The historical rank and industry rank for Electro Cable Egypt's Gross Margin % or its related term are showing as below:
CAI:ELEC's Gross Margin % is not ranked *
in the Industrial Products industry.
Industry Median: 26.79 * Ranked among companies with meaningful Gross Margin % only.
Electro Cable Egypt had a gross margin of 21.33% for the quarter that ended in Jun. 2023 => Competition eroding margins
The 5-Year average Growth Rate of Gross Margin for Electro Cable Egypt was 0.00% per year.
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
Electro Cable Egypt had a gross margin of 21.33% for the quarter that ended in Jun. 2023 => Competition eroding margins
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.
Electro Cable Egypt Gross Margin % Related Terms
Electro Cable Egypt Gross Margin % Historical Data
* Premium members only.
The historical data trend for Electro Cable Egypt'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.
For the Electrical Equipment & Parts subindustry, Electro Cable Egypt'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.
Electro Cable Egypt Gross Margin % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Electro Cable Egypt's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Electro Cable Egypt'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.
Electro Cable Egypt (CAI:ELEC) has a Gross Margin % of 21.33% as of Jun. 2023. Gross margin is the ratio of total gross profit to net sales. View historical data on Electro Cable Egypt and its competitors.
Is Electro Cable Egypt's Gross Margin % too high?
Electro Cable Egypt's current Gross Margin % is 21.33%. The Industrial Products industry median Gross Margin % is 26.79. Electro Cable Egypt's value of 21.33% is 20.4% below this industry median. Overall, Electro Cable Egypt has a GF Score™ of 8/100, reflecting its overall financial health beyond just this single metric.
How does Electro Cable Egypt's Gross Margin % compare to competitors?
Electro Cable Egypt's Gross Margin % of 21.33% can be compared against companies in the Industrial Products industry. The industry median Gross Margin % is 26.79. Electro Cable Egypt's value of 21.33% is 20.4% below this benchmark. 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 an Industrial Products company?
The median Gross Margin % among Industrial Products companies is 26.79, based on 2,997 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. Electro Cable Egypt's current Gross Margin % of 21.33% is 20.4% below the industry median. 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 Electro Cable Egypt and its competitors. For the Industrial Products industry, the median Gross Margin % is 26.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Electro Cable Egypt's current Gross Margin % is 21.33%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Electro Cable Egypt stock overvalued right now?
Electro Cable Egypt (CAI:ELEC) has a current Gross Margin % of 21.33%. The current Gross Margin % is 21.33% and 20.4% below the Industrial Products industry median of 26.79. Electro Cable Egypt's overall GF Score™ is 8/100. 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 Electro Cable Egypt (CAI:ELEC), the current Gross Margin % is 21.33% as of Jun. 2023. 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.
Electro Cable Egypt manufactures and markets power cables and telecommunication cables. Its products portfolio includes Enamelled Copper Wires, Overhead Bare Conductors, Telephone Wires and Cables and others.
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