The historical rank and industry rank for Flour Mills Nigeria's Gross Margin % or its related term are showing as below:
NSA:FMNL'
s Gross Margin % Range Over the Past 10 Years
Min: 9.29 Med: 11.49 Max: 13.84
Current: 11.9
During the past 13 years, the highestGross Margin % of Flour Mills Nigeria was 13.84%. The lowest was 9.29%. And the median was 11.49%.
NSA:FMNL's Gross Margin % is ranked worse than 81.3% of 1840
companies
in the Consumer Packaged Goods industry
Industry Median: 25.825
vs NSA:FMNL: 11.90
Flour Mills Nigeria had a gross margin of 11.90% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage
The 5-Year average Growth Rate of Gross Margin for Flour Mills Nigeria was 1.20% per year.
Flour Mills Nigeria Gross Margin % Historical Data
The historical data trend for Flour Mills Nigeria'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.
Competitive Comparison of Flour Mills Nigeria's Gross Margin %
For the Packaged Foods subindustry, Flour Mills Nigeria'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.
Flour Mills Nigeria's Gross Margin % Distribution in the Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Flour Mills Nigeria's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Flour Mills Nigeria'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.
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
Flour Mills Nigeria had a gross margin of 11.90% for the quarter that ended in Mar. 2024 => 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.
Flour Mills Nigeria Gross Margin % Related Terms
Thank you for viewing the detailed overview of Flour Mills Nigeria's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.
Flour Mills Nigeria PLC is an investment holding company. It is majorly engaged in flour milling; production of pasta, noodles, edible oil, and refined sugar; the production of livestock feeds; farming, and other agro-allied activities. The company's operating segment includes Food; Agro Allied; Sugar and Support Services. It generates maximum revenue from the Food segment which includes milling and sales of flour and production and sales of pasta, snacks, and noodles. Its Agro-Allied segment includes farming of maize, cassava, soya, sugar cane, and oil palm and production and sales of fertilizer, edible oils, and livestock feeds. The Sugar segment includes the cultivation and processing of sugarcane, refining and selling of sugar, and sale of by-products from sugar refining.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
NSA:FMNL has been successfully added to your 