Comelf (BSE:CMF) Gross Profit : lei96.9 Mil (TTM As of Jun. 2024)

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What is Comelf Gross Profit?

Comelf's gross profit for the three months ended in Jun. 2024 was lei25.7 Mil. Comelf's gross profit for the trailing twelve months (TTM) ended in Jun. 2024 was lei96.9 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Comelf's gross profit for the three months ended in Jun. 2024 was lei25.7 Mil. Comelf's Revenue for the three months ended in Jun. 2024 was lei46.1 Mil. Therefore, Comelf's Gross Margin % for the quarter that ended in Jun. 2024 was 55.81%.

Comelf had a gross margin of 55.81% for the quarter that ended in Jun. 2024 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of Comelf was 56.02%. The lowest was 45.31%. And the median was 52.60%.

Warning Sign:

Comelf SA gross margin has been in long-term decline. The average rate of decline per year is -2.2%.

Comelf Gross Profit Historical Data

The historical data trend for Comelf's Gross Profit 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.

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Comelf Gross Profit Chart

Comelf Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Gross Profit

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77.83

64.30

67.45

76.97

94.21

Comelf Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Gross Profit	Get a 7-Day Free Trial															22.89	22.81	26.32	22.05	25.74

Competitive Comparison of Comelf's Gross Profit

For the Specialty Industrial Machinery subindustry, Comelf's Gross Profit, along with its competitors' market caps and Gross Profit 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.

Comelf's Gross Profit Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Comelf's Gross Profit distribution charts can be found below:

* The bar in red indicates where Comelf's Gross Profit falls into.

Comelf Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

Comelf's Gross Profit for the fiscal year that ended in Dec. 2023 is calculated as

Gross Profit (A: Dec. 2023 )	=	Revenue	-	Cost of Goods Sold
	=	182.583	-	88.37
	=	94.2

Comelf's Gross Profit for the quarter that ended in Jun. 2024 is calculated as

Gross Profit (Q: Jun. 2024 )	=	Revenue	-	Cost of Goods Sold
	=	46.122	-	20.381
	=	25.7

Gross Profit for the trailing twelve months (TTM) ended in Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was lei96.9 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

Comelf's Gross Margin % for the quarter that ended in Jun. 2024 is calculated as

Gross Margin % (Q: Jun. 2024 )	=	Gross Profit (Q: Jun. 2024 )	/	Revenue (Q: Jun. 2024 )
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	25.7	/	46.122
	=	55.81 %

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.

Comelf (BSE:CMF) Gross Profit 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

Comelf had a gross margin of 55.81% for the quarter that ended in Jun. 2024 => Durable competitive advantage

Comelf Gross Profit Related Terms

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Comelf Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 4 Industriei Street, Bistrita Nasaud County, Bistrita, ROU, 420063

Website

http://www.comelf.ro

Comelf SA is engaged in the production of engines and turbines. The company manufactures equipment and components for power stations and environmental protection equipment for earthmoving, lifting and transportation equipment, including their sub assemblies, steel structures, weapons ammunition, road transport vehicles and military combat. Its product portfolio includes Bag Filters, scrapers for primary radial settling tanks, Mechanical equipment for methane tank, Equipment for wastewater treatment and others. Its segments consist of Factory of stainless steel products(FPI), Factory for Earth Moving Machinery and Equipment, Bag Filters and Electrostatic Precipitators(FUET) and Factory for Earth Moving Machines and Components(TERRA). The majority of its revenue is generated outside Romania.