Ringmetall SE (STU:HP3) Gross Margin % : 51.49% (As of Dec. 2023)

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What is Ringmetall SE Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Ringmetall SE's Gross Profit for the six months ended in Dec. 2023 was €41.7 Mil. Ringmetall SE's Revenue for the six months ended in Dec. 2023 was €81.0 Mil. Therefore, Ringmetall SE's Gross Margin % for the quarter that ended in Dec. 2023 was 51.49%.

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

STU:HP3' s Gross Margin % Range Over the Past 10 Years
Min: 42.97 Med: 46.24 Max: 49.74
Current: 49.74

During the past 13 years, the highest Gross Margin % of Ringmetall SE was 49.74%. The lowest was 42.97%. And the median was 46.24%.

STU:HP3's Gross Margin % is ranked better than
90.06% of 2929 companies
in the Industrial Products industry
Industry Median: 26.57 vs STU:HP3: 49.74

Ringmetall SE had a gross margin of 51.49% for the quarter that ended in Dec. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Ringmetall SE was 0.80% per year.

Ringmetall SE Gross Margin % Historical Data

The historical data trend for Ringmetall SE'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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Ringmetall SE Gross Margin % Chart

Ringmetall SE Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Gross Margin %

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46.01

48.24

46.46

42.97

49.74

Ringmetall SE Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Gross Margin %	Get a 7-Day Free Trial															45.37	43.02	42.92	48.32	51.49

Competitive Comparison of Ringmetall SE's Gross Margin %

For the Tools & Accessories subindustry, Ringmetall SE'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.

Ringmetall SE's Gross Margin % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Ringmetall SE's Gross Margin % distribution charts can be found below:

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

Ringmetall SE Gross Margin % Calculation

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

Ringmetall SE'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 )
	=	90.3	/	181.584
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(181.584 - 91.271)	/	181.584
	=	49.74 %

Ringmetall SE's Gross Margin for the quarter that ended in Dec. 2023 is calculated as

Gross Margin % (Q: Dec. 2023 )	=	Gross Profit (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	41.7	/	81.021
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(81.021 - 39.301)	/	81.021
	=	51.49 %

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.

Ringmetall SE (STU:HP3) 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

Ringmetall SE had a gross margin of 51.49% for the quarter that ended in Dec. 2023 => 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.

Ringmetall SE Gross Margin % Related Terms

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Ringmetall SE (STU:HP3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Ringmetall SE (STU:HP3) » Definitions » Gross Margin %

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Traded in Other Exchanges

HP3A:Germany

Address

Innere Wiener Street 9, Munich, BY, DEU, 81667

Website

https://www.ringmetall.de

Ringmetall SE is a supplier in the packaging industry with a focus on packaging elements in the field of industrial drums. Its main activities are allocated to the Industrial Packaging and Industrial Handling business units. The majority of its revenue is generated from industrial packaging segment. The products offered by the group are Clamping rings and lids, Vehicle attachment parts, and other products, of which a majority of the revenue is generated from the sales of Clamping rings and lids. The Industrial packaging segment covers the production and sale of clamping rings and the associated closures, whereas the Industrial Handling segment includes the production and marketing of vehicle attachment parts for special vehicles in logistics and warehouse logistics as well as agriculture.

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