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Euro Holdings Bhd (XKLS:7208) Gross Margin % : 32.98% (As of Mar. 2024)


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What is Euro Holdings Bhd Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Euro Holdings Bhd's Gross Profit for the three months ended in Mar. 2024 was RM2.97 Mil. Euro Holdings Bhd's Revenue for the three months ended in Mar. 2024 was RM8.99 Mil. Therefore, Euro Holdings Bhd's Gross Margin % for the quarter that ended in Mar. 2024 was 32.98%.

Warning Sign:

Euro Holdings Bhd gross margin has been in long-term decline. The average rate of decline per year is -16.5%.


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

XKLS:7208' s Gross Margin % Range Over the Past 10 Years
Min: -3.99   Med: 23.44   Max: 33.75
Current: -3.99


During the past 13 years, the highest Gross Margin % of Euro Holdings Bhd was 33.75%. The lowest was -3.99%. And the median was 23.44%.

XKLS:7208's Gross Margin % is ranked worse than
98.52% of 405 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 29.09 vs XKLS:7208: -3.99

Euro Holdings Bhd had a gross margin of 32.98% for the quarter that ended in Mar. 2024 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Euro Holdings Bhd was -16.50% per year.


Euro Holdings Bhd Gross Margin % Historical Data

The historical data trend for Euro Holdings Bhd'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.

Euro Holdings Bhd Gross Margin % Chart

Euro Holdings Bhd Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 33.75 23.12 17.64 9.78 19.58

Euro Holdings Bhd Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Mar23 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 -9.11 8.45 -20.98 -1.53 32.98

Competitive Comparison of Euro Holdings Bhd's Gross Margin %

For the Furnishings, Fixtures & Appliances subindustry, Euro Holdings Bhd'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.


Euro Holdings Bhd's Gross Margin % Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Euro Holdings Bhd's Gross Margin % distribution charts can be found below:

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



Euro Holdings Bhd Gross Margin % Calculation

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

Euro Holdings Bhd's Gross Margin for the fiscal year that ended in Dec. 2020 is calculated as

Gross Margin % (A: Dec. 2020 )=Gross Profit (A: Dec. 2020 ) / Revenue (A: Dec. 2020 )
=12.6 / 64.307
=(Revenue - Cost of Goods Sold) / Revenue
=(64.307 - 51.715) / 64.307
=19.58 %

Euro Holdings Bhd'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 )
=3 / 8.989
=(Revenue - Cost of Goods Sold) / Revenue
=(8.989 - 6.024) / 8.989
=32.98 %

* 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.


Euro Holdings Bhd  (XKLS:7208) 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

Euro Holdings Bhd had a gross margin of 32.98% 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.


Euro Holdings Bhd Gross Margin % Related Terms

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


Euro Holdings Bhd (XKLS:7208) Business Description

Traded in Other Exchanges
N/A
Address
Lot 20111, Jalan TTC12, Menara Euro, Kawasan Perindustrian Cheng, Mukim Cheng, Daerah Melaka Tengah, Melaka, MLA, MYS, 48000
Euro Holdings Bhd is a Malaysia based company engaged in the manufacturing and trading of office furniture and steel. The business activity of the firm is functioned through Manufacturing and trading, Property development, and Others. The company's activities include Manufacturing and trading of office furniture, Property development of residential properties, and Investment holding operations. It offers products related to office furniture, fabric materials, partitions, steel furniture, chairs, and panels. The group derives key revenue from the Manufacturing and trading segment. The company geographically operates in Malaysia, Hong Kong, India, Middle East, Thailand and others.

Euro Holdings Bhd (XKLS:7208) Headlines

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