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Miba AG (WBO:MBV) Gross Margin % : 59.42% (As of Jul. 2015)


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What is Miba AG Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Miba AG's Gross Profit for the three months ended in Jul. 2015 was €109.85 Mil. Miba AG's Revenue for the three months ended in Jul. 2015 was €184.87 Mil. Therefore, Miba AG's Gross Margin % for the quarter that ended in Jul. 2015 was 59.42%.


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

WBO:MBV' s Gross Margin % Range Over the Past 10 Years
Min: 54.29   Med: 59.36   Max: 62.56
Current: 61.08


During the past 6 years, the highest Gross Margin % of Miba AG was 62.56%. The lowest was 54.29%. And the median was 59.36%.

WBO:MBV's Gross Margin % is not ranked
in the Vehicles & Parts industry.
Industry Median: 19.67 vs WBO:MBV: 61.08

Miba AG had a gross margin of 59.42% for the quarter that ended in Jul. 2015 => Durable competitive advantage

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


Miba AG Gross Margin % Historical Data

The historical data trend for Miba AG'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.

Miba AG Gross Margin % Chart

Miba AG Annual Data
Trend Jan10 Jan11 Jan12 Jan13 Jan14 Jan15
Gross Margin %
Get a 7-Day Free Trial 59.42 54.29 57.91 59.29 60.24

Miba AG Quarterly Data
Oct10 Jan11 Apr11 Jul11 Oct11 Jan12 Apr12 Jul12 Oct12 Jan13 Apr13 Jul13 Oct13 Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Jul15
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 58.83 59.83 63.21 61.88 59.42

Competitive Comparison of Miba AG's Gross Margin %

For the Auto Parts subindustry, Miba AG'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.


Miba AG's Gross Margin % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Miba AG's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Miba AG's Gross Margin % falls into.



Miba AG Gross Margin % Calculation

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

Miba AG's Gross Margin for the fiscal year that ended in Jan. 2015 is calculated as

Gross Margin % (A: Jan. 2015 )=Gross Profit (A: Jan. 2015 ) / Revenue (A: Jan. 2015 )
=403.2 / 669.302
=(Revenue - Cost of Goods Sold) / Revenue
=(669.302 - 266.1) / 669.302
=60.24 %

Miba AG's Gross Margin for the quarter that ended in Jul. 2015 is calculated as


Gross Margin % (Q: Jul. 2015 )=Gross Profit (Q: Jul. 2015 ) / Revenue (Q: Jul. 2015 )
=109.9 / 184.874
=(Revenue - Cost of Goods Sold) / Revenue
=(184.874 - 75.024) / 184.874
=59.42 %

* 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.


Miba AG  (WBO:MBV) 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

Miba AG had a gross margin of 59.42% for the quarter that ended in Jul. 2015 => 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.


Miba AG Gross Margin % Related Terms

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Miba AG (WBO:MBV) Business Description

Traded in Other Exchanges
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Address
Miba AG along with its subsidiaries manufactures & develops components for engines & automotive industries. It offers sintered components, engine bearings, friction materials, power electronics components and coatings.

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