TTCFQ (Tattooed Chef) Gross Margin %: -7.02% (As of Mar. 2023)


TTCFQ Tattooed Chef Inc TTCFQ
12 GF Score
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What is Tattooed Chef Gross Margin %?

Tattooed Chef TTCFQ -99.00% 12 Gross Margin % is -7.02% as of Mar. 2023. GuruFocus rates TTCFQ with a GF Score™ of 12/100.

Gross Margin % is calculated as gross profit divided by its revenue. Tattooed Chef's Gross Profit for the three months ended in Mar. 2023 was $-4.1 Mil. Tattooed Chef's Revenue for the three months ended in Mar. 2023 was $59.1 Mil. Therefore, Tattooed Chef's Gross Margin % for the quarter that ended in Mar. 2023 was -7.02%.


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


TTCFQ's Gross Margin % is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 26.37
* Ranked among companies with meaningful Gross Margin % only.

Tattooed Chef had a gross margin of -7.02% for the quarter that ended in Mar. 2023 => No sustainable competitive advantage

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

Tattooed Chef  (OTCPK:TTCFQ) 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

Tattooed Chef had a gross margin of -7.02% for the quarter that ended in Mar. 2023 => No sustainable 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.

Tattooed Chef Gross Margin % Related Terms

Tattooed Chef Gross Margin % Historical Data

* Premium members only.

The historical data trend for Tattooed Chef'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.

Tattooed Chef Gross Margin % Chart

Tattooed Chef Annual Data
Trend Dec19 Dec20 Dec21 Dec22
Gross Margin %
16.18 15.06 8.24 -5.80

Tattooed Chef Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
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 6.01 -1.47 -7.20 -24.76 -7.02

TTCFQ vs KHC, GIS: Gross Margin % Comparison

For the Packaged Foods subindustry, Tattooed Chef'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.

Tattooed Chef Gross Margin % vs Consumer Packaged Goods Industry

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

* The bar in red indicates where Tattooed Chef's Gross Margin % falls into.


TTCFQ
12GF Score
Tattooed Chef Inc TTCFQ
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Tattooed Chef Gross Margin % Calculation

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

Tattooed Chef's Gross Margin for the fiscal year that ended in Dec. 2022 is calculated as

Gross Margin % (A: Dec. 2022 )=Gross Profit (A: Dec. 2022 ) / Revenue (A: Dec. 2022 )
=-13.4 / 230.929
=(Revenue - Cost of Goods Sold) / Revenue
=(230.929 - 244.332) / 230.929
=-5.80 %

Tattooed Chef's Gross Margin for the quarter that ended in Mar. 2023 is calculated as


Gross Margin % (Q: Mar. 2023 )=Gross Profit (Q: Mar. 2023 ) / Revenue (Q: Mar. 2023 )
=-4.1 / 59.092
=(Revenue - Cost of Goods Sold) / Revenue
=(59.092 - 63.239) / 59.092
=-7.02 %

* 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 -7.02% mean?
Tattooed Chef (TTCFQ) has a Gross Margin % of -7.02% as of Mar. 2023. Gross margin is the ratio of total gross profit to net sales. View historical data on Tattooed Chef and its competitors.
Is Tattooed Chef's Gross Margin % too high?
Tattooed Chef's current Gross Margin % is -7.02%. Overall, Tattooed Chef has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Tattooed Chef's Gross Margin % compare to KHC and GIS?
Tattooed Chef's Gross Margin % of -7.02% can be compared against companies in the Consumer Packaged Goods industry. The industry median Gross Margin % is 26.37. 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 26.37, based on 1,901 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. 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 Tattooed Chef and its competitors. For the Consumer Packaged Goods industry, the median Gross Margin % is 26.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tattooed Chef's current Gross Margin % is -7.02%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tattooed Chef stock overvalued right now?
Tattooed Chef (TTCFQ) has a current Gross Margin % of -7.02%. The current Gross Margin % is -7.02%. Tattooed Chef's overall GF Score™ is 12/100. 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 Tattooed Chef (TTCFQ), the current Gross Margin % is -7.02% as of Mar. 2023. 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.

Tattooed Chef Business Description

Address 6305 Alondra Boulevard, Paramount, CA, USA, 90723
Tattooed Chef Inc is a plant-based food company offering a broad portfolio of frozen foods. The company supplies plant-based products to retailers in the United States, with signature products such as ready-to-cook bowls, zucchini spirals, riced cauliflower, acai and smoothie bowls, cauliflower crust pizza, wood fire-crusted pizza, handheld burritos, bars, and quesadillas.
12GF Score

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Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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