SCEPH.PFD (SCE Trust III) Gross Margin %: 0.00% (As of . 20)


What is SCE Trust III Gross Margin %?

SCE Trust III SCEPH.PFD -0.01% Gross Margin % is 0.00% as of . 20.

Gross Margin % is calculated as gross profit divided by its revenue. SCE Trust III's Gross Profit for the three months ended in . 20 was $0.00 Mil. SCE Trust III's Revenue for the three months ended in . 20 was $0.00 Mil. Therefore, SCE Trust III's Gross Margin % for the quarter that ended in . 20 was 0.00%. If there's no value for Cost of Goods Sold, then Gross Margin % is not calculated.


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


SCEpH.PFD's Gross Margin % is not ranked *
in the Asset Management industry.
Industry Median: 58.335
* Ranked among companies with meaningful Gross Margin % only.

SCE Trust III had a gross margin of N/A% for the quarter that ended in . 20 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for SCE Trust III was 0.00% per year.


SCE Trust III  (NYSE:SCEpH.PFD) 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

SCE Trust III had a gross margin of N/A% for the quarter that ended in . 20 => 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.


SCE Trust III Gross Margin % Related Terms


SCE Trust III Gross Margin % Historical Data

* Premium members only.

The historical data trend for SCE Trust III'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.

SCE Trust III Gross Margin % Chart

SCE Trust III Annual Data
Trend
Gross Margin %

SCE Trust III Quarterly Data
Gross Margin %

SCEPH.PFD vs ESTRF, HALN, INNO: Gross Margin % Comparison

For the Asset Management subindustry, SCE Trust III'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.


SCE Trust III Gross Margin % vs Asset Management Industry

For the Asset Management industry and Financial Services sector, SCE Trust III's Gross Margin % distribution charts can be found below:

* The bar in red indicates where SCE Trust III's Gross Margin % falls into.



SCE Trust III Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue. (Note that if there's no value for Cost of Goods Sold, then Gross Margin % is not calculated.)

SCE Trust III's Gross Margin for the fiscal year that ended in . 20 is calculated as

Gross Margin % (A: . 20 )=Gross Profit (A: . 20 ) / Revenue (A: . 20 )
=0 /
=(Revenue - Cost of Goods Sold) / Revenue
=( - ) /
=N/A %

SCE Trust III's Gross Margin for the quarter that ended in . 20 is calculated as


Gross Margin % (Q: . 20 )=Gross Profit (Q: . 20 ) / Revenue (Q: . 20 )
=0 /
=(Revenue - Cost of Goods Sold) / Revenue
=( - ) /
=N/A %

* 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.

Frequently Asked Questions Learn more about Gross Margin % →
What does a Gross Margin % of 0.00% mean?
SCE Trust III (SCEPH.PFD) has a Gross Margin % of 0.00% as of . 20. Gross margin is the ratio of total gross profit to net sales. View historical data on SCE Trust III and its competitors.
Is SCE Trust III's Gross Margin % too high?
SCE Trust III's current Gross Margin % is 0.00%.
How does SCE Trust III's Gross Margin % compare to ESTRF and HALN?
SCE Trust III's Gross Margin % of 0.00% can be compared against companies in the Asset Management industry. The industry median Gross Margin % is 58.34. 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 an Asset Management company?
The median Gross Margin % among Asset Management companies is 58.34, based on 554 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. 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 SCE Trust III and its competitors. For the Asset Management industry, the median Gross Margin % is 58.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SCE Trust III's current Gross Margin % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SCE Trust III stock overvalued right now?
SCE Trust III (SCEPH.PFD) has a current Gross Margin % of 0.00%. The current Gross Margin % is 0.00%. 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 SCE Trust III (SCEPH.PFD), the current Gross Margin % is 0.00% as of . 20. 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.

SCE Trust III Business Description

Address 2244 Walnut Grove Avenue, P.O. Box 800, Rosemead, CA, USA, 91770
SCE Trust III is a statutory trust. The company was created for the purpose of issuing and selling the 5.75% Fixed-to-Floating Rate Trust Preference Securities.