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PT Cerestar Indonesia Tbk (ISX:TRGU) Gross Margin % : 3.20% (As of Jun. 2024)


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What is PT Cerestar Indonesia Tbk Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. PT Cerestar Indonesia Tbk's Gross Profit for the three months ended in Jun. 2024 was Rp34,204 Mil. PT Cerestar Indonesia Tbk's Revenue for the three months ended in Jun. 2024 was Rp1,069,620 Mil. Therefore, PT Cerestar Indonesia Tbk's Gross Margin % for the quarter that ended in Jun. 2024 was 3.20%.


The historical rank and industry rank for PT Cerestar Indonesia Tbk's Gross Margin % or its related term are showing as below:

ISX:TRGU' s Gross Margin % Range Over the Past 10 Years
Min: 3.1   Med: 7.9   Max: 8.04
Current: 3.1


During the past 4 years, the highest Gross Margin % of PT Cerestar Indonesia Tbk was 8.04%. The lowest was 3.10%. And the median was 7.90%.

ISX:TRGU's Gross Margin % is ranked worse than
94.46% of 1840 companies
in the Consumer Packaged Goods industry
Industry Median: 25.825 vs ISX:TRGU: 3.10

PT Cerestar Indonesia Tbk had a gross margin of 3.20% for the quarter that ended in Jun. 2024 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for PT Cerestar Indonesia Tbk was 0.00% per year.


PT Cerestar Indonesia Tbk Gross Margin % Historical Data

The historical data trend for PT Cerestar Indonesia 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 Cerestar Indonesia Tbk Gross Margin % Chart

PT Cerestar Indonesia Tbk Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Gross Margin %
- 7.90 8.04 3.68

PT Cerestar Indonesia Tbk Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.55 5.56 1.17 3.02 3.20

Competitive Comparison of PT Cerestar Indonesia Tbk's Gross Margin %

For the Packaged Foods subindustry, PT Cerestar Indonesia 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 Cerestar Indonesia Tbk's Gross Margin % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, PT Cerestar Indonesia Tbk's Gross Margin % distribution charts can be found below:

* The bar in red indicates where PT Cerestar Indonesia Tbk's Gross Margin % falls into.



PT Cerestar Indonesia Tbk Gross Margin % Calculation

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

PT Cerestar Indonesia 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 )
=216344.9 / 5874659.886
=(Revenue - Cost of Goods Sold) / Revenue
=(5874659.886 - 5658314.977) / 5874659.886
=3.68 %

PT Cerestar Indonesia Tbk's Gross Margin for the quarter that ended in Jun. 2024 is calculated as


Gross Margin % (Q: Jun. 2024 )=Gross Profit (Q: Jun. 2024 ) / Revenue (Q: Jun. 2024 )
=34203.8 / 1069620.129
=(Revenue - Cost of Goods Sold) / Revenue
=(1069620.129 - 1035416.346) / 1069620.129
=3.20 %

* 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 Cerestar Indonesia Tbk  (ISX:TRGU) 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 Cerestar Indonesia Tbk had a gross margin of 3.20% for the quarter that ended in Jun. 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 Cerestar Indonesia Tbk Gross Margin % Related Terms

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PT Cerestar Indonesia Tbk Business Description

Traded in Other Exchanges
N/A
Address
Jalan M.H. Thamrin Nomor 81, The City Tower 28th Floor, Jakarta Pusat, IDN, 10310
PT Cerestar Indonesia Tbk is engaged in the flour industry and cereal/grain trading through Subsidiaries and management consulting services.

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