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Toplivo ADXBUL:TOPL 47 Gross Margin % is 10.88% as of Jun. 2025, which is 37% above its 10-year median of 7.97. GuruFocus rates XBUL:TOPL with a GF Score™ of 47/100 and a GF Value™ of €4.44 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 870 Oil & Gas companies, Toplivo AD ranks worse than 75.63% on this metric.
Gross Margin % is calculated as gross profit divided by its revenue. Toplivo AD's Gross Profit for the
six
months ended in Jun. 2025 was €5.24 Mil. Toplivo AD's Revenue for the
six
months ended in Jun. 2025 was €48.12 Mil. Therefore, Toplivo AD's Gross Margin % for the quarter that ended in Jun. 2025 was 10.88%.
The historical rank and industry rank for Toplivo AD's Gross Margin % or its related term are showing as below:
XBUL:TOPL'
s Gross Margin % Range Over the Past 10 Years
Min: 5.58 Med: 7.97 Max: 11.2
Current: 11.17
During the past 13 years, the highestGross Margin % of Toplivo AD was 11.20%. The lowest was 5.58%. And the median was 7.97%.
XBUL:TOPL's Gross Margin % is ranked worse than 75.63% of 870
companies
in the Oil & Gas industry
Industry Median: 25.78
vs XBUL:TOPL: 11.17
Toplivo AD had a gross margin of 10.88% for the quarter that ended in Jun. 2025 => No sustainable competitive advantage
The 5-Year average Growth Rate of Gross Margin for Toplivo AD was 7.30% per year.
Toplivo AD (XBUL:TOPL) 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
Toplivo AD had a gross margin of 10.88% for the quarter that ended in Jun. 2025 => 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.
Toplivo AD Gross Margin % Related Terms
Toplivo AD Gross Margin % Historical Data
* Premium members only.
The historical data trend for Toplivo AD'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.
XBUL:TOPL vs VLO, MPC, PSX: Gross Margin % Comparison
For the Oil & Gas Refining & Marketing subindustry, Toplivo AD'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.
Toplivo AD Gross Margin % vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Toplivo AD's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Toplivo AD'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.
Toplivo AD (XBUL:TOPL) has a Gross Margin % of 10.88% as of Jun. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Toplivo AD and its competitors. This is 37% above median its historical median of 7.97. Over the past decade, Toplivo AD's Gross Margin % has ranged from 5.58 to 11.20. According to the industry distribution chart, Toplivo AD ranks #658 out of 870 companies in the Oil & Gas industry, placing it in the top 75.6%.
Is Toplivo AD's Gross Margin % too high?
Toplivo AD's current Gross Margin % of 10.88% is 37% above median its 10-year median of 7.97. Over the past 10 years, this metric has ranged from a low of 5.58 to a high of 11.20. The Oil & Gas industry median Gross Margin % is 25.78. Toplivo AD's value of 10.88% is 57.8% below this industry median. Based on the distribution chart, Toplivo AD ranks #658 out of 870 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, Toplivo AD has a GF Score™ of 47/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Toplivo AD's Gross Margin % compare to VLO and MPC?
According to the Oil & Gas industry distribution chart, Toplivo AD ranks #658 out of 870 companies for Gross Margin %. This places Toplivo AD in the lower half of its industry. The industry median Gross Margin % is 25.78. Toplivo AD's value of 10.88% is 57.8% below this benchmark. Historically, Toplivo AD's own Gross Margin % has ranged from 5.58 to 11.20 over the past decade. While the company's 10-year median is 7.97 vs. the industry median of 25.78, Toplivo AD 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 an Oil & Gas company?
The median Gross Margin % among Oil & Gas companies is 25.78, based on 870 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. Toplivo AD's current Gross Margin % of 10.88% is 57.8% 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 Toplivo AD and its competitors. For the Oil & Gas industry, the median Gross Margin % is 25.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Toplivo AD's current Gross Margin % is 10.88%, which is 37% above median its own 10-year median of 7.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Toplivo AD stock overvalued right now?
Based on GuruFocus' analysis, Toplivo AD (XBUL:TOPL) is currently considered Modestly Undervalued. The stock's GF Value™ is €4.44, compared to a current price of €3.90 — trading 12.2% below its estimated fair value. The current Gross Margin % is 10.88%, which is 37% above median its 10-year median of 7.97 and 57.8% below the Oil & Gas industry median of 25.78. Toplivo AD's overall GF Score™ is 47/100 with 1 warning sign 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 Toplivo AD (XBUL:TOPL), the current Gross Margin % is 10.88% as of Jun. 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 Toplivo AD (XBUL:TOPL) Overvalued in 2026?
Based on GuruFocus' analysis, Toplivo AD stock appears to be undervalued.
The current stock price of €3.90 is trading 12.2% below its estimated GF Value™ of €4.44.
GuruFocus considers Toplivo AD to be Modestly Undervalued.
Key valuation signals for XBUL:TOPL:
Gross Margin %: 10.88% (37% above median its 10-year median of 7.97)
GF Value™: €4.44 vs. price of €3.90 (12.2% below fair value)
Industry Position: 57.8% below the Oil & Gas median (#658 of 870)
No single metric tells the full story. See the XBUL:TOPL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Toplivo AD is engaged in the provision of petroleum products like propane-butane, liquid petrol and liquid petroleum gas. It also offers construction and heating materials like firewood, wooden materials, decorating tiles, briquettes, wood, and metals.
47GF Score
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