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CAP (XSGO:CAP) Gross Margin % : 33.51% (As of Dec. 2023)


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What is CAP Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. CAP's Gross Profit for the three months ended in Dec. 2023 was CLP271,755 Mil. CAP's Revenue for the three months ended in Dec. 2023 was CLP811,072 Mil. Therefore, CAP's Gross Margin % for the quarter that ended in Dec. 2023 was 33.51%.


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

XSGO:CAP' s Gross Margin % Range Over the Past 10 Years
Min: 8.21   Med: 23.31   Max: 46.56
Current: 23.99


During the past 13 years, the highest Gross Margin % of CAP was 46.56%. The lowest was 8.21%. And the median was 23.31%.

XSGO:CAP's Gross Margin % is ranked better than
79.52% of 586 companies
in the Steel industry
Industry Median: 13.005 vs XSGO:CAP: 23.99

CAP had a gross margin of 33.51% for the quarter that ended in Dec. 2023 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for CAP was 11.20% per year.


CAP Gross Margin % Historical Data

The historical data trend for CAP'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.

CAP Gross Margin % Chart

CAP 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 8.21 33.25 46.56 25.37 23.32

CAP Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 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 11.01 20.18 13.29 20.96 33.51

Competitive Comparison of CAP's Gross Margin %

For the Steel subindustry, CAP'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.


CAP's Gross Margin % Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, CAP's Gross Margin % distribution charts can be found below:

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



CAP Gross Margin % Calculation

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

CAP'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 )
=603549.8 / 2588208.541
=(Revenue - Cost of Goods Sold) / Revenue
=(2588208.541 - 1984658.777) / 2588208.541
=23.32 %

CAP'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 )
=271754.6 / 811071.799
=(Revenue - Cost of Goods Sold) / Revenue
=(811071.799 - 539317.231) / 811071.799
=33.51 %

* 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.


CAP  (XSGO:CAP) 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

CAP had a gross margin of 33.51% 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.


CAP Gross Margin % Related Terms

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


CAP (XSGO:CAP) Business Description

Traded in Other Exchanges
N/A
Address
Gertrudis Echenique 220, Las Condes, Santiago, CHL
CAP SA is a Chile-based holding company. The company, through its subsidiaries, is engaged in mining, steel production, steel processing, and infrastructure business. The company manages three business areas: iron ore (CAP Mining), steel production (CAP Steel) and CAP Steel Solutions. The company's main customers are located in Bahrain, Chile, China, Japan, Korea, Malaysia, and the USA. The firm's CAP Mining business division is engaged in the production of iron ore and pellets. CAP Steel operates through its subsidiary Compania Siderurgica Huachipato S.A, which sells steel products to distributors and construction companies, and CAP Steel Solutions main purpose is the manufacture, distribution, import and export of all kinds of steel and metal products.

CAP (XSGO:CAP) Headlines

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