Ulma Construccion Polska (WAR:ULM) Gross Margin %: 27.06% (As of Dec. 2025) — 12% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

WAR:ULM Ulma Construccion Polska SA WAR:ULM
80 GF Score
Price zł52.00
GF Value zł77.76
Valuation Significantly Undervalued
! 3 Warning Signs
View Full Analysis

What is Ulma Construccion Polska Gross Margin %?

Ulma Construccion Polska WAR:ULM 80 Gross Margin % is 27.06% as of Dec. 2025, which is 12% above its 10-year median of 24.09. GuruFocus rates WAR:ULM with a GF Score™ of 80/100 and a GF Value™ of zł77.76 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 1,004 Business Services companies, Ulma Construccion Polska ranks worse than 74.6% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Ulma Construccion Polska's Gross Profit for the three months ended in Dec. 2025 was zł18.8 Mil. Ulma Construccion Polska's Revenue for the three months ended in Dec. 2025 was zł69.4 Mil. Therefore, Ulma Construccion Polska's Gross Margin % for the quarter that ended in Dec. 2025 was 27.06%.

Warning Sign:

Ulma Construccion Polska SA gross margin has been in long-term decline. The average rate of decline per year is -2.3%.


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

WAR:ULM' s Gross Margin % Range Over the Past 10 Years
Min: 19.9   Med: 24.09   Max: 36.94
Current: 20.72


During the past 13 years, the highest Gross Margin % of Ulma Construccion Polska was 36.94%. The lowest was 19.90%. And the median was 24.09%.

WAR:ULM's Gross Margin % is ranked worse than
74.6% of 1004 companies
in the Business Services industry
Industry Median: 34.1 vs WAR:ULM: 20.72

Ulma Construccion Polska had a gross margin of 27.06% for the quarter that ended in Dec. 2025 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Ulma Construccion Polska was -2.30% per year.


Ulma Construccion Polska  (WAR:ULM) 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

Ulma Construccion Polska had a gross margin of 27.06% for the quarter that ended in Dec. 2025 => 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.


Ulma Construccion Polska Gross Margin % Related Terms


Ulma Construccion Polska Gross Margin % Historical Data

* Premium members only.

The historical data trend for Ulma Construccion Polska'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.

Ulma Construccion Polska Gross Margin % Chart

Ulma Construccion Polska Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 26.05 22.69 24.61 21.68 21.99

Ulma Construccion Polska Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 23.55 16.53 21.47 21.51 27.06

WAR:ULM vs URI, SUNB, AER: Gross Margin % Comparison

For the Rental & Leasing Services subindustry, Ulma Construccion Polska'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.


Ulma Construccion Polska Gross Margin % vs Business Services Industry

For the Business Services industry and Industrials sector, Ulma Construccion Polska's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Ulma Construccion Polska's Gross Margin % falls into.


WAR:ULM
80GF Score
Ulma Construccion Polska SA WAR:ULM
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ulma Construccion Polska Gross Margin % Calculation

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

Ulma Construccion Polska's Gross Margin for the fiscal year that ended in Dec. 2025 is calculated as

Gross Margin % (A: Dec. 2025 )=Gross Profit (A: Dec. 2025 ) / Revenue (A: Dec. 2025 )
=54 / 245.63
=(Revenue - Cost of Goods Sold) / Revenue
=(245.63 - 191.619) / 245.63
=21.99 %

Ulma Construccion Polska's Gross Margin for the quarter that ended in Dec. 2025 is calculated as


Gross Margin % (Q: Dec. 2025 )=Gross Profit (Q: Dec. 2025 ) / Revenue (Q: Dec. 2025 )
=18.8 / 69.356
=(Revenue - Cost of Goods Sold) / Revenue
=(69.356 - 50.591) / 69.356
=27.06 %

* 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 27.06% mean?
Ulma Construccion Polska (WAR:ULM) has a Gross Margin % of 27.06% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Ulma Construccion Polska and its competitors. This is 12% above median its historical median of 24.09. Over the past decade, Ulma Construccion Polska's Gross Margin % has ranged from 19.90 to 36.94. According to the industry distribution chart, Ulma Construccion Polska ranks #749 out of 1004 companies in the Business Services industry, placing it in the top 74.6%.
Is Ulma Construccion Polska's Gross Margin % too high?
Ulma Construccion Polska's current Gross Margin % of 27.06% is 12% above median its 10-year median of 24.09. Over the past 10 years, this metric has ranged from a low of 19.90 to a high of 36.94. The Business Services industry median Gross Margin % is 34.10. Ulma Construccion Polska's value of 27.06% is 20.6% below this industry median. Based on the distribution chart, Ulma Construccion Polska ranks #749 out of 1004 companies in the Business Services industry, which is below the industry midpoint. Overall, Ulma Construccion Polska has a GF Score™ of 80/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ulma Construccion Polska's Gross Margin % compare to URI and SUNB?
According to the Business Services industry distribution chart, Ulma Construccion Polska ranks #749 out of 1004 companies for Gross Margin %. This places Ulma Construccion Polska in the lower half of its industry. The industry median Gross Margin % is 34.10. Ulma Construccion Polska's value of 27.06% is 20.6% below this benchmark. Historically, Ulma Construccion Polska's own Gross Margin % has ranged from 19.90 to 36.94 over the past decade. While the company's 10-year median is 24.09 vs. the industry median of 34.10, Ulma Construccion Polska has consistently been below 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 Business Services company?
The median Gross Margin % among Business Services companies is 34.10, based on 1,004 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. Ulma Construccion Polska's current Gross Margin % of 27.06% is 20.6% below 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 Ulma Construccion Polska and its competitors. For the Business Services industry, the median Gross Margin % is 34.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ulma Construccion Polska's current Gross Margin % is 27.06%, which is 12% above median its own 10-year median of 24.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ulma Construccion Polska stock overvalued right now?
Based on GuruFocus' analysis, Ulma Construccion Polska (WAR:ULM) is currently considered Significantly Undervalued. The stock's GF Value™ is zł77.76, compared to a current price of zł52.00 — trading 33.1% below its estimated fair value. The current Gross Margin % is 27.06%, which is 12% above median its 10-year median of 24.09 and 20.6% below the Business Services industry median of 34.10. Ulma Construccion Polska's overall GF Score™ is 80/100 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 Ulma Construccion Polska (WAR:ULM), the current Gross Margin % is 27.06% as of Dec. 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 Ulma Construccion Polska (WAR:ULM) Overvalued in 2026?

Based on GuruFocus' analysis, Ulma Construccion Polska stock appears to be undervalued. The current stock price of zł52.00 is trading 33.1% below its estimated GF Value™ of zł77.76. GuruFocus considers Ulma Construccion Polska to be Significantly Undervalued.

Key valuation signals for WAR:ULM:

  • Gross Margin %: 27.06% (12% above median its 10-year median of 24.09)
  • GF Value™: zł77.76 vs. price of zł52.00 (33.1% below fair value)
  • GF Score™: 80/100 with 3 warning signs
  • Industry Position: 20.6% below the Business Services median (#749 of 1004)

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


Ulma Construccion Polska Business Description

Address Koszajec 50, Brwinow, POL, 05-840
Ulma Construccion Polska SA is a Polish company that supplies formwork and scaffolding systems for construction. It provides vertical and horizontal shuttering systems used in cubature and engineering construction, maintenance work, and related application designs, along with repairs of formwork systems and accessories. The company operates through two segments: construction site service, which covers rental of formwork and scaffolding systems together with logistics services and contract settlement at the end of a project, and sales of building materials, which includes sales of formwork systems as fixed assets and as products and goods, plus other building materials. Its customers are primarily construction contractors and engineering firms. The company operates mainly in Poland, serving domestic construction projects, and generates revenue through equipment rental and related services as well as direct sales of formwork systems and building materials.
80GF Score

Get the complete analysis for WAR:ULM

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

zł52.00
Price
zł77.76
GF Value