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Glenveagh Properties (DUB:GVR) Gross Margin % : 19.43% (As of Dec. 2023)


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What is Glenveagh Properties Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Glenveagh Properties's Gross Profit for the six months ended in Dec. 2023 was €84.8 Mil. Glenveagh Properties's Revenue for the six months ended in Dec. 2023 was €436.4 Mil. Therefore, Glenveagh Properties's Gross Margin % for the quarter that ended in Dec. 2023 was 19.43%.


The historical rank and industry rank for Glenveagh Properties's Gross Margin % or its related term are showing as below:

DUB:GVR' s Gross Margin % Range Over the Past 10 Years
Min: 4.08   Med: 17.76   Max: 18.54
Current: 18.54


During the past 7 years, the highest Gross Margin % of Glenveagh Properties was 18.54%. The lowest was 4.08%. And the median was 17.76%.

DUB:GVR's Gross Margin % is ranked worse than
68.37% of 98 companies
in the Homebuilding & Construction industry
Industry Median: 22.075 vs DUB:GVR: 18.54

Glenveagh Properties had a gross margin of 19.43% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Glenveagh Properties was 3.90% per year.


Glenveagh Properties Gross Margin % Historical Data

The historical data trend for Glenveagh Properties'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.

Glenveagh Properties Gross Margin % Chart

Glenveagh Properties Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial 18.09 4.08 17.42 16.76 18.54

Glenveagh Properties Semi-Annual Data
Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 17.66 16.43 16.91 16.28 19.43

Competitive Comparison of Glenveagh Properties's Gross Margin %

For the Residential Construction subindustry, Glenveagh Properties'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.


Glenveagh Properties's Gross Margin % Distribution in the Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, Glenveagh Properties's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Glenveagh Properties's Gross Margin % falls into.



Glenveagh Properties Gross Margin % Calculation

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

Glenveagh Properties'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 )
=112.7 / 607.938
=(Revenue - Cost of Goods Sold) / Revenue
=(607.938 - 495.207) / 607.938
=18.54 %

Glenveagh Properties's Gross Margin for the quarter that ended in Dec. 2023 is calculated as


Gross Margin % (Q: Dec. 2023 )=Gross Profit (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=84.8 / 436.357
=(Revenue - Cost of Goods Sold) / Revenue
=(436.357 - 351.56) / 436.357
=19.43 %

* 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.


Glenveagh Properties  (DUB:GVR) 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

Glenveagh Properties had a gross margin of 19.43% for the quarter that ended in Dec. 2023 => No sustainable 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.


Glenveagh Properties Gross Margin % Related Terms

Thank you for viewing the detailed overview of Glenveagh Properties's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Glenveagh Properties (DUB:GVR) Business Description

Traded in Other Exchanges
Address
Block B, Straffan Road, Maynooth Business Campus, Maynooth, Kildare, IRL, W23 W5X7
Glenveagh Properties PLC is engaged in homebuilding in Ireland. The company is organised into three key reportable segments, 1) The Suburban segment is engaged in housing (with some low rise apartments) with demand coming from private buyers and institutions. 2) Urban segment is engaged in developing apartments to deliver to institutional investors. The apartments are located primarily in Dublin and Cork, but also on sites adjacent to significant rail transportation hubs. 3) Partnerships segment involves the Government, local authorities, or state agencies contributing their land on a reduced cost, or phased basis into a development agreement with Glenveagh. Approximately 50% of the product is delivered back to the government or local authority via social and affordable homes.

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