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Volex (FRA:64K) Gross Margin % : 21.83% (As of Sep. 2024)


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What is Volex Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Volex's Gross Profit for the six months ended in Sep. 2024 was €101.9 Mil. Volex's Revenue for the six months ended in Sep. 2024 was €466.9 Mil. Therefore, Volex's Gross Margin % for the quarter that ended in Sep. 2024 was 21.83%.


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

FRA:64K' s Gross Margin % Range Over the Past 10 Years
Min: 13.25   Med: 20.12   Max: 23.44
Current: 21.74


During the past 13 years, the highest Gross Margin % of Volex was 23.44%. The lowest was 13.25%. And the median was 20.12%.

FRA:64K's Gross Margin % is ranked worse than
63.26% of 2934 companies
in the Industrial Products industry
Industry Median: 26.76 vs FRA:64K: 21.74

Volex had a gross margin of 21.83% for the quarter that ended in Sep. 2024 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Volex was 0.70% per year.


Volex Gross Margin % Historical Data

The historical data trend for Volex'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.

* Premium members only.

Volex Gross Margin % Chart

Volex Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 23.17 23.44 20.47 21.72 22.22

Volex Semi-Annual Data
Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
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 20.59 22.83 22.94 21.66 21.83

Competitive Comparison of Volex's Gross Margin %

For the Electrical Equipment & Parts subindustry, Volex'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.


Volex's Gross Margin % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Volex's Gross Margin % distribution charts can be found below:

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



Volex Gross Margin % Calculation

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

Volex's Gross Margin for the fiscal year that ended in Mar. 2024 is calculated as

Gross Margin % (A: Mar. 2024 )=Gross Profit (A: Mar. 2024 ) / Revenue (A: Mar. 2024 )
=186.6 / 839.776
=(Revenue - Cost of Goods Sold) / Revenue
=(839.776 - 653.2) / 839.776
=22.22 %

Volex's Gross Margin for the quarter that ended in Sep. 2024 is calculated as


Gross Margin % (Q: Sep. 2024 )=Gross Profit (Q: Sep. 2024 ) / Revenue (Q: Sep. 2024 )
=101.9 / 466.898
=(Revenue - Cost of Goods Sold) / Revenue
=(466.898 - 364.995) / 466.898
=21.83 %

* 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.


Volex  (FRA:64K) 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

Volex had a gross margin of 21.83% for the quarter that ended in Sep. 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.


Volex Gross Margin % Related Terms

Thank you for viewing the detailed overview of Volex's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Volex Business Description

Traded in Other Exchanges
Address
Unit C1 Antura, Bond Close, Basingstoke, Hampshire, GBR, RG24 8PZ
Volex PLC is a manufacturer and supplier of power and data cables. The company's product offerings include power cords, plugs, connectors, consumer cable harnesses, and data center power cables among others. It is also engaged in providing electric vehicle charging solutions, and integrated manufacturing services serving various industries such as consumer electronics, medical equipment, data centers, telecommunications, industrial robotics, and the automotive industry. The company's geographical segments are North America which generates maximum revenue, Asia, and Europe.

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