SELECT * FROM `stock_list` WHERE `symbol` = "FKWL" and stock_list.exchange IN (SELECT exchange FROM gurufocu_main.stock_list_exchanges where country='USA' and active=1) limit 0,1 SELECT * FROM `stock_list` where symbol='FKWL' AND exchange = 'NAS' limit 0,1 SELECT * FROM `stock_list` WHERE `symbol` = "FKWL" and stock_list.exchange IN (SELECT exchange FROM gurufocu_main.stock_list_exchanges where country='USA' and active=1) limit 0,1
FKWL (Franklin Wireless) Gross Margin %
Franklin Wireless Corp gross margin has been in long-term decline. The average rate of decline per year is -1.9%.
The historical rank and industry rank for Franklin Wireless's Gross Margin % or its related term are showing as below:
FKWL'
s Gross Margin % Range Over the Past 10 Years
Min: 14.15 Med: 16.94 Max: 19.35
Current: 14.42
During the past 13 years, the highestGross Margin % of Franklin Wireless was 19.35%. The lowest was 14.15%. And the median was 16.94%.
FKWL's Gross Margin % is ranked worse than 74.29% of 2439
companies
in the Hardware industry
Industry Median: 24.37
vs FKWL: 14.42
Franklin Wireless had a gross margin of 9.46% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage
The 5-Year average Growth Rate of Gross Margin for Franklin Wireless was -1.90% per year.
Franklin Wireless Gross Margin % Historical Data
The historical data trend for Franklin Wireless'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 Franklin Wireless's Gross Margin %
For the Communication Equipment subindustry, Franklin Wireless'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.
Franklin Wireless's Gross Margin % Distribution in the Hardware Industry
For the Hardware industry and Technology sector, Franklin Wireless's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Franklin Wireless'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.
Franklin Wireless (NAS:FKWL) 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
Franklin Wireless had a gross margin of 9.46% 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.
Franklin Wireless Gross Margin % Related Terms
Thank you for viewing the detailed overview of Franklin Wireless's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.
Franklin Wireless (Franklin Wireless) Business Description
Franklin Wireless Corp is a provider of wireless solutions, including mobile hotspots, routers, and modems, as well as hardware and software products that support machine-to-machine (M2M) applications and the Internet of Things (IoT). Its M2M and IoT solutions include embedded modules, modems, and gateways built to deliver reliable always-on connectivity supporting a spectrum of applications. These products are designed to solve wireless connectivity challenges in a range of vertical markets, including video surveillance, digital signage, home security, oil and gas exploration, kiosks, fleet management, smart grid, vehicle diagnostics, and telematics.
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