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B Gaon Holdings (XTAE:GAON-M) Gross Margin % : 18.69% (As of Dec. 2023)


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What is B Gaon Holdings Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. B Gaon Holdings's Gross Profit for the three months ended in Dec. 2023 was ₪25.1 Mil. B Gaon Holdings's Revenue for the three months ended in Dec. 2023 was ₪134.4 Mil. Therefore, B Gaon Holdings's Gross Margin % for the quarter that ended in Dec. 2023 was 18.69%.


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

XTAE:GAON-M' s Gross Margin % Range Over the Past 10 Years
Min: 15.78   Med: 16.97   Max: 18.41
Current: 18.41


During the past 8 years, the highest Gross Margin % of B Gaon Holdings was 18.41%. The lowest was 15.78%. And the median was 16.97%.

XTAE:GAON-M's Gross Margin % is ranked worse than
67.36% of 481 companies
in the Conglomerates industry
Industry Median: 25.03 vs XTAE:GAON-M: 18.41

B Gaon Holdings had a gross margin of 18.69% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for B Gaon Holdings was 1.90% per year.


B Gaon Holdings Gross Margin % Historical Data

The historical data trend for B Gaon Holdings'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.

B Gaon Holdings Gross Margin % Chart

B Gaon Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial 16.82 17.11 16.78 17.22 18.41

B Gaon Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 15.49 19.88 15.64 19.58 18.69

Competitive Comparison of B Gaon Holdings's Gross Margin %

For the Conglomerates subindustry, B Gaon Holdings'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.


B Gaon Holdings's Gross Margin % Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, B Gaon Holdings's Gross Margin % distribution charts can be found below:

* The bar in red indicates where B Gaon Holdings's Gross Margin % falls into.



B Gaon Holdings Gross Margin % Calculation

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

B Gaon Holdings'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 )
=116.6 / 633.503
=(Revenue - Cost of Goods Sold) / Revenue
=(633.503 - 516.898) / 633.503
=18.41 %

B Gaon Holdings'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 )
=25.1 / 134.404
=(Revenue - Cost of Goods Sold) / Revenue
=(134.404 - 109.282) / 134.404
=18.69 %

* 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.


B Gaon Holdings  (XTAE:GAON-M) 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

B Gaon Holdings had a gross margin of 18.69% 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.


B Gaon Holdings Gross Margin % Related Terms

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B Gaon Holdings (XTAE:GAON-M) Business Description

Traded in Other Exchanges
N/A
Address
Ariel Sharon 8, Or Yehuda, ISR, 68012
B Gaon Holdings Ltd is a holding company focusing on agro, retail and trade, financial services and real estate businesses. The company offers outgoing travel and tour packages, and leases a line of handheld and PDA electronic devices. It provides solutions in the fields of infrastructure, water and sewage treatment, fuel and gas, industry, desalination and more. The company's products include steel pipes, plastic pipes, valves, ball valves, water meters and more.

B Gaon Holdings (XTAE:GAON-M) Headlines

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