Carreras (XJAM:CAR) Gross Margin %: 57.14% (As of Dec. 2025) — 16% Above Median


XJAM:CAR Carreras Ltd XJAM:CAR
76 GF Score
Price JMD27.58
GF Value JMD12.98
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Carreras Gross Margin %?

Carreras XJAM:CAR +5.43% 76 Gross Margin % is 57.14% as of Dec. 2025, which is 16% above its 10-year median of 49.14. GuruFocus rates XJAM:CAR with a GF Score™ of 76/100 and a GF Value™ of JMD12.98 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 47 Tobacco Products companies, Carreras ranks better than 80.85% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Carreras's Gross Profit for the six months ended in Dec. 2025 was JMD11,942 Mil. Carreras's Revenue for the six months ended in Dec. 2025 was JMD20,900 Mil. Therefore, Carreras's Gross Margin % for the quarter that ended in Dec. 2025 was 57.14%.


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

XJAM:CAR' s Gross Margin % Range Over the Past 10 Years
Min: 46.56   Med: 49.14   Max: 57.14
Current: 57.14


During the past 13 years, the highest Gross Margin % of Carreras was 57.14%. The lowest was 46.56%. And the median was 49.14%.

XJAM:CAR's Gross Margin % is ranked better than
80.85% of 47 companies
in the Tobacco Products industry
Industry Median: 33.29 vs XJAM:CAR: 57.14

Carreras had a gross margin of 57.14% for the quarter that ended in Dec. 2025 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Carreras was 3.20% per year.


Carreras  (XJAM:CAR) 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

Carreras had a gross margin of 57.14% 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.


Carreras Gross Margin % Related Terms


Carreras Gross Margin % Historical Data

* Premium members only.

The historical data trend for Carreras'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.

Carreras Gross Margin % Chart

Carreras Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Dec24 Dec25
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 48.76 48.08 46.56 55.72 57.14

Carreras Semi-Annual Data
Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Dec24 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 48.76 48.08 46.56 55.72 57.14

XJAM:CAR vs PM, MO, TPB: Gross Margin % Comparison

For the Tobacco subindustry, Carreras'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.


Carreras Gross Margin % vs Tobacco Products Industry

For the Tobacco Products industry and Consumer Defensive sector, Carreras's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Carreras's Gross Margin % falls into.


XJAM:CAR
76GF Score
Carreras Ltd XJAM:CAR
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Carreras Gross Margin % Calculation

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

Carreras'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 )
=11942.1 / 20899.971
=(Revenue - Cost of Goods Sold) / Revenue
=(20899.971 - 8957.856) / 20899.971
=57.14 %

Carreras'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 )
=11942.1 / 20899.971
=(Revenue - Cost of Goods Sold) / Revenue
=(20899.971 - 8957.856) / 20899.971
=57.14 %

* 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 57.14% mean?
Carreras (XJAM:CAR) has a Gross Margin % of 57.14% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Carreras and its competitors. This is 16% above median its historical median of 49.14. Over the past decade, Carreras' Gross Margin % has ranged from 46.56 to 57.14. According to the industry distribution chart, Carreras ranks #9 out of 47 companies in the Tobacco Products industry, placing it in the top 19.1%.
Is Carreras' Gross Margin % too high?
Carreras' current Gross Margin % of 57.14% is 16% above median its 10-year median of 49.14. Over the past 10 years, this metric has ranged from a low of 46.56 to a high of 57.14. The Tobacco Products industry median Gross Margin % is 33.29. Carreras' value of 57.14% is 71.6% above this industry median. Based on the distribution chart, Carreras ranks #9 out of 47 companies in the Tobacco Products industry, which is in the top quartile — a strong position relative to peers. Overall, Carreras has a GF Score™ of 76/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Carreras' Gross Margin % compare to PM and MO?
According to the Tobacco Products industry distribution chart, Carreras ranks #9 out of 47 companies for Gross Margin %. This places Carreras in the top 19% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 33.29. Carreras' value of 57.14% is 71.6% above this benchmark. Historically, Carreras' own Gross Margin % has ranged from 46.56 to 57.14 over the past decade. While the company's 10-year median is 49.14 vs. the industry median of 33.29, Carreras 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 Tobacco Products company?
The median Gross Margin % among Tobacco Products companies is 33.29, based on 47 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. Carreras's current Gross Margin % of 57.14% is 71.6% 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 Carreras and its competitors. For the Tobacco Products industry, the median Gross Margin % is 33.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Carreras's current Gross Margin % is 57.14%, which is 16% above median its own 10-year median of 49.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Carreras stock overvalued right now?
Based on GuruFocus' analysis, Carreras (XJAM:CAR) is currently considered Significantly Overvalued. The stock's GF Value™ is JMD12.98, compared to a current price of JMD27.58 — trading 112.5% above its estimated fair value. The current Gross Margin % is 57.14%, which is 16% above median its 10-year median of 49.14 and 71.6% above the Tobacco Products industry median of 33.29. Carreras' overall GF Score™ is 76/100 with 6 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 Carreras (XJAM:CAR), the current Gross Margin % is 57.14% 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 Carreras (XJAM:CAR) Overvalued in 2026?

Based on GuruFocus' analysis, Carreras stock appears to be overvalued. The current stock price of JMD27.58 is trading 112.5% above its estimated GF Value™ of JMD12.98. GuruFocus considers Carreras to be Significantly Overvalued.

Key valuation signals for XJAM:CAR:

  • Gross Margin %: 57.14% (16% above median its 10-year median of 49.14)
  • GF Value™: JMD12.98 vs. price of JMD27.58 (112.5% above fair value)
  • GF Score™: 76/100 with 6 warning signs
  • Industry Position: 71.6% above the Tobacco Products median (#9 of 47)

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


Carreras Business Description

Address 8 Automotive Parkway, Kingston, JAM, 20
Carreras Ltd is a marketer and distributor of cigarettes and tobacco-related products in Jamaica. The company markets and distributes various brands of cigarettes, including Craven A and Matterhorn. The group's activities are limited to the distribution of cigarettes to Jamaican consumers, operating in a single segment.
76GF Score

Get the complete analysis for XJAM:CAR

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

JMD27.58
Price
JMD12.98
GF Value