GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Daio Paper Corp (FRA:DPR) » Definitions » Gross Margin %

Daio Paper (FRA:DPR) Gross Margin % : 21.13% (As of Dec. 2023)


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

What is Daio Paper Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Daio Paper's Gross Profit for the three months ended in Dec. 2023 was €232 Mil. Daio Paper's Revenue for the three months ended in Dec. 2023 was €1,099 Mil. Therefore, Daio Paper's Gross Margin % for the quarter that ended in Dec. 2023 was 21.13%.

Warning Sign:

Daio Paper Corp gross margin has been in long-term decline. The average rate of decline per year is -2.2%.


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

FRA:DPR' s Gross Margin % Range Over the Past 10 Years
Min: 17.05   Med: 23.81   Max: 28.35
Current: 20.07


During the past 13 years, the highest Gross Margin % of Daio Paper was 28.35%. The lowest was 17.05%. And the median was 23.81%.

FRA:DPR's Gross Margin % is ranked better than
50.53% of 283 companies
in the Forest Products industry
Industry Median: 19.84 vs FRA:DPR: 20.07

Daio Paper had a gross margin of 21.13% for the quarter that ended in Dec. 2023 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Daio Paper was -2.20% per year.


Daio Paper Gross Margin % Historical Data

The historical data trend for Daio Paper'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.

Daio Paper Gross Margin % Chart

Daio Paper Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 21.80 25.68 28.35 26.40 17.05

Daio Paper 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 14.18 16.49 20.36 22.21 21.13

Competitive Comparison of Daio Paper's Gross Margin %

For the Paper & Paper Products subindustry, Daio Paper'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.


Daio Paper's Gross Margin % Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Daio Paper's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Daio Paper's Gross Margin % falls into.



Daio Paper Gross Margin % Calculation

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

Daio Paper's Gross Margin for the fiscal year that ended in Mar. 2023 is calculated as

Gross Margin % (A: Mar. 2023 )=Gross Profit (A: Mar. 2023 ) / Revenue (A: Mar. 2023 )
=770 / 4515.513
=(Revenue - Cost of Goods Sold) / Revenue
=(4515.513 - 3745.473) / 4515.513
=17.05 %

Daio Paper'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 )
=232.2 / 1098.924
=(Revenue - Cost of Goods Sold) / Revenue
=(1098.924 - 866.708) / 1098.924
=21.13 %

* 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.


Daio Paper  (FRA:DPR) 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

Daio Paper had a gross margin of 21.13% 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.


Daio Paper Gross Margin % Related Terms

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


Daio Paper (FRA:DPR) Business Description

Traded in Other Exchanges
Address
10-2, Fujimi 2 chome, Iidabashi Grand Bloom, Chiyoda-ku, Tokyo, JPN, 102-0071
Daio Paper Corp is a Japan-based paper, pulp and paperboard manufacturer. It produces general printing paper for magazines and catalogs, newsprint, office paper, corrugated materials, kraft liner, facial and toilet tissue, paper towels etc. The company's main products Newsprint, coated paper, wood free paper, publication paper, PPC paper, carbonless paper, adhesive printing paper, functional materials, wrapping paper, household paper products like facial tissue, toilet tissue, paper towels, sanitary napkins, disposable diapers, among others, kraft linerboard (containerboard), and various types of pulp.

Daio Paper (FRA:DPR) Headlines

No Headlines