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MITech Co Ltd
KOSDAQ:179290

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MITech Co Ltd
KOSDAQ:179290
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Price: 7 010 KRW -1.13% Market Closed
Market Cap: ₩226.9B

Gross Margin

56.3%
Current
Improving
by 0.6%
vs 3-y average of 55.8%

Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.

Gross Margin
56.3%
=
Gross Profit
₩35.1B
/
Revenue
₩62.2B

Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.

Gross Margin
56.3%
=
Gross Profit
₩35.1B
/
Revenue
₩62.2B

Peer Comparison

Country Company Market Cap Gross
Margin
KR
MITech Co Ltd
KOSDAQ:179290
226.9B KRW
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US
Abbott Laboratories
NYSE:ABT
202.2B USD
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US
Intuitive Surgical Inc
NASDAQ:ISRG
178.4B USD
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US
Stryker Corp
NYSE:SYK
148B USD
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IE
Medtronic PLC
NYSE:MDT
124.9B USD
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US
Boston Scientific Corp
NYSE:BSX
113.5B USD
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DE
Siemens Healthineers AG
XETRA:SHL
47.8B EUR
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US
IDEXX Laboratories Inc
NASDAQ:IDXX
52.7B USD
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US
Becton Dickinson and Co
NYSE:BDX
50.3B USD
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US
Edwards Lifesciences Corp
NYSE:EW
50.3B USD
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US
GE Healthcare Technologies Inc
NASDAQ:GEHC
38.3B USD
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Market Distribution

Higher than 88% of companies in Korea
Percentile
88th
Based on 2 511 companies
88th percentile
56.3%
Low
-646.5% — 12.8%
Typical Range
12.8% — 32.2%
High
32.2% — 54 001.3%
Distribution Statistics
Korea
Min -646.5%
30th Percentile 12.8%
Median 19.7%
70th Percentile 32.2%
Max 54 001.3%

MITech Co Ltd
Glance View

Market Cap
226.9B KRW
Industry
Health Care

M.I.Tech Co., Ltd. develops and manufactures non-vascular stent system. The company is headquartered in Pyeongtaek, Gyeonggi-Do and currently employs 157 full-time employees. The company went IPO on 2018-11-29. is a Korea-based company mainly engaged in the manufacturing and sale of stents. Stents include biliary, esophagus, pyloric, large intestine, duodenal stents, and stents for sample and study, among others. The Company’s stents are sold under the brand names of CHOOSTENT and HANAROSTENT. In addition, the Company is engaged in the manufacture and sale of low frequency therapies, crushers and blood glucose meters. The firm distributes its products within the domestic market and to overseas markets.

Intrinsic Value
9 540.54 KRW
Undervaluation 27%
Intrinsic Value
Price
M
What is Gross Margin?
Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.
How is Gross Margin calculated?

Gross Margin is calculated by dividing the Gross Profit by the Revenue.

Gross Margin
56.3%
=
Gross Profit
₩35.1B
/
Revenue
₩62.2B
What is MITech Co Ltd's current Gross Margin?

The current Gross Margin for MITech Co Ltd is 56.3%, which is above its 3-year median of 55.8%.

How has Gross Margin changed over time?

Over the last 3 years, MITech Co Ltd’s Gross Margin has increased from 51.7% to 56.3%. During this period, it reached a low of 51.7% on Sep 30, 2022 and a high of 59.9% on Dec 31, 2022.

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