enX GroupJSE:ENX 38 Gross Margin % is 30.39% as of Feb. 2026, which is 10% above its 10-year median of 27.69. GuruFocus rates JSE:ENX with a GF Score™ of 38/100 and a GF Value™ of R0.68 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 2,996 Industrial Products companies, enX Group ranks worse than 65.52% on this metric.
Gross Margin % is calculated as gross profit divided by its revenue. enX Group's Gross Profit for the
six
months ended in Feb. 2026 was R37.0 Mil. enX Group's Revenue for the
six
months ended in Feb. 2026 was R121.8 Mil. Therefore, enX Group's Gross Margin % for the quarter that ended in Feb. 2026 was 30.39%.
Warning Sign:
enX Group Ltd gross margin has been in long-term decline. The average rate of decline per year is -8%.
The historical rank and industry rank for enX Group's Gross Margin % or its related term are showing as below:
JSE:ENX'
s Gross Margin % Range Over the Past 10 Years
Min: 11.54 Med: 27.69 Max: 74.74
Current: 21.31
During the past 13 years, the highestGross Margin % of enX Group was 74.74%. The lowest was 11.54%. And the median was 27.69%.
JSE:ENX's Gross Margin % is ranked worse than 65.52% of 2996
companies
in the Industrial Products industry
Industry Median: 26.8
vs JSE:ENX: 21.31
enX Group had a gross margin of 30.39% for the quarter that ended in Feb. 2026 => Competition eroding margins
The 5-Year average Growth Rate of Gross Margin for enX Group was -8.00% per year.
enX Group (JSE:ENX) 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
enX Group had a gross margin of 30.39% for the quarter that ended in Feb. 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.
enX Group Gross Margin % Related Terms
enX Group Gross Margin % Historical Data
* Premium members only.
The historical data trend for enX 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.
JSE:ENX vs GEV, ETN, PH: Gross Margin % Comparison
For the Specialty Industrial Machinery subindustry, enX 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.
enX Group Gross Margin % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, enX Group's Gross Margin % distribution charts can be found below:
* The bar in red indicates where enX 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.
enX Group (JSE:ENX) has a Gross Margin % of 30.39% as of Feb. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on enX Group and its competitors. This is 10% above median its historical median of 27.69. Over the past decade, enX Group's Gross Margin % has ranged from 11.54 to 74.74. According to the industry distribution chart, enX Group ranks #1963 out of 2996 companies in the Industrial Products industry, placing it in the top 65.5%.
Is enX Group's Gross Margin % too high?
enX Group's current Gross Margin % of 30.39% is 10% above median its 10-year median of 27.69. Over the past 10 years, this metric has ranged from a low of 11.54 to a high of 74.74. The Industrial Products industry median Gross Margin % is 26.80. enX Group's value of 30.39% is 13.4% above this industry median. Based on the distribution chart, enX Group ranks #1963 out of 2996 companies in the Industrial Products industry, which is below the industry midpoint. Overall, enX Group has a GF Score™ of 38/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does enX Group's Gross Margin % compare to GEV and ETN?
According to the Industrial Products industry distribution chart, enX Group ranks #1963 out of 2996 companies for Gross Margin %. This places enX Group in the lower half of its industry. The industry median Gross Margin % is 26.80. enX Group's value of 30.39% is 13.4% above this benchmark. Historically, enX Group's own Gross Margin % has ranged from 11.54 to 74.74 over the past decade. While the company's 10-year median is 27.69 vs. the industry median of 26.80, enX 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 an Industrial Products company?
The median Gross Margin % among Industrial Products companies is 26.80, based on 2,996 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. enX Group's current Gross Margin % of 30.39% is 13.4% 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 enX Group and its competitors. For the Industrial Products industry, the median Gross Margin % is 26.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. enX Group's current Gross Margin % is 30.39%, which is 10% above median its own 10-year median of 27.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is enX Group stock overvalued right now?
Based on GuruFocus' analysis, enX Group (JSE:ENX) is currently considered Significantly Overvalued. The stock's GF Value™ is R0.68, compared to a current price of R2.20 — trading 223.5% above its estimated fair value. The current Gross Margin % is 30.39%, which is 10% above median its 10-year median of 27.69 and 13.4% above the Industrial Products industry median of 26.80. enX Group's overall GF Score™ is 38/100 with 8 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 enX Group (JSE:ENX), the current Gross Margin % is 30.39% as of Feb. 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 enX Group (JSE:ENX) Overvalued in 2026?
Based on GuruFocus' analysis, enX Group stock appears to be overvalued.
The current stock price of R2.20 is trading 223.5% above its estimated GF Value™ of R0.68.
GuruFocus considers enX Group to be Significantly Overvalued.
Key valuation signals for JSE:ENX:
Gross Margin %: 30.39% (10% above median its 10-year median of 27.69)
GF Value™: R0.68 vs. price of R2.20 (223.5% above fair value)
Industry Position: 13.4% above the Industrial Products median (#1963 of 2996)
No single metric tells the full story. See the JSE:ENX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
enX Group Ltd is engaged in the manufacture and distribution of quality branded power equipment and the distribution of chemical products. The Company operates through the enX Power (Power) segment, which includes New Way Power, and designs, manufactures, installs, rents and maintains diesel generators, and distributes a range of industrial engines. It also offers cleaner power through solar hybrid and grid alternatives. The Company operates mainly in South Africa.
38GF Score
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