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Fab-Form Industries (TSXV:FBF) Gross Margin % : 33.59% (As of Dec. 2023)


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What is Fab-Form Industries Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Fab-Form Industries's Gross Profit for the three months ended in Dec. 2023 was C$0.34 Mil. Fab-Form Industries's Revenue for the three months ended in Dec. 2023 was C$1.02 Mil. Therefore, Fab-Form Industries's Gross Margin % for the quarter that ended in Dec. 2023 was 33.59%.


The historical rank and industry rank for Fab-Form Industries's Gross Margin % or its related term are showing as below:

TSXV:FBF' s Gross Margin % Range Over the Past 10 Years
Min: 24.27   Med: 31.05   Max: 39.03
Current: 39.03


During the past 13 years, the highest Gross Margin % of Fab-Form Industries was 39.03%. The lowest was 24.27%. And the median was 31.05%.

TSXV:FBF's Gross Margin % is ranked better than
82.31% of 373 companies
in the Building Materials industry
Industry Median: 24.9 vs TSXV:FBF: 39.03

Fab-Form Industries had a gross margin of 33.59% for the quarter that ended in Dec. 2023 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Fab-Form Industries was 5.30% per year.


Fab-Form Industries Gross Margin % Historical Data

The historical data trend for Fab-Form Industries'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.

Fab-Form Industries Gross Margin % Chart

Fab-Form Industries Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 29.47 30.71 31.88 35.44 38.24

Fab-Form Industries Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 37.21 39.46 42.04 38.74 33.59

Competitive Comparison of Fab-Form Industries's Gross Margin %

For the Building Materials subindustry, Fab-Form Industries'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.


Fab-Form Industries's Gross Margin % Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Fab-Form Industries's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Fab-Form Industries's Gross Margin % falls into.



Fab-Form Industries Gross Margin % Calculation

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

Fab-Form Industries's Gross Margin for the fiscal year that ended in Dec. 2022 is calculated as

Gross Margin % (A: Dec. 2022 )=Gross Profit (A: Dec. 2022 ) / Revenue (A: Dec. 2022 )
=2.3 / 6.132
=(Revenue - Cost of Goods Sold) / Revenue
=(6.132 - 3.787) / 6.132
=38.24 %

Fab-Form Industries's Gross Margin for the quarter that ended in Dec. 2023 is calculated as


Gross Margin % (Q: Dec. 2023 )=Gross Profit (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=0.3 / 1.021
=(Revenue - Cost of Goods Sold) / Revenue
=(1.021 - 0.678) / 1.021
=33.59 %

* 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.


Fab-Form Industries  (TSXV:FBF) 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

Fab-Form Industries had a gross margin of 33.59% for the quarter that ended in Dec. 2023 => 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.


Fab-Form Industries Gross Margin % Related Terms

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Fab-Form Industries (TSXV:FBF) Business Description

Traded in Other Exchanges
N/A
Address
1610 Derwent Way, Unit 19, Delta, BC, CAN, V3M 6W1
Fab-Form Industries Ltd is a Canadian based company that develops, manufactures and distributes proprietary technology to form concrete footings, columns, foundations and walls for building structures. The company also distributes Helix micro rebar into the BC market and Nudura insulating concrete form into the Lower Mainland of BC market.
Executives
Nigel Peter Protter Director

Fab-Form Industries (TSXV:FBF) Headlines

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