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Immsi SpA (MIL:IMS) Gross Margin % : 100.74% (As of Dec. 2023)


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What is Immsi SpA Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Immsi SpA's Gross Profit for the three months ended in Dec. 2023 was €376 Mil. Immsi SpA's Revenue for the three months ended in Dec. 2023 was €374 Mil. Therefore, Immsi SpA's Gross Margin % for the quarter that ended in Dec. 2023 was 100.74%.

Warning Sign:

Immsi SpA gross margin has been in long-term decline. The average rate of decline per year is -2.6%.


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

MIL:IMS' s Gross Margin % Range Over the Past 10 Years
Min: 35.88   Med: 40.8   Max: 43.29
Current: 37.03


During the past 13 years, the highest Gross Margin % of Immsi SpA was 43.29%. The lowest was 35.88%. And the median was 40.80%.

MIL:IMS's Gross Margin % is ranked better than
86.55% of 1271 companies
in the Vehicles & Parts industry
Industry Median: 19.43 vs MIL:IMS: 37.03

Immsi SpA had a gross margin of 100.74% for the quarter that ended in Dec. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Immsi SpA was -2.60% per year.


Immsi SpA Gross Margin % Historical Data

The historical data trend for Immsi SpA'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.

Immsi SpA Gross Margin % Chart

Immsi SpA Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 40.42 39.33 37.60 35.88 37.03

Immsi SpA Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 36.28 21.64 49.89 -13.74 100.74

Competitive Comparison of Immsi SpA's Gross Margin %

For the Auto Manufacturers subindustry, Immsi SpA'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.


Immsi SpA's Gross Margin % Distribution in the Vehicles & Parts Industry

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

* The bar in red indicates where Immsi SpA's Gross Margin % falls into.



Immsi SpA Gross Margin % Calculation

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

Immsi SpA's Gross Margin for the fiscal year that ended in Dec. 2023 is calculated as

Gross Margin % (A: Dec. 2023 )=Gross Profit (A: Dec. 2023 ) / Revenue (A: Dec. 2023 )
=748.4 / 2021.128
=(Revenue - Cost of Goods Sold) / Revenue
=(2021.128 - 1272.745) / 2021.128
=37.03 %

Immsi SpA'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 )
=376.4 / 373.633
=(Revenue - Cost of Goods Sold) / Revenue
=(373.633 - -2.76) / 373.633
=100.74 %

* 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.


Immsi SpA  (MIL:IMS) 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

Immsi SpA had a gross margin of 100.74% 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.


Immsi SpA Gross Margin % Related Terms

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


Immsi SpA (MIL:IMS) Business Description

Traded in Other Exchanges
Address
Piazza Vilfredo Pareto, 3, Centro Direzionale Boma, Mantova, ITA, 46100
Immsi SpA is an Italy-based holding company. The company's operating segments include Property and holding; Industrial and Marine. It generates maximum revenue from the Industrial segment. The industrial segment is engaged in the manufacture and marketing of motorcycles, scooters, mopeds, and light commercial vehicles. Geographically, it derives a majority of revenue from Italy and also has a presence in the Rest of Europe; India; the United States, and the Rest of the World.

Immsi SpA (MIL:IMS) Headlines

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