Abu Dhabi Ship Building PJSC (ADX:ADSB) Gross Margin %: 9.87% (As of Dec. 2023)

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ADX:ADSB Abu Dhabi Ship Building PJSC ADX:ADSB
5 GF Score
Price د.إ7.83
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What is Abu Dhabi Ship Building PJSC Gross Margin %?

Abu Dhabi Ship Building PJSC ADX:ADSB -1.01% 5 Gross Margin % is 9.87% as of Dec. 2023. GuruFocus rates ADX:ADSB with a GF Score™ of 5/100.

Gross Margin % is calculated as gross profit divided by its revenue. Abu Dhabi Ship Building PJSC's Gross Profit for the six months ended in Dec. 2023 was د.إ124 Mil. Abu Dhabi Ship Building PJSC's Revenue for the six months ended in Dec. 2023 was د.إ1,258 Mil. Therefore, Abu Dhabi Ship Building PJSC's Gross Margin % for the quarter that ended in Dec. 2023 was 9.87%.


The historical rank and industry rank for Abu Dhabi Ship Building PJSC's Gross Margin % or its related term are showing as below:


ADX:ADSB's Gross Margin % is not ranked *
in the Aerospace & Defense industry.
Industry Median: 26.77
* Ranked among companies with meaningful Gross Margin % only.

Abu Dhabi Ship Building PJSC had a gross margin of 9.87% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Abu Dhabi Ship Building PJSC was 0.00% per year.


Abu Dhabi Ship Building PJSC  (ADX:ADSB) 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

Abu Dhabi Ship Building PJSC had a gross margin of 9.87% for the quarter that ended in Dec. 2023 => 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.


Abu Dhabi Ship Building PJSC Gross Margin % Related Terms


Abu Dhabi Ship Building PJSC Gross Margin % Historical Data

* Premium members only.

The historical data trend for Abu Dhabi Ship Building PJSC'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.

Abu Dhabi Ship Building PJSC Gross Margin % Chart

Abu Dhabi Ship Building PJSC 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 19.27 7.88 11.45 12.02 9.87

Abu Dhabi Ship Building PJSC Semi-Annual Data
Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 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 19.27 7.88 11.45 12.02 9.87

ADX:ADSB vs GE, RTX, BA: Gross Margin % Comparison

For the Aerospace & Defense subindustry, Abu Dhabi Ship Building PJSC'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.


Abu Dhabi Ship Building PJSC Gross Margin % vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Abu Dhabi Ship Building PJSC's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Abu Dhabi Ship Building PJSC's Gross Margin % falls into.


ADX:ADSB
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Abu Dhabi Ship Building PJSC ADX:ADSB
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Abu Dhabi Ship Building PJSC Gross Margin % Calculation

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

Abu Dhabi Ship Building PJSC'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 )
=124.1 / 1257.547
=(Revenue - Cost of Goods Sold) / Revenue
=(1257.547 - 1133.485) / 1257.547
=9.87 %

Abu Dhabi Ship Building PJSC'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 )
=124.1 / 1257.547
=(Revenue - Cost of Goods Sold) / Revenue
=(1257.547 - 1133.485) / 1257.547
=9.87 %

* 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.

Frequently Asked Questions Learn more about Gross Margin % →
What does a Gross Margin % of 9.87% mean?
Abu Dhabi Ship Building PJSC (ADX:ADSB) has a Gross Margin % of 9.87% as of Dec. 2023. Gross margin is the ratio of total gross profit to net sales. View historical data on Abu Dhabi Ship Building PJSC and its competitors.
Is Abu Dhabi Ship Building PJSC's Gross Margin % too high?
Abu Dhabi Ship Building PJSC's current Gross Margin % is 9.87%. The Aerospace & Defense industry median Gross Margin % is 26.77. Abu Dhabi Ship Building PJSC's value of 9.87% is 63.1% below this industry median. Overall, Abu Dhabi Ship Building PJSC has a GF Score™ of 5/100, reflecting its overall financial health beyond just this single metric.
How does Abu Dhabi Ship Building PJSC's Gross Margin % compare to GE and RTX?
Abu Dhabi Ship Building PJSC's Gross Margin % of 9.87% can be compared against companies in the Aerospace & Defense industry. The industry median Gross Margin % is 26.77. Abu Dhabi Ship Building PJSC's value of 9.87% is 63.1% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Margin % for an Aerospace & Defense company?
The median Gross Margin % among Aerospace & Defense companies is 26.77, based on 346 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Abu Dhabi Ship Building PJSC's current Gross Margin % of 9.87% is 63.1% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on Abu Dhabi Ship Building PJSC and its competitors. For the Aerospace & Defense industry, the median Gross Margin % is 26.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Abu Dhabi Ship Building PJSC's current Gross Margin % is 9.87%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Abu Dhabi Ship Building PJSC stock overvalued right now?
Abu Dhabi Ship Building PJSC (ADX:ADSB) has a current Gross Margin % of 9.87%. The current Gross Margin % is 9.87% and 63.1% below the Aerospace & Defense industry median of 26.77. Abu Dhabi Ship Building PJSC's overall GF Score™ is 5/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For Abu Dhabi Ship Building PJSC (ADX:ADSB), the current Gross Margin % is 9.87% as of Dec. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Abu Dhabi Ship Building PJSC Business Description

Address Musafah Industrial Area, P.O. Box 8922, Abu Dhabi, ARE
Abu Dhabi Ship Building PJSC is a shipbuilder and support services contractor locally and internationally. Its operating segments include New Build and Engineering; Small Boats; Military Repairs and Maintenance; Commercial Repairs and Maintenance and Combat System Integration. It generates maximum revenue from the New Build and Engineering services segment. It provides the design, engineering, research and development, construction, commissioning, test and trials, ILS, upgrades, conversions, and consultancy services for military, commercial, and leisure vessels in any construction material.
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Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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