Nos SgpsZONNF -14.16%61 Gross Margin % is 69.65% as of Mar. 2026, which is 1% above its 10-year median of 69.28. GuruFocus rates ZONNF with a GF Score™ of 61/100 and a GF Value™ of $4.71 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 344 Telecommunication Services companies, Nos Sgps ranks better than 81.69% on this metric.
Gross Margin % is calculated as gross profit divided by its revenue. Nos Sgps's Gross Profit for the
three
months ended in Mar. 2026 was $371 Mil. Nos Sgps's Revenue for the
three
months ended in Mar. 2026 was $532 Mil. Therefore, Nos Sgps's Gross Margin % for the quarter that ended in Mar. 2026 was 69.65%.
The historical rank and industry rank for Nos Sgps's Gross Margin % or its related term are showing as below:
ZONNF'
s Gross Margin % Range Over the Past 10 Years
Min: 63.69 Med: 69.28 Max: 71.41
Current: 70.4
During the past 13 years, the highestGross Margin % of Nos Sgps was 71.41%. The lowest was 63.69%. And the median was 69.28%.
ZONNF's Gross Margin % is ranked better than 81.69% of 344
companies
in the Telecommunication Services industry
Industry Median: 51.415
vs ZONNF: 70.40
Nos Sgps had a gross margin of 69.65% for the quarter that ended in Mar. 2026 => Durable competitive advantage
The 5-Year average Growth Rate of Gross Margin for Nos Sgps was 0.70% per year.
Nos Sgps (OTCPK:ZONNF) 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
Nos Sgps had a gross margin of 69.65% for the quarter that ended in Mar. 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.
Nos Sgps Gross Margin % Related Terms
Nos Sgps Gross Margin % Historical Data
* Premium members only.
The historical data trend for Nos Sgps'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.
For the Telecom Services subindustry, Nos Sgps'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.
Nos Sgps Gross Margin % vs Telecommunication Services Industry
For the Telecommunication Services industry and Communication Services sector, Nos Sgps's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Nos Sgps'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.
Nos Sgps (ZONNF) has a Gross Margin % of 69.65% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Nos Sgps and its competitors. This is near median its historical median of 69.28. Over the past decade, Nos Sgps' Gross Margin % has ranged from 63.69 to 71.41. According to the industry distribution chart, Nos Sgps ranks #63 out of 344 companies in the Telecommunication Services industry, placing it in the top 18.3%.
Is Nos Sgps' Gross Margin % too high?
Nos Sgps' current Gross Margin % of 69.65% is near median its 10-year median of 69.28. Over the past 10 years, this metric has ranged from a low of 63.69 to a high of 71.41. The Telecommunication Services industry median Gross Margin % is 51.42. Nos Sgps' value of 69.65% is 35.5% above this industry median. Based on the distribution chart, Nos Sgps ranks #63 out of 344 companies in the Telecommunication Services industry, which is in the top quartile — a strong position relative to peers. Overall, Nos Sgps has a GF Score™ of 61/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nos Sgps' Gross Margin % compare to TMUS and VZ?
According to the Telecommunication Services industry distribution chart, Nos Sgps ranks #63 out of 344 companies for Gross Margin %. This places Nos Sgps in the top 18% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 51.42. Nos Sgps' value of 69.65% is 35.5% above this benchmark. Historically, Nos Sgps' own Gross Margin % has ranged from 63.69 to 71.41 over the past decade. While the company's 10-year median is 69.28 vs. the industry median of 51.42, Nos Sgps 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 Telecommunication Services company?
The median Gross Margin % among Telecommunication Services companies is 51.42, based on 344 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. Nos Sgps's current Gross Margin % of 69.65% is 35.5% 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 Nos Sgps and its competitors. For the Telecommunication Services industry, the median Gross Margin % is 51.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nos Sgps's current Gross Margin % is 69.65%, which is near median its own 10-year median of 69.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nos Sgps stock overvalued right now?
Based on GuruFocus' analysis, Nos Sgps (ZONNF) is currently considered Modestly Overvalued. The stock's GF Value™ is $4.71, compared to a current price of $6.00 — trading 27.4% above its estimated fair value. The current Gross Margin % is 69.65%, which is near median its 10-year median of 69.28 and 35.5% above the Telecommunication Services industry median of 51.42. Nos Sgps' overall GF Score™ is 61/100 with 5 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 Nos Sgps (ZONNF), the current Gross Margin % is 69.65% 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 Nos Sgps (ZONNF) Overvalued in 2026?
Based on GuruFocus' analysis, Nos Sgps stock appears to be overvalued.
The current stock price of $6.00 is trading 27.4% above its estimated GF Value™ of $4.71.
GuruFocus considers Nos Sgps to be Modestly Overvalued.
Key valuation signals for ZONNF:
Gross Margin %: 69.65% (near median its 10-year median of 69.28)
GF Value™: $4.71 vs. price of $6.00 (27.4% above fair value)
Industry Position: 35.5% above the Telecommunication Services median (#63 of 344)
No single metric tells the full story. See the ZONNF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nos Sgps SA is a group operating in communications, technology, and entertainment in Portugal. It provides fixed and mobile telecommunications services, internet, voice and data solutions, as well as cinema and audiovisual services. Its operations span telecommunications, information technology, and related businesses, offering digital and connectivity services to customers in Portugal. The company's business segments are: Telco, IT and Audiovisuals & Cinema. The majority of the company's revenue is derived from the Telco segment, which includes TV, Internet (fixed and mobile) and voice (fixed and mobile) services rendered.
61GF Score
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