Intercede GroupIRCDF 82 Gross Margin % is 96.53% as of Mar. 2026, which is 1% below its 10-year median of 97.94. GuruFocus rates IRCDF with a GF Score™ of 82/100 and a GF Value™ of $1.85. The stock has 2 warning signs investors should review. Among 2,685 Software companies, Intercede Group ranks better than 97.73% on this metric.
The historical rank and industry rank for Intercede Group's Gross Margin % or its related term are showing as below:
IRCDF'
s Gross Margin % Range Over the Past 10 Years
Min: 95.87 Med: 97.94 Max: 99.88
Current: 95.87
During the past 13 years, the highestGross Margin % of Intercede Group was 99.88%. The lowest was 95.87%. And the median was 97.94%.
IRCDF's Gross Margin % is ranked better than 97.73% of 2685
companies
in the Software industry
Industry Median: 40.45
vs IRCDF: 95.87
Intercede Group had a gross margin of 96.53% for the quarter that ended in Mar. 2026 => Durable competitive advantage
The 5-Year average Growth Rate of Gross Margin for Intercede Group was -0.40% per year.
Intercede Group (OTCPK:IRCDF) 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
Intercede Group had a gross margin of 96.53% 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.
Intercede Group Gross Margin % Related Terms
Intercede Group Gross Margin % Historical Data
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The historical data trend for Intercede Group'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.
IRCDF vs CRM, SHOP, UBER: Gross Margin % Comparison
For the Software - Application subindustry, Intercede Group'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.
Intercede Group Gross Margin % vs Software Industry
For the Software industry and Technology sector, Intercede Group's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Intercede Group'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.
Intercede Group (IRCDF) has a Gross Margin % of 96.53% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Intercede Group and its competitors. This is near median its historical median of 97.94. Over the past decade, Intercede Group's Gross Margin % has ranged from 95.87 to 99.88. According to the industry distribution chart, Intercede Group ranks #61 out of 2685 companies in the Software industry, placing it in the top 2.3%.
Is Intercede Group's Gross Margin % too high?
Intercede Group's current Gross Margin % of 96.53% is near median its 10-year median of 97.94. Over the past 10 years, this metric has ranged from a low of 95.87 to a high of 99.88. The Software industry median Gross Margin % is 40.45. Intercede Group's value of 96.53% is 138.6% above this industry median. Based on the distribution chart, Intercede Group ranks #61 out of 2685 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Intercede Group has a GF Score™ of 82/100, reflecting its overall financial health beyond just this single metric.
How does Intercede Group's Gross Margin % compare to CRM and SHOP?
According to the Software industry distribution chart, Intercede Group ranks #61 out of 2685 companies for Gross Margin %. This places Intercede Group in the top 2% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 40.45. Intercede Group's value of 96.53% is 138.6% above this benchmark. Historically, Intercede Group's own Gross Margin % has ranged from 95.87 to 99.88 over the past decade. While the company's 10-year median is 97.94 vs. the industry median of 40.45, Intercede Group 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 Software company?
The median Gross Margin % among Software companies is 40.45, based on 2,685 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. Intercede Group's current Gross Margin % of 96.53% is 138.6% 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 Intercede Group and its competitors. For the Software industry, the median Gross Margin % is 40.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Intercede Group's current Gross Margin % is 96.53%, which is near median its own 10-year median of 97.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Intercede Group stock overvalued right now?
Intercede Group (IRCDF) has a current Gross Margin % of 96.53%. The stock's GF Value™ is $1.85, compared to a current price of $1.37 — trading 25.9% below its estimated fair value. The current Gross Margin % is 96.53%, which is near median its 10-year median of 97.94 and 138.6% above the Software industry median of 40.45. Intercede Group's overall GF Score™ is 82/100 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 Intercede Group (IRCDF), the current Gross Margin % is 96.53% 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 Intercede Group (IRCDF) Overvalued in 2026?
Based on GuruFocus' analysis, Intercede Group stock appears to be undervalued.
The current stock price of $1.37 is trading 25.9% below its estimated GF Value™ of $1.85.
Key valuation signals for IRCDF:
Gross Margin %: 96.53% (near median its 10-year median of 97.94)
GF Value™: $1.85 vs. price of $1.37 (25.9% below fair value)
Industry Position: 138.6% above the Software median (#61 of 2685)
No single metric tells the full story. See the IRCDF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Intercede Group PLC is an independent developer and supplier of identity and credential management software. Its product portfolio includes MyID, an identity, and credential management system, RapID is the password killer for killer apps, and MyTAM enables Android app developers and service providers to deploy trusted applications to the trusted execution environment simply and cost-effectively. The company serves a diverse range of markets including governments, enterprises, app developers, and service providers. It has operational footprints across the United Kingdom, the Rest of Europe, the Americas, and the Rest of the world. The majority of its revenue is derived from the Americas.
82GF Score
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