GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » NB Aurora SA Sicaf-Raif (MIL:AUR) » Definitions » Gross Margin %

NB Aurora Sicaf-Raif (MIL:AUR) Gross Margin % : 94.67% (As of Dec. 2023)


View and export this data going back to 2018. Start your Free Trial

What is NB Aurora Sicaf-Raif Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. NB Aurora Sicaf-Raif's Gross Profit for the six months ended in Dec. 2023 was €31.00 Mil. NB Aurora Sicaf-Raif's Revenue for the six months ended in Dec. 2023 was €32.74 Mil. Therefore, NB Aurora Sicaf-Raif's Gross Margin % for the quarter that ended in Dec. 2023 was 94.67%.


The historical rank and industry rank for NB Aurora Sicaf-Raif's Gross Margin % or its related term are showing as below:

MIL:AUR' s Gross Margin % Range Over the Past 10 Years
Min: -8.15   Med: 90.44   Max: 434.81
Current: 88.95


During the past 7 years, the highest Gross Margin % of NB Aurora Sicaf-Raif was 434.81%. The lowest was -8.15%. And the median was 90.44%.

MIL:AUR's Gross Margin % is ranked better than
80.64% of 532 companies
in the Asset Management industry
Industry Median: 51.48 vs MIL:AUR: 88.95

NB Aurora Sicaf-Raif had a gross margin of 94.67% for the quarter that ended in Dec. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for NB Aurora Sicaf-Raif was 0.00% per year.


NB Aurora Sicaf-Raif Gross Margin % Historical Data

The historical data trend for NB Aurora Sicaf-Raif'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.

NB Aurora Sicaf-Raif Gross Margin % Chart

NB Aurora Sicaf-Raif Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial 91.92 434.81 30.68 -8.15 88.95

NB Aurora Sicaf-Raif Semi-Annual Data
Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 65.60 -1,696.88 44.04 274.60 94.67

Competitive Comparison of NB Aurora Sicaf-Raif's Gross Margin %

For the Asset Management subindustry, NB Aurora Sicaf-Raif'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.


NB Aurora Sicaf-Raif's Gross Margin % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, NB Aurora Sicaf-Raif's Gross Margin % distribution charts can be found below:

* The bar in red indicates where NB Aurora Sicaf-Raif's Gross Margin % falls into.



NB Aurora Sicaf-Raif Gross Margin % Calculation

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

NB Aurora Sicaf-Raif'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 )
=28.2 / 31.733
=(Revenue - Cost of Goods Sold) / Revenue
=(31.733 - 3.505) / 31.733
=88.95 %

NB Aurora Sicaf-Raif'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 )
=31 / 32.742
=(Revenue - Cost of Goods Sold) / Revenue
=(32.742 - 1.746) / 32.742
=94.67 %

* 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.


NB Aurora Sicaf-Raif  (MIL:AUR) 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

NB Aurora Sicaf-Raif had a gross margin of 94.67% for the quarter that ended in Dec. 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.


NB Aurora Sicaf-Raif Gross Margin % Related Terms

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


NB Aurora Sicaf-Raif (MIL:AUR) Business Description

Traded in Other Exchanges
N/A
Address
80, route d'Esch, Luxembourg, LUX, L-1470
NB Aurora SA Sicaf-Raif is a long-term Luxembourg investment company. Its investment objective is to achieve long-term capital appreciation through minority equity investments in a portfolio of small and medium-sized and unlisted Italian companies. The company conducts its entire operations under one business segment.