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Plan B Media PCL (BKK:PLANB) Gross Margin % : 32.83% (As of Dec. 2023)


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What is Plan B Media PCL Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Plan B Media PCL's Gross Profit for the three months ended in Dec. 2023 was ฿814 Mil. Plan B Media PCL's Revenue for the three months ended in Dec. 2023 was ฿2,480 Mil. Therefore, Plan B Media PCL's Gross Margin % for the quarter that ended in Dec. 2023 was 32.83%.

Warning Sign:

Plan B Media PCL gross margin has been in long-term decline. The average rate of decline per year is -5%.


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

BKK:PLANB' s Gross Margin % Range Over the Past 10 Years
Min: 14.47   Med: 33.16   Max: 37.4
Current: 29.94


During the past 13 years, the highest Gross Margin % of Plan B Media PCL was 37.40%. The lowest was 14.47%. And the median was 33.16%.

BKK:PLANB's Gross Margin % is ranked worse than
63.8% of 964 companies
in the Media - Diversified industry
Industry Median: 38.44 vs BKK:PLANB: 29.94

Plan B Media PCL had a gross margin of 32.83% for the quarter that ended in Dec. 2023 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Plan B Media PCL was -5.00% per year.


Plan B Media PCL Gross Margin % Historical Data

The historical data trend for Plan B Media 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.

Plan B Media PCL Gross Margin % Chart

Plan B Media PCL 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 34.72 22.26 14.47 27.39 29.94

Plan B Media 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 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 27.65 25.14 29.83 30.56 32.83

Competitive Comparison of Plan B Media PCL's Gross Margin %

For the Advertising Agencies subindustry, Plan B Media 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.


Plan B Media PCL's Gross Margin % Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Plan B Media PCL's Gross Margin % distribution charts can be found below:

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



Plan B Media PCL Gross Margin % Calculation

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

Plan B Media 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 )
=2504.3 / 8364.926
=(Revenue - Cost of Goods Sold) / Revenue
=(8364.926 - 5860.643) / 8364.926
=29.94 %

Plan B Media 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 )
=814 / 2479.796
=(Revenue - Cost of Goods Sold) / Revenue
=(2479.796 - 1665.764) / 2479.796
=32.83 %

* 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.


Plan B Media PCL  (BKK:PLANB) 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

Plan B Media PCL had a gross margin of 32.83% 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.


Plan B Media PCL Gross Margin % Related Terms

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Plan B Media PCL (BKK:PLANB) Business Description

Traded in Other Exchanges
N/A
Address
298/64-65, Pitsanulok Road, Si Yak Mahanak, Dusit, Bangkok, THA
Plan B Media PCL is principally engaged in providing advertising media production, advertising space and airtime rental services. The group have two principal reportable segments, which are Advertising media segment and Engagement marketing segment. Advertising media segment comprising advertising media production, advertising space and airtime rental services. Engagement marketing segment comprising management and development of the BNK48 members and administrate the benefit contracts with Football Association of Thailand. The company operates only in Thailand. The firm derives majority of revenue from Advertising media segment.

Plan B Media PCL (BKK:PLANB) Headlines

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