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Shakey's Pizza Asia Ventures (PHS:PIZZA) Gross Margin % : 23.27% (As of Mar. 2024)


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What is Shakey's Pizza Asia Ventures Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Shakey's Pizza Asia Ventures's Gross Profit for the three months ended in Mar. 2024 was ₱719 Mil. Shakey's Pizza Asia Ventures's Revenue for the three months ended in Mar. 2024 was ₱3,091 Mil. Therefore, Shakey's Pizza Asia Ventures's Gross Margin % for the quarter that ended in Mar. 2024 was 23.27%.

Warning Sign:

Shakey's Pizza Asia Ventures Inc gross margin has been in long-term decline. The average rate of decline per year is -3.9%.


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

PHS:PIZZA' s Gross Margin % Range Over the Past 10 Years
Min: 17.61   Med: 24.42   Max: 30.06
Current: 23


During the past 11 years, the highest Gross Margin % of Shakey's Pizza Asia Ventures was 30.06%. The lowest was 17.61%. And the median was 24.42%.

PHS:PIZZA's Gross Margin % is ranked worse than
83.04% of 342 companies
in the Restaurants industry
Industry Median: 47.36 vs PHS:PIZZA: 23.00

Shakey's Pizza Asia Ventures had a gross margin of 23.27% for the quarter that ended in Mar. 2024 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Shakey's Pizza Asia Ventures was -3.90% per year.


Shakey's Pizza Asia Ventures Gross Margin % Historical Data

The historical data trend for Shakey's Pizza Asia Ventures'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.

Shakey's Pizza Asia Ventures Gross Margin % Chart

Shakey's Pizza Asia Ventures 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 29.28 17.61 23.24 25.59 22.31

Shakey's Pizza Asia Ventures Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 21.69 21.39 22.60 24.75 23.27

Competitive Comparison of Shakey's Pizza Asia Ventures's Gross Margin %

For the Restaurants subindustry, Shakey's Pizza Asia Ventures'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.


Shakey's Pizza Asia Ventures's Gross Margin % Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Shakey's Pizza Asia Ventures's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Shakey's Pizza Asia Ventures's Gross Margin % falls into.



Shakey's Pizza Asia Ventures Gross Margin % Calculation

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

Shakey's Pizza Asia Ventures'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 )
=3150.9 / 14126.092
=(Revenue - Cost of Goods Sold) / Revenue
=(14126.092 - 10975.221) / 14126.092
=22.31 %

Shakey's Pizza Asia Ventures's Gross Margin for the quarter that ended in Mar. 2024 is calculated as


Gross Margin % (Q: Mar. 2024 )=Gross Profit (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=719.1 / 3090.791
=(Revenue - Cost of Goods Sold) / Revenue
=(3090.791 - 2371.65) / 3090.791
=23.27 %

* 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.


Shakey's Pizza Asia Ventures  (PHS:PIZZA) 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

Shakey's Pizza Asia Ventures had a gross margin of 23.27% for the quarter that ended in Mar. 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.


Shakey's Pizza Asia Ventures Gross Margin % Related Terms

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Shakey's Pizza Asia Ventures (PHS:PIZZA) Business Description

Traded in Other Exchanges
N/A
Address
15 Km East Service Road, Corner Marian Road 2, Barangay San Martin De Porres, Paranaque, PHL, 1700
Shakey's Pizza Asia Ventures Inc owns and operates a franchise pizza restaurant in the Philippines. The company owns the rights and trademarks in Asia (except Malaysia and Japan), China, Middle East, Australia, and Oceania. Its reporting segments are Restaurant, Franchise and royalty fees and commissary, and others. Restaurant sales comprise revenues from restaurant activities and sale of merchandise and equipment to franchisees, Franchise and royalty fees represent payment of sub-dealers for use of the Shakey's brand, and Commissary sales comprise of third-party sales other than aforementioned activities. The company generates a majority of its revenue from restaurants.

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