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IEC Electronics Gross Margin %

: 13.90% (As of Jun. 2019)
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Gross Margin % is calculated as gross profit divided by its revenue. IEC Electronics's Gross Profit for the three months ended in Jun. 2019 was $5.6 Mil. IEC Electronics's Revenue for the three months ended in Jun. 2019 was $40.3 Mil. Therefore, IEC Electronics's Gross Margin % for the quarter that ended in Jun. 2019 was 13.90%.


AMEX:IEC' s Gross Margin % Range Over the Past 10 Years
Min: 11.33   Max: 19.32
Current: 13.41

11.33
19.32

During the past 13 years, the highest Gross Margin % of IEC Electronics was 19.32%. The lowest was 11.33%. And the median was 14.40%.

AMEX:IEC's Gross Margin % is ranked lower than
76% of the 2203 Companies
in the Computer Hardware industry.

( Industry Median: 23.33 vs. AMEX:IEC: 13.41 )

IEC Electronics had a gross margin of 13.90% for the quarter that ended in Jun. 2019 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for IEC Electronics was 0.40% per year.


IEC Electronics Gross Margin % Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

* Premium members only.

IEC Electronics Annual Data
Sep09 Sep10 Sep11 Sep12 Sep13 Sep14 Sep15 Sep16 Sep17 Sep18
Gross Margin % Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 11.33 12.83 15.97 11.67 12.11

IEC Electronics Quarterly Data
Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19
Gross Margin % 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 Premium Member Only Premium Member Only Premium Member Only 11.28 13.14 14.27 12.30 13.90

Competitive Comparison
* 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.


IEC Electronics Gross Margin % Distribution

* The bar in red indicates where IEC Electronics's Gross Margin % falls into.



IEC Electronics Gross Margin % Calculation

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

IEC Electronics's Gross Margin for the fiscal year that ended in Sep. 2018 is calculated as

Gross Margin % (A: Sep. 2018 )=Gross Profit (A: Sep. 2018 ) / Revenue (A: Sep. 2018 )
=14.2 / 116.922
=(Revenue - Cost of Goods Sold) / Revenue
=(116.922 - 102.765) / 116.922
=12.11 %

IEC Electronics's Gross Margin for the quarter that ended in Jun. 2019 is calculated as


Gross Margin % (Q: Jun. 2019 )=Gross Profit (Q: Jun. 2019 ) / Revenue (Q: Jun. 2019 )
=-34.7 / 40.324
=(Revenue - Cost of Goods Sold) / Revenue
=(40.324 - 34.719) / 40.324
=13.90 %

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's 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.


IEC Electronics  (AMEX:IEC) 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

IEC Electronics had a gross margin of 13.90% for the quarter that ended in Jun. 2019 => 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.


IEC Electronics Gross Margin % Related Terms


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