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Verkkokauppa.com Oyj (OHEL:VERK) Gross Margin % : 17.29% (As of Mar. 2024)


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What is Verkkokauppa.com Oyj Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Verkkokauppa.com Oyj's Gross Profit for the three months ended in Mar. 2024 was €18.7 Mil. Verkkokauppa.com Oyj's Revenue for the three months ended in Mar. 2024 was €108.0 Mil. Therefore, Verkkokauppa.com Oyj's Gross Margin % for the quarter that ended in Mar. 2024 was 17.29%.


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

OHEL:VERK' s Gross Margin % Range Over the Past 10 Years
Min: 14.46   Med: 15.26   Max: 16.22
Current: 16.22


During the past 13 years, the highest Gross Margin % of Verkkokauppa.com Oyj was 16.22%. The lowest was 14.46%. And the median was 15.26%.

OHEL:VERK's Gross Margin % is ranked worse than
84.2% of 1095 companies
in the Retail - Cyclical industry
Industry Median: 36.46 vs OHEL:VERK: 16.22

Verkkokauppa.com Oyj had a gross margin of 17.29% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Verkkokauppa.com Oyj was 1.00% per year.


Verkkokauppa.com Oyj Gross Margin % Historical Data

The historical data trend for Verkkokauppa.com 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.

Verkkokauppa.com Oyj Gross Margin % Chart

Verkkokauppa.com Oyj 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 14.65 15.97 15.88 14.84 16.08

Verkkokauppa.com Oyj Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 16.59 16.70 15.93 15.32 17.29

Competitive Comparison of Verkkokauppa.com Oyj's Gross Margin %

For the Internet Retail subindustry, Verkkokauppa.com 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.


Verkkokauppa.com Oyj's Gross Margin % Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Verkkokauppa.com Oyj's Gross Margin % distribution charts can be found below:

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



Verkkokauppa.com Oyj Gross Margin % Calculation

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

Verkkokauppa.com 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 )
=80.9 / 502.852
=(Revenue - Cost of Goods Sold) / Revenue
=(502.852 - 422.001) / 502.852
=16.08 %

Verkkokauppa.com Oyj's Gross Margin for the quarter that ended in Mar. 2024 is calculated as


Gross Margin % (Q: Mar. 2024 )=Gross Profit (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=18.7 / 107.978
=(Revenue - Cost of Goods Sold) / Revenue
=(107.978 - 89.31) / 107.978
=17.29 %

* 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.


Verkkokauppa.com Oyj  (OHEL:VERK) 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

Verkkokauppa.com Oyj had a gross margin of 17.29% for the quarter that ended in Mar. 2024 => 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.


Verkkokauppa.com Oyj Gross Margin % Related Terms

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Verkkokauppa.com Oyj (OHEL:VERK) Business Description

Traded in Other Exchanges
Address
Tyynenmerenkatu 11, Helsinki, FIN, 00220
Verkkokauppa.com Oyj is a retail store in Finland, and it operates mainly online. It offers thousands of products under various product categories such as computer technology, consumer electronics, toys, games, navigation products, and others. The group sells its products to suppliers through retail stores, the webstore, and other media. The revenue streams of the company consist of the sale of goods and services. The sale of services rendered by the company includes installation and maintenance services, subscription sales and visibility sales. The entire revenue of the company is principally generated from one geographical area, Finland.

Verkkokauppa.com Oyj (OHEL:VERK) Headlines

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