Aztec InternationalWAR:AZC 63 Gross Margin % is 60.14% as of Sep. 2025, which is 62% above its 10-year median of 37.03. GuruFocus rates WAR:AZC with a GF Score™ of 63/100 and a GF Value™ of zł1.75 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 2,996 Industrial Products companies, Aztec International ranks better than 93.19% on this metric.
The historical rank and industry rank for Aztec International's Gross Margin % or its related term are showing as below:
WAR:AZC'
s Gross Margin % Range Over the Past 10 Years
Min: 33.2 Med: 37.03 Max: 55.65
Current: 55.65
During the past 13 years, the highestGross Margin % of Aztec International was 55.65%. The lowest was 33.20%. And the median was 37.03%.
WAR:AZC's Gross Margin % is ranked better than 93.19% of 2996
companies
in the Industrial Products industry
Industry Median: 26.8
vs WAR:AZC: 55.65
Aztec International had a gross margin of 60.14% for the quarter that ended in Sep. 2025 => Durable competitive advantage
The 5-Year average Growth Rate of Gross Margin for Aztec International was 6.10% per year.
Aztec International (WAR:AZC) 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
Aztec International had a gross margin of 60.14% for the quarter that ended in Sep. 2025 => Durable 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.
Aztec International Gross Margin % Related Terms
Aztec International Gross Margin % Historical Data
* Premium members only.
The historical data trend for Aztec International'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.
WAR:AZC vs SNA, RBC, LECO: Gross Margin % Comparison
For the Tools & Accessories subindustry, Aztec International'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.
Aztec International Gross Margin % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Aztec International's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Aztec International'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.
Aztec International (WAR:AZC) has a Gross Margin % of 60.14% as of Sep. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Aztec International and its competitors. This is 62% above median its historical median of 37.03. Over the past decade, Aztec International's Gross Margin % has ranged from 33.20 to 55.65. According to the industry distribution chart, Aztec International ranks #204 out of 2996 companies in the Industrial Products industry, placing it in the top 6.8%.
Is Aztec International's Gross Margin % too high?
Aztec International's current Gross Margin % of 60.14% is 62% above median its 10-year median of 37.03. Over the past 10 years, this metric has ranged from a low of 33.20 to a high of 55.65. The Industrial Products industry median Gross Margin % is 26.80. Aztec International's value of 60.14% is 124.4% above this industry median. Based on the distribution chart, Aztec International ranks #204 out of 2996 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Aztec International has a GF Score™ of 63/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Aztec International's Gross Margin % compare to SNA and RBC?
According to the Industrial Products industry distribution chart, Aztec International ranks #204 out of 2996 companies for Gross Margin %. This places Aztec International in the top 7% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 26.80. Aztec International's value of 60.14% is 124.4% above this benchmark. Historically, Aztec International's own Gross Margin % has ranged from 33.20 to 55.65 over the past decade. While the company's 10-year median is 37.03 vs. the industry median of 26.80, Aztec International 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 an Industrial Products company?
The median Gross Margin % among Industrial Products companies is 26.80, based on 2,996 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. Aztec International's current Gross Margin % of 60.14% is 124.4% 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 Aztec International and its competitors. For the Industrial Products industry, the median Gross Margin % is 26.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aztec International's current Gross Margin % is 60.14%, which is 62% above median its own 10-year median of 37.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aztec International stock overvalued right now?
Based on GuruFocus' analysis, Aztec International (WAR:AZC) is currently considered Modestly Undervalued. The stock's GF Value™ is zł1.75, compared to a current price of zł1.37 — trading 21.7% below its estimated fair value. The current Gross Margin % is 60.14%, which is 62% above median its 10-year median of 37.03 and 124.4% above the Industrial Products industry median of 26.80. Aztec International's overall GF Score™ is 63/100 with 3 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 Aztec International (WAR:AZC), the current Gross Margin % is 60.14% as of Sep. 2025. 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 Aztec International (WAR:AZC) Overvalued in 2026?
Based on GuruFocus' analysis, Aztec International stock appears to be undervalued.
The current stock price of zł1.37 is trading 21.7% below its estimated GF Value™ of zł1.75.
GuruFocus considers Aztec International to be Modestly Undervalued.
Key valuation signals for WAR:AZC:
Gross Margin %: 60.14% (62% above median its 10-year median of 37.03)
GF Value™: zł1.75 vs. price of zł1.37 (21.7% below fair value)
Industry Position: 124.4% above the Industrial Products median (#204 of 2996)
No single metric tells the full story. See the WAR:AZC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Aztec International SA is a supplier to the European market of wide range powder painted screws. It is a producer of Saddle Washers. The company's product portfolio also includes anchors, rivets and screws. Its screws programme includes carbon steel zinc plated self-drilling and self-tapping screws, stainless steel screws and bimetal self-drilling screws for various applications, a majority of which, are offered with optional powder painting.
63GF Score
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