Cofle SpA (MIL:CFL) Gross Margin % : 45.45% (As of Dec. 2023)

View and export this data going back to 2021. Start your Free Trial

What is Cofle SpA Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Cofle SpA's Gross Profit for the six months ended in Dec. 2023 was €14.50 Mil. Cofle SpA's Revenue for the six months ended in Dec. 2023 was €31.91 Mil. Therefore, Cofle SpA's Gross Margin % for the quarter that ended in Dec. 2023 was 45.45%.

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

MIL:CFL' s Gross Margin % Range Over the Past 10 Years
Min: 43.53 Med: 47.79 Max: 48.46
Current: 43.53

During the past 5 years, the highest Gross Margin % of Cofle SpA was 48.46%. The lowest was 43.53%. And the median was 47.79%.

MIL:CFL's Gross Margin % is ranked better than
91.23% of 1265 companies
in the Vehicles & Parts industry
Industry Median: 19.67 vs MIL:CFL: 43.53

Cofle SpA had a gross margin of 45.45% for the quarter that ended in Dec. 2023 => Durable competitive advantage

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

Cofle SpA Gross Margin % Historical Data

The historical data trend for Cofle SpA'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.

Cofle SpA Gross Margin % Chart

Cofle SpA Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Gross Margin %

48.31

47.79

48.46

45.17

43.53

Cofle SpA Semi-Annual Data
	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Gross Margin %	Get a 7-Day Free Trial				45.89	45.55	44.79	41.52	45.45

Competitive Comparison of Cofle SpA's Gross Margin %

For the Auto Parts subindustry, Cofle SpA'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.

Cofle SpA's Gross Margin % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Cofle SpA's Gross Margin % distribution charts can be found below:

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

Cofle SpA Gross Margin % Calculation

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

Cofle SpA'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 )
	=	27.1	/	62.317
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(62.317 - 35.19)	/	62.317
	=	43.53 %

Cofle SpA'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 )
	=	14.5	/	31.907
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(31.907 - 17.405)	/	31.907
	=	45.45 %

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.

Cofle SpA (MIL:CFL) 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

Cofle SpA had a gross margin of 45.45% 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.

Cofle SpA Gross Margin % Related Terms

Thank you for viewing the detailed overview of Cofle SpA's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.

Cofle SpA (MIL:CFL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Cofle SpA (MIL:CFL) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

Y9A:Germany

Address

Via del Ghezzo, 54, Trezzo sullAdda, ITA, 20056

Website

https://www.cofle.com

Cofle SpA designs, produces and sells worldwide control cables and remote control systems for the off-road vehicle, automotive, and automotive after-market sectors. It has two divisions: the Original Equipment Manufacturer (OEM) division through which it manufactures a wide range of highly customized products for customers who install the components on the products sold: through its products, the group deals with customers operating in the agricultural sector, earth-moving and commercial vehicles, and the premium automotive sector; and the After Market (AM) division which manufactures Cofle-branded components such as control cables, brake hoses or EPBs with the same quality as the original for the automotive sector.

Cofle SpA (MIL:CFL) Headlines

No Headlines