GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Miba AG (WBO:MBV) » Definitions » Gross Profit

Miba AG (WBO:MBV) Gross Profit : €437.01 Mil (TTM As of Jul. 2015)


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

What is Miba AG Gross Profit?

Miba AG's gross profit for the three months ended in Jul. 2015 was €109.85 Mil. Miba AG's gross profit for the trailing twelve months (TTM) ended in Jul. 2015 was €437.01 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Miba AG's gross profit for the three months ended in Jul. 2015 was €109.85 Mil. Miba AG's Revenue for the three months ended in Jul. 2015 was €184.87 Mil. Therefore, Miba AG's Gross Margin % for the quarter that ended in Jul. 2015 was 59.42%.

Miba AG had a gross margin of 59.42% for the quarter that ended in Jul. 2015 => Durable competitive advantage

During the past 6 years, the highest Gross Margin % of Miba AG was 62.56%. The lowest was 54.29%. And the median was 59.36%.


Miba AG Gross Profit Historical Data

The historical data trend for Miba AG'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.

* Premium members only.

Miba AG Gross Profit Chart

Miba AG Annual Data
Trend Jan10 Jan11 Jan12 Jan13 Jan14 Jan15
Gross Profit
Get a 7-Day Free Trial 259.74 321.76 351.27 361.80 403.20

Miba AG Quarterly Data
Oct10 Jan11 Apr11 Jul11 Oct11 Jan12 Apr12 Jul12 Oct12 Jan13 Apr13 Jul13 Oct13 Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Jul15
Gross Profit 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 97.41 101.29 108.08 117.79 109.85

Competitive Comparison of Miba AG's Gross Profit

For the Auto Parts subindustry, Miba AG'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.


Miba AG's Gross Profit Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Miba AG's Gross Profit distribution charts can be found below:

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



Miba AG Gross Profit Calculation

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

Miba AG's Gross Profit for the fiscal year that ended in Jan. 2015 is calculated as

Gross Profit (A: Jan. 2015 )=Revenue - Cost of Goods Sold
=669.302 - 266.1
=403.20

Miba AG's Gross Profit for the quarter that ended in Jul. 2015 is calculated as

Gross Profit (Q: Jul. 2015 )=Revenue - Cost of Goods Sold
=184.874 - 75.024
=109.85

Gross Profit for the trailing twelve months (TTM) ended in Jul. 2015 adds up the quarterly data reported by the company within the most recent 12 months, which was €437.01 Mil.

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

Miba AG's Gross Margin % for the quarter that ended in Jul. 2015 is calculated as

Gross Margin % (Q: Jul. 2015 )=Gross Profit (Q: Jul. 2015 ) / Revenue (Q: Jul. 2015 )
=(Revenue - Cost of Goods Sold) / Revenue
=109.85 / 184.874
=59.42 %

* 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.


Miba AG  (WBO:MBV) 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

Miba AG had a gross margin of 59.42% for the quarter that ended in Jul. 2015 => Durable competitive advantage


Miba AG Gross Profit Related Terms

Thank you for viewing the detailed overview of Miba AG's Gross Profit provided by GuruFocus.com. Please click on the following links to see related term pages.


Miba AG (WBO:MBV) Business Description

Traded in Other Exchanges
N/A
Address
Miba AG along with its subsidiaries manufactures & develops components for engines & automotive industries. It offers sintered components, engine bearings, friction materials, power electronics components and coatings.

Miba AG (WBO:MBV) Headlines

No Headlines