Track GroupTRCK 22 Gross Margin % is 50.21% as of Mar. 2026, which is 5% below its 10-year median of 52.85. GuruFocus rates TRCK with a GF Score™ of 22/100 and a GF Value™ of $0.27 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 2,454 Hardware companies, Track Group ranks better than 86.23% on this metric.
Track Group Inc gross margin has been in long-term decline. The average rate of decline per year is -2.7%.
The historical rank and industry rank for Track Group's Gross Margin % or its related term are showing as below:
TRCK'
s Gross Margin % Range Over the Past 10 Years
Min: 44.37 Med: 52.85 Max: 56.27
Current: 48.88
During the past 13 years, the highestGross Margin % of Track Group was 56.27%. The lowest was 44.37%. And the median was 52.85%.
TRCK's Gross Margin % is ranked better than 86.23% of 2454
companies
in the Hardware industry
Industry Median: 24.565
vs TRCK: 48.88
Track Group had a gross margin of 50.21% for the quarter that ended in Mar. 2026 => Durable competitive advantage
The 5-Year average Growth Rate of Gross Margin for Track Group was -2.70% per year.
Track Group (OTCPK:TRCK) 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
Track Group had a gross margin of 50.21% 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.
Track Group Gross Margin % Related Terms
Track Group Gross Margin % Historical Data
* Premium members only.
The historical data trend for Track 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.
TRCK vs ELSE, AATC, ARAI: Gross Margin % Comparison
For the Scientific & Technical Instruments subindustry, Track 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.
Track Group Gross Margin % vs Hardware Industry
For the Hardware industry and Technology sector, Track Group's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Track Group'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.
Track Group (TRCK) has a Gross Margin % of 50.21% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Track Group and its competitors. This is near median its historical median of 52.85. Over the past decade, Track Group's Gross Margin % has ranged from 44.37 to 56.27. According to the industry distribution chart, Track Group ranks #338 out of 2454 companies in the Hardware industry, placing it in the top 13.8%.
Is Track Group's Gross Margin % too high?
Track Group's current Gross Margin % of 50.21% is near median its 10-year median of 52.85. Over the past 10 years, this metric has ranged from a low of 44.37 to a high of 56.27. The Hardware industry median Gross Margin % is 24.57. Track Group's value of 50.21% is 104.4% above this industry median. Based on the distribution chart, Track Group ranks #338 out of 2454 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Track Group has a GF Score™ of 22/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Track Group's Gross Margin % compare to ELSE and AATC?
According to the Hardware industry distribution chart, Track Group ranks #338 out of 2454 companies for Gross Margin %. This places Track Group in the top 14% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 24.57. Track Group's value of 50.21% is 104.4% above this benchmark. Historically, Track Group's own Gross Margin % has ranged from 44.37 to 56.27 over the past decade. While the company's 10-year median is 52.85 vs. the industry median of 24.57, Track Group 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 Hardware company?
The median Gross Margin % among Hardware companies is 24.57, based on 2,454 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. Track Group's current Gross Margin % of 50.21% is 104.4% 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 Track Group and its competitors. For the Hardware industry, the median Gross Margin % is 24.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Track Group's current Gross Margin % is 50.21%, which is near median its own 10-year median of 52.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Track Group stock overvalued right now?
Based on GuruFocus' analysis, Track Group (TRCK) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.27, compared to a current price of $0.81 — trading 201.5% above its estimated fair value. The current Gross Margin % is 50.21%, which is near median its 10-year median of 52.85 and 104.4% above the Hardware industry median of 24.57. Track Group's overall GF Score™ is 22/100 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 Track Group (TRCK), the current Gross Margin % is 50.21% 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 Track Group (TRCK) Overvalued in 2026?
Based on GuruFocus' analysis, Track Group stock appears to be overvalued.
The current stock price of $0.81 is trading 201.5% above its estimated GF Value™ of $0.27.
GuruFocus considers Track Group to be Significantly Overvalued.
Key valuation signals for TRCK:
Gross Margin %: 50.21% (near median its 10-year median of 52.85)
GF Value™: $0.27 vs. price of $0.81 (201.5% above fair value)
Industry Position: 104.4% above the Hardware median (#338 of 2454)
No single metric tells the full story. See the TRCK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Track Group Inc designs, manufactures, and markets location-tracking devices and develops and sells a variety of related software, services, accessories, networking solutions, and monitoring applications. Its products and services include a full-range of one-piece GPS tracking devices, a device-agnostic operating system, a portfolio of software applications including smartphone, alcohol and predictive analytics, and a variety of accessory, service and support offerings. The company sells products across the world through its direct sales team and resellers. It sells to government customers on federal, state, and local levels in the United States and to members of the Ministry of Justice internationally. Geographically, it derives a majority of its revenue from the United States.
22GF Score
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