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PT Gajah Tunggal Tbk (FRA:GH8) Gross Margin % : 20.74% (As of Sep. 2024)


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What is PT Gajah Tunggal Tbk Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. PT Gajah Tunggal Tbk's Gross Profit for the three months ended in Sep. 2024 was €60 Mil. PT Gajah Tunggal Tbk's Revenue for the three months ended in Sep. 2024 was €291 Mil. Therefore, PT Gajah Tunggal Tbk's Gross Margin % for the quarter that ended in Sep. 2024 was 20.74%.


The historical rank and industry rank for PT Gajah Tunggal Tbk's Gross Margin % or its related term are showing as below:

FRA:GH8' s Gross Margin % Range Over the Past 10 Years
Min: 13.7   Med: 18.31   Max: 23.44
Current: 22.9


During the past 13 years, the highest Gross Margin % of PT Gajah Tunggal Tbk was 23.44%. The lowest was 13.70%. And the median was 18.31%.

FRA:GH8's Gross Margin % is ranked better than
59.81% of 1279 companies
in the Vehicles & Parts industry
Industry Median: 20.04 vs FRA:GH8: 22.90

PT Gajah Tunggal Tbk had a gross margin of 20.74% for the quarter that ended in Sep. 2024 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for PT Gajah Tunggal Tbk was 1.40% per year.


PT Gajah Tunggal Tbk Gross Margin % Historical Data

The historical data trend for PT Gajah Tunggal Tbk'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.

PT Gajah Tunggal Tbk Gross Margin % Chart

PT Gajah Tunggal Tbk 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 17.55 19.90 13.90 13.70 21.99

PT Gajah Tunggal Tbk Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 23.84 26.22 23.27 21.49 20.74

Competitive Comparison of PT Gajah Tunggal Tbk's Gross Margin %

For the Auto Parts subindustry, PT Gajah Tunggal Tbk'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.


PT Gajah Tunggal Tbk's Gross Margin % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, PT Gajah Tunggal Tbk's Gross Margin % distribution charts can be found below:

* The bar in red indicates where PT Gajah Tunggal Tbk's Gross Margin % falls into.



PT Gajah Tunggal Tbk Gross Margin % Calculation

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

PT Gajah Tunggal Tbk'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 )
=222 / 1009.477
=(Revenue - Cost of Goods Sold) / Revenue
=(1009.477 - 787.452) / 1009.477
=21.99 %

PT Gajah Tunggal Tbk's Gross Margin for the quarter that ended in Sep. 2024 is calculated as


Gross Margin % (Q: Sep. 2024 )=Gross Profit (Q: Sep. 2024 ) / Revenue (Q: Sep. 2024 )
=60.4 / 291.092
=(Revenue - Cost of Goods Sold) / Revenue
=(291.092 - 230.718) / 291.092
=20.74 %

* 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.


PT Gajah Tunggal Tbk  (FRA:GH8) 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

PT Gajah Tunggal Tbk had a gross margin of 20.74% for the quarter that ended in Sep. 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.


PT Gajah Tunggal Tbk Gross Margin % Related Terms

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PT Gajah Tunggal Tbk Business Description

Traded in Other Exchanges
Address
Jalan Hayam Wuruk No. 8, Wisma Hayam Wuruk 10th Floor, Jakarta, IDN, 10120
PT Gajah Tunggal Tbk is a tire manufacturer in Indonesia. Its operating segment consists of the manufacturing of tire, tire cord, synthetic rubber, nylon yarn, and others. The tires are used for passenger and commercial vehicles which include passenger car, truck, bus, motorcycles, and others. Its reportable segments are Manufacturing of tyre (tyre); Manufacturing of tyre cord (tyre cord); Manufacturing of synthetic rubber (synthetic rubber); Manufacturing of nylon yarn (nylon yarn); and Others.

PT Gajah Tunggal Tbk Headlines

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