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ZIRAAT GAYRIMENKUL YATIRIM ORTAKLIGI AS (IST:ZRGYO) Gross Margin % : 89.92% (As of Sep. 2023)


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What is ZIRAAT GAYRIMENKUL YATIRIM ORTAKLIGI AS Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. ZIRAAT GAYRIMENKUL YATIRIM ORTAKLIGI AS's Gross Profit for the three months ended in Sep. 2023 was ₺180 Mil. ZIRAAT GAYRIMENKUL YATIRIM ORTAKLIGI AS's Revenue for the three months ended in Sep. 2023 was ₺200 Mil. Therefore, ZIRAAT GAYRIMENKUL YATIRIM ORTAKLIGI AS's Gross Margin % for the quarter that ended in Sep. 2023 was 89.92%.


The historical rank and industry rank for ZIRAAT GAYRIMENKUL YATIRIM ORTAKLIGI AS's Gross Margin % or its related term are showing as below:

IST:ZRGYO' s Gross Margin % Range Over the Past 10 Years
Min: 25.01   Med: 48.04   Max: 96.68
Current: 25.01


During the past 5 years, the highest Gross Margin % of ZIRAAT GAYRIMENKUL YATIRIM ORTAKLIGI AS was 96.68%. The lowest was 25.01%. And the median was 48.04%.

IST:ZRGYO's Gross Margin % is ranked worse than
96.83% of 631 companies
in the REITs industry
Industry Median: 68.98 vs IST:ZRGYO: 25.01

ZIRAAT GAYRIMENKUL YATIRIM ORTAKLIGI AS had a gross margin of 89.92% for the quarter that ended in Sep. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for ZIRAAT GAYRIMENKUL YATIRIM ORTAKLIGI AS was 0.00% per year.


ZIRAAT GAYRIMENKUL YATIRIM ORTAKLIGI AS Gross Margin % Historical Data

The historical data trend for ZIRAAT GAYRIMENKUL YATIRIM ORTAKLIGI AS'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.

ZIRAAT GAYRIMENKUL YATIRIM ORTAKLIGI AS Gross Margin % Chart

ZIRAAT GAYRIMENKUL YATIRIM ORTAKLIGI AS Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22
Gross Margin %
96.68 94.70 44.67 48.04 39.64

ZIRAAT GAYRIMENKUL YATIRIM ORTAKLIGI AS Quarterly Data
Dec18 Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 27.42 67.28 63.11 9.94 89.92

Competitive Comparison of ZIRAAT GAYRIMENKUL YATIRIM ORTAKLIGI AS's Gross Margin %

For the REIT - Diversified subindustry, ZIRAAT GAYRIMENKUL YATIRIM ORTAKLIGI AS'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.


ZIRAAT GAYRIMENKUL YATIRIM ORTAKLIGI AS's Gross Margin % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, ZIRAAT GAYRIMENKUL YATIRIM ORTAKLIGI AS's Gross Margin % distribution charts can be found below:

* The bar in red indicates where ZIRAAT GAYRIMENKUL YATIRIM ORTAKLIGI AS's Gross Margin % falls into.



ZIRAAT GAYRIMENKUL YATIRIM ORTAKLIGI AS Gross Margin % Calculation

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

ZIRAAT GAYRIMENKUL YATIRIM ORTAKLIGI AS's Gross Margin for the fiscal year that ended in Dec. 2022 is calculated as

Gross Margin % (A: Dec. 2022 )=Gross Profit (A: Dec. 2022 ) / Revenue (A: Dec. 2022 )
=268.2 / 676.665
=(Revenue - Cost of Goods Sold) / Revenue
=(676.665 - 408.456) / 676.665
=39.64 %

ZIRAAT GAYRIMENKUL YATIRIM ORTAKLIGI AS's Gross Margin for the quarter that ended in Sep. 2023 is calculated as


Gross Margin % (Q: Sep. 2023 )=Gross Profit (Q: Sep. 2023 ) / Revenue (Q: Sep. 2023 )
=180.2 / 200.377
=(Revenue - Cost of Goods Sold) / Revenue
=(200.377 - 20.191) / 200.377
=89.92 %

* 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.


ZIRAAT GAYRIMENKUL YATIRIM ORTAKLIGI AS  (IST:ZRGYO) 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

ZIRAAT GAYRIMENKUL YATIRIM ORTAKLIGI AS had a gross margin of 89.92% for the quarter that ended in Sep. 2023 => 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.


ZIRAAT GAYRIMENKUL YATIRIM ORTAKLIGI AS Gross Margin % Related Terms

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ZIRAAT GAYRIMENKUL YATIRIM ORTAKLIGI AS (IST:ZRGYO) Business Description

Traded in Other Exchanges
N/A
Address
Sahrayi Cedit Mahallesi, Ataturk Caddesi No: 48, Kat: 8-9, Kozyatagi-Kadikoy, Istanbul, TUR, 34734
ZIRAAT GAYRIMENKUL YATIRIM ORTAKLIGI AS is a real estate investment company. Its portfolio consists of under construction Istanbul International Finance Center Ziraat Towers project and office buildings. It diversifies its investment portfolio with hotel and housing investments.

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