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Frenkel Topping Group (LSE:FEN) Gross Margin % : 43.30% (As of Dec. 2023)


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What is Frenkel Topping Group Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Frenkel Topping Group's Gross Profit for the six months ended in Dec. 2023 was £7.26 Mil. Frenkel Topping Group's Revenue for the six months ended in Dec. 2023 was £16.77 Mil. Therefore, Frenkel Topping Group's Gross Margin % for the quarter that ended in Dec. 2023 was 43.30%.

Warning Sign:

Frenkel Topping Group PLC gross margin has been in long-term decline. The average rate of decline per year is -7.7%.


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

LSE:FEN' s Gross Margin % Range Over the Past 10 Years
Min: 42.26   Med: 58.11   Max: 68.45
Current: 42.26


During the past 13 years, the highest Gross Margin % of Frenkel Topping Group was 68.45%. The lowest was 42.26%. And the median was 58.11%.

LSE:FEN's Gross Margin % is ranked worse than
59.18% of 534 companies
in the Asset Management industry
Industry Median: 52.02 vs LSE:FEN: 42.26

Frenkel Topping Group had a gross margin of 43.30% for the quarter that ended in Dec. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Frenkel Topping Group was -7.70% per year.


Frenkel Topping Group Gross Margin % Historical Data

The historical data trend for Frenkel Topping 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.

Frenkel Topping Group Gross Margin % Chart

Frenkel Topping Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 58.92 54.40 49.10 44.80 42.26

Frenkel Topping Group Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 45.76 45.38 44.34 41.18 43.30

Competitive Comparison of Frenkel Topping Group's Gross Margin %

For the Asset Management subindustry, Frenkel Topping 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.


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

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

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



Frenkel Topping Group Gross Margin % Calculation

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

Frenkel Topping Group's Gross Margin for the fiscal year that ended in Dec. 2023 is calculated as

Gross Margin % (A: Dec. 2023 )=Gross Profit (A: Dec. 2023 ) / Revenue (A: Dec. 2023 )
=13.9 / 32.809
=(Revenue - Cost of Goods Sold) / Revenue
=(32.809 - 18.943) / 32.809
=42.26 %

Frenkel Topping Group's Gross Margin for the quarter that ended in Dec. 2023 is calculated as


Gross Margin % (Q: Dec. 2023 )=Gross Profit (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=7.3 / 16.767
=(Revenue - Cost of Goods Sold) / Revenue
=(16.767 - 9.507) / 16.767
=43.30 %

* 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.


Frenkel Topping Group  (LSE:FEN) 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

Frenkel Topping Group had a gross margin of 43.30% for the quarter that ended in Dec. 2023 => 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.


Frenkel Topping Group Gross Margin % Related Terms

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Frenkel Topping Group (LSE:FEN) Business Description

Traded in Other Exchanges
N/A
Address
15 Carolina Way, Frenkel House, Salford, Manchester, GBR, M50 2ZY
Frenkel Topping Group PLC is a part of the financial services domain in the United Kingdom. Its business involves the provision of specialist independent financial advice and wealth management focused on asset protection. The operating segment includes financial services, Costs Law and Other Professional Services Its primary objective is to grow the assets under management. The company derives revenue mainly from its activities in the United Kingdom.

Frenkel Topping Group (LSE:FEN) Headlines