GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Seef Properties BSC (BAH:SEEF) » Definitions » Gross Margin %

Seef Properties BSC (BAH:SEEF) Gross Margin % : 74.66% (As of Mar. 2024)


View and export this data going back to 2007. Start your Free Trial

What is Seef Properties BSC Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Seef Properties BSC's Gross Profit for the three months ended in Mar. 2024 was BHD2.58 Mil. Seef Properties BSC's Revenue for the three months ended in Mar. 2024 was BHD3.45 Mil. Therefore, Seef Properties BSC's Gross Margin % for the quarter that ended in Mar. 2024 was 74.66%.

Warning Sign:

Seef Properties BSC gross margin has been in long-term decline. The average rate of decline per year is -1.2%.


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

BAH:SEEF' s Gross Margin % Range Over the Past 10 Years
Min: 74   Med: 79.37   Max: 83.01
Current: 74.48


During the past 13 years, the highest Gross Margin % of Seef Properties BSC was 83.01%. The lowest was 74.00%. And the median was 79.37%.

BAH:SEEF's Gross Margin % is ranked better than
85.44% of 1655 companies
in the Real Estate industry
Industry Median: 36.34 vs BAH:SEEF: 74.48

Seef Properties BSC had a gross margin of 74.66% for the quarter that ended in Mar. 2024 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Seef Properties BSC was -1.20% per year.


Seef Properties BSC Gross Margin % Historical Data

The historical data trend for Seef Properties BSC'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.

Seef Properties BSC Gross Margin % Chart

Seef Properties BSC Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 81.59 83.01 80.34 74.00 75.35

Seef Properties BSC Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Gross 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 78.72 76.64 70.87 75.79 74.66

Competitive Comparison of Seef Properties BSC's Gross Margin %

For the Real Estate Services subindustry, Seef Properties BSC'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.


Seef Properties BSC's Gross Margin % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Seef Properties BSC's Gross Margin % distribution charts can be found below:

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



Seef Properties BSC Gross Margin % Calculation

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

Seef Properties BSC'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 )
=11.4 / 15.11
=(Revenue - Cost of Goods Sold) / Revenue
=(15.11 - 3.725) / 15.11
=75.35 %

Seef Properties BSC's Gross Margin for the quarter that ended in Mar. 2024 is calculated as


Gross Margin % (Q: Mar. 2024 )=Gross Profit (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=2.6 / 3.453
=(Revenue - Cost of Goods Sold) / Revenue
=(3.453 - 0.875) / 3.453
=74.66 %

* 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.


Seef Properties BSC  (BAH:SEEF) 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

Seef Properties BSC had a gross margin of 74.66% for the quarter that ended in Mar. 2024 => Durable 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.


Seef Properties BSC Gross Margin % Related Terms

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


Seef Properties BSC (BAH:SEEF) Business Description

Traded in Other Exchanges
N/A
Address
Building 2102, Road 2825, Block 428, P.O. Box 20084,, Seef District, Manama, BHR
Seef Properties BSC is an integrated real estate development company in the Kingdom of Bahrain. The company specialised in developing and managing commercial leisure and recreational facilities. It also owns and manages three Seef Malls located in different areas around the Kingdom. Magic Island, is an Indoor theme park located within its Malls. Al Liwan, a mixed-use development project, and Fraser Suites Seef Bahrain serviced apartments located in Seef Mall and managed by Fraser Suites, a global hospitality brand.

Seef Properties BSC (BAH:SEEF) Headlines

No Headlines