The historical rank and industry rank for Waverley Pharma's Gross Margin % or its related term are showing as below:
TSXV:WAVE'
s Gross Margin % Range Over the Past 10 Years
Min: 4.24 Med: 14.02 Max: 22.77
Current: 19.37
During the past 8 years, the highestGross Margin % of Waverley Pharma was 22.77%. The lowest was 4.24%. And the median was 14.02%.
TSXV:WAVE's Gross Margin % is ranked worse than 84.72% of 746
companies
in the Biotechnology industry
Industry Median: 59.74
vs TSXV:WAVE: 19.37
Waverley Pharma had a gross margin of -100.00% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage
The 5-Year average Growth Rate of Gross Margin for Waverley Pharma was 19.90% per year.
Waverley Pharma Gross Margin % Historical Data
The historical data trend for Waverley Pharma'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 Waverley Pharma's Gross Margin %
For the Biotechnology subindustry, Waverley Pharma'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.
Waverley Pharma's Gross Margin % Distribution in the Biotechnology Industry
For the Biotechnology industry and Healthcare sector, Waverley Pharma's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Waverley Pharma'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
Waverley Pharma had a gross margin of -100.00% for the quarter that ended in Dec. 2023 => 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.
Waverley Pharma Gross Margin % Related Terms
Thank you for viewing the detailed overview of Waverley Pharma's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.
Waverley Pharma Inc is a biopharmaceutical company. It is engaged in the research, development, and commercialization of human therapeutics that focuses on oncology. The company products pipeline includes Capecitabine and Temozolomide, among others.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
TSXV:WAVE has been successfully added to your 