PT Elnusa Tbk gross margin has been in long-term decline. The average rate of decline per year is -4.2%.
The historical rank and industry rank for PT Elnusa Tbk's Gross Margin % or its related term are showing as below:
ISX:ELSA'
s Gross Margin % Range Over the Past 10 Years
Min: 7.41 Med: 10.12 Max: 19.04
Current: 9.67
During the past 13 years, the highestGross Margin % of PT Elnusa Tbk was 19.04%. The lowest was 7.41%. And the median was 10.12%.
ISX:ELSA's Gross Margin % is ranked worse than 78.9% of 929
companies
in the Oil & Gas industry
Industry Median: 27.83
vs ISX:ELSA: 9.67
PT Elnusa Tbk had a gross margin of 10.43% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage
The 5-Year average Growth Rate of Gross Margin for PT Elnusa Tbk was -4.20% per year.
PT Elnusa Tbk Gross Margin % Historical Data
The historical data trend for PT Elnusa 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.
Competitive Comparison of PT Elnusa Tbk's Gross Margin %
For the Oil & Gas Equipment & Services subindustry, PT Elnusa 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 Elnusa Tbk's Gross Margin % Distribution in the Oil & Gas Industry
For the Oil & Gas industry and Energy sector, PT Elnusa Tbk's Gross Margin % distribution charts can be found below:
* The bar in red indicates where PT Elnusa Tbk's Gross Margin % falls into.
* 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.
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 Elnusa Tbk had a gross margin of 10.43% for the quarter that ended in Mar. 2024 => 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.
PT Elnusa Tbk Gross Margin % Related Terms
Thank you for viewing the detailed overview of PT Elnusa Tbk's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.
PT Elnusa Tbk is an Indonesian company which provides oil and gas services. The business activities of the group are operated through Upstream oil and gas service, Oil and gas support service, and Energy distribution and logistics services segments. The Upstream oil and gas services segment provides geophysical/seismic data services, oil, and gas drilling service and oilfield services; Oil and gas support services segment provides threading services, threading for oil and gas drilling, data and information on energy and mineral resources management services, oil and gas data management services and others; and Energy distribution and logistics services segment is a key revenue driver that provides storage services, trading, distribution and marketing of oil and gas products in Indonesia.
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