SATS (SPASF) Gross Margin %: 0.00% (As of Mar. 2026)


SPASF SATS Ltd SPASF
79 GF Score
Price $3.27
GF Value $2.50
Valuation Significantly Overvalued
! 9 Warning Signs
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What is SATS Gross Margin %?

SATS SPASF +22.51% 79 Gross Margin % is 0.00% as of Mar. 2026. GuruFocus rates SPASF with a GF Score™ of 79/100 and a GF Value™ of $2.50 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 985 Transportation companies, SATS ranks worse than 101522.74% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. SATS's Gross Profit for the three months ended in Mar. 2026 was $1,268 Mil. SATS's Revenue for the three months ended in Mar. 2026 was $1,268 Mil. Therefore, SATS's Gross Margin % for the quarter that ended in Mar. 2026 was 0.00%. If there's no value for Cost of Goods Sold, then Gross Margin % is not calculated.

Warning Sign:

SATS Ltd gross margin has been in long-term decline. The average rate of decline per year is -2.9%.


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


During the past 13 years, the highest Gross Margin % of SATS was 32.92%. The lowest was 12.76%. And the median was 19.75%.

SPASF's Gross Margin % is not ranked *
in the Transportation industry.
Industry Median: 20.42
* Ranked among companies with meaningful Gross Margin % only.

SATS had a gross margin of N/A% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for SATS was -2.90% per year.


SATS  (OTCPK:SPASF) 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

SATS had a gross margin of N/A% 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.


SATS Gross Margin % Related Terms


SATS Gross Margin % Historical Data

* Premium members only.

The historical data trend for SATS'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.

SATS Gross Margin % Chart

SATS Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.60 20.16 12.76 16.35 17.40

SATS Quarterly Data
Jun21 Sep21 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 0.00 0.00 0.00 0.00 0.00

SPASF vs JOBY, CAAP: Gross Margin % Comparison

For the Airports & Air Services subindustry, SATS'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.


SATS Gross Margin % vs Transportation Industry

For the Transportation industry and Industrials sector, SATS's Gross Margin % distribution charts can be found below:

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


SPASF
79GF Score
SATS Ltd SPASF
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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SATS Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue. (Note that if there's no value for Cost of Goods Sold, then Gross Margin % is not calculated.)

SATS's Gross Margin for the fiscal year that ended in Mar. 2026 is calculated as

Gross Margin % (A: Mar. 2026 )=Gross Profit (A: Mar. 2026 ) / Revenue (A: Mar. 2026 )
=863.1 / 4958.972
=(Revenue - Cost of Goods Sold) / Revenue
=(4958.972 - 4095.89) / 4958.972
=17.40 %

SATS'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 )
=1267.5 / 1267.505
=(Revenue - Cost of Goods Sold) / Revenue
=(1267.505 - 0) / 1267.505
=N/A %

* 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 0.00% mean?
SATS (SPASF) has a Gross Margin % of 0.00% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on SATS and its competitors. Over the past decade, SATS's Gross Margin % has ranged from 12.76 to 32.92. According to the industry distribution chart, SATS ranks #999999 out of 985 companies in the Transportation industry.
Is SATS's Gross Margin % too high?
SATS's current Gross Margin % is 0.00%. Over the past 10 years, this metric has ranged from a low of 12.76 to a high of 32.92. Based on the distribution chart, SATS ranks #999999 out of 985 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, SATS has a GF Score™ of 79/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does SATS's Gross Margin % compare to JOBY and CAAP?
According to the Transportation industry distribution chart, SATS ranks #999999 out of 985 companies for Gross Margin %. This places SATS in the lower half of its industry. The industry median Gross Margin % is 20.42. Historically, SATS's own Gross Margin % has ranged from 12.76 to 32.92 over the past decade. 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 Transportation company?
The median Gross Margin % among Transportation companies is 20.42, based on 985 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 SATS and its competitors. For the Transportation industry, the median Gross Margin % is 20.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SATS's current Gross Margin % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SATS stock overvalued right now?
Based on GuruFocus' analysis, SATS (SPASF) is currently considered Significantly Overvalued. The stock's GF Value™ is $2.50, compared to a current price of $3.27 — trading 30.6% above its estimated fair value. The current Gross Margin % is 0.00%. SATS's overall GF Score™ is 79/100 with 9 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 SATS (SPASF), the current Gross Margin % is 0.00% 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 SATS (SPASF) Overvalued in 2026?

Based on GuruFocus' analysis, SATS stock appears to be overvalued. The current stock price of $3.27 is trading 30.6% above its estimated GF Value™ of $2.50. GuruFocus considers SATS to be Significantly Overvalued.

Key valuation signals for SPASF:

  • Gross Margin %: 0.00%
  • GF Value™: $2.50 vs. price of $3.27 (30.6% above fair value)
  • GF Score™: 79/100 with 9 warning signs

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


SATS Business Description

Address 20 Airport Boulevard, SATS Inflight Catering Centre 1, Singapore, SGP, 819659
SATS Ltd is a Singapore-based provider of ground-handling and in-flight catering services for air transportation in Asia and Australia. Additionally, it offers food distribution and logistics, industrial catering, and other amenities for hospitality and government agencies. The company has three reportable segments: food solutions (segment by revenue), gateway services, and others. The company has partnerships with multiple airlines to provide catering during flights and offers experience in planning airline menus, institutional catering, linen, and laundry to improve the airline's appearance. Gateway services cover the gamut of procedures airports must handle for each passenger. Baggage, ramp handling, passenger services, and terminal management are all offered to customers.
79GF Score

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

$3.27
Price
$2.50
GF Value