Messer Tehnogas a.d (XBEL:TGAS) Gross Margin %: 68.22% (As of Dec. 2025) — 12% Above Median


XBEL:TGAS Messer Tehnogas a.d XBEL:TGAS
100 GF Score
Price RSD34,001.00
GF Value RSD28,817.27
Valuation Modestly Overvalued
! 3 Warning Signs
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What is Messer Tehnogas a.d Gross Margin %?

Messer Tehnogas a.d XBEL:TGAS 100 Gross Margin % is 68.22% as of Dec. 2025, which is 12% above its 10-year median of 61.05. GuruFocus rates XBEL:TGAS with a GF Score™ of 100/100 and a GF Value™ of RSD28,817.27 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 1,560 Chemicals companies, Messer Tehnogas a.d ranks better than 95.51% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Messer Tehnogas a.d's Gross Profit for the six months ended in Dec. 2025 was RSD7,679 Mil. Messer Tehnogas a.d's Revenue for the six months ended in Dec. 2025 was RSD11,256 Mil. Therefore, Messer Tehnogas a.d's Gross Margin % for the quarter that ended in Dec. 2025 was 68.22%.


The historical rank and industry rank for Messer Tehnogas a.d's Gross Margin % or its related term are showing as below:

XBEL:TGAS' s Gross Margin % Range Over the Past 10 Years
Min: 50.92   Med: 61.05   Max: 76.64
Current: 59.64


During the past 13 years, the highest Gross Margin % of Messer Tehnogas a.d was 76.64%. The lowest was 50.92%. And the median was 61.05%.

XBEL:TGAS's Gross Margin % is ranked better than
95.51% of 1560 companies
in the Chemicals industry
Industry Median: 23.36 vs XBEL:TGAS: 59.64

Messer Tehnogas a.d had a gross margin of 68.22% for the quarter that ended in Dec. 2025 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Messer Tehnogas a.d was 2.00% per year.


Messer Tehnogas a.d  (XBEL:TGAS) 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

Messer Tehnogas a.d had a gross margin of 68.22% for the quarter that ended in Dec. 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.


Messer Tehnogas a.d Gross Margin % Related Terms


Messer Tehnogas a.d Gross Margin % Historical Data

* Premium members only.

The historical data trend for Messer Tehnogas a.d'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.

Messer Tehnogas a.d Gross Margin % Chart

Messer Tehnogas a.d 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 62.08 55.57 54.98 60.02 59.64

Messer Tehnogas a.d Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 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 64.17 49.86 70.16 50.47 68.22

XBEL:TGAS vs LIN, SHW, ECL: Gross Margin % Comparison

For the Specialty Chemicals subindustry, Messer Tehnogas a.d'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.


Messer Tehnogas a.d Gross Margin % vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Messer Tehnogas a.d's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Messer Tehnogas a.d's Gross Margin % falls into.


XBEL:TGAS
100GF Score
Messer Tehnogas a.d XBEL:TGAS
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Messer Tehnogas a.d Gross Margin % Calculation

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

Messer Tehnogas a.d'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 )
=12995.4 / 21789.336
=(Revenue - Cost of Goods Sold) / Revenue
=(21789.336 - 8793.919) / 21789.336
=59.64 %

Messer Tehnogas a.d'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 )
=7679 / 11256.358
=(Revenue - Cost of Goods Sold) / Revenue
=(11256.358 - 3577.387) / 11256.358
=68.22 %

* 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 68.22% mean?
Messer Tehnogas a.d (XBEL:TGAS) has a Gross Margin % of 68.22% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Messer Tehnogas a.d and its competitors. This is 12% above median its historical median of 61.05. Over the past decade, Messer Tehnogas a.d's Gross Margin % has ranged from 50.92 to 76.64. According to the industry distribution chart, Messer Tehnogas a.d ranks #70 out of 1560 companies in the Chemicals industry, placing it in the top 4.5%.
Is Messer Tehnogas a.d's Gross Margin % too high?
Messer Tehnogas a.d's current Gross Margin % of 68.22% is 12% above median its 10-year median of 61.05. Over the past 10 years, this metric has ranged from a low of 50.92 to a high of 76.64. The Chemicals industry median Gross Margin % is 23.36. Messer Tehnogas a.d's value of 68.22% is 192% above this industry median. Based on the distribution chart, Messer Tehnogas a.d ranks #70 out of 1560 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Messer Tehnogas a.d has a GF Score™ of 100/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Messer Tehnogas a.d's Gross Margin % compare to LIN and SHW?
According to the Chemicals industry distribution chart, Messer Tehnogas a.d ranks #70 out of 1560 companies for Gross Margin %. This places Messer Tehnogas a.d in the top 5% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 23.36. Messer Tehnogas a.d's value of 68.22% is 192% above this benchmark. Historically, Messer Tehnogas a.d's own Gross Margin % has ranged from 50.92 to 76.64 over the past decade. While the company's 10-year median is 61.05 vs. the industry median of 23.36, Messer Tehnogas a.d 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 Chemicals company?
The median Gross Margin % among Chemicals companies is 23.36, based on 1,560 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. Messer Tehnogas a.d's current Gross Margin % of 68.22% is 192% 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 Messer Tehnogas a.d and its competitors. For the Chemicals industry, the median Gross Margin % is 23.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Messer Tehnogas a.d's current Gross Margin % is 68.22%, which is 12% above median its own 10-year median of 61.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Messer Tehnogas a.d stock overvalued right now?
Based on GuruFocus' analysis, Messer Tehnogas a.d (XBEL:TGAS) is currently considered Modestly Overvalued. The stock's GF Value™ is RSD28,817.27, compared to a current price of RSD34,001.00 — trading 18% above its estimated fair value. The current Gross Margin % is 68.22%, which is 12% above median its 10-year median of 61.05 and 192% above the Chemicals industry median of 23.36. Messer Tehnogas a.d's overall GF Score™ is 100/100 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 Messer Tehnogas a.d (XBEL:TGAS), the current Gross Margin % is 68.22% 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 Messer Tehnogas a.d (XBEL:TGAS) Overvalued in 2026?

Based on GuruFocus' analysis, Messer Tehnogas a.d stock appears to be overvalued. The current stock price of RSD34,001.00 is trading 18% above its estimated GF Value™ of RSD28,817.27. GuruFocus considers Messer Tehnogas a.d to be Modestly Overvalued.

Key valuation signals for XBEL:TGAS:

  • Gross Margin %: 68.22% (12% above median its 10-year median of 61.05)
  • GF Value™: RSD28,817.27 vs. price of RSD34,001.00 (18% above fair value)
  • GF Score™: 100/100 with 3 warning signs
  • Industry Position: 192% above the Chemicals median (#70 of 1560)

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


Messer Tehnogas a.d Business Description

Address Banjicki Put 62, Belgrade, SRB
Messer Tehnogas a.d. is engaged in the production and marketing of industrial and medical gases. The company serves steel and metal, metallurgy, chemical and petrochemical, food and beverage, pharmaceutical, automobile, electronics, medicine, home care, cutting and welding, water treatment and ecology and scientific research industry. Its products include oxygen, azot, argon, hydrogen, helium, home care, special gases, distribution line, HFC refrigerant fluids, natural cooling fluids, and other gases.
100GF Score

Get the complete analysis for XBEL:TGAS

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

RSD34,001.00
Price
RSD28,817.27
GF Value