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SBSNY (Schibsted ASA) Gross Margin % : 99.27% (As of Sep. 2024)


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What is Schibsted ASA Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Schibsted ASA's Gross Profit for the three months ended in Sep. 2024 was $243 Mil. Schibsted ASA's Revenue for the three months ended in Sep. 2024 was $245 Mil. Therefore, Schibsted ASA's Gross Margin % for the quarter that ended in Sep. 2024 was 99.27%.


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

SBSNY' s Gross Margin % Range Over the Past 10 Years
Min: 95.35   Med: 96.6   Max: 97.74
Current: 97.27


During the past 13 years, the highest Gross Margin % of Schibsted ASA was 97.74%. The lowest was 95.35%. And the median was 96.60%.

SBSNY's Gross Margin % is ranked better than
97.08% of 958 companies
in the Media - Diversified industry
Industry Median: 38.685 vs SBSNY: 97.27

Schibsted ASA had a gross margin of 99.27% for the quarter that ended in Sep. 2024 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Schibsted ASA was -0.10% per year.


Schibsted ASA Gross Margin % Historical Data

The historical data trend for Schibsted ASA'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.

* Premium members only.

Schibsted ASA Gross Margin % Chart

Schibsted ASA Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 96.71 96.48 96.35 96.39 97.29

Schibsted ASA Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 99.02 95.93 97.65 99.21 99.27

Competitive Comparison of Schibsted ASA's Gross Margin %

For the Publishing subindustry, Schibsted ASA'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.


Schibsted ASA's Gross Margin % Distribution in the Media - Diversified Industry

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

* The bar in red indicates where Schibsted ASA's Gross Margin % falls into.



Schibsted ASA Gross Margin % Calculation

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

Schibsted ASA'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 )
=1448 / 1488.426
=(Revenue - Cost of Goods Sold) / Revenue
=(1488.426 - 40.382) / 1488.426
=97.29 %

Schibsted ASA's Gross Margin for the quarter that ended in Sep. 2024 is calculated as


Gross Margin % (Q: Sep. 2024 )=Gross Profit (Q: Sep. 2024 ) / Revenue (Q: Sep. 2024 )
=243.4 / 245.232
=(Revenue - Cost of Goods Sold) / Revenue
=(245.232 - 1.789) / 245.232
=99.27 %

* 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.


Schibsted ASA  (OTCPK:SBSNY) 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

Schibsted ASA had a gross margin of 99.27% for the quarter that ended in Sep. 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.


Schibsted ASA Gross Margin % Related Terms

Thank you for viewing the detailed overview of Schibsted ASA's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Schibsted ASA Business Description

Address
Akersgata 55, PO Box 490 Sentrum, Oslo, NOR, 0180
Schibsted ASA is a Norway-based multimedia group that owns and operates newspapers, online classified advertisement websites, publishing houses, and other multimedia services. The company's largest sources of revenue are its Norwegian and Swedish newspapers and tabloid magazines such as Verdens Gang, Aftenposten, and Aftonbladet. It also operates other regional magazines, classified websites, and local newspapers in over 25 different countries around Europe, Asia, Latin America, and Africa. Schibsted's largest newspaper operations outside of Scandinavia are based in Spain and France.

Schibsted ASA Headlines

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