Formul Plastik Ve Metalnayi AS (IST:FRMPL) Gross Margin %: 26.13% (As of Dec. 2024) — Near Median


IST:FRMPL Formul Plastik Ve Metal Sanayi AS IST:FRMPL
22 GF Score
Price ₺35.00
! 1 Warning Sign
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What is Formul Plastik Ve Metalnayi AS Gross Margin %?

Formul Plastik Ve Metalnayi AS IST:FRMPL -1.63% 22 Gross Margin % is 26.13% as of Dec. 2024, which is 7% below its 10-year median of 28.09. GuruFocus rates IST:FRMPL with a GF Score™ of 22/100. The stock has 1 warning sign investors should review. Among 395 Building Materials companies, Formul Plastik Ve Metalnayi AS ranks worse than 50.38% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Formul Plastik Ve Metalnayi AS's Gross Profit for the six months ended in Dec. 2024 was ₺925 Mil. Formul Plastik Ve Metalnayi AS's Revenue for the six months ended in Dec. 2024 was ₺3,539 Mil. Therefore, Formul Plastik Ve Metalnayi AS's Gross Margin % for the quarter that ended in Dec. 2024 was 26.13%.


The historical rank and industry rank for Formul Plastik Ve Metalnayi AS's Gross Margin % or its related term are showing as below:

IST:FRMPL' s Gross Margin % Range Over the Past 10 Years
Min: 26.13   Med: 28.09   Max: 31.27
Current: 26.13


During the past 3 years, the highest Gross Margin % of Formul Plastik Ve Metalnayi AS was 31.27%. The lowest was 26.13%. And the median was 28.09%.

IST:FRMPL's Gross Margin % is ranked worse than
50.38% of 395 companies
in the Building Materials industry
Industry Median: 26.18 vs IST:FRMPL: 26.13

Formul Plastik Ve Metalnayi AS had a gross margin of 26.13% for the quarter that ended in Dec. 2024 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Formul Plastik Ve Metalnayi AS was 0.00% per year.


Formul Plastik Ve Metalnayi AS  (IST:FRMPL) 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

Formul Plastik Ve Metalnayi AS had a gross margin of 26.13% for the quarter that ended in Dec. 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.


Formul Plastik Ve Metalnayi AS Gross Margin % Related Terms


Formul Plastik Ve Metalnayi AS Gross Margin % Historical Data

* Premium members only.

The historical data trend for Formul Plastik Ve Metalnayi 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.

Formul Plastik Ve Metalnayi AS Gross Margin % Chart

Formul Plastik Ve Metalnayi AS Annual Data
Trend Dec22 Dec23 Dec24
Gross Margin %
28.09 31.27 26.13

Formul Plastik Ve Metalnayi AS Semi-Annual Data
Dec22 Dec23 Dec24
Gross Margin % 28.09 31.27 26.13

IST:FRMPL vs CRH, VMC, MLM: Gross Margin % Comparison

For the Building Materials subindustry, Formul Plastik Ve Metalnayi 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.


Formul Plastik Ve Metalnayi AS Gross Margin % vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, Formul Plastik Ve Metalnayi AS's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Formul Plastik Ve Metalnayi AS's Gross Margin % falls into.


IST:FRMPL
22GF Score
Formul Plastik Ve Metal Sanayi AS IST:FRMPL
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Formul Plastik Ve Metalnayi AS Gross Margin % Calculation

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

Formul Plastik Ve Metalnayi AS's Gross Margin for the fiscal year that ended in Dec. 2024 is calculated as

Gross Margin % (A: Dec. 2024 )=Gross Profit (A: Dec. 2024 ) / Revenue (A: Dec. 2024 )
=924.9 / 3539.18
=(Revenue - Cost of Goods Sold) / Revenue
=(3539.18 - 2614.29) / 3539.18
=26.13 %

Formul Plastik Ve Metalnayi AS's Gross Margin for the quarter that ended in Dec. 2024 is calculated as


Gross Margin % (Q: Dec. 2024 )=Gross Profit (Q: Dec. 2024 ) / Revenue (Q: Dec. 2024 )
=924.9 / 3539.18
=(Revenue - Cost of Goods Sold) / Revenue
=(3539.18 - 2614.29) / 3539.18
=26.13 %

* 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.

Frequently Asked Questions Learn more about Gross Margin % →
What does a Gross Margin % of 26.13% mean?
Formul Plastik Ve Metalnayi AS (IST:FRMPL) has a Gross Margin % of 26.13% as of Dec. 2024. Gross margin is the ratio of total gross profit to net sales. View historical data on Formul Plastik Ve Metalnayi AS and its competitors. This is near median its historical median of 28.09. Over the past decade, Formul Plastik Ve Metalnayi AS's Gross Margin % has ranged from 26.13 to 31.27. According to the industry distribution chart, Formul Plastik Ve Metalnayi AS ranks #199 out of 395 companies in the Building Materials industry, placing it in the top 50.4%.
Is Formul Plastik Ve Metalnayi AS's Gross Margin % too high?
Formul Plastik Ve Metalnayi AS's current Gross Margin % of 26.13% is near median its 10-year median of 28.09. Over the past 10 years, this metric has ranged from a low of 26.13 to a high of 31.27. The Building Materials industry median Gross Margin % is 26.18. Formul Plastik Ve Metalnayi AS's value of 26.13% is 0.2% below this industry median. Based on the distribution chart, Formul Plastik Ve Metalnayi AS ranks #199 out of 395 companies in the Building Materials industry, which is below the industry midpoint. Overall, Formul Plastik Ve Metalnayi AS has a GF Score™ of 22/100, reflecting its overall financial health beyond just this single metric.
How does Formul Plastik Ve Metalnayi AS's Gross Margin % compare to CRH and VMC?
According to the Building Materials industry distribution chart, Formul Plastik Ve Metalnayi AS ranks #199 out of 395 companies for Gross Margin %. This places Formul Plastik Ve Metalnayi AS in the lower half of its industry. The industry median Gross Margin % is 26.18. Formul Plastik Ve Metalnayi AS's value of 26.13% is 0.2% below this benchmark. Historically, Formul Plastik Ve Metalnayi AS's own Gross Margin % has ranged from 26.13 to 31.27 over the past decade. While the company's 10-year median is 28.09 vs. the industry median of 26.18, Formul Plastik Ve Metalnayi AS has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Margin % for a Building Materials company?
The median Gross Margin % among Building Materials companies is 26.18, based on 395 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Formul Plastik Ve Metalnayi AS's current Gross Margin % of 26.13% is 0.2% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on Formul Plastik Ve Metalnayi AS and its competitors. For the Building Materials industry, the median Gross Margin % is 26.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Formul Plastik Ve Metalnayi AS's current Gross Margin % is 26.13%, which is near median its own 10-year median of 28.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Formul Plastik Ve Metalnayi AS stock overvalued right now?
Formul Plastik Ve Metalnayi AS (IST:FRMPL) has a current Gross Margin % of 26.13%. The current Gross Margin % is 26.13%, which is near median its 10-year median of 28.09 and 0.2% below the Building Materials industry median of 26.18. Formul Plastik Ve Metalnayi AS's overall GF Score™ is 22/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For Formul Plastik Ve Metalnayi AS (IST:FRMPL), the current Gross Margin % is 26.13% as of Dec. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Formul Plastik Ve Metalnayi AS Business Description

Address Gurpinar Yolu Caddesi, Cumhuriyet Mahallesi, Kaya Milenyum Is Merkezi K:8 N:5A/144, Buyukcekmece, Istanbul, TUR
Formul Plastik Ve Metal Sanayi AS is engaged in manufacturing PP-R pipes and fittings, PVC pipes and fittings, and PE-RT pipes. It also produces brass inserts and fittings. The company operates under the brand names Formul, Aquapa, Foraqua, Aquaplast, and Aquapipe. Geographically, it serves Africa, CIS countries, Far East, Middle East and South America.
22GF Score

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Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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