Oakbay Resources and Energy (JSE:46926) Gross Margin % : -14.78% (As of Feb. 2017)

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What is Oakbay Resources and Energy Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Oakbay Resources and Energy's Gross Profit for the six months ended in Feb. 2017 was R-32.4 Mil. Oakbay Resources and Energy's Revenue for the six months ended in Feb. 2017 was R219.1 Mil. Therefore, Oakbay Resources and Energy's Gross Margin % for the quarter that ended in Feb. 2017 was -14.78%.

The historical rank and industry rank for Oakbay Resources and Energy's Gross Margin % or its related term are showing as below:

JSE:46926's Gross Margin % is not ranked ^*
in the Metals & Mining industry.
Industry Median: 19.17
* Ranked among companies with meaningful Gross Margin % only.

Oakbay Resources and Energy had a gross margin of -14.78% for the quarter that ended in Feb. 2017 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Oakbay Resources and Energy was 0.00% per year.

Oakbay Resources and Energy Gross Margin % Historical Data

The historical data trend for Oakbay Resources and Energy'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.

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Oakbay Resources and Energy Gross Margin % Chart

Oakbay Resources and Energy Annual Data

Trend

Feb14

Feb15

Feb16

Feb17

Gross Margin %

-42.81

25.38

16.79

10.51

Oakbay Resources and Energy Semi-Annual Data
	Feb14	Aug14	Feb15	Aug15	Feb16	Aug16	Feb17
Gross Margin %	Get a 7-Day Free Trial			47.96	22.56	11.51	33.26	-14.78

Competitive Comparison of Oakbay Resources and Energy's Gross Margin %

For the Other Industrial Metals & Mining subindustry, Oakbay Resources and Energy'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.

Oakbay Resources and Energy's Gross Margin % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Oakbay Resources and Energy's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Oakbay Resources and Energy's Gross Margin % falls into.

Oakbay Resources and Energy Gross Margin % Calculation

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

Oakbay Resources and Energy's Gross Margin for the fiscal year that ended in Feb. 2017 is calculated as

Gross Margin % (A: Feb. 2017 )	=	Gross Profit (A: Feb. 2017 )	/	Revenue (A: Feb. 2017 )
	=	48.6	/	462.622
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(462.622 - 414.022)	/	462.622
	=	10.51 %

Oakbay Resources and Energy's Gross Margin for the quarter that ended in Feb. 2017 is calculated as

Gross Margin % (Q: Feb. 2017 )	=	Gross Profit (Q: Feb. 2017 )	/	Revenue (Q: Feb. 2017 )
	=	-32.4	/	219.112
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(219.112 - 251.503)	/	219.112
	=	-14.78 %

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.

Oakbay Resources and Energy (JSE:46926) 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

Oakbay Resources and Energy had a gross margin of -14.78% for the quarter that ended in Feb. 2017 => 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.

Oakbay Resources and Energy Gross Margin % Related Terms

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Oakbay Resources and Energy (JSE:46926) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Oakbay Resources and Energy Ltd (JSE:46926) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.oakbay.co.za

Oakbay Resources and Energy Ltd mines for energy resources with a focus on uranium development and coal production. The company's Shiva Uranium project inferred uranium resources more than 190 million pounds and indicated and inferred gold resources more than 5 million ounces. It mines for gold deposits as a by-product and offers outsourced contracting to the mining industry. The company's segments consist of Gold Operations, Uranium Development, Central Services and Contract Mining. The majority of its revenues are derived from mining and sale of gold in the Republic of South Africa.

Oakbay Resources and Energy (JSE:46926) Headlines

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