TVA Group (TSX:TVA.B) Gross Margin % : 25.19% (As of Dec. 2023)

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What is TVA Group Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. TVA Group's Gross Profit for the three months ended in Dec. 2023 was C$38.2 Mil. TVA Group's Revenue for the three months ended in Dec. 2023 was C$151.7 Mil. Therefore, TVA Group's Gross Margin % for the quarter that ended in Dec. 2023 was 25.19%.

Warning Sign:

TVA Group Inc gross margin has been in long-term decline. The average rate of decline per year is -8.6%.

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

TSX:TVA.B' s Gross Margin % Range Over the Past 10 Years
Min: 23.19 Med: 35.37 Max: 38.04
Current: 23.19

During the past 13 years, the highest Gross Margin % of TVA Group was 38.04%. The lowest was 23.19%. And the median was 35.37%.

TSX:TVA.B's Gross Margin % is ranked worse than
74.25% of 963 companies
in the Media - Diversified industry
Industry Median: 38.48 vs TSX:TVA.B: 23.19

TVA Group had a gross margin of 25.19% for the quarter that ended in Dec. 2023 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for TVA Group was -8.60% per year.

TVA Group Gross Margin % Historical Data

The historical data trend for TVA Group'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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TVA Group Gross Margin % Chart

TVA Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Gross Margin %

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38.04

37.07

35.27

28.12

23.19

TVA Group Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Gross Margin %	Get a 7-Day Free Trial															26.45	9.08	21.78	38.49	25.19

Competitive Comparison of TVA Group's Gross Margin %

For the Broadcasting subindustry, TVA Group'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.

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

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

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

TVA Group Gross Margin % Calculation

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

TVA Group'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 )
	=	126.5	/	545.197
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(545.197 - 418.742)	/	545.197
	=	23.19 %

TVA Group'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 )
	=	38.2	/	151.714
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(151.714 - 113.498)	/	151.714
	=	25.19 %

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.

TVA Group (TSX:TVA.B) 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

TVA Group had a gross margin of 25.19% for the quarter that ended in Dec. 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.

TVA Group Gross Margin % Related Terms

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TVA Group (TSX:TVA.B) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » TVA Group Inc (TSX:TVA.B) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

1600 de Maisonneuve Boulevard East, Montreal, QC, CAN, H2L 4P2

Website

https://www.groupetva.ca

TVA Group Inc is a Canada-based communications company engaged in broadcasting, film production and audiovisual services, international production and distribution of television content, and magazine publishing businesses. The Corporation's segments include 1)The Broadcasting segment 2)The Film Production and Audiovisual Services segment 3) The Magazines segment 4) The Production and Distribution segment.

TVA Group (TSX:TVA.B) Headlines

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