Itoco (ITMC) Gross Margin %: 18.18% (As of Sep. 2010)


What is Itoco Gross Margin %?

Itoco ITMC Gross Margin % is 18.18% as of Sep. 2010.

Gross Margin % is calculated as gross profit divided by its revenue. Itoco's Gross Profit for the three months ended in Sep. 2010 was $0.00 Mil. Itoco's Revenue for the three months ended in Sep. 2010 was $0.01 Mil. Therefore, Itoco's Gross Margin % for the quarter that ended in Sep. 2010 was 18.18%.


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


ITMC's Gross Margin % is not ranked *
in the Biotechnology industry.
Industry Median: 60.92
* Ranked among companies with meaningful Gross Margin % only.

Itoco had a gross margin of 18.18% for the quarter that ended in Sep. 2010 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Itoco was 0.00% per year.

Itoco  (OTCPK:ITMC) 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

Itoco had a gross margin of 18.18% for the quarter that ended in Sep. 2010 => No sustainable 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.

Itoco Gross Margin % Related Terms

Itoco Gross Margin % Historical Data

* Premium members only.

The historical data trend for Itoco'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.

Itoco Gross Margin % Chart

Itoco Annual Data
Trend Dec08 Dec09
Gross Margin %
63.85 14.53

Itoco Quarterly Data
Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 75.68 -66.25 70.73 50.00 18.18

ITMC vs BLAIF: Gross Margin % Comparison

For the Biotechnology subindustry, Itoco'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.

Itoco Gross Margin % vs Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Itoco's Gross Margin % distribution charts can be found below:

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


Itoco Gross Margin % Calculation

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

Itoco's Gross Margin for the fiscal year that ended in Dec. 2009 is calculated as

Gross Margin % (A: Dec. 2009 )=Gross Profit (A: Dec. 2009 ) / Revenue (A: Dec. 2009 )
=0.2 / 1.452
=(Revenue - Cost of Goods Sold) / Revenue
=(1.452 - 1.241) / 1.452
=14.53 %

Itoco's Gross Margin for the quarter that ended in Sep. 2010 is calculated as


Gross Margin % (Q: Sep. 2010 )=Gross Profit (Q: Sep. 2010 ) / Revenue (Q: Sep. 2010 )
=0 / 0.011
=(Revenue - Cost of Goods Sold) / Revenue
=(0.011 - 0.009) / 0.011
=18.18 %

* 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 18.18% mean?
Itoco (ITMC) has a Gross Margin % of 18.18% as of Sep. 2010. Gross margin is the ratio of total gross profit to net sales. View historical data on Itoco and its competitors.
Is Itoco's Gross Margin % too high?
Itoco's current Gross Margin % is 18.18%. The Biotechnology industry median Gross Margin % is 60.92. Itoco's value of 18.18% is 70.2% below this industry median.
How does Itoco's Gross Margin % compare to BLAIF?
Itoco's Gross Margin % of 18.18% can be compared against companies in the Biotechnology industry. The industry median Gross Margin % is 60.92. Itoco's value of 18.18% is 70.2% below 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 Biotechnology company?
The median Gross Margin % among Biotechnology companies is 60.92, based on 737 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. Itoco's current Gross Margin % of 18.18% is 70.2% below 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 Itoco and its competitors. For the Biotechnology industry, the median Gross Margin % is 60.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Itoco's current Gross Margin % is 18.18%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Itoco stock overvalued right now?
Itoco (ITMC) has a current Gross Margin % of 18.18%. The current Gross Margin % is 18.18% and 70.2% below the Biotechnology industry median of 60.92. 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 Itoco (ITMC), the current Gross Margin % is 18.18% as of Sep. 2010. 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.

Itoco Business Description

Address 50 West Liberty Street, Suite 880, Reno, NV, USA, 89501
Itoco Inc is focused on developing and bringing biotech products to the market via co-development and joint venture arrangements with various companies. The company is currently examining various technologies that seek to control and/or identify bio-contaminants such as viruses and bacteria.