Metro Holdings (SGX:M01) Gross Margin % : 10.19% (As of Sep. 2023)

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What is Metro Holdings Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Metro Holdings's Gross Profit for the six months ended in Sep. 2023 was S$5.1 Mil. Metro Holdings's Revenue for the six months ended in Sep. 2023 was S$50.2 Mil. Therefore, Metro Holdings's Gross Margin % for the quarter that ended in Sep. 2023 was 10.19%.

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

SGX:M01' s Gross Margin % Range Over the Past 10 Years
Min: 5.7 Med: 8.47 Max: 17.38
Current: 14.34

During the past 13 years, the highest Gross Margin % of Metro Holdings was 17.38%. The lowest was 5.70%. And the median was 8.47%.

SGX:M01's Gross Margin % is ranked worse than
86.39% of 1095 companies
in the Retail - Cyclical industry
Industry Median: 36.61 vs SGX:M01: 14.34

Metro Holdings had a gross margin of 10.19% for the quarter that ended in Sep. 2023 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Metro Holdings was 29.10% per year.

Metro Holdings Gross Margin % Historical Data

The historical data trend for Metro Holdings'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.

Metro Holdings Gross Margin % Chart

Metro Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Gross Margin %

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5.88

9.59

15.92

15.23

17.38

Metro Holdings Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Gross Margin %	Get a 7-Day Free Trial															12.25	17.26	17.08	17.63	10.19

Competitive Comparison of Metro Holdings's Gross Margin %

For the Department Stores subindustry, Metro Holdings'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.

Metro Holdings's Gross Margin % Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Metro Holdings's Gross Margin % distribution charts can be found below:

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

Metro Holdings Gross Margin % Calculation

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

Metro Holdings's Gross Margin for the fiscal year that ended in Mar. 2023 is calculated as

Gross Margin % (A: Mar. 2023 )	=	Gross Profit (A: Mar. 2023 )	/	Revenue (A: Mar. 2023 )
	=	20.4	/	117.237
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(117.237 - 96.865)	/	117.237
	=	17.38 %

Metro Holdings's Gross Margin for the quarter that ended in Sep. 2023 is calculated as

Gross Margin % (Q: Sep. 2023 )	=	Gross Profit (Q: Sep. 2023 )	/	Revenue (Q: Sep. 2023 )
	=	5.1	/	50.161
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(50.161 - 45.05)	/	50.161
	=	10.19 %

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.

Metro Holdings (SGX:M01) 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

Metro Holdings had a gross margin of 10.19% for the quarter that ended in Sep. 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.

Metro Holdings Gross Margin % Related Terms

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

Metro Holdings (SGX:M01) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Metro Holdings Ltd (SGX:M01) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

391A Orchard Road, No. 19-00, Tower A, Ngee Ann City, Singapore, SGP, 238873

Website

https://www.metroholdings.com.sg

Metro Holdings Ltd is a property investment and holding company. It owns and operates department stores. The company's operating segments include Retail and Property. The retail segment is involved in the business of retailing and operating departmental stores. The property sector is involved in the leasing of shopping and office spaces owned by the group and investing in property-related investments. It generates maximum revenue from the Retail segment. Geographically, it derives a majority of its revenue from Singapore.

Metro Holdings (SGX:M01) Headlines

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