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Emilia Development (O.F.G) (XTAE:EMDV) Gross Margin % : 22.81% (As of Dec. 2023)


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What is Emilia Development (O.F.G) Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Emilia Development (O.F.G)'s Gross Profit for the three months ended in Dec. 2023 was ₪112 Mil. Emilia Development (O.F.G)'s Revenue for the three months ended in Dec. 2023 was ₪491 Mil. Therefore, Emilia Development (O.F.G)'s Gross Margin % for the quarter that ended in Dec. 2023 was 22.81%.


The historical rank and industry rank for Emilia Development (O.F.G)'s Gross Margin % or its related term are showing as below:

XTAE:EMDV' s Gross Margin % Range Over the Past 10 Years
Min: 16.19   Med: 22.43   Max: 23.84
Current: 22.72


During the past 12 years, the highest Gross Margin % of Emilia Development (O.F.G) was 23.84%. The lowest was 16.19%. And the median was 22.43%.

XTAE:EMDV's Gross Margin % is ranked worse than
71.64% of 536 companies
in the Asset Management industry
Industry Median: 51.55 vs XTAE:EMDV: 22.72

Emilia Development (O.F.G) had a gross margin of 22.81% for the quarter that ended in Dec. 2023 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Emilia Development (O.F.G) was 2.20% per year.


Emilia Development (O.F.G) Gross Margin % Historical Data

The historical data trend for Emilia Development (O.F.G)'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.

Emilia Development (O.F.G) Gross Margin % Chart

Emilia Development (O.F.G) 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 20.10 23.84 23.74 23.37 22.72

Emilia Development (O.F.G) 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 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 20.61 22.43 23.19 22.49 22.81

Competitive Comparison of Emilia Development (O.F.G)'s Gross Margin %

For the Asset Management subindustry, Emilia Development (O.F.G)'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.


Emilia Development (O.F.G)'s Gross Margin % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Emilia Development (O.F.G)'s Gross Margin % distribution charts can be found below:

* The bar in red indicates where Emilia Development (O.F.G)'s Gross Margin % falls into.



Emilia Development (O.F.G) Gross Margin % Calculation

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

Emilia Development (O.F.G)'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 )
=464.9 / 2046.631
=(Revenue - Cost of Goods Sold) / Revenue
=(2046.631 - 1581.698) / 2046.631
=22.72 %

Emilia Development (O.F.G)'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 )
=111.9 / 490.659
=(Revenue - Cost of Goods Sold) / Revenue
=(490.659 - 378.718) / 490.659
=22.81 %

* 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.


Emilia Development (O.F.G)  (XTAE:EMDV) 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

Emilia Development (O.F.G) had a gross margin of 22.81% for the quarter that ended in Dec. 2023 => Competition eroding margins


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.


Emilia Development (O.F.G) Gross Margin % Related Terms

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Emilia Development (O.F.G) (XTAE:EMDV) Business Description

Traded in Other Exchanges
N/A
Address
11 Menahem Begin Street, Rogobin Tidhar Tower, 13th Floor, Ramat Gan, Tel Aviv, ISR, 526814
Emilia Development (O.F.G) Ltd is a holding company. The company has a diverse portfolio in the industrial services, distribution, and logistics sectors.

Emilia Development (O.F.G) (XTAE:EMDV) Headlines