The historical rank and industry rank for PT Petrosea Tbk's Gross Margin % or its related term are showing as below:
ISX:PTRO'
s Gross Margin % Range Over the Past 10 Years
Min: 13.3 Med: 16.84 Max: 21.97
Current: 13.3
During the past 12 years, the highestGross Margin % of PT Petrosea Tbk was 21.97%. The lowest was 13.30%. And the median was 16.84%.
ISX:PTRO's Gross Margin % is ranked worse than 61.79% of 704
companies
in the Metals & Mining industry
Industry Median: 19.22
vs ISX:PTRO: 13.30
PT Petrosea Tbk had a gross margin of 9.78% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage
The 5-Year average Growth Rate of Gross Margin for PT Petrosea Tbk was -0.60% per year.
PT Petrosea Tbk Gross Margin % Historical Data
The historical data trend for PT Petrosea 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.
Competitive Comparison of PT Petrosea Tbk's Gross Margin %
For the Other Industrial Metals & Mining subindustry, PT Petrosea 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 Petrosea Tbk's Gross Margin % Distribution in the Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, PT Petrosea Tbk's Gross Margin % distribution charts can be found below:
* The bar in red indicates where PT Petrosea Tbk's Gross Margin % falls into.
* 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.
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 Petrosea Tbk had a gross margin of 9.78% 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 Petrosea Tbk Gross Margin % Related Terms
Thank you for viewing the detailed overview of PT Petrosea Tbk's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.
PT Petrosea Tbk is an Indonesian-based firm engaged in multi-disciplinary mining, infrastructure, and oil and gas services. It operates in three business segments. The Mining segment covers mining contracts like overburden stripping, drilling, blasting, lifting, hauling, mine services, and mines partnering. The Services segment covers supply-based facilities and port services. The Engineering and Construction segment provides multi-disciplinary engineering, procurement, and construction services to oil and gas, infrastructure, industrial, and manufacturing, and utility sectors. This segment also includes the supply of skilled trade personnel and equipment hire services. The majority of its revenue comes from the Mining segment.
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