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Jadranski Naftovod DDZAG:JNAF 83 Gross Margin % is 64.31% as of Jun. 2026, which is 7% above its 10-year median of 60.33. GuruFocus rates ZAG:JNAF with a GF Score™ of 83/100 and a GF Value™ of €770.33 (Fairly Valued). The stock has 7 warning signs investors should review. Among 880 Oil & Gas companies, Jadranski Naftovod DD ranks better than 85.8% 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
Jadranski Naftovod DD had a gross margin of 64.31% for the quarter that ended in Jun. 2026 => 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.
Jadranski Naftovod DD Gross Margin % Related Terms
Jadranski Naftovod DD Gross Margin % Historical Data
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The historical data trend for Jadranski Naftovod DD'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.
ZAG:JNAF vs WMB, EPD, KMI: Gross Margin % Comparison
For the Oil & Gas Midstream subindustry, Jadranski Naftovod 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.
Jadranski Naftovod DD Gross Margin % vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Jadranski Naftovod DD's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Jadranski Naftovod 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.
Jadranski Naftovod DD (ZAG:JNAF) has a Gross Margin % of 64.31% as of Jun. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Jadranski Naftovod DD and its competitors. This is near median its historical median of 60.33. Over the past decade, Jadranski Naftovod DD's Gross Margin % has ranged from 57.23 to 64.97. According to the industry distribution chart, Jadranski Naftovod DD ranks #125 out of 880 companies in the Oil & Gas industry, placing it in the top 14.2%.
Is Jadranski Naftovod DD's Gross Margin % too high?
Jadranski Naftovod DD's current Gross Margin % of 64.31% is near median its 10-year median of 60.33. Over the past 10 years, this metric has ranged from a low of 57.23 to a high of 64.97. The Oil & Gas industry median Gross Margin % is 26.58. Jadranski Naftovod DD's value of 64.31% is 142% above this industry median. Based on the distribution chart, Jadranski Naftovod DD ranks #125 out of 880 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, Jadranski Naftovod DD has a GF Score™ of 83/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Jadranski Naftovod DD's Gross Margin % compare to WMB and EPD?
According to the Oil & Gas industry distribution chart, Jadranski Naftovod DD ranks #125 out of 880 companies for Gross Margin %. This places Jadranski Naftovod DD in the top 14% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 26.58. Jadranski Naftovod DD's value of 64.31% is 142% above this benchmark. Historically, Jadranski Naftovod DD's own Gross Margin % has ranged from 57.23 to 64.97 over the past decade. While the company's 10-year median is 60.33 vs. the industry median of 26.58, Jadranski Naftovod DD 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 an Oil & Gas company?
The median Gross Margin % among Oil & Gas companies is 26.58, based on 880 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. Jadranski Naftovod DD's current Gross Margin % of 64.31% is 142% 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 Jadranski Naftovod DD and its competitors. For the Oil & Gas industry, the median Gross Margin % is 26.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jadranski Naftovod DD's current Gross Margin % is 64.31%, which is near median its own 10-year median of 60.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jadranski Naftovod DD stock overvalued right now?
Based on GuruFocus' analysis, Jadranski Naftovod DD (ZAG:JNAF) is currently considered Fairly Valued. The stock's GF Value™ is €770.33, compared to a current price of €830.00 — trading 7.7% above its estimated fair value. The current Gross Margin % is 64.31%, which is near median its 10-year median of 60.33 and 142% above the Oil & Gas industry median of 26.58. Jadranski Naftovod DD's overall GF Score™ is 83/100 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 Jadranski Naftovod DD (ZAG:JNAF), the current Gross Margin % is 64.31% as of Jun. 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 Jadranski Naftovod DD (ZAG:JNAF) Overvalued in 2026?
Based on GuruFocus' analysis, Jadranski Naftovod DD stock appears to be overvalued.
The current stock price of €830.00 is trading 7.7% above its estimated GF Value™ of €770.33.
GuruFocus considers Jadranski Naftovod DD to be Fairly Valued.
Key valuation signals for ZAG:JNAF:
Gross Margin %: 64.31% (near median its 10-year median of 60.33)
GF Value™: €770.33 vs. price of €830.00 (7.7% above fair value)
Industry Position: 142% above the Oil & Gas median (#125 of 880)
No single metric tells the full story. See the ZAG:JNAF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Jadranski Naftovod DD is mainly engaged in oil transportation activities and storage of oil and refinery products. The company operates the JANAF system which is an international crude oil transportation system consists of crude oil handling terminals and pipelines in Sisak, Gola, Virje, Sotin and Slavonski Brod and the accompanying pumping and metering stations. It also involved in the reloading and storage of crude oil and oil products as well as provision of engineering and technical advisory services.
83GF Score
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