Medistim ASA (FRA:MD1) Gross Margin % : 81.33% (As of Mar. 2024)

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What is Medistim ASA Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Medistim ASA's Gross Profit for the three months ended in Mar. 2024 was €9.43 Mil. Medistim ASA's Revenue for the three months ended in Mar. 2024 was €11.60 Mil. Therefore, Medistim ASA's Gross Margin % for the quarter that ended in Mar. 2024 was 81.33%.

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

FRA:MD1' s Gross Margin % Range Over the Past 10 Years
Min: 74.06 Med: 76.09 Max: 78.82
Current: 78.82

During the past 13 years, the highest Gross Margin % of Medistim ASA was 78.82%. The lowest was 74.06%. And the median was 76.09%.

FRA:MD1's Gross Margin % is ranked better than
88.39% of 801 companies
in the Medical Devices & Instruments industry
Industry Median: 52.83 vs FRA:MD1: 78.82

Medistim ASA had a gross margin of 81.33% for the quarter that ended in Mar. 2024 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Medistim ASA was 0.60% per year.

Medistim ASA Gross Margin % Historical Data

The historical data trend for Medistim ASA'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.

Medistim ASA Gross Margin % Chart

Medistim ASA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Gross Margin %

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77.55

78.50

76.76

78.10

78.45

Medistim ASA Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Gross Margin %	Get a 7-Day Free Trial															79.96	78.24	82.00	73.82	81.33

Competitive Comparison of Medistim ASA's Gross Margin %

For the Medical Devices subindustry, Medistim ASA'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.

Medistim ASA's Gross Margin % Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Medistim ASA's Gross Margin % distribution charts can be found below:

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

Medistim ASA Gross Margin % Calculation

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

Medistim ASA's Gross Margin for the fiscal year that ended in Dec. 2023 is calculated as

Gross Margin % (A: Dec. 2023 )	=	Gross Profit (A: Dec. 2023 )	/	Revenue (A: Dec. 2023 )
	=	35.5	/	45.297
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(45.297 - 9.76)	/	45.297
	=	78.45 %

Medistim ASA's Gross Margin for the quarter that ended in Mar. 2024 is calculated as

Gross Margin % (Q: Mar. 2024 )	=	Gross Profit (Q: Mar. 2024 )	/	Revenue (Q: Mar. 2024 )
	=	9.4	/	11.599
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(11.599 - 2.166)	/	11.599
	=	81.33 %

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.

Medistim ASA (FRA:MD1) 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

Medistim ASA had a gross margin of 81.33% for the quarter that ended in Mar. 2024 => 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.

Medistim ASA Gross Margin % Related Terms

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Medistim ASA (FRA:MD1) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Medistim ASA (FRA:MD1) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

MEDIO:Sweden MEDI:Norway

Address

Okernveien 94, Oslo, NOR, 0579

Website

https://www.medistim.com

Medistim ASA is a medical device company. It is engaged in researching, developing, producing, distributing and sales of medical equipment through its own business or through participation in other companies, as well related activities. The company's business is focused on cardiac and vascular surgery. The group operates in the USA, Europe, Asia and the Rest of the World. The firm's activity is split into three strategic operating units, Lease of equipment; Lease of equipment and Distribution and sales of third-party products.

Medistim ASA (FRA:MD1) Headlines

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