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Sigmatron International (Sigmatron International) Gross Margin % : 10.35% (As of Jan. 2024)


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What is Sigmatron International Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Sigmatron International's Gross Profit for the three months ended in Jan. 2024 was $9.9 Mil. Sigmatron International's Revenue for the three months ended in Jan. 2024 was $95.9 Mil. Therefore, Sigmatron International's Gross Margin % for the quarter that ended in Jan. 2024 was 10.35%.


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

SGMA' s Gross Margin % Range Over the Past 10 Years
Min: 8.93   Med: 9.77   Max: 12.42
Current: 11.14


During the past 13 years, the highest Gross Margin % of Sigmatron International was 12.42%. The lowest was 8.93%. And the median was 9.77%.

SGMA's Gross Margin % is ranked worse than
81.59% of 2439 companies
in the Hardware industry
Industry Median: 24.41 vs SGMA: 11.14

Sigmatron International had a gross margin of 10.35% for the quarter that ended in Jan. 2024 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Sigmatron International was 6.10% per year.


Sigmatron International Gross Margin % Historical Data

The historical data trend for Sigmatron International'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.

Sigmatron International Gross Margin % Chart

Sigmatron International Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.07 8.93 8.98 11.73 12.42

Sigmatron International Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 12.04 14.23 9.83 9.82 10.35

Competitive Comparison of Sigmatron International's Gross Margin %

For the Electronic Components subindustry, Sigmatron International'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.


Sigmatron International's Gross Margin % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Sigmatron International's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Sigmatron International's Gross Margin % falls into.



Sigmatron International Gross Margin % Calculation

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

Sigmatron International's Gross Margin for the fiscal year that ended in Apr. 2023 is calculated as

Gross Margin % (A: Apr. 2023 )=Gross Profit (A: Apr. 2023 ) / Revenue (A: Apr. 2023 )
=51.5 / 414.436
=(Revenue - Cost of Goods Sold) / Revenue
=(414.436 - 362.982) / 414.436
=12.42 %

Sigmatron International's Gross Margin for the quarter that ended in Jan. 2024 is calculated as


Gross Margin % (Q: Jan. 2024 )=Gross Profit (Q: Jan. 2024 ) / Revenue (Q: Jan. 2024 )
=9.9 / 95.92
=(Revenue - Cost of Goods Sold) / Revenue
=(95.92 - 85.993) / 95.92
=10.35 %

* 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.


Sigmatron International  (NAS:SGMA) 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

Sigmatron International had a gross margin of 10.35% for the quarter that ended in Jan. 2024 => 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.


Sigmatron International Gross Margin % Related Terms

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


Sigmatron International (Sigmatron International) Business Description

Traded in Other Exchanges
Address
2201 Landmeier Road, Elk Grove Village, IL, USA, 60007
Sigmatron International Inc is an independent provider of electronic manufacturing services (EMS). It provides printed circuit board assemblies and completely assembled electronic products. In addition, it also provides automatic and manual assembly and testing of products; material sourcing and procurement; manufacturing and test engineering support; warehousing and distribution services. The company primarily serves the industrial electronics, consumer electronics, and medical sciences industries. It has two reportable segments as an independent provider of electronic manufacturing services ("EMS") and as a provider of products to pet technology ("Pet Tech"). Geographically, it derives a majority of its revenue from Mexico and also has a presence in China and Vietnam.
Executives
John P Sheehan officer: V.P. Director of Materials
Linda K Frauendorfer director, officer: Chief Financial Officer 2201 LANDMEIER ROAD, ELK GROVE VILLAGE IL 60007
James E. Barnes officer: Executive V.P. of Operations C/O SIGMATRON INTERNATIONAL, INC., 2201 LANDMEIER ROAD, ELK GROVE VILLAGE IL 60007
James J Reiman officer: CHIEF FINANCIAL OFFICER C/O SIGMATRON INTERNATIONAL INC., 2201 LANDMEIER RD, ELK GROVE VILLAGE IL 60007
Raj B Upadhyaya officer: Executive Vice President SIGMATRON INTERNATIONAL, INC., 2201 LANDMEIER ROAD, ELK GROVE VILLAGE IL 60007
Gregory A Fairhead officer: Executive V.P. Operations
Gary R Fairhead director, officer: Director, President & CEO 110 S EVERGREEN #6DS, ARLINGTON HEIGHTS IL 60005
Thomas W Rieck director 1401 BROOK DRIVE, DOWNERS GROVE IL 60515
Barry R Horek director 2201 LANDMEIER ROAD, ELK GROVE VILLAGE IL 60007
Bruce J Mantia director 2201 LANDMEIER ROAD, ELK GROVE VILLAGE IL 60007
Paul J Plante director C/O RICHARDSON ELECTRONICS, LTD., PO BOX 393, 40W267 KESLINGER RD., LAFOX IL 60147
Dilip S Vyas director
Daniel P Camp officer: V.P. Acuna Operations 2201 LANDMEIER ROAD, SIGMATRON INTERNATIONAL INC, ELK GROVE VILLAGE IL 60007
Hom-ming Chang officer: V.P. China Operations C/O SIGMATRON INTERNATIONAL, INC., 2201 LANDMEIER ROAD, ELK GROVE VILLAGE IL 60007
Tang Foundation For Reseach Of Traditional Chinese Medicine 10 percent owner C/O SIGMATRON INTERNATIONA INC, 2201 LANDMEIER ROAD, ELK GROVE VILLAGE IL 60007