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Belysse Group NV (LTS:0RQK) Gross Margin % : 56.90% (As of Dec. 2023)


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What is Belysse Group NV Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Belysse Group NV's Gross Profit for the six months ended in Dec. 2023 was €82.7 Mil. Belysse Group NV's Revenue for the six months ended in Dec. 2023 was €145.3 Mil. Therefore, Belysse Group NV's Gross Margin % for the quarter that ended in Dec. 2023 was 56.90%.


The historical rank and industry rank for Belysse Group NV's Gross Margin % or its related term are showing as below:

LTS:0RQK' s Gross Margin % Range Over the Past 10 Years
Min: 38.93   Med: 54.01   Max: 62.12
Current: 55.07


During the past 13 years, the highest Gross Margin % of Belysse Group NV was 62.12%. The lowest was 38.93%. And the median was 54.01%.

LTS:0RQK's Gross Margin % is ranked better than
91.85% of 405 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 28.89 vs LTS:0RQK: 55.07

Belysse Group NV had a gross margin of 56.90% for the quarter that ended in Dec. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Belysse Group NV was 0.80% per year.


Belysse Group NV Gross Margin % Historical Data

The historical data trend for Belysse Group NV'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.

Belysse Group NV Gross Margin % Chart

Belysse Group NV 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 52.73 61.06 62.12 54.99 55.07

Belysse Group NV Semi-Annual Data
Dec12 Dec13 Dec14 Dec15 Jun16 Dec16 Jun17 Dec17 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 60.77 57.21 52.89 53.37 56.90

Competitive Comparison of Belysse Group NV's Gross Margin %

For the Furnishings, Fixtures & Appliances subindustry, Belysse Group NV'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.


Belysse Group NV's Gross Margin % Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Belysse Group NV's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Belysse Group NV's Gross Margin % falls into.



Belysse Group NV Gross Margin % Calculation

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

Belysse Group NV'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 )
=165.7 / 300.918
=(Revenue - Cost of Goods Sold) / Revenue
=(300.918 - 135.192) / 300.918
=55.07 %

Belysse Group NV'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 )
=82.7 / 145.313
=(Revenue - Cost of Goods Sold) / Revenue
=(145.313 - 62.626) / 145.313
=56.90 %

* 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.


Belysse Group NV  (LTS:0RQK) 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

Belysse Group NV had a gross margin of 56.90% 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.


Belysse Group NV Gross Margin % Related Terms

Thank you for viewing the detailed overview of Belysse Group NV's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Belysse Group NV (LTS:0RQK) Business Description

Traded in Other Exchanges
Address
Franklin Rooseveltlaan 172-174, Waregem, BEL, 8790
Belysse Group NV operates its business in four segments. The rugs segment includes woven and tufted area rugs, under the Balta home brand. The residential segment includes wall-to-wall carpet and carpet tiles for private use, through the brands Balta carpets, ITC, and Balta carpet tiles. The commercial segment includes wall-to-wall carpet and carpet tiles for commercial use under the brands' arc edition, Bentley, and Modulyss. The non-Woven segment includes needle felt, carpet backing, and technical non-wovens under the Captiqs brand. The company's geographical segments are Europe, North America, and the Rest of the World.

Belysse Group NV (LTS:0RQK) Headlines

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