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Northam Platinum (Northam Platinum) Gross Margin % : 52.63% (As of Jun. 2021)


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What is Northam Platinum Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Northam Platinum's Gross Profit for the six months ended in Jun. 2021 was $784.56 Mil. Northam Platinum's Revenue for the six months ended in Jun. 2021 was $1,490.83 Mil. Therefore, Northam Platinum's Gross Margin % for the quarter that ended in Jun. 2021 was 52.63%.


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

NMPNY' s Gross Margin % Range Over the Past 10 Years
Min: 1.15   Med: 10.39   Max: 49.37
Current: 49.37


During the past 13 years, the highest Gross Margin % of Northam Platinum was 49.37%. The lowest was 1.15%. And the median was 10.39%.

NMPNY's Gross Margin % is not ranked
in the Metals & Mining industry.
Industry Median: 19.22 vs NMPNY: 49.37

Northam Platinum had a gross margin of 52.63% for the quarter that ended in Jun. 2021 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Northam Platinum was 51.90% per year.


Northam Platinum Gross Margin % Historical Data

The historical data trend for Northam Platinum'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.

Northam Platinum Gross Margin % Chart

Northam Platinum Annual Data
Trend Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.94 10.90 22.63 29.76 49.37

Northam Platinum Semi-Annual Data
Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21
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 24.34 37.82 23.44 43.68 52.63

Competitive Comparison of Northam Platinum's Gross Margin %

For the Other Precious Metals & Mining subindustry, Northam Platinum'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.


Northam Platinum's Gross Margin % Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Northam Platinum's Gross Margin % falls into.



Northam Platinum Gross Margin % Calculation

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

Northam Platinum's Gross Margin for the fiscal year that ended in Jun. 2021 is calculated as

Gross Margin % (A: Jun. 2021 )=Gross Profit (A: Jun. 2021 ) / Revenue (A: Jun. 2021 )
=1157.7 / 2345.05
=(Revenue - Cost of Goods Sold) / Revenue
=(2345.05 - 1187.343) / 2345.05
=49.37 %

Northam Platinum's Gross Margin for the quarter that ended in Jun. 2021 is calculated as


Gross Margin % (Q: Jun. 2021 )=Gross Profit (Q: Jun. 2021 ) / Revenue (Q: Jun. 2021 )
=784.6 / 1490.827
=(Revenue - Cost of Goods Sold) / Revenue
=(1490.827 - 706.269) / 1490.827
=52.63 %

* 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.


Northam Platinum  (OTCPK:NMPNY) 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

Northam Platinum had a gross margin of 52.63% for the quarter that ended in Jun. 2021 => Durable 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.


Northam Platinum Gross Margin % Related Terms

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Northam Platinum (Northam Platinum) Business Description

Traded in Other Exchanges
N/A
Address
Magwa Crescent West, Building 4, 1st Floor, Maxwell Office Park, Waterfall City, Jukskei View, Johannesburg, GT, ZAF, 2090
Northam Platinum Ltd is a producer of platinum group metals, which include platinum, palladium, and rhodium. Northam conducts operations across two main locations in South Africa, Zondereinde and Booysendal, where the mining, concentrating, smelting, and base metals recovery processes occur. The company then outsources its production for refining. The primary consumers of platinum, palladium, and rhodium are from the motor-manufacturing and jewellery industries. Northam sells metals in sponge or ingot form domestically and to overseas markets across Asia, Europe, and North America.

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