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M-Tron IndustriesMPTI -0.87%76 Gross Margin % is 44.90% as of Mar. 2026, which is 18% above its 10-year median of 38.18. GuruFocus rates MPTI with a GF Score™ of 76/100 and a GF Value™ of $41.40 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 2,452 Hardware companies, M-Tron Industries ranks better than 82.83% 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
M-Tron Industries had a gross margin of 44.90% 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.
M-Tron Industries Gross Margin % Related Terms
M-Tron Industries Gross Margin % Historical Data
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The historical data trend for M-Tron Industries'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.
MPTI vs OPTX, RELL, MEI: Gross Margin % Comparison
For the Electronic Components subindustry, M-Tron Industries'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.
M-Tron Industries Gross Margin % vs Hardware Industry
For the Hardware industry and Technology sector, M-Tron Industries's Gross Margin % distribution charts can be found below:
* The bar in red indicates where M-Tron Industries'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.
M-Tron Industries (MPTI) has a Gross Margin % of 44.90% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on M-Tron Industries and its competitors. This is 18% above median its historical median of 38.18. Over the past decade, M-Tron Industries' Gross Margin % has ranged from 34.34 to 46.19. According to the industry distribution chart, M-Tron Industries ranks #421 out of 2452 companies in the Hardware industry, placing it in the top 17.2%.
Is M-Tron Industries' Gross Margin % too high?
M-Tron Industries' current Gross Margin % of 44.90% is 18% above median its 10-year median of 38.18. Over the past 10 years, this metric has ranged from a low of 34.34 to a high of 46.19. The Hardware industry median Gross Margin % is 24.50. M-Tron Industries' value of 44.90% is 83.3% above this industry median. Based on the distribution chart, M-Tron Industries ranks #421 out of 2452 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, M-Tron Industries has a GF Score™ of 76/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does M-Tron Industries' Gross Margin % compare to OPTX and RELL?
According to the Hardware industry distribution chart, M-Tron Industries ranks #421 out of 2452 companies for Gross Margin %. This places M-Tron Industries in the top 17% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 24.50. M-Tron Industries' value of 44.90% is 83.3% above this benchmark. Historically, M-Tron Industries' own Gross Margin % has ranged from 34.34 to 46.19 over the past decade. While the company's 10-year median is 38.18 vs. the industry median of 24.50, M-Tron Industries 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 2,452 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. M-Tron Industries's current Gross Margin % of 44.90% is 83.3% 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 M-Tron Industries 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. M-Tron Industries's current Gross Margin % is 44.90%, which is 18% above median its own 10-year median of 38.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is M-Tron Industries stock overvalued right now?
Based on GuruFocus' analysis, M-Tron Industries (MPTI) is currently considered Significantly Overvalued. The stock's GF Value™ is $41.40, compared to a current price of $82.38 — trading 99% above its estimated fair value. The current Gross Margin % is 44.90%, which is 18% above median its 10-year median of 38.18 and 83.3% above the Hardware industry median of 24.50. M-Tron Industries' overall GF Score™ is 76/100 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 M-Tron Industries (MPTI), the current Gross Margin % is 44.90% 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 M-Tron Industries (MPTI) Overvalued in 2026?
Based on GuruFocus' analysis, M-Tron Industries stock appears to be overvalued.
The current stock price of $82.38 is trading 99% above its estimated GF Value™ of $41.40.
GuruFocus considers M-Tron Industries to be Significantly Overvalued.
Key valuation signals for MPTI:
Gross Margin %: 44.90% (18% above median its 10-year median of 38.18)
GF Value™: $41.40 vs. price of $82.38 (99% above fair value)
Industry Position: 83.3% above the Hardware median (#421 of 2452)
No single metric tells the full story. See the MPTI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
M-Tron Industries Inc is an electronic components manufacturer based in the United States. Along with its subsidiaries, the company is engaged in designing, manufacturing, and marketing high-engineered, high-reliability frequency and spectrum control products used to control the frequency or timing of signals in electronic circuits in various applications. The company serves markets in aerospace and defense, space, and avionics sectors. Its product offerings include microwave and millimeter-wave filters, crystal resonators, clock oscillators, voltage-controlled crystal oscillators, low noise amplifiers, couplers, attenuators, and switches, among others. Geographically, it derives maximum revenue from the domestic market, and the rest from Malaysia, Australia, Greece, and other countries.
76GF Score
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