Nictus Holdings (NAM:NHL) Gross Margin % : 24.47% (As of Dec. 2023)

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What is Nictus Holdings Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Nictus Holdings's Gross Profit for the six months ended in Dec. 2023 was R119 Mil. Nictus Holdings's Revenue for the six months ended in Dec. 2023 was R485 Mil. Therefore, Nictus Holdings's Gross Margin % for the quarter that ended in Dec. 2023 was 24.47%.

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

NAM:NHL' s Gross Margin % Range Over the Past 10 Years
Min: 27.27 Med: 28.43 Max: 32.16
Current: 27.27

During the past 4 years, the highest Gross Margin % of Nictus Holdings was 32.16%. The lowest was 27.27%. And the median was 28.43%.

NAM:NHL's Gross Margin % is not ranked
in the Retail - Cyclical industry.
Industry Median: 36.67 vs NAM:NHL: 27.27

Nictus Holdings had a gross margin of 24.47% for the quarter that ended in Dec. 2023 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Nictus Holdings was 0.00% per year.

Nictus Holdings Gross Margin % Historical Data

The historical data trend for Nictus Holdings'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.

Nictus Holdings Gross Margin % Chart

Nictus Holdings Annual Data

Trend

Mar20

Mar21

Jun22

Jun23

Gross Margin %

32.16

27.62

28.43

Nictus Holdings Semi-Annual Data
	Mar20	Sep20	Mar21	Sep21	Dec22	Jun23	Dec23
Gross Margin %	Get a 7-Day Free Trial			26.38	29.36	26.94	29.84	24.47

Competitive Comparison of Nictus Holdings's Gross Margin %

For the Specialty Retail subindustry, Nictus Holdings'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.

Nictus Holdings's Gross Margin % Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Nictus Holdings's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Nictus Holdings's Gross Margin % falls into.

Nictus Holdings Gross Margin % Calculation

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

Nictus Holdings's Gross Margin for the fiscal year that ended in Jun. 2023 is calculated as

Gross Margin % (A: Jun. 2023 )	=	Gross Profit (A: Jun. 2023 )	/	Revenue (A: Jun. 2023 )
	=	293.9	/	1033.691
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(1033.691 - 739.838)	/	1033.691
	=	28.43 %

Nictus Holdings'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 )
	=	118.7	/	485.19
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(485.19 - 366.459)	/	485.19
	=	24.47 %

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.

Nictus Holdings (NAM:NHL) 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

Nictus Holdings had a gross margin of 24.47% for the quarter that ended in Dec. 2023 => Competition eroding margins

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.

Nictus Holdings Gross Margin % Related Terms

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Nictus Holdings (NAM:NHL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Nictus Holdings Ltd (NAM:NHL) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

140 Mandume Ndemufayo Avenue, 1st Floor, Nictus Building, P.O. Box 755, Southern Industrial Area, Windhoek, NAM

Website

http://www.nictusholdings.com

Nictus Holdings Ltd retails automobiles, tyres, furniture and provides financial and insurance services in Namibia. The company operates through three segments namely, Retail, Properties, and Insurance and Finance. The Retail segment sells multi-brand tires, retreaded tires, wheels, and allied services. The Properties segment invests in properties. The Insurance and Finance segment provides risk management solutions, and financial assistance. Majority revenue of the company is earned from Retail segment.

Nictus Holdings (NAM:NHL) Headlines

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