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CP All PCL (BKK:CPALL) Operating Margin % : 5.19% (As of Dec. 2023)


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What is CP All PCL Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. CP All PCL's Operating Income for the three months ended in Dec. 2023 was ฿12,119 Mil. CP All PCL's Revenue for the three months ended in Dec. 2023 was ฿233,732 Mil. Therefore, CP All PCL's Operating Margin % for the quarter that ended in Dec. 2023 was 5.19%.

Warning Sign:

CP All PCL operating margin has been in a 5-year decline. The average rate of decline per year is -7.5%.

The historical rank and industry rank for CP All PCL's Operating Margin % or its related term are showing as below:

BKK:CPALL' s Operating Margin % Range Over the Past 10 Years
Min: 4.25   Med: 5.87   Max: 6.64
Current: 4.63


BKK:CPALL's Operating Margin % is ranked better than
66.77% of 313 companies
in the Retail - Defensive industry
Industry Median: 3.23 vs BKK:CPALL: 4.63

CP All PCL's 5-Year Average Operating Margin % Growth Rate was -7.50% per year.

CP All PCL's Operating Income for the three months ended in Dec. 2023 was ฿12,119 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2023 was ฿41,451 Mil.


CP All PCL Operating Margin % Historical Data

The historical data trend for CP All PCL's Operating 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.

CP All PCL Operating Margin % Chart

CP All PCL Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Operating Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.01 5.22 4.25 4.32 4.63

CP All PCL Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Operating 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 4.26 4.52 4.43 4.35 5.19

Competitive Comparison of CP All PCL's Operating Margin %

For the Grocery Stores subindustry, CP All PCL's Operating Margin %, along with its competitors' market caps and Operating 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.


CP All PCL's Operating Margin % Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, CP All PCL's Operating Margin % distribution charts can be found below:

* The bar in red indicates where CP All PCL's Operating Margin % falls into.



CP All PCL Operating Margin % Calculation

Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.

CP All PCL's Operating Margin % for the fiscal year that ended in Dec. 2023 is calculated as

Operating Margin %=Operating Income (A: Dec. 2023 ) / Revenue (A: Dec. 2023 )
=41451.459 / 895280.954
=4.63 %

CP All PCL's Operating Margin % for the quarter that ended in Dec. 2023 is calculated as

Operating Margin %=Operating Income (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=12119.195 / 233732.464
=5.19 %

* 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.


CP All PCL  (BKK:CPALL) Operating Margin % Explanation

Just like Gross Margin %, it is important to see a company maintains its operating margin over time. Among the same industry, a company with higher operating margin is more efficient in its operation. It is also more stable during industry slowdown or recessions. Peter Lynch prefers those with higher margins than those with lower margins.


Be Aware

Operating Margin % can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin % may decline. Often the Operating Margin % declines well before the company's Revenue or even profit decline. Therefore, Operating Margin % is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia’s Operating Margin % had already been in decline since 2002, although its Earnings per Share (Diluted) were still rising. Investors who paid attention to Operating Margin % would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin % is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


CP All PCL Operating Margin % Related Terms

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CP All PCL (BKK:CPALL) Business Description

Address
Silom Road, 313 C.P. Tower, 24th Floor, Kwang Silom, Khet Bang Rak, Bangkok, THA, 10500
CP All PCL is the sole operator of 7-Eleven convenience stores in Thailand. Almost half of the stores are located in Bangkok and its vicinities, with the remaining located in provincial areas. The company also operates other related businesses, such as bill payment collection services, manufacturing and sale of convenience food and bakery products, sale and maintenance of retail equipment, payment for products and services, information technology services, logistics services, marketing services, educational institution, and training and business seminar services, including catalog sales and e-commerce businesses. CP All has four reportable segments: convenience stores, wholesale, retail and mall, and others.

CP All PCL (BKK:CPALL) Headlines

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