Cherkizovo Group PJSC (MIC:GCHE) Gross Margin %: 32.62% (As of Dec. 2023)

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MIC:GCHE Cherkizovo Group PJSC MIC:GCHE
17 GF Score
Price ₽2,960.00
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What is Cherkizovo Group PJSC Gross Margin %?

Cherkizovo Group PJSC MIC:GCHE -0.84% 17 Gross Margin % is 32.62% as of Dec. 2023. GuruFocus rates MIC:GCHE with a GF Score™ of 17/100.

Gross Margin % is calculated as gross profit divided by its revenue. Cherkizovo Group PJSC's Gross Profit for the six months ended in Dec. 2023 was ₽40,419 Mil. Cherkizovo Group PJSC's Revenue for the six months ended in Dec. 2023 was ₽123,899 Mil. Therefore, Cherkizovo Group PJSC's Gross Margin % for the quarter that ended in Dec. 2023 was 32.62%.


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


MIC:GCHE's Gross Margin % is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 26.36
* Ranked among companies with meaningful Gross Margin % only.

Cherkizovo Group PJSC had a gross margin of 32.62% for the quarter that ended in Dec. 2023 => Competition eroding margins

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


Cherkizovo Group PJSC  (MIC:GCHE) 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

Cherkizovo Group PJSC had a gross margin of 32.62% for the quarter that ended in Dec. 2023 => Competition eroding margins


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.


Cherkizovo Group PJSC Gross Margin % Related Terms


Cherkizovo Group PJSC Gross Margin % Historical Data

* Premium members only.

The historical data trend for Cherkizovo Group PJSC'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.

Cherkizovo Group PJSC Gross Margin % Chart

Cherkizovo Group PJSC 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 21.97 27.22 25.20 22.82 32.35

Cherkizovo Group PJSC Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 18.85 21.54 24.01 32.03 32.62

MIC:GCHE vs KHC, GIS, K: Gross Margin % Comparison

For the Packaged Foods subindustry, Cherkizovo Group PJSC'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.


Cherkizovo Group PJSC Gross Margin % vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Cherkizovo Group PJSC's Gross Margin % distribution charts can be found below:

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


MIC:GCHE
17GF Score
Cherkizovo Group PJSC MIC:GCHE
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Cherkizovo Group PJSC Gross Margin % Calculation

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

Cherkizovo Group PJSC'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 )
=73350 / 226713
=(Revenue - Cost of Goods Sold) / Revenue
=(226713 - 153363) / 226713
=32.35 %

Cherkizovo Group PJSC's Gross Margin for the quarter that ended in Dec. 2023 is calculated as


Gross Margin % (Q: Dec. 2023 )=Gross Profit (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=40419 / 123899
=(Revenue - Cost of Goods Sold) / Revenue
=(123899 - 83480) / 123899
=32.62 %

* 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 32.62% mean?
Cherkizovo Group PJSC (MIC:GCHE) has a Gross Margin % of 32.62% as of Dec. 2023. Gross margin is the ratio of total gross profit to net sales. View historical data on Cherkizovo Group PJSC and its competitors.
Is Cherkizovo Group PJSC's Gross Margin % too high?
Cherkizovo Group PJSC's current Gross Margin % is 32.62%. The Consumer Packaged Goods industry median Gross Margin % is 26.36. Cherkizovo Group PJSC's value of 32.62% is 23.7% above this industry median. Overall, Cherkizovo Group PJSC has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Cherkizovo Group PJSC's Gross Margin % compare to KHC and GIS?
Cherkizovo Group PJSC's Gross Margin % of 32.62% can be compared against companies in the Consumer Packaged Goods industry. The industry median Gross Margin % is 26.36. Cherkizovo Group PJSC's value of 32.62% is 23.7% above this benchmark. 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 Consumer Packaged Goods company?
The median Gross Margin % among Consumer Packaged Goods companies is 26.36, based on 1,907 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. Cherkizovo Group PJSC's current Gross Margin % of 32.62% is 23.7% above the industry median. 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 Cherkizovo Group PJSC and its competitors. For the Consumer Packaged Goods industry, the median Gross Margin % is 26.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cherkizovo Group PJSC's current Gross Margin % is 32.62%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cherkizovo Group PJSC stock overvalued right now?
Cherkizovo Group PJSC (MIC:GCHE) has a current Gross Margin % of 32.62%. The current Gross Margin % is 32.62% and 23.7% above the Consumer Packaged Goods industry median of 26.36. Cherkizovo Group PJSC's overall GF Score™ is 17/100. 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 Cherkizovo Group PJSC (MIC:GCHE), the current Gross Margin % is 32.62% as of Dec. 2023. 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.

Cherkizovo Group PJSC Business Description

Address 1, Cherkizovskaya Street, Topkanovo Village, Kashira, Moscow, RUS, 142931
Cherkizovo Group PJSC is an integrated diversified meat producer in the Russian Federation. Its business segments are Meat Processing, Chicken, Pork, Grain, and Other. The company generates maximum revenue from the Poultry segment. Its Poultry segment operations consist of breeding, raising and processing broilers, as well as sales of chilled and frozen chicken products. The Meat processing segment operations include the production of two distinct product lines: the Sausages product line, which comprises a wide range of processed meat products, including sausages, ham, hot dogs, and the Pork product line, which comprises production and sales of pork meat.
17GF Score

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