GURUFOCUS.COM » STOCK LIST » Technology » Software » TBN Corp PCL (BKK:TBN) » Definitions » Gross Margin %

TBN PCL (BKK:TBN) Gross Margin % : 26.10% (As of Mar. 2024)


View and export this data going back to 2023. Start your Free Trial

What is TBN PCL Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. TBN PCL's Gross Profit for the three months ended in Mar. 2024 was ฿24.2 Mil. TBN PCL's Revenue for the three months ended in Mar. 2024 was ฿92.6 Mil. Therefore, TBN PCL's Gross Margin % for the quarter that ended in Mar. 2024 was 26.10%.


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

BKK:TBN' s Gross Margin % Range Over the Past 10 Years
Min: 28.4   Med: 47.34   Max: 55.49
Current: 31.43


During the past 5 years, the highest Gross Margin % of TBN PCL was 55.49%. The lowest was 28.40%. And the median was 47.34%.

BKK:TBN's Gross Margin % is ranked worse than
63.56% of 2640 companies
in the Software industry
Industry Median: 41.76 vs BKK:TBN: 31.43

TBN PCL had a gross margin of 26.10% for the quarter that ended in Mar. 2024 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for TBN PCL was 0.00% per year.


TBN PCL Gross Margin % Historical Data

The historical data trend for TBN 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.

TBN PCL Gross Margin % Chart

TBN PCL Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
55.49 54.63 47.34 28.40 35.41

TBN PCL Quarterly Data
Dec19 Dec20 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 42.13 33.04 31.52 34.35 26.10

Competitive Comparison of TBN PCL's Gross Margin %

For the Software - Application subindustry, TBN 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.


TBN PCL's Gross Margin % Distribution in the Software Industry

For the Software industry and Technology sector, TBN PCL's Gross Margin % distribution charts can be found below:

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



TBN PCL Gross Margin % Calculation

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

TBN 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 )
=155.3 / 438.452
=(Revenue - Cost of Goods Sold) / Revenue
=(438.452 - 283.198) / 438.452
=35.41 %

TBN 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 )
=24.2 / 92.61
=(Revenue - Cost of Goods Sold) / Revenue
=(92.61 - 68.441) / 92.61
=26.10 %

* 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.


TBN PCL  (BKK:TBN) 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

TBN PCL had a gross margin of 26.10% for the quarter that ended in Mar. 2024 => 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.


TBN PCL Gross Margin % Related Terms

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


TBN PCL (BKK:TBN) Business Description

Traded in Other Exchanges
N/A
Address
Sukhumvit 21 (Asoke) Road, Floor. 15, Room No. 1501-1502, 54 Bangkok Business Building, Klong Toey Nua, Wattana, Bangkok, THA, 10110
TBN Corp PCL is Thailand's first low-code solutions provider. Its main business activity is selling and developing software for various organizations, including consulting on software development.

TBN PCL (BKK:TBN) Headlines

No Headlines