Companhia Siderurgica NacionalSID -4.83%63 Gross Margin % is 23.79% as of Mar. 2026, which is 17% below its 10-year median of 28.78. GuruFocus rates SID with a GF Score™ of 63/100 and a GF Value™ of $2.24 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 598 Steel companies, Companhia Siderurgica Nacional ranks better than 81.1% on this metric.
Companhia Siderurgica Nacional (NYSE:SID) 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
Companhia Siderurgica Nacional had a gross margin of 23.79% 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.
Companhia Siderurgica Nacional Gross Margin % Related Terms
Companhia Siderurgica Nacional Gross Margin % Historical Data
* 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.
Companhia Siderurgica Nacional Gross Margin % Chart
For the Steel subindustry, Companhia Siderurgica Nacional'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.
Companhia Siderurgica Nacional Gross Margin % vs Steel Industry
For the Steel industry and Basic Materials sector, Companhia Siderurgica Nacional's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Companhia Siderurgica Nacional'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.
Companhia Siderurgica Nacional (SID) has a Gross Margin % of 23.79% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Companhia Siderurgica Nacional and its competitors. This is 17% below median its historical median of 28.78. Over the past decade, Companhia Siderurgica Nacional's Gross Margin % has ranged from 26.29 to 46.07. According to the industry distribution chart, Companhia Siderurgica Nacional ranks #113 out of 598 companies in the Steel industry, placing it in the top 18.9%.
Is Companhia Siderurgica Nacional's Gross Margin % too high?
Companhia Siderurgica Nacional's current Gross Margin % of 23.79% is 17% below median its 10-year median of 28.78. Over the past 10 years, this metric has ranged from a low of 26.29 to a high of 46.07. The Steel industry median Gross Margin % is 12.61. Companhia Siderurgica Nacional's value of 23.79% is 88.7% above this industry median. Based on the distribution chart, Companhia Siderurgica Nacional ranks #113 out of 598 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Companhia Siderurgica Nacional has a GF Score™ of 63/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Companhia Siderurgica Nacional's Gross Margin % compare to NUE and STLD?
According to the Steel industry distribution chart, Companhia Siderurgica Nacional ranks #113 out of 598 companies for Gross Margin %. This places Companhia Siderurgica Nacional in the top 19% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 12.61. Companhia Siderurgica Nacional's value of 23.79% is 88.7% above this benchmark. Historically, Companhia Siderurgica Nacional's own Gross Margin % has ranged from 26.29 to 46.07 over the past decade. While the company's 10-year median is 28.78 vs. the industry median of 12.61, Companhia Siderurgica Nacional has consistently been above 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 Steel company?
The median Gross Margin % among Steel companies is 12.61, based on 598 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. Companhia Siderurgica Nacional's current Gross Margin % of 23.79% is 88.7% above 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 Companhia Siderurgica Nacional and its competitors. For the Steel industry, the median Gross Margin % is 12.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Companhia Siderurgica Nacional's current Gross Margin % is 23.79%, which is 17% below median its own 10-year median of 28.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Companhia Siderurgica Nacional stock overvalued right now?
Based on GuruFocus' analysis, Companhia Siderurgica Nacional (SID) is currently considered Possible Value Trap. The stock's GF Value™ is $2.24, compared to a current price of $0.99 — trading 55.8% below its estimated fair value. The current Gross Margin % is 23.79%, which is 17% below median its 10-year median of 28.78 and 88.7% above the Steel industry median of 12.61. Companhia Siderurgica Nacional's overall GF Score™ is 63/100 with 7 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 Companhia Siderurgica Nacional (SID), the current Gross Margin % is 23.79% 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 Companhia Siderurgica Nacional (SID) Overvalued in 2026?
Based on GuruFocus' analysis, Companhia Siderurgica Nacional stock appears to be undervalued.
The current stock price of $0.99 is trading 55.8% below its estimated GF Value™ of $2.24.
GuruFocus considers Companhia Siderurgica Nacional to be Possible Value Trap.
Key valuation signals for SID:
Gross Margin %: 23.79% (17% below median its 10-year median of 28.78)
GF Value™: $2.24 vs. price of $0.99 (55.8% below fair value)
Industry Position: 88.7% above the Steel median (#113 of 598)
No single metric tells the full story. See the SID stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Companhia Siderurgica Nacional Business Description
Companhia Siderurgica Nacional is an integrated steel producer. together with its subsidiaries operates in five main business segments: Steel industry: production and marketing of flat and long steels; Mining: extraction, processing and marketing of iron ore, tin, limestone and dolomite; Cement: production and commercialization of bagged and bulk cement, in addition to aggregates, concrete, and other related products; Energy: generation and sale of energy from almost all renewable sources; and Logistics: participations port concessions and fleets of road transport vehicles. The group generates the majority of its revenue from the Steel industry segment. Geographically, it derives a majority of revenue from Asia.
63GF Score
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