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Attock Cement Pakistan (KAR:ACPL) Gross Margin % : 18.09% (As of Mar. 2024)


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What is Attock Cement Pakistan Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Attock Cement Pakistan's Gross Profit for the three months ended in Mar. 2024 was ₨1,276 Mil. Attock Cement Pakistan's Revenue for the three months ended in Mar. 2024 was ₨7,056 Mil. Therefore, Attock Cement Pakistan's Gross Margin % for the quarter that ended in Mar. 2024 was 18.09%.

Warning Sign:

Attock Cement Pakistan Ltd gross margin has been in long-term decline. The average rate of decline per year is -6.4%.


The historical rank and industry rank for Attock Cement Pakistan's Gross Margin % or its related term are showing as below:

KAR:ACPL' s Gross Margin % Range Over the Past 10 Years
Min: 17.24   Med: 26.35   Max: 40.14
Current: 20.44


During the past 13 years, the highest Gross Margin % of Attock Cement Pakistan was 40.14%. The lowest was 17.24%. And the median was 26.35%.

KAR:ACPL's Gross Margin % is ranked worse than
63.1% of 374 companies
in the Building Materials industry
Industry Median: 25.155 vs KAR:ACPL: 20.44

Attock Cement Pakistan had a gross margin of 18.09% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Attock Cement Pakistan was -6.40% per year.


Attock Cement Pakistan Gross Margin % Historical Data

The historical data trend for Attock Cement Pakistan'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.

Attock Cement Pakistan Gross Margin % Chart

Attock Cement Pakistan Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 22.33 23.66 21.78 17.24 21.79

Attock Cement Pakistan Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 21.43 25.58 17.01 20.74 18.09

Competitive Comparison of Attock Cement Pakistan's Gross Margin %

For the Building Materials subindustry, Attock Cement Pakistan'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.


Attock Cement Pakistan's Gross Margin % Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Attock Cement Pakistan's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Attock Cement Pakistan's Gross Margin % falls into.



Attock Cement Pakistan Gross Margin % Calculation

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

Attock Cement Pakistan's Gross Margin for the fiscal year that ended in Jun. 2023 is calculated as

Gross Margin % (A: Jun. 2023 )=Gross Profit (A: Jun. 2023 ) / Revenue (A: Jun. 2023 )
=5674 / 26036.807
=(Revenue - Cost of Goods Sold) / Revenue
=(26036.807 - 20362.762) / 26036.807
=21.79 %

Attock Cement Pakistan's Gross Margin for the quarter that ended in Mar. 2024 is calculated as


Gross Margin % (Q: Mar. 2024 )=Gross Profit (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=1276.4 / 7055.593
=(Revenue - Cost of Goods Sold) / Revenue
=(7055.593 - 5779.236) / 7055.593
=18.09 %

* 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.


Attock Cement Pakistan  (KAR:ACPL) 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

Attock Cement Pakistan had a gross margin of 18.09% for the quarter that ended in Mar. 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.


Attock Cement Pakistan Gross Margin % Related Terms

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Attock Cement Pakistan (KAR:ACPL) Business Description

Traded in Other Exchanges
N/A
Address
Kehkashan-5, D-70, Block-4, Clifton, Karachi, SD, PAK, 75600
Attock Cement Pakistan Ltd is engaged in the business of producing and marketing of cement. Its product offering includes Falcon Ordinary Portland cement, Falcon Sulphate resistant cement, Falcon Rock Cement, and Falcon Block cement.

Attock Cement Pakistan (KAR:ACPL) Headlines

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