MMM Group Bhd (XKLS:0159) Gross Margin % : 44.64% (As of Dec. 2023)

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What is MMM Group Bhd Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. MMM Group Bhd's Gross Profit for the three months ended in Dec. 2023 was RM1.15 Mil. MMM Group Bhd's Revenue for the three months ended in Dec. 2023 was RM2.58 Mil. Therefore, MMM Group Bhd's Gross Margin % for the quarter that ended in Dec. 2023 was 44.64%.

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

XKLS:0159' s Gross Margin % Range Over the Past 10 Years
Min: 16.14 Med: 51.87 Max: 62.15
Current: 48.55

During the past 11 years, the highest Gross Margin % of MMM Group Bhd was 62.15%. The lowest was 16.14%. And the median was 51.87%.

XKLS:0159's Gross Margin % is ranked better than
65.46% of 964 companies
in the Media - Diversified industry
Industry Median: 38.52 vs XKLS:0159: 48.55

MMM Group Bhd had a gross margin of 44.64% for the quarter that ended in Dec. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for MMM Group Bhd was 17.20% per year.

MMM Group Bhd Gross Margin % Historical Data

The historical data trend for MMM Group Bhd'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.

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MMM Group Bhd Gross Margin % Chart

MMM Group Bhd Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Mar22

Mar23

Gross Margin %

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16.14

50.05

21.84

53.68

54.36

MMM Group Bhd Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Gross Margin %	Get a 7-Day Free Trial															39.58	47.49	52.99	51.43	44.64

Competitive Comparison of MMM Group Bhd's Gross Margin %

For the Advertising Agencies subindustry, MMM Group Bhd'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.

MMM Group Bhd's Gross Margin % Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, MMM Group Bhd's Gross Margin % distribution charts can be found below:

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

MMM Group Bhd Gross Margin % Calculation

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

MMM Group Bhd's Gross Margin for the fiscal year that ended in Mar. 2023 is calculated as

Gross Margin % (A: Mar. 2023 )	=	Gross Profit (A: Mar. 2023 )	/	Revenue (A: Mar. 2023 )
	=	6.7	/	12.275
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(12.275 - 5.602)	/	12.275
	=	54.36 %

MMM Group Bhd'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 )
	=	1.2	/	2.583
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(2.583 - 1.43)	/	2.583
	=	44.64 %

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.

MMM Group Bhd (XKLS:0159) 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

MMM Group Bhd had a gross margin of 44.64% 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.

MMM Group Bhd Gross Margin % Related Terms

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

MMM Group Bhd (XKLS:0159) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » MMM Group Bhd (XKLS:0159) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

1B, Jalan Yong Shook Lin, Seksyen 7f, Level 15, Unit 15-2, Menara Choy Fook On, Petaling Jaya, SGR, MYS, 46050

Website

https://www.asiamedia.my

Asia Media Group Bhd operates as an investment holding company, which provides media services. The company involved in the Digital Out-of-Home advertising industry and a wholly-owned subsidiary of Asia Media Group Berhad. The firm focuses on transit media advertising, allowing its clients to target users of public transportation in Malaysia by providing infotainments, advertisements, and contents via its Transit-TV Network System. It operates through the following segments: Investment holding and Multimedia advertising services, media communications. Geographically company generates the majority of its revenue from Malaysia.

MMM Group Bhd (XKLS:0159) Headlines

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