GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Ekotechnika AG (XTER:ETE) » Definitions » Gross Margin %

Ekotechnika AG (XTER:ETE) Gross Margin % : 32.78% (As of Sep. 2023)


View and export this data going back to 2021. Start your Free Trial

What is Ekotechnika AG Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Ekotechnika AG's Gross Profit for the six months ended in Sep. 2023 was €28.5 Mil. Ekotechnika AG's Revenue for the six months ended in Sep. 2023 was €87.1 Mil. Therefore, Ekotechnika AG's Gross Margin % for the quarter that ended in Sep. 2023 was 32.78%.


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

XTER:ETE' s Gross Margin % Range Over the Past 10 Years
Min: 17.36   Med: 20.36   Max: 32.17
Current: 32.17


During the past 9 years, the highest Gross Margin % of Ekotechnika AG was 32.17%. The lowest was 17.36%. And the median was 20.36%.

XTER:ETE's Gross Margin % is not ranked
in the Farm & Heavy Construction Machinery industry.
Industry Median: 24.36 vs XTER:ETE: 32.17

Ekotechnika AG had a gross margin of 32.78% for the quarter that ended in Sep. 2023 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Ekotechnika AG was 12.60% per year.


Ekotechnika AG Gross Margin % Historical Data

The historical data trend for Ekotechnika AG'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.

Ekotechnika AG Gross Margin % Chart

Ekotechnika AG Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only 17.36 18.99 17.95 28.88 32.17

Ekotechnika AG Semi-Annual Data
Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 18.09 24.04 32.25 31.57 32.78

Competitive Comparison of Ekotechnika AG's Gross Margin %

For the Farm & Heavy Construction Machinery subindustry, Ekotechnika AG'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.


Ekotechnika AG's Gross Margin % Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Ekotechnika AG's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Ekotechnika AG's Gross Margin % falls into.



Ekotechnika AG Gross Margin % Calculation

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

Ekotechnika AG's Gross Margin for the fiscal year that ended in Sep. 2023 is calculated as

Gross Margin % (A: Sep. 2023 )=Gross Profit (A: Sep. 2023 ) / Revenue (A: Sep. 2023 )
=56.3 / 175.151
=(Revenue - Cost of Goods Sold) / Revenue
=(175.151 - 118.803) / 175.151
=32.17 %

Ekotechnika AG's Gross Margin for the quarter that ended in Sep. 2023 is calculated as


Gross Margin % (Q: Sep. 2023 )=Gross Profit (Q: Sep. 2023 ) / Revenue (Q: Sep. 2023 )
=28.5 / 87.076
=(Revenue - Cost of Goods Sold) / Revenue
=(87.076 - 58.535) / 87.076
=32.78 %

* 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.


Ekotechnika AG  (XTER:ETE) 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

Ekotechnika AG had a gross margin of 32.78% for the quarter that ended in Sep. 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.


Ekotechnika AG Gross Margin % Related Terms

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


Ekotechnika AG (XTER:ETE) Business Description

Traded in Other Exchanges
N/A
Address
Johann-Jakob-Astor-Strasse 49, Walldorf, BW, DEU, 69190
Ekotechnika AG is a dealer of agricultural machinery. The company offers tractors, milking machines, spare parts, customer service and smart farming. Its business segments are classified into new machinery, spare parts, service, and smart farming. Its geographical segments include the Central region, Black earth region, and Siberian region. Majority of its revenue derived from Central region segment.
Executives
Lars Bjarne Buwitt Supervisory Board

Ekotechnika AG (XTER:ETE) Headlines

No Headlines