Harju Elekter Group (OTSE:HAE1T) Gross Margin %: 12.18% (As of Jun. 2026) — Near Median

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OTSE:HAE1T Harju Elekter Group OTSE:HAE1T
64 GF Score
Price €5.14
GF Value €4.33
Valuation Modestly Overvalued
! 4 Warning Signs
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What is Harju Elekter Group Gross Margin %?

Harju Elekter Group OTSE:HAE1T 64 Gross Margin % is 12.18% as of Jun. 2026, which is 6% below its 10-year median of 12.97. GuruFocus rates OTSE:HAE1T with a GF Score™ of 64/100 and a GF Value™ of €4.33 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 3,010 Industrial Products companies, Harju Elekter Group ranks worse than 82.76% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Harju Elekter Group's Gross Profit for the three months ended in Jun. 2026 was €5.1 Mil. Harju Elekter Group's Revenue for the three months ended in Jun. 2026 was €42.1 Mil. Therefore, Harju Elekter Group's Gross Margin % for the quarter that ended in Jun. 2026 was 12.18%.


The historical rank and industry rank for Harju Elekter Group's Gross Margin % or its related term are showing as below:

OTSE:HAE1T' s Gross Margin % Range Over the Past 10 Years
Min: 7   Med: 12.97   Max: 16.94
Current: 13.98


During the past 13 years, the highest Gross Margin % of Harju Elekter Group was 16.94%. The lowest was 7.00%. And the median was 12.97%.

OTSE:HAE1T's Gross Margin % is ranked worse than
82.76% of 3010 companies
in the Industrial Products industry
Industry Median: 26.88 vs OTSE:HAE1T: 13.98

Harju Elekter Group had a gross margin of 12.18% for the quarter that ended in Jun. 2026 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Harju Elekter Group was 2.00% per year.


Harju Elekter Group  (OTSE:HAE1T) 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

Harju Elekter Group had a gross margin of 12.18% for the quarter that ended in Jun. 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.


Harju Elekter Group Gross Margin % Related Terms


Harju Elekter Group Gross Margin % Historical Data

* Premium members only.

The historical data trend for Harju Elekter Group'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.

Harju Elekter Group Gross Margin % Chart

Harju Elekter Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.70 7.00 11.29 11.96 14.88

Harju Elekter Group Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 16.14 17.34 11.24 15.76 12.18

OTSE:HAE1T vs VRT, BE, HUBB: Gross Margin % Comparison

For the Electrical Equipment & Parts subindustry, Harju Elekter Group'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.


Harju Elekter Group Gross Margin % vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Harju Elekter Group's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Harju Elekter Group's Gross Margin % falls into.


OTSE:HAE1T
64GF Score
Harju Elekter Group OTSE:HAE1T
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Harju Elekter Group Gross Margin % Calculation

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

Harju Elekter Group'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 )
=25.9 / 174.047
=(Revenue - Cost of Goods Sold) / Revenue
=(174.047 - 148.144) / 174.047
=14.88 %

Harju Elekter Group's Gross Margin for the quarter that ended in Jun. 2026 is calculated as


Gross Margin % (Q: Jun. 2026 )=Gross Profit (Q: Jun. 2026 ) / Revenue (Q: Jun. 2026 )
=5.1 / 42.11
=(Revenue - Cost of Goods Sold) / Revenue
=(42.11 - 36.982) / 42.11
=12.18 %

* 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 12.18% mean?
Harju Elekter Group (OTSE:HAE1T) has a Gross Margin % of 12.18% as of Jun. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Harju Elekter Group and its competitors. This is near median its historical median of 12.97. Over the past decade, Harju Elekter Group's Gross Margin % has ranged from 7.00 to 16.94. According to the industry distribution chart, Harju Elekter Group ranks #2491 out of 3010 companies in the Industrial Products industry, placing it in the top 82.8%.
Is Harju Elekter Group's Gross Margin % too high?
Harju Elekter Group's current Gross Margin % of 12.18% is near median its 10-year median of 12.97. Over the past 10 years, this metric has ranged from a low of 7.00 to a high of 16.94. The Industrial Products industry median Gross Margin % is 26.88. Harju Elekter Group's value of 12.18% is 54.7% below this industry median. Based on the distribution chart, Harju Elekter Group ranks #2491 out of 3010 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Harju Elekter Group has a GF Score™ of 64/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Harju Elekter Group's Gross Margin % compare to VRT and BE?
According to the Industrial Products industry distribution chart, Harju Elekter Group ranks #2491 out of 3010 companies for Gross Margin %. This places Harju Elekter Group in the lower half of its industry. The industry median Gross Margin % is 26.88. Harju Elekter Group's value of 12.18% is 54.7% below this benchmark. Historically, Harju Elekter Group's own Gross Margin % has ranged from 7.00 to 16.94 over the past decade. While the company's 10-year median is 12.97 vs. the industry median of 26.88, Harju Elekter Group 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 an Industrial Products company?
The median Gross Margin % among Industrial Products companies is 26.88, based on 3,010 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. Harju Elekter Group's current Gross Margin % of 12.18% is 54.7% 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 Harju Elekter Group and its competitors. For the Industrial Products industry, the median Gross Margin % is 26.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Harju Elekter Group's current Gross Margin % is 12.18%, which is near median its own 10-year median of 12.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Harju Elekter Group stock overvalued right now?
Based on GuruFocus' analysis, Harju Elekter Group (OTSE:HAE1T) is currently considered Modestly Overvalued. The stock's GF Value™ is €4.33, compared to a current price of €5.14 — trading 18.7% above its estimated fair value. The current Gross Margin % is 12.18%, which is near median its 10-year median of 12.97 and 54.7% below the Industrial Products industry median of 26.88. Harju Elekter Group's overall GF Score™ is 64/100 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 Harju Elekter Group (OTSE:HAE1T), the current Gross Margin % is 12.18% as of Jun. 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 Harju Elekter Group (OTSE:HAE1T) Overvalued in 2026?

Based on GuruFocus' analysis, Harju Elekter Group stock appears to be overvalued. The current stock price of €5.14 is trading 18.7% above its estimated GF Value™ of €4.33. GuruFocus considers Harju Elekter Group to be Modestly Overvalued.

Key valuation signals for OTSE:HAE1T:

  • Gross Margin %: 12.18% (near median its 10-year median of 12.97)
  • GF Value™: €4.33 vs. price of €5.14 (18.7% above fair value)
  • GF Score™: 64/100 with 4 warning signs
  • Industry Position: 54.7% below the Industrial Products median (#2491 of 3010)

No single metric tells the full story. See the OTSE:HAE1T stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Harju Elekter Group Business Description

Other Exchanges HD8:Germany
Address Paldiski maantee 31/2, Keila, EST, 76606
Harju Elekter Group is an Estonia-based company engaged in the production of electrical equipment. The company operates in two segments including Production and Real estate. Production segment are the design, sale, manufacturing and after-sales service of power distribution, switching and converting devices, as well as automation, process control and industrial control equipment. Production segment are the design, sale, manufacturing and after-sales service of power distribution, switching and converting devices, as well as automation, process control and industrial control equipment. Its Other activities include the management of financial investments, electrical installation works in shipbuilding, and the retail and project sales of electrical goods.
64GF Score

Get the complete analysis for OTSE:HAE1T

Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€5.14
Price
€4.33
GF Value