Alro (BSE:ALR) Gross Margin % : 1.81% (As of Mar. 2024)

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What is Alro Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Alro's Gross Profit for the three months ended in Mar. 2024 was lei15 Mil. Alro's Revenue for the three months ended in Mar. 2024 was lei804 Mil. Therefore, Alro's Gross Margin % for the quarter that ended in Mar. 2024 was 1.81%.

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

BSE:ALR' s Gross Margin % Range Over the Past 10 Years
Min: -7.59 Med: 12 Max: 25.23
Current: -5.83

During the past 13 years, the highest Gross Margin % of Alro was 25.23%. The lowest was -7.59%. And the median was 12.00%.

BSE:ALR's Gross Margin % is ranked worse than
90.5% of 705 companies
in the Metals & Mining industry
Industry Median: 19.14 vs BSE:ALR: -5.83

Alro had a gross margin of 1.81% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage

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

Alro Gross Margin % Historical Data

The historical data trend for Alro'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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Alro Gross Margin % Chart

Alro Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Gross Margin %

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8.17

-0.27

14.08

9.07

-7.59

Alro 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															-4.44	-2.09	-11.45	-14.31	1.81

Competitive Comparison of Alro's Gross Margin %

For the Aluminum subindustry, Alro'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.

Alro's Gross Margin % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Alro's Gross Margin % distribution charts can be found below:

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

Alro Gross Margin % Calculation

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

Alro'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 )
	=	-216.4	/	2849.717
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(2849.717 - 3066.081)	/	2849.717
	=	-7.59 %

Alro'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 )
	=	14.5	/	803.567
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(803.567 - 789.03)	/	803.567
	=	1.81 %

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.

Alro (BSE:ALR) 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

Alro had a gross margin of 1.81% for the quarter that ended in Mar. 2024 => 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.

Alro Gross Margin % Related Terms

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

Alro (BSE:ALR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Alro SA (BSE:ALR) » Definitions » Gross Margin %

Traded in Other Exchanges

N/A

Address

116, Pitesti Street, Olt County, Slatina, ROU, 230048

Website

https://www.alro.ro/en

Alro SA is an aluminum producer. The company organizes its operations into four segments: Bauxite, Alumina, Primary Aluminium, and Processed Aluminium. The Bauxite segment is operating in Sierra Leone (Africa) and consists of SMHL, GAL and BML. The Alumina segment uses bauxite to produce alumina, the main raw material for electrolytic aluminium production. The Primary Aluminium segment, which mainly includes the anodes section, electrolysis section, the Casting House and Aluminium Eco Recycling Facility sections, manufactures and sells products like wire, rod, slabs and occasionally ingots. The Processed Aluminium segment, which includes Alro's Processed Aluminium section and Vimetco Extrusion, produces and sells sheets, coils, plates, and extruded products.