PT Mandiri Herindo Adiperkasa Tbk (ISX:MAHA) Gross Margin % : 21.45% (As of Mar. 2024)

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What is PT Mandiri Herindo Adiperkasa Tbk Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. PT Mandiri Herindo Adiperkasa Tbk's Gross Profit for the three months ended in Mar. 2024 was Rp133,560 Mil. PT Mandiri Herindo Adiperkasa Tbk's Revenue for the three months ended in Mar. 2024 was Rp622,679 Mil. Therefore, PT Mandiri Herindo Adiperkasa Tbk's Gross Margin % for the quarter that ended in Mar. 2024 was 21.45%.

The historical rank and industry rank for PT Mandiri Herindo Adiperkasa Tbk's Gross Margin % or its related term are showing as below:

ISX:MAHA' s Gross Margin % Range Over the Past 10 Years
Min: 24.17 Med: 25.32 Max: 25.48
Current: 24.6

During the past 4 years, the highest Gross Margin % of PT Mandiri Herindo Adiperkasa Tbk was 25.48%. The lowest was 24.17%. And the median was 25.32%.

ISX:MAHA's Gross Margin % is ranked better than
61.33% of 949 companies
in the Transportation industry
Industry Median: 19.99 vs ISX:MAHA: 24.60

PT Mandiri Herindo Adiperkasa Tbk had a gross margin of 21.45% for the quarter that ended in Mar. 2024 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for PT Mandiri Herindo Adiperkasa Tbk was 0.00% per year.

PT Mandiri Herindo Adiperkasa Tbk Gross Margin % Historical Data

The historical data trend for PT Mandiri Herindo Adiperkasa 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.

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PT Mandiri Herindo Adiperkasa Tbk Gross Margin % Chart

PT Mandiri Herindo Adiperkasa Tbk Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Gross Margin %

25.42

24.17

25.48

25.21

PT Mandiri Herindo Adiperkasa Tbk Quarterly Data
	Dec20	Dec21	Mar22	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
Gross Margin %	Get a 7-Day Free Trial				32.63	25.80	-	27.99	21.45

Competitive Comparison of PT Mandiri Herindo Adiperkasa Tbk's Gross Margin %

For the Trucking subindustry, PT Mandiri Herindo Adiperkasa 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 Mandiri Herindo Adiperkasa Tbk's Gross Margin % Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, PT Mandiri Herindo Adiperkasa Tbk's Gross Margin % distribution charts can be found below:

* The bar in red indicates where PT Mandiri Herindo Adiperkasa Tbk's Gross Margin % falls into.

PT Mandiri Herindo Adiperkasa Tbk Gross Margin % Calculation

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

PT Mandiri Herindo Adiperkasa 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 )
	=	498550.3	/	1977730.166
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(1977730.166 - 1479179.892)	/	1977730.166
	=	25.21 %

PT Mandiri Herindo Adiperkasa 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 )
	=	133560.1	/	622679.482
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(622679.482 - 489119.414)	/	622679.482
	=	21.45 %

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 Mandiri Herindo Adiperkasa Tbk (ISX:MAHA) 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 Mandiri Herindo Adiperkasa Tbk had a gross margin of 21.45% for the quarter that ended in Mar. 2024 => Competition eroding margins

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 Mandiri Herindo Adiperkasa Tbk Gross Margin % Related Terms

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

PT Mandiri Herindo Adiperkasa Tbk (ISX:MAHA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » PT Mandiri Herindo Adiperkasa Tbk (ISX:MAHA) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Senopati Raya No. 8B, Office 8, Floor 31, SCBD Lot 28, Jakarta, IDN, 12190

Website

https://www.mha.co.id

PT Mandiri Herindo Adiperkasa Tbk is one of the mineral and coal transportation service providers, supported by resources and professional personnel with integrity. Mandiri Services strives to provide safe, efficient, and effective mining services. Its focus is to provide prosperity and energy to the people of Indonesia through consistent and sustainable innovation toward a better future. The company focuses on coal hauling service activities after overburden removal activities are carried out by contractors. The Company also has several types of units in the implementation of coal transportation services, namely single trailers, double trailers and dump trucks with variations in payload capacity and equipment specifications according to the needs of the employer.

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