TBLMF (Tiger Brands) Gross Margin %: 32.06% (As of Mar. 2026) — Near Median


TBLMF Tiger Brands Ltd TBLMF
71 GF Score
Price $20.88
GF Value $18.49
! 2 Warning Signs
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What is Tiger Brands Gross Margin %?

Tiger Brands TBLMF +1.37% 71 Gross Margin % is 32.06% as of Mar. 2026, which is 4% above its 10-year median of 30.82. GuruFocus rates TBLMF with a GF Score™ of 71/100 and a GF Value™ of $18.49. The stock has 2 warning signs investors should review. Among 1,899 Consumer Packaged Goods companies, Tiger Brands ranks better than 63.45% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Tiger Brands's Gross Profit for the six months ended in Mar. 2026 was $343 Mil. Tiger Brands's Revenue for the six months ended in Mar. 2026 was $1,069 Mil. Therefore, Tiger Brands's Gross Margin % for the quarter that ended in Mar. 2026 was 32.06%.


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

TBLMF' s Gross Margin % Range Over the Past 10 Years
Min: 27.66   Med: 30.82   Max: 33.36
Current: 32.49


During the past 13 years, the highest Gross Margin % of Tiger Brands was 33.36%. The lowest was 27.66%. And the median was 30.82%.

TBLMF's Gross Margin % is ranked better than
63.45% of 1899 companies
in the Consumer Packaged Goods industry
Industry Median: 26.37 vs TBLMF: 32.49

Tiger Brands had a gross margin of 32.06% for the quarter that ended in Mar. 2026 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Tiger Brands was 0.50% per year.


Tiger Brands  (OTCPK:TBLMF) 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

Tiger Brands had a gross margin of 32.06% 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.


Tiger Brands Gross Margin % Related Terms


Tiger Brands Gross Margin % Historical Data

* Premium members only.

The historical data trend for Tiger Brands'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.

Tiger Brands Gross Margin % Chart

Tiger Brands Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 28.46 30.31 27.66 29.12 31.32

Tiger Brands Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 28.53 29.82 29.78 32.95 32.06

TBLMF vs KHC, GIS, HRL: Gross Margin % Comparison

For the Packaged Foods subindustry, Tiger Brands'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.


Tiger Brands Gross Margin % vs Consumer Packaged Goods Industry

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

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


TBLMF
71GF Score
Tiger Brands Ltd TBLMF
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Tiger Brands Gross Margin % Calculation

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

Tiger Brands's Gross Margin for the fiscal year that ended in Sep. 2025 is calculated as

Gross Margin % (A: Sep. 2025 )=Gross Profit (A: Sep. 2025 ) / Revenue (A: Sep. 2025 )
=618.2 / 1973.693
=(Revenue - Cost of Goods Sold) / Revenue
=(1973.693 - 1355.508) / 1973.693
=31.32 %

Tiger Brands'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 )
=342.8 / 1069.053
=(Revenue - Cost of Goods Sold) / Revenue
=(1069.053 - 726.294) / 1069.053
=32.06 %

* 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 32.06% mean?
Tiger Brands (TBLMF) has a Gross Margin % of 32.06% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Tiger Brands and its competitors. This is near median its historical median of 30.82. Over the past decade, Tiger Brands' Gross Margin % has ranged from 27.66 to 33.36. According to the industry distribution chart, Tiger Brands ranks #694 out of 1899 companies in the Consumer Packaged Goods industry, placing it in the top 36.5%.
Is Tiger Brands' Gross Margin % too high?
Tiger Brands' current Gross Margin % of 32.06% is near median its 10-year median of 30.82. Over the past 10 years, this metric has ranged from a low of 27.66 to a high of 33.36. The Consumer Packaged Goods industry median Gross Margin % is 26.37. Tiger Brands' value of 32.06% is 21.6% above this industry median. Based on the distribution chart, Tiger Brands ranks #694 out of 1899 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, Tiger Brands has a GF Score™ of 71/100, reflecting its overall financial health beyond just this single metric.
How does Tiger Brands' Gross Margin % compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Tiger Brands ranks #694 out of 1899 companies for Gross Margin %. This puts Tiger Brands in the upper half of its industry. The industry median Gross Margin % is 26.37. Tiger Brands' value of 32.06% is 21.6% above this benchmark. Historically, Tiger Brands' own Gross Margin % has ranged from 27.66 to 33.36 over the past decade. While the company's 10-year median is 30.82 vs. the industry median of 26.37, Tiger Brands 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 Consumer Packaged Goods company?
The median Gross Margin % among Consumer Packaged Goods companies is 26.37, based on 1,899 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. Tiger Brands's current Gross Margin % of 32.06% is 21.6% 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 Tiger Brands 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. Tiger Brands's current Gross Margin % is 32.06%, which is near median its own 10-year median of 30.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tiger Brands stock overvalued right now?
Tiger Brands (TBLMF) has a current Gross Margin % of 32.06%. The stock's GF Value™ is $18.49, compared to a current price of $20.88 — trading 12.9% above its estimated fair value. The current Gross Margin % is 32.06%, which is near median its 10-year median of 30.82 and 21.6% above the Consumer Packaged Goods industry median of 26.37. Tiger Brands' overall GF Score™ is 71/100 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 Tiger Brands (TBLMF), the current Gross Margin % is 32.06% 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 Tiger Brands (TBLMF) Overvalued in 2026?

Based on GuruFocus' analysis, Tiger Brands stock appears to be overvalued. The current stock price of $20.88 is trading 12.9% above its estimated GF Value™ of $18.49.

Key valuation signals for TBLMF:

  • Gross Margin %: 32.06% (near median its 10-year median of 30.82)
  • GF Value™: $18.49 vs. price of $20.88 (12.9% above fair value)
  • GF Score™: 71/100 with 2 warning signs
  • Industry Position: 21.6% above the Consumer Packaged Goods median (#694 of 1899)

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


Tiger Brands Business Description

Address The Ingress, Building 3, Corner of Magwa & Lone Creek Crescent, Midrand, Waterfall, MP, ZAF, 2090
Tiger Brands Ltd is an African producer and distributor of branded food, beverage, home, and personal care products. Its operations are predominantly in Southern Africa, with additional market presence in other parts of the African continent through exports. The company's reportable product segments are Milling and Baking, Grains, Culinary, Snacks, Treats and Beverages, Home, Personal and Baby Care. The company derives the majority of revenue from the product sales of the Culinary segment, which includes canned fruit and vegetables, condiments and ingredients, spreads, baby nutrition and Davita exports.
71GF Score

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

$20.88
Price
$18.49
GF Value