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Bagfas Bandirma Gubre Fabrikalari AS (IST:BAGFS) Gross Margin % : -24.68% (As of Dec. 2023)


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What is Bagfas Bandirma Gubre Fabrikalari AS Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Bagfas Bandirma Gubre Fabrikalari AS's Gross Profit for the six months ended in Dec. 2023 was ₺-711 Mil. Bagfas Bandirma Gubre Fabrikalari AS's Revenue for the six months ended in Dec. 2023 was ₺2,882 Mil. Therefore, Bagfas Bandirma Gubre Fabrikalari AS's Gross Margin % for the quarter that ended in Dec. 2023 was -24.68%.


The historical rank and industry rank for Bagfas Bandirma Gubre Fabrikalari AS's Gross Margin % or its related term are showing as below:

IST:BAGFS' s Gross Margin % Range Over the Past 10 Years
Min: -24.68   Med: 17.48   Max: 38.45
Current: -24.68


During the past 13 years, the highest Gross Margin % of Bagfas Bandirma Gubre Fabrikalari AS was 38.45%. The lowest was -24.68%. And the median was 17.48%.

IST:BAGFS's Gross Margin % is ranked worse than
97.45% of 235 companies
in the Agriculture industry
Industry Median: 24.52 vs IST:BAGFS: -24.68

Bagfas Bandirma Gubre Fabrikalari AS had a gross margin of -24.68% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Bagfas Bandirma Gubre Fabrikalari AS was 0.00% per year.


Bagfas Bandirma Gubre Fabrikalari AS Gross Margin % Historical Data

The historical data trend for Bagfas Bandirma Gubre Fabrikalari 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.

Bagfas Bandirma Gubre Fabrikalari AS Gross Margin % Chart

Bagfas Bandirma Gubre Fabrikalari 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 18.32 17.06 38.45 21.95 -24.68

Bagfas Bandirma Gubre Fabrikalari AS Semi-Annual Data
Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 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 18.32 17.06 38.45 21.95 -24.68

Competitive Comparison of Bagfas Bandirma Gubre Fabrikalari AS's Gross Margin %

For the Agricultural Inputs subindustry, Bagfas Bandirma Gubre Fabrikalari 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.


Bagfas Bandirma Gubre Fabrikalari AS's Gross Margin % Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Bagfas Bandirma Gubre Fabrikalari AS's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Bagfas Bandirma Gubre Fabrikalari AS's Gross Margin % falls into.



Bagfas Bandirma Gubre Fabrikalari AS Gross Margin % Calculation

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

Bagfas Bandirma Gubre Fabrikalari 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 )
=-711.1 / 2881.875
=(Revenue - Cost of Goods Sold) / Revenue
=(2881.875 - 3593.01) / 2881.875
=-24.68 %

Bagfas Bandirma Gubre Fabrikalari 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 )
=-711.1 / 2881.875
=(Revenue - Cost of Goods Sold) / Revenue
=(2881.875 - 3593.01) / 2881.875
=-24.68 %

* 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.


Bagfas Bandirma Gubre Fabrikalari AS  (IST:BAGFS) 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

Bagfas Bandirma Gubre Fabrikalari AS had a gross margin of -24.68% for the quarter that ended in Dec. 2023 => No sustainable 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.


Bagfas Bandirma Gubre Fabrikalari AS Gross Margin % Related Terms

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Bagfas Bandirma Gubre Fabrikalari AS (IST:BAGFS) Business Description

Traded in Other Exchanges
N/A
Address
Susam Sokak No:22, Cihangir, Istanbul, TUR
Bagfas Bandirma Gubre Fabrikalari AS is a Turkey-based company involved in the business of chemical fertilizers and acids. The product portfolio of the company includes Super Granule CAN, Sulphur Composite Fertilizer, Sulphur Zinc Composite Fertilizer, Special Formulations, Phosphoric Acid, and Other specialty products.

Bagfas Bandirma Gubre Fabrikalari AS (IST:BAGFS) Headlines

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