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Photon Energy NV (XPRA:PEN) Gross Margin % : 61.42% (As of Sep. 2024)


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What is Photon Energy NV Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Photon Energy NV's Gross Profit for the three months ended in Sep. 2024 was Kč352 Mil. Photon Energy NV's Revenue for the three months ended in Sep. 2024 was Kč573 Mil. Therefore, Photon Energy NV's Gross Margin % for the quarter that ended in Sep. 2024 was 61.42%.

Warning Sign:

Photon Energy NV gross margin has been in long-term decline. The average rate of decline per year is -8.1%.


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

XPRA:PEN' s Gross Margin % Range Over the Past 10 Years
Min: 45.51   Med: 69.75   Max: 88.13
Current: 54.44


During the past 13 years, the highest Gross Margin % of Photon Energy NV was 88.13%. The lowest was 45.51%. And the median was 69.75%.

XPRA:PEN's Gross Margin % is ranked better than
88.61% of 983 companies
in the Semiconductors industry
Industry Median: 28.33 vs XPRA:PEN: 54.44

Photon Energy NV had a gross margin of 61.42% for the quarter that ended in Sep. 2024 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Photon Energy NV was -8.10% per year.


Photon Energy NV Gross Margin % Historical Data

The historical data trend for Photon Energy NV'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.

Photon Energy NV Gross Margin % Chart

Photon Energy NV Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 64.66 80.48 62.56 51.76 45.51

Photon Energy NV Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 58.54 31.97 51.74 60.22 61.42

Competitive Comparison of Photon Energy NV's Gross Margin %

For the Solar subindustry, Photon Energy NV'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.


Photon Energy NV's Gross Margin % Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Photon Energy NV's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Photon Energy NV's Gross Margin % falls into.



Photon Energy NV Gross Margin % Calculation

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

Photon Energy NV'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 )
=786.9 / 1729.064
=(Revenue - Cost of Goods Sold) / Revenue
=(1729.064 - 942.2) / 1729.064
=45.51 %

Photon Energy NV's Gross Margin for the quarter that ended in Sep. 2024 is calculated as


Gross Margin % (Q: Sep. 2024 )=Gross Profit (Q: Sep. 2024 ) / Revenue (Q: Sep. 2024 )
=352 / 573.161
=(Revenue - Cost of Goods Sold) / Revenue
=(573.161 - 221.118) / 573.161
=61.42 %

* 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.


Photon Energy NV  (XPRA:PEN) 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

Photon Energy NV had a gross margin of 61.42% for the quarter that ended in Sep. 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.


Photon Energy NV Gross Margin % Related Terms

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


Photon Energy NV Business Description

Traded in Other Exchanges
Address
Barbara Strozzilaan 201, Amsterdam, NLD, 1083HN
Photon Energy NV is an investment holding company. It engages in the provision of solar power solutions and services. The company covers the entire life cycle of solar power systems. It operates through the following business segments: Engineering, Technology, Investment, Operations & Maintenance, New Energy, and Others. It generates the majority of its revenue from the New Energy segment. It has operations in the Czech Republic, Hungary, Poland, Australia, Romania, Slovak Republic, and Germany. The firm generates the majority of revenue from the Czech Republic.