Salzgitter AGSZGPF 56 Gross Margin % is 36.28% as of Mar. 2026, which is 5% above its 10-year median of 34.47. GuruFocus rates SZGPF with a GF Score™ of 56/100 and a GF Value™ of $27.36 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 594 Steel companies, Salzgitter AG ranks better than 88.22% on this metric.
The historical rank and industry rank for Salzgitter AG's Gross Margin % or its related term are showing as below:
SZGPF'
s Gross Margin % Range Over the Past 10 Years
Min: 31.26 Med: 34.47 Max: 36.29
Current: 35.35
During the past 13 years, the highestGross Margin % of Salzgitter AG was 36.29%. The lowest was 31.26%. And the median was 34.47%.
SZGPF's Gross Margin % is ranked better than 88.22% of 594
companies
in the Steel industry
Industry Median: 12.61
vs SZGPF: 35.35
Salzgitter AG had a gross margin of 36.28% for the quarter that ended in Mar. 2026 => Competition eroding margins
The 5-Year average Growth Rate of Gross Margin for Salzgitter AG was -0.70% per year.
Salzgitter AG (OTCPK:SZGPF) 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
Salzgitter AG had a gross margin of 36.28% 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.
Salzgitter AG Gross Margin % Related Terms
Salzgitter AG Gross Margin % Historical Data
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The historical data trend for Salzgitter AG'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.
For the Steel subindustry, Salzgitter AG'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.
Salzgitter AG Gross Margin % vs Steel Industry
For the Steel industry and Basic Materials sector, Salzgitter AG's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Salzgitter AG'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.
Salzgitter AG (SZGPF) has a Gross Margin % of 36.28% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Salzgitter AG and its competitors. This is near median its historical median of 34.47. Over the past decade, Salzgitter AG's Gross Margin % has ranged from 31.26 to 36.29. According to the industry distribution chart, Salzgitter AG ranks #70 out of 594 companies in the Steel industry, placing it in the top 11.8%.
Is Salzgitter AG's Gross Margin % too high?
Salzgitter AG's current Gross Margin % of 36.28% is near median its 10-year median of 34.47. Over the past 10 years, this metric has ranged from a low of 31.26 to a high of 36.29. The Steel industry median Gross Margin % is 12.61. Salzgitter AG's value of 36.28% is 187.7% above this industry median. Based on the distribution chart, Salzgitter AG ranks #70 out of 594 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Salzgitter AG has a GF Score™ of 56/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Salzgitter AG's Gross Margin % compare to NUE and STLD?
According to the Steel industry distribution chart, Salzgitter AG ranks #70 out of 594 companies for Gross Margin %. This places Salzgitter AG in the top 12% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 12.61. Salzgitter AG's value of 36.28% is 187.7% above this benchmark. Historically, Salzgitter AG's own Gross Margin % has ranged from 31.26 to 36.29 over the past decade. While the company's 10-year median is 34.47 vs. the industry median of 12.61, Salzgitter AG 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 594 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. Salzgitter AG's current Gross Margin % of 36.28% is 187.7% 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 Salzgitter AG 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. Salzgitter AG's current Gross Margin % is 36.28%, which is near median its own 10-year median of 34.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Salzgitter AG stock overvalued right now?
Based on GuruFocus' analysis, Salzgitter AG (SZGPF) is currently considered Significantly Overvalued. The stock's GF Value™ is $27.36, compared to a current price of $57.97 — trading 111.9% above its estimated fair value. The current Gross Margin % is 36.28%, which is near median its 10-year median of 34.47 and 187.7% above the Steel industry median of 12.61. Salzgitter AG's overall GF Score™ is 56/100 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 Salzgitter AG (SZGPF), the current Gross Margin % is 36.28% 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 Salzgitter AG (SZGPF) Overvalued in 2026?
Based on GuruFocus' analysis, Salzgitter AG stock appears to be overvalued.
The current stock price of $57.97 is trading 111.9% above its estimated GF Value™ of $27.36.
GuruFocus considers Salzgitter AG to be Significantly Overvalued.
Key valuation signals for SZGPF:
Gross Margin %: 36.28% (near median its 10-year median of 34.47)
GF Value™: $27.36 vs. price of $57.97 (111.9% above fair value)
Industry Position: 187.7% above the Steel median (#70 of 594)
No single metric tells the full story. See the SZGPF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Salzgitter AG operates as a holding company. It has four divisions: Steel Production, Steel Processing, Trading and Technology. The majority is derived from the Steel Production segment, which manufactures high-quality branded steel & special steel. Its core product offerings include strip steel articles, seamless and welded steel pipes and tubes, and heavy plate count.
56GF Score
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Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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