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Regent Pacific Properties (TSXV:RPP) Gross Margin % : 36.46% (As of Mar. 2024)


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What is Regent Pacific Properties Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Regent Pacific Properties's Gross Profit for the three months ended in Mar. 2024 was C$0.14 Mil. Regent Pacific Properties's Revenue for the three months ended in Mar. 2024 was C$0.37 Mil. Therefore, Regent Pacific Properties's Gross Margin % for the quarter that ended in Mar. 2024 was 36.46%.

Warning Sign:

Regent Pacific Properties Inc gross margin has been in long-term decline. The average rate of decline per year is -11.1%.


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

TSXV:RPP' s Gross Margin % Range Over the Past 10 Years
Min: 30.42   Med: 50.39   Max: 72.4
Current: 31.25


During the past 13 years, the highest Gross Margin % of Regent Pacific Properties was 72.40%. The lowest was 30.42%. And the median was 50.39%.

TSXV:RPP's Gross Margin % is ranked worse than
58.19% of 1648 companies
in the Real Estate industry
Industry Median: 36.73 vs TSXV:RPP: 31.25

Regent Pacific Properties had a gross margin of 36.46% for the quarter that ended in Mar. 2024 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Regent Pacific Properties was -11.10% per year.


Regent Pacific Properties Gross Margin % Historical Data

The historical data trend for Regent Pacific 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.

Regent Pacific Properties Gross Margin % Chart

Regent Pacific Properties 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 47.93 41.86 35.77 32.03 30.42

Regent Pacific Properties 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 33.52 26.57 42.29 19.78 36.46

Competitive Comparison of Regent Pacific Properties's Gross Margin %

For the Real Estate Services subindustry, Regent Pacific 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.


Regent Pacific Properties's Gross Margin % Distribution in the Real Estate Industry

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

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



Regent Pacific Properties Gross Margin % Calculation

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

Regent Pacific 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 )
=0.4 / 1.417
=(Revenue - Cost of Goods Sold) / Revenue
=(1.417 - 0.986) / 1.417
=30.42 %

Regent Pacific Properties'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 )
=0.1 / 0.373
=(Revenue - Cost of Goods Sold) / Revenue
=(0.373 - 0.237) / 0.373
=36.46 %

* 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.


Regent Pacific Properties  (TSXV:RPP) 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

Regent Pacific Properties had a gross margin of 36.46% 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.


Regent Pacific Properties Gross Margin % Related Terms

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


Regent Pacific Properties (TSXV:RPP) Business Description

Traded in Other Exchanges
N/A
Address
2607 Ellwood Drive SW, Edmonton, AB, CAN, T6X 0P7
Regent Pacific Properties Inc is a real estate development and investment company. The company's only reportable segment, that being the rental of commercial and residential real estate properties located in Canada. Its source of revenue consists of rental income which comprises tenant leases and parking and storage.
Executives
David Shong-tak Tam Director

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