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Titanium Oyj (OHEL:TITAN) Gross Margin % : 64.83% (As of Dec. 2023)


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What is Titanium Oyj Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Titanium Oyj's Gross Profit for the six months ended in Dec. 2023 was €8.05 Mil. Titanium Oyj's Revenue for the six months ended in Dec. 2023 was €12.42 Mil. Therefore, Titanium Oyj's Gross Margin % for the quarter that ended in Dec. 2023 was 64.83%.


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

OHEL:TITAN' s Gross Margin % Range Over the Past 10 Years
Min: 61   Med: 68.72   Max: 73.8
Current: 68.41


During the past 9 years, the highest Gross Margin % of Titanium Oyj was 73.80%. The lowest was 61.00%. And the median was 68.72%.

OHEL:TITAN's Gross Margin % is ranked better than
63.25% of 536 companies
in the Asset Management industry
Industry Median: 51.55 vs OHEL:TITAN: 68.41

Titanium Oyj had a gross margin of 64.83% for the quarter that ended in Dec. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Titanium Oyj was 0.10% per year.


Titanium Oyj Gross Margin % Historical Data

The historical data trend for Titanium Oyj'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.

Titanium Oyj Gross Margin % Chart

Titanium Oyj Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only 68.54 71.08 71.31 73.80 68.41

Titanium Oyj Semi-Annual Data
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 71.03 75.05 72.58 71.71 64.83

Competitive Comparison of Titanium Oyj's Gross Margin %

For the Asset Management subindustry, Titanium Oyj'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.


Titanium Oyj's Gross Margin % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Titanium Oyj's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Titanium Oyj's Gross Margin % falls into.



Titanium Oyj Gross Margin % Calculation

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

Titanium Oyj'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 )
=17.7 / 25.871
=(Revenue - Cost of Goods Sold) / Revenue
=(25.871 - 8.172) / 25.871
=68.41 %

Titanium Oyj'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 )
=8.1 / 12.421
=(Revenue - Cost of Goods Sold) / Revenue
=(12.421 - 4.368) / 12.421
=64.83 %

* 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.


Titanium Oyj  (OHEL:TITAN) 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

Titanium Oyj had a gross margin of 64.83% 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.


Titanium Oyj Gross Margin % Related Terms

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


Titanium Oyj (OHEL:TITAN) Business Description

Traded in Other Exchanges
N/A
Address
Aleksanterinkatu 48 B, Helsinki, FIN, 00100
Titanium Oyj through its subsidiaries provides investment in real estate, mutual fund operations, asset management and insurance business.

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