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FMS Enterprises Migun (XTAE:FBRT) Gross Margin % : 49.23% (As of Dec. 2023)


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What is FMS Enterprises Migun Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. FMS Enterprises Migun's Gross Profit for the three months ended in Dec. 2023 was ₪75.4 Mil. FMS Enterprises Migun's Revenue for the three months ended in Dec. 2023 was ₪153.2 Mil. Therefore, FMS Enterprises Migun's Gross Margin % for the quarter that ended in Dec. 2023 was 49.23%.


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

XTAE:FBRT' s Gross Margin % Range Over the Past 10 Years
Min: 36.15   Med: 41.91   Max: 43.62
Current: 41.69


During the past 11 years, the highest Gross Margin % of FMS Enterprises Migun was 43.62%. The lowest was 36.15%. And the median was 41.91%.

XTAE:FBRT's Gross Margin % is ranked better than
74.92% of 295 companies
in the Aerospace & Defense industry
Industry Median: 26.02 vs XTAE:FBRT: 41.69

FMS Enterprises Migun had a gross margin of 49.23% for the quarter that ended in Dec. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for FMS Enterprises Migun was 1.50% per year.


FMS Enterprises Migun Gross Margin % Historical Data

The historical data trend for FMS Enterprises Migun'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.

FMS Enterprises Migun Gross Margin % Chart

FMS Enterprises Migun Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 43.11 41.46 42.32 39.98 41.69

FMS Enterprises Migun Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 39.11 39.00 37.55 35.00 49.23

Competitive Comparison of FMS Enterprises Migun's Gross Margin %

For the Aerospace & Defense subindustry, FMS Enterprises Migun'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.


FMS Enterprises Migun's Gross Margin % Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, FMS Enterprises Migun's Gross Margin % distribution charts can be found below:

* The bar in red indicates where FMS Enterprises Migun's Gross Margin % falls into.



FMS Enterprises Migun Gross Margin % Calculation

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

FMS Enterprises Migun'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 )
=173.4 / 416.041
=(Revenue - Cost of Goods Sold) / Revenue
=(416.041 - 242.608) / 416.041
=41.69 %

FMS Enterprises Migun'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 )
=75.4 / 153.21
=(Revenue - Cost of Goods Sold) / Revenue
=(153.21 - 77.788) / 153.21
=49.23 %

* 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.


FMS Enterprises Migun  (XTAE:FBRT) 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

FMS Enterprises Migun had a gross margin of 49.23% 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.


FMS Enterprises Migun Gross Margin % Related Terms

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FMS Enterprises Migun (XTAE:FBRT) Business Description

Traded in Other Exchanges
N/A
Address
27 Imber Street, Petah Tikva, ISR
FMS Enterprises Migun Ltd manufactures & sells ballistic protection technology globally. It provides non-woven uni-directional (UD) fabrics for hard & soft armor applications. It also offers pressed panels of UD fabrics for personal & vehicle protection. Its fabrics used as raw materials in the personal protection and protection of vehicles and transportation industries.

FMS Enterprises Migun (XTAE:FBRT) Headlines

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