TCECUR Sweden ABNGM:TCC A -3.09%70 Gross Margin % is 55.00% as of Mar. 2026, which is 9% above its 10-year median of 50.39. GuruFocus rates NGM:TCC A with a GF Score™ of 70/100 and a GF Value™ of kr23.71 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 2,449 Hardware companies, TCECUR Sweden AB ranks better than 87.59% on this metric.
TCECUR Sweden AB gross margin has been in long-term decline. The average rate of decline per year is -2.1%.
The historical rank and industry rank for TCECUR Sweden AB's Gross Margin % or its related term are showing as below:
NGM:TCC A'
s Gross Margin % Range Over the Past 10 Years
Min: 41.67 Med: 50.39 Max: 55.12
Current: 50.15
During the past 11 years, the highestGross Margin % of TCECUR Sweden AB was 55.12%. The lowest was 41.67%. And the median was 50.39%.
NGM:TCC A's Gross Margin % is ranked better than 87.59% of 2449
companies
in the Hardware industry
Industry Median: 24.5
vs NGM:TCC A: 50.15
TCECUR Sweden AB had a gross margin of 55.00% for the quarter that ended in Mar. 2026 => Durable competitive advantage
The 5-Year average Growth Rate of Gross Margin for TCECUR Sweden AB was -2.10% per year.
TCECUR Sweden AB (NGM:TCC A) 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
TCECUR Sweden AB had a gross margin of 55.00% 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.
TCECUR Sweden AB Gross Margin % Related Terms
TCECUR Sweden AB Gross Margin % Historical Data
* Premium members only.
The historical data trend for TCECUR Sweden AB'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.
NGM:TCC A vs CSCO, CIEN, MSI: Gross Margin % Comparison
For the Communication Equipment subindustry, TCECUR Sweden AB'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.
TCECUR Sweden AB Gross Margin % vs Hardware Industry
For the Hardware industry and Technology sector, TCECUR Sweden AB's Gross Margin % distribution charts can be found below:
* The bar in red indicates where TCECUR Sweden AB'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.
TCECUR Sweden AB (NGM:TCC A) has a Gross Margin % of 55.00% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on TCECUR Sweden AB and its competitors. This is near median its historical median of 50.39. Over the past decade, TCECUR Sweden AB's Gross Margin % has ranged from 41.67 to 55.12. According to the industry distribution chart, TCECUR Sweden AB ranks #304 out of 2449 companies in the Hardware industry, placing it in the top 12.4%.
Is TCECUR Sweden AB's Gross Margin % too high?
TCECUR Sweden AB's current Gross Margin % of 55.00% is near median its 10-year median of 50.39. Over the past 10 years, this metric has ranged from a low of 41.67 to a high of 55.12. The Hardware industry median Gross Margin % is 24.50. TCECUR Sweden AB's value of 55.00% is 124.5% above this industry median. Based on the distribution chart, TCECUR Sweden AB ranks #304 out of 2449 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, TCECUR Sweden AB has a GF Score™ of 70/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does TCECUR Sweden AB's Gross Margin % compare to CSCO and CIEN?
According to the Hardware industry distribution chart, TCECUR Sweden AB ranks #304 out of 2449 companies for Gross Margin %. This places TCECUR Sweden AB in the top 12% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 24.50. TCECUR Sweden AB's value of 55.00% is 124.5% above this benchmark. Historically, TCECUR Sweden AB's own Gross Margin % has ranged from 41.67 to 55.12 over the past decade. While the company's 10-year median is 50.39 vs. the industry median of 24.50, TCECUR Sweden AB 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. TCECUR Sweden AB's current Gross Margin % of 55.00% is 124.5% 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 TCECUR Sweden AB 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. TCECUR Sweden AB's current Gross Margin % is 55.00%, which is near median its own 10-year median of 50.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TCECUR Sweden AB stock overvalued right now?
Based on GuruFocus' analysis, TCECUR Sweden AB (NGM:TCC A) is currently considered Modestly Undervalued. The stock's GF Value™ is kr23.71, compared to a current price of kr17.25 — trading 27.2% below its estimated fair value. The current Gross Margin % is 55.00%, which is near median its 10-year median of 50.39 and 124.5% above the Hardware industry median of 24.50. TCECUR Sweden AB's overall GF Score™ is 70/100 with 4 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 TCECUR Sweden AB (NGM:TCC A), the current Gross Margin % is 55.00% 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 TCECUR Sweden AB (NGM:TCC A) Overvalued in 2026?
Based on GuruFocus' analysis, TCECUR Sweden AB stock appears to be undervalued.
The current stock price of kr17.25 is trading 27.2% below its estimated GF Value™ of kr23.71.
GuruFocus considers TCECUR Sweden AB to be Modestly Undervalued.
Key valuation signals for NGM:TCC A:
Gross Margin %: 55.00% (near median its 10-year median of 50.39)
GF Value™: kr23.71 vs. price of kr17.25 (27.2% below fair value)
Industry Position: 124.5% above the Hardware median (#304 of 2449)
No single metric tells the full story. See the NGM:TCC A stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
TCECUR Sweden AB is a TCECUR is a technology-oriented security group that delivers comprehensive solutions with a focus on creating a safe and secure society. The group consists of independent and TCECUR is a technology-oriented security group that independent companies in physical security and secure communications, where local leadership plays a crucial role. Secure Communications, National Security Systems, and Global Security Systems. The National Security Systems includes the majority of its revenue.
70GF Score
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