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PPC's gross profit for the
six
months ended in Mar. 2026 was R1,087 Mil. PPC's gross profit for the trailing twelve months (TTM) ended in Mar. 2026 was R2,190 Mil.
Gross Margin % is calculated as gross profit divided by its revenue. PPC's gross profit for the
six
months ended in Mar. 2026 was R1,087 Mil. PPC's Revenue for the
six
months ended in Mar. 2026 was R4,873 Mil. Therefore, PPC's Gross Margin % for the quarter that ended in Mar. 2026 was 22.31%.
PPC had a gross margin of 22.31% for the quarter that ended in Mar. 2026 => Competition eroding margins
During the past 13 years, the highestGross Margin % of PPC was 23.67%. The lowest was 13.29%. And the median was 20.55%.
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
PPC had a gross margin of 22.31% for the quarter that ended in Mar. 2026 => Competition eroding margins
PPC Gross Profit Related Terms
PPC Gross Profit Historical Data
* Premium members only.
The historical data trend for PPC's Gross Profit 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.
For the Building Materials subindustry, PPC's Gross Profit, along with its competitors' market caps and Gross Profit 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.
PPC Gross Profit vs Building Materials Industry
For the Building Materials industry and Basic Materials sector, PPC's Gross Profit distribution charts can be found below:
* The bar in red indicates where PPC's Gross Profit falls into.
Gross Profit for the trailing twelve months (TTM) ended in Mar. 2026 adds up the semi-annually data reported by the company within the most recent 12 months, which was R2,190 Mil.
Gross Profit is the numerator in the calculation of Gross Margin.
PPC's Gross Margin % for the quarter that ended in Mar. 2026 is calculated as
* 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.
PPC (JSE:PPC) has a Gross Profit of R2,190 Mil as of Mar. 2026. Gross Profit equals net sales less total cost of goods sold. View historical data on PPC and its competitors.
Is PPC's Gross Profit too high?
PPC's current Gross Profit is R2,190 Mil. Overall, PPC has a GF Score™ of 66/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PPC's Gross Profit compare to CRH and VMC?
PPC's Gross Profit of R2,190 Mil can be compared against companies in the Building Materials industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Profit for a Building Materials company?
A good Gross Profit depends on the Building Materials industry context. However, Gross Profit 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 Profit mean?
A high Gross Profit can signal that a stock is expensive relative to its fundamentals. Gross Profit equals net sales less total cost of goods sold. View historical data on PPC and its competitors. PPC's current Gross Profit is R2,190 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PPC stock overvalued right now?
Based on GuruFocus' analysis, PPC (JSE:PPC) is currently considered Significantly Overvalued. The stock's GF Value™ is R4.61, compared to a current price of R7.48 — trading 62.3% above its estimated fair value. The current Gross Profit is R2,190 Mil. PPC's overall GF Score™ is 66/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Profit calculated?
Gross Profit is calculated from a company's financial statements. For PPC (JSE:PPC), the current Gross Profit is R2,190 Mil as of Mar. 2026. 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.
Is PPC (JSE:PPC) Overvalued in 2026?
Based on GuruFocus' analysis, PPC stock appears to be overvalued.
The current stock price of R7.48 is trading 62.3% above its estimated GF Value™ of R4.61.
GuruFocus considers PPC to be Significantly Overvalued.
Key valuation signals for JSE:PPC:
Gross Profit: R2,190 Mil
GF Value™: R4.61 vs. price of R7.48 (62.3% above fair value)
No single metric tells the full story. See the JSE:PPC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
PPC Ltd is a South Africa-based company that supplies cement and other related products in South Africa and several other African countries. Its production facilities span South Africa, Botswana, Zimbabwe, and Rwanda. The operating segments are South Africa and Botswana Cement, Zimbabwe, Rwanda, Aggregates, ash and readymix, and Group services and others. The company generates the majority of its revenue from the South Africa and Botswana domestic markets, where it marketed its cement products under the brand names OPC, SureRoad, IDM Best Build, Castle, and Spar Build-It. It also distributes cement products in Botswana, Zimbabwe, Mozambique, the Democratic Republic of the Congo, Rwanda, and Ethiopia under the brands OPC, Unicem, Botcem, and Surebuild PMC.
66GF Score
Get the complete analysis for JSE:PPC
Gross Profit is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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