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Union Investment (AMM:UINV) Gross Margin % : -49.66% (As of Mar. 2024)


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What is Union Investment Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Union Investment's Gross Profit for the three months ended in Mar. 2024 was JOD-0.51 Mil. Union Investment's Revenue for the three months ended in Mar. 2024 was JOD1.03 Mil. Therefore, Union Investment's Gross Margin % for the quarter that ended in Mar. 2024 was -49.66%.


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

AMM:UINV' s Gross Margin % Range Over the Past 10 Years
Min: -108.41   Med: 12.79   Max: 18.86
Current: -108.41


During the past 13 years, the highest Gross Margin % of Union Investment was 18.86%. The lowest was -108.41%. And the median was 12.79%.

AMM:UINV's Gross Margin % is ranked worse than
100% of 53 companies
in the Tobacco Products industry
Industry Median: 34.28 vs AMM:UINV: -108.41

Union Investment had a gross margin of -49.66% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Union Investment was 0.00% per year.


Union Investment Gross Margin % Historical Data

The historical data trend for Union Investment'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.

Union Investment Gross Margin % Chart

Union Investment 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 - - - - -

Union Investment Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 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 -7.76 156.44 -49.44 - -49.66

Competitive Comparison of Union Investment's Gross Margin %

For the Tobacco subindustry, Union Investment'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.


Union Investment's Gross Margin % Distribution in the Tobacco Products Industry

For the Tobacco Products industry and Consumer Defensive sector, Union Investment's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Union Investment's Gross Margin % falls into.



Union Investment Gross Margin % Calculation

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

Union Investment'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 )
=2.3 / 2.311
=(Revenue - Cost of Goods Sold) / Revenue
=(2.311 - 0) / 2.311
=N/A %

Union Investment'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 )
=-0.5 / 1.033
=(Revenue - Cost of Goods Sold) / Revenue
=(1.033 - 1.546) / 1.033
=-49.66 %

* 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.


Union Investment  (AMM:UINV) 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

Union Investment had a gross margin of -49.66% for the quarter that ended in Mar. 2024 => No sustainable 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.


Union Investment Gross Margin % Related Terms

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Union Investment (AMM:UINV) Business Description

Traded in Other Exchanges
N/A
Address
No. 6 Eritrea Street, Fourth floor, Al Nabal Building, Um Uthaina - P.O.Box 144064, Amman, JOR, 11814
Union Investment Corp is a Jordan based investment holding company. It has three operating segments including Tobacco and cigarettes; Investments in shares and associates; and Real estates by purchasing lands for the purpose of increasing its value. The company generates a vast majority of its revenue from the tobacco and cigarettes segment.

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