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JM Holdings Co (TSE:3539) Gross Margin % : 28.87% (As of Jan. 2024)


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What is JM Holdings Co Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. JM Holdings Co's Gross Profit for the three months ended in Jan. 2024 was 円13,154 Mil. JM Holdings Co's Revenue for the three months ended in Jan. 2024 was 円45,570 Mil. Therefore, JM Holdings Co's Gross Margin % for the quarter that ended in Jan. 2024 was 28.87%.


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

TSE:3539' s Gross Margin % Range Over the Past 10 Years
Min: 27.93   Med: 28.56   Max: 29.06
Current: 28.63


During the past 9 years, the highest Gross Margin % of JM Holdings Co was 29.06%. The lowest was 27.93%. And the median was 28.56%.

TSE:3539's Gross Margin % is ranked better than
69.16% of 308 companies
in the Retail - Defensive industry
Industry Median: 22.78 vs TSE:3539: 28.63

JM Holdings Co had a gross margin of 28.87% for the quarter that ended in Jan. 2024 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for JM Holdings Co was -0.10% per year.


JM Holdings Co Gross Margin % Historical Data

The historical data trend for JM Holdings Co'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.

JM Holdings Co Gross Margin % Chart

JM Holdings Co Annual Data
Trend Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only 28.60 28.89 28.42 27.93 28.42

JM Holdings Co Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 28.44 28.53 28.62 28.48 28.87

Competitive Comparison of JM Holdings Co's Gross Margin %

For the Grocery Stores subindustry, JM Holdings Co'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.


JM Holdings Co's Gross Margin % Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, JM Holdings Co's Gross Margin % distribution charts can be found below:

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



JM Holdings Co Gross Margin % Calculation

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

JM Holdings Co's Gross Margin for the fiscal year that ended in Jul. 2023 is calculated as

Gross Margin % (A: Jul. 2023 )=Gross Profit (A: Jul. 2023 ) / Revenue (A: Jul. 2023 )
=44005 / 154815
=(Revenue - Cost of Goods Sold) / Revenue
=(154815 - 110810) / 154815
=28.42 %

JM Holdings Co's Gross Margin for the quarter that ended in Jan. 2024 is calculated as


Gross Margin % (Q: Jan. 2024 )=Gross Profit (Q: Jan. 2024 ) / Revenue (Q: Jan. 2024 )
=13154 / 45570
=(Revenue - Cost of Goods Sold) / Revenue
=(45570 - 32416) / 45570
=28.87 %

* 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.


JM Holdings Co  (TSE:3539) 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

JM Holdings Co had a gross margin of 28.87% for the quarter that ended in Jan. 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.


JM Holdings Co Gross Margin % Related Terms

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JM Holdings Co (TSE:3539) Business Description

Traded in Other Exchanges
N/A
Address
Tsuchiura-shi wholesale Town 2-3, 30 Ibaraki prefecture, Ibaraki, JPN, 300-0847
JM Holdings Co Ltd operates food supermarkets that retail meat products, fresh vegetables, fishes and other daily food products. The company also manages beef barbecue restaurants. It offers meat products, including meat processed goods, and frozen and refrigerated processed products, as well as meat of cow, chicken, and ham, as well as pork; food products comprising seasonings, processed foods, rice, bread, sake, noodles, eggs, dairy products; and vegetables, fruits, vegetables and fruits processed products, fresh juices, and cakes. It also provides fish products, sushi, dried fish, seaweed, shellfish, crustaceans, marine processing; and prepared foods, including lunch and fried foods, and tonkatsu, as well as salads, boiled foods, pottery, steamed foods.

JM Holdings Co (TSE:3539) Headlines

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