Race Eco ChainNSE:RACE -0.16%76 Gross Margin % is 3.70% as of Mar. 2026, which is at its 10-year median of 3.70. GuruFocus rates NSE:RACE with a GF Score™ of 76/100 and a GF Value™ of ₹551.39 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 236 Waste Management companies, Race Eco Chain ranks worse than 92.37% 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
Race Eco Chain had a gross margin of 3.70% for the quarter that ended in Mar. 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.
Race Eco Chain Gross Margin % Related Terms
Race Eco Chain Gross Margin % Historical Data
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The historical data trend for Race Eco Chain'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.
NSE:RACE vs WM, RSG, WCN: Gross Margin % Comparison
For the Waste Management subindustry, Race Eco Chain'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.
Race Eco Chain Gross Margin % vs Waste Management Industry
For the Waste Management industry and Industrials sector, Race Eco Chain's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Race Eco Chain'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.
Race Eco Chain (NSE:RACE) has a Gross Margin % of 3.70% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Race Eco Chain and its competitors. This is near median its historical median of 3.70. Over the past decade, Race Eco Chain's Gross Margin % has ranged from 2.21 to 6.56. According to the industry distribution chart, Race Eco Chain ranks #218 out of 236 companies in the Waste Management industry, placing it in the top 92.4%.
Is Race Eco Chain's Gross Margin % too high?
Race Eco Chain's current Gross Margin % of 3.70% is near median its 10-year median of 3.70. Over the past 10 years, this metric has ranged from a low of 2.21 to a high of 6.56. The Waste Management industry median Gross Margin % is 27.35. Race Eco Chain's value of 3.70% is 86.5% below this industry median. Based on the distribution chart, Race Eco Chain ranks #218 out of 236 companies in the Waste Management industry, which is in the bottom quartile relative to peers. Overall, Race Eco Chain has a GF Score™ of 76/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Race Eco Chain's Gross Margin % compare to WM and RSG?
According to the Waste Management industry distribution chart, Race Eco Chain ranks #218 out of 236 companies for Gross Margin %. This places Race Eco Chain in the lower half of its industry. The industry median Gross Margin % is 27.35. Race Eco Chain's value of 3.70% is 86.5% below this benchmark. Historically, Race Eco Chain's own Gross Margin % has ranged from 2.21 to 6.56 over the past decade. While the company's 10-year median is 3.70 vs. the industry median of 27.35, Race Eco Chain 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 Waste Management company?
The median Gross Margin % among Waste Management companies is 27.35, based on 236 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. Race Eco Chain's current Gross Margin % of 3.70% is 86.5% 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 Race Eco Chain and its competitors. For the Waste Management industry, the median Gross Margin % is 27.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Race Eco Chain's current Gross Margin % is 3.70%, which is near median its own 10-year median of 3.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Race Eco Chain stock overvalued right now?
Based on GuruFocus' analysis, Race Eco Chain (NSE:RACE) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹551.39, compared to a current price of ₹111.21 — trading 79.8% below its estimated fair value. The current Gross Margin % is 3.70%, which is near median its 10-year median of 3.70 and 86.5% below the Waste Management industry median of 27.35. Race Eco Chain's overall GF Score™ is 76/100 with 3 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 Race Eco Chain (NSE:RACE), the current Gross Margin % is 3.70% 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 Race Eco Chain (NSE:RACE) Overvalued in 2026?
Based on GuruFocus' analysis, Race Eco Chain stock appears to be undervalued.
The current stock price of ₹111.21 is trading 79.8% below its estimated GF Value™ of ₹551.39.
GuruFocus considers Race Eco Chain to be Significantly Undervalued.
Key valuation signals for NSE:RACE:
Gross Margin %: 3.70% (near median its 10-year median of 3.70)
GF Value™: ₹551.39 vs. price of ₹111.21 (79.8% below fair value)
Industry Position: 86.5% below the Waste Management median (#218 of 236)
No single metric tells the full story. See the NSE:RACE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Race Eco Chain Ltd is engaged in the collection and supply of recyclable waste to recyclers who eventually convert the waste into useful products. It is also involved in the manufacturing of recycled products. The company's segments are Recycle Division; Restore Division; Biomass Division and It Division. It generates the majority of its revenue from the Recycle Division.
76GF Score
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