Ingevec (XSGO:INGEVEC) Gross Margin % : 5.39% (As of Dec. 2023)

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What is Ingevec Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Ingevec's Gross Profit for the three months ended in Dec. 2023 was CLP3,674 Mil. Ingevec's Revenue for the three months ended in Dec. 2023 was CLP68,169 Mil. Therefore, Ingevec's Gross Margin % for the quarter that ended in Dec. 2023 was 5.39%.

Warning Sign:

Ingevec SA gross margin has been in long-term decline. The average rate of decline per year is -8.8%.

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

XSGO:INGEVEC' s Gross Margin % Range Over the Past 10 Years
Min: 2.73 Med: 7.64 Max: 10.07
Current: 7.39

During the past 13 years, the highest Gross Margin % of Ingevec was 10.07%. The lowest was 2.73%. And the median was 7.64%.

XSGO:INGEVEC's Gross Margin % is ranked worse than
92.01% of 1653 companies
in the Real Estate industry
Industry Median: 36.8 vs XSGO:INGEVEC: 7.39

Ingevec had a gross margin of 5.39% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Ingevec was -8.80% per year.

Ingevec Gross Margin % Historical Data

The historical data trend for Ingevec'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.

Ingevec Gross Margin % Chart

Ingevec Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Gross Margin %

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9.78

10.07

8.85

5.21

7.39

Ingevec Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Gross Margin %	Get a 7-Day Free Trial															2.05	8.75	8.31	7.00	5.39

Competitive Comparison of Ingevec's Gross Margin %

For the Real Estate - Development subindustry, Ingevec'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.

Ingevec's Gross Margin % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Ingevec's Gross Margin % distribution charts can be found below:

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

Ingevec Gross Margin % Calculation

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

Ingevec'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 )
	=	20670.4	/	279767.511
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(279767.511 - 259097.124)	/	279767.511
	=	7.39 %

Ingevec'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 )
	=	3674	/	68169.248
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(68169.248 - 64495.293)	/	68169.248
	=	5.39 %

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.

Ingevec (XSGO:INGEVEC) 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

Ingevec had a gross margin of 5.39% for the quarter that ended in Dec. 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.

Ingevec Gross Margin % Related Terms

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Ingevec (XSGO:INGEVEC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Ingevec SA (XSGO:INGEVEC) » Definitions » Gross Margin %

Traded in Other Exchanges

N/A

Address

Cerro El Plomo 5680, Piso 14, Las Condes, Santiago, CHL

Website

http://www.ingevec.cl

Ingevec SA offers construction services in the areas of private and public construction. It has two business segments namely, engineering and constructions, and real estate. It constructs office buildings, shopping centers and hotels.

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