IGM Vratnica AD (XMAE:IGMV) Research & Development: MKD Mil (TTM As of . 20)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

XMAE:IGMV IGM Vratnica AD XMAE:IGMV
14 GF Score
Price MKD1,266.00
! 1 Warning Sign
View Full Analysis

What is IGM Vratnica AD Research & Development?

IGM Vratnica AD XMAE:IGMV 14 Research & Development is MKD Mil as of . 20. GuruFocus rates XMAE:IGMV with a GF Score™ of 14/100. The stock has 1 warning sign investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. IGM Vratnica AD's Research & Development for the six months ended in . 20 was MKD0.00 Mil. IGM Vratnica AD does not have enough years/quarters to calculate the Research & Development for the trailing twelve months (TTM) ended in . 20.


IGM Vratnica AD  (XMAE:IGMV) Research & Development Explanation

If competitive advantage is created by a patent or tech advantage, at some point it will disappear.

High R&D usually dictates high SG&A which threatens the competitive advantage.


IGM Vratnica AD Research & Development Related Terms


IGM Vratnica AD Research & Development Historical Data

* Premium members only.

The historical data trend for IGM Vratnica AD's Research & Development 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.

IGM Vratnica AD Research & Development Chart

IGM Vratnica AD Annual Data
Trend
Research & Development

IGM Vratnica AD Semi-Annual Data
Research & Development
XMAE:IGMV
14GF Score
IGM Vratnica AD XMAE:IGMV
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

IGM Vratnica AD Research & Development Calculation

This is the expense the company spent on research and development.

Frequently Asked Questions Learn more about Research & Development →
What does a Research & Development of MKD Mil mean?
IGM Vratnica AD (XMAE:IGMV) has a Research & Development of MKD Mil as of . 20. Research and development expense is the total cost for research and development activities. View historical data on IGM Vratnica AD and its competitors.
Is IGM Vratnica AD's Research & Development too high?
IGM Vratnica AD's current Research & Development is MKD Mil. Overall, IGM Vratnica AD has a GF Score™ of 14/100, reflecting its overall financial health beyond just this single metric.
How does IGM Vratnica AD's Research & Development compare to competitors?
IGM Vratnica AD's Research & Development of MKD Mil can be compared against companies in the Building Materials industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Research & Development for a Building Materials company?
A good Research & Development depends on the Building Materials industry context. However, Research & Development 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 Research & Development mean?
A high Research & Development can signal that a stock is expensive relative to its fundamentals. Research and development expense is the total cost for research and development activities. View historical data on IGM Vratnica AD and its competitors. IGM Vratnica AD's current Research & Development is MKD Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IGM Vratnica AD stock overvalued right now?
IGM Vratnica AD (XMAE:IGMV) has a current Research & Development of MKD Mil. The current Research & Development is MKD Mil. IGM Vratnica AD's overall GF Score™ is 14/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Research & Development calculated?
Research & Development is calculated from a company's financial statements. For IGM Vratnica AD (XMAE:IGMV), the current Research & Development is MKD Mil as of . 20. 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.

IGM Vratnica AD Business Description

Address Jegunovce, Vratnica, MKD, 1225
IGM Vratnica AD is engaged in manufacturing of building materials including concrete, construction adhesives, decorative plasters, and among others. Its products are applied in the construction industry, civil engineering in the construction of parterners, access roads, slopes, paths, sidewalks, transport and industrial depots, street arranging.
14GF Score

Get the complete analysis for XMAE:IGMV

Research & Development is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MKD1,266.00
Price