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Tera Yatirim Menkul Degerler AS (IST:TERA) Gross Margin % : 15.72% (As of Dec. 2023)


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What is Tera Yatirim Menkul Degerler AS Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Tera Yatirim Menkul Degerler AS's Gross Profit for the six months ended in Dec. 2023 was ₺543 Mil. Tera Yatirim Menkul Degerler AS's Revenue for the six months ended in Dec. 2023 was ₺3,451 Mil. Therefore, Tera Yatirim Menkul Degerler AS's Gross Margin % for the quarter that ended in Dec. 2023 was 15.72%.


The historical rank and industry rank for Tera Yatirim Menkul Degerler AS's Gross Margin % or its related term are showing as below:

IST:TERA' s Gross Margin % Range Over the Past 10 Years
Min: 3.34   Med: 3.59   Max: 15.7
Current: 15.7


During the past 5 years, the highest Gross Margin % of Tera Yatirim Menkul Degerler AS was 15.70%. The lowest was 3.34%. And the median was 3.59%.

IST:TERA's Gross Margin % is ranked worse than
75.75% of 602 companies
in the Capital Markets industry
Industry Median: 48.805 vs IST:TERA: 15.70

Tera Yatirim Menkul Degerler AS had a gross margin of 15.72% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Tera Yatirim Menkul Degerler AS was 0.00% per year.


Tera Yatirim Menkul Degerler AS Gross Margin % Historical Data

The historical data trend for Tera Yatirim Menkul Degerler AS'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.

Tera Yatirim Menkul Degerler AS Gross Margin % Chart

Tera Yatirim Menkul Degerler AS Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
3.41 3.59 3.34 7.71 15.70

Tera Yatirim Menkul Degerler AS Semi-Annual Data
Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Gross Margin % Get a 7-Day Free Trial 4.05 7.14 7.89 15.60 15.72

Competitive Comparison of Tera Yatirim Menkul Degerler AS's Gross Margin %

For the Capital Markets subindustry, Tera Yatirim Menkul Degerler AS'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.


Tera Yatirim Menkul Degerler AS's Gross Margin % Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Tera Yatirim Menkul Degerler AS's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Tera Yatirim Menkul Degerler AS's Gross Margin % falls into.



Tera Yatirim Menkul Degerler AS Gross Margin % Calculation

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

Tera Yatirim Menkul Degerler AS'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 )
=689.2 / 4391.033
=(Revenue - Cost of Goods Sold) / Revenue
=(4391.033 - 3701.844) / 4391.033
=15.70 %

Tera Yatirim Menkul Degerler AS'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 )
=542.6 / 3451.202
=(Revenue - Cost of Goods Sold) / Revenue
=(3451.202 - 2908.593) / 3451.202
=15.72 %

* 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.


Tera Yatirim Menkul Degerler AS  (IST:TERA) 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

Tera Yatirim Menkul Degerler AS had a gross margin of 15.72% 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.


Tera Yatirim Menkul Degerler AS Gross Margin % Related Terms

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Tera Yatirim Menkul Degerler AS (IST:TERA) Business Description

Traded in Other Exchanges
N/A
Address
Eski Buyukdere Cad. No: 9, ?z Plaza Giz Kat:11, Sariyer, Maslak, Istanbul, TUR, 34485
Tera Yatirim Menkul Degerler AS act as an intermediary on capital market instruments.

Tera Yatirim Menkul Degerler AS (IST:TERA) Headlines

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