Mig Holdings (LTS:0IMY) Gross Margin %: 60.53% (As of Jun. 2024)


LTS:0IMY Mig Holdings SA LTS:0IMY
33 GF Score
Price €4.39
View Full Analysis

What is Mig Holdings Gross Margin %?

Mig Holdings LTS:0IMY 33 Gross Margin % is 60.53% as of Jun. 2024. GuruFocus rates LTS:0IMY with a GF Score™ of 33/100.

Gross Margin % is calculated as gross profit divided by its revenue. Mig Holdings's Gross Profit for the six months ended in Jun. 2024 was €2.61 Mil. Mig Holdings's Revenue for the six months ended in Jun. 2024 was €4.32 Mil. Therefore, Mig Holdings's Gross Margin % for the quarter that ended in Jun. 2024 was 60.53%.


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


LTS:0IMY's Gross Margin % is not ranked *
in the Real Estate industry.
Industry Median: 36.96
* Ranked among companies with meaningful Gross Margin % only.

Mig Holdings had a gross margin of 60.53% for the quarter that ended in Jun. 2024 => Durable competitive advantage

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


Mig Holdings  (LTS:0IMY) 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

Mig Holdings had a gross margin of 60.53% for the quarter that ended in Jun. 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.


Mig Holdings Gross Margin % Related Terms


Mig Holdings Gross Margin % Historical Data

* Premium members only.

The historical data trend for Mig Holdings'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.

Mig Holdings Gross Margin % Chart

Mig Holdings 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 21.71 11.29 31.16 51.50 58.82

Mig Holdings Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 49.42 53.65 58.26 59.36 60.53

LTS:0IMY vs CBRE, CSGP, BEKE: Gross Margin % Comparison

For the Real Estate Services subindustry, Mig Holdings'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.


Mig Holdings Gross Margin % vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Mig Holdings's Gross Margin % distribution charts can be found below:

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


LTS:0IMY
33GF Score
Mig Holdings SA LTS:0IMY
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mig Holdings Gross Margin % Calculation

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

Mig Holdings'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 )
=4.6 / 7.868
=(Revenue - Cost of Goods Sold) / Revenue
=(7.868 - 3.24) / 7.868
=58.82 %

Mig Holdings's Gross Margin for the quarter that ended in Jun. 2024 is calculated as


Gross Margin % (Q: Jun. 2024 )=Gross Profit (Q: Jun. 2024 ) / Revenue (Q: Jun. 2024 )
=2.6 / 4.315
=(Revenue - Cost of Goods Sold) / Revenue
=(4.315 - 1.703) / 4.315
=60.53 %

* 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 60.53% mean?
Mig Holdings (LTS:0IMY) has a Gross Margin % of 60.53% as of Jun. 2024. Gross margin is the ratio of total gross profit to net sales. View historical data on Mig Holdings and its competitors.
Is Mig Holdings' Gross Margin % too high?
Mig Holdings' current Gross Margin % is 60.53%. The Real Estate industry median Gross Margin % is 36.96. Mig Holdings' value of 60.53% is 63.8% above this industry median. Overall, Mig Holdings has a GF Score™ of 33/100, reflecting its overall financial health beyond just this single metric.
How does Mig Holdings' Gross Margin % compare to CBRE and CSGP?
Mig Holdings' Gross Margin % of 60.53% can be compared against companies in the Real Estate industry. The industry median Gross Margin % is 36.96. Mig Holdings' value of 60.53% is 63.8% 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 Real Estate company?
The median Gross Margin % among Real Estate companies is 36.96, based on 1,644 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. Mig Holdings's current Gross Margin % of 60.53% is 63.8% 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 Mig Holdings and its competitors. For the Real Estate industry, the median Gross Margin % is 36.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mig Holdings's current Gross Margin % is 60.53%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mig Holdings stock overvalued right now?
Mig Holdings (LTS:0IMY) has a current Gross Margin % of 60.53%. The current Gross Margin % is 60.53% and 63.8% above the Real Estate industry median of 36.96. Mig Holdings' overall GF Score™ is 33/100. 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 Mig Holdings (LTS:0IMY), the current Gross Margin % is 60.53% as of Jun. 2024. 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.

Mig Holdings Business Description

Address El. Venizelou 10, Athens, GRC, 106 71
Mig Holdings SA is an investment holding company. Through its subsidiaries, the company operates its business in various segments which include Financial Services, Real Estate, and Others. The majority of the company's revenues are generated through the Real Estate segment. This activity consists of the purchase of real estate and exercising ownership of that real estate. Geographically, it operates in Greece, European Countries, and Other countries, out of which the majority is from European countries.
33GF Score

Get the complete analysis for LTS:0IMY

Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€4.39
Price