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Peter Warren Automotive Holdings (ASX:PWR) Gross Margin % : 11.41% (As of Dec. 2023)


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What is Peter Warren Automotive Holdings Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Peter Warren Automotive Holdings's Gross Profit for the six months ended in Dec. 2023 was A$137 Mil. Peter Warren Automotive Holdings's Revenue for the six months ended in Dec. 2023 was A$1,202 Mil. Therefore, Peter Warren Automotive Holdings's Gross Margin % for the quarter that ended in Dec. 2023 was 11.41%.


The historical rank and industry rank for Peter Warren Automotive Holdings's Gross Margin % or its related term are showing as below:

ASX:PWR' s Gross Margin % Range Over the Past 10 Years
Min: 16.92   Med: 18.43   Max: 19.29
Current: 16.92


During the past 3 years, the highest Gross Margin % of Peter Warren Automotive Holdings was 19.29%. The lowest was 16.92%. And the median was 18.43%.

ASX:PWR's Gross Margin % is ranked worse than
58.33% of 1267 companies
in the Vehicles & Parts industry
Industry Median: 19.36 vs ASX:PWR: 16.92

Peter Warren Automotive Holdings had a gross margin of 11.41% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Peter Warren Automotive Holdings was 0.00% per year.


Peter Warren Automotive Holdings Gross Margin % Historical Data

The historical data trend for Peter Warren Automotive Holdings'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.

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Peter Warren Automotive Holdings Gross Margin % Chart

Peter Warren Automotive Holdings Annual Data
Trend Jun21 Jun22 Jun23
Gross Margin %
17.37 19.29 18.43

Peter Warren Automotive Holdings Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Gross Margin % Get a 7-Day Free Trial 17.62 20.68 13.40 23.11 11.41

Competitive Comparison of Peter Warren Automotive Holdings's Gross Margin %

For the Auto & Truck Dealerships subindustry, Peter Warren Automotive Holdings'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.


Peter Warren Automotive Holdings's Gross Margin % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Peter Warren Automotive Holdings's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Peter Warren Automotive Holdings's Gross Margin % falls into.



Peter Warren Automotive Holdings Gross Margin % Calculation

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

Peter Warren Automotive Holdings's Gross Margin for the fiscal year that ended in Jun. 2023 is calculated as

Gross Margin % (A: Jun. 2023 )=Gross Profit (A: Jun. 2023 ) / Revenue (A: Jun. 2023 )
=379.8 / 2060.377
=(Revenue - Cost of Goods Sold) / Revenue
=(2060.377 - 1680.588) / 2060.377
=18.43 %

Peter Warren Automotive Holdings'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 )
=137.2 / 1202.256
=(Revenue - Cost of Goods Sold) / Revenue
=(1202.256 - 1065.042) / 1202.256
=11.41 %

* 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.


Peter Warren Automotive Holdings  (ASX:PWR) 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

Peter Warren Automotive Holdings had a gross margin of 11.41% for the quarter that ended in Dec. 2023 => 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.


Peter Warren Automotive Holdings Gross Margin % Related Terms

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


Peter Warren Automotive Holdings (ASX:PWR) Business Description

Traded in Other Exchanges
N/A
Address
13 Hume Highway, Warwick Farm, Sydney, NSW, AUS, 2170
Peter Warren Automotive Holdings Ltd is a dealership group operating in Australia. The company operates an integrated new and used car retailing business providing the full range of sales and support including parts, service, finance and insurance and aftermarket products to an extensive list of long-term customers, many of whom have purchased multiple vehicles over a life time. The company has two operating segments Vehicle Retailing and property segment, The company generates the majority of its revenue from the Vehicle Retailing segment, which offers a diversified range of automotive products and services, including new vehicles, used vehicles, vehicle maintenance and repair services, vehicle parts, extended service contracts, vehicle protection products, and other aftermarket products.