Frontier Transport Holdings (JSE:FTH) Gross Margin % : 95.93% (As of Sep. 2023)

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What is Frontier Transport Holdings Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Frontier Transport Holdings's Gross Profit for the six months ended in Sep. 2023 was R1,197 Mil. Frontier Transport Holdings's Revenue for the six months ended in Sep. 2023 was R1,247 Mil. Therefore, Frontier Transport Holdings's Gross Margin % for the quarter that ended in Sep. 2023 was 95.93%.

The historical rank and industry rank for Frontier Transport Holdings's Gross Margin % or its related term are showing as below:

JSE:FTH' s Gross Margin % Range Over the Past 10 Years
Min: 93.8 Med: 95.42 Max: 95.97
Current: 95.97

During the past 7 years, the highest Gross Margin % of Frontier Transport Holdings was 95.97%. The lowest was 93.80%. And the median was 95.42%.

JSE:FTH's Gross Margin % is ranked better than
99.47% of 949 companies
in the Transportation industry
Industry Median: 20.08 vs JSE:FTH: 95.97

Frontier Transport Holdings had a gross margin of 95.93% for the quarter that ended in Sep. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Frontier Transport Holdings was 0.30% per year.

Frontier Transport Holdings Gross Margin % Historical Data

The historical data trend for Frontier Transport Holdings'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.

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Frontier Transport Holdings Gross Margin % Chart

Frontier Transport Holdings Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Gross Margin %

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95.42

95.44

94.38

95.58

95.83

Frontier Transport Holdings Semi-Annual Data
	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Gross Margin %	Get a 7-Day Free Trial									95.45	95.69	95.65	96.01	95.93

Competitive Comparison of Frontier Transport Holdings's Gross Margin %

For the Railroads subindustry, Frontier Transport Holdings'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.

Frontier Transport Holdings's Gross Margin % Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Frontier Transport Holdings's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Frontier Transport Holdings's Gross Margin % falls into.

Frontier Transport Holdings Gross Margin % Calculation

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

Frontier Transport Holdings's Gross Margin for the fiscal year that ended in Mar. 2023 is calculated as

Gross Margin % (A: Mar. 2023 )	=	Gross Profit (A: Mar. 2023 )	/	Revenue (A: Mar. 2023 )
	=	2294.1	/	2393.841
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(2393.841 - 99.788)	/	2393.841
	=	95.83 %

Frontier Transport Holdings's Gross Margin for the quarter that ended in Sep. 2023 is calculated as

Gross Margin % (Q: Sep. 2023 )	=	Gross Profit (Q: Sep. 2023 )	/	Revenue (Q: Sep. 2023 )
	=	1196.5	/	1247.316
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(1247.316 - 50.799)	/	1247.316
	=	95.93 %

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.

Frontier Transport Holdings (JSE:FTH) 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

Frontier Transport Holdings had a gross margin of 95.93% for the quarter that ended in Sep. 2023 => Durable 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.

Frontier Transport Holdings Gross Margin % Related Terms

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Frontier Transport Holdings (JSE:FTH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Frontier Transport Holdings Ltd (JSE:FTH) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

103 Bofors Circle, Epping Industria, Cape Town, WC, ZAF, 7460

Website

http://www.hplr.co.za

Frontier Transport Holdings Ltd, formerly Hosken Passenger Logistics And Rail Ltd through its subsidiary provide a scheduled commuter bus operator in the Cape Metropole. It is engaged in the provision of passenger transport services within South Africa. The company operates in the luxury and semi-luxury coach markets.

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