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Pan African Resources (FRA:RTZ) Gross Margin % : 32.52% (As of Jun. 2024)


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What is Pan African Resources Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Pan African Resources's Gross Profit for the six months ended in Jun. 2024 was €54.3 Mil. Pan African Resources's Revenue for the six months ended in Jun. 2024 was €167.1 Mil. Therefore, Pan African Resources's Gross Margin % for the quarter that ended in Jun. 2024 was 32.52%.


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

FRA:RTZ' s Gross Margin % Range Over the Past 10 Years
Min: 13.99   Med: 32.13   Max: 35.15
Current: 35.15


During the past 13 years, the highest Gross Margin % of Pan African Resources was 35.15%. The lowest was 13.99%. And the median was 32.13%.

FRA:RTZ's Gross Margin % is ranked better than
69.32% of 691 companies
in the Metals & Mining industry
Industry Median: 20.38 vs FRA:RTZ: 35.15

Pan African Resources had a gross margin of 32.52% for the quarter that ended in Jun. 2024 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Pan African Resources was 5.80% per year.


Pan African Resources Gross Margin % Historical Data

The historical data trend for Pan African Resources'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.

Pan African Resources Gross Margin % Chart

Pan African Resources Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 34.35 34.70 32.81 31.45 35.14

Pan African Resources Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 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 28.21 29.45 33.37 37.58 32.52

Competitive Comparison of Pan African Resources's Gross Margin %

For the Gold subindustry, Pan African Resources'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.


Pan African Resources's Gross Margin % Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Pan African Resources's Gross Margin % falls into.



Pan African Resources Gross Margin % Calculation

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

Pan African Resources's Gross Margin for the fiscal year that ended in Jun. 2024 is calculated as

Gross Margin % (A: Jun. 2024 )=Gross Profit (A: Jun. 2024 ) / Revenue (A: Jun. 2024 )
=122 / 347.256
=(Revenue - Cost of Goods Sold) / Revenue
=(347.256 - 225.214) / 347.256
=35.14 %

Pan African Resources'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 )
=54.3 / 167.08
=(Revenue - Cost of Goods Sold) / Revenue
=(167.08 - 112.75) / 167.08
=32.52 %

* 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.


Pan African Resources  (FRA:RTZ) 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

Pan African Resources had a gross margin of 32.52% for the quarter that ended in Jun. 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.


Pan African Resources Gross Margin % Related Terms

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Pan African Resources Business Description

Traded in Other Exchanges
Address
Corner Cradock and Biermann Avenues, 2nd Floor, Office 204, The Firs Building, Rosebank, Johannesburg, GT, ZAF, 2196
Pan African Resources PLC is a precious metals producer based in the United Kingdom. It operates metal mines in South Africa and derives revenue principally through the mining, extraction, and sale of gold. The company conducts its business through the operation of mining projects in various parts of South Africa, such as Barberton Mines, Evander Mines, and Elikhulu.

Pan African Resources Headlines

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