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MNG Havayollari ve Tasimacilik AS (NYSE:MNGA) 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
MNG Havayollari ve Tasimacilik AS had a gross margin of 25.18% for the quarter that ended in Dec. 2022 => Competition eroding margins
MNG Havayollari ve Tasimacilik AS Gross Profit Related Terms
MNG Havayollari ve Tasimacilik AS Gross Profit Historical Data
* 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.
MNG Havayollari ve Tasimacilik AS Gross Profit Chart
MNG Havayollari ve Tasimacilik AS Annual Data
Trend
Dec20
Dec21
Dec22
Gross Profit
76.86
87.86
83.34
MNG Havayollari ve Tasimacilik AS Quarterly Data
Dec20
Dec21
Sep22
Dec22
Gross Profit
0.00
34.60
0.00
26.62
MNGA vs : Gross Profit Comparison
For the Integrated Freight & Logistics subindustry, MNG Havayollari ve Tasimacilik AS'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.
MNG Havayollari ve Tasimacilik AS Gross Profit vs Transportation Industry
For the Transportation industry and Industrials sector, MNG Havayollari ve Tasimacilik AS's Gross Profit distribution charts can be found below:
* The bar in red indicates where MNG Havayollari ve Tasimacilik AS's Gross Profit falls into.
Gross Profit for the trailing twelve months (TTM) ended in Dec. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $26.62 Mil.
Gross Profit is the numerator in the calculation of Gross Margin.
* 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.
MNG Havayollari ve Tasimacilik AS (MNGA) has a Gross Profit of $26.62 Mil as of Dec. 2022. Gross Profit equals net sales less total cost of goods sold. View historical data on MNG Havayollari ve Tasimacilik AS and its competitors.
Is MNG Havayollari ve Tasimacilik AS's Gross Profit too high?
MNG Havayollari ve Tasimacilik AS's current Gross Profit is $26.62 Mil.
How does MNG Havayollari ve Tasimacilik AS's Gross Profit compare to ?
MNG Havayollari ve Tasimacilik AS's Gross Profit of $26.62 Mil can be compared against companies in the Transportation industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Profit for a Transportation company?
A good Gross Profit depends on the Transportation industry context. However, Gross Profit should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Profit mean?
A high Gross Profit can signal that a stock is expensive relative to its fundamentals. Gross Profit equals net sales less total cost of goods sold. View historical data on MNG Havayollari ve Tasimacilik AS and its competitors. MNG Havayollari ve Tasimacilik AS's current Gross Profit is $26.62 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MNG Havayollari ve Tasimacilik AS stock overvalued right now?
MNG Havayollari ve Tasimacilik AS (MNGA) has a current Gross Profit of $26.62 Mil. The current Gross Profit is $26.62 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Profit calculated?
Gross Profit is calculated from a company's financial statements. For MNG Havayollari ve Tasimacilik AS (MNGA), the current Gross Profit is $26.62 Mil as of Dec. 2022. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
MNG Havayollari ve Tasimacilik AS is an independent logistics provider mainly in the EMEA region and a global e-commerce enabler. Its service offerings include scheduled and block space, charter, ACMI, special cargo, warehouse, handling and technical services. MNG's diversified business model provides MNG with a competitive advantage in the air cargo market, as it gives MNG the opportunity to provide customized services to its customers in accordance with needs and expectations. The company recognizes revenue for its global multimodal operations based on the origin of transported cargo carried on each flight.
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