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Viafin Service Oyj (OHEL:VIAFIN) Gross Margin % : 45.85% (As of Dec. 2023)


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What is Viafin Service Oyj Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Viafin Service Oyj's Gross Profit for the six months ended in Dec. 2023 was €17.25 Mil. Viafin Service Oyj's Revenue for the six months ended in Dec. 2023 was €37.61 Mil. Therefore, Viafin Service Oyj's Gross Margin % for the quarter that ended in Dec. 2023 was 45.85%.


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

OHEL:VIAFIN' s Gross Margin % Range Over the Past 10 Years
Min: 53.31   Med: 63.86   Max: 79.94
Current: 64.14


During the past 6 years, the highest Gross Margin % of Viafin Service Oyj was 79.94%. The lowest was 53.31%. And the median was 63.86%.

OHEL:VIAFIN's Gross Margin % is ranked better than
97.38% of 2939 companies
in the Industrial Products industry
Industry Median: 26.39 vs OHEL:VIAFIN: 64.14

Viafin Service Oyj had a gross margin of 45.85% for the quarter that ended in Dec. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Viafin Service Oyj was 0.00% per year.


Viafin Service Oyj Gross Margin % Historical Data

The historical data trend for Viafin Service 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.

Viafin Service Oyj Gross Margin % Chart

Viafin Service Oyj Annual Data
Trend Jul17 Jul18 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial - 60.21 63.86 53.31 64.14

Viafin Service Oyj Semi-Annual Data
Jul17 Jul18 Jan19 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 49.40 77.84 33.67 82.37 45.85

Competitive Comparison of Viafin Service Oyj's Gross Margin %

For the Specialty Industrial Machinery subindustry, Viafin Service 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.


Viafin Service Oyj's Gross Margin % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Viafin Service Oyj's Gross Margin % distribution charts can be found below:

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



Viafin Service Oyj Gross Margin % Calculation

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

Viafin Service 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 )
=48.3 / 75.358
=(Revenue - Cost of Goods Sold) / Revenue
=(75.358 - 27.022) / 75.358
=64.14 %

Viafin Service 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 )
=17.2 / 37.612
=(Revenue - Cost of Goods Sold) / Revenue
=(37.612 - 20.367) / 37.612
=45.85 %

* 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.


Viafin Service Oyj  (OHEL:VIAFIN) 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

Viafin Service Oyj had a gross margin of 45.85% 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.


Viafin Service Oyj Gross Margin % Related Terms

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


Viafin Service Oyj (OHEL:VIAFIN) Business Description

Traded in Other Exchanges
N/A
Address
Kullervonkatu 15, Tampere, FIN, 33500
Viafin Service Oyj is specialized in industrial maintenance services, installation, and maintenance of industrial piping, equipment, and gas-based systems. It offers wide range of services includes maintenance and system supply of LNG and biogas systems, gas grids, and gas filling stations. The company's business is mainly in Finland and its clientele consists of several major companies in the pulp, energy, chemical, and metal industry.

Viafin Service Oyj (OHEL:VIAFIN) Headlines

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