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National Cement Co PSC (DFM:NCC) Gross Margin % : 3.66% (As of Dec. 2023)


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What is National Cement Co PSC Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. National Cement Co PSC's Gross Profit for the three months ended in Dec. 2023 was د.إ1.9 Mil. National Cement Co PSC's Revenue for the three months ended in Dec. 2023 was د.إ52.9 Mil. Therefore, National Cement Co PSC's Gross Margin % for the quarter that ended in Dec. 2023 was 3.66%.


The historical rank and industry rank for National Cement Co PSC's Gross Margin % or its related term are showing as below:

DFM:NCC' s Gross Margin % Range Over the Past 10 Years
Min: -17.82   Med: 0.09   Max: 15.99
Current: -0.99


During the past 13 years, the highest Gross Margin % of National Cement Co PSC was 15.99%. The lowest was -17.82%. And the median was 0.09%.

DFM:NCC's Gross Margin % is ranked worse than
97.31% of 372 companies
in the Building Materials industry
Industry Median: 24.765 vs DFM:NCC: -0.99

National Cement Co PSC had a gross margin of 3.66% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for National Cement Co PSC was 0.00% per year.


National Cement Co PSC Gross Margin % Historical Data

The historical data trend for National Cement Co PSC'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.

National Cement Co PSC Gross Margin % Chart

National Cement Co PSC 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 -6.14 -15.00 -17.82 -16.16 -0.99

National Cement Co PSC 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 2.66 -15.52 3.14 2.88 3.66

Competitive Comparison of National Cement Co PSC's Gross Margin %

For the Building Materials subindustry, National Cement Co PSC'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.


National Cement Co PSC's Gross Margin % Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, National Cement Co PSC's Gross Margin % distribution charts can be found below:

* The bar in red indicates where National Cement Co PSC's Gross Margin % falls into.



National Cement Co PSC Gross Margin % Calculation

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

National Cement Co PSC'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 )
=-1.9 / 187.922
=(Revenue - Cost of Goods Sold) / Revenue
=(187.922 - 189.787) / 187.922
=-0.99 %

National Cement Co PSC'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 )
=1.9 / 52.915
=(Revenue - Cost of Goods Sold) / Revenue
=(52.915 - 50.978) / 52.915
=3.66 %

* 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.


National Cement Co PSC  (DFM:NCC) 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

National Cement Co PSC had a gross margin of 3.66% 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.


National Cement Co PSC Gross Margin % Related Terms

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National Cement Co PSC (DFM:NCC) Business Description

Traded in Other Exchanges
N/A
Address
Sheikh Zayed Road, P.O. Box 4041, Al-Quoz Industrial Area, Dubai, ARE
National Cement Co PSC is a UAE-based company which manufactures cement and gypsum products. Its product portfolio includes Ordinary Portland Cement, High Sulphate Resisting Portland Cement, Moderate Sulphate Resisting Portland Cement, Portland Blast Furnace Cement, High Slag Portland Blast Cement and White Aggregates. The company serves the UAE and GCC markets with its array of branded cement products. It is involved in manufacturing and supply of Cement and clinker in the United Arab Emirates and the region.

National Cement Co PSC (DFM:NCC) Headlines

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