GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Karmarts PCL (BKK:KAMART) » Definitions » Gross Margin %

Karmarts PCL (BKK:KAMART) Gross Margin % : 53.99% (As of Mar. 2024)


View and export this data going back to 1995. Start your Free Trial

What is Karmarts PCL Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Karmarts PCL's Gross Profit for the three months ended in Mar. 2024 was ฿419 Mil. Karmarts PCL's Revenue for the three months ended in Mar. 2024 was ฿776 Mil. Therefore, Karmarts PCL's Gross Margin % for the quarter that ended in Mar. 2024 was 53.99%.

Warning Sign:

Karmarts PCL gross margin has been in long-term decline. The average rate of decline per year is -1.5%.


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

BKK:KAMART' s Gross Margin % Range Over the Past 10 Years
Min: 41.76   Med: 53.26   Max: 55.97
Current: 53.1


During the past 13 years, the highest Gross Margin % of Karmarts PCL was 55.97%. The lowest was 41.76%. And the median was 53.26%.

BKK:KAMART's Gross Margin % is ranked better than
87.35% of 1810 companies
in the Consumer Packaged Goods industry
Industry Median: 25.235 vs BKK:KAMART: 53.10

Karmarts PCL had a gross margin of 53.99% for the quarter that ended in Mar. 2024 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Karmarts PCL was -1.50% per year.


Karmarts PCL Gross Margin % Historical Data

The historical data trend for Karmarts 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.

Karmarts PCL Gross Margin % Chart

Karmarts 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 53.91 51.47 47.87 48.78 52.60

Karmarts PCL Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 52.22 52.18 54.05 51.89 53.99

Competitive Comparison of Karmarts PCL's Gross Margin %

For the Household & Personal Products subindustry, Karmarts 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.


Karmarts PCL's Gross Margin % Distribution in the Consumer Packaged Goods Industry

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

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



Karmarts PCL Gross Margin % Calculation

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

Karmarts 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 )
=1274.9 / 2423.678
=(Revenue - Cost of Goods Sold) / Revenue
=(2423.678 - 1148.808) / 2423.678
=52.60 %

Karmarts PCL's Gross Margin for the quarter that ended in Mar. 2024 is calculated as


Gross Margin % (Q: Mar. 2024 )=Gross Profit (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=419 / 776.154
=(Revenue - Cost of Goods Sold) / Revenue
=(776.154 - 357.125) / 776.154
=53.99 %

* 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.


Karmarts PCL  (BKK:KAMART) 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

Karmarts PCL had a gross margin of 53.99% for the quarter that ended in Mar. 2024 => 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.


Karmarts PCL Gross Margin % Related Terms

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


Karmarts PCL (BKK:KAMART) Business Description

Traded in Other Exchanges
N/A
Address
Phetchakasem Road, 81-81/1 Soi Phetchakasem 54 sub 3, Bangduan, Phasicharoen, Bangkok, THA, 10160
Karmarts PCL is engaged in the manufacture and distribution of cosmetics and consumer products, and the provision of warehouse rental and warehouse services. The company operates in three segments: Manufacture and distribution of consumer products, Warehouse rental and Investment properties and distribution of by-products and agriculture segment. A majority of the firm's revenue is generated through the Manufacture and Distribution of Consumer Products segment. The group's operations are mainly located in Thailand. Some of the company's brands are Bergamo, Oppa style, Cathy doll and Jejuvita.

Karmarts PCL (BKK:KAMART) Headlines

No Headlines