Emerald Tyre ManufacturersNSE:ETML -1.12%16 Gross Margin % is 34.82% as of Mar. 2025, which is at its 10-year median of 34.82. GuruFocus rates NSE:ETML with a GF Score™ of 16/100. The stock has 3 warning signs investors should review. Among 1,311 Vehicles & Parts companies, Emerald Tyre Manufacturers ranks better than 79.79% on this metric.
Emerald Tyre Manufacturers (NSE:ETML) 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
Emerald Tyre Manufacturers had a gross margin of 34.82% for the quarter that ended in Mar. 2025 => Competition eroding margins
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.
Emerald Tyre Manufacturers Gross Margin % Related Terms
Emerald Tyre Manufacturers Gross Margin % Historical Data
* 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.
Emerald Tyre Manufacturers Gross Margin % Chart
Emerald Tyre Manufacturers Annual Data
Trend
Mar21
Mar22
Mar23
Mar24
Mar25
Gross Margin %
35.34
30.30
31.84
37.46
34.82
Emerald Tyre Manufacturers Semi-Annual Data
Mar21
Mar22
Mar23
Mar24
Mar25
Gross Margin %
35.34
30.30
31.84
37.46
34.82
NSE:ETML vs ORLY, AZO: Gross Margin % Comparison
For the Auto Parts subindustry, Emerald Tyre Manufacturers'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.
Emerald Tyre Manufacturers Gross Margin % vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Emerald Tyre Manufacturers's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Emerald Tyre Manufacturers'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.
Emerald Tyre Manufacturers (NSE:ETML) has a Gross Margin % of 34.82% as of Mar. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Emerald Tyre Manufacturers and its competitors. This is near median its historical median of 34.82. Over the past decade, Emerald Tyre Manufacturers' Gross Margin % has ranged from 30.30 to 37.46. According to the industry distribution chart, Emerald Tyre Manufacturers ranks #265 out of 1311 companies in the Vehicles & Parts industry, placing it in the top 20.2%.
Is Emerald Tyre Manufacturers' Gross Margin % too high?
Emerald Tyre Manufacturers' current Gross Margin % of 34.82% is near median its 10-year median of 34.82. Over the past 10 years, this metric has ranged from a low of 30.30 to a high of 37.46. The Vehicles & Parts industry median Gross Margin % is 19.84. Emerald Tyre Manufacturers' value of 34.82% is 75.5% above this industry median. Based on the distribution chart, Emerald Tyre Manufacturers ranks #265 out of 1311 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, Emerald Tyre Manufacturers has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Emerald Tyre Manufacturers' Gross Margin % compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Emerald Tyre Manufacturers ranks #265 out of 1311 companies for Gross Margin %. This places Emerald Tyre Manufacturers in the top 20% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 19.84. Emerald Tyre Manufacturers' value of 34.82% is 75.5% above this benchmark. Historically, Emerald Tyre Manufacturers' own Gross Margin % has ranged from 30.30 to 37.46 over the past decade. While the company's 10-year median is 34.82 vs. the industry median of 19.84, Emerald Tyre Manufacturers has consistently been above the industry average. 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 Vehicles & Parts company?
The median Gross Margin % among Vehicles & Parts companies is 19.84, based on 1,311 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. Emerald Tyre Manufacturers's current Gross Margin % of 34.82% is 75.5% 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 Emerald Tyre Manufacturers and its competitors. For the Vehicles & Parts industry, the median Gross Margin % is 19.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Emerald Tyre Manufacturers's current Gross Margin % is 34.82%, which is near median its own 10-year median of 34.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Emerald Tyre Manufacturers stock overvalued right now?
Emerald Tyre Manufacturers (NSE:ETML) has a current Gross Margin % of 34.82%. The current Gross Margin % is 34.82%, which is near median its 10-year median of 34.82 and 75.5% above the Vehicles & Parts industry median of 19.84. Emerald Tyre Manufacturers' overall GF Score™ is 16/100 with 3 warning signs to review. 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 Emerald Tyre Manufacturers (NSE:ETML), the current Gross Margin % is 34.82% as of Mar. 2025. 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.
Emerald Tyre Manufacturers Ltd is engaged in the Business of Manufacturing, Supplying and Services for a comprehensive range of tyres for material handling applications, like forklifts, skid loaders, ground support equipment of Airports, Port trailers, agri implements, lawn and garden mowers, mining equipment, aerial work platform trucks, backhoe loaders, etc.
16GF Score
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