Nnk-Varyoganneftegaz PJSC (MIC:VJGZ) Gross Margin %: 95.34% (As of Jun. 2023)

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MIC:VJGZ Nnk-Varyoganneftegaz PJSC MIC:VJGZ
17 GF Score
Price ₽3,125.00
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What is Nnk-Varyoganneftegaz PJSC Gross Margin %?

Nnk-Varyoganneftegaz PJSC MIC:VJGZ +4.87% 17 Gross Margin % is 95.34% as of Jun. 2023. GuruFocus rates MIC:VJGZ with a GF Score™ of 17/100.

Gross Margin % is calculated as gross profit divided by its revenue. Nnk-Varyoganneftegaz PJSC's Gross Profit for the six months ended in Jun. 2023 was ₽32,634 Mil. Nnk-Varyoganneftegaz PJSC's Revenue for the six months ended in Jun. 2023 was ₽34,230 Mil. Therefore, Nnk-Varyoganneftegaz PJSC's Gross Margin % for the quarter that ended in Jun. 2023 was 95.34%.


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


MIC:VJGZ's Gross Margin % is not ranked *
in the Oil & Gas industry.
Industry Median: 25.74
* Ranked among companies with meaningful Gross Margin % only.

Nnk-Varyoganneftegaz PJSC had a gross margin of 95.34% for the quarter that ended in Jun. 2023 => Durable competitive advantage

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


Nnk-Varyoganneftegaz PJSC  (MIC:VJGZ) 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

Nnk-Varyoganneftegaz PJSC had a gross margin of 95.34% for the quarter that ended in Jun. 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.


Nnk-Varyoganneftegaz PJSC Gross Margin % Related Terms


Nnk-Varyoganneftegaz PJSC Gross Margin % Historical Data

* Premium members only.

The historical data trend for Nnk-Varyoganneftegaz PJSC'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.

Nnk-Varyoganneftegaz PJSC Gross Margin % Chart

Nnk-Varyoganneftegaz PJSC Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 20.95 10.11 12.22 74.13 62.93

Nnk-Varyoganneftegaz PJSC Semi-Annual Data
Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Jun22 Jun23
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 3.37 108.26 18.27 94.23 95.34

MIC:VJGZ vs COP, EOG, PXD: Gross Margin % Comparison

For the Oil & Gas E&P subindustry, Nnk-Varyoganneftegaz PJSC'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.


Nnk-Varyoganneftegaz PJSC Gross Margin % vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Nnk-Varyoganneftegaz PJSC's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Nnk-Varyoganneftegaz PJSC's Gross Margin % falls into.


MIC:VJGZ
17GF Score
Nnk-Varyoganneftegaz PJSC MIC:VJGZ
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Nnk-Varyoganneftegaz PJSC Gross Margin % Calculation

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

Nnk-Varyoganneftegaz PJSC's Gross Margin for the fiscal year that ended in Dec. 2020 is calculated as

Gross Margin % (A: Dec. 2020 )=Gross Profit (A: Dec. 2020 ) / Revenue (A: Dec. 2020 )
=22616.6 / 35940.372
=(Revenue - Cost of Goods Sold) / Revenue
=(35940.372 - 13323.775) / 35940.372
=62.93 %

Nnk-Varyoganneftegaz PJSC's Gross Margin for the quarter that ended in Jun. 2023 is calculated as


Gross Margin % (Q: Jun. 2023 )=Gross Profit (Q: Jun. 2023 ) / Revenue (Q: Jun. 2023 )
=32633.8 / 34230.467
=(Revenue - Cost of Goods Sold) / Revenue
=(34230.467 - 1596.65) / 34230.467
=95.34 %

* 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 95.34% mean?
Nnk-Varyoganneftegaz PJSC (MIC:VJGZ) has a Gross Margin % of 95.34% as of Jun. 2023. Gross margin is the ratio of total gross profit to net sales. View historical data on Nnk-Varyoganneftegaz PJSC and its competitors.
Is Nnk-Varyoganneftegaz PJSC's Gross Margin % too high?
Nnk-Varyoganneftegaz PJSC's current Gross Margin % is 95.34%. The Oil & Gas industry median Gross Margin % is 25.74. Nnk-Varyoganneftegaz PJSC's value of 95.34% is 270.4% above this industry median. Overall, Nnk-Varyoganneftegaz PJSC has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Nnk-Varyoganneftegaz PJSC's Gross Margin % compare to COP and EOG?
Nnk-Varyoganneftegaz PJSC's Gross Margin % of 95.34% can be compared against companies in the Oil & Gas industry. The industry median Gross Margin % is 25.74. Nnk-Varyoganneftegaz PJSC's value of 95.34% is 270.4% 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 an Oil & Gas company?
The median Gross Margin % among Oil & Gas companies is 25.74, based on 870 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. Nnk-Varyoganneftegaz PJSC's current Gross Margin % of 95.34% is 270.4% 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 Nnk-Varyoganneftegaz PJSC and its competitors. For the Oil & Gas industry, the median Gross Margin % is 25.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nnk-Varyoganneftegaz PJSC's current Gross Margin % is 95.34%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nnk-Varyoganneftegaz PJSC stock overvalued right now?
Nnk-Varyoganneftegaz PJSC (MIC:VJGZ) has a current Gross Margin % of 95.34%. The current Gross Margin % is 95.34% and 270.4% above the Oil & Gas industry median of 25.74. Nnk-Varyoganneftegaz PJSC's overall GF Score™ is 17/100. 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 Nnk-Varyoganneftegaz PJSC (MIC:VJGZ), the current Gross Margin % is 95.34% as of Jun. 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.

Nnk-Varyoganneftegaz PJSC Business Description

Industry EnergyOil & Gas
Address 2 Dist 21 Raduzhny Khanty-Ugra, Tyumen Region, Radughnyi, RUS, 628464
Nnk-Varyoganneftegaz PJSC is a Russian company that operates in the oil and gas sector. The company is involved in the extraction and production of hydrocarbon raw materials.
17GF Score

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