Microvast HoldingsMVST -7.84%76 Gross Margin % is 31.60% as of Mar. 2026, which is 98% above its 10-year median of 15.94. GuruFocus rates MVST with a GF Score™ of 76/100 and a GF Value™ of $1.84 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 1,313 Vehicles & Parts companies, Microvast Holdings ranks better than 66.72% 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
Microvast Holdings had a gross margin of 31.60% for the quarter that ended in Mar. 2026 => Competition eroding margins
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.
Microvast Holdings Gross Margin % Related Terms
Microvast Holdings Gross Margin % Historical Data
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The historical data trend for Microvast Holdings'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 Auto Parts subindustry, Microvast Holdings'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.
Microvast Holdings Gross Margin % vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Microvast Holdings's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Microvast Holdings'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.
Microvast Holdings (MVST) has a Gross Margin % of 31.60% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Microvast Holdings and its competitors. This is 98% above median its historical median of 15.94. According to the industry distribution chart, Microvast Holdings ranks #437 out of 1313 companies in the Vehicles & Parts industry, placing it in the top 33.3%.
Is Microvast Holdings' Gross Margin % too high?
Microvast Holdings' current Gross Margin % of 31.60% is 98% above median its 10-year median of 15.94. The Vehicles & Parts industry median Gross Margin % is 19.84. Microvast Holdings' value of 31.60% is 59.3% above this industry median. Based on the distribution chart, Microvast Holdings ranks #437 out of 1313 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, Microvast Holdings has a GF Score™ of 76/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Microvast Holdings' Gross Margin % compare to CPS and MNRO?
According to the Vehicles & Parts industry distribution chart, Microvast Holdings ranks #437 out of 1313 companies for Gross Margin %. This puts Microvast Holdings in the upper half of its industry. The industry median Gross Margin % is 19.84. Microvast Holdings' value of 31.60% is 59.3% above this benchmark. While the company's 10-year median is 15.94 vs. the industry median of 19.84, Microvast Holdings 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 Vehicles & Parts company?
The median Gross Margin % among Vehicles & Parts companies is 19.84, based on 1,313 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. Microvast Holdings's current Gross Margin % of 31.60% is 59.3% 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 Microvast Holdings and its competitors. For the Vehicles & Parts industry, the median Gross Margin % is 19.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Microvast Holdings's current Gross Margin % is 31.60%, which is 98% above median its own 10-year median of 15.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Microvast Holdings stock overvalued right now?
Based on GuruFocus' analysis, Microvast Holdings (MVST) is currently considered Possible Value Trap. The stock's GF Value™ is $1.84, compared to a current price of $1.18 — trading 36.1% below its estimated fair value. The current Gross Margin % is 31.60%, which is 98% above median its 10-year median of 15.94 and 59.3% above the Vehicles & Parts industry median of 19.84. Microvast Holdings' overall GF Score™ is 76/100 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 Microvast Holdings (MVST), the current Gross Margin % is 31.60% 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 Microvast Holdings (MVST) Overvalued in 2026?
Based on GuruFocus' analysis, Microvast Holdings stock appears to be undervalued.
The current stock price of $1.18 is trading 36.1% below its estimated GF Value™ of $1.84.
GuruFocus considers Microvast Holdings to be Possible Value Trap.
Key valuation signals for MVST:
Gross Margin %: 31.60% (98% above median its 10-year median of 15.94)
GF Value™: $1.84 vs. price of $1.18 (36.1% below fair value)
Industry Position: 59.3% above the Vehicles & Parts median (#437 of 1313)
No single metric tells the full story. See the MVST stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Microvast Holdings Inc develops lithium-ion battery technologies focused on high-performance solutions for commercial and industrial electrification. The Company designs, develops, and manufactures battery components and systems for electric commercial vehicles and energy storage systems (ESS), with applications across buses, trucks, port equipment, and mining machinery. It emphasizes innovation in battery design without relying on legacy technologies and supports platforms such as the IVECO eDaily and various bus models. The Company also provides services, repairs, and warranty and extended warranty support. It operates as a single reportable segment, covering design, development, manufacturing, sales, and leasing of battery systems, and generates the majority of its revenue from Europe.
76GF Score
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