Gross Margin % is calculated as gross profit divided by its revenue. ALBA SE's Gross Profit for the
six
months ended in Dec. 2023 was €26.2 Mil. ALBA SE's Revenue for the
six
months ended in Dec. 2023 was €138.0 Mil. Therefore, ALBA SE's Gross Margin % for the quarter that ended in Dec. 2023 was 18.98%.
The historical rank and industry rank for ALBA SE's Gross Margin % or its related term are showing as below:
HAM:ABA'
s Gross Margin % Range Over the Past 10 Years
Min: 11.49 Med: 16.17 Max: 18.48
Current: 18.48
During the past 13 years, the highestGross Margin % of ALBA SE was 18.48%. The lowest was 11.49%. And the median was 16.17%.
HAM:ABA's Gross Margin % is ranked worse than 72.44% of 225
companies
in the Waste Management industry
Industry Median: 28.65
vs HAM:ABA: 18.48
ALBA SE had a gross margin of 18.98% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage
The 5-Year average Growth Rate of Gross Margin for ALBA SE was 1.10% per year.
ALBA SE Gross Margin % Historical Data
The historical data trend for ALBA SE'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.
Competitive Comparison of ALBA SE's Gross Margin %
For the Waste Management subindustry, ALBA SE'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.
ALBA SE's Gross Margin % Distribution in the Waste Management Industry
For the Waste Management industry and Industrials sector, ALBA SE's Gross Margin % distribution charts can be found below:
* The bar in red indicates where ALBA SE's Gross Margin % falls into.
* 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.
ALBA SE (HAM:ABA) 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
ALBA SE had a gross margin of 18.98% 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.
ALBA SE Gross Margin % Related Terms
Thank you for viewing the detailed overview of ALBA SE's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.
ALBA SE is a German based holding company providing environmental services. Its activities are divided into two segments including Steel & Metals Recycling segment and Services segment. The Steel and Metals Recycling segment comprises all of the company's subsidiaries that undertake to recycle of steel and metals activities. The Services segment comprises activities, such as take-back of transport packaging, sales packaging and used paper bags, as well as recovery of waste electrical and electronic equipment. A major part of revenue comes from Steel and Metals segment. It operates in Germany, European countries and Non-European countries, Germany being the country with highest sales.
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