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Migdalor- Alternative Products (XTAE:MGDA) Gross Margin % : 79.27% (As of Jun. 2023)


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What is Migdalor- Alternative Products Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Migdalor- Alternative Products's Gross Profit for the six months ended in Jun. 2023 was ₪6.00 Mil. Migdalor- Alternative Products's Revenue for the six months ended in Jun. 2023 was ₪7.57 Mil. Therefore, Migdalor- Alternative Products's Gross Margin % for the quarter that ended in Jun. 2023 was 79.27%.


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

XTAE:MGDA' s Gross Margin % Range Over the Past 10 Years
Min: 49.71   Med: 57.81   Max: 77.94
Current: 77.94


During the past 5 years, the highest Gross Margin % of Migdalor- Alternative Products was 77.94%. The lowest was 49.71%. And the median was 57.81%.

XTAE:MGDA's Gross Margin % is not ranked
in the Asset Management industry.
Industry Median: 51.33 vs XTAE:MGDA: 77.94

Migdalor- Alternative Products had a gross margin of 79.27% for the quarter that ended in Jun. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Migdalor- Alternative Products was 0.00% per year.


Migdalor- Alternative Products Gross Margin % Historical Data

The historical data trend for Migdalor- Alternative Products'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.

Migdalor- Alternative Products Gross Margin % Chart

Migdalor- Alternative Products Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22
Gross Margin %
49.71 56.56 57.81 65.12 73.53

Migdalor- Alternative Products Semi-Annual Data
Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
Gross Margin % Get a 7-Day Free Trial Premium Member Only 67.68 63.41 71.62 77.11 79.27

Competitive Comparison of Migdalor- Alternative Products's Gross Margin %

For the Asset Management subindustry, Migdalor- Alternative Products'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.


Migdalor- Alternative Products's Gross Margin % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Migdalor- Alternative Products's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Migdalor- Alternative Products's Gross Margin % falls into.



Migdalor- Alternative Products Gross Margin % Calculation

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

Migdalor- Alternative Products'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 )
=25.5 / 34.693
=(Revenue - Cost of Goods Sold) / Revenue
=(34.693 - 9.183) / 34.693
=73.53 %

Migdalor- Alternative Products's Gross Margin for the quarter that ended in Jun. 2023 is calculated as


Gross Margin % (Q: Jun. 2023 )=Gross Profit (Q: Jun. 2023 ) / Revenue (Q: Jun. 2023 )
=6 / 7.565
=(Revenue - Cost of Goods Sold) / Revenue
=(7.565 - 1.568) / 7.565
=79.27 %

* 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.


Migdalor- Alternative Products  (XTAE:MGDA) 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

Migdalor- Alternative Products had a gross margin of 79.27% for the quarter that ended in Jun. 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.


Migdalor- Alternative Products Gross Margin % Related Terms

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Migdalor- Alternative Products (XTAE:MGDA) Business Description

Traded in Other Exchanges
N/A
Address
7 Gazit street, Petah Tikva, ISR, 4927987
Migdalor- Alternative Products Ltd develops a wide range of investment products in a variety of platforms and fields. It allows clients to build an optimal alternative investment portfolio while maintaining the return/risk ratio that suits their needs. Its investment products include Real estate-backed transactions in debt or equity tracks, Hedge funds, and Low-risk funds that maximize return.

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