Paragon Care (FRA:PXS) Gross Margin % : 41.43% (As of Dec. 2023)

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What is Paragon Care Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Paragon Care's Gross Profit for the six months ended in Dec. 2023 was €40.6 Mil. Paragon Care's Revenue for the six months ended in Dec. 2023 was €97.9 Mil. Therefore, Paragon Care's Gross Margin % for the quarter that ended in Dec. 2023 was 41.43%.

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

FRA:PXS' s Gross Margin % Range Over the Past 10 Years
Min: 37.47 Med: 40.17 Max: 48.09
Current: 41.2

During the past 13 years, the highest Gross Margin % of Paragon Care was 48.09%. The lowest was 37.47%. And the median was 40.17%.

FRA:PXS's Gross Margin % is ranked better than
85.42% of 96 companies
in the Medical Distribution industry
Industry Median: 16.365 vs FRA:PXS: 41.20

Paragon Care had a gross margin of 41.43% for the quarter that ended in Dec. 2023 => Durable competitive advantage

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

Paragon Care Gross Margin % Historical Data

The historical data trend for Paragon Care'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.

Paragon Care Gross Margin % Chart

Paragon Care Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Gross Margin %

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40.28

37.47

38.29

41.48

41.06

Paragon Care Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Gross Margin %	Get a 7-Day Free Trial															41.99	41.06	41.16	40.96	41.43

Competitive Comparison of Paragon Care's Gross Margin %

For the Medical Distribution subindustry, Paragon Care'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.

Paragon Care's Gross Margin % Distribution in the Medical Distribution Industry

For the Medical Distribution industry and Healthcare sector, Paragon Care's Gross Margin % distribution charts can be found below:

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

Paragon Care Gross Margin % Calculation

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

Paragon Care's Gross Margin for the fiscal year that ended in Jun. 2023 is calculated as

Gross Margin % (A: Jun. 2023 )	=	Gross Profit (A: Jun. 2023 )	/	Revenue (A: Jun. 2023 )
	=	78.2	/	190.565
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(190.565 - 112.317)	/	190.565
	=	41.06 %

Paragon Care's Gross Margin for the quarter that ended in Dec. 2023 is calculated as

Gross Margin % (Q: Dec. 2023 )	=	Gross Profit (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	40.6	/	97.876
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(97.876 - 57.324)	/	97.876
	=	41.43 %

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.

Paragon Care (FRA:PXS) 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

Paragon Care had a gross margin of 41.43% for the quarter that ended in Dec. 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.

Paragon Care Gross Margin % Related Terms

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Paragon Care (FRA:PXS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Distribution » Paragon Care Ltd (FRA:PXS) » Definitions » Gross Margin %

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Traded in Other Exchanges

PGC:Australia

Address

77-97 Ricketts Road, Mount Waverley, VIC, AUS, 3149

Website

http://www.paragoncare.com.au

Paragon Care Ltd is a medical device company. It is a provider of medical equipment, devices, and consumables to the healthcare market. The company provides solutions to various healthcare markets Aged care; Hospital and Acute care; Primary Care; Eye Care; Storage Solutions; and E-Health. The group is organized into four operating segments: Diagnostic and Scientific, Devices, Capital and Consumables, and Service and Technology and the majority of its revenues are generated from services and technology.