Cheelcare (TSXV:CHER) Gross Margin %: 44.37% (As of Jan. 2026) — 17% Below Median

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TSXV:CHER Cheelcare Inc TSXV:CHER
11 GF Score
Price C$1.73
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What is Cheelcare Gross Margin %?

Cheelcare TSXV:CHER +3.59% 11 Gross Margin % is 44.37% as of Jan. 2026, which is 17% below its 10-year median of 53.18. GuruFocus rates TSXV:CHER with a GF Score™ of 11/100. The stock has 3 warning signs investors should review. Among 805 Medical Devices & Instruments companies, Cheelcare ranks worse than 54.16% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Cheelcare's Gross Profit for the three months ended in Jan. 2026 was C$0.21 Mil. Cheelcare's Revenue for the three months ended in Jan. 2026 was C$0.47 Mil. Therefore, Cheelcare's Gross Margin % for the quarter that ended in Jan. 2026 was 44.37%.


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

TSXV:CHER' s Gross Margin % Range Over the Past 10 Years
Min: 49.3   Med: 53.18   Max: 53.65
Current: 49.3


During the past 2 years, the highest Gross Margin % of Cheelcare was 53.65%. The lowest was 49.30%. And the median was 53.18%.

TSXV:CHER's Gross Margin % is ranked worse than
54.16% of 805 companies
in the Medical Devices & Instruments industry
Industry Median: 52.16 vs TSXV:CHER: 49.30

Cheelcare had a gross margin of 44.37% for the quarter that ended in Jan. 2026 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Cheelcare was 0.00% per year.


Cheelcare  (TSXV:CHER) 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

Cheelcare had a gross margin of 44.37% for the quarter that ended in Jan. 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.


Cheelcare Gross Margin % Related Terms


Cheelcare Gross Margin % Historical Data

* Premium members only.

The historical data trend for Cheelcare'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.

Cheelcare Gross Margin % Chart

Cheelcare Annual Data
Trend Apr23 Apr24
Gross Margin %
52.70 53.65

Cheelcare Quarterly Data
Apr23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only 31.22 44.03 50.96 58.16 44.37

TSXV:CHER vs ABT, SYK, MDT: Gross Margin % Comparison

For the Medical Devices subindustry, Cheelcare'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.


Cheelcare Gross Margin % vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Cheelcare's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Cheelcare's Gross Margin % falls into.


TSXV:CHER
11GF Score
Cheelcare Inc TSXV:CHER
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Cheelcare Gross Margin % Calculation

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

Cheelcare's Gross Margin for the fiscal year that ended in Apr. 2024 is calculated as

Gross Margin % (A: Apr. 2024 )=Gross Profit (A: Apr. 2024 ) / Revenue (A: Apr. 2024 )
=0.8 / 1.437
=(Revenue - Cost of Goods Sold) / Revenue
=(1.437 - 0.666) / 1.437
=53.65 %

Cheelcare's Gross Margin for the quarter that ended in Jan. 2026 is calculated as


Gross Margin % (Q: Jan. 2026 )=Gross Profit (Q: Jan. 2026 ) / Revenue (Q: Jan. 2026 )
=0.2 / 0.471
=(Revenue - Cost of Goods Sold) / Revenue
=(0.471 - 0.262) / 0.471
=44.37 %

* 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 44.37% mean?
Cheelcare (TSXV:CHER) has a Gross Margin % of 44.37% as of Jan. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Cheelcare and its competitors. This is 17% below median its historical median of 53.18. Over the past decade, Cheelcare's Gross Margin % has ranged from 49.30 to 53.65. According to the industry distribution chart, Cheelcare ranks #436 out of 805 companies in the Medical Devices & Instruments industry, placing it in the top 54.2%.
Is Cheelcare's Gross Margin % too high?
Cheelcare's current Gross Margin % of 44.37% is 17% below median its 10-year median of 53.18. Over the past 10 years, this metric has ranged from a low of 49.30 to a high of 53.65. The Medical Devices & Instruments industry median Gross Margin % is 52.16. Cheelcare's value of 44.37% is 14.9% below this industry median. Based on the distribution chart, Cheelcare ranks #436 out of 805 companies in the Medical Devices & Instruments industry, which is below the industry midpoint. Overall, Cheelcare has a GF Score™ of 11/100, reflecting its overall financial health beyond just this single metric.
How does Cheelcare's Gross Margin % compare to ABT and SYK?
According to the Medical Devices & Instruments industry distribution chart, Cheelcare ranks #436 out of 805 companies for Gross Margin %. This places Cheelcare in the lower half of its industry. The industry median Gross Margin % is 52.16. Cheelcare's value of 44.37% is 14.9% below this benchmark. Historically, Cheelcare's own Gross Margin % has ranged from 49.30 to 53.65 over the past decade. While the company's 10-year median is 53.18 vs. the industry median of 52.16, Cheelcare has consistently been below 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 52.16, 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. Cheelcare's current Gross Margin % of 44.37% is 14.9% below 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 Cheelcare and its competitors. For the Medical Devices & Instruments industry, the median Gross Margin % is 52.16 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cheelcare's current Gross Margin % is 44.37%, which is 17% below median its own 10-year median of 53.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cheelcare stock overvalued right now?
Cheelcare (TSXV:CHER) has a current Gross Margin % of 44.37%. The current Gross Margin % is 44.37%, which is 17% below median its 10-year median of 53.18 and 14.9% below the Medical Devices & Instruments industry median of 52.16. Cheelcare's overall GF Score™ is 11/100 with 3 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 Cheelcare (TSXV:CHER), the current Gross Margin % is 44.37% as of Jan. 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.

Cheelcare Business Description

Address 16 Sims Crescent, Unit 20, Richmond Hill, ON, CAN, L4B 2P1
Cheelcare Inc is a company that designs and manufactures inventive mobility devices using robotics. Its product portfolio consists of three key lines: Robotic Complex Rehab Power Wheelchair such devices feature patented self-leveling technology and the lowest seat-to-floor height in their class, enhancing stability and accessibility. Power Add-ons for Manual Wheelchairs designed to convert manual wheelchairs into powered mobility devices, offering users increased independence. Aftermarket Wheelchair Accessories includes a range of OEM equipment, backup cameras, phone chargers, and wheel suspension systems, that allow wheelchair users the ability to supplement their existing equipment to improve safety and convenience.
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