Nation Media Group (NAI:NMG) Gross Margin % : 75.78% (As of Dec. 2023)

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What is Nation Media Group Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Nation Media Group's Gross Profit for the six months ended in Dec. 2023 was KES5,393 Mil. Nation Media Group's Revenue for the six months ended in Dec. 2023 was KES7,116 Mil. Therefore, Nation Media Group's Gross Margin % for the quarter that ended in Dec. 2023 was 75.78%.

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

NAI:NMG' s Gross Margin % Range Over the Past 10 Years
Min: 75.78 Med: 81.14 Max: 84.08
Current: 75.78

During the past 13 years, the highest Gross Margin % of Nation Media Group was 84.08%. The lowest was 75.78%. And the median was 81.14%.

NAI:NMG's Gross Margin % is ranked better than
86.72% of 956 companies
in the Media - Diversified industry
Industry Median: 38.44 vs NAI:NMG: 75.78

Nation Media Group had a gross margin of 75.78% for the quarter that ended in Dec. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Nation Media Group was -0.90% per year.

Nation Media Group Gross Margin % Historical Data

The historical data trend for Nation Media Group'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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Nation Media Group Gross Margin % Chart

Nation Media Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Gross Margin %

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79.96

83.15

84.08

80.48

75.78

Nation Media Group Semi-Annual Data
	Dec08	Dec09	Dec10	Dec11	Dec12	Dec13	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22	Dec23
Gross Margin %	Get a 7-Day Free Trial											79.96	83.15	84.08	80.48	75.78

Competitive Comparison of Nation Media Group's Gross Margin %

For the Entertainment subindustry, Nation Media Group'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.

Nation Media Group's Gross Margin % Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Nation Media Group's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Nation Media Group's Gross Margin % falls into.

Nation Media Group Gross Margin % Calculation

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

Nation Media Group'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 )
	=	5392.9	/	7116.2
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(7116.2 - 1723.3)	/	7116.2
	=	75.78 %

Nation Media Group'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 )
	=	5392.9	/	7116.2
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(7116.2 - 1723.3)	/	7116.2
	=	75.78 %

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.

Nation Media Group (NAI:NMG) 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

Nation Media Group had a gross margin of 75.78% 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.

Nation Media Group Gross Margin % Related Terms

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Nation Media Group (NAI:NMG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Nation Media Group PLC (NAI:NMG) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Kimathi Street, P. O Box 49010, Nation Centre, Nairobi, KEN, 00100

Website

https://www.nationmedia.com

Nation Media Group PLC is a media house in East and Central Africa. Its principal activities of the group are the publication, printing, and distribution of newspapers and magazines, radio and television broadcasting, and digital online products. It has businesses in television networks, film, and TV entertainment and delivers content on a multi-platform basis. Its operating segments are Newspapers & Digital and broadcasting. It generated the majority of its revenue from Newspapers & Digital segments that are engaged in the sale of newspapers, advertisements published in the newspapers, advertisements in the digital platforms, and subscriptions of e-paper.