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Evans ElectricBOM:542668 -6.51%70 Gross Margin % is 66.19% as of Mar. 2026, which is 15% below its 10-year median of 78.29. GuruFocus rates BOM:542668 with a GF Score™ of 70/100 and a GF Value™ of ₹62.10 (Fairly Valued). The stock has 7 warning signs investors should review. Among 3,000 Industrial Products companies, Evans Electric ranks better than 99.37% on this metric.
The historical rank and industry rank for Evans Electric's Gross Margin % or its related term are showing as below:
BOM:542668'
s Gross Margin % Range Over the Past 10 Years
Min: 60.69 Med: 78.29 Max: 90.55
Current: 87.22
During the past 11 years, the highestGross Margin % of Evans Electric was 90.55%. The lowest was 60.69%. And the median was 78.29%.
BOM:542668's Gross Margin % is ranked better than 99.37% of 3000
companies
in the Industrial Products industry
Industry Median: 26.82
vs BOM:542668: 87.22
Evans Electric had a gross margin of 66.19% for the quarter that ended in Mar. 2026 => Durable competitive advantage
The 5-Year average Growth Rate of Gross Margin for Evans Electric was 7.50% per year.
Evans Electric (BOM:542668) 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
Evans Electric had a gross margin of 66.19% 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.
Evans Electric Gross Margin % Related Terms
Evans Electric Gross Margin % Historical Data
* Premium members only.
The historical data trend for Evans Electric'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 Electrical Equipment & Parts subindustry, Evans Electric'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.
Evans Electric Gross Margin % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Evans Electric's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Evans Electric'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.
Evans Electric (BOM:542668) has a Gross Margin % of 66.19% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Evans Electric and its competitors. This is 15% below median its historical median of 78.29. Over the past decade, Evans Electric's Gross Margin % has ranged from 60.69 to 90.55. According to the industry distribution chart, Evans Electric ranks #19 out of 3000 companies in the Industrial Products industry, placing it in the top 0.59999999999999%.
Is Evans Electric's Gross Margin % too high?
Evans Electric's current Gross Margin % of 66.19% is 15% below median its 10-year median of 78.29. Over the past 10 years, this metric has ranged from a low of 60.69 to a high of 90.55. The Industrial Products industry median Gross Margin % is 26.82. Evans Electric's value of 66.19% is 146.8% above this industry median. Based on the distribution chart, Evans Electric ranks #19 out of 3000 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Evans Electric has a GF Score™ of 70/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Evans Electric's Gross Margin % compare to VRT and BE?
According to the Industrial Products industry distribution chart, Evans Electric ranks #19 out of 3000 companies for Gross Margin %. This places Evans Electric in the top 1% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 26.82. Evans Electric's value of 66.19% is 146.8% above this benchmark. Historically, Evans Electric's own Gross Margin % has ranged from 60.69 to 90.55 over the past decade. While the company's 10-year median is 78.29 vs. the industry median of 26.82, Evans Electric 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 Industrial Products company?
The median Gross Margin % among Industrial Products companies is 26.82, based on 3,000 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. Evans Electric's current Gross Margin % of 66.19% is 146.8% 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 Evans Electric and its competitors. For the Industrial Products industry, the median Gross Margin % is 26.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Evans Electric's current Gross Margin % is 66.19%, which is 15% below median its own 10-year median of 78.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Evans Electric stock overvalued right now?
Based on GuruFocus' analysis, Evans Electric (BOM:542668) is currently considered Fairly Valued. The stock's GF Value™ is ₹62.10, compared to a current price of ₹64.51 — trading 3.9% above its estimated fair value. The current Gross Margin % is 66.19%, which is 15% below median its 10-year median of 78.29 and 146.8% above the Industrial Products industry median of 26.82. Evans Electric's overall GF Score™ is 70/100 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 Evans Electric (BOM:542668), the current Gross Margin % is 66.19% 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 Evans Electric (BOM:542668) Overvalued in 2026?
Based on GuruFocus' analysis, Evans Electric stock appears to be overvalued.
The current stock price of ₹64.51 is trading 3.9% above its estimated GF Value™ of ₹62.10.
GuruFocus considers Evans Electric to be Fairly Valued.
Key valuation signals for BOM:542668:
Gross Margin %: 66.19% (15% below median its 10-year median of 78.29)
GF Value™: ₹62.10 vs. price of ₹64.51 (3.9% above fair value)
Industry Position: 146.8% above the Industrial Products median (#19 of 3000)
No single metric tells the full story. See the BOM:542668 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Evans Electric Ltd is engaged in the business of repairing, re-winding, and re-designing small, medium, and large electric motors, generators, and transformers. It offers Power Generator Stators, Power Generator Rotors, Low and High Voltage Electric Motors and Generators, DC Motors and Generators, VFD Driven Motors, and Power and Distribution Transformers. The company derives its revenue only from India.
70GF Score
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