Neptune Digital AssetsTSXV:NDA -3.17%31 Gross Margin % is 49.19% as of Feb. 2026, which is 20% above its 10-year median of 41.16. GuruFocus rates TSXV:NDA with a GF Score™ of 31/100 and a GF Value™ of C$0.22 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 620 Capital Markets companies, Neptune Digital Assets ranks better than 53.55% on this metric.
TSXV:NDA's Gross Margin % is ranked better than 53.55% of 620
companies
in the Capital Markets industry
Industry Median: 49.63
vs TSXV:NDA: 53.41
Neptune Digital Assets had a gross margin of 49.19% for the quarter that ended in Feb. 2026 => Durable competitive advantage
The 5-Year average Growth Rate of Gross Margin for Neptune Digital Assets was 0.00% per year.
Neptune Digital Assets (TSXV:NDA) 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
Neptune Digital Assets had a gross margin of 49.19% 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.
Neptune Digital Assets Gross Margin % Related Terms
Neptune Digital Assets Gross Margin % Historical Data
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The historical data trend for Neptune Digital Assets'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.
TSXV:NDA vs MS, GS, SCHW: Gross Margin % Comparison
For the Capital Markets subindustry, Neptune Digital Assets'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.
Neptune Digital Assets Gross Margin % vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Neptune Digital Assets's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Neptune Digital Assets'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.
Neptune Digital Assets (TSXV:NDA) has a Gross Margin % of 49.19% as of Feb. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Neptune Digital Assets and its competitors. This is 20% above median its historical median of 41.16. According to the industry distribution chart, Neptune Digital Assets ranks #288 out of 620 companies in the Capital Markets industry, placing it in the top 46.5%.
Is Neptune Digital Assets' Gross Margin % too high?
Neptune Digital Assets' current Gross Margin % of 49.19% is 20% above median its 10-year median of 41.16. The Capital Markets industry median Gross Margin % is 49.63. Neptune Digital Assets' value of 49.19% is 0.9% below this industry median. Based on the distribution chart, Neptune Digital Assets ranks #288 out of 620 companies in the Capital Markets industry, which is above the industry midpoint. Overall, Neptune Digital Assets has a GF Score™ of 31/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Neptune Digital Assets' Gross Margin % compare to MS and GS?
According to the Capital Markets industry distribution chart, Neptune Digital Assets ranks #288 out of 620 companies for Gross Margin %. This puts Neptune Digital Assets in the upper half of its industry. The industry median Gross Margin % is 49.63. Neptune Digital Assets' value of 49.19% is 0.9% below this benchmark. While the company's 10-year median is 41.16 vs. the industry median of 49.63, Neptune Digital Assets 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 Capital Markets company?
The median Gross Margin % among Capital Markets companies is 49.63, based on 620 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. Neptune Digital Assets's current Gross Margin % of 49.19% is 0.9% 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 Neptune Digital Assets and its competitors. For the Capital Markets industry, the median Gross Margin % is 49.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Neptune Digital Assets's current Gross Margin % is 49.19%, which is 20% above median its own 10-year median of 41.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Neptune Digital Assets stock overvalued right now?
Based on GuruFocus' analysis, Neptune Digital Assets (TSXV:NDA) is currently considered Significantly Overvalued. The stock's GF Value™ is C$0.22, compared to a current price of C$0.61 — trading 177.3% above its estimated fair value. The current Gross Margin % is 49.19%, which is 20% above median its 10-year median of 41.16 and 0.9% below the Capital Markets industry median of 49.63. Neptune Digital Assets' overall GF Score™ is 31/100 with 6 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 Neptune Digital Assets (TSXV:NDA), the current Gross Margin % is 49.19% 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 Neptune Digital Assets (TSXV:NDA) Overvalued in 2026?
Based on GuruFocus' analysis, Neptune Digital Assets stock appears to be overvalued.
The current stock price of C$0.61 is trading 177.3% above its estimated GF Value™ of C$0.22.
GuruFocus considers Neptune Digital Assets to be Significantly Overvalued.
Key valuation signals for TSXV:NDA:
Gross Margin %: 49.19% (20% above median its 10-year median of 41.16)
GF Value™: C$0.22 vs. price of C$0.61 (177.3% above fair value)
Industry Position: 0.9% below the Capital Markets median (#288 of 620)
No single metric tells the full story. See the TSXV:NDA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Neptune Digital Assets Corp is engaged in developing, owning, and operating infrastructure for the digital currency ecosystem. Its core assets are digital currencies, and its main business activities include Bitcoin mining, blockchain staking, and node management to generate digital currency rewards, as well as participation in decentralized finance (DeFi) activities. Additionally, the company engages in cash lending with the objective of earning interest. The company operates in Canada and the United States. The majority of the company's bitcoin mining revenue is derived from Canada.
31GF Score
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