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Astrapak (JSE:9035.PFD) Gross Margin % : 22.42% (As of Aug. 2016)


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What is Astrapak Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Astrapak's Gross Profit for the six months ended in Aug. 2016 was R164.65 Mil. Astrapak's Revenue for the six months ended in Aug. 2016 was R734.27 Mil. Therefore, Astrapak's Gross Margin % for the quarter that ended in Aug. 2016 was 22.42%.


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

JSE:9035.PFD' s Gross Margin % Range Over the Past 10 Years
Min: 20.48   Med: 22.32   Max: 26.29
Current: 22.26


During the past 13 years, the highest Gross Margin % of Astrapak was 26.29%. The lowest was 20.48%. And the median was 22.32%.

JSE:9035.PFD's Gross Margin % is not ranked
in the Packaging & Containers industry.
Industry Median: 21.755 vs JSE:9035.PFD: 22.26

Astrapak had a gross margin of 22.42% for the quarter that ended in Aug. 2016 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Astrapak was 0.70% per year.


Astrapak Gross Margin % Historical Data

The historical data trend for Astrapak'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.

Astrapak Gross Margin % Chart

Astrapak Annual Data
Trend Feb07 Feb08 Feb09 Feb10 Feb11 Feb12 Feb13 Feb14 Feb15 Feb16
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 20.48 23.09 26.29 21.03 22.36

Astrapak Semi-Annual Data
Feb06 Feb07 Feb08 Aug08 Feb09 Aug09 Feb10 Aug10 Feb11 Aug11 Feb12 Aug12 Feb13 Aug13 Feb14 Aug14 Feb15 Aug15 Feb16 Aug16
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 21.07 21.00 22.65 22.10 22.42

Competitive Comparison of Astrapak's Gross Margin %

For the Packaging & Containers subindustry, Astrapak'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.


Astrapak's Gross Margin % Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Astrapak's Gross Margin % distribution charts can be found below:

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



Astrapak Gross Margin % Calculation

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

Astrapak's Gross Margin for the fiscal year that ended in Feb. 2016 is calculated as

Gross Margin % (A: Feb. 2016 )=Gross Profit (A: Feb. 2016 ) / Revenue (A: Feb. 2016 )
=301.5 / 1348.37
=(Revenue - Cost of Goods Sold) / Revenue
=(1348.37 - 1046.89) / 1348.37
=22.36 %

Astrapak's Gross Margin for the quarter that ended in Aug. 2016 is calculated as


Gross Margin % (Q: Aug. 2016 )=Gross Profit (Q: Aug. 2016 ) / Revenue (Q: Aug. 2016 )
=164.7 / 734.272
=(Revenue - Cost of Goods Sold) / Revenue
=(734.272 - 569.619) / 734.272
=22.42 %

* 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.


Astrapak  (JSE:9035.PFD) 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

Astrapak had a gross margin of 22.42% for the quarter that ended in Aug. 2016 => 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.


Astrapak Gross Margin % Related Terms

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


Astrapak (JSE:9035.PFD) Business Description

Traded in Other Exchanges
N/A
Address
Astrapak Ltd is engaged in manufacturing & distributing plastic packaging products. It provides packaging services to food, beverage, fruit, confectionery, pharmaceutical, petrochemical, industrial markets.

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