GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » MrMax Holdings Ltd (TSE:8203) » Definitions » Gross Margin %

MrMax Holdings (TSE:8203) Gross Margin % : 24.52% (As of Nov. 2023)


View and export this data going back to 1994. Start your Free Trial

What is MrMax Holdings Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. MrMax Holdings's Gross Profit for the three months ended in Nov. 2023 was 円7,714 Mil. MrMax Holdings's Revenue for the three months ended in Nov. 2023 was 円31,464 Mil. Therefore, MrMax Holdings's Gross Margin % for the quarter that ended in Nov. 2023 was 24.52%.


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

TSE:8203' s Gross Margin % Range Over the Past 10 Years
Min: 24.18   Med: 24.8   Max: 25.6
Current: 24.96


During the past 13 years, the highest Gross Margin % of MrMax Holdings was 25.60%. The lowest was 24.18%. And the median was 24.80%.

TSE:8203's Gross Margin % is ranked better than
57.74% of 310 companies
in the Retail - Defensive industry
Industry Median: 22.835 vs TSE:8203: 24.96

MrMax Holdings had a gross margin of 24.52% for the quarter that ended in Nov. 2023 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for MrMax Holdings was 0.80% per year.


MrMax Holdings Gross Margin % Historical Data

The historical data trend for MrMax 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.

MrMax Holdings Gross Margin % Chart

MrMax Holdings Annual Data
Trend Mar13 Mar14 Mar15 Mar16 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 24.83 24.35 25.49 25.37 25.60

MrMax Holdings Quarterly Data
Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23
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 24.92 25.31 25.22 24.81 24.52

Competitive Comparison of MrMax Holdings's Gross Margin %

For the Discount Stores subindustry, MrMax 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.


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

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

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



MrMax Holdings Gross Margin % Calculation

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

MrMax Holdings's Gross Margin for the fiscal year that ended in Feb. 2023 is calculated as

Gross Margin % (A: Feb. 2023 )=Gross Profit (A: Feb. 2023 ) / Revenue (A: Feb. 2023 )
=32485 / 126903
=(Revenue - Cost of Goods Sold) / Revenue
=(126903 - 94418) / 126903
=25.60 %

MrMax Holdings's Gross Margin for the quarter that ended in Nov. 2023 is calculated as


Gross Margin % (Q: Nov. 2023 )=Gross Profit (Q: Nov. 2023 ) / Revenue (Q: Nov. 2023 )
=7714 / 31464
=(Revenue - Cost of Goods Sold) / Revenue
=(31464 - 23750) / 31464
=24.52 %

* 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.


MrMax Holdings  (TSE:8203) 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

MrMax Holdings had a gross margin of 24.52% for the quarter that ended in Nov. 2023 => 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.


MrMax Holdings Gross Margin % Related Terms

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


MrMax Holdings (TSE:8203) Business Description

Traded in Other Exchanges
N/A
Address
1-5-7 Matsuda, Higashi-ku, Fukuoka, JPN, 812-0064
MrMax Holdings Ltd is an online and physical discount store that sells household and consumer products. The company offers products such as T.V, phones, kitchen and household electronic appliances, sanitary products, clothes, sports goods, foods, and beverages, carry cases, and others.

MrMax Holdings (TSE:8203) Headlines

No Headlines