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PMD Device Solutions AB (STU:8T00) Gross Margin % : 78.81% (As of Mar. 2024)


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What is PMD Device Solutions AB Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. PMD Device Solutions AB's Gross Profit for the three months ended in Mar. 2024 was €0.77 Mil. PMD Device Solutions AB's Revenue for the three months ended in Mar. 2024 was €0.98 Mil. Therefore, PMD Device Solutions AB's Gross Margin % for the quarter that ended in Mar. 2024 was 78.81%.


The historical rank and industry rank for PMD Device Solutions AB's Gross Margin % or its related term are showing as below:

STU:8T00' s Gross Margin % Range Over the Past 10 Years
Min: -129935.71   Med: -2601.32   Max: 54.76
Current: 54.76


During the past 8 years, the highest Gross Margin % of PMD Device Solutions AB was 54.76%. The lowest was -129935.71%. And the median was -2601.32%.

STU:8T00's Gross Margin % is ranked better than
52.45% of 795 companies
in the Medical Devices & Instruments industry
Industry Median: 52.61 vs STU:8T00: 54.76

PMD Device Solutions AB had a gross margin of 78.81% for the quarter that ended in Mar. 2024 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for PMD Device Solutions AB was 0.00% per year.


PMD Device Solutions AB Gross Margin % Historical Data

The historical data trend for PMD Device Solutions AB'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.

PMD Device Solutions AB Gross Margin % Chart

PMD Device Solutions AB Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial -416.53 -178,800.00 -3,536.59 -16,011.11 -

PMD Device Solutions AB Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 77.17 -945.45 - - 78.81

Competitive Comparison of PMD Device Solutions AB's Gross Margin %

For the Medical Devices subindustry, PMD Device Solutions AB'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.


PMD Device Solutions AB's Gross Margin % Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, PMD Device Solutions AB's Gross Margin % distribution charts can be found below:

* The bar in red indicates where PMD Device Solutions AB's Gross Margin % falls into.



PMD Device Solutions AB Gross Margin % Calculation

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

PMD Device Solutions AB'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 )
=0 / 0
=(Revenue - Cost of Goods Sold) / Revenue
=(0 - 0) / 0
=N/A %

PMD Device Solutions AB's Gross Margin for the quarter that ended in Mar. 2024 is calculated as


Gross Margin % (Q: Mar. 2024 )=Gross Profit (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=0.8 / 0.977
=(Revenue - Cost of Goods Sold) / Revenue
=(0.977 - 0.207) / 0.977
=78.81 %

* 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.


PMD Device Solutions AB  (STU:8T00) 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

PMD Device Solutions AB had a gross margin of 78.81% for the quarter that ended in Mar. 2024 => Durable 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.


PMD Device Solutions AB Gross Margin % Related Terms

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


PMD Device Solutions AB (STU:8T00) Business Description

Traded in Other Exchanges
Address
Fogdevreten 2, Solna, SWE, SE-171 65
PMD Device Solutions AB develops and sells medical products for respiratory monitoring in both the hospital and homecare setting. Its primary product is RespiraSense, a solution used for monitoring respiratory rate to detect deterioration of a patient's general condition early and to avoid preventable respiratory failure and adverse patient outcomes. RespiraSense is, to the Company's knowledge, the world's only continuous, motion-tolerant respiratory rate monitor delivering class-leading reliability in measuring respiratory rate. RespiraSense is a novel technology that is commercialised in Europe, the UK, and FDA-cleared in the US.

PMD Device Solutions AB (STU:8T00) Headlines

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