Byggmax Group AB (OSTO:BMAX) Gross Margin % : 33.83% (As of Mar. 2024)

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What is Byggmax Group AB Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Byggmax Group AB's Gross Profit for the three months ended in Mar. 2024 was kr293 Mil. Byggmax Group AB's Revenue for the three months ended in Mar. 2024 was kr866 Mil. Therefore, Byggmax Group AB's Gross Margin % for the quarter that ended in Mar. 2024 was 33.83%.

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

OSTO:BMAX' s Gross Margin % Range Over the Past 10 Years
Min: 30.57 Med: 31.57 Max: 34.1
Current: 33.35

During the past 13 years, the highest Gross Margin % of Byggmax Group AB was 34.10%. The lowest was 30.57%. And the median was 31.57%.

OSTO:BMAX's Gross Margin % is ranked worse than
56.84% of 1096 companies
in the Retail - Cyclical industry
Industry Median: 36.675 vs OSTO:BMAX: 33.35

Byggmax Group AB had a gross margin of 33.83% for the quarter that ended in Mar. 2024 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Byggmax Group AB was 1.80% per year.

Byggmax Group AB Gross Margin % Historical Data

The historical data trend for Byggmax Group AB'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.

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Byggmax Group AB Gross Margin % Chart

Byggmax Group AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Gross Margin %

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32.03

32.60

34.10

33.90

33.44

Byggmax Group AB 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															34.35	32.00	34.08	34.47	33.83

Competitive Comparison of Byggmax Group AB's Gross Margin %

For the Home Improvement Retail subindustry, Byggmax Group AB'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.

Byggmax Group AB's Gross Margin % Distribution in the Retail - Cyclical Industry

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

* The bar in red indicates where Byggmax Group AB's Gross Margin % falls into.

Byggmax Group AB Gross Margin % Calculation

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

Byggmax Group AB'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 )
	=	2044	/	6113
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(6113 - 4069)	/	6113
	=	33.44 %

Byggmax Group AB'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 )
	=	293	/	866
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(866 - 573)	/	866
	=	33.83 %

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.

Byggmax Group AB (OSTO:BMAX) 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

Byggmax Group AB had a gross margin of 33.83% for the quarter that ended in Mar. 2024 => 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.

Byggmax Group AB Gross Margin % Related Terms

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Byggmax Group AB (OSTO:BMAX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Byggmax Group AB (OSTO:BMAX) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

0MR4:UK

Address

Armegatan 38, Solna, SWE, 171 71

Website

https://www.byggmax.se

Byggmax Group AB is engaged in the discount retail of building supply materials. The business concept is to retail high-quality building supplies at the lowest possible price. The business activities are primarily conducted in Sweden, Norway, Denmark, and Finland. In addition to the Byggmax stores, there is a serviced office that manages purchasing, accounting, and finance as well as IT functions across the stores. The company offers timber, insulation products, doors, windows, sheets, boards, and paints.

Byggmax Group AB (OSTO:BMAX) Headlines

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