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JMACS Japan Co (TSE:5817) Gross Margin % : 14.17% (As of Nov. 2023)


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What is JMACS Japan Co Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. JMACS Japan Co's Gross Profit for the three months ended in Nov. 2023 was 円215 Mil. JMACS Japan Co's Revenue for the three months ended in Nov. 2023 was 円1,519 Mil. Therefore, JMACS Japan Co's Gross Margin % for the quarter that ended in Nov. 2023 was 14.17%.


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

TSE:5817' s Gross Margin % Range Over the Past 10 Years
Min: 19.51   Med: 23.34   Max: 24.64
Current: 21.62


During the past 13 years, the highest Gross Margin % of JMACS Japan Co was 24.64%. The lowest was 19.51%. And the median was 23.34%.

TSE:5817's Gross Margin % is ranked worse than
56.19% of 2438 companies
in the Hardware industry
Industry Median: 24.395 vs TSE:5817: 21.62

JMACS Japan Co had a gross margin of 14.17% for the quarter that ended in Nov. 2023 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for JMACS Japan Co was 0.90% per year.


JMACS Japan Co Gross Margin % Historical Data

The historical data trend for JMACS Japan Co'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.

JMACS Japan Co Gross Margin % Chart

JMACS Japan Co Annual Data
Trend Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 20.57 24.11 23.97 24.64 22.82

JMACS Japan Co Quarterly Data
Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23
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 16.62 26.77 24.73 22.77 14.17

Competitive Comparison of JMACS Japan Co's Gross Margin %

For the Communication Equipment subindustry, JMACS Japan Co'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.


JMACS Japan Co's Gross Margin % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, JMACS Japan Co's Gross Margin % distribution charts can be found below:

* The bar in red indicates where JMACS Japan Co's Gross Margin % falls into.



JMACS Japan Co Gross Margin % Calculation

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

JMACS Japan Co's Gross Margin for the fiscal year that ended in Feb. 2023 is calculated as

Gross Margin % (A: Feb. 2023 )=Gross Profit (A: Feb. 2023 ) / Revenue (A: Feb. 2023 )
=1155 / 5061.242
=(Revenue - Cost of Goods Sold) / Revenue
=(5061.242 - 3906.212) / 5061.242
=22.82 %

JMACS Japan Co's Gross Margin for the quarter that ended in Nov. 2023 is calculated as


Gross Margin % (Q: Nov. 2023 )=Gross Profit (Q: Nov. 2023 ) / Revenue (Q: Nov. 2023 )
=215.1 / 1518.509
=(Revenue - Cost of Goods Sold) / Revenue
=(1518.509 - 1303.406) / 1518.509
=14.17 %

* 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.


JMACS Japan Co  (TSE:5817) 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

JMACS Japan Co had a gross margin of 14.17% for the quarter that ended in Nov. 2023 => 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.


JMACS Japan Co Gross Margin % Related Terms

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JMACS Japan Co (TSE:5817) Business Description

Traded in Other Exchanges
N/A
Address
Fukushima 7 - chome, 11th floor of KM Nishi Umeda Building, Fukushima-ku, Osaka, JPN, 553-0003
JMACS Japan Co is engaged in the manufacture and sales of industrial products, entrusted development of automation and labor saving systems, instrumentation cable, control cable, communication cable, optical fiber cable, and production and sale of processed harness products.

JMACS Japan Co (TSE:5817) Headlines

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