Forth PCL (BKK:FORTH-R) Gross Margin % : 25.43% (As of Dec. 2023)

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What is Forth PCL Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Forth PCL's Gross Profit for the three months ended in Dec. 2023 was ฿488 Mil. Forth PCL's Revenue for the three months ended in Dec. 2023 was ฿1,919 Mil. Therefore, Forth PCL's Gross Margin % for the quarter that ended in Dec. 2023 was 25.43%.

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

BKK:FORTH-R' s Gross Margin % Range Over the Past 10 Years
Min: 22.04 Med: 23.67 Max: 30.26
Current: 23.76

During the past 13 years, the highest Gross Margin % of Forth PCL was 30.26%. The lowest was 22.04%. And the median was 23.67%.

BKK:FORTH-R's Gross Margin % is ranked worse than
51.17% of 2439 companies
in the Hardware industry
Industry Median: 24.37 vs BKK:FORTH-R: 23.76

Forth PCL had a gross margin of 25.43% for the quarter that ended in Dec. 2023 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Forth PCL was 0.90% per year.

Forth PCL Gross Margin % Historical Data

The historical data trend for Forth PCL'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.

Forth PCL Gross Margin % Chart

Forth PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Gross Margin %

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23.58

22.54

22.04

24.28

23.76

Forth PCL 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															23.05	23.17	23.75	23.06	25.43

Competitive Comparison of Forth PCL's Gross Margin %

For the Electronic Components subindustry, Forth PCL'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.

Forth PCL's Gross Margin % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Forth PCL's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Forth PCL's Gross Margin % falls into.

Forth PCL Gross Margin % Calculation

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

Forth PCL'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 )
	=	2255.5	/	9491.547
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(9491.547 - 7236.051)	/	9491.547
	=	23.76 %

Forth PCL'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 )
	=	488	/	1919.249
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(1919.249 - 1431.203)	/	1919.249
	=	25.43 %

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.

Forth PCL (BKK:FORTH-R) 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

Forth PCL had a gross margin of 25.43% 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.

Forth PCL Gross Margin % Related Terms

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Forth PCL (BKK:FORTH-R) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Forth Corp PCL (BKK:FORTH-R) » Definitions » Gross Margin %

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FORTH:Thailand

Address

1053/1, Phaholyothin Road, Phayathai Sub-district, Phayathai District, Bangkok, THA, 10400

Website

https://www.forth.co.th

Forth Corp PCL is engaged in the manufacture and distribution of electronic equipment and project work relating to design and install telecommunication equipment. The company is organized into business units based on its products and services and have three reportable segments as follows - Electronics Manufacturing Service segment designs manufactures of consigns and turnkey projects, and sales of semiconductor electronic parts. Enterprise solutions business segment that bids for project work, sources, subcontracts and install various systems for the government and private sectors. The Smart service business segment provides online financial transaction services and sells products and services through vending machines. The company and its subsidiaries are operated in Thailand only.

Forth PCL (BKK:FORTH-R) Headlines

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