Detection TechnologyLTS:0CXE 82 Gross Margin % is 45.33% as of Mar. 2026, which is 6% below its 10-year median of 48.21. GuruFocus rates LTS:0CXE with a GF Score™ of 82/100 and a GF Value™ of €20.46. The stock has 8 warning signs investors should review. Among 2,449 Hardware companies, Detection Technology ranks better than 82.44% on this metric.
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
Detection Technology had a gross margin of 45.33% 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.
Detection Technology Gross Margin % Related Terms
Detection Technology Gross Margin % Historical Data
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The historical data trend for Detection Technology'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.
LTS:0CXE vs COHR, KEYS, GRMN: Gross Margin % Comparison
For the Scientific & Technical Instruments subindustry, Detection Technology'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.
Detection Technology Gross Margin % vs Hardware Industry
For the Hardware industry and Technology sector, Detection Technology's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Detection Technology'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.
Detection Technology (LTS:0CXE) has a Gross Margin % of 45.33% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Detection Technology and its competitors. This is near median its historical median of 48.21. Over the past decade, Detection Technology's Gross Margin % has ranged from 44.62 to 51.70. According to the industry distribution chart, Detection Technology ranks #430 out of 2449 companies in the Hardware industry, placing it in the top 17.6%.
Is Detection Technology's Gross Margin % too high?
Detection Technology's current Gross Margin % of 45.33% is near median its 10-year median of 48.21. Over the past 10 years, this metric has ranged from a low of 44.62 to a high of 51.70. The Hardware industry median Gross Margin % is 24.50. Detection Technology's value of 45.33% is 85% above this industry median. Based on the distribution chart, Detection Technology ranks #430 out of 2449 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Detection Technology has a GF Score™ of 82/100, reflecting its overall financial health beyond just this single metric.
How does Detection Technology's Gross Margin % compare to COHR and KEYS?
According to the Hardware industry distribution chart, Detection Technology ranks #430 out of 2449 companies for Gross Margin %. This places Detection Technology in the top 18% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 24.50. Detection Technology's value of 45.33% is 85% above this benchmark. Historically, Detection Technology's own Gross Margin % has ranged from 44.62 to 51.70 over the past decade. While the company's 10-year median is 48.21 vs. the industry median of 24.50, Detection Technology 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 Hardware company?
The median Gross Margin % among Hardware companies is 24.50, based on 2,449 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. Detection Technology's current Gross Margin % of 45.33% is 85% 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 Detection Technology and its competitors. For the Hardware industry, the median Gross Margin % is 24.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Detection Technology's current Gross Margin % is 45.33%, which is near median its own 10-year median of 48.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Detection Technology stock overvalued right now?
Detection Technology (LTS:0CXE) has a current Gross Margin % of 45.33%. The stock's GF Value™ is €20.46, compared to a current price of €11.55 — trading 43.5% below its estimated fair value. The current Gross Margin % is 45.33%, which is near median its 10-year median of 48.21 and 85% above the Hardware industry median of 24.50. Detection Technology's overall GF Score™ is 82/100 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 Detection Technology (LTS:0CXE), the current Gross Margin % is 45.33% 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 Detection Technology (LTS:0CXE) Overvalued in 2026?
Based on GuruFocus' analysis, Detection Technology stock appears to be undervalued.
The current stock price of €11.55 is trading 43.5% below its estimated GF Value™ of €20.46.
Key valuation signals for LTS:0CXE:
Gross Margin %: 45.33% (near median its 10-year median of 48.21)
GF Value™: €20.46 vs. price of €11.55 (43.5% below fair value)
Industry Position: 85% above the Hardware median (#430 of 2449)
No single metric tells the full story. See the LTS:0CXE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Detection Technology PLC is a company engaged in providing X-ray imaging subsystems, components and services for medical, security and industrial applications. The business units of the company are the Medical business unit and Security and Industrial business unit, of which prime revenue is derived from the Security Business Unit. Its security imaging offering includes X-ray imaging subsystems for security applications from baggage, parcel and cargo scanning to personnel screening and computed tomography. The company operates in Finland, APAC, EMEA and Americas.
82GF Score
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