Eveready East Africa (NAI:EVRD) Gross Margin %: 68.91% (As of Mar. 2024)

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NAI:EVRD Eveready East Africa PLC NAI:EVRD
6 GF Score
Price KES1.04
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What is Eveready East Africa Gross Margin %?

Eveready East Africa NAI:EVRD -0.95% 6 Gross Margin % is 68.91% as of Mar. 2024. GuruFocus rates NAI:EVRD with a GF Score™ of 6/100.

Gross Margin % is calculated as gross profit divided by its revenue. Eveready East Africa's Gross Profit for the six months ended in Mar. 2024 was KES3.08 Mil. Eveready East Africa's Revenue for the six months ended in Mar. 2024 was KES4.47 Mil. Therefore, Eveready East Africa's Gross Margin % for the quarter that ended in Mar. 2024 was 68.91%.


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


NAI:EVRD's Gross Margin % is not ranked *
in the Industrial Distribution industry.
Industry Median: 24.34
* Ranked among companies with meaningful Gross Margin % only.

Eveready East Africa had a gross margin of 68.91% for the quarter that ended in Mar. 2024 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Eveready East Africa was 0.00% per year.


Eveready East Africa  (NAI:EVRD) 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

Eveready East Africa had a gross margin of 68.91% for the quarter that ended in Mar. 2024 => 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.


Eveready East Africa Gross Margin % Related Terms


Eveready East Africa Gross Margin % Historical Data

* Premium members only.

The historical data trend for Eveready East Africa'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.

Eveready East Africa Gross Margin % Chart

Eveready East Africa Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 19.22 20.91 23.51 27.87 19.18

Eveready East Africa Semi-Annual Data
Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
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 33.22 22.44 49.91 -32.03 68.91

NAI:EVRD vs GWW, FAST, FERG: Gross Margin % Comparison

For the Industrial Distribution subindustry, Eveready East Africa'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.


Eveready East Africa Gross Margin % vs Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Eveready East Africa's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Eveready East Africa's Gross Margin % falls into.


NAI:EVRD
6GF Score
Eveready East Africa PLC NAI:EVRD
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Eveready East Africa Gross Margin % Calculation

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

Eveready East Africa's Gross Margin for the fiscal year that ended in Sep. 2023 is calculated as

Gross Margin % (A: Sep. 2023 )=Gross Profit (A: Sep. 2023 ) / Revenue (A: Sep. 2023 )
=3.2 / 16.811
=(Revenue - Cost of Goods Sold) / Revenue
=(16.811 - 13.586) / 16.811
=19.18 %

Eveready East Africa's Gross Margin for the quarter that ended in Mar. 2024 is calculated as


Gross Margin % (Q: Mar. 2024 )=Gross Profit (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=3.1 / 4.471
=(Revenue - Cost of Goods Sold) / Revenue
=(4.471 - 1.39) / 4.471
=68.91 %

* 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 68.91% mean?
Eveready East Africa (NAI:EVRD) has a Gross Margin % of 68.91% as of Mar. 2024. Gross margin is the ratio of total gross profit to net sales. View historical data on Eveready East Africa and its competitors.
Is Eveready East Africa's Gross Margin % too high?
Eveready East Africa's current Gross Margin % is 68.91%. The Industrial Distribution industry median Gross Margin % is 24.34. Eveready East Africa's value of 68.91% is 183.1% above this industry median. Overall, Eveready East Africa has a GF Score™ of 6/100, reflecting its overall financial health beyond just this single metric.
How does Eveready East Africa's Gross Margin % compare to GWW and FAST?
Eveready East Africa's Gross Margin % of 68.91% can be compared against companies in the Industrial Distribution industry. The industry median Gross Margin % is 24.34. Eveready East Africa's value of 68.91% is 183.1% 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 Industrial Distribution company?
The median Gross Margin % among Industrial Distribution companies is 24.34, based on 155 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. Eveready East Africa's current Gross Margin % of 68.91% is 183.1% 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 Eveready East Africa and its competitors. For the Industrial Distribution industry, the median Gross Margin % is 24.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Eveready East Africa's current Gross Margin % is 68.91%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Eveready East Africa stock overvalued right now?
Eveready East Africa (NAI:EVRD) has a current Gross Margin % of 68.91%. The current Gross Margin % is 68.91% and 183.1% above the Industrial Distribution industry median of 24.34. Eveready East Africa's overall GF Score™ is 6/100. 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 Eveready East Africa (NAI:EVRD), the current Gross Margin % is 68.91% as of Mar. 2024. 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.

Eveready East Africa Business Description

Address Mombasa Road, P.O. Box 30429, Sameer Industrial Park, Nairobi, KEN, 00100
Eveready East Africa PLC is Kenya-based firm. The company is mainly engaged in the production, distribution, and sales of portable power solutions. Its product portfolio is divided into three categories namely, Automotive comprises of free car batteries, battery water, and battery acid; Fabric comprises of Clorox and cleaning products; and Household dry cell batteries. The company offers its products under the brand name, TURBO, EVERCLEAN.
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Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

KES1.04
Price