Cleantek Industries (TSXV:CTEK) Gross Margin %: 59.05% (As of Mar. 2026) — Near Median

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TSXV:CTEK Cleantek Industries Inc TSXV:CTEK
50 GF Score
Price C$0.62
GF Value C$0.24
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Cleantek Industries Gross Margin %?

Cleantek Industries TSXV:CTEK +3.33% 50 Gross Margin % is 59.05% as of Mar. 2026, which is 1% above its 10-year median of 58.66. GuruFocus rates TSXV:CTEK with a GF Score™ of 50/100 and a GF Value™ of C$0.24 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 2,999 Industrial Products companies, Cleantek Industries ranks better than 93.66% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Cleantek Industries's Gross Profit for the three months ended in Mar. 2026 was C$2.08 Mil. Cleantek Industries's Revenue for the three months ended in Mar. 2026 was C$3.51 Mil. Therefore, Cleantek Industries's Gross Margin % for the quarter that ended in Mar. 2026 was 59.05%.


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

TSXV:CTEK' s Gross Margin % Range Over the Past 10 Years
Min: 44.24   Med: 58.66   Max: 61.25
Current: 56.76


During the past 6 years, the highest Gross Margin % of Cleantek Industries was 61.25%. The lowest was 44.24%. And the median was 58.66%.

TSXV:CTEK's Gross Margin % is ranked better than
93.66% of 2999 companies
in the Industrial Products industry
Industry Median: 26.85 vs TSXV:CTEK: 56.76

Cleantek Industries had a gross margin of 59.05% for the quarter that ended in Mar. 2026 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Cleantek Industries was 5.40% per year.


Cleantek Industries  (TSXV:CTEK) 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

Cleantek Industries had a gross margin of 59.05% 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.


Cleantek Industries Gross Margin % Related Terms


Cleantek Industries Gross Margin % Historical Data

* Premium members only.

The historical data trend for Cleantek 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.

Cleantek Industries Gross Margin % Chart

Cleantek Industries Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Gross Margin %
Get a 7-Day Free Trial 51.90 59.41 59.94 61.25 57.91

Cleantek Industries 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 63.32 53.16 57.56 57.15 59.05

TSXV:CTEK vs GEV, ETN, PH: Gross Margin % Comparison

For the Specialty Industrial Machinery subindustry, Cleantek 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.


Cleantek Industries Gross Margin % vs Industrial Products Industry

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

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


TSXV:CTEK
50GF Score
Cleantek Industries Inc TSXV:CTEK
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Cleantek Industries Gross Margin % Calculation

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

Cleantek Industries's Gross Margin for the fiscal year that ended in Dec. 2025 is calculated as

Gross Margin % (A: Dec. 2025 )=Gross Profit (A: Dec. 2025 ) / Revenue (A: Dec. 2025 )
=8 / 13.765
=(Revenue - Cost of Goods Sold) / Revenue
=(13.765 - 5.794) / 13.765
=57.91 %

Cleantek Industries'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 )
=2.1 / 3.514
=(Revenue - Cost of Goods Sold) / Revenue
=(3.514 - 1.439) / 3.514
=59.05 %

* 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 59.05% mean?
Cleantek Industries (TSXV:CTEK) has a Gross Margin % of 59.05% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Cleantek Industries and its competitors. This is near median its historical median of 58.66. Over the past decade, Cleantek Industries' Gross Margin % has ranged from 44.24 to 61.25. According to the industry distribution chart, Cleantek Industries ranks #190 out of 2999 companies in the Industrial Products industry, placing it in the top 6.3%.
Is Cleantek Industries' Gross Margin % too high?
Cleantek Industries' current Gross Margin % of 59.05% is near median its 10-year median of 58.66. Over the past 10 years, this metric has ranged from a low of 44.24 to a high of 61.25. The Industrial Products industry median Gross Margin % is 26.85. Cleantek Industries' value of 59.05% is 119.9% above this industry median. Based on the distribution chart, Cleantek Industries ranks #190 out of 2999 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Cleantek Industries has a GF Score™ of 50/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Cleantek Industries' Gross Margin % compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Cleantek Industries ranks #190 out of 2999 companies for Gross Margin %. This places Cleantek Industries in the top 6% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 26.85. Cleantek Industries' value of 59.05% is 119.9% above this benchmark. Historically, Cleantek Industries' own Gross Margin % has ranged from 44.24 to 61.25 over the past decade. While the company's 10-year median is 58.66 vs. the industry median of 26.85, Cleantek Industries 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 26.85, based on 2,999 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. Cleantek Industries's current Gross Margin % of 59.05% is 119.9% 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 Cleantek Industries and its competitors. For the Industrial Products industry, the median Gross Margin % is 26.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cleantek Industries's current Gross Margin % is 59.05%, which is near median its own 10-year median of 58.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cleantek Industries stock overvalued right now?
Based on GuruFocus' analysis, Cleantek Industries (TSXV:CTEK) is currently considered Significantly Overvalued. The stock's GF Value™ is C$0.24, compared to a current price of C$0.62 — trading 158.3% above its estimated fair value. The current Gross Margin % is 59.05%, which is near median its 10-year median of 58.66 and 119.9% above the Industrial Products industry median of 26.85. Cleantek Industries' overall GF Score™ is 50/100 with 4 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 Cleantek Industries (TSXV:CTEK), the current Gross Margin % is 59.05% 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.

Is Cleantek Industries (TSXV:CTEK) Overvalued in 2026?

Based on GuruFocus' analysis, Cleantek Industries stock appears to be overvalued. The current stock price of C$0.62 is trading 158.3% above its estimated GF Value™ of C$0.24. GuruFocus considers Cleantek Industries to be Significantly Overvalued.

Key valuation signals for TSXV:CTEK:

  • Gross Margin %: 59.05% (near median its 10-year median of 58.66)
  • GF Value™: C$0.24 vs. price of C$0.62 (158.3% above fair value)
  • GF Score™: 50/100 with 4 warning signs
  • Industry Position: 119.9% above the Industrial Products median (#190 of 2999)

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


Cleantek Industries Business Description

Address 520 5th Avenue SW, Suite 1210, Calgary, AB, CAN, T2P 3R7
Cleantek Industries Inc is engaged in the manufacturing and rental of equipment to the oil and gas and construction industries in Western Canada and the United States. Its products include ZeroE, Halo, DZeroE, and SolarHybrid.Li, SolarHybrid, and Stadium Lighting among others. The company's revenue is generated from the rental and service of dehydration units, lighting towers, and lighting systems based on fixed or agreed-upon service contracts with the customer.
50GF Score

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

C$0.62
Price
C$0.24
GF Value