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Aluminium du Maroc (CAS:ALM) Gross Margin % : 27.60% (As of Dec. 2023)


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What is Aluminium du Maroc Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Aluminium du Maroc's Gross Profit for the six months ended in Dec. 2023 was MAD165 Mil. Aluminium du Maroc's Revenue for the six months ended in Dec. 2023 was MAD599 Mil. Therefore, Aluminium du Maroc's Gross Margin % for the quarter that ended in Dec. 2023 was 27.60%.


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

CAS:ALM' s Gross Margin % Range Over the Past 10 Years
Min: 24.33   Med: 27.47   Max: 31.94
Current: 26.01


During the past 12 years, the highest Gross Margin % of Aluminium du Maroc was 31.94%. The lowest was 24.33%. And the median was 27.47%.

CAS:ALM's Gross Margin % is ranked better than
59.8% of 704 companies
in the Metals & Mining industry
Industry Median: 19.22 vs CAS:ALM: 26.01

Aluminium du Maroc had a gross margin of 27.60% for the quarter that ended in Dec. 2023 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Aluminium du Maroc was 0.30% per year.


Aluminium du Maroc Gross Margin % Historical Data

The historical data trend for Aluminium du Maroc'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.

Aluminium du Maroc Gross Margin % Chart

Aluminium du Maroc 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 27.66 28.57 31.94 24.64 26.01

Aluminium du Maroc Semi-Annual Data
Dec13 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 32.62 26.37 22.34 24.59 27.60

Competitive Comparison of Aluminium du Maroc's Gross Margin %

For the Aluminum subindustry, Aluminium du Maroc'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.


Aluminium du Maroc's Gross Margin % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Aluminium du Maroc's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Aluminium du Maroc's Gross Margin % falls into.



Aluminium du Maroc Gross Margin % Calculation

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

Aluminium du Maroc'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 )
=330.4 / 1270.02
=(Revenue - Cost of Goods Sold) / Revenue
=(1270.02 - 939.66) / 1270.02
=26.01 %

Aluminium du Maroc'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 )
=165.4 / 599.258
=(Revenue - Cost of Goods Sold) / Revenue
=(599.258 - 433.836) / 599.258
=27.60 %

* 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.


Aluminium du Maroc  (CAS:ALM) 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

Aluminium du Maroc had a gross margin of 27.60% 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.


Aluminium du Maroc Gross Margin % Related Terms

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Aluminium du Maroc (CAS:ALM) Business Description

Traded in Other Exchanges
N/A
Address
Industrial Zone - Tetouan Road, BP 324, Tangier, MAR, 90000
Aluminium du Maroc is engaged in design and manufacture of aluminum alloy profiles for building and industry. The company's products portfolio includes sliders, doors, roofing, facades, pool barrier, strikes, bodyguards, shutters, and portals.

Aluminium du Maroc (CAS:ALM) Headlines

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