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Perpetual Energy (FRA:AGG) Gross Margin % : 20.47% (As of Mar. 2024)


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What is Perpetual Energy Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Perpetual Energy's Gross Profit for the three months ended in Mar. 2024 was €1.24 Mil. Perpetual Energy's Revenue for the three months ended in Mar. 2024 was €6.04 Mil. Therefore, Perpetual Energy's Gross Margin % for the quarter that ended in Mar. 2024 was 20.47%.


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

FRA:AGG' s Gross Margin % Range Over the Past 10 Years
Min: -11.82   Med: 31.23   Max: 54.79
Current: 19.45


During the past 13 years, the highest Gross Margin % of Perpetual Energy was 54.79%. The lowest was -11.82%. And the median was 31.23%.

FRA:AGG's Gross Margin % is ranked worse than
60.88% of 928 companies
in the Oil & Gas industry
Industry Median: 27.875 vs FRA:AGG: 19.45

Perpetual Energy had a gross margin of 20.47% for the quarter that ended in Mar. 2024 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Perpetual Energy was 0.00% per year.


Perpetual Energy Gross Margin % Historical Data

The historical data trend for Perpetual Energy'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.

Perpetual Energy Gross Margin % Chart

Perpetual Energy 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 19.19 -11.82 39.87 49.72 21.13

Perpetual Energy 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 25.93 20.22 28.59 5.32 20.47

Competitive Comparison of Perpetual Energy's Gross Margin %

For the Oil & Gas E&P subindustry, Perpetual Energy'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.


Perpetual Energy's Gross Margin % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Perpetual Energy's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Perpetual Energy's Gross Margin % falls into.



Perpetual Energy Gross Margin % Calculation

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

Perpetual Energy'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 )
=9.1 / 43.215
=(Revenue - Cost of Goods Sold) / Revenue
=(43.215 - 34.083) / 43.215
=21.13 %

Perpetual Energy'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 )
=1.2 / 6.042
=(Revenue - Cost of Goods Sold) / Revenue
=(6.042 - 4.805) / 6.042
=20.47 %

* 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.


Perpetual Energy  (FRA:AGG) 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

Perpetual Energy had a gross margin of 20.47% for the quarter that ended in Mar. 2024 => 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.


Perpetual Energy Gross Margin % Related Terms

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


Perpetual Energy (FRA:AGG) Business Description

Traded in Other Exchanges
Address
605 - 5th Avenue South west, Suite 3200, Calgary, AB, CAN, T2P 3H5
Perpetual Energy Inc is an oil and natural gas exploration, production, and marketing company, It owns a diversified asset portfolio, including liquids-rich conventional natural gas assets in the deep basin of West Central Alberta, heavy crude oil and shallow conventional natural gas in Eastern Alberta, and undeveloped bitumen leases in Northern Alberta. The company derives key revenue from the sale of oil and natural gas.

Perpetual Energy (FRA:AGG) Headlines

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