GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Estrima SpA (FRA:J79) » Definitions » Gross Profit

Estrima SpA (FRA:J79) Gross Profit : €4.25 Mil (TTM As of Jun. 2023)


View and export this data going back to 2021. Start your Free Trial

What is Estrima SpA Gross Profit?

Estrima SpA's gross profit for the six months ended in Jun. 2023 was €3.03 Mil. Estrima SpA's gross profit for the trailing twelve months (TTM) ended in Jun. 2023 was €4.25 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Estrima SpA's gross profit for the six months ended in Jun. 2023 was €3.03 Mil. Estrima SpA's Revenue for the six months ended in Jun. 2023 was €22.71 Mil. Therefore, Estrima SpA's Gross Margin % for the quarter that ended in Jun. 2023 was 13.33%.

Estrima SpA had a gross margin of 13.33% for the quarter that ended in Jun. 2023 => No sustainable competitive advantage

During the past 4 years, the highest Gross Margin % of Estrima SpA was 36.33%. The lowest was 5.80%. And the median was 21.16%.


Estrima SpA Gross Profit Historical Data

The historical data trend for Estrima SpA's Gross Profit 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.

Estrima SpA Gross Profit Chart

Estrima SpA Annual Data
Trend Dec19 Dec20 Dec21 Dec22
Gross Profit
10.73 5.17 0.52 2.82

Estrima SpA Semi-Annual Data
Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
Gross Profit Get a 7-Day Free Trial 4.84 -4.32 1.60 1.22 3.03

Competitive Comparison of Estrima SpA's Gross Profit

For the Auto Manufacturers subindustry, Estrima SpA's Gross Profit, along with its competitors' market caps and Gross Profit 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.


Estrima SpA's Gross Profit Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Estrima SpA's Gross Profit distribution charts can be found below:

* The bar in red indicates where Estrima SpA's Gross Profit falls into.



Estrima SpA Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

Estrima SpA's Gross Profit for the fiscal year that ended in Dec. 2022 is calculated as

Gross Profit (A: Dec. 2022 )=Revenue - Cost of Goods Sold
=36.148 - 33.328
=2.82

Estrima SpA's Gross Profit for the quarter that ended in Jun. 2023 is calculated as

Gross Profit (Q: Jun. 2023 )=Revenue - Cost of Goods Sold
=22.707 - 19.681
=3.03

Gross Profit for the trailing twelve months (TTM) ended in Jun. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was €4.25 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

Estrima SpA's Gross Margin % for the quarter that ended in Jun. 2023 is calculated as

Gross Margin % (Q: Jun. 2023 )=Gross Profit (Q: Jun. 2023 ) / Revenue (Q: Jun. 2023 )
=(Revenue - Cost of Goods Sold) / Revenue
=3.03 / 22.707
=13.33 %

* 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.


Estrima SpA  (FRA:J79) Gross Profit 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

Estrima SpA had a gross margin of 13.33% for the quarter that ended in Jun. 2023 => No sustainable competitive advantage


Estrima SpA Gross Profit Related Terms

Thank you for viewing the detailed overview of Estrima SpA's Gross Profit provided by GuruFocus.com. Please click on the following links to see related term pages.


Estrima SpA (FRA:J79) Business Description

Traded in Other Exchanges
Address
Via Roveredo 20/b, Pordenone, ITA, 33170
Estrima SpA is engaged in designing, manufacturing and distribution of the small electric vehicles.

Estrima SpA (FRA:J79) Headlines

No Headlines