LeclancheLECNF 32 Gross Margin % is 8.35% as of Jun. 2025. GuruFocus rates LECNF with a GF Score™ of 32/100 and a GF Value™ of $2.61. The stock has 5 warning signs investors should review. Among 2,993 Industrial Products companies, Leclanche ranks worse than 97.49% on this metric.
Gross Margin % is calculated as gross profit divided by its revenue. Leclanche's Gross Profit for the
six
months ended in Jun. 2025 was $0.76 Mil. Leclanche's Revenue for the
six
months ended in Jun. 2025 was $9.05 Mil. Therefore, Leclanche's Gross Margin % for the quarter that ended in Jun. 2025 was 8.35%.
The historical rank and industry rank for Leclanche's Gross Margin % or its related term are showing as below:
LECNF'
s Gross Margin % Range Over the Past 10 Years
Min: -101.27 Med: -2.81 Max: 13.94
Current: -1.64
During the past 13 years, the highestGross Margin % of Leclanche was 13.94%. The lowest was -101.27%. And the median was -2.81%.
LECNF's Gross Margin % is ranked worse than 97.49% of 2993
companies
in the Industrial Products industry
Industry Median: 26.83
vs LECNF: -1.64
Leclanche had a gross margin of 8.35% for the quarter that ended in Jun. 2025 => No sustainable competitive advantage
The 5-Year average Growth Rate of Gross Margin for Leclanche was 0.00% per year.
Leclanche (GREY:LECNF) 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
Leclanche had a gross margin of 8.35% for the quarter that ended in Jun. 2025 => 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.
Leclanche Gross Margin % Related Terms
Leclanche Gross Margin % Historical Data
* Premium members only.
The historical data trend for Leclanche'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, Leclanche'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.
Leclanche Gross Margin % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Leclanche's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Leclanche'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.
Leclanche (LECNF) has a Gross Margin % of 8.35% as of Jun. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Leclanche and its competitors. According to the industry distribution chart, Leclanche ranks #2918 out of 2993 companies in the Industrial Products industry, placing it in the top 97.5%.
Is Leclanche's Gross Margin % too high?
Leclanche's current Gross Margin % is 8.35%. The Industrial Products industry median Gross Margin % is 26.83. Leclanche's value of 8.35% is 68.9% below this industry median. Based on the distribution chart, Leclanche ranks #2918 out of 2993 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Leclanche has a GF Score™ of 32/100, reflecting its overall financial health beyond just this single metric.
How does Leclanche's Gross Margin % compare to VRT and BE?
According to the Industrial Products industry distribution chart, Leclanche ranks #2918 out of 2993 companies for Gross Margin %. This places Leclanche in the lower half of its industry. The industry median Gross Margin % is 26.83. Leclanche's value of 8.35% is 68.9% below this benchmark. 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 26.83, based on 2,993 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. Leclanche's current Gross Margin % of 8.35% is 68.9% 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 Leclanche and its competitors. For the Industrial Products industry, the median Gross Margin % is 26.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Leclanche's current Gross Margin % is 8.35%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Leclanche stock overvalued right now?
Leclanche (LECNF) has a current Gross Margin % of 8.35%. The stock's GF Value™ is $2.61, compared to a current price of $1.05 — trading 59.8% below its estimated fair value. The current Gross Margin % is 8.35% and 68.9% below the Industrial Products industry median of 26.83. Leclanche's overall GF Score™ is 32/100 with 5 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 Leclanche (LECNF), the current Gross Margin % is 8.35% as of Jun. 2025. 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 Leclanche (LECNF) Overvalued in 2026?
Based on GuruFocus' analysis, Leclanche stock appears to be undervalued.
The current stock price of $1.05 is trading 59.8% below its estimated GF Value™ of $2.61.
Key valuation signals for LECNF:
Gross Margin %: 8.35%
GF Value™: $2.61 vs. price of $1.05 (59.8% below fair value)
Industry Position: 68.9% below the Industrial Products median (#2918 of 2993)
No single metric tells the full story. See the LECNF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Leclanche SA is a Switzerland-based company. It operates through three segments. Stationery Business, which is the key revenue driver, sells customized systems to both electricity generation markets and transmission and distribution markets. E-Mobility Business Unisells customized systems in mass marine, road, and rail transportation. Specialty Battery Business develops and delivers both turn-key customized solutions and off-the-shelf solutions incorporating battery storage and/or charging solutions utilizing both in-house and third-party technologies for civil, military, medical, and industrial machinery markets. Geographically, it exports its products to the Netherlands, Canada, the USA, Switzerland, Norway, Netherlands, Canada, France, Germany, and others.
32GF Score
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