Evergent Investments (BSE:EVER) Gross Margin % : 83.25% (As of Dec. 2023)

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What is Evergent Investments Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Evergent Investments's Gross Profit for the six months ended in Dec. 2023 was lei103.5 Mil. Evergent Investments's Revenue for the six months ended in Dec. 2023 was lei124.3 Mil. Therefore, Evergent Investments's Gross Margin % for the quarter that ended in Dec. 2023 was 83.25%.

Warning Sign:

Evergent Investments SA gross margin has been in long-term decline. The average rate of decline per year is -6.2%.

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

BSE:EVER' s Gross Margin % Range Over the Past 10 Years
Min: 50.87 Med: 78.78 Max: 122.9
Current: 79.98

During the past 13 years, the highest Gross Margin % of Evergent Investments was 122.90%. The lowest was 50.87%. And the median was 78.78%.

BSE:EVER's Gross Margin % is ranked better than
73.86% of 528 companies
in the Asset Management industry
Industry Median: 51.56 vs BSE:EVER: 79.98

Evergent Investments had a gross margin of 83.25% for the quarter that ended in Dec. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Evergent Investments was -6.20% per year.

Evergent Investments Gross Margin % Historical Data

The historical data trend for Evergent Investments'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.

Evergent Investments Gross Margin % Chart

Evergent Investments Annual Data

Trend

Dec12

Dec13

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Gross Margin %

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77.58

50.87

58.17

71.67

79.98

Evergent Investments Semi-Annual Data
	Dec10	Dec11	Dec12	Dec13	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Gross Margin %	Get a 7-Day Free Trial														54.91	81.76	56.19	72.56	83.25

Competitive Comparison of Evergent Investments's Gross Margin %

For the Asset Management subindustry, Evergent Investments'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.

Evergent Investments's Gross Margin % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Evergent Investments's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Evergent Investments's Gross Margin % falls into.

Evergent Investments Gross Margin % Calculation

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

Evergent Investments'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 )
	=	143.3	/	179.165
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(179.165 - 35.865)	/	179.165
	=	79.98 %

Evergent Investments'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 )
	=	103.5	/	124.336
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(124.336 - 20.823)	/	124.336
	=	83.25 %

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.

Evergent Investments (BSE:EVER) 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

Evergent Investments had a gross margin of 83.25% 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.

Evergent Investments Gross Margin % Related Terms

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Evergent Investments (BSE:EVER) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Evergent Investments SA (BSE:EVER) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Pictor Aman Street 94 C, Bacau, ROU, 600164

Website

https://www.evergent.ro

Evergent Investments SA is a Romanian financial investment company. The group has five reporting segments which include financial investment services, manufacture and sale of agricultural machinery, real estate development (apartments, including parking spaces), cultivation of fruit-bearing trees (blueberries), and Others.