P

PPC Ltd
JSE:PPC

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PPC Ltd
JSE:PPC
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Price: 617 Zac 0.49% Market Closed
Market Cap: 9.6B ZAR

Gross Margin

20.5%
Current
Improving
by 3.1%
vs 3-y average of 17.4%

Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.

Gross Margin
20.5%
=
Gross Profit
2.1B
/
Revenue
10.2B

Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.

Gross Margin
20.5%
=
Gross Profit
Zac2.1B
/
Revenue
10.2B

Peer Comparison

Country Company Market Cap Gross
Margin
ZA
PPC Ltd
JSE:PPC
9.1B ZAR
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ZA
Mr Price Group Ltd
JSE:MRP
45.9B ZAR
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IE
CRH PLC
NYSE:CRH
81.9B USD
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CH
Holcim AG
SIX:HOLN
40.8B CHF
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DE
HeidelbergCement AG
XETRA:HEI
37B EUR
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IN
UltraTech Cement Ltd
NSE:ULTRACEMCO
3.8T INR
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US
Vulcan Materials Co
NYSE:VMC
41.1B USD
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US
Martin Marietta Materials Inc
NYSE:MLM
40.5B USD
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US
Amrize AG
SIX:AMRZ
24.1B CHF
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DE
Heidelberg Materials AG
XMUN:HEI
24.4B EUR
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IN
Grasim Industries Ltd
NSE:GRASIM
1.9T INR
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Market Distribution

Lower than 86% of companies in South Africa
Percentile
14th
Based on 25 companies
14th percentile
20.5%
Low
-0.2% — 34.5%
Typical Range
34.5% — 46.1%
High
46.1% — 1 556.3%
Distribution Statistics
South Africa
Min -0.2%
30th Percentile 34.5%
Median 45.2%
70th Percentile 46.1%
Max 1 556.3%

PPC Ltd
Glance View

Market Cap
9.6B Zac
Industry
Construction

Perched at the forefront of the cement industry in Africa, PPC Ltd. has carved out its business success story through a blend of strategic ingenuity and an unwavering commitment to quality. Established in 1892, PPC Ltd. (formerly Pretoria Portland Cement Company Limited) has evolved from a small, local enterprise in South Africa into a formidable player on the continent's construction landscape. At the heart of its operations lies a vast network of cement plants and milling facilities that dot the regions of Southern Africa, including South Africa, Botswana, Democratic Republic of Congo, Zimbabwe, and Rwanda. Each of these facilities churning out high-quality cement, a crucial ingredient in infrastructure development, which forms the backbone of both everyday utilities and large-scale infrastructural projects. PPC Ltd.'s revenue model hinges on its ability to supply premium cement and lime products to a diverse market that spans residential, commercial, industrial, and infrastructure sectors. As cities burgeon and economies develop, the demand for strong, reliable construction materials escalates, positioning PPC at a vital junction in the economic supply chain. To further augment its market position, the company has invested heavily in vertical integration opportunities, ensuring cost efficiencies and fostering self-reliance in the procurement of raw materials. Through strategic market intelligence and sustainable practices, including an emphasis on utilizing alternative fuels and reducing carbon footprints, PPC not only stands as a beacon of industrial strength but also prioritizes its role in the sustainable development of the regions it serves.

PPC Intrinsic Value
HIDDEN
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What is Gross Margin?
Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.
How is Gross Margin calculated?

Gross Margin is calculated by dividing the Gross Profit by the Revenue.

Gross Margin
20.5%
=
Gross Profit
2.1B
/
Revenue
10.2B
What is PPC Ltd's current Gross Margin?

The current Gross Margin for PPC Ltd is 20.5%, which is above its 3-year median of 17.4%.

How has Gross Margin changed over time?

Over the last 3 years, PPC Ltd’s Gross Margin has increased from 12.7% to 20.5%. During this period, it reached a low of 12.7% on Sep 30, 2022 and a high of 20.5% on Sep 30, 2025.

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