Bell EquipmentBLLQF 49 Gross Margin % is 22.46% as of Dec. 2025, which is 14% above its 10-year median of 19.74. GuruFocus rates BLLQF with a GF Score™ of 49/100 and a GF Value™ of $2.09 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 210 Farm & Heavy Construction Machinery companies, Bell Equipment ranks worse than 64.76% on this metric.
The historical rank and industry rank for Bell Equipment's Gross Margin % or its related term are showing as below:
BLLQF'
s Gross Margin % Range Over the Past 10 Years
Min: 18.44 Med: 19.74 Max: 23.29
Current: 22.18
During the past 13 years, the highestGross Margin % of Bell Equipment was 23.29%. The lowest was 18.44%. And the median was 19.74%.
BLLQF's Gross Margin % is ranked worse than 64.76% of 210
companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 25.595
vs BLLQF: 22.18
Bell Equipment had a gross margin of 22.46% for the quarter that ended in Dec. 2025 => Competition eroding margins
The 5-Year average Growth Rate of Gross Margin for Bell Equipment was 3.50% per year.
Bell Equipment (OTCPK:BLLQF) 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
Bell Equipment had a gross margin of 22.46% for the quarter that ended in Dec. 2025 => Competition eroding margins
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.
Bell Equipment Gross Margin % Related Terms
Bell Equipment Gross Margin % Historical Data
* Premium members only.
The historical data trend for Bell Equipment'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 Farm & Heavy Construction Machinery subindustry, Bell Equipment'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.
Bell Equipment Gross Margin % vs Farm & Heavy Construction Machinery Industry
For the Farm & Heavy Construction Machinery industry and Industrials sector, Bell Equipment's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Bell Equipment'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.
Bell Equipment (BLLQF) has a Gross Margin % of 22.46% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Bell Equipment and its competitors. This is 14% above median its historical median of 19.74. Over the past decade, Bell Equipment's Gross Margin % has ranged from 18.44 to 23.29. According to the industry distribution chart, Bell Equipment ranks #136 out of 210 companies in the Farm & Heavy Construction Machinery industry, placing it in the top 64.8%.
Is Bell Equipment's Gross Margin % too high?
Bell Equipment's current Gross Margin % of 22.46% is 14% above median its 10-year median of 19.74. Over the past 10 years, this metric has ranged from a low of 18.44 to a high of 23.29. The Farm & Heavy Construction Machinery industry median Gross Margin % is 25.60. Bell Equipment's value of 22.46% is 12.2% below this industry median. Based on the distribution chart, Bell Equipment ranks #136 out of 210 companies in the Farm & Heavy Construction Machinery industry, which is below the industry midpoint. Overall, Bell Equipment has a GF Score™ of 49/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Bell Equipment's Gross Margin % compare to CAT and DE?
According to the Farm & Heavy Construction Machinery industry distribution chart, Bell Equipment ranks #136 out of 210 companies for Gross Margin %. This places Bell Equipment in the lower half of its industry. The industry median Gross Margin % is 25.60. Bell Equipment's value of 22.46% is 12.2% below this benchmark. Historically, Bell Equipment's own Gross Margin % has ranged from 18.44 to 23.29 over the past decade. While the company's 10-year median is 19.74 vs. the industry median of 25.60, Bell Equipment 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 Farm & Heavy Construction Machinery company?
The median Gross Margin % among Farm & Heavy Construction Machinery companies is 25.60, based on 210 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. Bell Equipment's current Gross Margin % of 22.46% is 12.2% 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 Bell Equipment and its competitors. For the Farm & Heavy Construction Machinery industry, the median Gross Margin % is 25.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bell Equipment's current Gross Margin % is 22.46%, which is 14% above median its own 10-year median of 19.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bell Equipment stock overvalued right now?
Based on GuruFocus' analysis, Bell Equipment (BLLQF) is currently considered Significantly Overvalued. The stock's GF Value™ is $2.09, compared to a current price of $2.30 — trading 10% above its estimated fair value. The current Gross Margin % is 22.46%, which is 14% above median its 10-year median of 19.74 and 12.2% below the Farm & Heavy Construction Machinery industry median of 25.60. Bell Equipment's overall GF Score™ is 49/100 with 3 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 Bell Equipment (BLLQF), the current Gross Margin % is 22.46% as of Dec. 2025. 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 Bell Equipment (BLLQF) Overvalued in 2026?
Based on GuruFocus' analysis, Bell Equipment stock appears to be overvalued.
The current stock price of $2.30 is trading 10% above its estimated GF Value™ of $2.09.
GuruFocus considers Bell Equipment to be Significantly Overvalued.
Key valuation signals for BLLQF:
Gross Margin %: 22.46% (14% above median its 10-year median of 19.74)
GF Value™: $2.09 vs. price of $2.30 (10% above fair value)
Industry Position: 12.2% below the Farm & Heavy Construction Machinery median (#136 of 210)
No single metric tells the full story. See the BLLQF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Bell Equipment Ltd designs and manufactures a wide Collection of products. This includes a complete range of Bell forestry and agriculture products. It seeks to develop and support local suppliers and invests in outreach initiatives with a focus on education, training, and development both internally and externally. It conducts two main business operations Manufacturing, assembly, logistics and dealer sales operations which is OEM operations comprising manufacturing, assembly and sales of equipment and aftermarket products to independent dealers for their distribution to market; and Direct Sales operations which is owned distribution operations for direct sales of own manufactured products, other third party products and the supply of aftermarket support and products to market.
49GF Score
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