GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Fortitude Group Inc (OTCPK:FRTD) » Definitions » Gross Margin %

Fortitude Group (Fortitude Group) Gross Margin % : 0.00% (As of Sep. 2010)


View and export this data going back to . Start your Free Trial

What is Fortitude Group Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Fortitude Group's Gross Profit for the three months ended in Sep. 2010 was $0.00 Mil. Fortitude Group's Revenue for the three months ended in Sep. 2010 was $0.00 Mil. Therefore, Fortitude Group's Gross Margin % for the quarter that ended in Sep. 2010 was 0.00%. If there's no value for Cost of Goods Sold, then Gross Margin % is not calculated.


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


FRTD's Gross Margin % is not ranked *
in the Asset Management industry.
Industry Median: 51.905
* Ranked among companies with meaningful Gross Margin % only.

Fortitude Group had a gross margin of N/A% for the quarter that ended in Sep. 2010 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Fortitude Group was 0.00% per year.


Fortitude Group Gross Margin % Historical Data

The historical data trend for Fortitude Group'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.

* Premium members only.

Fortitude Group Gross Margin % Chart

Fortitude Group Annual Data
Trend Dec00 Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Fortitude Group Quarterly Data
Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10
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 - - - - -

Competitive Comparison of Fortitude Group's Gross Margin %

For the Asset Management subindustry, Fortitude Group'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.


Fortitude Group's Gross Margin % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Fortitude Group's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Fortitude Group's Gross Margin % falls into.



Fortitude Group Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue. (Note that if there's no value for Cost of Goods Sold, then Gross Margin % is not calculated.)

Fortitude Group's Gross Margin for the fiscal year that ended in Dec. 2009 is calculated as

Gross Margin % (A: Dec. 2009 )=Gross Profit (A: Dec. 2009 ) / Revenue (A: Dec. 2009 )
=0 / 0
=(Revenue - Cost of Goods Sold) / Revenue
=(0 - 0) / 0
=N/A %

Fortitude Group's Gross Margin for the quarter that ended in Sep. 2010 is calculated as


Gross Margin % (Q: Sep. 2010 )=Gross Profit (Q: Sep. 2010 ) / Revenue (Q: Sep. 2010 )
=0 / 0
=(Revenue - Cost of Goods Sold) / Revenue
=(0 - 0) / 0
=N/A %

* 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.


Fortitude Group  (OTCPK:FRTD) 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

Fortitude Group had a gross margin of N/A% for the quarter that ended in Sep. 2010 => 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.


Fortitude Group Gross Margin % Related Terms

Thank you for viewing the detailed overview of Fortitude Group's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Fortitude Group (Fortitude Group) Business Description

Traded in Other Exchanges
N/A
Address
1001 State Street, Erie, PA, USA, 16501
Fortitude Group Inc is a diversified investment company. It invests in multiple sectors of the economy targeting joint ventures, wholly owned subsidiaries and or majority/minority positions that cross various market segments with the goal of creating a quality company that builds intrinsic value for its shareholders.

Fortitude Group (Fortitude Group) Headlines

No Headlines