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Bangkok Expressway and Metro PCL (STU:B4X) Gross Margin % : 44.53% (As of Mar. 2024)


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What is Bangkok Expressway and Metro PCL Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Bangkok Expressway and Metro PCL's Gross Profit for the three months ended in Mar. 2024 was €48.4 Mil. Bangkok Expressway and Metro PCL's Revenue for the three months ended in Mar. 2024 was €108.7 Mil. Therefore, Bangkok Expressway and Metro PCL's Gross Margin % for the quarter that ended in Mar. 2024 was 44.53%.


The historical rank and industry rank for Bangkok Expressway and Metro PCL's Gross Margin % or its related term are showing as below:

STU:B4X' s Gross Margin % Range Over the Past 10 Years
Min: 34.84   Med: 39.12   Max: 43.54
Current: 43.54


During the past 13 years, the highest Gross Margin % of Bangkok Expressway and Metro PCL was 43.54%. The lowest was 34.84%. And the median was 39.12%.

STU:B4X's Gross Margin % is ranked better than
84.51% of 949 companies
in the Transportation industry
Industry Median: 20.12 vs STU:B4X: 43.54

Bangkok Expressway and Metro PCL had a gross margin of 44.53% for the quarter that ended in Mar. 2024 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Bangkok Expressway and Metro PCL was 2.70% per year.


Bangkok Expressway and Metro PCL Gross Margin % Historical Data

The historical data trend for Bangkok Expressway and Metro PCL'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.

Bangkok Expressway and Metro PCL Gross Margin % Chart

Bangkok Expressway and Metro PCL 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 35.99 37.53 34.84 39.79 43.14

Bangkok Expressway and Metro PCL 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 42.94 40.29 42.83 46.30 44.53

Competitive Comparison of Bangkok Expressway and Metro PCL's Gross Margin %

For the Railroads subindustry, Bangkok Expressway and Metro PCL'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.


Bangkok Expressway and Metro PCL's Gross Margin % Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Bangkok Expressway and Metro PCL's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Bangkok Expressway and Metro PCL's Gross Margin % falls into.



Bangkok Expressway and Metro PCL Gross Margin % Calculation

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

Bangkok Expressway and Metro PCL'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 )
=185.2 / 429.243
=(Revenue - Cost of Goods Sold) / Revenue
=(429.243 - 244.077) / 429.243
=43.14 %

Bangkok Expressway and Metro PCL'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 )
=48.4 / 108.74
=(Revenue - Cost of Goods Sold) / Revenue
=(108.74 - 60.321) / 108.74
=44.53 %

* 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.


Bangkok Expressway and Metro PCL  (STU:B4X) 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

Bangkok Expressway and Metro PCL had a gross margin of 44.53% for the quarter that ended in Mar. 2024 => 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.


Bangkok Expressway and Metro PCL Gross Margin % Related Terms

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Bangkok Expressway and Metro PCL (STU:B4X) Business Description

Traded in Other Exchanges
Address
587 Sutthisarn Road, Ratchacaphisek Subdistrict, Dindaeng District, Bangkok, THA, 10310
Bangkok Expressway and Metro PCL and its subsidiaries are engaged in the construction and management of expressways and the operation of metro lines in Thailand. In conjunction with the operation of the Metro Blue Line, the company also handles the advertising and telecommunications maintenance in the trains and stations. Its segments include the Expressway business segment; Rail business segment; Commercial development business segment; and Other segments. The maximum revenue is derived from the Expressway business segment. Additionally, the company leases the retail spaces in the Blue Line metro stations as well as the areas around the expressways.

Bangkok Expressway and Metro PCL (STU:B4X) Headlines

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