GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Altheora (XPAR:ALORA) » Definitions » Gross Margin %
中文

Altheora (XPAR:ALORA) Gross Margin %

: 57.07% (As of Jun. 2023)
View and export this data going back to 1989. Start your Free Trial

Gross Margin % is calculated as gross profit divided by its revenue. Altheora's Gross Profit for the six months ended in Jun. 2023 was €13.04 Mil. Altheora's Revenue for the six months ended in Jun. 2023 was €22.85 Mil. Therefore, Altheora's Gross Margin % for the quarter that ended in Jun. 2023 was 57.07%.

Warning Sign:

Altheora gross margin has been in long-term decline. The average rate of decline per year is -2.4%.


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

XPAR:ALORA' s Gross Margin % Range Over the Past 10 Years
Min: 48.3   Med: 54.47   Max: 61.41
Current: 52.66


During the past 13 years, the highest Gross Margin % of Altheora was 61.41%. The lowest was 48.30%. And the median was 54.47%.

XPAR:ALORA's Gross Margin % is ranked better than
92.91% of 2935 companies
in the Industrial Products industry
Industry Median: 26.44 vs XPAR:ALORA: 52.66

Altheora had a gross margin of 57.07% for the quarter that ended in Jun. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Altheora was -2.40% per year.


Altheora Gross Margin % Historical Data

The historical data trend for Altheora'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.

Altheora Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 54.62 51.70 52.38 54.31 48.30

Altheora Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
Gross Margin % 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 51.82 57.15 50.04 46.05 57.07

Competitive Comparison

For the Electrical Equipment & Parts subindustry, Altheora'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.


Altheora Gross Margin % Distribution

For the Industrial Products industry and Industrials sector, Altheora's Gross Margin % distribution charts can be found below:

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



Altheora Gross Margin % Calculation

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

Altheora's Gross Margin for the fiscal year that ended in Dec. 2022 is calculated as

Gross Margin % (A: Dec. 2022 )=Gross Profit (A: Dec. 2022 ) / Revenue (A: Dec. 2022 )
=16.9 / 35.035
=(Revenue - Cost of Goods Sold) / Revenue
=(35.035 - 18.113) / 35.035
=48.30 %

Altheora's Gross Margin for the quarter that ended in Jun. 2023 is calculated as


Gross Margin % (Q: Jun. 2023 )=Gross Profit (Q: Jun. 2023 ) / Revenue (Q: Jun. 2023 )
=13 / 22.846
=(Revenue - Cost of Goods Sold) / Revenue
=(22.846 - 9.807) / 22.846
=57.07 %

* 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.


Altheora  (XPAR:ALORA) 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

Altheora had a gross margin of 57.07% for the quarter that ended in Jun. 2023 => Durable 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.


Altheora Gross Margin % Related Terms

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


Altheora (XPAR:ALORA) Business Description

Traded in Other Exchanges
N/A
Address
Rue des Condamines - BP 96, Mauves, FRA, 07300
Altheora is engaged in the transformation of composite materials and plastics. It is involved in the production of plastic and composite material parts for the automotive industry. Further, also involved in the manufacturing of products for electrical networks, for telephone networks and for water and gas networks.

Altheora (XPAR:ALORA) Headlines

No Headlines