Marlborough Wine Estates Group (NZSE:MWE) Gross Margin % : 16.06% (As of Dec. 2023)

View and export this data going back to 2016. Start your Free Trial

What is Marlborough Wine Estates Group Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Marlborough Wine Estates Group's Gross Profit for the six months ended in Dec. 2023 was NZ$0.60 Mil. Marlborough Wine Estates Group's Revenue for the six months ended in Dec. 2023 was NZ$3.74 Mil. Therefore, Marlborough Wine Estates Group's Gross Margin % for the quarter that ended in Dec. 2023 was 16.06%.

Warning Sign:

Marlborough Wine Estates Group Ltd gross margin has been in long-term decline. The average rate of decline per year is -3.3%.

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

NZSE:MWE' s Gross Margin % Range Over the Past 10 Years
Min: 10.78 Med: 37.5 Max: 40.88
Current: 35.46

During the past 8 years, the highest Gross Margin % of Marlborough Wine Estates Group was 40.88%. The lowest was 10.78%. And the median was 37.50%.

NZSE:MWE's Gross Margin % is ranked worse than
62.68% of 209 companies
in the Beverages - Alcoholic industry
Industry Median: 39.88 vs NZSE:MWE: 35.46

Marlborough Wine Estates Group had a gross margin of 16.06% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Marlborough Wine Estates Group was -3.30% per year.

Marlborough Wine Estates Group Gross Margin % Historical Data

The historical data trend for Marlborough Wine Estates Group'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.

Marlborough Wine Estates Group Gross Margin % Chart

Marlborough Wine Estates Group Annual Data

Trend

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Gross Margin %

Get a 7-Day Free Trial

38.79

38.35

19.09

36.64

38.54

Marlborough Wine Estates Group Semi-Annual Data
	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Gross Margin %	Get a 7-Day Free Trial											17.94	49.34	25.20	49.42	16.06

Competitive Comparison of Marlborough Wine Estates Group's Gross Margin %

For the Beverages - Wineries & Distilleries subindustry, Marlborough Wine Estates Group'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.

Marlborough Wine Estates Group's Gross Margin % Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Marlborough Wine Estates Group's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Marlborough Wine Estates Group's Gross Margin % falls into.

Marlborough Wine Estates Group Gross Margin % Calculation

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

Marlborough Wine Estates Group'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 )
	=	3.6	/	9.426
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(9.426 - 5.793)	/	9.426
	=	38.54 %

Marlborough Wine Estates Group'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 )
	=	0.6	/	3.737
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(3.737 - 3.137)	/	3.737
	=	16.06 %

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.

Marlborough Wine Estates Group (NZSE:MWE) 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

Marlborough Wine Estates Group had a gross margin of 16.06% 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.

Marlborough Wine Estates Group Gross Margin % Related Terms

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

Marlborough Wine Estates Group (NZSE:MWE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Marlborough Wine Estates Group Ltd (NZSE:MWE) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

5-7 Kingdon Street, Level 6, Newmarket, Central, Auckland, NTL, NZL

Website

https://www.nzmwe.com

Marlborough Wine Estates Group Ltd is a New Zealand-based company engaged in vineyard maintenance, grape production, and winemaking. It operates under the brand names of O:TU wines and Music Bay. The group operates in various geographical areas including New Zealand and Oceania; United States; UK/Europe; Australasia and Others. It derives a majority of its revenue from New Zealand and Oceania.