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Plascar Participacoes Industriais (BSP:PLAS3) Gross Margin % : 17.74% (As of Mar. 2024)


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What is Plascar Participacoes Industriais Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Plascar Participacoes Industriais's Gross Profit for the three months ended in Mar. 2024 was R$44.2 Mil. Plascar Participacoes Industriais's Revenue for the three months ended in Mar. 2024 was R$249.2 Mil. Therefore, Plascar Participacoes Industriais's Gross Margin % for the quarter that ended in Mar. 2024 was 17.74%.


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

BSP:PLAS3' s Gross Margin % Range Over the Past 10 Years
Min: -10.1   Med: 7.62   Max: 18.54
Current: 13.92


During the past 13 years, the highest Gross Margin % of Plascar Participacoes Industriais was 18.54%. The lowest was -10.10%. And the median was 7.62%.

BSP:PLAS3's Gross Margin % is ranked worse than
70.56% of 1267 companies
in the Vehicles & Parts industry
Industry Median: 19.68 vs BSP:PLAS3: 13.92

Plascar Participacoes Industriais had a gross margin of 17.74% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Plascar Participacoes Industriais was 0.00% per year.


Plascar Participacoes Industriais Gross Margin % Historical Data

The historical data trend for Plascar Participacoes Industriais'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.

Plascar Participacoes Industriais Gross Margin % Chart

Plascar Participacoes Industriais 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 7.68 -1.27 7.56 14.15 12.22

Plascar Participacoes Industriais Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 11.00 8.71 14.58 14.17 17.74

Competitive Comparison of Plascar Participacoes Industriais's Gross Margin %

For the Auto Parts subindustry, Plascar Participacoes Industriais'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.


Plascar Participacoes Industriais's Gross Margin % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Plascar Participacoes Industriais's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Plascar Participacoes Industriais's Gross Margin % falls into.



Plascar Participacoes Industriais Gross Margin % Calculation

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

Plascar Participacoes Industriais'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 )
=115.8 / 947.129
=(Revenue - Cost of Goods Sold) / Revenue
=(947.129 - 831.355) / 947.129
=12.22 %

Plascar Participacoes Industriais's Gross Margin for the quarter that ended in Mar. 2024 is calculated as


Gross Margin % (Q: Mar. 2024 )=Gross Profit (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=44.2 / 249.208
=(Revenue - Cost of Goods Sold) / Revenue
=(249.208 - 205.002) / 249.208
=17.74 %

* 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.


Plascar Participacoes Industriais  (BSP:PLAS3) 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

Plascar Participacoes Industriais had a gross margin of 17.74% for the quarter that ended in Mar. 2024 => 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.


Plascar Participacoes Industriais Gross Margin % Related Terms

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


Plascar Participacoes Industriais (BSP:PLAS3) Business Description

Traded in Other Exchanges
N/A
Address
Rua Wilhelm Winter, 300 Distrito Industrial, Jundiai, SP, BRA, CEP 13213-000
Plascar Participacoes Industriais SA is engaged in manufacturing and distributing auto parts. The company with its subsidiaries is involved in the manufacturing and sales of pieces and parts related to internal and external finishing of automotive vehicles. In addition, the company is also involved in the manufacturing of non-automotive products, such as supermarket trolleys, multipurpose boxes, ecological pallets, and furniture. The company product portfolio includes products like includes bumpers, instrument panels, air diffusers, cup holders, side doors, door pockets, and carpets.

Plascar Participacoes Industriais (BSP:PLAS3) Headlines

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