MJL Bangladesh PLC gross margin has been in long-term decline. The average rate of decline per year is -4.4%.
The historical rank and industry rank for MJL Bangladesh's Gross Margin % or its related term are showing as below:
DHA:MJLBD'
s Gross Margin % Range Over the Past 10 Years
Min: 17.75 Med: 23.1 Max: 33.24
Current: 20.03
During the past 13 years, the highestGross Margin % of MJL Bangladesh was 33.24%. The lowest was 17.75%. And the median was 23.10%.
DHA:MJLBD's Gross Margin % is ranked worse than 60.63% of 927
companies
in the Oil & Gas industry
Industry Median: 28
vs DHA:MJLBD: 20.03
MJL Bangladesh had a gross margin of 15.54% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage
The 5-Year average Growth Rate of Gross Margin for MJL Bangladesh was -4.40% per year.
MJL Bangladesh Gross Margin % Historical Data
The historical data trend for MJL Bangladesh'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.
Competitive Comparison of MJL Bangladesh's Gross Margin %
For the Oil & Gas Refining & Marketing subindustry, MJL Bangladesh'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.
MJL Bangladesh's Gross Margin % Distribution in the Oil & Gas Industry
For the Oil & Gas industry and Energy sector, MJL Bangladesh's Gross Margin % distribution charts can be found below:
* The bar in red indicates where MJL Bangladesh'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.
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
MJL Bangladesh had a gross margin of 15.54% for the quarter that ended in Mar. 2024 => 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.
MJL Bangladesh Gross Margin % Related Terms
Thank you for viewing the detailed overview of MJL Bangladesh's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.
MJL Bangladesh PLC is engaged in the process, manufacture trade of lubricants, blending, marketing of lubricants and grease products. the company has bifurcated the revenues in Oil Tanker, the Manufacturing Unit, which generates the majority of revenue, and Trading Unit. Its automotive lubricants include Car Engine Oils, Motorcycle Engine Oils, Bus & Truck Engine Oils, Gear Oils, and Others. It also produces Industrial & Specialty Lubricants which includes Greases, Compressor Oils, Aviation Products, and others. It serves various industries, some of which include agriculture, automotive, construction, natural gas, and commercial industries. The majority of the revenue is generated from the domestic market but the company also exports some of its products in the International market.
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