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PT Krakatau Steel (Persero) Tbk (ISX:KRAS) Gross Margin % : 7.54% (As of Sep. 2024)


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What is PT Krakatau Steel (Persero) Tbk Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. PT Krakatau Steel (Persero) Tbk's Gross Profit for the three months ended in Sep. 2024 was Rp246,380 Mil. PT Krakatau Steel (Persero) Tbk's Revenue for the three months ended in Sep. 2024 was Rp3,266,148 Mil. Therefore, PT Krakatau Steel (Persero) Tbk's Gross Margin % for the quarter that ended in Sep. 2024 was 7.54%.


The historical rank and industry rank for PT Krakatau Steel (Persero) Tbk's Gross Margin % or its related term are showing as below:

ISX:KRAS' s Gross Margin % Range Over the Past 10 Years
Min: -2.76   Med: 8.88   Max: 15.12
Current: 8.37


During the past 13 years, the highest Gross Margin % of PT Krakatau Steel (Persero) Tbk was 15.12%. The lowest was -2.76%. And the median was 8.88%.

ISX:KRAS's Gross Margin % is ranked worse than
63.7% of 595 companies
in the Steel industry
Industry Median: 11.83 vs ISX:KRAS: 8.37

PT Krakatau Steel (Persero) Tbk had a gross margin of 7.54% for the quarter that ended in Sep. 2024 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for PT Krakatau Steel (Persero) Tbk was 16.80% per year.


PT Krakatau Steel (Persero) Tbk Gross Margin % Historical Data

The historical data trend for PT Krakatau Steel (Persero) Tbk'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.

PT Krakatau Steel (Persero) Tbk Gross Margin % Chart

PT Krakatau Steel (Persero) Tbk 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 1.19 10.25 9.54 9.04 7.77

PT Krakatau Steel (Persero) Tbk Quarterly Data
Dec19 Mar20 Jun20 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 10.31 3.21 8.60 13.29 7.54

Competitive Comparison of PT Krakatau Steel (Persero) Tbk's Gross Margin %

For the Steel subindustry, PT Krakatau Steel (Persero) Tbk'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.


PT Krakatau Steel (Persero) Tbk's Gross Margin % Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, PT Krakatau Steel (Persero) Tbk's Gross Margin % distribution charts can be found below:

* The bar in red indicates where PT Krakatau Steel (Persero) Tbk's Gross Margin % falls into.


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PT Krakatau Steel (Persero) Tbk Gross Margin % Calculation

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

PT Krakatau Steel (Persero) Tbk'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 )
=1751778 / 22558647.568
=(Revenue - Cost of Goods Sold) / Revenue
=(22558647.568 - 20806869.523) / 22558647.568
=7.77 %

PT Krakatau Steel (Persero) Tbk'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 )
=246380.1 / 3266147.595
=(Revenue - Cost of Goods Sold) / Revenue
=(3266147.595 - 3019767.492) / 3266147.595
=7.54 %

* 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.


PT Krakatau Steel (Persero) Tbk  (ISX:KRAS) 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

PT Krakatau Steel (Persero) Tbk had a gross margin of 7.54% for the quarter that ended in Sep. 2024 => 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.


PT Krakatau Steel (Persero) Tbk Gross Margin % Related Terms

Thank you for viewing the detailed overview of PT Krakatau Steel (Persero) Tbk's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


PT Krakatau Steel (Persero) Tbk Business Description

Traded in Other Exchanges
Address
Jl. Asia Raya, Technology Buliding, Plant Site Krakatau Steel, Cilegon, IDN, 42435
PT Krakatau Steel (Persero) Tbk is a steel producer in Indonesia. The company's products include Hot Rolled Coil, Cold Rolled Coil, and Wire Rod. Along with its subsidiaries, the company produces steel products with specific requirements, including Spiral Pipe, Electrical Resistance Welding Pipe, Reinforcing Bars, and Section Steel, particularly for national defense infrastructure in Indonesia. Apart from steel products, it also offers some other services and side products. It operates in five segments: Steel Products; Infrastructure facilities segment; Engineering and Construction; and Other Services. It derives the majority of its revenue from the Steel Products segment.

PT Krakatau Steel (Persero) Tbk Headlines

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