Vimi Fasteners SpA (MIL:VIM) Gross Margin % : 37.14% (As of Jun. 2023)

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What is Vimi Fasteners SpA Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Vimi Fasteners SpA's Gross Profit for the six months ended in Jun. 2023 was €11.22 Mil. Vimi Fasteners SpA's Revenue for the six months ended in Jun. 2023 was €30.21 Mil. Therefore, Vimi Fasteners SpA's Gross Margin % for the quarter that ended in Jun. 2023 was 37.14%.

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

MIL:VIM' s Gross Margin % Range Over the Past 10 Years
Min: 37.08 Med: 37.68 Max: 39.82
Current: 37.95

During the past 8 years, the highest Gross Margin % of Vimi Fasteners SpA was 39.82%. The lowest was 37.08%. And the median was 37.68%.

MIL:VIM's Gross Margin % is ranked better than
76.92% of 2938 companies
in the Industrial Products industry
Industry Median: 26.39 vs MIL:VIM: 37.95

Vimi Fasteners SpA had a gross margin of 37.14% for the quarter that ended in Jun. 2023 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Vimi Fasteners SpA was 0.30% per year.

Vimi Fasteners SpA Gross Margin % Historical Data

The historical data trend for Vimi Fasteners SpA'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.

Vimi Fasteners SpA Gross Margin % Chart

Vimi Fasteners SpA Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Gross Margin %

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37.08

37.39

37.36

39.82

37.68

Vimi Fasteners SpA Semi-Annual Data
	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Gross Margin %	Get a 7-Day Free Trial									43.68	36.17	36.44	38.87	37.14

Competitive Comparison of Vimi Fasteners SpA's Gross Margin %

For the Tools & Accessories subindustry, Vimi Fasteners SpA'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.

Vimi Fasteners SpA's Gross Margin % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Vimi Fasteners SpA's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Vimi Fasteners SpA's Gross Margin % falls into.

Vimi Fasteners SpA Gross Margin % Calculation

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

Vimi Fasteners SpA's Gross Margin for the fiscal year that ended in Dec. 2022 is calculated as

Gross Margin % (A: Dec. 2022 )	=	Gross Profit (A: Dec. 2022 )	/	Revenue (A: Dec. 2022 )
	=	19.7	/	52.191
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(52.191 - 32.528)	/	52.191
	=	37.68 %

Vimi Fasteners SpA's Gross Margin for the quarter that ended in Jun. 2023 is calculated as

Gross Margin % (Q: Jun. 2023 )	=	Gross Profit (Q: Jun. 2023 )	/	Revenue (Q: Jun. 2023 )
	=	11.2	/	30.209
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(30.209 - 18.988)	/	30.209
	=	37.14 %

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.

Vimi Fasteners SpA (MIL:VIM) 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

Vimi Fasteners SpA had a gross margin of 37.14% for the quarter that ended in Jun. 2023 => Competition eroding margins

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.

Vimi Fasteners SpA Gross Margin % Related Terms

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Vimi Fasteners SpA (MIL:VIM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Vimi Fasteners SpA (MIL:VIM) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Via Labriola, 19, Novellara, Reggio Emilia, ITA, 42017

Website

http://www.vimifasteners.com

Vimi Fasteners SpA is an Italy based company. It is engaged in design and manufacture of mechanical fasteners. The company serves different markets namely Automotive, Industrial Engines and Vehicles, Oil and Gas and Aerospace and Motorsport. The company offers Turbocharger, Engine, Manifold and Exhaust System, Power Transmission, Braking System and Suspension and Wheel. The company products are crankcase screws and studs, cylinder head screws, flywheel bolts and others.

Vimi Fasteners SpA (MIL:VIM) Headlines

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