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Stealth Group Holdings (ASX:SGI) Gross Margin % : 29.38% (As of Dec. 2023)


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What is Stealth Group Holdings Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Stealth Group Holdings's Gross Profit for the six months ended in Dec. 2023 was A$16.6 Mil. Stealth Group Holdings's Revenue for the six months ended in Dec. 2023 was A$56.5 Mil. Therefore, Stealth Group Holdings's Gross Margin % for the quarter that ended in Dec. 2023 was 29.38%.


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

ASX:SGI' s Gross Margin % Range Over the Past 10 Years
Min: 24.32   Med: 29.05   Max: 30.19
Current: 29.51


During the past 5 years, the highest Gross Margin % of Stealth Group Holdings was 30.19%. The lowest was 24.32%. And the median was 29.05%.

ASX:SGI's Gross Margin % is ranked better than
65.97% of 144 companies
in the Industrial Distribution industry
Industry Median: 22.46 vs ASX:SGI: 29.51

Stealth Group Holdings had a gross margin of 29.38% for the quarter that ended in Dec. 2023 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Stealth Group Holdings was 0.00% per year.


Stealth Group Holdings Gross Margin % Historical Data

The historical data trend for Stealth Group Holdings'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.

Stealth Group Holdings Gross Margin % Chart

Stealth Group Holdings Annual Data
Trend Jun19 Jun20 Jun21 Jun22 Jun23
Gross Margin %
24.32 26.56 29.05 30.19 29.33

Stealth Group Holdings Semi-Annual Data
Dec18 Jun19 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 29.80 30.50 28.98 29.64 29.38

Competitive Comparison of Stealth Group Holdings's Gross Margin %

For the Industrial Distribution subindustry, Stealth Group Holdings'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.


Stealth Group Holdings's Gross Margin % Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Stealth Group Holdings's Gross Margin % distribution charts can be found below:

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



Stealth Group Holdings Gross Margin % Calculation

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

Stealth Group Holdings's Gross Margin for the fiscal year that ended in Jun. 2023 is calculated as

Gross Margin % (A: Jun. 2023 )=Gross Profit (A: Jun. 2023 ) / Revenue (A: Jun. 2023 )
=32.6 / 110.993
=(Revenue - Cost of Goods Sold) / Revenue
=(110.993 - 78.442) / 110.993
=29.33 %

Stealth Group Holdings'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 )
=16.6 / 56.496
=(Revenue - Cost of Goods Sold) / Revenue
=(56.496 - 39.895) / 56.496
=29.38 %

* 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.


Stealth Group Holdings  (ASX:SGI) 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

Stealth Group Holdings had a gross margin of 29.38% for the quarter that ended in Dec. 2023 => 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.


Stealth Group Holdings Gross Margin % Related Terms

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


Stealth Group Holdings (ASX:SGI) Business Description

Traded in Other Exchanges
N/A
Address
43 Cedric Street, Stirling, WA, AUS, 6021
Stealth Group Holdings Ltd is an Australia based supplier and distributor of safety, industrial, healthcare and workplace consumables products. It is also a provider of supply chain solutions, with a focus on industrial, trade and consumer retail customer markets. The company's geographical segment includes Australia and International market. It derives a majority of revenue from Australia. Products offered by the company include clothing, footwear, first aid, medical consumables, workplace safety, disposable wipes, drilling, automotive and other industrial supplies and others.

Stealth Group Holdings (ASX:SGI) Headlines

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