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PT Kirana Megatara Tbk (ISX:KMTR) Gross Margin % : 3.30% (As of Mar. 2024)


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What is PT Kirana Megatara Tbk Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. PT Kirana Megatara Tbk's Gross Profit for the three months ended in Mar. 2024 was Rp89,383 Mil. PT Kirana Megatara Tbk's Revenue for the three months ended in Mar. 2024 was Rp2,709,387 Mil. Therefore, PT Kirana Megatara Tbk's Gross Margin % for the quarter that ended in Mar. 2024 was 3.30%.

Warning Sign:

PT Kirana Megatara Tbk gross margin has been in long-term decline. The average rate of decline per year is -3.5%.


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

ISX:KMTR' s Gross Margin % Range Over the Past 10 Years
Min: 4.91   Med: 6.32   Max: 11.2
Current: 4.91


During the past 8 years, the highest Gross Margin % of PT Kirana Megatara Tbk was 11.20%. The lowest was 4.91%. And the median was 6.32%.

ISX:KMTR's Gross Margin % is ranked worse than
93.86% of 1270 companies
in the Vehicles & Parts industry
Industry Median: 19.535 vs ISX:KMTR: 4.91

PT Kirana Megatara Tbk had a gross margin of 3.30% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for PT Kirana Megatara Tbk was -3.50% per year.


PT Kirana Megatara Tbk Gross Margin % Historical Data

The historical data trend for PT Kirana Megatara Tbk'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.

PT Kirana Megatara Tbk Gross Margin % Chart

PT Kirana Megatara Tbk Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial 5.44 8.94 5.16 5.97 5.50

PT Kirana Megatara Tbk 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 5.32 3.55 4.46 8.35 3.30

Competitive Comparison of PT Kirana Megatara Tbk's Gross Margin %

For the Auto Parts subindustry, PT Kirana Megatara Tbk'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.


PT Kirana Megatara Tbk's Gross Margin % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, PT Kirana Megatara Tbk's Gross Margin % distribution charts can be found below:

* The bar in red indicates where PT Kirana Megatara Tbk's Gross Margin % falls into.



PT Kirana Megatara Tbk Gross Margin % Calculation

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

PT Kirana Megatara Tbk'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 )
=502635.6 / 9139546.142
=(Revenue - Cost of Goods Sold) / Revenue
=(9139546.142 - 8636910.499) / 9139546.142
=5.50 %

PT Kirana Megatara Tbk'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 )
=89382.7 / 2709387.374
=(Revenue - Cost of Goods Sold) / Revenue
=(2709387.374 - 2620004.656) / 2709387.374
=3.30 %

* 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.


PT Kirana Megatara Tbk  (ISX:KMTR) 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

PT Kirana Megatara Tbk had a gross margin of 3.30% 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.


PT Kirana Megatara Tbk Gross Margin % Related Terms

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PT Kirana Megatara Tbk (ISX:KMTR) Business Description

Traded in Other Exchanges
N/A
Address
Jalan Dr. Ide Anak Agung Gde Agung, (Lingkar Mega Kuningan) Kav E.3.2 No. 1, Menara The East 21st Floor, Jakarta, Selatan, IDN, 12950
PT Kirana Megatara Tbk is a producer of crumb rubber in Indonesia. It is engaged in the production and sales of crumb rubber of the type SIR-10, SIR-20, and SIR-20VK, to fulfill the demand of international and domestic tire industries. The company exports its products to Apollo, Bridgestone, Continental, Cooper Tires, Fate, Good Year, Gajah Tunggal, Hankook, Kumho Tyres, Michelin, Nexen, Pirelli, Sumitomo, Toyo Tires, and Yokohama Rubber. The company has operating segments into two groups: crumb rubber factory and agro business.

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