GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Munshaat Real Estate Projects Co KSCC (KUW:MUNSHAAT) » Definitions » Gross Margin %

Munshaat Real Estate Projects Co KSCC (KUW:MUNSHAAT) Gross Margin % : 38.01% (As of Mar. 2024)


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

What is Munshaat Real Estate Projects Co KSCC Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Munshaat Real Estate Projects Co KSCC's Gross Profit for the three months ended in Mar. 2024 was KWD1.86 Mil. Munshaat Real Estate Projects Co KSCC's Revenue for the three months ended in Mar. 2024 was KWD4.90 Mil. Therefore, Munshaat Real Estate Projects Co KSCC's Gross Margin % for the quarter that ended in Mar. 2024 was 38.01%.


The historical rank and industry rank for Munshaat Real Estate Projects Co KSCC's Gross Margin % or its related term are showing as below:

KUW:MUNSHAAT' s Gross Margin % Range Over the Past 10 Years
Min: -56.68   Med: -2.01   Max: 36.06
Current: 36.06


During the past 13 years, the highest Gross Margin % of Munshaat Real Estate Projects Co KSCC was 36.06%. The lowest was -56.68%. And the median was -2.01%.

KUW:MUNSHAAT's Gross Margin % is ranked worse than
50.69% of 1655 companies
in the Real Estate industry
Industry Median: 36.56 vs KUW:MUNSHAAT: 36.06

Munshaat Real Estate Projects Co KSCC had a gross margin of 38.01% for the quarter that ended in Mar. 2024 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Munshaat Real Estate Projects Co KSCC was 0.00% per year.


Munshaat Real Estate Projects Co KSCC Gross Margin % Historical Data

The historical data trend for Munshaat Real Estate Projects Co KSCC'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.

Munshaat Real Estate Projects Co KSCC Gross Margin % Chart

Munshaat Real Estate Projects Co KSCC 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 12.72 -27.28 -52.50 24.46 36.03

Munshaat Real Estate Projects Co KSCC 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 35.64 42.72 33.69 26.79 38.01

Competitive Comparison of Munshaat Real Estate Projects Co KSCC's Gross Margin %

For the Real Estate Services subindustry, Munshaat Real Estate Projects Co KSCC'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.


Munshaat Real Estate Projects Co KSCC's Gross Margin % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Munshaat Real Estate Projects Co KSCC's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Munshaat Real Estate Projects Co KSCC's Gross Margin % falls into.



Munshaat Real Estate Projects Co KSCC Gross Margin % Calculation

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

Munshaat Real Estate Projects Co KSCC'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 )
=6.4 / 17.806
=(Revenue - Cost of Goods Sold) / Revenue
=(17.806 - 11.391) / 17.806
=36.03 %

Munshaat Real Estate Projects Co KSCC'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 )
=1.9 / 4.896
=(Revenue - Cost of Goods Sold) / Revenue
=(4.896 - 3.035) / 4.896
=38.01 %

* 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.


Munshaat Real Estate Projects Co KSCC  (KUW:MUNSHAAT) 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

Munshaat Real Estate Projects Co KSCC had a gross margin of 38.01% for the quarter that ended in Mar. 2024 => Competition eroding margins


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.


Munshaat Real Estate Projects Co KSCC Gross Margin % Related Terms

Thank you for viewing the detailed overview of Munshaat Real Estate Projects Co KSCC's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Munshaat Real Estate Projects Co KSCC (KUW:MUNSHAAT) Business Description

Traded in Other Exchanges
N/A
Address
Al-Shuhada Street, Al-Arraya Tower 2, Floor 43, Sharq, Kuwait City, KWT
Munshaat Real Estate Projects Co KSCC is a real estate company. The company's operations predominantly consist of owning, selling and purchasing real estates and lands as well as developing them inside and outside Kuwait, and also managing the properties of others. The company is organized into two business segments - Real Estate segment comprises purchase, sale, development, renting, hotel operations and managing of properties; and Investment segment is involved in managing a portfolio of investments. Its primary geographic markets are Kuwait and Gulf Cooperation Council countries.

Munshaat Real Estate Projects Co KSCC (KUW:MUNSHAAT) Headlines

No Headlines