SGMD (Sugarmade) Gross Margin %: 0.00% (As of Jun. 2023)

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SGMD Sugarmade Inc SGMD
12 GF Score
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What is Sugarmade Gross Margin %?

Sugarmade SGMD 12 Gross Margin % is 0.00% as of Jun. 2023. GuruFocus rates SGMD with a GF Score™ of 12/100.

Gross Margin % is calculated as gross profit divided by its revenue. Sugarmade's Gross Profit for the three months ended in Jun. 2023 was $0.00 Mil. Sugarmade's Revenue for the three months ended in Jun. 2023 was $0.00 Mil. Therefore, Sugarmade's Gross Margin % for the quarter that ended in Jun. 2023 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 Sugarmade's Gross Margin % or its related term are showing as below:


SGMD's Gross Margin % is not ranked *
in the Forest Products industry.
Industry Median: 18.825
* Ranked among companies with meaningful Gross Margin % only.

Sugarmade had a gross margin of N/A% for the quarter that ended in Jun. 2023 => No sustainable competitive advantage

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


Sugarmade  (OTCPK:SGMD) 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

Sugarmade had a gross margin of N/A% for the quarter that ended in Jun. 2023 => 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.


Sugarmade Gross Margin % Related Terms


Sugarmade Gross Margin % Historical Data

* Premium members only.

The historical data trend for Sugarmade'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.

Sugarmade Gross Margin % Chart

Sugarmade Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 27.36 34.63 45.89 59.69 40.47

Sugarmade Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Jun23
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 61.48 45.71 34.79 48.50 0.00

SGMD vs CCRD, DHX, WFCF: Gross Margin % Comparison

For the Paper & Paper Products subindustry, Sugarmade'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.


Sugarmade Gross Margin % vs Forest Products Industry

For the Forest Products industry and Basic Materials sector, Sugarmade's Gross Margin % distribution charts can be found below:

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


SGMD
12GF Score
Sugarmade Inc SGMD
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Sugarmade 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.)

Sugarmade's Gross Margin for the fiscal year that ended in Jun. 2023 is calculated as

Gross Margin % (A: Jun. 2023 )=Gross Profit (A: Jun. 2023 ) / Revenue (A: Jun. 2023 )
=1 / 2.397
=(Revenue - Cost of Goods Sold) / Revenue
=(2.397 - 1.427) / 2.397
=40.47 %

Sugarmade's Gross Margin for the quarter that ended in Jun. 2023 is calculated as


Gross Margin % (Q: Jun. 2023 )=Gross Profit (Q: Jun. 2023 ) / Revenue (Q: Jun. 2023 )
=0 / 0
=(Revenue - Cost of Goods Sold) / Revenue
=(0 - 0) / 0
=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?
Sugarmade (SGMD) has a Gross Margin % of 0.00% as of Jun. 2023. Gross margin is the ratio of total gross profit to net sales. View historical data on Sugarmade and its competitors.
Is Sugarmade's Gross Margin % too high?
Sugarmade's current Gross Margin % is 0.00%. Overall, Sugarmade has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Sugarmade's Gross Margin % compare to CCRD and DHX?
Sugarmade's Gross Margin % of 0.00% can be compared against companies in the Forest Products industry. The industry median Gross Margin % is 18.83. 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 Forest Products company?
The median Gross Margin % among Forest Products companies is 18.83, based on 278 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 Sugarmade and its competitors. For the Forest Products industry, the median Gross Margin % is 18.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sugarmade'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 Sugarmade stock overvalued right now?
Sugarmade (SGMD) has a current Gross Margin % of 0.00%. The current Gross Margin % is 0.00%. Sugarmade's overall GF Score™ is 12/100. 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 Sugarmade (SGMD), the current Gross Margin % is 0.00% as of Jun. 2023. 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.

Sugarmade Business Description

Address 20529 East Walnut Drive North, Walnut, CA, USA, 91789
Sugarmade Inc is engaged in the marketing and distribution of environmentally friendly non-tree-based paper products. It offers products such as double poly paper cups for cold beverages; disposable, clear, plastic cold cups, paper coffee cups, yogurt cups, ice cream cups, cup lids, cup sleeves, food containers, soup containers, plastic spoons, and many other similar products for this market sector. The company operates under through Carry Out Supplies Subsidiary brand. In addition, it is also involved in the manufacturing and distribution of products and technologies that support the legal cultivation and processing of cannabis and other agricultural products.
12GF Score

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Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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