The historical rank and industry rank for Eevia Health's Gross Margin % or its related term are showing as below:
XSAT:EEVIA'
s Gross Margin % Range Over the Past 10 Years
Min: 14.42 Med: 32.75 Max: 59.22
Current: 59.22
During the past 4 years, the highestGross Margin % of Eevia Health was 59.22%. The lowest was 14.42%. And the median was 32.75%.
XSAT:EEVIA's Gross Margin % is ranked better than 89.7% of 1806
companies
in the Consumer Packaged Goods industry
Industry Median: 25.285
vs XSAT:EEVIA: 59.22
Eevia Health had a gross margin of 64.61% for the quarter that ended in Mar. 2024 => Durable competitive advantage
The 5-Year average Growth Rate of Gross Margin for Eevia Health was 0.00% per year.
Eevia Health Gross Margin % Historical Data
The historical data trend for Eevia Health'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.
Competitive Comparison of Eevia Health's Gross Margin %
For the Packaged Foods subindustry, Eevia Health'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.
Eevia Health's Gross Margin % Distribution in the Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Eevia Health's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Eevia Health's Gross Margin % falls into.
* 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.
Eevia Health (XSAT:EEVIA) 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
Eevia Health had a gross margin of 64.61% for the quarter that ended in Mar. 2024 => 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.
Eevia Health Gross Margin % Related Terms
Thank you for viewing the detailed overview of Eevia Health's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.
Eevia Health PLC is a manufacturer of health-promoting extracts extracted from berries, mushrooms, and bark from the Nordic forests. Its products include Bilberry Extracts, Chaga Extracts, Pine Bark Extracts, and Lingonberry extracts among others.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
XSAT:EEVIA has been successfully added to your 