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Sarkuysan Elektrolitik Bakirnayi AS (IST:SARKY) Gross Margin % : 4.79% (As of Dec. 2023)


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What is Sarkuysan Elektrolitik Bakirnayi AS Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Sarkuysan Elektrolitik Bakirnayi AS's Gross Profit for the six months ended in Dec. 2023 was ₺2,172 Mil. Sarkuysan Elektrolitik Bakirnayi AS's Revenue for the six months ended in Dec. 2023 was ₺45,302 Mil. Therefore, Sarkuysan Elektrolitik Bakirnayi AS's Gross Margin % for the quarter that ended in Dec. 2023 was 4.79%.

Warning Sign:

Sarkuysan Elektrolitik Bakir Sanayi AS gross margin has been in long-term decline. The average rate of decline per year is -4.2%.


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

IST:SARKY' s Gross Margin % Range Over the Past 10 Years
Min: 2.64   Med: 4.63   Max: 6.85
Current: 4.79


During the past 13 years, the highest Gross Margin % of Sarkuysan Elektrolitik Bakirnayi AS was 6.85%. The lowest was 2.64%. And the median was 4.63%.

IST:SARKY's Gross Margin % is ranked worse than
83.14% of 694 companies
in the Metals & Mining industry
Industry Median: 22.105 vs IST:SARKY: 4.79

Sarkuysan Elektrolitik Bakirnayi AS had a gross margin of 4.79% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Sarkuysan Elektrolitik Bakirnayi AS was -4.20% per year.


Sarkuysan Elektrolitik Bakirnayi AS Gross Margin % Historical Data

The historical data trend for Sarkuysan Elektrolitik Bakirnayi 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.

Sarkuysan Elektrolitik Bakirnayi AS Gross Margin % Chart

Sarkuysan Elektrolitik Bakirnayi AS Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.44 6.85 6.34 2.64 4.79

Sarkuysan Elektrolitik Bakirnayi AS Semi-Annual Data
Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
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 4.44 6.85 6.34 2.64 4.79

Competitive Comparison of Sarkuysan Elektrolitik Bakirnayi AS's Gross Margin %

For the Copper subindustry, Sarkuysan Elektrolitik Bakirnayi 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.


Sarkuysan Elektrolitik Bakirnayi AS's Gross Margin % Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Sarkuysan Elektrolitik Bakirnayi AS's Gross Margin % falls into.


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Sarkuysan Elektrolitik Bakirnayi AS Gross Margin % Calculation

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

Sarkuysan Elektrolitik Bakirnayi 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 )
=2171.6 / 45302.004
=(Revenue - Cost of Goods Sold) / Revenue
=(45302.004 - 43130.376) / 45302.004
=4.79 %

Sarkuysan Elektrolitik Bakirnayi AS's Gross Margin for the quarter that ended in Dec. 2023 is calculated as


Gross Margin % (Q: Dec. 2023 )=Gross Profit (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=2171.6 / 45302.004
=(Revenue - Cost of Goods Sold) / Revenue
=(45302.004 - 43130.376) / 45302.004
=4.79 %

* 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.


Sarkuysan Elektrolitik Bakirnayi AS  (IST:SARKY) 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

Sarkuysan Elektrolitik Bakirnayi AS had a gross margin of 4.79% for the quarter that ended in Dec. 2023 => No sustainable 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.


Sarkuysan Elektrolitik Bakirnayi AS Gross Margin % Related Terms

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Sarkuysan Elektrolitik Bakirnayi AS Business Description

Traded in Other Exchanges
N/A
Address
Emek Mahallesi Asiroglu Caddesi No. 147, Kocaeli, Darica, TUR, 41700
Sarkuysan Elektrolitik Bakir Sanayi AS engages in the production and trading of electrolytic copper wire and alloy. It operates through the following segments: Copper, Enameled Copper Wire, CTC Wire, Spools, Machinery, and Other. The company generates maximum revenue from the Copper segment. Its products include a cathode, wire rod, electrolytic tough pitch, and deoxidized high phosphorus with billet, single wire, multi-wire, bunched conductors, flat wire, overhead catenary system wires, copper tube, and busbar, and copper nugget.

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