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Messer Tehnogas a.d (XBEL:TGAS) Gross Margin % : 64.17% (As of Dec. 2023)


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What is Messer Tehnogas a.d Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Messer Tehnogas a.d's Gross Profit for the six months ended in Dec. 2023 was RSD6,913 Mil. Messer Tehnogas a.d's Revenue for the six months ended in Dec. 2023 was RSD10,772 Mil. Therefore, Messer Tehnogas a.d's Gross Margin % for the quarter that ended in Dec. 2023 was 64.17%.

Warning Sign:

Messer Tehnogas a.d gross margin has been in long-term decline. The average rate of decline per year is -5.3%.


The historical rank and industry rank for Messer Tehnogas a.d's Gross Margin % or its related term are showing as below:

XBEL:TGAS' s Gross Margin % Range Over the Past 10 Years
Min: 50.92   Med: 71.54   Max: 76.97
Current: 54.98


During the past 13 years, the highest Gross Margin % of Messer Tehnogas a.d was 76.97%. The lowest was 50.92%. And the median was 71.54%.

XBEL:TGAS's Gross Margin % is ranked better than
94.23% of 1507 companies
in the Chemicals industry
Industry Median: 22.7 vs XBEL:TGAS: 54.98

Messer Tehnogas a.d had a gross margin of 64.17% for the quarter that ended in Dec. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Messer Tehnogas a.d was -5.30% per year.


Messer Tehnogas a.d Gross Margin % Historical Data

The historical data trend for Messer Tehnogas a.d'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.

Messer Tehnogas a.d Gross Margin % Chart

Messer Tehnogas a.d Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 70.78 50.92 62.08 55.57 54.98

Messer Tehnogas a.d 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 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 72.08 44.72 65.54 45.67 64.17

Competitive Comparison of Messer Tehnogas a.d's Gross Margin %

For the Specialty Chemicals subindustry, Messer Tehnogas a.d'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.


Messer Tehnogas a.d's Gross Margin % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Messer Tehnogas a.d's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Messer Tehnogas a.d's Gross Margin % falls into.



Messer Tehnogas a.d Gross Margin % Calculation

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

Messer Tehnogas a.d'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 )
=11768 / 21402.895
=(Revenue - Cost of Goods Sold) / Revenue
=(21402.895 - 9634.916) / 21402.895
=54.98 %

Messer Tehnogas a.d'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 )
=6912.6 / 10771.987
=(Revenue - Cost of Goods Sold) / Revenue
=(10771.987 - 3859.417) / 10771.987
=64.17 %

* 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.


Messer Tehnogas a.d  (XBEL:TGAS) 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

Messer Tehnogas a.d had a gross margin of 64.17% 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.


Messer Tehnogas a.d Gross Margin % Related Terms

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Messer Tehnogas a.d (XBEL:TGAS) Business Description

Traded in Other Exchanges
N/A
Address
Banjicki Put 62, Belgrade, SRB
Messer Tehnogas a.d. is engaged in the production and marketing of industrial and medical gases. The company serves steel and metal, metallurgy, chemical and petrochemical, food and beverage, pharmaceutical, automobile, electronics, medicine, home care, cutting and welding, water treatment and ecology and scientific research industry. Its products include oxygen, azot, argon, hydrogen, helium, home care, special gases, distribution line, HFC refrigerant fluids, natural cooling fluids, and other gases.

Messer Tehnogas a.d (XBEL:TGAS) Headlines

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