Sail Mining Group (JSE:SGP) Gross Margin %: -38.89% (As of Aug. 2021)


What is Sail Mining Group Gross Margin %?

Sail Mining Group JSE:SGP Gross Margin % is -38.89% as of Aug. 2021.

Gross Margin % is calculated as gross profit divided by its revenue. Sail Mining Group's Gross Profit for the six months ended in Aug. 2021 was R-154 Mil. Sail Mining Group's Revenue for the six months ended in Aug. 2021 was R395 Mil. Therefore, Sail Mining Group's Gross Margin % for the quarter that ended in Aug. 2021 was -38.89%.


The historical rank and industry rank for Sail Mining Group's Gross Margin % or its related term are showing as below:


JSE:SGP's Gross Margin % is not ranked *
in the Metals & Mining industry.
Industry Median: 26.205
* Ranked among companies with meaningful Gross Margin % only.

Sail Mining Group had a gross margin of -38.89% for the quarter that ended in Aug. 2021 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Sail Mining Group was 0.00% per year.

Sail Mining Group  (JSE:SGP) 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

Sail Mining Group had a gross margin of -38.89% for the quarter that ended in Aug. 2021 => 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.

Sail Mining Group Gross Margin % Related Terms

Sail Mining Group Gross Margin % Historical Data

* Premium members only.

The historical data trend for Sail Mining Group'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.

Sail Mining Group Gross Margin % Chart

Sail Mining Group Annual Data
Trend Feb12 Feb13 Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 8.31 7.42 3.37 -18.90

Sail Mining Group Semi-Annual Data
Feb12 Aug12 Feb13 Aug13 Feb14 Aug14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21
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 0.25 8.69 -10.40 -27.11 -38.89

JSE:SGP vs BHPBF: Gross Margin % Comparison

For the Other Industrial Metals & Mining subindustry, Sail Mining Group'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.

Sail Mining Group Gross Margin % vs Metals & Mining Industry

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

* The bar in red indicates where Sail Mining Group's Gross Margin % falls into.


Sail Mining Group Gross Margin % Calculation

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

Sail Mining Group's Gross Margin for the fiscal year that ended in Feb. 2021 is calculated as

Gross Margin % (A: Feb. 2021 )=Gross Profit (A: Feb. 2021 ) / Revenue (A: Feb. 2021 )
=-268.8 / 1422.779
=(Revenue - Cost of Goods Sold) / Revenue
=(1422.779 - 1691.616) / 1422.779
=-18.90 %

Sail Mining Group's Gross Margin for the quarter that ended in Aug. 2021 is calculated as


Gross Margin % (Q: Aug. 2021 )=Gross Profit (Q: Aug. 2021 ) / Revenue (Q: Aug. 2021 )
=-153.6 / 394.908
=(Revenue - Cost of Goods Sold) / Revenue
=(394.908 - 548.482) / 394.908
=-38.89 %

* 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 -38.89% mean?
Sail Mining Group (JSE:SGP) has a Gross Margin % of -38.89% as of Aug. 2021. Gross margin is the ratio of total gross profit to net sales. View historical data on Sail Mining Group and its competitors.
Is Sail Mining Group's Gross Margin % too high?
Sail Mining Group's current Gross Margin % is -38.89%.
How does Sail Mining Group's Gross Margin % compare to BHPBF?
Sail Mining Group's Gross Margin % of -38.89% can be compared against companies in the Metals & Mining industry. The industry median Gross Margin % is 26.21. 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 Metals & Mining company?
The median Gross Margin % among Metals & Mining companies is 26.21, based on 728 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. 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 Sail Mining Group and its competitors. For the Metals & Mining industry, the median Gross Margin % is 26.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sail Mining Group's current Gross Margin % is -38.89%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sail Mining Group stock overvalued right now?
Sail Mining Group (JSE:SGP) has a current Gross Margin % of -38.89%. The current Gross Margin % is -38.89%. 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 Sail Mining Group (JSE:SGP), the current Gross Margin % is -38.89% as of Aug. 2021. 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.

Sail Mining Group Business Description

Address 4 Peltier Drive, Unit 25 Sunninghill Office Park, Johannesburg, GT, ZAF, 2054
Sail Mining Group Ltd Formerly Chrometco Ltd is a mineral exploration company. It has chrome and mining operations in the North-West Province of South Africa. In addition, Chrometco focuses on the investigation of other chrome and base metal properties for exploration purposes and on researching and investigating business development opportunities. The group holds interest in mining, concentrating and beneficiating various metals and their ores, in particular chrome, platinum, copper, cobalt, nickel and manganese.