Comet Industries (TSXV:CMU) Gross Margin %: 0.00% (As of Apr. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TSXV:CMU Comet Industries Ltd TSXV:CMU
25 GF Score
Price C$6.00
GF Value C$0.19
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is Comet Industries Gross Margin %?

Comet Industries TSXV:CMU 25 Gross Margin % is 0.00% as of Apr. 2026. GuruFocus rates TSXV:CMU with a GF Score™ of 25/100 and a GF Value™ of C$0.19 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 1,645 Real Estate companies, Comet Industries ranks worse than 60790.21% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Comet Industries's Gross Profit for the three months ended in Apr. 2026 was C$-0.03 Mil. Comet Industries's Revenue for the three months ended in Apr. 2026 was C$0.00 Mil. Therefore, Comet Industries's Gross Margin % for the quarter that ended in Apr. 2026 was 0.00%.


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


During the past 13 years, the highest Gross Margin % of Comet Industries was 66.49%. The lowest was 33.23%. And the median was 60.37%.

TSXV:CMU's Gross Margin % is not ranked *
in the Real Estate industry.
Industry Median: 36.98
* Ranked among companies with meaningful Gross Margin % only.

Comet Industries had a gross margin of % for the quarter that ended in Apr. 2026 => No sustainable competitive advantage

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


Comet Industries  (TSXV:CMU) 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

Comet Industries had a gross margin of % for the quarter that ended in Apr. 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.


Comet Industries Gross Margin % Related Terms


Comet Industries Gross Margin % Historical Data

* Premium members only.

The historical data trend for Comet Industries'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.

Comet Industries Gross Margin % Chart

Comet Industries Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 47.06 65.02 50.42 0.00 0.00

Comet Industries Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 0.00 0.00 0.00 0.00 0.00

TSXV:CMU vs CBRE, BEKE, JLL: Gross Margin % Comparison

For the Real Estate Services subindustry, Comet Industries'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.


Comet Industries Gross Margin % vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Comet Industries's Gross Margin % distribution charts can be found below:

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


TSXV:CMU
25GF Score
Comet Industries Ltd TSXV:CMU
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Comet Industries Gross Margin % Calculation

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

Comet Industries's Gross Margin for the fiscal year that ended in Jan. 2026 is calculated as

Gross Margin % (A: Jan. 2026 )=Gross Profit (A: Jan. 2026 ) / Revenue (A: Jan. 2026 )
=-0.2 / 0
=(Revenue - Cost of Goods Sold) / Revenue
=(0 - 0.196) / 0
= %

Comet Industries's Gross Margin for the quarter that ended in Apr. 2026 is calculated as


Gross Margin % (Q: Apr. 2026 )=Gross Profit (Q: Apr. 2026 ) / Revenue (Q: Apr. 2026 )
=-0 / 0
=(Revenue - Cost of Goods Sold) / Revenue
=(0 - 0.034) / 0
= %

* 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 0.00% mean?
Comet Industries (TSXV:CMU) has a Gross Margin % of 0.00% as of Apr. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Comet Industries and its competitors. Over the past decade, Comet Industries' Gross Margin % has ranged from 33.23 to 66.49. According to the industry distribution chart, Comet Industries ranks #999999 out of 1645 companies in the Real Estate industry.
Is Comet Industries' Gross Margin % too high?
Comet Industries' current Gross Margin % is 0.00%. Over the past 10 years, this metric has ranged from a low of 33.23 to a high of 66.49. Based on the distribution chart, Comet Industries ranks #999999 out of 1645 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, Comet Industries has a GF Score™ of 25/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Comet Industries' Gross Margin % compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Comet Industries ranks #999999 out of 1645 companies for Gross Margin %. This places Comet Industries in the lower half of its industry. The industry median Gross Margin % is 36.98. Historically, Comet Industries' own Gross Margin % has ranged from 33.23 to 66.49 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 Real Estate company?
The median Gross Margin % among Real Estate companies is 36.98, based on 1,645 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 Comet Industries and its competitors. For the Real Estate industry, the median Gross Margin % is 36.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Comet Industries's current Gross Margin % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Comet Industries stock overvalued right now?
Based on GuruFocus' analysis, Comet Industries (TSXV:CMU) is currently considered Significantly Overvalued. The stock's GF Value™ is C$0.19, compared to a current price of C$6.00 — trading 3057.9% above its estimated fair value. The current Gross Margin % is 0.00%. Comet Industries' overall GF Score™ is 25/100 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 Comet Industries (TSXV:CMU), the current Gross Margin % is 0.00% 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 Comet Industries (TSXV:CMU) Overvalued in 2026?

Based on GuruFocus' analysis, Comet Industries stock appears to be overvalued. The current stock price of C$6.00 is trading 3057.9% above its estimated GF Value™ of C$0.19. GuruFocus considers Comet Industries to be Significantly Overvalued.

Key valuation signals for TSXV:CMU:

  • Gross Margin %: 0.00%
  • GF Value™: C$0.19 vs. price of C$6.00 (3057.9% above fair value)
  • GF Score™: 25/100 with 3 warning signs

No single metric tells the full story. See the TSXV:CMU stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Comet Industries Business Description

Address 1177 West Hastings Street, Suite 1710, Vancouver, BC, CAN, V6E 2L3
Comet Industries Ltd is an exploration-stage company. The Company is engaged in the business of developing properties, including Iron Mask, and holding and managing real properties, all in British Columbia. The company owns unimproved land in Kamloops, Terrace, and Pender Harbor, and a rental property in Vancouver, British Columbia, on a freehold basis. The segments of the company include Investment Properties, Exploration, Properties under Development, and General or Administration. The company generates maximum revenue from the Properties under Development segment.
25GF Score

Get the complete analysis for TSXV:CMU

Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

C$6.00
Price
C$0.19
GF Value