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El-Mor Electric Installation & Services (1986) (XTAE:ELMR) Gross Margin % : 16.38% (As of Sep. 2023)


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What is El-Mor Electric Installation & Services (1986) Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. El-Mor Electric Installation & Services (1986)'s Gross Profit for the three months ended in Sep. 2023 was ₪28.5 Mil. El-Mor Electric Installation & Services (1986)'s Revenue for the three months ended in Sep. 2023 was ₪173.7 Mil. Therefore, El-Mor Electric Installation & Services (1986)'s Gross Margin % for the quarter that ended in Sep. 2023 was 16.38%.


The historical rank and industry rank for El-Mor Electric Installation & Services (1986)'s Gross Margin % or its related term are showing as below:

XTAE:ELMR' s Gross Margin % Range Over the Past 10 Years
Min: 12.38   Med: 18.21   Max: 19.34
Current: 16.82


During the past 7 years, the highest Gross Margin % of El-Mor Electric Installation & Services (1986) was 19.34%. The lowest was 12.38%. And the median was 18.21%.

XTAE:ELMR's Gross Margin % is ranked worse than
54.49% of 1613 companies
in the Construction industry
Industry Median: 19.33 vs XTAE:ELMR: 16.82

El-Mor Electric Installation & Services (1986) had a gross margin of 16.38% for the quarter that ended in Sep. 2023 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for El-Mor Electric Installation & Services (1986) was -0.20% per year.


El-Mor Electric Installation & Services (1986) Gross Margin % Historical Data

The historical data trend for El-Mor Electric Installation & Services (1986)'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.

El-Mor Electric Installation & Services (1986) Gross Margin % Chart

El-Mor Electric Installation & Services (1986) Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Gross Margin %
Get a 7-Day Free Trial 19.34 15.31 12.38 18.34 19.31

El-Mor Electric Installation & Services (1986) Quarterly Data
Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 20.06 17.41 18.50 15.41 16.38

Competitive Comparison of El-Mor Electric Installation & Services (1986)'s Gross Margin %

For the Engineering & Construction subindustry, El-Mor Electric Installation & Services (1986)'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.


El-Mor Electric Installation & Services (1986)'s Gross Margin % Distribution in the Construction Industry

For the Construction industry and Industrials sector, El-Mor Electric Installation & Services (1986)'s Gross Margin % distribution charts can be found below:

* The bar in red indicates where El-Mor Electric Installation & Services (1986)'s Gross Margin % falls into.



El-Mor Electric Installation & Services (1986) Gross Margin % Calculation

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

El-Mor Electric Installation & Services (1986)'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 )
=94.4 / 488.672
=(Revenue - Cost of Goods Sold) / Revenue
=(488.672 - 394.287) / 488.672
=19.31 %

El-Mor Electric Installation & Services (1986)'s Gross Margin for the quarter that ended in Sep. 2023 is calculated as


Gross Margin % (Q: Sep. 2023 )=Gross Profit (Q: Sep. 2023 ) / Revenue (Q: Sep. 2023 )
=28.5 / 173.723
=(Revenue - Cost of Goods Sold) / Revenue
=(173.723 - 145.273) / 173.723
=16.38 %

* 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.


El-Mor Electric Installation & Services (1986)  (XTAE:ELMR) 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

El-Mor Electric Installation & Services (1986) had a gross margin of 16.38% for the quarter that ended in Sep. 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.


El-Mor Electric Installation & Services (1986) Gross Margin % Related Terms

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El-Mor Electric Installation & Services (1986) (XTAE:ELMR) Business Description

Traded in Other Exchanges
N/A
Address
22 Hotzot Haytozer Street, Ashkelon, ISR
El-Mor Electric Installation & Services (1986) Ltd builds electricity projects and deals in energy, infrastructure and communications sectors through subsidiaries.It has branches in Lod, Kfar Saba and Ashkelon. It has electricity and air-conditioning projects in a variety of fields such as power plants, renewable and solar energy, industry, telecom, high-tech, commercial and public buildings, military and defense facilities, electrical and telecom infrastructure, and street lighting.

El-Mor Electric Installation & Services (1986) (XTAE:ELMR) Headlines

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