BioNeutra Global (TSXV:BGA) Gross Margin %: 27.57% (As of Sep. 2024)


What is BioNeutra Global Gross Margin %?

BioNeutra Global TSXV:BGA Gross Margin % is 27.57% as of Sep. 2024.

Gross Margin % is calculated as gross profit divided by its revenue. BioNeutra Global's Gross Profit for the three months ended in Sep. 2024 was C$0.84 Mil. BioNeutra Global's Revenue for the three months ended in Sep. 2024 was C$3.05 Mil. Therefore, BioNeutra Global's Gross Margin % for the quarter that ended in Sep. 2024 was 27.57%.


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


TSXV:BGA's Gross Margin % is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 26.36
* Ranked among companies with meaningful Gross Margin % only.

BioNeutra Global had a gross margin of 27.57% for the quarter that ended in Sep. 2024 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for BioNeutra Global was 0.00% per year.


BioNeutra Global  (TSXV:BGA) 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

BioNeutra Global had a gross margin of 27.57% 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.


BioNeutra Global Gross Margin % Related Terms


BioNeutra Global Gross Margin % Historical Data

* Premium members only.

The historical data trend for BioNeutra Global'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.

BioNeutra Global Gross Margin % Chart

BioNeutra Global Annual Data
Trend Feb14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.69 16.35 18.77 17.53 36.40

BioNeutra Global 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 35.20 91.56 21.11 30.94 27.57

TSXV:BGA vs ARRT, BSFC, RTON: Gross Margin % Comparison

For the Packaged Foods subindustry, BioNeutra Global'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.


BioNeutra Global Gross Margin % vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, BioNeutra Global's Gross Margin % distribution charts can be found below:

* The bar in red indicates where BioNeutra Global's Gross Margin % falls into.



BioNeutra Global Gross Margin % Calculation

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

BioNeutra Global'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 )
=4.1 / 11.383
=(Revenue - Cost of Goods Sold) / Revenue
=(11.383 - 7.24) / 11.383
=36.40 %

BioNeutra Global'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 )
=0.8 / 3.05
=(Revenue - Cost of Goods Sold) / Revenue
=(3.05 - 2.209) / 3.05
=27.57 %

* 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.

Frequently Asked Questions Learn more about Gross Margin % →
What does a Gross Margin % of 27.57% mean?
BioNeutra Global (TSXV:BGA) has a Gross Margin % of 27.57% as of Sep. 2024. Gross margin is the ratio of total gross profit to net sales. View historical data on BioNeutra Global and its competitors.
Is BioNeutra Global's Gross Margin % too high?
BioNeutra Global's current Gross Margin % is 27.57%. The Consumer Packaged Goods industry median Gross Margin % is 26.36. BioNeutra Global's value of 27.57% is 4.6% above this industry median.
How does BioNeutra Global's Gross Margin % compare to ARRT and BSFC?
BioNeutra Global's Gross Margin % of 27.57% can be compared against companies in the Consumer Packaged Goods industry. The industry median Gross Margin % is 26.36. BioNeutra Global's value of 27.57% is 4.6% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Margin % for a Consumer Packaged Goods company?
The median Gross Margin % among Consumer Packaged Goods companies is 26.36, based on 1,899 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. BioNeutra Global's current Gross Margin % of 27.57% is 4.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on BioNeutra Global and its competitors. For the Consumer Packaged Goods industry, the median Gross Margin % is 26.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BioNeutra Global's current Gross Margin % is 27.57%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BioNeutra Global stock overvalued right now?
BioNeutra Global (TSXV:BGA) has a current Gross Margin % of 27.57%. The current Gross Margin % is 27.57% and 4.6% above the Consumer Packaged Goods industry median of 26.36. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For BioNeutra Global (TSXV:BGA), the current Gross Margin % is 27.57% as of Sep. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

BioNeutra Global Business Description

Address 1101-1030 West Georgia Street, Vancouver, BC, CAN, V6E 2Y3
BioNeutra Global Corp is engaged in the research, development, production, and commercialization of food ingredients for neutraceutical, functional and mainstream foods, focusing on oligosaccharides. Its product portfolio provides ingredients for various food systems, that contribute to human nutrition and wellness in functional and healthy foods. Its prime product, VitaFiber IMO, is offered in both powder and syrup form. The company operates in Canada while generating sales revenue from various countries internationally. It has a single industry segment, manufacturing and trading of products. The majority of the revenue is derived from the United States.