CAPXSGO:CAP -1.37%63 Gross Margin % is 10.24% as of Mar. 2026, which is 57% below its 10-year median of 23.96. GuruFocus rates XSGO:CAP with a GF Score™ of 63/100 and a GF Value™ of CLP6,939.79 (Fairly Valued). The stock has 9 warning signs investors should review. Among 593 Steel companies, CAP ranks worse than 52.11% on this metric.
Gross Margin % is calculated as gross profit divided by its revenue. CAP's Gross Profit for the
three
months ended in Mar. 2026 was CLP46,130 Mil. CAP's Revenue for the
three
months ended in Mar. 2026 was CLP450,401 Mil. Therefore, CAP's Gross Margin % for the quarter that ended in Mar. 2026 was 10.24%.
Warning Sign:
CAP SA gross margin has been in long-term decline. The average rate of decline per year is -20.3%.
The historical rank and industry rank for CAP's Gross Margin % or its related term are showing as below:
XSGO:CAP'
s Gross Margin % Range Over the Past 10 Years
Min: 8.21 Med: 23.96 Max: 46.56
Current: 11.74
During the past 13 years, the highestGross Margin % of CAP was 46.56%. The lowest was 8.21%. And the median was 23.96%.
XSGO:CAP's Gross Margin % is ranked worse than 52.11% of 593
companies
in the Steel industry
Industry Median: 12.6
vs XSGO:CAP: 11.74
CAP had a gross margin of 10.24% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage
The 5-Year average Growth Rate of Gross Margin for CAP was -20.30% per year.
CAP (XSGO:CAP) 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
CAP had a gross margin of 10.24% for the quarter that ended in Mar. 2026 => 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.
CAP Gross Margin % Related Terms
CAP Gross Margin % Historical Data
* Premium members only.
The historical data trend for CAP'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.
XSGO:CAP vs NUE, STLD, RS: Gross Margin % Comparison
For the Steel subindustry, CAP'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.
CAP Gross Margin % vs Steel Industry
For the Steel industry and Basic Materials sector, CAP's Gross Margin % distribution charts can be found below:
* The bar in red indicates where CAP'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.
CAP (XSGO:CAP) has a Gross Margin % of 10.24% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on CAP and its competitors. This is 57% below median its historical median of 23.96. Over the past decade, CAP's Gross Margin % has ranged from 8.21 to 46.56. According to the industry distribution chart, CAP ranks #309 out of 593 companies in the Steel industry, placing it in the top 52.1%.
Is CAP's Gross Margin % too high?
CAP's current Gross Margin % of 10.24% is 57% below median its 10-year median of 23.96. Over the past 10 years, this metric has ranged from a low of 8.21 to a high of 46.56. The Steel industry median Gross Margin % is 12.60. CAP's value of 10.24% is 18.7% below this industry median. Based on the distribution chart, CAP ranks #309 out of 593 companies in the Steel industry, which is below the industry midpoint. Overall, CAP has a GF Score™ of 63/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does CAP's Gross Margin % compare to NUE and STLD?
According to the Steel industry distribution chart, CAP ranks #309 out of 593 companies for Gross Margin %. This places CAP in the lower half of its industry. The industry median Gross Margin % is 12.60. CAP's value of 10.24% is 18.7% below this benchmark. Historically, CAP's own Gross Margin % has ranged from 8.21 to 46.56 over the past decade. While the company's 10-year median is 23.96 vs. the industry median of 12.60, CAP 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 Steel company?
The median Gross Margin % among Steel companies is 12.60, based on 593 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. CAP's current Gross Margin % of 10.24% is 18.7% 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 CAP and its competitors. For the Steel industry, the median Gross Margin % is 12.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CAP's current Gross Margin % is 10.24%, which is 57% below median its own 10-year median of 23.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CAP stock overvalued right now?
Based on GuruFocus' analysis, CAP (XSGO:CAP) is currently considered Fairly Valued. The stock's GF Value™ is CLP6,939.79, compared to a current price of CLP6,500.00 — trading 6.3% below its estimated fair value. The current Gross Margin % is 10.24%, which is 57% below median its 10-year median of 23.96 and 18.7% below the Steel industry median of 12.60. CAP's overall GF Score™ is 63/100 with 9 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 CAP (XSGO:CAP), the current Gross Margin % is 10.24% as of Mar. 2026. 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 CAP (XSGO:CAP) Overvalued in 2026?
Based on GuruFocus' analysis, CAP stock appears to be undervalued.
The current stock price of CLP6,500.00 is trading 6.3% below its estimated GF Value™ of CLP6,939.79.
GuruFocus considers CAP to be Fairly Valued.
Key valuation signals for XSGO:CAP:
Gross Margin %: 10.24% (57% below median its 10-year median of 23.96)
GF Value™: CLP6,939.79 vs. price of CLP6,500.00 (6.3% below fair value)
Industry Position: 18.7% below the Steel median (#309 of 593)
No single metric tells the full story. See the XSGO:CAP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
CAP SA is a Chile-based holding company. The company, through its subsidiaries, is engaged in mining, steel production, steel processing, and infrastructure business. The company manages three business areas: iron ore (CAP Mining), steel production (CAP Steel) and CAP Steel Solutions. The company's main customers are located in Bahrain, Chile, China, Japan, Korea, Malaysia, and the USA. The firm's CAP Mining business division is engaged in the production of iron ore and pellets. CAP Steel operates through its subsidiary Compania Siderurgica Huachipato S.A, which sells steel products to distributors and construction companies, and CAP Steel Solutions main purpose is the manufacture, distribution, import and export of all kinds of steel and metal products.
63GF Score
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