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MeVis Medical Solutions AG (XTER:M3V) Gross Margin % : 97.33% (As of Sep. 2023)


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What is MeVis Medical Solutions AG Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. MeVis Medical Solutions AG's Gross Profit for the six months ended in Sep. 2023 was €8.63 Mil. MeVis Medical Solutions AG's Revenue for the six months ended in Sep. 2023 was €8.87 Mil. Therefore, MeVis Medical Solutions AG's Gross Margin % for the quarter that ended in Sep. 2023 was 97.33%.


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

XTER:M3V' s Gross Margin % Range Over the Past 10 Years
Min: 95.16   Med: 96.55   Max: 97.47
Current: 97.43


During the past 13 years, the highest Gross Margin % of MeVis Medical Solutions AG was 97.47%. The lowest was 95.16%. And the median was 96.55%.

XTER:M3V's Gross Margin % is ranked better than
97.7% of 609 companies
in the Healthcare Providers & Services industry
Industry Median: 41.53 vs XTER:M3V: 97.43

MeVis Medical Solutions AG had a gross margin of 97.33% for the quarter that ended in Sep. 2023 => Durable competitive advantage

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


MeVis Medical Solutions AG Gross Margin % Historical Data

The historical data trend for MeVis Medical Solutions 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.

MeVis Medical Solutions AG Gross Margin % Chart

MeVis Medical Solutions AG Annual Data
Trend Dec13 Dec14 Dec15 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 97.47 96.35 97.30 96.02 97.43

MeVis Medical Solutions AG Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 95.83 97.73 94.59 97.54 97.33

Competitive Comparison of MeVis Medical Solutions AG's Gross Margin %

For the Health Information Services subindustry, MeVis Medical Solutions 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.


MeVis Medical Solutions AG's Gross Margin % Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, MeVis Medical Solutions AG's Gross Margin % distribution charts can be found below:

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



MeVis Medical Solutions AG Gross Margin % Calculation

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

MeVis Medical Solutions AG's Gross Margin for the fiscal year that ended in Sep. 2023 is calculated as

Gross Margin % (A: Sep. 2023 )=Gross Profit (A: Sep. 2023 ) / Revenue (A: Sep. 2023 )
=16.9 / 17.342
=(Revenue - Cost of Goods Sold) / Revenue
=(17.342 - 0.445) / 17.342
=97.43 %

MeVis Medical Solutions AG's Gross Margin for the quarter that ended in Sep. 2023 is calculated as


Gross Margin % (Q: Sep. 2023 )=Gross Profit (Q: Sep. 2023 ) / Revenue (Q: Sep. 2023 )
=8.6 / 8.87
=(Revenue - Cost of Goods Sold) / Revenue
=(8.87 - 0.237) / 8.87
=97.33 %

* 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.


MeVis Medical Solutions AG  (XTER:M3V) 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

MeVis Medical Solutions AG had a gross margin of 97.33% for the quarter that ended in Sep. 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.


MeVis Medical Solutions AG Gross Margin % Related Terms

Thank you for viewing the detailed overview of MeVis Medical Solutions AG's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


MeVis Medical Solutions AG (XTER:M3V) Business Description

Traded in Other Exchanges
Address
Caroline-Herschel-Strasse 1, Bremen, DEU, 28359
MeVis Medical Solutions AG is a provider of medical software products. The company markets its products to equipment manufacturer of medical devices and providers of medical information technology platforms. Its segment includes Digital mammography and Other diagnostics. The Digital mammography segment develops and markets software products which assist in breast diagnostic imaging and intervention. Its Other diagnostics segment consists of digital radiology products. In addition, it also provides the general analysis of radiology images. The company's geographical area of operations includes the United States of America and Europe.

MeVis Medical Solutions AG (XTER:M3V) Headlines

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