GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Waja Co (SAU:9560) » Definitions » Gross Margin %

Waja Co (SAU:9560) Gross Margin % : 14.56% (As of Jun. 2024)


View and export this data going back to 2023. Start your Free Trial

What is Waja Co Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Waja Co's Gross Profit for the six months ended in Jun. 2024 was ﷼14.2 Mil. Waja Co's Revenue for the six months ended in Jun. 2024 was ﷼97.3 Mil. Therefore, Waja Co's Gross Margin % for the quarter that ended in Jun. 2024 was 14.56%.


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

SAU:9560' s Gross Margin % Range Over the Past 10 Years
Min: 20.46   Med: 25.91   Max: 26.24
Current: 20.46


During the past 2 years, the highest Gross Margin % of Waja Co was 26.24%. The lowest was 20.46%. And the median was 25.91%.

SAU:9560's Gross Margin % is ranked better than
51.03% of 1654 companies
in the Construction industry
Industry Median: 19.995 vs SAU:9560: 20.46

Waja Co had a gross margin of 14.56% for the quarter that ended in Jun. 2024 => No sustainable competitive advantage

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


Waja Co Gross Margin % Historical Data

The historical data trend for Waja Co'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.

Waja Co Gross Margin % Chart

Waja Co Annual Data
Trend Dec22 Dec23
Gross Margin %
26.24 25.57

Waja Co Semi-Annual Data
Jun22 Dec22 Jun23 Dec23 Jun24
Gross Margin % 26.93 25.69 23.27 26.58 14.56

Competitive Comparison of Waja Co's Gross Margin %

For the Engineering & Construction subindustry, Waja Co'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.


Waja Co's Gross Margin % Distribution in the Construction Industry

For the Construction industry and Industrials sector, Waja Co's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Waja Co's Gross Margin % falls into.



Waja Co Gross Margin % Calculation

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

Waja Co'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 )
=34.4 / 134.648
=(Revenue - Cost of Goods Sold) / Revenue
=(134.648 - 100.213) / 134.648
=25.57 %

Waja Co's Gross Margin for the quarter that ended in Jun. 2024 is calculated as


Gross Margin % (Q: Jun. 2024 )=Gross Profit (Q: Jun. 2024 ) / Revenue (Q: Jun. 2024 )
=14.2 / 97.291
=(Revenue - Cost of Goods Sold) / Revenue
=(97.291 - 83.13) / 97.291
=14.56 %

* 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.


Waja Co  (SAU:9560) 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

Waja Co had a gross margin of 14.56% for the quarter that ended in Jun. 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.


Waja Co Gross Margin % Related Terms

Thank you for viewing the detailed overview of Waja Co's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Waja Co Business Description

Traded in Other Exchanges
N/A
Address
King Fahd Branch Road, North, P.O. Box 2370, Al-Anoud Tower 2, South Tower, 17th Floor, Al Olaya District, Riyadh, SAU, 12214
Waja Co is a multi-sector company, with main affiliated activities in each Construction, Media & Communication, and Information Technology. It is mainly engaged in two segments which include the Contracting business sector and Operation and maintenance sector. The majority of the revenue derives from the Contracting business sector.

Waja Co Headlines

No Headlines