Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Ebang International HoldingsEBON +3.48%48 Gross Margin % is 18.53% as of Jun. 2026, which is 171% above its 10-year median of 6.85. GuruFocus rates EBON with a GF Score™ of 48/100 and a GF Value™ of $4.05 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 2,455 Hardware companies, Ebang International Holdings ranks worse than 92.1% on this metric.
Ebang International Holdings (NAS:EBON) 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
Ebang International Holdings had a gross margin of 18.53% for the quarter that ended in Jun. 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.
Ebang International Holdings Gross Margin % Related Terms
Ebang International Holdings Gross Margin % Historical Data
* 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.
EBON vs BTCT, SCKT, AGMH: Gross Margin % Comparison
For the Computer Hardware subindustry, Ebang International Holdings'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.
Ebang International Holdings Gross Margin % vs Hardware Industry
For the Hardware industry and Technology sector, Ebang International Holdings's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Ebang International Holdings'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.
Ebang International Holdings (EBON) has a Gross Margin % of 18.53% as of Jun. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Ebang International Holdings and its competitors. This is 171% above median its historical median of 6.85. According to the industry distribution chart, Ebang International Holdings ranks #2261 out of 2455 companies in the Hardware industry, placing it in the top 92.1%.
Is Ebang International Holdings' Gross Margin % too high?
Ebang International Holdings' current Gross Margin % of 18.53% is 171% above median its 10-year median of 6.85. The Hardware industry median Gross Margin % is 24.66. Ebang International Holdings' value of 18.53% is 24.9% below this industry median. Based on the distribution chart, Ebang International Holdings ranks #2261 out of 2455 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Ebang International Holdings 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 Ebang International Holdings' Gross Margin % compare to BTCT and SCKT?
According to the Hardware industry distribution chart, Ebang International Holdings ranks #2261 out of 2455 companies for Gross Margin %. This places Ebang International Holdings in the lower half of its industry. The industry median Gross Margin % is 24.66. Ebang International Holdings' value of 18.53% is 24.9% below this benchmark. While the company's 10-year median is 6.85 vs. the industry median of 24.66, Ebang International Holdings 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 Hardware company?
The median Gross Margin % among Hardware companies is 24.66, based on 2,455 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. Ebang International Holdings's current Gross Margin % of 18.53% is 24.9% 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 Ebang International Holdings and its competitors. For the Hardware industry, the median Gross Margin % is 24.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ebang International Holdings's current Gross Margin % is 18.53%, which is 171% above median its own 10-year median of 6.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ebang International Holdings stock overvalued right now?
Based on GuruFocus' analysis, Ebang International Holdings (EBON) is currently considered Possible Value Trap. The stock's GF Value™ is $4.05, compared to a current price of $2.08 — trading 48.6% below its estimated fair value. The current Gross Margin % is 18.53%, which is 171% above median its 10-year median of 6.85 and 24.9% below the Hardware industry median of 24.66. Ebang International Holdings' 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 Ebang International Holdings (EBON), the current Gross Margin % is 18.53% as of Jun. 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 Ebang International Holdings (EBON) Overvalued in 2026?
Based on GuruFocus' analysis, Ebang International Holdings stock appears to be undervalued.
The current stock price of $2.08 is trading 48.6% below its estimated GF Value™ of $4.05.
GuruFocus considers Ebang International Holdings to be Possible Value Trap.
Key valuation signals for EBON:
Gross Margin %: 18.53% (171% above median its 10-year median of 6.85)
GF Value™: $4.05 vs. price of $2.08 (48.6% below fair value)
Industry Position: 24.9% below the Hardware median (#2261 of 2455)
No single metric tells the full story. See the EBON stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ebang International Holdings Inc is engaged in blockchain technology and fintech, with activities also extending to the solar industry, supported by its application-specific integrated circuit (ASIC) chip designs. The Company's business mainly includes the sale of bitcoin mining machines and related accessories, telecommunication products, solar and battery storage products, cryptocurrency exchange services, cross-border payment and foreign exchange services, SaaS data visualization and analytics solutions, and rental services. It generates the majority of its revenue from cross-border payment and foreign exchange services, with its operations mainly in mainland China and Australia, which contribute the maximum revenue.
48GF Score
Get the complete analysis for EBON
Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
EBON has been successfully added to your 
