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SRRPF (Shagrir Group Vehicle Services) Gross Margin % : 20.52% (As of Sep. 2024)


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What is Shagrir Group Vehicle Services Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Shagrir Group Vehicle Services's Gross Profit for the three months ended in Sep. 2024 was $5.12 Mil. Shagrir Group Vehicle Services's Revenue for the three months ended in Sep. 2024 was $24.95 Mil. Therefore, Shagrir Group Vehicle Services's Gross Margin % for the quarter that ended in Sep. 2024 was 20.52%.


The historical rank and industry rank for Shagrir Group Vehicle Services's Gross Margin % or its related term are showing as below:

SRRPF' s Gross Margin % Range Over the Past 10 Years
Min: 10.86   Med: 18.03   Max: 22.17
Current: 22.17


During the past 10 years, the highest Gross Margin % of Shagrir Group Vehicle Services was 22.17%. The lowest was 10.86%. And the median was 18.03%.

SRRPF's Gross Margin % is ranked worse than
72.1% of 982 companies
in the Business Services industry
Industry Median: 34.46 vs SRRPF: 22.17

Shagrir Group Vehicle Services had a gross margin of 20.52% for the quarter that ended in Sep. 2024 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Shagrir Group Vehicle Services was 2.00% per year.


Shagrir Group Vehicle Services Gross Margin % Historical Data

The historical data trend for Shagrir Group Vehicle Services'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.

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Shagrir Group Vehicle Services Gross Margin % Chart

Shagrir Group Vehicle Services 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 20.77 19.34 17.69 18.37 20.74

Shagrir Group Vehicle Services 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 19.71 23.97 23.44 20.73 20.52

Competitive Comparison of Shagrir Group Vehicle Services's Gross Margin %

For the Specialty Business Services subindustry, Shagrir Group Vehicle Services'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.


Shagrir Group Vehicle Services's Gross Margin % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Shagrir Group Vehicle Services's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Shagrir Group Vehicle Services's Gross Margin % falls into.


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Shagrir Group Vehicle Services Gross Margin % Calculation

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

Shagrir Group Vehicle Services'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 )
=17.9 / 86.082
=(Revenue - Cost of Goods Sold) / Revenue
=(86.082 - 68.226) / 86.082
=20.74 %

Shagrir Group Vehicle Services'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 )
=5.1 / 24.948
=(Revenue - Cost of Goods Sold) / Revenue
=(24.948 - 19.829) / 24.948
=20.52 %

* 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.


Shagrir Group Vehicle Services  (OTCPK:SRRPF) 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

Shagrir Group Vehicle Services had a gross margin of 20.52% for the quarter that ended in Sep. 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.


Shagrir Group Vehicle Services Gross Margin % Related Terms

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Shagrir Group Vehicle Services Business Description

Traded in Other Exchanges
Address
8 Hanefach Street, Holon, ISR, 58117018
Shagrir Group Vehicle Services Ltd provides roadside automobile security assistance services as well as towing services. Its services are road services, towing, vehicle replacement and alternative radio services. The company provided 24/7 service to private subscribers, leasing and rental companies, and institutions fleets.

Shagrir Group Vehicle Services Headlines

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