Fine-Line CircuitsBOM:517264 -4.67%53 Gross Margin % is 36.30% as of Mar. 2026, which is 12% above its 10-year median of 32.45. GuruFocus rates BOM:517264 with a GF Score™ of 53/100 and a GF Value™ of ₹94.50 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 2,450 Hardware companies, Fine-Line Circuits ranks better than 71.43% 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
Fine-Line Circuits had a gross margin of 36.30% for the quarter that ended in Mar. 2026 => 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.
Fine-Line Circuits Gross Margin % Related Terms
Fine-Line Circuits Gross Margin % Historical Data
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The historical data trend for Fine-Line Circuits'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.
BOM:517264 vs APH, GLW, TEL: Gross Margin % Comparison
For the Electronic Components subindustry, Fine-Line Circuits'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.
Fine-Line Circuits Gross Margin % vs Hardware Industry
For the Hardware industry and Technology sector, Fine-Line Circuits's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Fine-Line Circuits'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.
Fine-Line Circuits (BOM:517264) has a Gross Margin % of 36.30% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Fine-Line Circuits and its competitors. This is 12% above median its historical median of 32.45. Over the past decade, Fine-Line Circuits' Gross Margin % has ranged from 28.51 to 38.92. According to the industry distribution chart, Fine-Line Circuits ranks #700 out of 2450 companies in the Hardware industry, placing it in the top 28.6%.
Is Fine-Line Circuits' Gross Margin % too high?
Fine-Line Circuits' current Gross Margin % of 36.30% is 12% above median its 10-year median of 32.45. Over the past 10 years, this metric has ranged from a low of 28.51 to a high of 38.92. The Hardware industry median Gross Margin % is 24.53. Fine-Line Circuits' value of 36.30% is 48% above this industry median. Based on the distribution chart, Fine-Line Circuits ranks #700 out of 2450 companies in the Hardware industry, which is above the industry midpoint. Overall, Fine-Line Circuits has a GF Score™ of 53/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Fine-Line Circuits' Gross Margin % compare to APH and GLW?
According to the Hardware industry distribution chart, Fine-Line Circuits ranks #700 out of 2450 companies for Gross Margin %. This puts Fine-Line Circuits in the upper half of its industry. The industry median Gross Margin % is 24.53. Fine-Line Circuits' value of 36.30% is 48% above this benchmark. Historically, Fine-Line Circuits' own Gross Margin % has ranged from 28.51 to 38.92 over the past decade. While the company's 10-year median is 32.45 vs. the industry median of 24.53, Fine-Line Circuits 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 Hardware company?
The median Gross Margin % among Hardware companies is 24.53, based on 2,450 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. Fine-Line Circuits's current Gross Margin % of 36.30% is 48% 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 Fine-Line Circuits and its competitors. For the Hardware industry, the median Gross Margin % is 24.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fine-Line Circuits's current Gross Margin % is 36.30%, which is 12% above median its own 10-year median of 32.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fine-Line Circuits stock overvalued right now?
Based on GuruFocus' analysis, Fine-Line Circuits (BOM:517264) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹94.50, compared to a current price of ₹62.06 — trading 34.3% below its estimated fair value. The current Gross Margin % is 36.30%, which is 12% above median its 10-year median of 32.45 and 48% above the Hardware industry median of 24.53. Fine-Line Circuits' overall GF Score™ is 53/100 with 2 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 Fine-Line Circuits (BOM:517264), the current Gross Margin % is 36.30% 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 Fine-Line Circuits (BOM:517264) Overvalued in 2026?
Based on GuruFocus' analysis, Fine-Line Circuits stock appears to be undervalued.
The current stock price of ₹62.06 is trading 34.3% below its estimated GF Value™ of ₹94.50.
GuruFocus considers Fine-Line Circuits to be Significantly Undervalued.
Key valuation signals for BOM:517264:
Gross Margin %: 36.30% (12% above median its 10-year median of 32.45)
GF Value™: ₹94.50 vs. price of ₹62.06 (34.3% below fair value)
Industry Position: 48% above the Hardware median (#700 of 2450)
No single metric tells the full story. See the BOM:517264 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Fine-Line Circuits Ltd is engaged in the production and distribution of electrical components and related products. The company's product portfolio includes products like Printed circuit boards (PCBs) which also contribute maximum revenue. Its products comprise High-frequency microwave PCBs, Multilayer PCBs, High copper PCBs, Backplane PCBs, and Impedance-controlled PCBs. Geographically company generates revenue from the sale of PCBs from both India as well as exports outside India.
53GF Score
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