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BEACN Wizardry & MagicTSXV:BECN Gross Margin % is -30.02% as of Jun. 2026. The stock has 3 warning signs investors should review. Among 2,453 Hardware companies, BEACN Wizardry & Magic ranks better than 70.32% 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
BEACN Wizardry & Magic had a gross margin of -30.02% 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.
BEACN Wizardry & Magic Gross Margin % Related Terms
BEACN Wizardry & Magic Gross Margin % Historical Data
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The historical data trend for BEACN Wizardry & Magic'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.
For the Consumer Electronics subindustry, BEACN Wizardry & Magic'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.
BEACN Wizardry & Magic Gross Margin % vs Hardware Industry
For the Hardware industry and Technology sector, BEACN Wizardry & Magic's Gross Margin % distribution charts can be found below:
* The bar in red indicates where BEACN Wizardry & Magic'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.
BEACN Wizardry & Magic (TSXV:BECN) has a Gross Margin % of -30.02% as of Jun. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on BEACN Wizardry & Magic and its competitors. Over the past decade, BEACN Wizardry & Magic's Gross Margin % has ranged from 35.41 to 39.69. According to the industry distribution chart, BEACN Wizardry & Magic ranks #728 out of 2453 companies in the Hardware industry, placing it in the top 29.7%.
Is BEACN Wizardry & Magic's Gross Margin % too high?
BEACN Wizardry & Magic's current Gross Margin % is -30.02%. Over the past 10 years, this metric has ranged from a low of 35.41 to a high of 39.69. Based on the distribution chart, BEACN Wizardry & Magic ranks #728 out of 2453 companies in the Hardware industry, which is above the industry midpoint.
How does BEACN Wizardry & Magic's Gross Margin % compare to AAPL?
According to the Hardware industry distribution chart, BEACN Wizardry & Magic ranks #728 out of 2453 companies for Gross Margin %. This puts BEACN Wizardry & Magic in the upper half of its industry. The industry median Gross Margin % is 24.91. Historically, BEACN Wizardry & Magic's own Gross Margin % has ranged from 35.41 to 39.69 over the past decade. 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 24.91, based on 2,453 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. 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 BEACN Wizardry & Magic and its competitors. For the Hardware industry, the median Gross Margin % is 24.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BEACN Wizardry & Magic's current Gross Margin % is -30.02%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BEACN Wizardry & Magic stock overvalued right now?
Based on GuruFocus' analysis, BEACN Wizardry & Magic (TSXV:BECN) is currently considered Modestly Undervalued. The stock's GF Value™ is C$0.03, compared to a current price of C$0.03 — trading 16.7% below its estimated fair value. The current Gross Margin % is -30.02%. 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 BEACN Wizardry & Magic (TSXV:BECN), the current Gross Margin % is -30.02% 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.
BEACN Wizardry & Magic Inc is a Victoria, BC based consumer electronics company, developing audio equipment, peripherals and technology for gamers, live streamers, and content creators. Its product ecosystem includes BEACN Mic, BEACN Mic stand, BEACN Studio, BEACN Mix, BEACN headset and BEACN Mix Create. It has one reportable segment which was audio related hardware products. The company generates revenue from the sale of audio related products. Geographically it operates in North America, and Others with majority of revenue generating from North America.
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