Euro Ceramics (BOM:532823) Gross Margin %: -63.34% (As of Mar. 2019)

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BOM:532823 Euro Ceramics Ltd BOM:532823
4 GF Score
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What is Euro Ceramics Gross Margin %?

Euro Ceramics BOM:532823 4 Gross Margin % is -63.34% as of Mar. 2019. GuruFocus rates BOM:532823 with a GF Score™ of 4/100.

Gross Margin % is calculated as gross profit divided by its revenue. Euro Ceramics's Gross Profit for the six months ended in Mar. 2019 was ₹-136.5 Mil. Euro Ceramics's Revenue for the six months ended in Mar. 2019 was ₹215.5 Mil. Therefore, Euro Ceramics's Gross Margin % for the quarter that ended in Mar. 2019 was -63.34%.


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


BOM:532823's Gross Margin % is not ranked *
in the Construction industry.
Industry Median: 20.78
* Ranked among companies with meaningful Gross Margin % only.

Euro Ceramics had a gross margin of -63.34% for the quarter that ended in Mar. 2019 => No sustainable competitive advantage

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


Euro Ceramics  (BOM:532823) 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

Euro Ceramics had a gross margin of -63.34% for the quarter that ended in Mar. 2019 => 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.


Euro Ceramics Gross Margin % Related Terms


Euro Ceramics Gross Margin % Historical Data

* Premium members only.

The historical data trend for Euro Ceramics'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.

Euro Ceramics Gross Margin % Chart

Euro Ceramics Annual Data
Trend Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 48.69 -27.44 -25.86 -19.38 -63.34

Euro Ceramics Semi-Annual Data
Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 48.69 -27.44 -25.86 -19.38 -63.34

BOM:532823 vs CARR, MAS, TREX: Gross Margin % Comparison

For the Building Products & Equipment subindustry, Euro Ceramics'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.


Euro Ceramics Gross Margin % vs Construction Industry

For the Construction industry and Industrials sector, Euro Ceramics's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Euro Ceramics's Gross Margin % falls into.


BOM:532823
4GF Score
Euro Ceramics Ltd BOM:532823
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Euro Ceramics Gross Margin % Calculation

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

Euro Ceramics's Gross Margin for the fiscal year that ended in Mar. 2019 is calculated as

Gross Margin % (A: Mar. 2019 )=Gross Profit (A: Mar. 2019 ) / Revenue (A: Mar. 2019 )
=-136.5 / 215.491
=(Revenue - Cost of Goods Sold) / Revenue
=(215.491 - 351.984) / 215.491
=-63.34 %

Euro Ceramics's Gross Margin for the quarter that ended in Mar. 2019 is calculated as


Gross Margin % (Q: Mar. 2019 )=Gross Profit (Q: Mar. 2019 ) / Revenue (Q: Mar. 2019 )
=-136.5 / 215.491
=(Revenue - Cost of Goods Sold) / Revenue
=(215.491 - 351.984) / 215.491
=-63.34 %

* 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.

Frequently Asked Questions Learn more about Gross Margin % →
What does a Gross Margin % of -63.34% mean?
Euro Ceramics (BOM:532823) has a Gross Margin % of -63.34% as of Mar. 2019. Gross margin is the ratio of total gross profit to net sales. View historical data on Euro Ceramics and its competitors.
Is Euro Ceramics' Gross Margin % too high?
Euro Ceramics' current Gross Margin % is -63.34%. Overall, Euro Ceramics has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Euro Ceramics' Gross Margin % compare to CARR and MAS?
Euro Ceramics' Gross Margin % of -63.34% can be compared against companies in the Construction industry. The industry median Gross Margin % is 20.78. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Margin % for a Construction company?
The median Gross Margin % among Construction companies is 20.78, based on 1,724 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on Euro Ceramics and its competitors. For the Construction industry, the median Gross Margin % is 20.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Euro Ceramics's current Gross Margin % is -63.34%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Euro Ceramics stock overvalued right now?
Euro Ceramics (BOM:532823) has a current Gross Margin % of -63.34%. The current Gross Margin % is -63.34%. Euro Ceramics' overall GF Score™ is 4/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For Euro Ceramics (BOM:532823), the current Gross Margin % is -63.34% as of Mar. 2019. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Euro Ceramics Business Description

Address Vallabhbhai Road, Opposite Railway Station, 208, 2nd Floor, Sangam Arcade, Vile Parle (West), Mumbai, IND, 400 056
Euro Ceramics Ltd is an India based company engaged in the manufacturing and sells of vitrified tiles. It operates in three business segments including Tiles Division, Aluminium Division, and Realty Division. The tiles division, which is the key revenue driver, manufactures products including vitrified tiles, composite marble, sanitary ware products, and bathroom tiles. The company holds a global market presence with the majority of the revenue generated from the Indian market.
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Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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