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Century Pacific Food (PHS:CNPF) Gross Margin % : 26.10% (As of Mar. 2024)


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What is Century Pacific Food Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Century Pacific Food's Gross Profit for the three months ended in Mar. 2024 was ₱4,738 Mil. Century Pacific Food's Revenue for the three months ended in Mar. 2024 was ₱18,152 Mil. Therefore, Century Pacific Food's Gross Margin % for the quarter that ended in Mar. 2024 was 26.10%.


The historical rank and industry rank for Century Pacific Food's Gross Margin % or its related term are showing as below:

PHS:CNPF' s Gross Margin % Range Over the Past 10 Years
Min: 21.07   Med: 24   Max: 26.57
Current: 24.68


During the past 11 years, the highest Gross Margin % of Century Pacific Food was 26.57%. The lowest was 21.07%. And the median was 24.00%.

PHS:CNPF's Gross Margin % is ranked worse than
51.16% of 1808 companies
in the Consumer Packaged Goods industry
Industry Median: 25.085 vs PHS:CNPF: 24.68

Century Pacific Food had a gross margin of 26.10% for the quarter that ended in Mar. 2024 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Century Pacific Food was 1.10% per year.


Century Pacific Food Gross Margin % Historical Data

The historical data trend for Century Pacific Food'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.

Century Pacific Food Gross Margin % Chart

Century Pacific Food 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 23.97 24.69 23.31 23.09 24.03

Century Pacific Food 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 23.57 24.38 24.60 23.52 26.10

Competitive Comparison of Century Pacific Food's Gross Margin %

For the Packaged Foods subindustry, Century Pacific Food'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.


Century Pacific Food's Gross Margin % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Century Pacific Food's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Century Pacific Food's Gross Margin % falls into.



Century Pacific Food Gross Margin % Calculation

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

Century Pacific Food'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 )
=16133 / 67124.344
=(Revenue - Cost of Goods Sold) / Revenue
=(67124.344 - 50991.31) / 67124.344
=24.03 %

Century Pacific Food'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 )
=4737.5 / 18151.62
=(Revenue - Cost of Goods Sold) / Revenue
=(18151.62 - 13414.113) / 18151.62
=26.10 %

* 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.


Century Pacific Food  (PHS:CNPF) 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

Century Pacific Food had a gross margin of 26.10% 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.


Century Pacific Food Gross Margin % Related Terms

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


Century Pacific Food (PHS:CNPF) Business Description

Traded in Other Exchanges
N/A
Address
Julia Vargas corner Garnet Street, 7th, 8th, and 19th Floor Centerpoint Building, Ortigas Business Center, Metro Manila, Pasig, PHL, 1605
Century Pacific Food Inc is engaged in buying, selling, processing, canning, packaging, and manufacturing food products such as marine products, animal products, and agricultural crops. The business is divided into seven operating segments: Canned and Processed fish, which consists of tuna, sardines, and other marine products; Canned Meat, which consists of corned beef, meatloaf, and other meat products; Milk, which includes canned milk, powdered milk, and other dairy products; Tuna export which includes private label canned, pouched, and frozen tuna; Coco Water, which contains coconut beverages, coconut oil, and other coconut products; Packaging, which includes packaging products and Corporate, which covers management services and warehousing.

Century Pacific Food (PHS:CNPF) Headlines

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