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Drake & Scull International PJSC (DFM:DSI) Gross Margin % : -3.19% (As of Jun. 2024)


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What is Drake & Scull International PJSC Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Drake & Scull International PJSC's Gross Profit for the three months ended in Jun. 2024 was د.إ-0.65 Mil. Drake & Scull International PJSC's Revenue for the three months ended in Jun. 2024 was د.إ20.33 Mil. Therefore, Drake & Scull International PJSC's Gross Margin % for the quarter that ended in Jun. 2024 was -3.19%.


The historical rank and industry rank for Drake & Scull International PJSC's Gross Margin % or its related term are showing as below:

DFM:DSI' s Gross Margin % Range Over the Past 10 Years
Min: -120.65   Med: 2.62   Max: 12.69
Current: -0.45


During the past 13 years, the highest Gross Margin % of Drake & Scull International PJSC was 12.69%. The lowest was -120.65%. And the median was 2.62%.

DFM:DSI's Gross Margin % is ranked worse than
95.59% of 1654 companies
in the Construction industry
Industry Median: 19.995 vs DFM:DSI: -0.45

Drake & Scull International PJSC had a gross margin of -3.19% for the quarter that ended in Jun. 2024 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Drake & Scull International PJSC was 0.00% per year.


Drake & Scull International PJSC Gross Margin % Historical Data

The historical data trend for Drake & Scull International 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.

* Premium members only.

Drake & Scull International PJSC Gross Margin % Chart

Drake & Scull International 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 1.17 9.54 12.69 9.07 4.06

Drake & Scull International PJSC Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 14.74 11.89 -11.35 4.30 -3.19

Competitive Comparison of Drake & Scull International PJSC's Gross Margin %

For the Engineering & Construction subindustry, Drake & Scull International 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.


Drake & Scull International PJSC's Gross Margin % Distribution in the Construction Industry

For the Construction industry and Industrials sector, Drake & Scull International PJSC's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Drake & Scull International PJSC's Gross Margin % falls into.



Drake & Scull International PJSC Gross Margin % Calculation

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

Drake & Scull International 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 )
=3.8 / 93.843
=(Revenue - Cost of Goods Sold) / Revenue
=(93.843 - 90.031) / 93.843
=4.06 %

Drake & Scull International PJSC's Gross Margin for the quarter that ended in Jun. 2024 is calculated as


Gross Margin % (Q: Jun. 2024 )=Gross Profit (Q: Jun. 2024 ) / Revenue (Q: Jun. 2024 )
=-0.6 / 20.326
=(Revenue - Cost of Goods Sold) / Revenue
=(20.326 - 20.974) / 20.326
=-3.19 %

* 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.


Drake & Scull International PJSC  (DFM:DSI) 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

Drake & Scull International PJSC had a gross margin of -3.19% for the quarter that ended in Jun. 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.


Drake & Scull International PJSC Gross Margin % Related Terms

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Drake & Scull International PJSC Business Description

Traded in Other Exchanges
N/A
Address
International Media Production Zone, P.O. Box 65794, Dubai, ARE
Drake & Scull International PJSC is engaged in carrying out contracting work relating to the construction industry, such as electrical, plumbing, oil and gas, air conditioning and sanitation work in the Middle East, Europe, Asia and North Africa region. The company is organized into business units based on its services and has three reportable business segments, namely, Engineering (Mechanical, Electrical and Plumbing) and Others. The company is geographically distributed in the UAE and Others. The company is presently engaged in carrying out contracting work relating to the construction industry in the United Arab Emirates, Kuwait, Egypt, Germany, Algeria, India, Iraq and Jordan.

Drake & Scull International PJSC Headlines

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