NGMDF (NuGen Medical Devices) Gross Margin %: 55.56% (As of Mar. 2026) — Near Median


What is NuGen Medical Devices Gross Margin %?

NuGen Medical Devices NGMDF Gross Margin % is 55.56% as of Mar. 2026, which is 5% below its 10-year median of 58.41. The stock has 7 warning signs investors should review. Among 805 Medical Devices & Instruments companies, NuGen Medical Devices ranks worse than 55.16% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. NuGen Medical Devices's Gross Profit for the three months ended in Mar. 2026 was $0.01 Mil. NuGen Medical Devices's Revenue for the three months ended in Mar. 2026 was $0.02 Mil. Therefore, NuGen Medical Devices's Gross Margin % for the quarter that ended in Mar. 2026 was 55.56%.

Warning Sign:

NuGen Medical Devices Inc gross margin has been in long-term decline. The average rate of decline per year is -7.6%.


The historical rank and industry rank for NuGen Medical Devices's Gross Margin % or its related term are showing as below:

NGMDF' s Gross Margin % Range Over the Past 10 Years
Min: 48.8   Med: 58.41   Max: 72.34
Current: 48.8


During the past 6 years, the highest Gross Margin % of NuGen Medical Devices was 72.34%. The lowest was 48.80%. And the median was 58.41%.

NGMDF's Gross Margin % is ranked worse than
55.16% of 805 companies
in the Medical Devices & Instruments industry
Industry Median: 52.07 vs NGMDF: 48.80

NuGen Medical Devices had a gross margin of 55.56% for the quarter that ended in Mar. 2026 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for NuGen Medical Devices was -7.60% per year.


NuGen Medical Devices  (OTCPK:NGMDF) 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

NuGen Medical Devices had a gross margin of 55.56% 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.


NuGen Medical Devices Gross Margin % Related Terms


NuGen Medical Devices Gross Margin % Historical Data

* Premium members only.

The historical data trend for NuGen Medical Devices'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.

NuGen Medical Devices Gross Margin % Chart

NuGen Medical Devices Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Gross Margin %
Get a 7-Day Free Trial 66.67 65.18 49.80 51.62 51.34

NuGen Medical Devices Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 55.56 62.50 60.00 39.34 55.56

NGMDF vs ABT, SYK, MDT: Gross Margin % Comparison

For the Medical Devices subindustry, NuGen Medical Devices'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.


NuGen Medical Devices Gross Margin % vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, NuGen Medical Devices's Gross Margin % distribution charts can be found below:

* The bar in red indicates where NuGen Medical Devices's Gross Margin % falls into.



NuGen Medical Devices Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

NuGen Medical Devices's Gross Margin for the fiscal year that ended in Dec. 2025 is calculated as

Gross Margin % (A: Dec. 2025 )=Gross Profit (A: Dec. 2025 ) / Revenue (A: Dec. 2025 )
=0.1 / 0.187
=(Revenue - Cost of Goods Sold) / Revenue
=(0.187 - 0.091) / 0.187
=51.34 %

NuGen Medical Devices's Gross Margin for the quarter that ended in Mar. 2026 is calculated as


Gross Margin % (Q: Mar. 2026 )=Gross Profit (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=0 / 0.018
=(Revenue - Cost of Goods Sold) / Revenue
=(0.018 - 0.008) / 0.018
=55.56 %

* 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.

Frequently Asked Questions Learn more about Gross Margin % →
What does a Gross Margin % of 55.56% mean?
NuGen Medical Devices (NGMDF) has a Gross Margin % of 55.56% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on NuGen Medical Devices and its competitors. This is near median its historical median of 58.41. Over the past decade, NuGen Medical Devices' Gross Margin % has ranged from 48.80 to 72.34. According to the industry distribution chart, NuGen Medical Devices ranks #444 out of 805 companies in the Medical Devices & Instruments industry, placing it in the top 55.2%.
Is NuGen Medical Devices' Gross Margin % too high?
NuGen Medical Devices' current Gross Margin % of 55.56% is near median its 10-year median of 58.41. Over the past 10 years, this metric has ranged from a low of 48.80 to a high of 72.34. The Medical Devices & Instruments industry median Gross Margin % is 52.07. NuGen Medical Devices' value of 55.56% is 6.7% above this industry median. Based on the distribution chart, NuGen Medical Devices ranks #444 out of 805 companies in the Medical Devices & Instruments industry, which is below the industry midpoint.
How does NuGen Medical Devices' Gross Margin % compare to ABT and SYK?
According to the Medical Devices & Instruments industry distribution chart, NuGen Medical Devices ranks #444 out of 805 companies for Gross Margin %. This places NuGen Medical Devices in the lower half of its industry. The industry median Gross Margin % is 52.07. NuGen Medical Devices' value of 55.56% is 6.7% above this benchmark. Historically, NuGen Medical Devices' own Gross Margin % has ranged from 48.80 to 72.34 over the past decade. While the company's 10-year median is 58.41 vs. the industry median of 52.07, NuGen Medical Devices 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 Medical Devices & Instruments company?
The median Gross Margin % among Medical Devices & Instruments companies is 52.07, based on 805 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. NuGen Medical Devices's current Gross Margin % of 55.56% is 6.7% 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 NuGen Medical Devices and its competitors. For the Medical Devices & Instruments industry, the median Gross Margin % is 52.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NuGen Medical Devices's current Gross Margin % is 55.56%, which is near median its own 10-year median of 58.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NuGen Medical Devices stock overvalued right now?
Based on GuruFocus' analysis, NuGen Medical Devices (NGMDF) is currently considered Modestly Undervalued. The stock's GF Value™ is $0.02, compared to a current price of $0.02 — trading 21.8% below its estimated fair value. The current Gross Margin % is 55.56%, which is near median its 10-year median of 58.41 and 6.7% above the Medical Devices & Instruments industry median of 52.07. 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 NuGen Medical Devices (NGMDF), the current Gross Margin % is 55.56% 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.

NuGen Medical Devices Business Description

Other Exchanges 79O:GermanyNGMD:Canada
Address 18 King Street East, Suite 1400, Toronto, ON, CAN, M5C 1C4
NuGen Medical Devices Inc is a medical device manufacturing company specializing in the field of needleless injections and related technologies. The reportable segment of the company is the manufacturing of needle injector devices. Geographically, the company generates revenue from Europe, followed by Asia, and other.