S

SoCar Inc
KRX:403550

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SoCar Inc
KRX:403550
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Price: 11 790 KRW -1.26% Market Closed
Market Cap: ₩387.2B

Gross Margin

88.4%
Current
Improving
by 4%
vs 3-y average of 84.4%

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
88.4%
=
Gross Profit
₩410.5B
/
Revenue
₩464.4B

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
88.4%
=
Gross Profit
₩410.5B
/
Revenue
₩464.4B

Peer Comparison

Country Company Market Cap Gross
Margin
KR
SoCar Inc
KRX:403550
387.2B KRW
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BR
Localiza Rent a Car SA
BOVESPA:RENT3
54B BRL
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DE
Sixt SE
XETRA:SIX2
3.1B EUR
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US
Avis Budget Group Inc
NASDAQ:CAR
3.4B USD
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FR
Europcar Mobility Group SA
F:E7CD
2.5B EUR
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CN
CAR Inc
HKEX:699
22.7B HKD
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ZA
Zeda Ltd
JSE:ZZD
2.6B ZAR
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SA
United International Transportation Company SJSC
SAU:4260
6.7B SAR
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SA
Seera Holding Group SJSC
SAU:1810
6.3B SAR
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TR
LDR Turizm AS
IST:LIDER.E
66B TRY
Loading...
US
Hertz Global Holdings Inc
NASDAQ:HTZ
1.4B USD
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Market Distribution

Higher than 97% of companies in Korea
Percentile
97th
Based on 2 511 companies
97th percentile
88.4%
Low
-646.5% — 12.8%
Typical Range
12.8% — 32.2%
High
32.2% — 54 001.3%
Distribution Statistics
Korea
Min -646.5%
30th Percentile 12.8%
Median 19.7%
70th Percentile 32.2%
Max 54 001.3%

SoCar Inc
Glance View

Market Cap
387.2B KRW
Industry
Road & Rail

SoCar Inc is a Korea-based company mainly engaged in the car-sharing business. The Company is engaged in the provision of platform parking services, micro mobility services and others. In addition, the Company is engaged in the development and supply of software related to the car rental business.

Intrinsic Value
15 270.45 KRW
Undervaluation 23%
Intrinsic Value
Price
S
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
88.4%
=
Gross Profit
₩410.5B
/
Revenue
₩464.4B
What is SoCar Inc's current Gross Margin?

The current Gross Margin for SoCar Inc is 88.4%, which is above its 3-year median of 84.4%.

How has Gross Margin changed over time?

Over the last 3 years, SoCar Inc’s Gross Margin has increased from 87.9% to 88.4%. During this period, it reached a low of 39.6% on Mar 31, 2023 and a high of 98.6% on Sep 30, 2024.

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