Ulker Biskuvinayi AS (IST:ULKER) Net Margin %: 4.68% (As of Mar. 2026) — 36% Below Median


IST:ULKER Ulker Biskuvi Sanayi AS IST:ULKER
87 GF Score
Price ₺102.40
GF Value ₺126.05
Valuation Modestly Undervalued
! 7 Warning Signs
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What is Ulker Biskuvinayi AS Net Margin %?

Ulker Biskuvinayi AS IST:ULKER +0.20% 87 Net Margin % is 4.68% as of Mar. 2026, which is 36% below its 10-year median of 7.37. GuruFocus rates IST:ULKER with a GF Score™ of 87/100 and a GF Value™ of ₺126.05 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 1,952 Consumer Packaged Goods companies, Ulker Biskuvinayi AS ranks worse than 51.84% on this metric.

Net margin is calculated as Net Income divided by its Revenue. Ulker Biskuvinayi AS's Net Income for the three months ended in Mar. 2026 was ₺1,586 Mil. Ulker Biskuvinayi AS's Revenue for the three months ended in Mar. 2026 was ₺33,906 Mil. Therefore, Ulker Biskuvinayi AS's net margin for the quarter that ended in Mar. 2026 was 4.68%.

The historical rank and industry rank for Ulker Biskuvinayi AS's Net Margin % or its related term are showing as below:

IST:ULKER' s Net Margin % Range Over the Past 10 Years
Min: -3.7   Med: 7.37   Max: 12.77
Current: 3.23


IST:ULKER's Net Margin % is ranked worse than
51.84% of 1952 companies
in the Consumer Packaged Goods industry
Industry Median: 3.495 vs IST:ULKER: 3.23

Ulker Biskuvinayi AS  (IST:ULKER) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Ulker Biskuvinayi AS Net Margin % Related Terms


Ulker Biskuvinayi AS Net Margin % Historical Data

* Premium members only.

The historical data trend for Ulker Biskuvinayi AS's Net 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.

Ulker Biskuvinayi AS Net Margin % Chart

Ulker Biskuvinayi AS Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -3.70 1.89 6.05 8.80 4.36

Ulker Biskuvinayi AS Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Net 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 8.95 3.13 4.20 0.91 4.68

IST:ULKER vs MDLZ, HSY, TR: Net Margin % Comparison

For the Confectioners subindustry, Ulker Biskuvinayi AS's Net Margin %, along with its competitors' market caps and Net 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.


Ulker Biskuvinayi AS Net Margin % vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Ulker Biskuvinayi AS's Net Margin % distribution charts can be found below:

* The bar in red indicates where Ulker Biskuvinayi AS's Net Margin % falls into.


IST:ULKER
87GF Score
Ulker Biskuvi Sanayi AS IST:ULKER
Net Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Ulker Biskuvinayi AS Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Ulker Biskuvinayi AS's Net Margin for the fiscal year that ended in Dec. 2025 is calculated as

Net Margin=Net Income (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=4874.523/111904.601
=4.36 %

Ulker Biskuvinayi AS's Net Margin for the quarter that ended in Mar. 2026 is calculated as

Net Margin=Net Income (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=1585.688/33906.421
=4.68 %

* 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.

Frequently Asked Questions Learn more about Net Margin % →
What does a Net Margin % of 4.68% mean?
Ulker Biskuvinayi AS (IST:ULKER) has a Net Margin % of 4.68% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on Ulker Biskuvinayi AS and its competitors. This is 36% below median its historical median of 7.37. According to the industry distribution chart, Ulker Biskuvinayi AS ranks #1012 out of 1952 companies in the Consumer Packaged Goods industry, placing it in the top 51.8%.
Is Ulker Biskuvinayi AS's Net Margin % too high?
Ulker Biskuvinayi AS's current Net Margin % of 4.68% is 36% below median its 10-year median of 7.37. The Consumer Packaged Goods industry median Net Margin % is 3.50. Ulker Biskuvinayi AS's value of 4.68% is 33.9% above this industry median. Based on the distribution chart, Ulker Biskuvinayi AS ranks #1012 out of 1952 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, Ulker Biskuvinayi AS has a GF Score™ of 87/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ulker Biskuvinayi AS's Net Margin % compare to MDLZ and HSY?
According to the Consumer Packaged Goods industry distribution chart, Ulker Biskuvinayi AS ranks #1012 out of 1952 companies for Net Margin %. This places Ulker Biskuvinayi AS in the lower half of its industry. The industry median Net Margin % is 3.50. Ulker Biskuvinayi AS's value of 4.68% is 33.9% above this benchmark. While the company's 10-year median is 7.37 vs. the industry median of 3.50, Ulker Biskuvinayi AS 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 Net Margin % for a Consumer Packaged Goods company?
The median Net Margin % among Consumer Packaged Goods companies is 3.50, based on 1,952 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Ulker Biskuvinayi AS's current Net Margin % of 4.68% is 33.9% 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 Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on Ulker Biskuvinayi AS and its competitors. For the Consumer Packaged Goods industry, the median Net Margin % is 3.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ulker Biskuvinayi AS's current Net Margin % is 4.68%, which is 36% below median its own 10-year median of 7.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ulker Biskuvinayi AS stock overvalued right now?
Based on GuruFocus' analysis, Ulker Biskuvinayi AS (IST:ULKER) is currently considered Modestly Undervalued. The stock's GF Value™ is ₺126.05, compared to a current price of ₺102.40 — trading 18.8% below its estimated fair value. The current Net Margin % is 4.68%, which is 36% below median its 10-year median of 7.37 and 33.9% above the Consumer Packaged Goods industry median of 3.50. Ulker Biskuvinayi AS's overall GF Score™ is 87/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For Ulker Biskuvinayi AS (IST:ULKER), the current Net Margin % is 4.68% 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 Ulker Biskuvinayi AS (IST:ULKER) Overvalued in 2026?

Based on GuruFocus' analysis, Ulker Biskuvinayi AS stock appears to be undervalued. The current stock price of ₺102.40 is trading 18.8% below its estimated GF Value™ of ₺126.05. GuruFocus considers Ulker Biskuvinayi AS to be Modestly Undervalued.

Key valuation signals for IST:ULKER:

  • Net Margin %: 4.68% (36% below median its 10-year median of 7.37)
  • GF Value™: ₺126.05 vs. price of ₺102.40 (18.8% below fair value)
  • GF Score™: 87/100 with 7 warning signs
  • Industry Position: 33.9% above the Consumer Packaged Goods median (#1012 of 1952)

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


Ulker Biskuvinayi AS Business Description

Other Exchanges UELKY:USA
Address Kysykly Mah. Ferah Cad. No:1, Buyuk Camlyca, Uskudar, Istanbul, TUR, 34692
Ulker Biskuvi Sanayi AS is engaged in manufacturing marketing, and sale of biscuits, chocolate-coated biscuits, wafers, cakes, and chocolate. The brands of the company include Ulker, Alpella, Albeni, Dido, Laviva, Cocostar, Godiva, Piko, Buklet, and others. Substantially all of the remaining revenue is from cake sales. The company earns majority of its revenue from domestic market.
87GF Score

Get the complete analysis for IST:ULKER

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

₺102.40
Price
₺126.05
GF Value