Lecico EgyptE (CAI:LCSW) Gross Margin %

: 27.38% (As of Dec. 2023)

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Gross Margin % is calculated as gross profit divided by its revenue. Lecico EgyptE's Gross Profit for the three months ended in Dec. 2023 was E£335 Mil. Lecico EgyptE's Revenue for the three months ended in Dec. 2023 was E£1,223 Mil. Therefore, Lecico EgyptE's Gross Margin % for the quarter that ended in Dec. 2023 was 27.38%.

The historical rank and industry rank for Lecico EgyptE's Gross Margin % or its related term are showing as below:

CAI:LCSW' s Gross Margin % Range Over the Past 10 Years
Min: 10.24 Med: 16.65 Max: 33.74
Current: 33.74

During the past 13 years, the highest Gross Margin % of Lecico EgyptE was 33.74%. The lowest was 10.24%. And the median was 16.65%.

CAI:LCSW's Gross Margin % is ranked better than
76.37% of 1608 companies
in the Construction industry
Industry Median: 19.035 vs CAI:LCSW: 33.74

Lecico EgyptE had a gross margin of 27.38% for the quarter that ended in Dec. 2023 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Lecico EgyptE was 15.30% per year.

Lecico EgyptE Gross Margin % Historical Data

The historical data trend for Lecico EgyptE'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.

Array ( [0] => - [1] => - [2] => - [3] => - [4] => - [5] => 10.71 [6] => 11.15 [7] => 18.29 [8] => 15.91 [9] => 33.74 )

Lecico EgyptE Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Gross Margin %

10.71

11.15

18.29

15.91

33.74

Lecico EgyptE Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Gross Margin %																12.57	41.13	37.11	29.47	27.38

Competitive Comparison

For the Building Products & Equipment subindustry, Lecico EgyptE'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.

Lecico EgyptE Gross Margin % Distribution

For the Construction industry and Industrials sector, Lecico EgyptE's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Lecico EgyptE's Gross Margin % falls into.

Lecico EgyptE Gross Margin % Calculation

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

Lecico EgyptE'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 )
	=	1634.1	/	4842.931
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(4842.931 - 3208.804)	/	4842.931
	=	33.74 %

Lecico EgyptE's Gross Margin for the quarter that ended in Dec. 2023 is calculated as

Gross Margin % (Q: Dec. 2023 )	=	Gross Profit (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	334.9	/	1223.007
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(1223.007 - 888.121)	/	1223.007
	=	27.38 %

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.

Lecico EgyptE (CAI:LCSW) 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

Lecico EgyptE had a gross margin of 27.38% for the quarter that ended in Dec. 2023 => Competition eroding margins

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.

Lecico EgyptE Gross Margin % Related Terms

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Lecico EgyptE (CAI:LCSW) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Lecico Egypt SAE (CAI:LCSW) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

PO Box 358, Alexandria, EGY

Website

http://www.lecico.com

Lecico Egypt SAE is engaged in the production of sanitary ware, tiles, and Brassware. Its products include suites, toilets, wash basin, bidets, and urinals. The company manufactures a range of internationally certified sanitary ware products sold both under the Lecico brand and for other manufacturers and customers under their own brands. It also produces a wide range of ceramic wall and floor tiles that are sold principally in Egypt and Lebanon.

Lecico EgyptE (CAI:LCSW) Headlines

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