The historical rank and industry rank for Noble Group's Gross Margin % or its related term are showing as below:
NOBGY's Gross Margin % is not ranked *
in the Conglomerates industry.
Industry Median: 25.96 * Ranked among companies with meaningful Gross Margin % only.
Noble Group had a gross margin of 4.07% for the quarter that ended in Sep. 2018 => No sustainable competitive advantage
The 5-Year average Growth Rate of Gross Margin for Noble Group was 0.00% per year.
Noble Group (OTCPK:NOBGY) 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
Noble Group had a gross margin of 4.07% for the quarter that ended in Sep. 2018 => 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.
Noble Group Gross Margin % Related Terms
Noble Group Gross Margin % Historical Data
* Premium members only.
The historical data trend for Noble 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.
For the Conglomerates subindustry, Noble 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.
Noble Group Gross Margin % vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, Noble Group's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Noble Group'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.
Noble Group (NOBGY) has a Gross Margin % of 4.07% as of Sep. 2018. Gross margin is the ratio of total gross profit to net sales. View historical data on Noble Group and its competitors.
Is Noble Group's Gross Margin % too high?
Noble Group's current Gross Margin % is 4.07%. The Conglomerates industry median Gross Margin % is 25.96. Noble Group's value of 4.07% is 84.3% below this industry median.
How does Noble Group's Gross Margin % compare to SGOC and HHHH?
Noble Group's Gross Margin % of 4.07% can be compared against companies in the Conglomerates industry. The industry median Gross Margin % is 25.96. Noble Group's value of 4.07% is 84.3% below 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 a Conglomerates company?
The median Gross Margin % among Conglomerates companies is 25.96, based on 511 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. Noble Group's current Gross Margin % of 4.07% is 84.3% below 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 Noble Group and its competitors. For the Conglomerates industry, the median Gross Margin % is 25.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Noble Group's current Gross Margin % is 4.07%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Noble Group stock overvalued right now?
Noble Group (NOBGY) has a current Gross Margin % of 4.07%. The current Gross Margin % is 4.07% and 84.3% below the Conglomerates industry median of 25.96. 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 Noble Group (NOBGY), the current Gross Margin % is 4.07% as of Sep. 2018. 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.
Noble Group Ltd operates and manages supply chain focused on purchasing physical commodities and transforming these into customized products. The business consist of logistics and transportation, price risk management and hedging, commodity processing and blending, as well as structured and trade finance products. The company has two segments - namely, the Energy Segment, with combines the former Energy and Gas & Power segments and includes the Oil Liquids, Gas & Power and Energy Coal businesses; and the Metals, Minerals and Ores Segment, which combines the former Metals & Mining and Corporate segments and includes the Metals, Carbon Steel Materials and Logistics businesses.
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