Braille Energy Systems (TSXV:BES) Gross Margin %: 43.55% (As of Mar. 2026) — 22% Above Median

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What is Braille Energy Systems Gross Margin %?

Braille Energy Systems TSXV:BES Gross Margin % is 43.55% as of Mar. 2026, which is 22% above its 10-year median of 35.82. The stock has 6 warning signs investors should review. Among 2,996 Industrial Products companies, Braille Energy Systems ranks better than 84.05% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Braille Energy Systems's Gross Profit for the three months ended in Mar. 2026 was C$0.33 Mil. Braille Energy Systems's Revenue for the three months ended in Mar. 2026 was C$0.76 Mil. Therefore, Braille Energy Systems's Gross Margin % for the quarter that ended in Mar. 2026 was 43.55%.

Warning Sign:

Braille Energy Systems Inc gross margin has been in long-term decline. The average rate of decline per year is -8%.


The historical rank and industry rank for Braille Energy Systems's Gross Margin % or its related term are showing as below:

TSXV:BES' s Gross Margin % Range Over the Past 10 Years
Min: -22.29   Med: 35.82   Max: 45.63
Current: 44.44


During the past 13 years, the highest Gross Margin % of Braille Energy Systems was 45.63%. The lowest was -22.29%. And the median was 35.82%.

TSXV:BES's Gross Margin % is ranked better than
84.05% of 2996 companies
in the Industrial Products industry
Industry Median: 26.8 vs TSXV:BES: 44.44

Braille Energy Systems had a gross margin of 43.55% for the quarter that ended in Mar. 2026 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Braille Energy Systems was -8.00% per year.


Braille Energy Systems  (TSXV:BES) 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

Braille Energy Systems had a gross margin of 43.55% 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.


Braille Energy Systems Gross Margin % Related Terms


Braille Energy Systems Gross Margin % Historical Data

* Premium members only.

The historical data trend for Braille Energy Systems'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.

Braille Energy Systems Gross Margin % Chart

Braille Energy Systems Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 45.63 33.20 29.52 20.68 38.43

Braille Energy Systems Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 37.90 36.63 57.21 43.46 43.55

TSXV:BES vs VRT, BE, HUBB: Gross Margin % Comparison

For the Electrical Equipment & Parts subindustry, Braille Energy Systems'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.


Braille Energy Systems Gross Margin % vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Braille Energy Systems's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Braille Energy Systems's Gross Margin % falls into.



Braille Energy Systems Gross Margin % Calculation

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

Braille Energy Systems's Gross Margin for the fiscal year that ended in Sep. 2025 is calculated as

Gross Margin % (A: Sep. 2025 )=Gross Profit (A: Sep. 2025 ) / Revenue (A: Sep. 2025 )
=1.2 / 3.143
=(Revenue - Cost of Goods Sold) / Revenue
=(3.143 - 1.935) / 3.143
=38.43 %

Braille Energy Systems's Gross Margin for the quarter that ended in Mar. 2026 is calculated as


Gross Margin % (Q: Mar. 2026 )=Gross Profit (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=0.3 / 0.76
=(Revenue - Cost of Goods Sold) / Revenue
=(0.76 - 0.429) / 0.76
=43.55 %

* 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 43.55% mean?
Braille Energy Systems (TSXV:BES) has a Gross Margin % of 43.55% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Braille Energy Systems and its competitors. This is 22% above median its historical median of 35.82. According to the industry distribution chart, Braille Energy Systems ranks #478 out of 2996 companies in the Industrial Products industry, placing it in the top 16%.
Is Braille Energy Systems' Gross Margin % too high?
Braille Energy Systems' current Gross Margin % of 43.55% is 22% above median its 10-year median of 35.82. The Industrial Products industry median Gross Margin % is 26.80. Braille Energy Systems' value of 43.55% is 62.5% above this industry median. Based on the distribution chart, Braille Energy Systems ranks #478 out of 2996 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers.
How does Braille Energy Systems' Gross Margin % compare to VRT and BE?
According to the Industrial Products industry distribution chart, Braille Energy Systems ranks #478 out of 2996 companies for Gross Margin %. This places Braille Energy Systems in the top 16% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 26.80. Braille Energy Systems' value of 43.55% is 62.5% above this benchmark. While the company's 10-year median is 35.82 vs. the industry median of 26.80, Braille Energy Systems 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 an Industrial Products company?
The median Gross Margin % among Industrial Products companies is 26.80, based on 2,996 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. Braille Energy Systems's current Gross Margin % of 43.55% is 62.5% 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 Braille Energy Systems and its competitors. For the Industrial Products industry, the median Gross Margin % is 26.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Braille Energy Systems's current Gross Margin % is 43.55%, which is 22% above median its own 10-year median of 35.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Braille Energy Systems stock overvalued right now?
Based on GuruFocus' analysis, Braille Energy Systems (TSXV:BES) is currently considered Modestly Undervalued. The stock's GF Value™ is C$0.04, compared to a current price of C$0.04 — trading 12.5% below its estimated fair value. The current Gross Margin % is 43.55%, which is 22% above median its 10-year median of 35.82 and 62.5% above the Industrial Products industry median of 26.80. 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 Braille Energy Systems (TSXV:BES), the current Gross Margin % is 43.55% 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.

Braille Energy Systems Business Description

Address 945 Princess Street, Box 117, Kingston, ON, CAN, K7L 0E9
Braille Energy Systems Inc is a battery manufacturing and energy storage company supplying batteries to the professional motorsports industry and the pioneer of a complete line of lightweight high powered battery systems for the transportation market. Geographically it serves Europe, the Middle East, Africa, Asia Pacific Australia and earns key revenue from the Americas.