Upson International (PHS:UPSON) Gross Margin %: 22.92% (As of Mar. 2026) — 11% Above Median


PHS:UPSON Upson International Corp PHS:UPSON
49 GF Score
Price ₱0.70
GF Value ₱0.97
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Upson International Gross Margin %?

Upson International PHS:UPSON 49 Gross Margin % is 22.92% as of Mar. 2026, which is 11% above its 10-year median of 20.72. GuruFocus rates PHS:UPSON with a GF Score™ of 49/100 and a GF Value™ of ₱0.97 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,117 Retail - Cyclical companies, Upson International ranks worse than 76.19% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Upson International's Gross Profit for the three months ended in Mar. 2026 was ₱730 Mil. Upson International's Revenue for the three months ended in Mar. 2026 was ₱3,187 Mil. Therefore, Upson International's Gross Margin % for the quarter that ended in Mar. 2026 was 22.92%.


The historical rank and industry rank for Upson International's Gross Margin % or its related term are showing as below:

PHS:UPSON' s Gross Margin % Range Over the Past 10 Years
Min: 20.5   Med: 20.72   Max: 23.03
Current: 21.05


During the past 7 years, the highest Gross Margin % of Upson International was 23.03%. The lowest was 20.50%. And the median was 20.72%.

PHS:UPSON's Gross Margin % is ranked worse than
76.19% of 1117 companies
in the Retail - Cyclical industry
Industry Median: 36.23 vs PHS:UPSON: 21.05

Upson International had a gross margin of 22.92% for the quarter that ended in Mar. 2026 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Upson International was -0.70% per year.


Upson International  (PHS:UPSON) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Upson International had a gross margin of 22.92% for the quarter that ended in Mar. 2026 => Competition eroding margins


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


Upson International Gross Margin % Related Terms


Upson International Gross Margin % Historical Data

* Premium members only.

The historical data trend for Upson International's Gross Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Upson International Gross Margin % Chart

Upson International Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Gross Margin %
Get a 7-Day Free Trial 22.01 23.03 20.72 20.68 20.70

Upson International Quarterly Data
Dec19 Dec20 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 21.48 20.04 18.98 22.39 22.92

PHS:UPSON vs CASY, WSM, ULTA: Gross Margin % Comparison

For the Specialty Retail subindustry, Upson International's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Upson International Gross Margin % vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Upson International's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Upson International's Gross Margin % falls into.


PHS:UPSON
49GF Score
Upson International Corp PHS:UPSON
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Upson International Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Upson International's Gross Margin for the fiscal year that ended in Dec. 2025 is calculated as

Gross Margin % (A: Dec. 2025 )=Gross Profit (A: Dec. 2025 ) / Revenue (A: Dec. 2025 )
=2673.5 / 12917.708
=(Revenue - Cost of Goods Sold) / Revenue
=(12917.708 - 10244.234) / 12917.708
=20.70 %

Upson International's Gross Margin for the quarter that ended in Mar. 2026 is calculated as


Gross Margin % (Q: Mar. 2026 )=Gross Profit (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=730.4 / 3186.955
=(Revenue - Cost of Goods Sold) / Revenue
=(3186.955 - 2456.525) / 3186.955
=22.92 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.

Frequently Asked Questions Learn more about Gross Margin % →
What does a Gross Margin % of 22.92% mean?
Upson International (PHS:UPSON) has a Gross Margin % of 22.92% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Upson International and its competitors. This is 11% above median its historical median of 20.72. Over the past decade, Upson International's Gross Margin % has ranged from 20.50 to 23.03. According to the industry distribution chart, Upson International ranks #851 out of 1117 companies in the Retail - Cyclical industry, placing it in the top 76.2%.
Is Upson International's Gross Margin % too high?
Upson International's current Gross Margin % of 22.92% is 11% above median its 10-year median of 20.72. Over the past 10 years, this metric has ranged from a low of 20.50 to a high of 23.03. The Retail - Cyclical industry median Gross Margin % is 36.23. Upson International's value of 22.92% is 36.7% below this industry median. Based on the distribution chart, Upson International ranks #851 out of 1117 companies in the Retail - Cyclical industry, which is in the bottom quartile relative to peers. Overall, Upson International has a GF Score™ of 49/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Upson International's Gross Margin % compare to CASY and WSM?
According to the Retail - Cyclical industry distribution chart, Upson International ranks #851 out of 1117 companies for Gross Margin %. This places Upson International in the lower half of its industry. The industry median Gross Margin % is 36.23. Upson International's value of 22.92% is 36.7% below this benchmark. Historically, Upson International's own Gross Margin % has ranged from 20.50 to 23.03 over the past decade. While the company's 10-year median is 20.72 vs. the industry median of 36.23, Upson International has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Margin % for a Retail - Cyclical company?
The median Gross Margin % among Retail - Cyclical companies is 36.23, based on 1,117 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Upson International's current Gross Margin % of 22.92% is 36.7% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on Upson International and its competitors. For the Retail - Cyclical industry, the median Gross Margin % is 36.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Upson International's current Gross Margin % is 22.92%, which is 11% above median its own 10-year median of 20.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Upson International stock overvalued right now?
Based on GuruFocus' analysis, Upson International (PHS:UPSON) is currently considered Modestly Undervalued. The stock's GF Value™ is ₱0.97, compared to a current price of ₱0.70 — trading 27.8% below its estimated fair value. The current Gross Margin % is 22.92%, which is 11% above median its 10-year median of 20.72 and 36.7% below the Retail - Cyclical industry median of 36.23. Upson International's overall GF Score™ is 49/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For Upson International (PHS:UPSON), the current Gross Margin % is 22.92% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Upson International (PHS:UPSON) Overvalued in 2026?

Based on GuruFocus' analysis, Upson International stock appears to be undervalued. The current stock price of ₱0.70 is trading 27.8% below its estimated GF Value™ of ₱0.97. GuruFocus considers Upson International to be Modestly Undervalued.

Key valuation signals for PHS:UPSON:

  • Gross Margin %: 22.92% (11% above median its 10-year median of 20.72)
  • GF Value™: ₱0.97 vs. price of ₱0.70 (27.8% below fair value)
  • GF Score™: 49/100 with 4 warning signs
  • Industry Position: 36.7% below the Retail - Cyclical median (#851 of 1117)

No single metric tells the full story. See the PHS:UPSON stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Upson International Business Description

Address 9th Avenue corner 34th Street, Unit 2308, 23rd Floor, Capital House Tower 1, Bonifacio Global City, Taguig, PHL, 1635
Upson International Corp is engaged in the business of buying, selling, distributing, marketing, at wholesale and retail all kinds of goods, commodities, wares and merchandise such as but not limited to computer hardware equipment, telecommunications and other similar products. The company operates in two segments 1) Retail of information and communications technology (ICT) products. and 2) Retail of water filtration and purification devices. Key revenue is generated from ICT Products. The Group operates and generates revenue principally in the Philippines.
49GF Score

Get the complete analysis for PHS:UPSON

Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₱0.70
Price
₱0.97
GF Value