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AFP Planvital S.A. (XSGO:PLANVITAL) Gross Margin % : 81.36% (As of Dec. 2023)


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What is AFP Planvital S.A. Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. AFP Planvital S.A.'s Gross Profit for the three months ended in Dec. 2023 was CLP26,509 Mil. AFP Planvital S.A.'s Revenue for the three months ended in Dec. 2023 was CLP32,583 Mil. Therefore, AFP Planvital S.A.'s Gross Margin % for the quarter that ended in Dec. 2023 was 81.36%.


The historical rank and industry rank for AFP Planvital S.A.'s Gross Margin % or its related term are showing as below:

XSGO:PLANVITAL' s Gross Margin % Range Over the Past 10 Years
Min: 53.57   Med: 76.64   Max: 79.72
Current: 79.72


During the past 13 years, the highest Gross Margin % of AFP Planvital S.A. was 79.72%. The lowest was 53.57%. And the median was 76.64%.

XSGO:PLANVITAL's Gross Margin % is ranked better than
73.13% of 536 companies
in the Asset Management industry
Industry Median: 51.55 vs XSGO:PLANVITAL: 79.72

AFP Planvital S.A. had a gross margin of 81.36% for the quarter that ended in Dec. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for AFP Planvital S.A. was 0.60% per year.


AFP Planvital S.A. Gross Margin % Historical Data

The historical data trend for AFP Planvital S.A.'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.

AFP Planvital S.A. Gross Margin % Chart

AFP Planvital S.A. Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 79.07 76.14 78.14 79.10 79.72

AFP Planvital S.A. 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 79.12 78.93 79.51 78.74 81.36

Competitive Comparison of AFP Planvital S.A.'s Gross Margin %

For the Asset Management subindustry, AFP Planvital S.A.'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.


AFP Planvital S.A.'s Gross Margin % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, AFP Planvital S.A.'s Gross Margin % distribution charts can be found below:

* The bar in red indicates where AFP Planvital S.A.'s Gross Margin % falls into.



AFP Planvital S.A. Gross Margin % Calculation

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

AFP Planvital S.A.'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 )
=90653.3 / 113712.601
=(Revenue - Cost of Goods Sold) / Revenue
=(113712.601 - 23059.255) / 113712.601
=79.72 %

AFP Planvital S.A.'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 )
=26509 / 32582.661
=(Revenue - Cost of Goods Sold) / Revenue
=(32582.661 - 6073.655) / 32582.661
=81.36 %

* 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.


AFP Planvital S.A.  (XSGO:PLANVITAL) 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

AFP Planvital S.A. had a gross margin of 81.36% for the quarter that ended in Dec. 2023 => Durable 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.


AFP Planvital S.A. Gross Margin % Related Terms

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AFP Planvital S.A. (XSGO:PLANVITAL) Business Description

Traded in Other Exchanges
N/A
Address
Tenderini 127, Santiago, CHL
AFP Planvital S.A. is a Chile based pension fund administrator. Its activities include investment & collection of affiliate contributions, management of individual capitalization accounts, & provision of life & disability benefits, as well as retirement pensions. It offers professional pension management.

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