CNVAF (Cnova NV) Gross Margin %: 33.77% (As of Dec. 2024)


CNVAF Cnova NV CNVAF
16 GF Score
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What is Cnova NV Gross Margin %?

Cnova NV CNVAF 16 Gross Margin % is 33.77% as of Dec. 2024. GuruFocus rates CNVAF with a GF Score™ of 16/100.

Gross Margin % is calculated as gross profit divided by its revenue. Cnova NV's Gross Profit for the six months ended in Dec. 2024 was $201 Mil. Cnova NV's Revenue for the six months ended in Dec. 2024 was $595 Mil. Therefore, Cnova NV's Gross Margin % for the quarter that ended in Dec. 2024 was 33.77%.


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


CNVAF's Gross Margin % is not ranked *
in the Retail - Cyclical industry.
Industry Median: 36.29
* Ranked among companies with meaningful Gross Margin % only.

Cnova NV had a gross margin of 33.77% for the quarter that ended in Dec. 2024 => Competition eroding margins

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


Cnova NV  (OTCPK:CNVAF) 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

Cnova NV had a gross margin of 33.77% for the quarter that ended in Dec. 2024 => 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.


Cnova NV Gross Margin % Related Terms


Cnova NV Gross Margin % Historical Data

* Premium members only.

The historical data trend for Cnova NV'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.

Cnova NV Gross Margin % Chart

Cnova NV Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 21.30 21.90 23.61 30.26 35.06

Cnova NV Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 24.73 30.57 29.96 36.62 33.77

CNVAF vs AMZN, BABA, PDD: Gross Margin % Comparison

For the Internet Retail subindustry, Cnova NV'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.


Cnova NV Gross Margin % vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Cnova NV's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Cnova NV's Gross Margin % falls into.


CNVAF
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Cnova NV CNVAF
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Cnova NV Gross Margin % Calculation

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

Cnova NV's Gross Margin for the fiscal year that ended in Dec. 2024 is calculated as

Gross Margin % (A: Dec. 2024 )=Gross Profit (A: Dec. 2024 ) / Revenue (A: Dec. 2024 )
=381.5 / 1088.062
=(Revenue - Cost of Goods Sold) / Revenue
=(1088.062 - 706.568) / 1088.062
=35.06 %

Cnova NV's Gross Margin for the quarter that ended in Dec. 2024 is calculated as


Gross Margin % (Q: Dec. 2024 )=Gross Profit (Q: Dec. 2024 ) / Revenue (Q: Dec. 2024 )
=200.9 / 594.873
=(Revenue - Cost of Goods Sold) / Revenue
=(594.873 - 393.968) / 594.873
=33.77 %

* 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 33.77% mean?
Cnova NV (CNVAF) has a Gross Margin % of 33.77% as of Dec. 2024. Gross margin is the ratio of total gross profit to net sales. View historical data on Cnova NV and its competitors.
Is Cnova NV's Gross Margin % too high?
Cnova NV's current Gross Margin % is 33.77%. The Retail - Cyclical industry median Gross Margin % is 36.29. Cnova NV's value of 33.77% is 6.9% below this industry median. Overall, Cnova NV has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Cnova NV's Gross Margin % compare to AMZN and BABA?
Cnova NV's Gross Margin % of 33.77% can be compared against companies in the Retail - Cyclical industry. The industry median Gross Margin % is 36.29. Cnova NV's value of 33.77% is 6.9% 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 a Retail - Cyclical company?
The median Gross Margin % among Retail - Cyclical companies is 36.29, based on 1,113 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. Cnova NV's current Gross Margin % of 33.77% is 6.9% 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 Cnova NV and its competitors. For the Retail - Cyclical industry, the median Gross Margin % is 36.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cnova NV's current Gross Margin % is 33.77%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cnova NV stock overvalued right now?
Cnova NV (CNVAF) has a current Gross Margin % of 33.77%. The current Gross Margin % is 33.77% and 6.9% below the Retail - Cyclical industry median of 36.29. Cnova NV's overall GF Score™ is 16/100. 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 Cnova NV (CNVAF), the current Gross Margin % is 33.77% as of Dec. 2024. 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.

Cnova NV Business Description

Address 120-126, quai de Bacalan, Bordeaux, FRA, 33067
Cnova NV is an e-commerce company. It provides its customers with a value proposition through a low-cost business model that offers attractive pricing, an extensive product assortment, and differentiated delivery and payment solutions. Its product offering categories are home appliances, consumer electronics, computers, home furnishings, leisure, and personal goods.
16GF Score

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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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