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Roxas (PHS:RCI) Gross Margin % : 5.23% (As of Dec. 2023)


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What is Roxas Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Roxas's Gross Profit for the three months ended in Dec. 2023 was ₱8.6 Mil. Roxas's Revenue for the three months ended in Dec. 2023 was ₱165.2 Mil. Therefore, Roxas's Gross Margin % for the quarter that ended in Dec. 2023 was 5.23%.

Warning Sign:

Roxas & Co Inc gross margin has been in long-term decline. The average rate of decline per year is -7.7%.


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

PHS:RCI' s Gross Margin % Range Over the Past 10 Years
Min: 11.42   Med: 38.63   Max: 47.23
Current: 18.36


During the past 13 years, the highest Gross Margin % of Roxas was 47.23%. The lowest was 11.42%. And the median was 38.63%.

PHS:RCI's Gross Margin % is ranked worse than
77.87% of 1654 companies
in the Real Estate industry
Industry Median: 36.83 vs PHS:RCI: 18.36

Roxas had a gross margin of 5.23% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Roxas was -7.70% per year.


Roxas Gross Margin % Historical Data

The historical data trend for Roxas'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.

Roxas Gross Margin % Chart

Roxas Annual Data
Trend Sep14 Sep15 Sep16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 40.82 11.42 43.61 34.82 18.36

Roxas Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 37.03 20.81 22.19 23.89 5.23

Competitive Comparison of Roxas's Gross Margin %

For the Real Estate - Diversified subindustry, Roxas'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.


Roxas's Gross Margin % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Roxas's Gross Margin % distribution charts can be found below:

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



Roxas Gross Margin % Calculation

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

Roxas'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 )
=134.4 / 732.214
=(Revenue - Cost of Goods Sold) / Revenue
=(732.214 - 597.787) / 732.214
=18.36 %

Roxas's Gross Margin for the quarter that ended in Dec. 2023 is calculated as


Gross Margin % (Q: Dec. 2023 )=Gross Profit (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=8.6 / 165.222
=(Revenue - Cost of Goods Sold) / Revenue
=(165.222 - 156.579) / 165.222
=5.23 %

* 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.


Roxas  (PHS:RCI) 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

Roxas had a gross margin of 5.23% for the quarter that ended in Dec. 2023 => 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.


Roxas Gross Margin % Related Terms

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


Roxas (PHS:RCI) Business Description

Traded in Other Exchanges
N/A
Address
101 Aguirre Street, 7th Floor, Cacho-Gonzales Building, Legaspi Village, Makati, PHL, 1229
Roxas & Co Inc is primarily engaged in acquiring, owning, developing, selling, and holding investments in real estate and sugar businesses. Its segments include Real Estate, Hotel, Manufacturing, and Others. Its Real Estate segment acquires, develops, subdivides, leases, and sells agricultural, industrial, commercial, residential, and other real properties. The Hotel segment operates hotels. The Manufacturing segment involves RSAI, which is a subsidiary of the parent company and manufacturing arm of the group. RSAI is incorporated primarily to manufacture coconut products for export and domestic consumption. The Others segment owns various tracts of lands in Nasugbu, Batangas, and RGEC, an entity established primarily for renewable energy.