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Getac Holdings (TPE:3005) Gross Margin % : 30.49% (As of Mar. 2024)


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What is Getac Holdings Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Getac Holdings's Gross Profit for the three months ended in Mar. 2024 was NT$2,654 Mil. Getac Holdings's Revenue for the three months ended in Mar. 2024 was NT$8,705 Mil. Therefore, Getac Holdings's Gross Margin % for the quarter that ended in Mar. 2024 was 30.49%.

Warning Sign:

Getac Holdings Corp gross margin has been in long-term decline. The average rate of decline per year is -1.3%.


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

TPE:3005' s Gross Margin % Range Over the Past 10 Years
Min: 22   Med: 27.36   Max: 29.21
Current: 29.21


During the past 13 years, the highest Gross Margin % of Getac Holdings was 29.21%. The lowest was 22.00%. And the median was 27.36%.

TPE:3005's Gross Margin % is ranked better than
60.21% of 2438 companies
in the Hardware industry
Industry Median: 24.395 vs TPE:3005: 29.21

Getac Holdings had a gross margin of 30.49% for the quarter that ended in Mar. 2024 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Getac Holdings was -1.30% per year.


Getac Holdings Gross Margin % Historical Data

The historical data trend for Getac Holdings'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.

Getac Holdings Gross Margin % Chart

Getac Holdings 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 28.35 27.94 25.15 25.44 27.98

Getac Holdings 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 25.34 27.57 29.40 29.35 30.49

Competitive Comparison of Getac Holdings's Gross Margin %

For the Computer Hardware subindustry, Getac Holdings'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.


Getac Holdings's Gross Margin % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Getac Holdings's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Getac Holdings's Gross Margin % falls into.



Getac Holdings Gross Margin % Calculation

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

Getac Holdings'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 )
=9735.4 / 34792.557
=(Revenue - Cost of Goods Sold) / Revenue
=(34792.557 - 25057.128) / 34792.557
=27.98 %

Getac Holdings'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 )
=2653.8 / 8705.374
=(Revenue - Cost of Goods Sold) / Revenue
=(8705.374 - 6051.531) / 8705.374
=30.49 %

* 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.


Getac Holdings  (TPE:3005) 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

Getac Holdings had a gross margin of 30.49% 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.


Getac Holdings Gross Margin % Related Terms

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Getac Holdings (TPE:3005) Business Description

Traded in Other Exchanges
N/A
Address
No. 209, Building A, Nangang Road, Section 1, 5th Floor, Taipei, TWN, 11568
Getac Holdings Corp is a manufacturer of rugged notebooks, tablets, and personal computers. Its products can be used in extreme environments such as sandstorms and blizzards and can withstand a wide range of temperatures. Their functionality includes modularity and flexibility of military interfaces and readability in pitch darkness with night vision goggles. The firm offers bespoke hardware solutions to meet specific client requirements as well. The firm has operations in North America, Asia, and Europe. The reportable segments of the company are Electronic parts, Structure parts and Aerospace fastener. Majority of revenue is generated from the electronic parts segment.

Getac Holdings (TPE:3005) Headlines

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