Evertz TechnologiesTSX:ET +0.30%77 Gross Margin % is 59.34% as of Apr. 2026, which is 2% above its 10-year median of 58.03. GuruFocus rates TSX:ET with a GF Score™ of 77/100 and a GF Value™ of C$13.47 (Modestly Overvalued). The stock has 9 warning signs investors should review. Among 2,454 Hardware companies, Evertz Technologies ranks better than 93.11% 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
Evertz Technologies had a gross margin of 59.34% for the quarter that ended in Apr. 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.
Evertz Technologies Gross Margin % Related Terms
Evertz Technologies Gross Margin % Historical Data
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The historical data trend for Evertz Technologies'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.
TSX:ET vs CSCO, CIEN, MSI: Gross Margin % Comparison
For the Communication Equipment subindustry, Evertz Technologies'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.
Evertz Technologies Gross Margin % vs Hardware Industry
For the Hardware industry and Technology sector, Evertz Technologies's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Evertz Technologies'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.
Evertz Technologies (TSX:ET) has a Gross Margin % of 59.34% as of Apr. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Evertz Technologies and its competitors. This is near median its historical median of 58.03. Over the past decade, Evertz Technologies' Gross Margin % has ranged from 55.33 to 59.51. According to the industry distribution chart, Evertz Technologies ranks #169 out of 2454 companies in the Hardware industry, placing it in the top 6.9%.
Is Evertz Technologies' Gross Margin % too high?
Evertz Technologies' current Gross Margin % of 59.34% is near median its 10-year median of 58.03. Over the past 10 years, this metric has ranged from a low of 55.33 to a high of 59.51. The Hardware industry median Gross Margin % is 24.57. Evertz Technologies' value of 59.34% is 141.6% above this industry median. Based on the distribution chart, Evertz Technologies ranks #169 out of 2454 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Evertz Technologies has a GF Score™ of 77/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Evertz Technologies' Gross Margin % compare to CSCO and CIEN?
According to the Hardware industry distribution chart, Evertz Technologies ranks #169 out of 2454 companies for Gross Margin %. This places Evertz Technologies in the top 7% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 24.57. Evertz Technologies' value of 59.34% is 141.6% above this benchmark. Historically, Evertz Technologies' own Gross Margin % has ranged from 55.33 to 59.51 over the past decade. While the company's 10-year median is 58.03 vs. the industry median of 24.57, Evertz Technologies 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. Evertz Technologies's current Gross Margin % of 59.34% is 141.6% 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 Evertz Technologies 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. Evertz Technologies's current Gross Margin % is 59.34%, which is near median its own 10-year median of 58.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Evertz Technologies stock overvalued right now?
Based on GuruFocus' analysis, Evertz Technologies (TSX:ET) is currently considered Modestly Overvalued. The stock's GF Value™ is C$13.47, compared to a current price of C$16.52 — trading 22.6% above its estimated fair value. The current Gross Margin % is 59.34%, which is near median its 10-year median of 58.03 and 141.6% above the Hardware industry median of 24.57. Evertz Technologies' overall GF Score™ is 77/100 with 9 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 Evertz Technologies (TSX:ET), the current Gross Margin % is 59.34% as of Apr. 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 Evertz Technologies (TSX:ET) Overvalued in 2026?
Based on GuruFocus' analysis, Evertz Technologies stock appears to be overvalued.
The current stock price of C$16.52 is trading 22.6% above its estimated GF Value™ of C$13.47.
GuruFocus considers Evertz Technologies to be Modestly Overvalued.
Key valuation signals for TSX:ET:
Gross Margin %: 59.34% (near median its 10-year median of 58.03)
GF Value™: C$13.47 vs. price of C$16.52 (22.6% above fair value)
Industry Position: 141.6% above the Hardware median (#169 of 2454)
No single metric tells the full story. See the TSX:ET stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Evertz Technologies Ltd is a Canadian provider of telecommunications equipment and technology solutions to the television broadcast and new-media industries. Evertz equipment is used in the production, post-production, broadcast, and transmission of television content. Its solutions are sold to content creators, broadcasters, and service providers looking to support multi-channel digital and high definition television, and next generation Internet Protocol environments. More than half of the firm's revenue is generated in the United States.
77GF Score
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