VEEM Ltd
ASX:VEE

Watchlist Manager
VEEM Ltd Logo
VEEM Ltd
ASX:VEE
Watchlist
Price: 0.995 AUD -0.5% Market Closed
Market Cap: 135.1m AUD

Gross Margin
VEEM Ltd

53%
Current
59%
Average
27.5%
Industry

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
53%
=
Gross Profit
40.6m
/
Revenue
76.6m

Gross Margin Across Competitors

VEEM Ltd
Glance View

Market Cap
135.1m AUD
Industry
Machinery

Veem Ltd. engages in the production of propulsion and stabilization systems. The company is headquartered in Canning Vale, Western Australia. The company went IPO on 2016-10-26. The firm is also engaged in manufacturing engineered products and services for the marine, defense and mining industries. The firm operates various businesses, including VEEM Marine, VEEM 24-7 Engineering, Conquest propellers and Timcast Hollowbar. VEEM Marine has marine technology with the commercial facilities. VEEM 24-7 Engineering provides services to aerospace, defense, mining, and oil and gas industries. VEEM Defense is engaged in defense contracts, such as manufacturing and servicing the Oberon class submarine valves through to the propulsion system for the new Pacific patrol boats.

VEE Intrinsic Value
1.272 AUD
Undervaluation 22%
Intrinsic Value
Price
What is Gross Margin?

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
53%
=
Gross Profit
40.6m
/
Revenue
76.6m
What is the Gross Margin of VEEM Ltd?

Based on VEEM Ltd's most recent financial statements, the company has Gross Margin of 53%.

Back to Top