The historical rank and industry rank for SmartKem's Gross Margin % or its related term are showing as below:
SMTK'
s Gross Margin % Range Over the Past 10 Years
Min: 14.81 Med: 29.5 Max: 55.56
Current: 14.82
During the past 4 years, the highestGross Margin % of SmartKem was 55.56%. The lowest was 14.81%. And the median was 29.50%.
SMTK's Gross Margin % is ranked worse than 77.03% of 975
companies
in the Semiconductors industry
Industry Median: 28.54
vs SMTK: 14.82
SmartKem had a gross margin of N/A% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage
The 5-Year average Growth Rate of Gross Margin for SmartKem was 0.00% per year.
SmartKem Gross Margin % Historical Data
The historical data trend for SmartKem'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.
Competitive Comparison of SmartKem's Gross Margin %
For the Semiconductor Equipment & Materials subindustry, SmartKem'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.
SmartKem's Gross Margin % Distribution in the Semiconductors Industry
For the Semiconductors industry and Technology sector, SmartKem's Gross Margin % distribution charts can be found below:
* The bar in red indicates where SmartKem's Gross Margin % falls into.
* 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.
SmartKem (OTCPK:SMTK) 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
SmartKem had a gross margin of N/A% 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.
SmartKem Gross Margin % Related Terms
Thank you for viewing the detailed overview of SmartKem's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.
SmartKem Inc focuses on the design, development, industrialization, and technology transfer of low temp, solution-deposited organic semiconductors for transistor backplanes. The company's semiconductor platform can be used in a number of applications including mini-LED displays, AMOLED displays, fingerprint sensors, and logic circuits. The company derives revenue from the sale of TRUFLEX inks and demonstration products.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
SMTK has been successfully added to your 