Gross Margin % is calculated as gross profit divided by its revenue. Mynaric AG's Gross Profit for the
six
months ended in Dec. 2023 was $-13.57 Mil. Mynaric AG's Revenue for the
six
months ended in Dec. 2023 was $1.05 Mil. Therefore, Mynaric AG's Gross Margin % for the quarter that ended in Dec. 2023 was -1,293.99%.
The historical rank and industry rank for Mynaric AG's Gross Margin % or its related term are showing as below:
MYNAY's Gross Margin % is not ranked *
in the Hardware industry.
Industry Median: 24.53 * Ranked among companies with meaningful Gross Margin % only.
Mynaric AG had a gross margin of -1,293.99% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage
The 5-Year average Growth Rate of Gross Margin for Mynaric AG was 0.00% per year.
Mynaric AG (OTCPK:MYNAY) 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
Mynaric AG had a gross margin of -1,293.99% for the quarter that ended in Dec. 2023 => No sustainable 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.
Mynaric AG Gross Margin % Related Terms
Mynaric AG Gross Margin % Historical Data
* Premium members only.
The historical data trend for Mynaric AG'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.
MYNAY vs CSCO, MSI, HPE: Gross Margin % Comparison
For the Communication Equipment subindustry, Mynaric AG'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.
Mynaric AG Gross Margin % vs Hardware Industry
For the Hardware industry and Technology sector, Mynaric AG's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Mynaric AG's Gross Margin % falls into.
* 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.
Mynaric AG (MYNAY) has a Gross Margin % of -1,293.99% as of Dec. 2023. Gross margin is the ratio of total gross profit to net sales. View historical data on Mynaric AG and its competitors.
Is Mynaric AG's Gross Margin % too high?
Mynaric AG's current Gross Margin % is -1,293.99%. Overall, Mynaric AG has a GF Score™ of 10/100, reflecting its overall financial health beyond just this single metric.
How does Mynaric AG's Gross Margin % compare to CSCO and MSI?
Mynaric AG's Gross Margin % of -1,293.99% can be compared against companies in the Hardware industry. The industry median Gross Margin % is 24.53. 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 Hardware company?
The median Gross Margin % among Hardware companies is 24.53, based on 2,454 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. 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 Mynaric AG and its competitors. For the Hardware industry, the median Gross Margin % is 24.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mynaric AG's current Gross Margin % is -1,293.99%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mynaric AG stock overvalued right now?
Mynaric AG (MYNAY) has a current Gross Margin % of -1,293.99%. The current Gross Margin % is -1,293.99%. Mynaric AG's overall GF Score™ is 10/100. 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 Mynaric AG (MYNAY), the current Gross Margin % is -1,293.99% as of Dec. 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.
Mynaric AG operates in the communication equipment business sector. The company is engaged in the manufacture and sale of products and projects and the provision of services in the field of laser technology, in particular in the aerospace, telematics, and satellite services sectors. It operates in two segments: Air and Space. The space segment comprises CONDOR terminals, and the Air segment comprises HAWK terminals. The company's product portfolio consists of Optical ground stations, Air-to-ground terminals, Air-to-air terminals, Space terminals, and Custom products and subcomponents. Its applications consist of high-altitude networks, remote eyes, satellite constellations, earth observation satellites, and others. Geographically, its key revenue is derived from the United States.
10GF Score
Get the complete analysis for MYNAY
Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
MYNAY has been successfully added to your 
