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What is Victory Electric Vehicles International Gross Margin %?
Victory Electric Vehicles InternationalNSE:VICTORYEV +2.74%18 Gross Margin % is 25.75% as of Sep. 2025, which is 11% above its 10-year median of 23.17. GuruFocus rates NSE:VICTORYEV with a GF Score™ of 18/100. The stock has 4 warning signs investors should review. Among 1,307 Vehicles & Parts companies, Victory Electric Vehicles International ranks better than 65.03% on this metric.
NSE:VICTORYEV's Gross Margin % is ranked better than 65.03% of 1307
companies
in the Vehicles & Parts industry
Industry Median: 19.88
vs NSE:VICTORYEV: 25.75
Victory Electric Vehicles International had a gross margin of 25.75% for the quarter that ended in Sep. 2025 => Competition eroding margins
Victory Electric Vehicles International (NSE:VICTORYEV) 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
Victory Electric Vehicles International had a gross margin of 25.75% for the quarter that ended in Sep. 2025 => 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.
Victory Electric Vehicles International Gross Margin % Related Terms
Victory Electric Vehicles International Gross Margin % Historical Data
* 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.
Victory Electric Vehicles International Gross Margin % Chart
Victory Electric Vehicles International Annual Data
Trend
Mar23
Mar24
Mar25
Gross Margin %
10.74
23.17
25.58
Victory Electric Vehicles International Semi-Annual Data
Mar23
Mar24
Mar25
Sep25
Gross Margin %
0.00
0.00
0.00
25.75
NSE:VICTORYEV vs TSLA, GM, F: Gross Margin % Comparison
For the Auto Manufacturers subindustry, Victory Electric Vehicles International'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.
Victory Electric Vehicles International Gross Margin % vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Victory Electric Vehicles International's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Victory Electric Vehicles International'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.
Victory Electric Vehicles International (NSE:VICTORYEV) has a Gross Margin % of 25.75% as of Sep. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Victory Electric Vehicles International and its competitors. This is 11% above median its historical median of 23.17. Over the past decade, Victory Electric Vehicles International's Gross Margin % has ranged from 10.74 to 25.75. According to the industry distribution chart, Victory Electric Vehicles International ranks #457 out of 1307 companies in the Vehicles & Parts industry, placing it in the top 35%.
Is Victory Electric Vehicles International's Gross Margin % too high?
Victory Electric Vehicles International's current Gross Margin % of 25.75% is 11% above median its 10-year median of 23.17. Over the past 10 years, this metric has ranged from a low of 10.74 to a high of 25.75. The Vehicles & Parts industry median Gross Margin % is 19.88. Victory Electric Vehicles International's value of 25.75% is 29.5% above this industry median. Based on the distribution chart, Victory Electric Vehicles International ranks #457 out of 1307 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, Victory Electric Vehicles International has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Victory Electric Vehicles International's Gross Margin % compare to TSLA and GM?
According to the Vehicles & Parts industry distribution chart, Victory Electric Vehicles International ranks #457 out of 1307 companies for Gross Margin %. This puts Victory Electric Vehicles International in the upper half of its industry. The industry median Gross Margin % is 19.88. Victory Electric Vehicles International's value of 25.75% is 29.5% above this benchmark. Historically, Victory Electric Vehicles International's own Gross Margin % has ranged from 10.74 to 25.75 over the past decade. While the company's 10-year median is 23.17 vs. the industry median of 19.88, Victory Electric Vehicles International 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 19.88, based on 1,307 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. Victory Electric Vehicles International's current Gross Margin % of 25.75% is 29.5% 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 Victory Electric Vehicles International and its competitors. For the Vehicles & Parts industry, the median Gross Margin % is 19.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Victory Electric Vehicles International's current Gross Margin % is 25.75%, which is 11% above median its own 10-year median of 23.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Victory Electric Vehicles International stock overvalued right now?
Victory Electric Vehicles International (NSE:VICTORYEV) has a current Gross Margin % of 25.75%. The current Gross Margin % is 25.75%, which is 11% above median its 10-year median of 23.17 and 29.5% above the Vehicles & Parts industry median of 19.88. Victory Electric Vehicles International's overall GF Score™ is 18/100 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 Victory Electric Vehicles International (NSE:VICTORYEV), the current Gross Margin % is 25.75% as of Sep. 2025. 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.
Victory Electric Vehicles International Business Description
Victory Electric Vehicles International Ltd is engaged in the business of manufacturing of battery operated electric rickshaws and electric scooters. The company's key offerings include solar rickshaws, Auto-rickshaws, Motor vehicles, Scooters, Motor-Scooters, three-wheelers, motor cycles, cycles automobiles, and motorcars. Its product segments include Two wheelers, Three wheelers, Passenger Vehicles, and Commercial Vehicles. The company generates the majority of revenue from the sale of Electric Vehicles, mainly from Three-Wheeler vehicle sales.
18GF Score
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