Ege Endustri ve Ticaret AS (IST:EGEEN) Gross Margin %: 20.50% (As of Dec. 2023)


IST:EGEEN Ege Endustri ve Ticaret AS IST:EGEEN
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What is Ege Endustri ve Ticaret AS Gross Margin %?

Ege Endustri ve Ticaret AS IST:EGEEN +3.17% 5 Gross Margin % is 20.50% as of Dec. 2023. GuruFocus rates IST:EGEEN with a GF Score™ of 5/100.

Gross Margin % is calculated as gross profit divided by its revenue. Ege Endustri ve Ticaret AS's Gross Profit for the three months ended in Dec. 2023 was ₺330 Mil. Ege Endustri ve Ticaret AS's Revenue for the three months ended in Dec. 2023 was ₺1,609 Mil. Therefore, Ege Endustri ve Ticaret AS's Gross Margin % for the quarter that ended in Dec. 2023 was 20.50%.


The historical rank and industry rank for Ege Endustri ve Ticaret AS's Gross Margin % or its related term are showing as below:


IST:EGEEN's Gross Margin % is not ranked *
in the Vehicles & Parts industry.
Industry Median: 19.83
* Ranked among companies with meaningful Gross Margin % only.

Ege Endustri ve Ticaret AS had a gross margin of 20.50% for the quarter that ended in Dec. 2023 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Ege Endustri ve Ticaret AS was 0.00% per year.


Ege Endustri ve Ticaret AS  (IST:EGEEN) 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

Ege Endustri ve Ticaret AS had a gross margin of 20.50% for the quarter that ended in Dec. 2023 => 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.


Ege Endustri ve Ticaret AS Gross Margin % Related Terms


Ege Endustri ve Ticaret AS Gross Margin % Historical Data

* Premium members only.

The historical data trend for Ege Endustri ve Ticaret AS'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.

Ege Endustri ve Ticaret AS Gross Margin % Chart

Ege Endustri ve Ticaret AS Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 39.92 41.69 40.51 30.20 30.61

Ege Endustri ve Ticaret AS Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 24.27 30.64 39.29 41.41 20.50

IST:EGEEN vs GPC, MBLY, APTV: Gross Margin % Comparison

For the Auto Parts subindustry, Ege Endustri ve Ticaret AS'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.


Ege Endustri ve Ticaret AS Gross Margin % vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Ege Endustri ve Ticaret AS's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Ege Endustri ve Ticaret AS's Gross Margin % falls into.


IST:EGEEN
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Ege Endustri ve Ticaret AS IST:EGEEN
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Ege Endustri ve Ticaret AS Gross Margin % Calculation

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

Ege Endustri ve Ticaret AS'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 )
=1196.4 / 3908.932
=(Revenue - Cost of Goods Sold) / Revenue
=(3908.932 - 2712.511) / 3908.932
=30.61 %

Ege Endustri ve Ticaret AS'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 )
=329.8 / 1608.568
=(Revenue - Cost of Goods Sold) / Revenue
=(1608.568 - 1278.74) / 1608.568
=20.50 %

* 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.

Frequently Asked Questions Learn more about Gross Margin % →
What does a Gross Margin % of 20.50% mean?
Ege Endustri ve Ticaret AS (IST:EGEEN) has a Gross Margin % of 20.50% as of Dec. 2023. Gross margin is the ratio of total gross profit to net sales. View historical data on Ege Endustri ve Ticaret AS and its competitors.
Is Ege Endustri ve Ticaret AS's Gross Margin % too high?
Ege Endustri ve Ticaret AS's current Gross Margin % is 20.50%. The Vehicles & Parts industry median Gross Margin % is 19.83. Ege Endustri ve Ticaret AS's value of 20.50% is 3.4% above this industry median. Overall, Ege Endustri ve Ticaret AS has a GF Score™ of 5/100, reflecting its overall financial health beyond just this single metric.
How does Ege Endustri ve Ticaret AS's Gross Margin % compare to GPC and MBLY?
Ege Endustri ve Ticaret AS's Gross Margin % of 20.50% can be compared against companies in the Vehicles & Parts industry. The industry median Gross Margin % is 19.83. Ege Endustri ve Ticaret AS's value of 20.50% is 3.4% 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 19.83, based on 1,309 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. Ege Endustri ve Ticaret AS's current Gross Margin % of 20.50% is 3.4% 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 Ege Endustri ve Ticaret AS and its competitors. For the Vehicles & Parts industry, the median Gross Margin % is 19.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ege Endustri ve Ticaret AS's current Gross Margin % is 20.50%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ege Endustri ve Ticaret AS stock overvalued right now?
Ege Endustri ve Ticaret AS (IST:EGEEN) has a current Gross Margin % of 20.50%. The current Gross Margin % is 20.50% and 3.4% above the Vehicles & Parts industry median of 19.83. Ege Endustri ve Ticaret AS's overall GF Score™ is 5/100. 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 Ege Endustri ve Ticaret AS (IST:EGEEN), the current Gross Margin % is 20.50% as of Dec. 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.

Ege Endustri ve Ticaret AS Business Description

Address Kemalpaya Street No: 280, Pinarbasi, Izmir, TUR, 35060
Ege Endustri ve Ticaret AS is a Turkey-based axle manufacturer for the automotive industry. The products of the company consist of Fabricated Axle Housing, Rear Axles, Tag Axles, Trailer Axles, Self-Steering Tag Axle and Independent Front Suspension System among others.
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