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Media Research Institute (TSE:9242) Gross Margin % : 68.60% (As of Apr. 2024)


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What is Media Research Institute Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Media Research Institute's Gross Profit for the three months ended in Apr. 2024 was 円180 Mil. Media Research Institute's Revenue for the three months ended in Apr. 2024 was 円263 Mil. Therefore, Media Research Institute's Gross Margin % for the quarter that ended in Apr. 2024 was 68.60%.


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

TSE:9242' s Gross Margin % Range Over the Past 10 Years
Min: 61.88   Med: 74.89   Max: 79.48
Current: 74.87


During the past 5 years, the highest Gross Margin % of Media Research Institute was 79.48%. The lowest was 61.88%. And the median was 74.89%.

TSE:9242's Gross Margin % is ranked better than
87.69% of 991 companies
in the Business Services industry
Industry Median: 34.73 vs TSE:9242: 74.87

Media Research Institute had a gross margin of 68.60% for the quarter that ended in Apr. 2024 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Media Research Institute was 0.00% per year.


Media Research Institute Gross Margin % Historical Data

The historical data trend for Media Research Institute'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.

Media Research Institute Gross Margin % Chart

Media Research Institute Annual Data
Trend Jul19 Jul20 Jul21 Jul22 Jul23
Gross Margin %
61.88 62.23 79.48 77.75 74.89

Media Research Institute Quarterly Data
Jul19 Jul20 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24
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 68.09 72.15 76.09 77.63 68.60

Competitive Comparison of Media Research Institute's Gross Margin %

For the Staffing & Employment Services subindustry, Media Research Institute'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.


Media Research Institute's Gross Margin % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Media Research Institute's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Media Research Institute's Gross Margin % falls into.



Media Research Institute Gross Margin % Calculation

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

Media Research Institute's Gross Margin for the fiscal year that ended in Jul. 2023 is calculated as

Gross Margin % (A: Jul. 2023 )=Gross Profit (A: Jul. 2023 ) / Revenue (A: Jul. 2023 )
=715.4 / 955.247
=(Revenue - Cost of Goods Sold) / Revenue
=(955.247 - 239.854) / 955.247
=74.89 %

Media Research Institute's Gross Margin for the quarter that ended in Apr. 2024 is calculated as


Gross Margin % (Q: Apr. 2024 )=Gross Profit (Q: Apr. 2024 ) / Revenue (Q: Apr. 2024 )
=180.3 / 262.895
=(Revenue - Cost of Goods Sold) / Revenue
=(262.895 - 82.557) / 262.895
=68.60 %

* 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.


Media Research Institute  (TSE:9242) 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

Media Research Institute had a gross margin of 68.60% for the quarter that ended in Apr. 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.


Media Research Institute Gross Margin % Related Terms

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Media Research Institute (TSE:9242) Business Description

Traded in Other Exchanges
N/A
Address
2-8-1 Daimyo, Higo Tenjinho Building 6th Floor, Fukuoka Chuo-ku, Fukuoka, JPN, 810-0041
Media Research Institute Inc is primarily involved in the planning of job hunting events for technical college and university students.

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