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Exemplar REITail (JSE:EXP) Gross Margin % : 62.59% (As of Aug. 2023)


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What is Exemplar REITail Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Exemplar REITail's Gross Profit for the six months ended in Aug. 2023 was R364 Mil. Exemplar REITail's Revenue for the six months ended in Aug. 2023 was R582 Mil. Therefore, Exemplar REITail's Gross Margin % for the quarter that ended in Aug. 2023 was 62.59%.


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

JSE:EXP' s Gross Margin % Range Over the Past 10 Years
Min: 62.18   Med: 66.11   Max: 83.68
Current: 64.14


During the past 8 years, the highest Gross Margin % of Exemplar REITail was 83.68%. The lowest was 62.18%. And the median was 66.11%.

JSE:EXP's Gross Margin % is not ranked
in the REITs industry.
Industry Median: 68.93 vs JSE:EXP: 64.14

Exemplar REITail had a gross margin of 62.59% for the quarter that ended in Aug. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Exemplar REITail was 0.00% per year.


Exemplar REITail Gross Margin % Historical Data

The historical data trend for Exemplar REITail'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.

Exemplar REITail Gross Margin % Chart

Exemplar REITail Annual Data
Trend Feb15 Feb16 Feb17 Feb19 Feb20 Feb21 Feb22 Feb23
Gross Margin %
Get a 7-Day Free Trial - 63.85 62.84 62.18 66.11

Exemplar REITail Semi-Annual Data
Feb15 Feb16 Feb17 Aug17 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 61.81 62.57 66.48 65.78 62.59

Competitive Comparison of Exemplar REITail's Gross Margin %

For the REIT - Retail subindustry, Exemplar REITail'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.


Exemplar REITail's Gross Margin % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Exemplar REITail's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Exemplar REITail's Gross Margin % falls into.



Exemplar REITail Gross Margin % Calculation

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

Exemplar REITail's Gross Margin for the fiscal year that ended in Feb. 2023 is calculated as

Gross Margin % (A: Feb. 2023 )=Gross Profit (A: Feb. 2023 ) / Revenue (A: Feb. 2023 )
=692.5 / 1047.495
=(Revenue - Cost of Goods Sold) / Revenue
=(1047.495 - 354.958) / 1047.495
=66.11 %

Exemplar REITail's Gross Margin for the quarter that ended in Aug. 2023 is calculated as


Gross Margin % (Q: Aug. 2023 )=Gross Profit (Q: Aug. 2023 ) / Revenue (Q: Aug. 2023 )
=364 / 581.523
=(Revenue - Cost of Goods Sold) / Revenue
=(581.523 - 217.558) / 581.523
=62.59 %

* 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.


Exemplar REITail  (JSE:EXP) 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

Exemplar REITail had a gross margin of 62.59% for the quarter that ended in Aug. 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.


Exemplar REITail Gross Margin % Related Terms

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Exemplar REITail (JSE:EXP) Business Description

Traded in Other Exchanges
N/A
Address
Corner Lyttelton Road and Leyden Avenue, Clubview, Centurion, Sokatami Estate, Pretoria, ZAF, 0157
Exemplar REITail Ltd is a real estate investment trust which develops, owns, and manages township and rural retail real estate. The company is the only fund in the country focused purely on retail in under-serviced areas that offers stakeholders a unique investment opportunity.