Modern Plant Based FoodsMDRNF Gross Margin % is 18.83% as of Feb. 2026, which is 22% above its 10-year median of 15.46. The stock has 4 warning signs investors should review. Among 1,902 Consumer Packaged Goods companies, Modern Plant Based Foods ranks worse than 64.67% on this metric.
MDRNF's Gross Margin % is ranked worse than 64.67% of 1902
companies
in the Consumer Packaged Goods industry
Industry Median: 26.37
vs MDRNF: 19.83
Modern Plant Based Foods had a gross margin of 18.83% for the quarter that ended in Feb. 2026 => No sustainable competitive advantage
The 5-Year average Growth Rate of Gross Margin for Modern Plant Based Foods was 62.10% per year.
Modern Plant Based Foods (OTCPK:MDRNF) 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
Modern Plant Based Foods had a gross margin of 18.83% for the quarter that ended in Feb. 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.
Modern Plant Based Foods Gross Margin % Related Terms
Modern Plant Based Foods Gross Margin % Historical Data
* 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 Packaged Foods subindustry, Modern Plant Based Foods'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.
Modern Plant Based Foods Gross Margin % vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Modern Plant Based Foods's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Modern Plant Based Foods'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.
Modern Plant Based Foods (MDRNF) has a Gross Margin % of 18.83% as of Feb. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Modern Plant Based Foods and its competitors. This is 22% above median its historical median of 15.46. Over the past decade, Modern Plant Based Foods' Gross Margin % has ranged from 1.22 to 20.60. According to the industry distribution chart, Modern Plant Based Foods ranks #1230 out of 1902 companies in the Consumer Packaged Goods industry, placing it in the top 64.7%.
Is Modern Plant Based Foods' Gross Margin % too high?
Modern Plant Based Foods' current Gross Margin % of 18.83% is 22% above median its 10-year median of 15.46. Over the past 10 years, this metric has ranged from a low of 1.22 to a high of 20.60. The Consumer Packaged Goods industry median Gross Margin % is 26.37. Modern Plant Based Foods' value of 18.83% is 28.6% below this industry median. Based on the distribution chart, Modern Plant Based Foods ranks #1230 out of 1902 companies in the Consumer Packaged Goods industry, which is below the industry midpoint.
How does Modern Plant Based Foods' Gross Margin % compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Modern Plant Based Foods ranks #1230 out of 1902 companies for Gross Margin %. This places Modern Plant Based Foods in the lower half of its industry. The industry median Gross Margin % is 26.37. Modern Plant Based Foods' value of 18.83% is 28.6% below this benchmark. Historically, Modern Plant Based Foods' own Gross Margin % has ranged from 1.22 to 20.60 over the past decade. While the company's 10-year median is 15.46 vs. the industry median of 26.37, Modern Plant Based Foods 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 a Consumer Packaged Goods company?
The median Gross Margin % among Consumer Packaged Goods companies is 26.37, based on 1,902 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. Modern Plant Based Foods's current Gross Margin % of 18.83% is 28.6% 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 Modern Plant Based Foods and its competitors. For the Consumer Packaged Goods industry, the median Gross Margin % is 26.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Modern Plant Based Foods's current Gross Margin % is 18.83%, which is 22% above median its own 10-year median of 15.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Modern Plant Based Foods stock overvalued right now?
Based on GuruFocus' analysis, Modern Plant Based Foods (MDRNF) is currently considered Possible Value Trap. The stock's GF Value™ is $0.08, compared to a current price of $0.05 — trading 34.8% below its estimated fair value. The current Gross Margin % is 18.83%, which is 22% above median its 10-year median of 15.46 and 28.6% below the Consumer Packaged Goods industry median of 26.37. 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 Modern Plant Based Foods (MDRNF), the current Gross Margin % is 18.83% 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.
Modern Plant Based Foods Inc is a Canadian food company engaged in developing and selling plant-based meat alternatives made from plants. It offers a portfolio of plant-based products including meat alternatives, dairy-free cheeses, homemade style soups and vegan snacks. The company's product lineup includes the modern burgers, modern crabcakes, modern meatballs, modern crumbles, and sauces. It offers its products through various retail locations in the British Columbia Lower Mainland, as well as on e-commerce platforms. The company's revenue consists of sales of plant-based and health food products to wholesale and retail customers. Geographically, it derives the maximum revenue from Canada.
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