Tekfen Holding AS gross margin has been in long-term decline. The average rate of decline per year is -28.6%.
The historical rank and industry rank for Tekfen Holding AS's Gross Margin % or its related term are showing as below:
TKFHY'
s Gross Margin % Range Over the Past 10 Years
Min: 2.85 Med: 10.32 Max: 16.45
Current: 2.85
During the past 13 years, the highestGross Margin % of Tekfen Holding AS was 16.45%. The lowest was 2.85%. And the median was 10.32%.
TKFHY's Gross Margin % is ranked worse than 91.74% of 1610
companies
in the Construction industry
Industry Median: 19.215
vs TKFHY: 2.85
Tekfen Holding AS had a gross margin of -11.55% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage
The 5-Year average Growth Rate of Gross Margin for Tekfen Holding AS was -28.60% per year.
Tekfen Holding AS Gross Margin % Historical Data
The historical data trend for Tekfen Holding AS'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.
Competitive Comparison of Tekfen Holding AS's Gross Margin %
For the Engineering & Construction subindustry, Tekfen Holding AS'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.
Tekfen Holding AS's Gross Margin % Distribution in the Construction Industry
For the Construction industry and Industrials sector, Tekfen Holding AS's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Tekfen Holding AS'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.
Tekfen Holding AS (OTCPK:TKFHY) 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
Tekfen Holding AS had a gross margin of -11.55% for the quarter that ended in Dec. 2023 => 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.
Tekfen Holding AS Gross Margin % Related Terms
Thank you for viewing the detailed overview of Tekfen Holding AS's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.
Tekfen Holding AS (Tekfen Holding AS) Business Description
Tekfen Holding AS is a conglomerate that operates in below business lines: Engineering and Contracting; Chemical Industry; Agricultural Production; Service and Investment. It generates maximum revenue from the Chemical Industry segment. The Chemical Industry segment is mainly focused on fertilizer production, continues its activities in the fields of mineral fertilizers as well as special water soluble fertilizers and organic/organomineral fertilizers. It also manufactures bags used in fertilizer packaging in its own facility. Additionally, it generates biogas through the fermentation of organic wastes and electricity from biogas and also produces solid and liquid organic fertilizers from wastes that have completed the gasification process.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
TKFHY has been successfully added to your 