GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Agthia Group PJSC (ADX:AGTHIA) » Definitions » Gross Margin %

Agthia Group PJSC (ADX:AGTHIA) Gross Margin % : 30.85% (As of Dec. 2023)


View and export this data going back to 2005. Start your Free Trial

What is Agthia Group PJSC Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Agthia Group PJSC's Gross Profit for the three months ended in Dec. 2023 was د.إ398 Mil. Agthia Group PJSC's Revenue for the three months ended in Dec. 2023 was د.إ1,290 Mil. Therefore, Agthia Group PJSC's Gross Margin % for the quarter that ended in Dec. 2023 was 30.85%.

Warning Sign:

Agthia Group PJSC gross margin has been in long-term decline. The average rate of decline per year is -2.8%.


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

ADX:AGTHIA' s Gross Margin % Range Over the Past 10 Years
Min: 27.97   Med: 31.5   Max: 34.3
Current: 29.84


During the past 13 years, the highest Gross Margin % of Agthia Group PJSC was 34.30%. The lowest was 27.97%. And the median was 31.50%.

ADX:AGTHIA's Gross Margin % is ranked better than
61.69% of 1809 companies
in the Consumer Packaged Goods industry
Industry Median: 25.04 vs ADX:AGTHIA: 29.84

Agthia Group PJSC had a gross margin of 30.85% for the quarter that ended in Dec. 2023 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Agthia Group PJSC was -2.80% per year.


Agthia Group PJSC Gross Margin % Historical Data

The historical data trend for Agthia 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.

* Premium members only.

Agthia Group PJSC Gross Margin % Chart

Agthia 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 32.03 30.96 31.19 28.46 29.84

Agthia Group PJSC Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 28.11 28.54 28.12 31.69 30.85

Competitive Comparison of Agthia Group PJSC's Gross Margin %

For the Packaged Foods subindustry, Agthia 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.


Agthia Group PJSC's Gross Margin % Distribution in the Consumer Packaged Goods Industry

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

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



Agthia Group PJSC Gross Margin % Calculation

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

Agthia 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 )
=1361 / 4561.21
=(Revenue - Cost of Goods Sold) / Revenue
=(4561.21 - 3200.212) / 4561.21
=29.84 %

Agthia 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 )
=398 / 1290.246
=(Revenue - Cost of Goods Sold) / Revenue
=(1290.246 - 892.221) / 1290.246
=30.85 %

* 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.


Agthia Group PJSC  (ADX:AGTHIA) 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

Agthia Group PJSC had a gross margin of 30.85% 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.


Agthia Group PJSC Gross Margin % Related Terms

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


Agthia Group PJSC (ADX:AGTHIA) Business Description

Traded in Other Exchanges
N/A
Address
17th Floor, Sky Tower, P.O. Box 37725, Al Reem Island, Abu Dhabi, ARE
Agthia Group PJSC is a food and beverage company that sells its products to customers across the UAE, GCC, Turkey, and the wider Middle East. Its product portfolio is categorized into segments, including flour and animal feed, water and beverages, processed fruits and vegetables, and dairy and frozen baked products. The company operates through two businesses: agribusiness, which manages, manufactures, distributes, and markets Grand Mills flour and Agrivita animal feed products; and consumer business, which operates in the food and beverage sector and provides products including bottled drinking water, juices, sauces, and dairy products.

Agthia Group PJSC (ADX:AGTHIA) Headlines

No Headlines