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Canam Group (Canam Group) Gross Margin % : 9.22% (As of Mar. 2017)


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What is Canam Group Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Canam Group's Gross Profit for the three months ended in Mar. 2017 was $32 Mil. Canam Group's Revenue for the three months ended in Mar. 2017 was $346 Mil. Therefore, Canam Group's Gross Margin % for the quarter that ended in Mar. 2017 was 9.22%.


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


CNMGF's Gross Margin % is not ranked *
in the Steel industry.
Industry Median: 13.01
* Ranked among companies with meaningful Gross Margin % only.

Canam Group had a gross margin of 9.22% for the quarter that ended in Mar. 2017 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Canam Group was 0.00% per year.


Canam Group Gross Margin % Historical Data

The historical data trend for Canam 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.

* Premium members only.

Canam Group Gross Margin % Chart

Canam Group Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.18 16.42 14.27 14.30 7.94

Canam Group Quarterly Data
Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17
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 12.07 -0.80 11.98 7.90 9.22

Competitive Comparison of Canam Group's Gross Margin %

For the Steel subindustry, Canam 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.


Canam Group's Gross Margin % Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Canam Group's Gross Margin % distribution charts can be found below:

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



Canam Group Gross Margin % Calculation

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

Canam Group's Gross Margin for the fiscal year that ended in Dec. 2016 is calculated as

Gross Margin % (A: Dec. 2016 )=Gross Profit (A: Dec. 2016 ) / Revenue (A: Dec. 2016 )
=110.6 / 1392.052
=(Revenue - Cost of Goods Sold) / Revenue
=(1392.052 - 1281.477) / 1392.052
=7.94 %

Canam Group's Gross Margin for the quarter that ended in Mar. 2017 is calculated as


Gross Margin % (Q: Mar. 2017 )=Gross Profit (Q: Mar. 2017 ) / Revenue (Q: Mar. 2017 )
=31.9 / 346.195
=(Revenue - Cost of Goods Sold) / Revenue
=(346.195 - 314.281) / 346.195
=9.22 %

* 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.


Canam Group  (OTCPK:CNMGF) 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

Canam Group had a gross margin of 9.22% for the quarter that ended in Mar. 2017 => No sustainable 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.


Canam Group Gross Margin % Related Terms

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Canam Group (Canam Group) Business Description

Traded in Other Exchanges
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Address
Canam Group Inc is a fabricator of steel components for the construction industry in North America. It provides designing construction solutions and fabricating customized products for the construction of buildings, structural steel, and bridges. It provides services from preconstruction phase to project management, including the erection of structural steel components. The company earns revenue from the sale of steel components for commercial, industrial, institutional and multi-residential, industrial, commercial and institutional and infrastructure projects.

Canam Group (Canam Group) Headlines

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