GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » PT Bumi Resources Minerals Tbk (ISX:BRMS) » Definitions » Gross Margin %

PT Bumi Resources Minerals Tbk (ISX:BRMS) Gross Margin % : 43.79% (As of Mar. 2024)


View and export this data going back to 2010. Start your Free Trial

What is PT Bumi Resources Minerals Tbk Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. PT Bumi Resources Minerals Tbk's Gross Profit for the three months ended in Mar. 2024 was Rp137,218 Mil. PT Bumi Resources Minerals Tbk's Revenue for the three months ended in Mar. 2024 was Rp313,345 Mil. Therefore, PT Bumi Resources Minerals Tbk's Gross Margin % for the quarter that ended in Mar. 2024 was 43.79%.


The historical rank and industry rank for PT Bumi Resources Minerals Tbk's Gross Margin % or its related term are showing as below:

ISX:BRMS' s Gross Margin % Range Over the Past 10 Years
Min: 51.54   Med: 58.65   Max: 92.4
Current: 51.54


During the past 13 years, the highest Gross Margin % of PT Bumi Resources Minerals Tbk was 92.40%. The lowest was 51.54%. And the median was 58.65%.

ISX:BRMS's Gross Margin % is ranked better than
85.35% of 703 companies
in the Metals & Mining industry
Industry Median: 19.14 vs ISX:BRMS: 51.54

PT Bumi Resources Minerals Tbk had a gross margin of 43.79% for the quarter that ended in Mar. 2024 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for PT Bumi Resources Minerals Tbk was 0.00% per year.


PT Bumi Resources Minerals Tbk Gross Margin % Historical Data

The historical data trend for PT Bumi Resources Minerals Tbk'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.

PT Bumi Resources Minerals Tbk Gross Margin % Chart

PT Bumi Resources Minerals Tbk 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 92.40 71.91 58.65 56.40 56.30

PT Bumi Resources Minerals Tbk Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 62.62 52.52 51.10 62.72 43.79

Competitive Comparison of PT Bumi Resources Minerals Tbk's Gross Margin %

For the Other Industrial Metals & Mining subindustry, PT Bumi Resources Minerals Tbk'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.


PT Bumi Resources Minerals Tbk's Gross Margin % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, PT Bumi Resources Minerals Tbk's Gross Margin % distribution charts can be found below:

* The bar in red indicates where PT Bumi Resources Minerals Tbk's Gross Margin % falls into.



PT Bumi Resources Minerals Tbk Gross Margin % Calculation

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

PT Bumi Resources Minerals Tbk'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 )
=404777.7 / 718971.075
=(Revenue - Cost of Goods Sold) / Revenue
=(718971.075 - 314193.35) / 718971.075
=56.30 %

PT Bumi Resources Minerals Tbk's Gross Margin for the quarter that ended in Mar. 2024 is calculated as


Gross Margin % (Q: Mar. 2024 )=Gross Profit (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=137217.8 / 313345.471
=(Revenue - Cost of Goods Sold) / Revenue
=(313345.471 - 176127.719) / 313345.471
=43.79 %

* 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.


PT Bumi Resources Minerals Tbk  (ISX:BRMS) 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

PT Bumi Resources Minerals Tbk had a gross margin of 43.79% for the quarter that ended in Mar. 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.


PT Bumi Resources Minerals Tbk Gross Margin % Related Terms

Thank you for viewing the detailed overview of PT Bumi Resources Minerals Tbk's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


PT Bumi Resources Minerals Tbk (ISX:BRMS) Business Description

Traded in Other Exchanges
Address
Jalan H.R. Rasuna Said Kuningan, Bakrie Tower, 6th and 10th Floors, Complex Rasuna Epicentrum, Kuningan, Jakarta, IDN, 12940
PT Bumi Resources Minerals Tbk is an Indonesia-based company primarily engaged in mining. The company's assets include copper, gold, zinc, lead, and other valuable metals. The group classifies its mining business into three core business segments which include Mining and services, investments, and holding companies. The investments segment consists of investment in shares of stock, funding, and financing. The holding company's activities include the setup of joint capital for the development of mines. Its mining and services segment of metal minerals is under exploration and development stages.

PT Bumi Resources Minerals Tbk (ISX:BRMS) Headlines

No Headlines