Elektrokrajina AD (XBLB:EKBL-R-A) Gross Margin %: 59.21% (As of Dec. 2023)

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What is Elektrokrajina AD Gross Margin %?

Elektrokrajina AD XBLB:EKBL-R-A Gross Margin % is 59.21% as of Dec. 2023.

Gross Margin % is calculated as gross profit divided by its revenue. Elektrokrajina AD's Gross Profit for the six months ended in Dec. 2023 was BAM88.8 Mil. Elektrokrajina AD's Revenue for the six months ended in Dec. 2023 was BAM150.0 Mil. Therefore, Elektrokrajina AD's Gross Margin % for the quarter that ended in Dec. 2023 was 59.21%.


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


XBLB:EKBL-R-A's Gross Margin % is not ranked *
in the Utilities - Regulated industry.
Industry Median: 30.755
* Ranked among companies with meaningful Gross Margin % only.

Elektrokrajina AD had a gross margin of 59.21% for the quarter that ended in Dec. 2023 => Durable competitive advantage

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

Elektrokrajina AD  (XBLB:EKBL-R-A) 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

Elektrokrajina AD had a gross margin of 59.21% 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.

Elektrokrajina AD Gross Margin % Related Terms

Elektrokrajina AD Gross Margin % Historical Data

* Premium members only.

The historical data trend for Elektrokrajina AD'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.

Elektrokrajina AD Gross Margin % Chart

Elektrokrajina AD Annual Data
Trend Dec17 Dec18 Dec19 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial 31.64 32.13 0.00 55.58 59.21

Elektrokrajina AD Semi-Annual Data
Dec17 Dec18 Dec19 Dec21 Dec22 Dec23
Gross Margin % Get a 7-Day Free Trial 31.64 32.13 0.00 55.58 59.21

XBLB:EKBL-R-A vs NEE, SO, DUK: Gross Margin % Comparison

For the Utilities - Regulated Electric subindustry, Elektrokrajina AD'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.

Elektrokrajina AD Gross Margin % vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Elektrokrajina AD's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Elektrokrajina AD's Gross Margin % falls into.


Elektrokrajina AD Gross Margin % Calculation

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

Elektrokrajina AD'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 )
=88.8 / 149.98
=(Revenue - Cost of Goods Sold) / Revenue
=(149.98 - 61.181) / 149.98
=59.21 %

Elektrokrajina AD'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 )
=88.8 / 149.98
=(Revenue - Cost of Goods Sold) / Revenue
=(149.98 - 61.181) / 149.98
=59.21 %

* 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 59.21% mean?
Elektrokrajina AD (XBLB:EKBL-R-A) has a Gross Margin % of 59.21% as of Dec. 2023. Gross margin is the ratio of total gross profit to net sales. View historical data on Elektrokrajina AD and its competitors.
Is Elektrokrajina AD's Gross Margin % too high?
Elektrokrajina AD's current Gross Margin % is 59.21%. The Utilities - Regulated industry median Gross Margin % is 30.76. Elektrokrajina AD's value of 59.21% is 92.5% above this industry median.
How does Elektrokrajina AD's Gross Margin % compare to NEE and SO?
Elektrokrajina AD's Gross Margin % of 59.21% can be compared against companies in the Utilities - Regulated industry. The industry median Gross Margin % is 30.76. Elektrokrajina AD's value of 59.21% is 92.5% 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 an Utilities - Regulated company?
The median Gross Margin % among Utilities - Regulated companies is 30.76, based on 490 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. Elektrokrajina AD's current Gross Margin % of 59.21% is 92.5% 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 Elektrokrajina AD and its competitors. For the Utilities - Regulated industry, the median Gross Margin % is 30.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Elektrokrajina AD's current Gross Margin % is 59.21%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Elektrokrajina AD stock overvalued right now?
Elektrokrajina AD (XBLB:EKBL-R-A) has a current Gross Margin % of 59.21%. The current Gross Margin % is 59.21% and 92.5% above the Utilities - Regulated industry median of 30.76. 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 Elektrokrajina AD (XBLB:EKBL-R-A), the current Gross Margin % is 59.21% as of Dec. 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.

Elektrokrajina AD Business Description

Address 95 Kralja Petra I Karayoryeviya Street, Banja Luka, BIH, 78000
Elektrokrajina AD is an electricity distribution company operating in Bosnia and Herzegovina. The activities of the company include distribution and supply of electricity and designing power facilities as well as building and maintaining them.