BRCNF (Burcon NutraScience) Gross Margin %: -322.26% (As of Mar. 2026)


BRCNF Burcon NutraScience Corp BRCNF
48 GF Score
Price $1.36
GF Value $5.35
Valuation Possible Value Trap
! 3 Warning Signs
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What is Burcon NutraScience Gross Margin %?

Burcon NutraScience BRCNF -16.05% 48 Gross Margin % is -322.26% as of Mar. 2026. GuruFocus rates BRCNF with a GF Score™ of 48/100 and a GF Value™ of $5.35 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 1,902 Consumer Packaged Goods companies, Burcon NutraScience ranks worse than 99.95% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Burcon NutraScience's Gross Profit for the three months ended in Mar. 2026 was $-1.94 Mil. Burcon NutraScience's Revenue for the three months ended in Mar. 2026 was $0.60 Mil. Therefore, Burcon NutraScience's Gross Margin % for the quarter that ended in Mar. 2026 was -322.26%.


The historical rank and industry rank for Burcon NutraScience's Gross Margin % or its related term are showing as below:

BRCNF' s Gross Margin % Range Over the Past 10 Years
Min: -359.55   Med: -228.61   Max: -228.61
Current: -359.55


During the past 13 years, the highest Gross Margin % of Burcon NutraScience was -228.61%. The lowest was -359.55%. And the median was -228.61%.

BRCNF's Gross Margin % is ranked worse than
99.95% of 1902 companies
in the Consumer Packaged Goods industry
Industry Median: 26.37 vs BRCNF: -359.55

Burcon NutraScience had a gross margin of -322.26% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Burcon NutraScience was 0.00% per year.


Burcon NutraScience  (OTCPK:BRCNF) 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

Burcon NutraScience had a gross margin of -322.26% for the quarter that ended in Mar. 2026 => No sustainable 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.


Burcon NutraScience Gross Margin % Related Terms


Burcon NutraScience Gross Margin % Historical Data

* Premium members only.

The historical data trend for Burcon NutraScience'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.

Burcon NutraScience Gross Margin % Chart

Burcon NutraScience Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 -229.06 -328.35

Burcon NutraScience Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Gross 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 -1,276.67 -419.60 -489.92 -215.49 -322.26

BRCNF vs KHC, GIS: Gross Margin % Comparison

For the Packaged Foods subindustry, Burcon NutraScience'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.


Burcon NutraScience Gross Margin % vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Burcon NutraScience's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Burcon NutraScience's Gross Margin % falls into.


BRCNF
48GF Score
Burcon NutraScience Corp BRCNF
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Burcon NutraScience Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Burcon NutraScience's Gross Margin for the fiscal year that ended in Mar. 2026 is calculated as

Gross Margin % (A: Mar. 2026 )=Gross Profit (A: Mar. 2026 ) / Revenue (A: Mar. 2026 )
=-5.4 / 1.651
=(Revenue - Cost of Goods Sold) / Revenue
=(1.651 - 7.072) / 1.651
=-328.35 %

Burcon NutraScience's Gross Margin for the quarter that ended in Mar. 2026 is calculated as


Gross Margin % (Q: Mar. 2026 )=Gross Profit (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=-1.9 / 0.602
=(Revenue - Cost of Goods Sold) / Revenue
=(0.602 - 2.542) / 0.602
=-322.26 %

* 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.

Frequently Asked Questions Learn more about Gross Margin % →
What does a Gross Margin % of -322.26% mean?
Burcon NutraScience (BRCNF) has a Gross Margin % of -322.26% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Burcon NutraScience and its competitors. According to the industry distribution chart, Burcon NutraScience ranks #1901 out of 1902 companies in the Consumer Packaged Goods industry, placing it in the top 99.9%.
Is Burcon NutraScience's Gross Margin % too high?
Burcon NutraScience's current Gross Margin % is -322.26%. Based on the distribution chart, Burcon NutraScience ranks #1901 out of 1902 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers. Overall, Burcon NutraScience has a GF Score™ of 48/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Burcon NutraScience's Gross Margin % compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Burcon NutraScience ranks #1901 out of 1902 companies for Gross Margin %. This places Burcon NutraScience in the lower half of its industry. The industry median Gross Margin % is 26.37. 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 Consumer Packaged Goods company?
The median Gross Margin % among Consumer Packaged Goods companies is 26.37, based on 1,902 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. 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 Burcon NutraScience and its competitors. For the Consumer Packaged Goods industry, the median Gross Margin % is 26.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Burcon NutraScience's current Gross Margin % is -322.26%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Burcon NutraScience stock overvalued right now?
Based on GuruFocus' analysis, Burcon NutraScience (BRCNF) is currently considered Possible Value Trap. The stock's GF Value™ is $5.35, compared to a current price of $1.36 — trading 74.6% below its estimated fair value. The current Gross Margin % is -322.26%. Burcon NutraScience's overall GF Score™ is 48/100 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 Burcon NutraScience (BRCNF), the current Gross Margin % is -322.26% 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 Burcon NutraScience (BRCNF) Overvalued in 2026?

Based on GuruFocus' analysis, Burcon NutraScience stock appears to be undervalued. The current stock price of $1.36 is trading 74.6% below its estimated GF Value™ of $5.35. GuruFocus considers Burcon NutraScience to be Possible Value Trap.

Key valuation signals for BRCNF:

  • Gross Margin %: -322.26%
  • GF Value™: $5.35 vs. price of $1.36 (74.6% below fair value)
  • GF Score™: 48/100 with 3 warning signs

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


Burcon NutraScience Business Description

Other Exchanges BNE0:GermanyBU:Canada
Address 1946 West Broadway, Vancouver, BC, CAN, V6J 1Z2
Burcon NutraScience Corp is a technology company in the development of plant-based proteins. With several issued patent applications, that have been developed, Burcon has grown a portfolio of composition, application, and process patents covering novel plant-based proteins derived from pea, canola, soy, hemp, sunflower seed, and more. Its joint venture Merit Foods is building a protein production facility in Manitoba, Canada, where it will produce, under license, Burcon's novel pea and canola protein ingredients.
48GF Score

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

$1.36
Price
$5.35
GF Value