PRGNF (Paragon Shipping) Gross Margin %: 0.00% (As of Dec. 2016)


What is Paragon Shipping Gross Margin %?

Paragon Shipping PRGNF -99.00% Gross Margin % is 0.00% as of Dec. 2016.

Gross Margin % is calculated as gross profit divided by its revenue. Paragon Shipping's Gross Profit for the three months ended in Dec. 2016 was $0.00 Mil. Paragon Shipping's Revenue for the three months ended in Dec. 2016 was $0.00 Mil. Therefore, Paragon Shipping's Gross Margin % for the quarter that ended in Dec. 2016 was 0.00%. If there's no value for Cost of Goods Sold, then Gross Margin % is not calculated.


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


PRGNF's Gross Margin % is not ranked *
in the Transportation industry.
Industry Median: 20.42
* Ranked among companies with meaningful Gross Margin % only.

Paragon Shipping had a gross margin of N/A% for the quarter that ended in Dec. 2016 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Paragon Shipping was 0.00% per year.


Paragon Shipping  (OTCPK:PRGNF) 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

Paragon Shipping had a gross margin of N/A% for the quarter that ended in Dec. 2016 => 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.


Paragon Shipping Gross Margin % Related Terms


Paragon Shipping Gross Margin % Historical Data

* Premium members only.

The historical data trend for Paragon Shipping'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.

Paragon Shipping Gross Margin % Chart

Paragon Shipping Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 58.92 48.23 -5.50 -37.30 -102.23

Paragon Shipping Quarterly Data
Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Dec16
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 8.35 20.03 6.57 -185.17 0.00

PRGNF vs CTRM, GLBS, TOPS: Gross Margin % Comparison

For the Marine Shipping subindustry, Paragon Shipping'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.


Paragon Shipping Gross Margin % vs Transportation Industry

For the Transportation industry and Industrials sector, Paragon Shipping's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Paragon Shipping's Gross Margin % falls into.



Paragon Shipping Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue. (Note that if there's no value for Cost of Goods Sold, then Gross Margin % is not calculated.)

Paragon Shipping's Gross Margin for the fiscal year that ended in Dec. 2016 is calculated as

Gross Margin % (A: Dec. 2016 )=Gross Profit (A: Dec. 2016 ) / Revenue (A: Dec. 2016 )
=-2.2 / 2.103
=(Revenue - Cost of Goods Sold) / Revenue
=(2.103 - 4.253) / 2.103
=-102.23 %

Paragon Shipping's Gross Margin for the quarter that ended in Dec. 2016 is calculated as


Gross Margin % (Q: Dec. 2016 )=Gross Profit (Q: Dec. 2016 ) / Revenue (Q: Dec. 2016 )
=0 / 0
=(Revenue - Cost of Goods Sold) / Revenue
=(0 - 0) / 0
=N/A %

* 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 0.00% mean?
Paragon Shipping (PRGNF) has a Gross Margin % of 0.00% as of Dec. 2016. Gross margin is the ratio of total gross profit to net sales. View historical data on Paragon Shipping and its competitors.
Is Paragon Shipping's Gross Margin % too high?
Paragon Shipping's current Gross Margin % is 0.00%.
How does Paragon Shipping's Gross Margin % compare to CTRM and GLBS?
Paragon Shipping's Gross Margin % of 0.00% can be compared against companies in the Transportation industry. The industry median Gross Margin % is 20.42. 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 Transportation company?
The median Gross Margin % among Transportation companies is 20.42, based on 985 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 Paragon Shipping and its competitors. For the Transportation industry, the median Gross Margin % is 20.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Paragon Shipping's current Gross Margin % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Paragon Shipping stock overvalued right now?
Paragon Shipping (PRGNF) has a current Gross Margin % of 0.00%. The current Gross Margin % is 0.00%. 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 Paragon Shipping (PRGNF), the current Gross Margin % is 0.00% as of Dec. 2016. 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.

Paragon Shipping Business Description

Address 15 Karamanli Avenue, Voula, GRC, 166 73
Paragon Shipping Inc is based in Greece but incorporated in the Marshall Islands, Paragon Shipping owns and operates medium-size dry-bulk ships and rents these assets through multiyear agreements. Paragon outsources its ship management to Allseas, a third-party company. Founded in 2006, the company has expanded to 12 ships from its original six, with plans to continue fleet additions.