Stamford Tyres (SGX:S29) Gross Margin % : 27.18% (As of Oct. 2024)

Stamford Tyres Gross Margin % Chart

Stamford Tyres Annual Data
	Trend	Apr15	Apr16	Apr17	Apr18	Apr19	Apr20	Apr21	Apr22	Apr23	Apr24
Gross Margin %		Get a 7-Day Free Trial					24.06	26.56	28.89	28.51	28.02

Stamford Tyres Semi-Annual Data
	Apr15	Oct15	Apr16	Oct16	Apr17	Oct17	Apr18	Oct18	Apr19	Oct19	Apr20	Oct20	Apr21	Oct21	Apr22	Oct22	Apr23	Oct23	Apr24	Oct24
Gross Margin %	Get a 7-Day Free Trial															28.27	28.75	27.61	28.47	27.18

Competitive Comparison of Stamford Tyres's Gross Margin %

For the Auto Parts subindustry, Stamford Tyres'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.

Stamford Tyres's Gross Margin % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Stamford Tyres's Gross Margin % distribution charts can be found below:

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

Stamford Tyres Gross Margin % Calculation

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

Stamford Tyres's Gross Margin for the fiscal year that ended in Apr. 2024 is calculated as

Stamford Tyres's Gross Margin for the quarter that ended in Oct. 2024 is calculated as

* 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.

Stamford Tyres  (SGX:S29) 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

Stamford Tyres had a gross margin of 27.18% for the quarter that ended in Oct. 2024 => 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.

Stamford Tyres Gross Margin % Related Terms

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Stamford Tyres Business Description