The historical rank and industry rank for Kings Entertainment Group's Gross Margin % or its related term are showing as below:
FRA:L12's Gross Margin % is not ranked *
in the Travel & Leisure industry.
Industry Median: 43.52 * Ranked among companies with meaningful Gross Margin % only.
Kings Entertainment Group had a gross margin of 56.01% for the quarter that ended in Sep. 2023 => Durable competitive advantage
Kings Entertainment Group (FRA:L12) 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
Kings Entertainment Group had a gross margin of 56.01% for the quarter that ended in Sep. 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.
Kings Entertainment Group Gross Margin % Related Terms
Kings Entertainment Group Gross Margin % Historical Data
* 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.
FRA:L12 vs DKNG, CHDN, LNW: Gross Margin % Comparison
For the Gambling subindustry, Kings Entertainment 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.
Kings Entertainment Group Gross Margin % vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Kings Entertainment Group's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Kings Entertainment 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.
Kings Entertainment Group (FRA:L12) has a Gross Margin % of 56.01% as of Sep. 2023. Gross margin is the ratio of total gross profit to net sales. View historical data on Kings Entertainment Group and its competitors.
Is Kings Entertainment Group's Gross Margin % too high?
Kings Entertainment Group's current Gross Margin % is 56.01%. The Travel & Leisure industry median Gross Margin % is 43.52. Kings Entertainment Group's value of 56.01% is 28.7% above this industry median.
How does Kings Entertainment Group's Gross Margin % compare to DKNG and CHDN?
Kings Entertainment Group's Gross Margin % of 56.01% can be compared against companies in the Travel & Leisure industry. The industry median Gross Margin % is 43.52. Kings Entertainment Group's value of 56.01% is 28.7% 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 Travel & Leisure company?
The median Gross Margin % among Travel & Leisure companies is 43.52, based on 793 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. Kings Entertainment Group's current Gross Margin % of 56.01% is 28.7% 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 Kings Entertainment Group and its competitors. For the Travel & Leisure industry, the median Gross Margin % is 43.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kings Entertainment Group's current Gross Margin % is 56.01%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kings Entertainment Group stock overvalued right now?
Kings Entertainment Group (FRA:L12) has a current Gross Margin % of 56.01%. The current Gross Margin % is 56.01% and 28.7% above the Travel & Leisure industry median of 43.52. 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 Kings Entertainment Group (FRA:L12), the current Gross Margin % is 56.01% as of Sep. 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.
Kings Entertainment Group Inc is a business-to-consumer service provider that allows users to participate in lotteries and casino-style online games throughout the world. The company operates through multiple established brands and websites, which include www.wintrillions.com, www.trillionaire.com, and www.LottoKings.com. In addition to the lottery services, it offers a connected experience that enables users to play and switch with ease between scratch cards and casino games. The company has only one reportable segment, which is lottery procurement and online casino, and scratchcard. Geographically, it derives revenue from Mexico, Brazil, other Latin American countries, and other regions.
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