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Frigo Pak Gida Maddelerin Ve Ticaret AS (IST:FRIGO) Gross Margin % : 23.73% (As of Sep. 2024)


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What is Frigo Pak Gida Maddelerin Ve Ticaret AS Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Frigo Pak Gida Maddelerin Ve Ticaret AS's Gross Profit for the three months ended in Sep. 2024 was ₺50.1 Mil. Frigo Pak Gida Maddelerin Ve Ticaret AS's Revenue for the three months ended in Sep. 2024 was ₺211.1 Mil. Therefore, Frigo Pak Gida Maddelerin Ve Ticaret AS's Gross Margin % for the quarter that ended in Sep. 2024 was 23.73%.


The historical rank and industry rank for Frigo Pak Gida Maddelerin Ve Ticaret AS's Gross Margin % or its related term are showing as below:

IST:FRIGO' s Gross Margin % Range Over the Past 10 Years
Min: 6.5   Med: 11.92   Max: 35.61
Current: 34.25


During the past 11 years, the highest Gross Margin % of Frigo Pak Gida Maddelerin Ve Ticaret AS was 35.61%. The lowest was 6.50%. And the median was 11.92%.

IST:FRIGO's Gross Margin % is ranked better than
66.3% of 1843 companies
in the Consumer Packaged Goods industry
Industry Median: 25.81 vs IST:FRIGO: 34.25

Frigo Pak Gida Maddelerin Ve Ticaret AS had a gross margin of 23.73% for the quarter that ended in Sep. 2024 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Frigo Pak Gida Maddelerin Ve Ticaret AS was 26.70% per year.


Frigo Pak Gida Maddelerin Ve Ticaret AS Gross Margin % Historical Data

The historical data trend for Frigo Pak Gida Maddelerin Ve Ticaret AS'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.

Frigo Pak Gida Maddelerin Ve Ticaret AS Gross Margin % Chart

Frigo Pak Gida Maddelerin Ve Ticaret AS Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.51 32.70 35.61 34.64 31.19

Frigo Pak Gida Maddelerin Ve Ticaret AS Quarterly Data
Jun17 Sep17 Mar18 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 54.48 -4.68 42.81 23.48 23.73

Competitive Comparison of Frigo Pak Gida Maddelerin Ve Ticaret AS's Gross Margin %

For the Packaged Foods subindustry, Frigo Pak Gida Maddelerin Ve Ticaret AS'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.


Frigo Pak Gida Maddelerin Ve Ticaret AS's Gross Margin % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Frigo Pak Gida Maddelerin Ve Ticaret AS's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Frigo Pak Gida Maddelerin Ve Ticaret AS's Gross Margin % falls into.


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Frigo Pak Gida Maddelerin Ve Ticaret AS Gross Margin % Calculation

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

Frigo Pak Gida Maddelerin Ve Ticaret AS'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 )
=235.4 / 754.884
=(Revenue - Cost of Goods Sold) / Revenue
=(754.884 - 519.472) / 754.884
=31.19 %

Frigo Pak Gida Maddelerin Ve Ticaret AS'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 )
=50.1 / 211.086
=(Revenue - Cost of Goods Sold) / Revenue
=(211.086 - 161.004) / 211.086
=23.73 %

* 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.


Frigo Pak Gida Maddelerin Ve Ticaret AS  (IST:FRIGO) 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

Frigo Pak Gida Maddelerin Ve Ticaret AS had a gross margin of 23.73% 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.


Frigo Pak Gida Maddelerin Ve Ticaret AS Gross Margin % Related Terms

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Frigo Pak Gida Maddelerin Ve Ticaret AS Business Description

Traded in Other Exchanges
N/A
Address
Levent Mah. Comert Street, Yap? Kredi Plaza Site B Block No: 1B, Interior Door No: 23, Besiktas, Istanbul, TUR, 34330
Frigo Pak Gida Maddeleri San Ve Ticaret AS is a food producer and exporter. The company manufactures gas and non-carbonated beverages, fruit juice, canned, frozen food as well as puree and sauces. It exports its products to more than 10 countries. The company products include sunpride, sunpride organic, strawberry canned, Erik canned food, mexican beans, and sour cherry.

Frigo Pak Gida Maddelerin Ve Ticaret AS Headlines

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