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National Gypsum Co gross margin has been in long-term decline. The average rate of decline per year is -48.5%.
The historical rank and industry rank for National Gypsum Co's Gross Margin % or its related term are showing as below:
SAU:2090'
s Gross Margin % Range Over the Past 10 Years
Min: -19.23 Med: 22.69 Max: 46.91
Current: -5.16
During the past 13 years, the highestGross Margin % of National Gypsum Co was 46.91%. The lowest was -19.23%. And the median was 22.69%.
SAU:2090's Gross Margin % is ranked worse than 98.49% of 397
companies
in the Building Materials industry
Industry Median: 26.2
vs SAU:2090: -5.16
National Gypsum Co had a gross margin of -2.85% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage
The 5-Year average Growth Rate of Gross Margin for National Gypsum Co was -48.50% per year.
National Gypsum Co (SAU:2090) 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
National Gypsum Co had a gross margin of -2.85% for the quarter that ended in Mar. 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.
National Gypsum Co Gross Margin % Related Terms
National Gypsum Co Gross Margin % Historical Data
* Premium members only.
The historical data trend for National Gypsum 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.
SAU:2090 vs CRH, VMC, MLM: Gross Margin % Comparison
For the Building Materials subindustry, National Gypsum 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.
National Gypsum Co Gross Margin % vs Building Materials Industry
For the Building Materials industry and Basic Materials sector, National Gypsum Co's Gross Margin % distribution charts can be found below:
* The bar in red indicates where National Gypsum Co's Gross Margin % falls into.
* 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.
National Gypsum Co (SAU:2090) has a Gross Margin % of -2.85% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on National Gypsum Co and its competitors. According to the industry distribution chart, National Gypsum Co ranks #391 out of 397 companies in the Building Materials industry, placing it in the top 98.5%.
Is National Gypsum Co's Gross Margin % too high?
National Gypsum Co's current Gross Margin % is -2.85%. Based on the distribution chart, National Gypsum Co ranks #391 out of 397 companies in the Building Materials industry, which is in the bottom quartile relative to peers. Overall, National Gypsum Co has a GF Score™ of 62/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does National Gypsum Co's Gross Margin % compare to CRH and VMC?
According to the Building Materials industry distribution chart, National Gypsum Co ranks #391 out of 397 companies for Gross Margin %. This places National Gypsum Co in the lower half of its industry. The industry median Gross Margin % is 26.20. 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 Building Materials company?
The median Gross Margin % among Building Materials companies is 26.20, based on 397 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. 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 National Gypsum Co and its competitors. For the Building Materials industry, the median Gross Margin % is 26.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. National Gypsum Co's current Gross Margin % is -2.85%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is National Gypsum Co stock overvalued right now?
Based on GuruFocus' analysis, National Gypsum Co (SAU:2090) is currently considered Possible Value Trap. The stock's GF Value™ is ﷼24.01, compared to a current price of ﷼13.92 — trading 42% below its estimated fair value. The current Gross Margin % is -2.85%. National Gypsum Co's overall GF Score™ is 62/100 with 2 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 National Gypsum Co (SAU:2090), the current Gross Margin % is -2.85% 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 National Gypsum Co (SAU:2090) Overvalued in 2026?
Based on GuruFocus' analysis, National Gypsum Co stock appears to be undervalued.
The current stock price of ﷼13.92 is trading 42% below its estimated GF Value™ of ﷼24.01.
GuruFocus considers National Gypsum Co to be Possible Value Trap.
Key valuation signals for SAU:2090:
Gross Margin %: -2.85%
GF Value™: ﷼24.01 vs. price of ﷼13.92 (42% below fair value)
No single metric tells the full story. See the SAU:2090 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
National Gypsum Co is engaged in the manufacture and production of gypsum and its derivatives extracted from concession areas, trading in gypsum and its derivatives, the production of various materials that can be extracted from gypsum mechanically and chemically, and carrying out all the necessary work to achieve its purpose. The company has concession rights for raw stone in three concession areas (quarries) in the cities of Riyadh, Dammam, and Yanbu. Its products include Plastering gypsum, Splash powder, Machine-sprayed gypsum, Adhesive plaster, Agricultural gypsum, and New gypsum products, including ceramic gypsum, medical gypsum, glue gypsum, molding gypsum, solid gypsum for facades, fast-setting gypsum, and high-resistance gypsum. It operates in a single segment.
62GF Score
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