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Montagne et Neige DeveloppementCA (XPAR:ALMND) Gross Margin % : 42.02% (As of Dec. 2023)


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What is Montagne et Neige DeveloppementCA Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Montagne et Neige DeveloppementCA's Gross Profit for the six months ended in Dec. 2023 was €12.74 Mil. Montagne et Neige DeveloppementCA's Revenue for the six months ended in Dec. 2023 was €30.32 Mil. Therefore, Montagne et Neige DeveloppementCA's Gross Margin % for the quarter that ended in Dec. 2023 was 42.02%.

Warning Sign:

Montagne et Neige Developpement SACA gross margin has been in long-term decline. The average rate of decline per year is -9.4%.


The historical rank and industry rank for Montagne et Neige DeveloppementCA's Gross Margin % or its related term are showing as below:

XPAR:ALMND' s Gross Margin % Range Over the Past 10 Years
Min: 16.46   Med: 45.59   Max: 64.7
Current: 38.7


During the past 11 years, the highest Gross Margin % of Montagne et Neige DeveloppementCA was 64.70%. The lowest was 16.46%. And the median was 45.59%.

XPAR:ALMND's Gross Margin % is ranked worse than
57.59% of 771 companies
in the Travel & Leisure industry
Industry Median: 43.22 vs XPAR:ALMND: 38.70

Montagne et Neige DeveloppementCA had a gross margin of 42.02% for the quarter that ended in Dec. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Montagne et Neige DeveloppementCA was -9.40% per year.


Montagne et Neige DeveloppementCA Gross Margin % Historical Data

The historical data trend for Montagne et Neige DeveloppementCA'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.

Montagne et Neige DeveloppementCA Gross Margin % Chart

Montagne et Neige DeveloppementCA Annual Data
Trend Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Jun20 Jun21 Jun22
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 49.97 43.87 16.46 33.92 38.57

Montagne et Neige DeveloppementCA Semi-Annual Data
Sep13 Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 37.54 39.75 34.83 36.29 42.02

Competitive Comparison of Montagne et Neige DeveloppementCA's Gross Margin %

For the Leisure subindustry, Montagne et Neige DeveloppementCA'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.


Montagne et Neige DeveloppementCA's Gross Margin % Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Montagne et Neige DeveloppementCA's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Montagne et Neige DeveloppementCA's Gross Margin % falls into.



Montagne et Neige DeveloppementCA Gross Margin % Calculation

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

Montagne et Neige DeveloppementCA's Gross Margin for the fiscal year that ended in Jun. 2022 is calculated as

Gross Margin % (A: Jun. 2022 )=Gross Profit (A: Jun. 2022 ) / Revenue (A: Jun. 2022 )
=28.6 / 74.138
=(Revenue - Cost of Goods Sold) / Revenue
=(74.138 - 45.545) / 74.138
=38.57 %

Montagne et Neige DeveloppementCA's Gross Margin for the quarter that ended in Dec. 2023 is calculated as


Gross Margin % (Q: Dec. 2023 )=Gross Profit (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=12.7 / 30.32
=(Revenue - Cost of Goods Sold) / Revenue
=(30.32 - 17.579) / 30.32
=42.02 %

* 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.


Montagne et Neige DeveloppementCA  (XPAR:ALMND) 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

Montagne et Neige DeveloppementCA had a gross margin of 42.02% for the quarter that ended in Dec. 2023 => Durable 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.


Montagne et Neige DeveloppementCA Gross Margin % Related Terms

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Montagne et Neige DeveloppementCA (XPAR:ALMND) Business Description

Traded in Other Exchanges
Address
Parc d'Activités ALPESPACE, 74 Voie Magellan, Sainte-Hélène-du-Lac, FRA, 73800
Montagne et Neige Developpement SACA designs and builds solutions to facilitate travel in the mountain areas. The group deals in ropeways, snowmaking tools, leisure activities and equipment, safety systems, among others.

Montagne et Neige DeveloppementCA (XPAR:ALMND) Headlines

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