Mercan Kimya Sanayi ve Ticaret AS
IST:MERCN.E

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Mercan Kimya Sanayi ve Ticaret AS Logo
Mercan Kimya Sanayi ve Ticaret AS
IST:MERCN.E
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Price: 16.42 TRY -3.98% Market Closed
Market Cap: ₺3.1B

Gross Margin

22.6%
Current
Improving
by 3.1%
vs 3-y average of 19.6%

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
22.6%
=
Gross Profit
₺593.4m
/
Revenue
₺2.6B

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
22.6%
=
Gross Profit
₺593.4m
/
Revenue
₺2.6B

Peer Comparison

Country Company Market Cap Gross
Margin
TR
Mercan Kimya Sanayi ve Ticaret AS
IST:MERCN.E
3.1B TRY
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SA
Saudi Basic Industries Corporation SJSC
SAU:2010
228.3B SAR
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ID
Chandra Asri Pacific PT Tbk
OTC:PTPIF
45.6B USD
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ID
Chandra Asri Petrochemical Tbk PT
IDX:TPIA
612T IDR
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CN
Hengli Petrochemical Co Ltd
SSE:600346
169.3B CNY
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US
Dow Inc
NYSE:DOW
22.6B USD
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CN
Rongsheng Petrochemical Co Ltd
SZSE:002493
132B CNY
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TW
Nan Ya Plastics Corp
TWSE:1303
590.8B TWD
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UK
LyondellBasell Industries NV
NYSE:LYB
17.7B USD
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KR
LG Chem Ltd
KRX:051910
23.8T KRW
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KR
Ecopro Co Ltd
KOSDAQ:086520
20.9T KRW
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Market Distribution

In line with most companies in Turkey
Percentile
54rd
Based on 546 companies
54rd percentile
22.6%
Low
-74.5% — 12.5%
Typical Range
12.5% — 31.9%
High
31.9% — 1 615.2%
Distribution Statistics
Turkey
Min -74.5%
30th Percentile 12.5%
Median 20.8%
70th Percentile 31.9%
Max 1 615.2%

Mercan Kimya Sanayi ve Ticaret AS
Glance View

Market Cap
3.1B TRY
Industry
Chemicals

Mercan Kimya Sanayi ve Ticaret AS engages in the manufacture of paraffin products. The main activity of the entity is to produce, buy and sell paraffin, emulsion, petroleum jelly and liquid paraffin. Chemicals produced by Mercan Kimya, wax, matches, paper, textile, battery, lamination, gunpowder, pencil, crayons, polishing, enamel, cable, chrome plating, precision casting, leather, knitwear, electronic circuit soldering, chipboard, egg tray, concrete mold making, concrete additives are used in various industries apart from these. The annual production of the entity is 88,127 tons, export to 85 countries in 5 continents. Mercan Kimya has three group companies under its roof; Cosmer Kimya, Dermokim Kimya and Rowax Global.

MERCN.E Intrinsic Value
12.03 TRY
Overvaluation 27%
Intrinsic Value
Price
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
22.6%
=
Gross Profit
₺593.4m
/
Revenue
₺2.6B
What is Mercan Kimya Sanayi ve Ticaret AS's current Gross Margin?

The current Gross Margin for Mercan Kimya Sanayi ve Ticaret AS is 22.6%, which is above its 3-year median of 19.6%.

How has Gross Margin changed over time?

Over the last 3 years, Mercan Kimya Sanayi ve Ticaret AS’s Gross Margin has decreased from 27.5% to 22.6%. During this period, it reached a low of 16.3% on Sep 30, 2024 and a high of 27.5% on May 30, 2022.

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