GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Indofood Agri Resources Ltd (SGX:5JS) » Definitions » Gross Margin %

Indofood Agri Resources (SGX:5JS) Gross Margin % : 22.23% (As of Jun. 2024)


View and export this data going back to 2007. Start your Free Trial

What is Indofood Agri Resources Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Indofood Agri Resources's Gross Profit for the six months ended in Jun. 2024 was S$135 Mil. Indofood Agri Resources's Revenue for the six months ended in Jun. 2024 was S$609 Mil. Therefore, Indofood Agri Resources's Gross Margin % for the quarter that ended in Jun. 2024 was 22.23%.


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

SGX:5JS' s Gross Margin % Range Over the Past 10 Years
Min: 14.84   Med: 20.99   Max: 28.52
Current: 23.41


During the past 13 years, the highest Gross Margin % of Indofood Agri Resources was 28.52%. The lowest was 14.84%. And the median was 20.99%.

SGX:5JS's Gross Margin % is ranked worse than
54.94% of 1831 companies
in the Consumer Packaged Goods industry
Industry Median: 25.36 vs SGX:5JS: 23.41

Indofood Agri Resources had a gross margin of 22.23% for the quarter that ended in Jun. 2024 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Indofood Agri Resources was 9.70% per year.


Indofood Agri Resources Gross Margin % Historical Data

The historical data trend for Indofood Agri Resources'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.

Indofood Agri Resources Gross Margin % Chart

Indofood Agri Resources 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 14.84 20.16 25.80 25.61 20.51

Indofood Agri Resources Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 26.79 24.64 16.20 24.41 22.23

Competitive Comparison of Indofood Agri Resources's Gross Margin %

For the Packaged Foods subindustry, Indofood Agri Resources'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.


Indofood Agri Resources's Gross Margin % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Indofood Agri Resources's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Indofood Agri Resources's Gross Margin % falls into.



Indofood Agri Resources Gross Margin % Calculation

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

Indofood Agri Resources'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 )
=283.6 / 1382.807
=(Revenue - Cost of Goods Sold) / Revenue
=(1382.807 - 1099.226) / 1382.807
=20.51 %

Indofood Agri Resources's Gross Margin for the quarter that ended in Jun. 2024 is calculated as


Gross Margin % (Q: Jun. 2024 )=Gross Profit (Q: Jun. 2024 ) / Revenue (Q: Jun. 2024 )
=135.5 / 609.46
=(Revenue - Cost of Goods Sold) / Revenue
=(609.46 - 473.977) / 609.46
=22.23 %

* 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.


Indofood Agri Resources  (SGX:5JS) 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

Indofood Agri Resources had a gross margin of 22.23% for the quarter that ended in Jun. 2024 => 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.


Indofood Agri Resources Gross Margin % Related Terms

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


Indofood Agri Resources Business Description

Traded in Other Exchanges
Address
8 Eu Tong Sen Street, No. 16-96/97 The Central, Singapore, SGP, 059818
Indofood Agri Resources Ltd is engaged in agribusiness. The principal activities of the firm include research and development, oil palm seed breeding, cultivation of oil palm plantations, production and refining of crude palm oil, sugarcane and industrial timber plantations and, marketing and selling end products. It operates through following segments: Plantations, Edible Oils and Fats and others segment. The Plantations segment develops and maintains oil palm, rubber and sugar cane plantations, and other business activities relating to palm oil, rubber and sugar cane processing, marketing, and selling. The Edible Oils and Fats segment which generates majority revenue produces, markets, and sells edible oil, margarine, shortening, and other related products and its derivative products.

Indofood Agri Resources Headlines

No Headlines