INA-Industrija Nafte DDZAG:INA 73 Gross Margin % is 8.97% as of Mar. 2026, which is 39% below its 10-year median of 14.73. GuruFocus rates ZAG:INA with a GF Score™ of 73/100 and a GF Value™ of €358.63 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 872 Oil & Gas companies, INA-Industrija Nafte DD ranks worse than 69.38% on this metric.
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
INA-Industrija Nafte DD had a gross margin of 8.97% 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.
INA-Industrija Nafte DD Gross Margin % Related Terms
INA-Industrija Nafte DD Gross Margin % Historical Data
* 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.
ZAG:INA vs VLO, MPC, PSX: Gross Margin % Comparison
For the Oil & Gas Refining & Marketing subindustry, INA-Industrija Nafte DD'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.
INA-Industrija Nafte DD Gross Margin % vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, INA-Industrija Nafte DD's Gross Margin % distribution charts can be found below:
* The bar in red indicates where INA-Industrija Nafte DD'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.
INA-Industrija Nafte DD (ZAG:INA) has a Gross Margin % of 8.97% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on INA-Industrija Nafte DD and its competitors. This is 39% below median its historical median of 14.73. Over the past decade, INA-Industrija Nafte DD's Gross Margin % has ranged from 7.04 to 16.35. According to the industry distribution chart, INA-Industrija Nafte DD ranks #605 out of 872 companies in the Oil & Gas industry, placing it in the top 69.4%.
Is INA-Industrija Nafte DD's Gross Margin % too high?
INA-Industrija Nafte DD's current Gross Margin % of 8.97% is 39% below median its 10-year median of 14.73. Over the past 10 years, this metric has ranged from a low of 7.04 to a high of 16.35. The Oil & Gas industry median Gross Margin % is 25.54. INA-Industrija Nafte DD's value of 8.97% is 64.9% below this industry median. Based on the distribution chart, INA-Industrija Nafte DD ranks #605 out of 872 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, INA-Industrija Nafte DD has a GF Score™ of 73/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does INA-Industrija Nafte DD's Gross Margin % compare to VLO and MPC?
According to the Oil & Gas industry distribution chart, INA-Industrija Nafte DD ranks #605 out of 872 companies for Gross Margin %. This places INA-Industrija Nafte DD in the lower half of its industry. The industry median Gross Margin % is 25.54. INA-Industrija Nafte DD's value of 8.97% is 64.9% below this benchmark. Historically, INA-Industrija Nafte DD's own Gross Margin % has ranged from 7.04 to 16.35 over the past decade. While the company's 10-year median is 14.73 vs. the industry median of 25.54, INA-Industrija Nafte DD 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 25.54, based on 872 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. INA-Industrija Nafte DD's current Gross Margin % of 8.97% is 64.9% 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 INA-Industrija Nafte DD and its competitors. For the Oil & Gas industry, the median Gross Margin % is 25.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. INA-Industrija Nafte DD's current Gross Margin % is 8.97%, which is 39% below median its own 10-year median of 14.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is INA-Industrija Nafte DD stock overvalued right now?
Based on GuruFocus' analysis, INA-Industrija Nafte DD (ZAG:INA) is currently considered Significantly Overvalued. The stock's GF Value™ is €358.63, compared to a current price of €530.00 — trading 47.8% above its estimated fair value. The current Gross Margin % is 8.97%, which is 39% below median its 10-year median of 14.73 and 64.9% below the Oil & Gas industry median of 25.54. INA-Industrija Nafte DD's overall GF Score™ is 73/100 with 7 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 INA-Industrija Nafte DD (ZAG:INA), the current Gross Margin % is 8.97% 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 INA-Industrija Nafte DD (ZAG:INA) Overvalued in 2026?
Based on GuruFocus' analysis, INA-Industrija Nafte DD stock appears to be overvalued.
The current stock price of €530.00 is trading 47.8% above its estimated GF Value™ of €358.63.
GuruFocus considers INA-Industrija Nafte DD to be Significantly Overvalued.
Key valuation signals for ZAG:INA:
Gross Margin %: 8.97% (39% below median its 10-year median of 14.73)
GF Value™: €358.63 vs. price of €530.00 (47.8% above fair value)
Industry Position: 64.9% below the Oil & Gas median (#605 of 872)
No single metric tells the full story. See the ZAG:INA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
INA-Industrija Nafte DD is a medium-sized European oil and gas company. It is engaged in exploration and production of oil and gas deposits, import of natural gas and sale of imported and domestically produced natural gas to industrial consumers and municipal gas distributors, refining and production of oil products through refineries located at Rijeka and Sisak, and Zagreb lubricants plants. Its segments are Exploration and Production of Oil & Gas; Refining & Marketing; Corporate and other. Exploration and Production of Oil & Gas segment include exploration, production, and selling of crude oil and natural gas. Refining & Marketing segment includes crude oil processing, wholesale of refinery products, trading, and logistics.
73GF Score
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