Exel IndustriesXPAR:EXE -5.16%67 Gross Margin % is 51.68% as of Mar. 2026, which is 28% above its 10-year median of 40.53. GuruFocus rates XPAR:EXE with a GF Score™ of 67/100 and a GF Value™ of €38.27 (Significantly Undervalued). The stock has 5 warning signs investors should review. Among 209 Farm & Heavy Construction Machinery companies, Exel Industries ranks better than 91.39% on this metric.
The historical rank and industry rank for Exel Industries's Gross Margin % or its related term are showing as below:
XPAR:EXE'
s Gross Margin % Range Over the Past 10 Years
Min: 32.24 Med: 40.53 Max: 48.48
Current: 48.48
During the past 13 years, the highestGross Margin % of Exel Industries was 48.48%. The lowest was 32.24%. And the median was 40.53%.
XPAR:EXE's Gross Margin % is ranked better than 91.39% of 209
companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 25.64
vs XPAR:EXE: 48.48
Exel Industries had a gross margin of 51.68% for the quarter that ended in Mar. 2026 => Durable competitive advantage
The 5-Year average Growth Rate of Gross Margin for Exel Industries was 5.20% per year.
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
Exel Industries had a gross margin of 51.68% 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.
Exel Industries Gross Margin % Related Terms
Exel Industries Gross Margin % Historical Data
* Premium members only.
The historical data trend for Exel 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.
XPAR:EXE vs CAT, DE, PCAR: Gross Margin % Comparison
For the Farm & Heavy Construction Machinery subindustry, Exel 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.
Exel Industries Gross Margin % vs Farm & Heavy Construction Machinery Industry
For the Farm & Heavy Construction Machinery industry and Industrials sector, Exel Industries's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Exel Industries'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.
Exel Industries (XPAR:EXE) has a Gross Margin % of 51.68% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Exel Industries and its competitors. This is 28% above median its historical median of 40.53. Over the past decade, Exel Industries' Gross Margin % has ranged from 32.24 to 48.48. According to the industry distribution chart, Exel Industries ranks #18 out of 209 companies in the Farm & Heavy Construction Machinery industry, placing it in the top 8.6%.
Is Exel Industries' Gross Margin % too high?
Exel Industries' current Gross Margin % of 51.68% is 28% above median its 10-year median of 40.53. Over the past 10 years, this metric has ranged from a low of 32.24 to a high of 48.48. The Farm & Heavy Construction Machinery industry median Gross Margin % is 25.64. Exel Industries' value of 51.68% is 101.6% above this industry median. Based on the distribution chart, Exel Industries ranks #18 out of 209 companies in the Farm & Heavy Construction Machinery industry, which is in the top quartile — a strong position relative to peers. Overall, Exel Industries has a GF Score™ of 67/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Exel Industries' Gross Margin % compare to CAT and DE?
According to the Farm & Heavy Construction Machinery industry distribution chart, Exel Industries ranks #18 out of 209 companies for Gross Margin %. This places Exel Industries in the top 9% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 25.64. Exel Industries' value of 51.68% is 101.6% above this benchmark. Historically, Exel Industries' own Gross Margin % has ranged from 32.24 to 48.48 over the past decade. While the company's 10-year median is 40.53 vs. the industry median of 25.64, Exel 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 a Farm & Heavy Construction Machinery company?
The median Gross Margin % among Farm & Heavy Construction Machinery companies is 25.64, based on 209 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. Exel Industries's current Gross Margin % of 51.68% is 101.6% 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 Exel Industries and its competitors. For the Farm & Heavy Construction Machinery industry, the median Gross Margin % is 25.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Exel Industries's current Gross Margin % is 51.68%, which is 28% above median its own 10-year median of 40.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Exel Industries stock overvalued right now?
Based on GuruFocus' analysis, Exel Industries (XPAR:EXE) is currently considered Significantly Undervalued. The stock's GF Value™ is €38.27, compared to a current price of €20.20 — trading 47.2% below its estimated fair value. The current Gross Margin % is 51.68%, which is 28% above median its 10-year median of 40.53 and 101.6% above the Farm & Heavy Construction Machinery industry median of 25.64. Exel Industries' overall GF Score™ is 67/100 with 5 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 Exel Industries (XPAR:EXE), the current Gross Margin % is 51.68% 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 Exel Industries (XPAR:EXE) Overvalued in 2026?
Based on GuruFocus' analysis, Exel Industries stock appears to be undervalued.
The current stock price of €20.20 is trading 47.2% below its estimated GF Value™ of €38.27.
GuruFocus considers Exel Industries to be Significantly Undervalued.
Key valuation signals for XPAR:EXE:
Gross Margin %: 51.68% (28% above median its 10-year median of 40.53)
GF Value™: €38.27 vs. price of €20.20 (47.2% below fair value)
Industry Position: 101.6% above the Farm & Heavy Construction Machinery median (#18 of 209)
No single metric tells the full story. See the XPAR:EXE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Exel Industries SA is a French company which is active in the business of manufacture of spraying equipment for plant protection for professional, semi-professional and consumer agricultural applications. The company is also engaged in the business of sugar beet harvesting, providing gardening, spraying and watering equipment and industrial precision spraying solutions which cover protection, finishes, lubrication and pollution clean-up. It markets its products under the brand name of Hozelock, Berthoud, Tecnoma, Laser and Cooper Pegler brands, Kremlin rexsons and Sames. The company earns the majority of its revenue from the agricultural equipment business and geographically from Europe region.
67GF Score
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