MNHVF (Mowi ASA) Gross Margin % : 36.33% (As of Sep. 2024)

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What is Mowi ASA Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Mowi ASA's Gross Profit for the three months ended in Sep. 2024 was $581 Mil. Mowi ASA's Revenue for the three months ended in Sep. 2024 was $1,600 Mil. Therefore, Mowi ASA's Gross Margin % for the quarter that ended in Sep. 2024 was 36.33%.

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

MNHVF' s Gross Margin % Range Over the Past 10 Years
Min: 43.1 Med: 49.89 Max: 65.74
Current: 44.97

During the past 13 years, the highest Gross Margin % of Mowi ASA was 65.74%. The lowest was 43.10%. And the median was 49.89%.

MNHVF's Gross Margin % is ranked better than
80.82% of 1840 companies
in the Consumer Packaged Goods industry
Industry Median: 25.825 vs MNHVF: 44.97

Mowi ASA had a gross margin of 36.33% for the quarter that ended in Sep. 2024 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Mowi ASA was 0.10% per year.

Mowi ASA Gross Margin % Historical Data

The historical data trend for Mowi ASA'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.

Mowi ASA Gross Margin % Chart

Mowi ASA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Gross Margin %

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48.20

43.30

49.82

55.33

49.96

Mowi ASA Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Gross Margin %	Get a 7-Day Free Trial															45.42	55.01	48.99	39.96	36.33

Competitive Comparison of Mowi ASA's Gross Margin %

For the Farm Products subindustry, Mowi ASA'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.

Mowi ASA's Gross Margin % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Mowi ASA's Gross Margin % distribution charts can be found below:

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

Mowi ASA Gross Margin % Calculation

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

Mowi ASA'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 )
	=	2984.6	/	5974.155
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(5974.155 - 2989.531)	/	5974.155
	=	49.96 %

Mowi ASA's Gross Margin for the quarter that ended in Sep. 2024 is calculated as

Gross Margin % (Q: Sep. 2024 )	=	Gross Profit (Q: Sep. 2024 )	/	Revenue (Q: Sep. 2024 )
	=	581.2	/	1600.111
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(1600.111 - 1018.868)	/	1600.111
	=	36.33 %

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.

Mowi ASA (OTCPK:MNHVF) 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

Mowi ASA had a gross margin of 36.33% for the quarter that ended in Sep. 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.

Mowi ASA Gross Margin % Related Terms

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Mowi ASA Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Mowi ASA (OTCPK:MNHVF) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

MHGVY:USA MOWI:Sweden MOWI:Norway MOWIo:UK 0OAW:UK PND:Germany

Address

Sandviksboder 77A/B, P.O. Box 4102, Bergen, NOR, 5835

Website

https://www.mowi.com

Mowi ASA is a Norway based producer of farmed salmon. It distributes salmon and other processed seafood globally. The company focuses on producing high-quality fish by producing its fish eggs and nurturing the fish in the early stages of their life. The company operates in three reportable segments which are organized as business areas as well that includes Feed, Farming and Sales & Marketing, Fish feed production, comprises our two feed plants in Norway and Scotland. Farming comprises a single operating segment composed of our farming operations in Norway, Scotland, Canada, Chile, Ireland, the Faroe Islands and Iceland, and our Breeding & Genetics programme. Sales & Marketing is composed of two operating segments Markets and Consumer Products.