Victorias Milling Co (PHS:VMC) Gross Margin %: 19.88% (As of Feb. 2026) — Near Median


PHS:VMC Victorias Milling Co Inc PHS:VMC
89 GF Score
Price ₱1.98
GF Value ₱1.98
Valuation Fairly Valued
! 4 Warning Signs
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What is Victorias Milling Co Gross Margin %?

Victorias Milling Co PHS:VMC -1.00% 89 Gross Margin % is 19.88% as of Feb. 2026, which is 8% above its 10-year median of 18.43. GuruFocus rates PHS:VMC with a GF Score™ of 89/100 and a GF Value™ of ₱1.98 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,902 Consumer Packaged Goods companies, Victorias Milling Co ranks worse than 76.6% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Victorias Milling Co's Gross Profit for the three months ended in Feb. 2026 was ₱671 Mil. Victorias Milling Co's Revenue for the three months ended in Feb. 2026 was ₱3,377 Mil. Therefore, Victorias Milling Co's Gross Margin % for the quarter that ended in Feb. 2026 was 19.88%.

Warning Sign:

Victorias Milling Co Inc gross margin has been in long-term decline. The average rate of decline per year is -4.6%.


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

PHS:VMC' s Gross Margin % Range Over the Past 10 Years
Min: 14.76   Med: 18.43   Max: 35.31
Current: 14.76


During the past 13 years, the highest Gross Margin % of Victorias Milling Co was 35.31%. The lowest was 14.76%. And the median was 18.43%.

PHS:VMC's Gross Margin % is ranked worse than
76.6% of 1902 companies
in the Consumer Packaged Goods industry
Industry Median: 26.37 vs PHS:VMC: 14.76

Victorias Milling Co had a gross margin of 19.88% for the quarter that ended in Feb. 2026 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Victorias Milling Co was -4.60% per year.


Victorias Milling Co  (PHS:VMC) 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

Victorias Milling Co had a gross margin of 19.88% for the quarter that ended in Feb. 2026 => No sustainable competitive advantage


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.


Victorias Milling Co Gross Margin % Related Terms


Victorias Milling Co Gross Margin % Historical Data

* Premium members only.

The historical data trend for Victorias Milling Co'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.

Victorias Milling Co Gross Margin % Chart

Victorias Milling Co Annual Data
Trend Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.44 18.93 19.12 16.14 14.96

Victorias Milling Co Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
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 14.22 13.70 17.42 9.31 19.88

PHS:VMC vs MDLZ, HSY, TR: Gross Margin % Comparison

For the Confectioners subindustry, Victorias Milling Co'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.


Victorias Milling Co Gross Margin % vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Victorias Milling Co's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Victorias Milling Co's Gross Margin % falls into.


PHS:VMC
89GF Score
Victorias Milling Co Inc PHS:VMC
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Victorias Milling Co Gross Margin % Calculation

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

Victorias Milling Co's Gross Margin for the fiscal year that ended in Aug. 2025 is calculated as

Gross Margin % (A: Aug. 2025 )=Gross Profit (A: Aug. 2025 ) / Revenue (A: Aug. 2025 )
=1898 / 12682.859
=(Revenue - Cost of Goods Sold) / Revenue
=(12682.859 - 10784.875) / 12682.859
=14.96 %

Victorias Milling Co's Gross Margin for the quarter that ended in Feb. 2026 is calculated as


Gross Margin % (Q: Feb. 2026 )=Gross Profit (Q: Feb. 2026 ) / Revenue (Q: Feb. 2026 )
=671.4 / 3376.701
=(Revenue - Cost of Goods Sold) / Revenue
=(3376.701 - 2705.314) / 3376.701
=19.88 %

* 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 19.88% mean?
Victorias Milling Co (PHS:VMC) has a Gross Margin % of 19.88% as of Feb. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Victorias Milling Co and its competitors. This is near median its historical median of 18.43. Over the past decade, Victorias Milling Co's Gross Margin % has ranged from 14.76 to 35.31. According to the industry distribution chart, Victorias Milling Co ranks #1457 out of 1902 companies in the Consumer Packaged Goods industry, placing it in the top 76.6%.
Is Victorias Milling Co's Gross Margin % too high?
Victorias Milling Co's current Gross Margin % of 19.88% is near median its 10-year median of 18.43. Over the past 10 years, this metric has ranged from a low of 14.76 to a high of 35.31. The Consumer Packaged Goods industry median Gross Margin % is 26.37. Victorias Milling Co's value of 19.88% is 24.6% below this industry median. Based on the distribution chart, Victorias Milling Co ranks #1457 out of 1902 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers. Overall, Victorias Milling Co has a GF Score™ of 89/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Victorias Milling Co's Gross Margin % compare to MDLZ and HSY?
According to the Consumer Packaged Goods industry distribution chart, Victorias Milling Co ranks #1457 out of 1902 companies for Gross Margin %. This places Victorias Milling Co in the lower half of its industry. The industry median Gross Margin % is 26.37. Victorias Milling Co's value of 19.88% is 24.6% below this benchmark. Historically, Victorias Milling Co's own Gross Margin % has ranged from 14.76 to 35.31 over the past decade. While the company's 10-year median is 18.43 vs. the industry median of 26.37, Victorias Milling Co 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 Consumer Packaged Goods company?
The median Gross Margin % among Consumer Packaged Goods companies is 26.37, based on 1,902 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. Victorias Milling Co's current Gross Margin % of 19.88% is 24.6% 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 Victorias Milling Co and its competitors. For the Consumer Packaged Goods industry, the median Gross Margin % is 26.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Victorias Milling Co's current Gross Margin % is 19.88%, which is near median its own 10-year median of 18.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Victorias Milling Co stock overvalued right now?
Based on GuruFocus' analysis, Victorias Milling Co (PHS:VMC) is currently considered Fairly Valued. The stock's GF Value™ is ₱1.98, compared to a current price of ₱1.98 — trading right at its estimated fair value. The current Gross Margin % is 19.88%, which is near median its 10-year median of 18.43 and 24.6% below the Consumer Packaged Goods industry median of 26.37. Victorias Milling Co's overall GF Score™ is 89/100 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 Victorias Milling Co (PHS:VMC), the current Gross Margin % is 19.88% as of Feb. 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 Victorias Milling Co (PHS:VMC) Overvalued in 2026?

Based on GuruFocus' analysis, Victorias Milling Co stock appears to be undervalued. The current stock price of ₱1.98 is trading 0% below its estimated GF Value™ of ₱1.98. GuruFocus considers Victorias Milling Co to be Fairly Valued.

Key valuation signals for PHS:VMC:

  • Gross Margin %: 19.88% (near median its 10-year median of 18.43)
  • GF Value™: ₱1.98 vs. price of ₱1.98 (0% below fair value)
  • GF Score™: 89/100 with 4 warning signs
  • Industry Position: 24.6% below the Consumer Packaged Goods median (#1457 of 1902)

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


Victorias Milling Co Business Description

Address J.J. Ossorio Street, VMC Compound, Barangay XVI, Negros Occidental, Victorias, NEC, PHL, 6119
Victorias Milling Co Inc is a Philippines-based company engaged in sugar manufacturing. The company offers milling and tolling services to planters and sells raw sugar, refined sugar, molasses, and renewable energy. The company operates through business segments that include Sugar Milling, Renewable Energy Operations, and Others. The Sugar Milling segment generates maximum revenue for the company.
89GF Score

Get the complete analysis for PHS:VMC

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

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