GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Y.D. More Investments Ltd (XTAE:MRIN) » Definitions » Gross Margin %

Y.D. More Investments (XTAE:MRIN) Gross Margin % : 0.00% (As of Mar. 2024)


View and export this data going back to 2017. Start your Free Trial

What is Y.D. More Investments Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Y.D. More Investments's Gross Profit for the three months ended in Mar. 2024 was ₪188.2 Mil. Y.D. More Investments's Revenue for the three months ended in Mar. 2024 was ₪188.2 Mil. Therefore, Y.D. More Investments's Gross Margin % for the quarter that ended in Mar. 2024 was 0.00%. If there's no value for Cost of Goods Sold, then Gross Margin % is not calculated.


The historical rank and industry rank for Y.D. More Investments's Gross Margin % or its related term are showing as below:


During the past 9 years, the highest Gross Margin % of Y.D. More Investments was 73.27%. The lowest was 42.19%. And the median was 49.67%.

XTAE:MRIN's Gross Margin % is not ranked *
in the Asset Management industry.
Industry Median: 51.705
* Ranked among companies with meaningful Gross Margin % only.

Y.D. More Investments had a gross margin of N/A% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Y.D. More Investments was 10.60% per year.


Y.D. More Investments Gross Margin % Historical Data

The historical data trend for Y.D. More Investments'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.

Y.D. More Investments Gross Margin % Chart

Y.D. More Investments Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only 42.19 43.59 57.37 65.41 73.27

Y.D. More Investments Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 - - - - -

Competitive Comparison of Y.D. More Investments's Gross Margin %

For the Asset Management subindustry, Y.D. More Investments'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.


Y.D. More Investments's Gross Margin % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Y.D. More Investments's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Y.D. More Investments's Gross Margin % falls into.



Y.D. More Investments Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue. (Note that if there's no value for Cost of Goods Sold, then Gross Margin % is not calculated.)

Y.D. More Investments'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 )
=475.2 / 648.534
=(Revenue - Cost of Goods Sold) / Revenue
=(648.534 - 173.36) / 648.534
=73.27 %

Y.D. More Investments's Gross Margin for the quarter that ended in Mar. 2024 is calculated as


Gross Margin % (Q: Mar. 2024 )=Gross Profit (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=188.2 / 188.174
=(Revenue - Cost of Goods Sold) / Revenue
=(188.174 - 0) / 188.174
=N/A %

* 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.


Y.D. More Investments  (XTAE:MRIN) 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

Y.D. More Investments had a gross margin of N/A% for the quarter that ended in Mar. 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.


Y.D. More Investments Gross Margin % Related Terms

Thank you for viewing the detailed overview of Y.D. More Investments's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Y.D. More Investments (XTAE:MRIN) Business Description

Traded in Other Exchanges
N/A
Address
Ben-Gurion Road 2, BSR Tower 1, Ramat Gan, ISR
Y.D. More Investments Ltd is an investment house specialising in personal investment management services. Its activities include fund management, mutual funds and investment banking and portfolio management, among others. Its client base includes private investors, institutional bodies and corporations.