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ModecMDIKY -34.49%58 Gross Margin % is 13.44% as of Mar. 2026, which is 64% above its 10-year median of 8.19. GuruFocus rates MDIKY with a GF Score™ of 58/100 and a GF Value™ of $36.70. The stock has 2 warning signs investors should review. Among 869 Oil & Gas companies, Modec ranks worse than 72.73% on this metric.
Gross Margin % is calculated as gross profit divided by its revenue. Modec's Gross Profit for the
three
months ended in Mar. 2026 was $145 Mil. Modec's Revenue for the
three
months ended in Mar. 2026 was $1,077 Mil. Therefore, Modec's Gross Margin % for the quarter that ended in Mar. 2026 was 13.44%.
The historical rank and industry rank for Modec's Gross Margin % or its related term are showing as below:
MDIKY'
s Gross Margin % Range Over the Past 10 Years
Min: -5.78 Med: 8.19 Max: 13.72
Current: 12.94
During the past 13 years, the highestGross Margin % of Modec was 13.72%. The lowest was -5.78%. And the median was 8.19%.
MDIKY's Gross Margin % is ranked worse than 72.73% of 869
companies
in the Oil & Gas industry
Industry Median: 25.78
vs MDIKY: 12.94
Modec had a gross margin of 13.44% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage
The 5-Year average Growth Rate of Gross Margin for Modec was 0.00% per year.
Modec (OTCPK:MDIKY) 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
Modec had a gross margin of 13.44% for the quarter that ended in Mar. 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.
Modec Gross Margin % Related Terms
Modec Gross Margin % Historical Data
* Premium members only.
The historical data trend for Modec'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 Oil & Gas Equipment & Services subindustry, Modec'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.
Modec Gross Margin % vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Modec's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Modec'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.
Modec (MDIKY) has a Gross Margin % of 13.44% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Modec and its competitors. This is 64% above median its historical median of 8.19. According to the industry distribution chart, Modec ranks #632 out of 869 companies in the Oil & Gas industry, placing it in the top 72.7%.
Is Modec's Gross Margin % too high?
Modec's current Gross Margin % of 13.44% is 64% above median its 10-year median of 8.19. The Oil & Gas industry median Gross Margin % is 25.78. Modec's value of 13.44% is 47.9% below this industry median. Based on the distribution chart, Modec ranks #632 out of 869 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Modec has a GF Score™ of 58/100, reflecting its overall financial health beyond just this single metric.
How does Modec's Gross Margin % compare to SLB and BKR?
According to the Oil & Gas industry distribution chart, Modec ranks #632 out of 869 companies for Gross Margin %. This places Modec in the lower half of its industry. The industry median Gross Margin % is 25.78. Modec's value of 13.44% is 47.9% below this benchmark. While the company's 10-year median is 8.19 vs. the industry median of 25.78, Modec 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 an Oil & Gas company?
The median Gross Margin % among Oil & Gas companies is 25.78, based on 869 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. Modec's current Gross Margin % of 13.44% is 47.9% 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 Modec and its competitors. For the Oil & Gas industry, the median Gross Margin % is 25.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Modec's current Gross Margin % is 13.44%, which is 64% above median its own 10-year median of 8.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Modec stock overvalued right now?
Modec (MDIKY) has a current Gross Margin % of 13.44%. The stock's GF Value™ is $36.70, compared to a current price of $61.38 — trading 67.3% above its estimated fair value. The current Gross Margin % is 13.44%, which is 64% above median its 10-year median of 8.19 and 47.9% below the Oil & Gas industry median of 25.78. Modec's overall GF Score™ is 58/100 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 Modec (MDIKY), the current Gross Margin % is 13.44% 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 Modec (MDIKY) Overvalued in 2026?
Based on GuruFocus' analysis, Modec stock appears to be overvalued.
The current stock price of $61.38 is trading 67.3% above its estimated GF Value™ of $36.70.
Key valuation signals for MDIKY:
Gross Margin %: 13.44% (64% above median its 10-year median of 8.19)
GF Value™: $36.70 vs. price of $61.38 (67.3% above fair value)
Industry Position: 47.9% below the Oil & Gas median (#632 of 869)
No single metric tells the full story. See the MDIKY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Modec Inc operates as a general contractor with specialization in engineering, procurement, construction, and installation of floating production systems. It offers floating production storage and offloading vessels, floating storage and offloading vessels, tension leg platforms, semisubmersibles, and mobile offshore production units. The company also offers operation of its production systems and maintenance services across the globe. Although Modec services offshore markets worldwide, the majority of revenue is derived from Brazilian markets. Modec's vessels are designed to retrieve fluids and gases from reservoirs ranging from subsea to deepwater.
58GF Score
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