SMB Cote d'Ivoire (XBRV:SMBC) Gross Margin %: 13.11% (As of Dec. 2024) — 36% Below Median

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XBRV:SMBC SMB Cote d'Ivoire XBRV:SMBC
53 GF Score
Price XOF16,500.00
! 11 Warning Signs
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What is SMB Cote d'Ivoire Gross Margin %?

SMB Cote d'Ivoire XBRV:SMBC 53 Gross Margin % is 13.11% as of Dec. 2024, which is 36% below its 10-year median of 20.34. GuruFocus rates XBRV:SMBC with a GF Score™ of 53/100. The stock has 11 warning signs investors should review. Among 1,562 Chemicals companies, SMB Cote d'Ivoire ranks worse than 76.95% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. SMB Cote d'Ivoire's Gross Profit for the six months ended in Dec. 2024 was XOF30,029 Mil. SMB Cote d'Ivoire's Revenue for the six months ended in Dec. 2024 was XOF229,061 Mil. Therefore, SMB Cote d'Ivoire's Gross Margin % for the quarter that ended in Dec. 2024 was 13.11%.

Warning Sign:

SMB Cote d'Ivoire gross margin has been in long-term decline. The average rate of decline per year is -5.9%.


The historical rank and industry rank for SMB Cote d'Ivoire's Gross Margin % or its related term are showing as below:

XBRV:SMBC' s Gross Margin % Range Over the Past 10 Years
Min: 12   Med: 20.34   Max: 28.97
Current: 13.11


During the past 13 years, the highest Gross Margin % of SMB Cote d'Ivoire was 28.97%. The lowest was 12.00%. And the median was 20.34%.

XBRV:SMBC's Gross Margin % is ranked worse than
76.95% of 1562 companies
in the Chemicals industry
Industry Median: 23.66 vs XBRV:SMBC: 13.11

SMB Cote d'Ivoire had a gross margin of 13.11% for the quarter that ended in Dec. 2024 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for SMB Cote d'Ivoire was -5.90% per year.


SMB Cote d'Ivoire  (XBRV:SMBC) 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

SMB Cote d'Ivoire had a gross margin of 13.11% for the quarter that ended in Dec. 2024 => 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.


SMB Cote d'Ivoire Gross Margin % Related Terms


SMB Cote d'Ivoire Gross Margin % Historical Data

* Premium members only.

The historical data trend for SMB Cote d'Ivoire'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.

SMB Cote d'Ivoire Gross Margin % Chart

SMB Cote d'Ivoire Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 28.97 21.27 12.00 19.64 13.11

SMB Cote d'Ivoire Semi-Annual Data
Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
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 28.97 21.27 12.00 19.64 13.11

XBRV:SMBC vs LIN, SHW, ECL: Gross Margin % Comparison

For the Specialty Chemicals subindustry, SMB Cote d'Ivoire'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.


SMB Cote d'Ivoire Gross Margin % vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, SMB Cote d'Ivoire's Gross Margin % distribution charts can be found below:

* The bar in red indicates where SMB Cote d'Ivoire's Gross Margin % falls into.


XBRV:SMBC
53GF Score
SMB Cote d'Ivoire XBRV:SMBC
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

SMB Cote d'Ivoire Gross Margin % Calculation

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

SMB Cote d'Ivoire's Gross Margin for the fiscal year that ended in Dec. 2024 is calculated as

Gross Margin % (A: Dec. 2024 )=Gross Profit (A: Dec. 2024 ) / Revenue (A: Dec. 2024 )
=30029 / 229061
=(Revenue - Cost of Goods Sold) / Revenue
=(229061 - 199032) / 229061
=13.11 %

SMB Cote d'Ivoire's Gross Margin for the quarter that ended in Dec. 2024 is calculated as


Gross Margin % (Q: Dec. 2024 )=Gross Profit (Q: Dec. 2024 ) / Revenue (Q: Dec. 2024 )
=30029 / 229061
=(Revenue - Cost of Goods Sold) / Revenue
=(229061 - 199032) / 229061
=13.11 %

* 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 13.11% mean?
SMB Cote d'Ivoire (XBRV:SMBC) has a Gross Margin % of 13.11% as of Dec. 2024. Gross margin is the ratio of total gross profit to net sales. View historical data on SMB Cote d'Ivoire and its competitors. This is 36% below median its historical median of 20.34. Over the past decade, SMB Cote d'Ivoire's Gross Margin % has ranged from 12.00 to 28.97. According to the industry distribution chart, SMB Cote d'Ivoire ranks #1202 out of 1562 companies in the Chemicals industry, placing it in the top 77%.
Is SMB Cote d'Ivoire's Gross Margin % too high?
SMB Cote d'Ivoire's current Gross Margin % of 13.11% is 36% below median its 10-year median of 20.34. Over the past 10 years, this metric has ranged from a low of 12.00 to a high of 28.97. The Chemicals industry median Gross Margin % is 23.66. SMB Cote d'Ivoire's value of 13.11% is 44.6% below this industry median. Based on the distribution chart, SMB Cote d'Ivoire ranks #1202 out of 1562 companies in the Chemicals industry, which is in the bottom quartile relative to peers. Overall, SMB Cote d'Ivoire has a GF Score™ of 53/100, reflecting its overall financial health beyond just this single metric.
How does SMB Cote d'Ivoire's Gross Margin % compare to LIN and SHW?
According to the Chemicals industry distribution chart, SMB Cote d'Ivoire ranks #1202 out of 1562 companies for Gross Margin %. This places SMB Cote d'Ivoire in the lower half of its industry. The industry median Gross Margin % is 23.66. SMB Cote d'Ivoire's value of 13.11% is 44.6% below this benchmark. Historically, SMB Cote d'Ivoire's own Gross Margin % has ranged from 12.00 to 28.97 over the past decade. While the company's 10-year median is 20.34 vs. the industry median of 23.66, SMB Cote d'Ivoire has consistently been below the industry average. 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 Chemicals company?
The median Gross Margin % among Chemicals companies is 23.66, based on 1,562 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. SMB Cote d'Ivoire's current Gross Margin % of 13.11% is 44.6% below 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 SMB Cote d'Ivoire and its competitors. For the Chemicals industry, the median Gross Margin % is 23.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SMB Cote d'Ivoire's current Gross Margin % is 13.11%, which is 36% below median its own 10-year median of 20.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SMB Cote d'Ivoire stock overvalued right now?
SMB Cote d'Ivoire (XBRV:SMBC) has a current Gross Margin % of 13.11%. The current Gross Margin % is 13.11%, which is 36% below median its 10-year median of 20.34 and 44.6% below the Chemicals industry median of 23.66. SMB Cote d'Ivoire's overall GF Score™ is 53/100 with 11 warning signs to review. 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 SMB Cote d'Ivoire (XBRV:SMBC), the current Gross Margin % is 13.11% as of Dec. 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.

SMB Cote d'Ivoire Business Description

Address Boulevard de Petit Bassam, Vridi, Abidjan, CIV, BP 622
SMB Cote d'Ivoire, formerly Societe Multinationale de Bitumes SA is engaged in the refinement of crude oil. Its products are obtained by direct distillation of a South American heavy crude. It offers its products for the production of road bitumen. The various grades of bitumen offered by the company include 35/50, 40/50, 50/70, AC-10 and AC-20 among others.
53GF Score

Get the complete analysis for XBRV:SMBC

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

XOF16,500.00
Price