The historical rank and industry rank for Auto Parts 4Less Group's Gross Margin % or its related term are showing as below:
FLES's Gross Margin % is not ranked *
in the Vehicles & Parts industry.
Industry Median: 19.84 * Ranked among companies with meaningful Gross Margin % only.
Auto Parts 4Less Group had a gross margin of 73.61% for the quarter that ended in Oct. 2023 => Durable competitive advantage
The 5-Year average Growth Rate of Gross Margin for Auto Parts 4Less Group was 0.00% per year.
Auto Parts 4Less Group (OTCPK:FLES) 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
Auto Parts 4Less Group had a gross margin of 73.61% for the quarter that ended in Oct. 2023 => Durable 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.
Auto Parts 4Less Group Gross Margin % Related Terms
Auto Parts 4Less Group Gross Margin % Historical Data
* Premium members only.
The historical data trend for Auto Parts 4Less Group'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.
FLES vs REII, MBLY, APTV: Gross Margin % Comparison
For the Auto Parts subindustry, Auto Parts 4Less Group'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.
Auto Parts 4Less Group Gross Margin % vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Auto Parts 4Less Group's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Auto Parts 4Less Group'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.
Auto Parts 4Less Group (FLES) has a Gross Margin % of 73.61% as of Oct. 2023. Gross margin is the ratio of total gross profit to net sales. View historical data on Auto Parts 4Less Group and its competitors.
Is Auto Parts 4Less Group's Gross Margin % too high?
Auto Parts 4Less Group's current Gross Margin % is 73.61%. The Vehicles & Parts industry median Gross Margin % is 19.84. Auto Parts 4Less Group's value of 73.61% is 271% above this industry median. Overall, Auto Parts 4Less Group has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Auto Parts 4Less Group's Gross Margin % compare to REII and MBLY?
Auto Parts 4Less Group's Gross Margin % of 73.61% can be compared against companies in the Vehicles & Parts industry. The industry median Gross Margin % is 19.84. Auto Parts 4Less Group's value of 73.61% is 271% above 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 Vehicles & Parts company?
The median Gross Margin % among Vehicles & Parts companies is 19.84, based on 1,311 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. Auto Parts 4Less Group's current Gross Margin % of 73.61% is 271% above 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 Auto Parts 4Less Group and its competitors. For the Vehicles & Parts industry, the median Gross Margin % is 19.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Auto Parts 4Less Group's current Gross Margin % is 73.61%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Auto Parts 4Less Group stock overvalued right now?
Auto Parts 4Less Group (FLES) has a current Gross Margin % of 73.61%. The current Gross Margin % is 73.61% and 271% above the Vehicles & Parts industry median of 19.84. Auto Parts 4Less Group's overall GF Score™ is 12/100. 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 Auto Parts 4Less Group (FLES), the current Gross Margin % is 73.61% as of Oct. 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.
Auto Parts 4Less Group Inc is an e-commerce auto parts sales company. It offers parts and accessories that are manufactured, sold, and distributed for cars, light trucks, and other passenger vehicles motorcycles, all-terrain vehicles, utility terrain vehicles, boats, and others.
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