The historical rank and industry rank for New Concept Energy's Gross Margin % or its related term are showing as below:
During the past 13 years, the highestGross Margin % of New Concept Energy was -24.45%. The lowest was -131.71%. And the median was -76.27%.
GBR's Gross Margin % is not ranked *
in the Real Estate industry.
Industry Median: 36.83 * Ranked among companies with meaningful Gross Margin % only.
New Concept Energy had a gross margin of N/A% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage
The 5-Year average Growth Rate of Gross Margin for New Concept Energy was 0.00% per year.
New Concept Energy Gross Margin % Historical Data
The historical data trend for New Concept Energy'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 New Concept Energy's Gross Margin %
For the Real Estate Services subindustry, New Concept Energy'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.
New Concept Energy's Gross Margin % Distribution in the Real Estate Industry
For the Real Estate industry and Real Estate sector, New Concept Energy's Gross Margin % distribution charts can be found below:
* The bar in red indicates where New Concept Energy'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.
New Concept Energy (AMEX:GBR) 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
New Concept Energy had a gross margin of N/A% 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.
New Concept Energy Gross Margin % Related Terms
Thank you for viewing the detailed overview of New Concept Energy's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.
New Concept Energy (New Concept Energy) Business Description
New Concept Energy Inc is a United States-based company engaged in Real Estate Operations. The company owns approximately 190 acres of land located in Parkersburg, West Virginia. It operates in one segment, which is real estate rental.
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