Ves S.A. (BSE:VESY) Gross Margin % : -161.39% (As of Dec. 2023)

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What is Ves S.A. Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Ves S.A.'s Gross Profit for the three months ended in Dec. 2023 was lei-0.26 Mil. Ves S.A.'s Revenue for the three months ended in Dec. 2023 was lei0.16 Mil. Therefore, Ves S.A.'s Gross Margin % for the quarter that ended in Dec. 2023 was -161.39%.

Warning Sign:

Ves S.A. gross margin has been in long-term decline. The average rate of decline per year is -2.7%.

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

BSE:VESY' s Gross Margin % Range Over the Past 10 Years
Min: -7.03 Med: 51.49 Max: 66.73
Current: -7.03

During the past 13 years, the highest Gross Margin % of Ves S.A. was 66.73%. The lowest was -7.03%. And the median was 51.49%.

BSE:VESY's Gross Margin % is not ranked
in the Furnishings, Fixtures & Appliances industry.
Industry Median: 29.09 vs BSE:VESY: -7.03

Ves S.A. had a gross margin of -161.39% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Ves S.A. was -2.70% per year.

Ves S.A. Gross Margin % Historical Data

The historical data trend for Ves S.A.'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.

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Ves S.A. Gross Margin % Chart

Ves S.A. Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Gross Margin %

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43.17

49.84

53.13

43.27

33.35

Ves S.A. Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Jun23	Sep23	Dec23
Gross Margin %	Get a 7-Day Free Trial															41.16	34.86	-	10.48	-161.39

Competitive Comparison of Ves S.A.'s Gross Margin %

For the Furnishings, Fixtures & Appliances subindustry, Ves S.A.'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.

Ves S.A.'s Gross Margin % Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Ves S.A.'s Gross Margin % distribution charts can be found below:

* The bar in red indicates where Ves S.A.'s Gross Margin % falls into.

Ves S.A. Gross Margin % Calculation

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

Ves S.A.'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 )
	=	1.5	/	4.441
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(4.441 - 2.96)	/	4.441
	=	33.35 %

Ves S.A.'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 )
	=	-0.3	/	0.158
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(0.158 - 0.413)	/	0.158
	=	-161.39 %

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.

Ves S.A. (BSE:VESY) 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

Ves S.A. had a gross margin of -161.39% for the quarter that ended in Dec. 2023 => No sustainable 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.

Ves S.A. Gross Margin % Related Terms

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Ves S.A. (BSE:VESY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Ves S.A. (BSE:VESY) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Str. Mihai Viteazu Nr. 102, Sighisoara, Mures, ROU, 545400

Website

http://www.ves.ro

Ves SA manufactures enameled cookware and objects. It offers metal processing services and coatings. The company brands include VES, Email De Sighisoara, Caldi. Its services include debitare laser roll, formed sheet laser cutting, bending CNC and classical, rolare, enamelling, electrostatic painting with powder paint coating and liquid paint tempered, slitting coils from thin slabs, processing on thinning machine, cold working and molding - cutting operations, welded structures execution and sandblasting of welded parts and welded structures.

Ves S.A. (BSE:VESY) Headlines

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