GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Anadolu Efes Biracilik ve Malt Sanayi AS (OTCPK:AEBZY) » Definitions » Gross Margin %

Anadolu Efes Biracilik ve Maltnayi AS (Anadolu Efes Biracilik ve Maltnayi AS) Gross Margin % : 29.08% (As of Dec. 2023)


View and export this data going back to 2002. Start your Free Trial

What is Anadolu Efes Biracilik ve Maltnayi AS Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Anadolu Efes Biracilik ve Maltnayi AS's Gross Profit for the three months ended in Dec. 2023 was $475 Mil. Anadolu Efes Biracilik ve Maltnayi AS's Revenue for the three months ended in Dec. 2023 was $1,634 Mil. Therefore, Anadolu Efes Biracilik ve Maltnayi AS's Gross Margin % for the quarter that ended in Dec. 2023 was 29.08%.


The historical rank and industry rank for Anadolu Efes Biracilik ve Maltnayi AS's Gross Margin % or its related term are showing as below:

AEBZY' s Gross Margin % Range Over the Past 10 Years
Min: 34.54   Med: 37.54   Max: 42.93
Current: 36.9


During the past 13 years, the highest Gross Margin % of Anadolu Efes Biracilik ve Maltnayi AS was 42.93%. The lowest was 34.54%. And the median was 37.54%.

AEBZY's Gross Margin % is ranked worse than
57% of 207 companies
in the Beverages - Alcoholic industry
Industry Median: 38.78 vs AEBZY: 36.90

Anadolu Efes Biracilik ve Maltnayi AS had a gross margin of 29.08% for the quarter that ended in Dec. 2023 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Anadolu Efes Biracilik ve Maltnayi AS was -0.60% per year.


Anadolu Efes Biracilik ve Maltnayi AS Gross Margin % Historical Data

The historical data trend for Anadolu Efes Biracilik ve Maltnayi AS'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.

Anadolu Efes Biracilik ve Maltnayi AS Gross Margin % Chart

Anadolu Efes Biracilik ve Maltnayi AS 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 37.94 37.18 36.00 34.54 36.90

Anadolu Efes Biracilik ve Maltnayi AS 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 32.74 36.95 39.82 42.13 29.08

Competitive Comparison of Anadolu Efes Biracilik ve Maltnayi AS's Gross Margin %

For the Beverages - Brewers subindustry, Anadolu Efes Biracilik ve Maltnayi AS'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.


Anadolu Efes Biracilik ve Maltnayi AS's Gross Margin % Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Anadolu Efes Biracilik ve Maltnayi AS's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Anadolu Efes Biracilik ve Maltnayi AS's Gross Margin % falls into.



Anadolu Efes Biracilik ve Maltnayi AS Gross Margin % Calculation

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

Anadolu Efes Biracilik ve Maltnayi AS'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 )
=2029 / 5498.194
=(Revenue - Cost of Goods Sold) / Revenue
=(5498.194 - 3469.172) / 5498.194
=36.90 %

Anadolu Efes Biracilik ve Maltnayi AS'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 )
=475.1 / 1634.172
=(Revenue - Cost of Goods Sold) / Revenue
=(1634.172 - 1159.029) / 1634.172
=29.08 %

* 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.


Anadolu Efes Biracilik ve Maltnayi AS  (OTCPK:AEBZY) 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

Anadolu Efes Biracilik ve Maltnayi AS had a gross margin of 29.08% for the quarter that ended in Dec. 2023 => 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.


Anadolu Efes Biracilik ve Maltnayi AS Gross Margin % Related Terms

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


Anadolu Efes Biracilik ve Maltnayi AS (Anadolu Efes Biracilik ve Maltnayi AS) Business Description

Traded in Other Exchanges
Address
Fatih Sultan Mehmet Mah. Balkan Cad. No:58, Buyaka E Blok Tepeüstü, Istanbul, TUR, 34771
Anadolu Efes Biracilik ve Malt Sanayi AS produces and distributes beer, sparkling, and still beverages under a number of different brand names. It has joint control over Coca-Cola Icecek, which has the rights to sell Coca-Cola products in Turkey, Pakistan, Central Asia, and the Middle East. Sparkling and still beverages account for more than half of the company's total revenue. Beer sales account for the remaining revenue, with beer sales outside of Turkey (mainly in Russia, Kazakhstan, Georgia, and Moldova) collectively providing more revenue than beer sales in Turkey. The company has breweries, bottling plants, and other production facilities in more than a dozen countries, primarily Turkey and Russia.

Anadolu Efes Biracilik ve Maltnayi AS (Anadolu Efes Biracilik ve Maltnayi AS) Headlines