High Quality Food SpA (MIL:HQF) Gross Margin % : 24.62% (As of Jun. 2024)

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What is High Quality Food SpA Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. High Quality Food SpA's Gross Profit for the six months ended in Jun. 2024 was €2.39 Mil. High Quality Food SpA's Revenue for the six months ended in Jun. 2024 was €9.72 Mil. Therefore, High Quality Food SpA's Gross Margin % for the quarter that ended in Jun. 2024 was 24.62%.

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

MIL:HQF' s Gross Margin % Range Over the Past 10 Years
Min: 7.39 Med: 12.83 Max: 21.21
Current: 19.27

During the past 4 years, the highest Gross Margin % of High Quality Food SpA was 21.21%. The lowest was 7.39%. And the median was 12.83%.

MIL:HQF's Gross Margin % is ranked worse than
63.96% of 308 companies
in the Retail - Defensive industry
Industry Median: 23.17 vs MIL:HQF: 19.27

High Quality Food SpA had a gross margin of 24.62% for the quarter that ended in Jun. 2024 => Competition eroding margins

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

High Quality Food SpA Gross Margin % Historical Data

The historical data trend for High Quality Food 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.

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High Quality Food SpA Gross Margin % Chart

High Quality Food SpA Annual Data

Trend

Dec21

Dec22

Dec23

Dec24

Gross Margin %

7.39

12.83

21.21

19.27

High Quality Food SpA Semi-Annual Data
	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Gross Margin %	Get a 7-Day Free Trial			8.54	21.10	21.29	24.62	13.66

Competitive Comparison of High Quality Food SpA's Gross Margin %

For the Food Distribution subindustry, High Quality Food 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.

High Quality Food SpA's Gross Margin % Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, High Quality Food SpA's Gross Margin % distribution charts can be found below:

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

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High Quality Food SpA Gross Margin % Calculation

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

High Quality Food 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 )
	=	4.3	/	20.07
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(20.07 - 15.814)	/	20.07
	=	21.21 %

High Quality Food SpA'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 )
	=	2.4	/	9.719
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(9.719 - 7.326)	/	9.719
	=	24.62 %

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.

High Quality Food SpA (MIL:HQF) 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

High Quality Food SpA had a gross margin of 24.62% for the quarter that ended in Jun. 2024 => 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.

High Quality Food SpA Gross Margin % Related Terms

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High Quality Food SpA Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » High Quality Food SpA (MIL:HQF) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Via di Pietralata, 179, Rome, ITA, 00158

Website

https://www.hqf.it

High Quality Food SpA specializes in producing and marketing food products mainly for the hotel and restaurant sectors. It offers meats, charcuterie products, cheese products, fish and seafood products, fresh fruits and vegetables, bakery products, pasta, rice and cereals, oil, sauces and condiments, canned and tinned products, etc. The company also sells accessories for the catering industry such as vacuum packing, bamboo skewers, packaging, etc. Geographically, the company derives a majority of its revenue from Italy and the rest from other parts of Europe, and other countries.

High Quality Food SpA Headlines

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