SANUWAVE HealthSNWV -1.22%38 Gross Margin % is 77.25% as of Mar. 2026, which is 12% above its 10-year median of 68.83. GuruFocus rates SNWV with a GF Score™ of 38/100 and a GF Value™ of $11.96 (Modestly Undervalued). The stock has 8 warning signs investors should review. Among 805 Medical Devices & Instruments companies, SANUWAVE Health ranks better than 87.83% on this metric.
The historical rank and industry rank for SANUWAVE Health's Gross Margin % or its related term are showing as below:
SNWV'
s Gross Margin % Range Over the Past 10 Years
Min: 47.62 Med: 68.83 Max: 77.11
Current: 76.74
During the past 13 years, the highestGross Margin % of SANUWAVE Health was 77.11%. The lowest was 47.62%. And the median was 68.83%.
SNWV's Gross Margin % is ranked better than 87.83% of 805
companies
in the Medical Devices & Instruments industry
Industry Median: 52.03
vs SNWV: 76.74
SANUWAVE Health had a gross margin of 77.25% for the quarter that ended in Mar. 2026 => Durable competitive advantage
The 5-Year average Growth Rate of Gross Margin for SANUWAVE Health was 2.70% per year.
SANUWAVE Health (NAS:SNWV) 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
SANUWAVE Health had a gross margin of 77.25% 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.
SANUWAVE Health Gross Margin % Related Terms
SANUWAVE Health Gross Margin % Historical Data
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The historical data trend for SANUWAVE Health'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.
SNWV vs RTGN, NNOX, LNSR: Gross Margin % Comparison
For the Medical Devices subindustry, SANUWAVE Health'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.
SANUWAVE Health Gross Margin % vs Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, SANUWAVE Health's Gross Margin % distribution charts can be found below:
* The bar in red indicates where SANUWAVE Health'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.
SANUWAVE Health (SNWV) has a Gross Margin % of 77.25% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on SANUWAVE Health and its competitors. This is 12% above median its historical median of 68.83. Over the past decade, SANUWAVE Health's Gross Margin % has ranged from 47.62 to 77.11. According to the industry distribution chart, SANUWAVE Health ranks #98 out of 805 companies in the Medical Devices & Instruments industry, placing it in the top 12.2%.
Is SANUWAVE Health's Gross Margin % too high?
SANUWAVE Health's current Gross Margin % of 77.25% is 12% above median its 10-year median of 68.83. Over the past 10 years, this metric has ranged from a low of 47.62 to a high of 77.11. The Medical Devices & Instruments industry median Gross Margin % is 52.03. SANUWAVE Health's value of 77.25% is 48.5% above this industry median. Based on the distribution chart, SANUWAVE Health ranks #98 out of 805 companies in the Medical Devices & Instruments industry, which is in the top quartile — a strong position relative to peers. Overall, SANUWAVE Health has a GF Score™ of 38/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does SANUWAVE Health's Gross Margin % compare to RTGN and NNOX?
According to the Medical Devices & Instruments industry distribution chart, SANUWAVE Health ranks #98 out of 805 companies for Gross Margin %. This places SANUWAVE Health in the top 12% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 52.03. SANUWAVE Health's value of 77.25% is 48.5% above this benchmark. Historically, SANUWAVE Health's own Gross Margin % has ranged from 47.62 to 77.11 over the past decade. While the company's 10-year median is 68.83 vs. the industry median of 52.03, SANUWAVE Health 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 52.03, 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. SANUWAVE Health's current Gross Margin % of 77.25% is 48.5% 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 SANUWAVE Health and its competitors. For the Medical Devices & Instruments industry, the median Gross Margin % is 52.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SANUWAVE Health's current Gross Margin % is 77.25%, which is 12% above median its own 10-year median of 68.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SANUWAVE Health stock overvalued right now?
Based on GuruFocus' analysis, SANUWAVE Health (SNWV) is currently considered Modestly Undervalued. The stock's GF Value™ is $11.96, compared to a current price of $10.50 — trading 12.2% below its estimated fair value. The current Gross Margin % is 77.25%, which is 12% above median its 10-year median of 68.83 and 48.5% above the Medical Devices & Instruments industry median of 52.03. SANUWAVE Health's overall GF Score™ is 38/100 with 8 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 SANUWAVE Health (SNWV), the current Gross Margin % is 77.25% 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 SANUWAVE Health (SNWV) Overvalued in 2026?
Based on GuruFocus' analysis, SANUWAVE Health stock appears to be undervalued.
The current stock price of $10.50 is trading 12.2% below its estimated GF Value™ of $11.96.
GuruFocus considers SANUWAVE Health to be Modestly Undervalued.
Key valuation signals for SNWV:
Gross Margin %: 77.25% (12% above median its 10-year median of 68.83)
GF Value™: $11.96 vs. price of $10.50 (12.2% below fair value)
Industry Position: 48.5% above the Medical Devices & Instruments median (#98 of 805)
No single metric tells the full story. See the SNWV stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
SANUWAVE Health Inc is a medical device company providing directed energy products into the wound care space. It is focused on the commercialization of its patented regenerative medicine utilizing noninvasive ultrasound or shockwaves to produce a biological response promoting the repair and regeneration of tissue, musculoskeletal, and vascular structures. Sanuwave's patented, FDA-cleared, and commercialised product is the UltraMIST system, which is used to treat a variety of acute and chronic wounds using ultrasound technology. The company operates in one reportable segment, the design and sale of medical devices. Geographically, the company generates revenue mainly from the United States.
38GF Score
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