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GBFBF (Grupo Bafar de CV) Gross Margin % : 31.26% (As of Sep. 2023)


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What is Grupo Bafar de CV Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Grupo Bafar de CV's Gross Profit for the three months ended in Sep. 2023 was $111 Mil. Grupo Bafar de CV's Revenue for the three months ended in Sep. 2023 was $356 Mil. Therefore, Grupo Bafar de CV's Gross Margin % for the quarter that ended in Sep. 2023 was 31.26%.


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

GBFBF' s Gross Margin % Range Over the Past 10 Years
Min: 25.54   Med: 27.52   Max: 29.77
Current: 29.76


During the past 13 years, the highest Gross Margin % of Grupo Bafar de CV was 29.77%. The lowest was 25.54%. And the median was 27.52%.

GBFBF's Gross Margin % is not ranked
in the Consumer Packaged Goods industry.
Industry Median: 25.21 vs GBFBF: 29.76

Grupo Bafar de CV had a gross margin of 31.26% for the quarter that ended in Sep. 2023 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Grupo Bafar de CV was -0.10% per year.


Grupo Bafar de CV Gross Margin % Historical Data

The historical data trend for Grupo Bafar de CV'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.

Grupo Bafar de CV Gross Margin % Chart

Grupo Bafar de CV Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 29.02 29.58 29.67 29.77 27.00

Grupo Bafar de CV Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Mar23 Jun23 Sep23
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 25.69 25.89 28.46 29.56 31.26

Competitive Comparison of Grupo Bafar de CV's Gross Margin %

For the Packaged Foods subindustry, Grupo Bafar de CV'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.


Grupo Bafar de CV's Gross Margin % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Grupo Bafar de CV's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Grupo Bafar de CV's Gross Margin % falls into.



Grupo Bafar de CV Gross Margin % Calculation

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

Grupo Bafar de CV's Gross Margin for the fiscal year that ended in Dec. 2021 is calculated as

Gross Margin % (A: Dec. 2021 )=Gross Profit (A: Dec. 2021 ) / Revenue (A: Dec. 2021 )
=272.4 / 1008.936
=(Revenue - Cost of Goods Sold) / Revenue
=(1008.936 - 736.49) / 1008.936
=27.00 %

Grupo Bafar de CV's Gross Margin for the quarter that ended in Sep. 2023 is calculated as


Gross Margin % (Q: Sep. 2023 )=Gross Profit (Q: Sep. 2023 ) / Revenue (Q: Sep. 2023 )
=111.2 / 355.797
=(Revenue - Cost of Goods Sold) / Revenue
=(355.797 - 244.566) / 355.797
=31.26 %

* 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.


Grupo Bafar de CV  (OTCPK:GBFBF) 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

Grupo Bafar de CV had a gross margin of 31.26% for the quarter that ended in Sep. 2023 => 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.


Grupo Bafar de CV Gross Margin % Related Terms

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Grupo Bafar de CV Business Description

Traded in Other Exchanges
N/A
Address
Km 7.5 Carretera a Cuauthtemoc, Colonia Las Animas, Chihuahua, MEX
Grupo Bafar SAB de CV is engaged in the production, distribution and sale of food products, with a share of domestic and international markets in Mexico. The company's business divisions include consumer products, retail, international, fiber nova, vextor and agroindustrial. Its product list includes Parma, Sabori, Country, Griller's, Campestre Platillos, Montebello, Bafar, Burr, Ponderosa and Guisy.

Grupo Bafar de CV Headlines

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