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.
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.
California NanotechnologiesTSXV:CNO -2.86%41 Gross Margin % is 60.83% as of Feb. 2026, which is 8% below its 10-year median of 65.99. GuruFocus rates TSXV:CNO with a GF Score™ of 41/100 and a GF Value™ of C$0.30 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 1,559 Chemicals companies, California Nanotechnologies ranks better than 93.01% on this metric.
California Nanotechnologies (TSXV:CNO) 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
California Nanotechnologies had a gross margin of 60.83% for the quarter that ended in Feb. 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.
California Nanotechnologies Gross Margin % Related Terms
California Nanotechnologies Gross Margin % Historical Data
* 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.
TSXV:CNO vs LIN, SHW, ECL: Gross Margin % Comparison
For the Specialty Chemicals subindustry, California Nanotechnologies'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.
California Nanotechnologies Gross Margin % vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, California Nanotechnologies's Gross Margin % distribution charts can be found below:
* The bar in red indicates where California Nanotechnologies'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.
California Nanotechnologies (TSXV:CNO) has a Gross Margin % of 60.83% as of Feb. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on California Nanotechnologies and its competitors. This is near median its historical median of 65.99. Over the past decade, California Nanotechnologies' Gross Margin % has ranged from 53.73 to 73.77. According to the industry distribution chart, California Nanotechnologies ranks #109 out of 1559 companies in the Chemicals industry, placing it in the top 7%.
Is California Nanotechnologies' Gross Margin % too high?
California Nanotechnologies' current Gross Margin % of 60.83% is near median its 10-year median of 65.99. Over the past 10 years, this metric has ranged from a low of 53.73 to a high of 73.77. The Chemicals industry median Gross Margin % is 23.52. California Nanotechnologies' value of 60.83% is 158.6% above this industry median. Based on the distribution chart, California Nanotechnologies ranks #109 out of 1559 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, California Nanotechnologies has a GF Score™ of 41/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does California Nanotechnologies' Gross Margin % compare to LIN and SHW?
According to the Chemicals industry distribution chart, California Nanotechnologies ranks #109 out of 1559 companies for Gross Margin %. This places California Nanotechnologies in the top 7% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 23.52. California Nanotechnologies' value of 60.83% is 158.6% above this benchmark. Historically, California Nanotechnologies' own Gross Margin % has ranged from 53.73 to 73.77 over the past decade. While the company's 10-year median is 65.99 vs. the industry median of 23.52, California Nanotechnologies 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 Chemicals company?
The median Gross Margin % among Chemicals companies is 23.52, based on 1,559 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. California Nanotechnologies's current Gross Margin % of 60.83% is 158.6% 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 California Nanotechnologies and its competitors. For the Chemicals industry, the median Gross Margin % is 23.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. California Nanotechnologies's current Gross Margin % is 60.83%, which is near median its own 10-year median of 65.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is California Nanotechnologies stock overvalued right now?
Based on GuruFocus' analysis, California Nanotechnologies (TSXV:CNO) is currently considered Modestly Overvalued. The stock's GF Value™ is C$0.30, compared to a current price of C$0.34 — trading 13.3% above its estimated fair value. The current Gross Margin % is 60.83%, which is near median its 10-year median of 65.99 and 158.6% above the Chemicals industry median of 23.52. California Nanotechnologies' overall GF Score™ is 41/100 with 7 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 California Nanotechnologies (TSXV:CNO), the current Gross Margin % is 60.83% as of Feb. 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 California Nanotechnologies (TSXV:CNO) Overvalued in 2026?
Based on GuruFocus' analysis, California Nanotechnologies stock appears to be overvalued.
The current stock price of C$0.34 is trading 13.3% above its estimated GF Value™ of C$0.30.
GuruFocus considers California Nanotechnologies to be Modestly Overvalued.
Key valuation signals for TSXV:CNO:
Gross Margin %: 60.83% (near median its 10-year median of 65.99)
GF Value™: C$0.30 vs. price of C$0.34 (13.3% above fair value)
Industry Position: 158.6% above the Chemicals median (#109 of 1559)
No single metric tells the full story. See the TSXV:CNO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
California Nanotechnologies Corp engages in the production, and research and development of nanostructured components and materials. Its products include High-Strength Graphite Spark tooling, Plasma Sintering Tooling, Tungsten Carbide Tooling, Carbon Graphite Foil, Carbon Felt and Yarn, and others.
41GF Score
Get the complete analysis for TSXV:CNO
Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TSXV:CNO has been successfully added to your 
