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Don Muang Tollway PCL (BKK:DMT) Gross Margin % : 61.53% (As of Dec. 2023)


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What is Don Muang Tollway PCL Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Don Muang Tollway PCL's Gross Profit for the three months ended in Dec. 2023 was ฿372 Mil. Don Muang Tollway PCL's Revenue for the three months ended in Dec. 2023 was ฿605 Mil. Therefore, Don Muang Tollway PCL's Gross Margin % for the quarter that ended in Dec. 2023 was 61.53%.

Warning Sign:

Don Muang Tollway PCL gross margin has been in long-term decline. The average rate of decline per year is -1.6%.


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

BKK:DMT' s Gross Margin % Range Over the Past 10 Years
Min: 56.91   Med: 67.25   Max: 78.12
Current: 63.85


During the past 10 years, the highest Gross Margin % of Don Muang Tollway PCL was 78.12%. The lowest was 56.91%. And the median was 67.25%.

BKK:DMT's Gross Margin % is ranked better than
94.29% of 1612 companies
in the Construction industry
Industry Median: 19.255 vs BKK:DMT: 63.85

Don Muang Tollway PCL had a gross margin of 61.53% for the quarter that ended in Dec. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Don Muang Tollway PCL was -1.60% per year.


Don Muang Tollway PCL Gross Margin % Historical Data

The historical data trend for Don Muang Tollway PCL'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.

Don Muang Tollway PCL Gross Margin % Chart

Don Muang Tollway PCL 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 64.26 62.48 56.91 64.25 63.90

Don Muang Tollway PCL 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 62.91 66.51 63.02 67.02 61.53

Competitive Comparison of Don Muang Tollway PCL's Gross Margin %

For the Infrastructure Operations subindustry, Don Muang Tollway PCL'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.


Don Muang Tollway PCL's Gross Margin % Distribution in the Construction Industry

For the Construction industry and Industrials sector, Don Muang Tollway PCL's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Don Muang Tollway PCL's Gross Margin % falls into.



Don Muang Tollway PCL Gross Margin % Calculation

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

Don Muang Tollway PCL'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 )
=1485.8 / 2325.057
=(Revenue - Cost of Goods Sold) / Revenue
=(2325.057 - 839.268) / 2325.057
=63.90 %

Don Muang Tollway PCL'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 )
=372.4 / 605.172
=(Revenue - Cost of Goods Sold) / Revenue
=(605.172 - 232.811) / 605.172
=61.53 %

* 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.


Don Muang Tollway PCL  (BKK:DMT) 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

Don Muang Tollway PCL had a gross margin of 61.53% for the quarter that ended in Dec. 2023 => Durable 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.


Don Muang Tollway PCL Gross Margin % Related Terms

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Don Muang Tollway PCL (BKK:DMT) Business Description

Traded in Other Exchanges
N/A
Address
40/40 Viphavadi Rangsit Road, Sanambin, Don Muang, Bangkok, THA, 10210
Don Muang Tollway PCL constructs and operates Utra Phimuk - Din Daeng to National Memorial Section, the elevated toll road from Bangkok Metropolitan, and the Northern vicinities as main and direct route to the Center, Northern and North-Eastern part of Thailand. The Company is managed and operates principally in Thailand.

Don Muang Tollway PCL (BKK:DMT) Headlines

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