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PanAust (FRA:PB4) Gross Margin % : 50.07% (As of Dec. 2014)


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What is PanAust Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. PanAust's Gross Profit for the six months ended in Dec. 2014 was €156.8 Mil. PanAust's Revenue for the six months ended in Dec. 2014 was €313.2 Mil. Therefore, PanAust's Gross Margin % for the quarter that ended in Dec. 2014 was 50.07%.

Warning Sign:

PanAust Ltd gross margin has been in long term decline. The average rate of decline per year is -4%.


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

FRA:PB4' s Gross Margin % Range Over the Past 10 Years
Min: 55.97   Med: 66.66   Max: 96.3
Current: 55.97


During the past 13 years, the highest Gross Margin % of PanAust was 96.30%. The lowest was 55.97%. And the median was 66.66%.

FRA:PB4's Gross Margin % is not ranked
in the Metals & Mining industry.
Industry Median: 19.17 vs FRA:PB4: 55.97

PanAust had a gross margin of 50.07% for the quarter that ended in Dec. 2014 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for PanAust was -4.00% per year.


PanAust Gross Margin % Historical Data

The historical data trend for PanAust'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.

PanAust Gross Margin % Chart

PanAust Annual Data
Trend Jun04 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 71.98 66.66 64.86 57.76 55.97

PanAust Semi-Annual Data
Dec04 Dec05 Jun06 Dec06 Jun07 Dec07 Jun08 Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14
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 62.76 56.17 58.97 63.64 50.07

Competitive Comparison of PanAust's Gross Margin %

For the Copper subindustry, PanAust'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.


PanAust's Gross Margin % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, PanAust's Gross Margin % distribution charts can be found below:

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



PanAust Gross Margin % Calculation

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

PanAust's Gross Margin for the fiscal year that ended in Dec. 2014 is calculated as

Gross Margin % (A: Dec. 2014 )=Gross Profit (A: Dec. 2014 ) / Revenue (A: Dec. 2014 )
=310.2 / 554.216
=(Revenue - Cost of Goods Sold) / Revenue
=(554.216 - 244.019) / 554.216
=55.97 %

PanAust's Gross Margin for the quarter that ended in Dec. 2014 is calculated as


Gross Margin % (Q: Dec. 2014 )=Gross Profit (Q: Dec. 2014 ) / Revenue (Q: Dec. 2014 )
=156.8 / 313.209
=(Revenue - Cost of Goods Sold) / Revenue
=(313.209 - 156.38) / 313.209
=50.07 %

* 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.


PanAust  (FRA:PB4) 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

PanAust had a gross margin of 50.07% for the quarter that ended in Dec. 2014 => Durable 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.


PanAust Gross Margin % Related Terms

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PanAust (FRA:PB4) Business Description

Traded in Other Exchanges
N/A
Address
PanAust Ltd is a mining and mineral exploration company. It mines and explores for gold and copper assets in Southeast Asia.

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