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Gav-Yam Lands (XTAE:GVYM) Gross Margin % : 86.09% (As of Mar. 2024)


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What is Gav-Yam Lands Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Gav-Yam Lands's Gross Profit for the three months ended in Mar. 2024 was ₪167.9 Mil. Gav-Yam Lands's Revenue for the three months ended in Mar. 2024 was ₪195.1 Mil. Therefore, Gav-Yam Lands's Gross Margin % for the quarter that ended in Mar. 2024 was 86.09%.

Warning Sign:

Gav-Yam Lands Corp Ltd gross margin has been in long-term decline. The average rate of decline per year is -1.3%.


The historical rank and industry rank for Gav-Yam Lands's Gross Margin % or its related term are showing as below:

XTAE:GVYM' s Gross Margin % Range Over the Past 10 Years
Min: 81.74   Med: 88.55   Max: 93.37
Current: 86.06


During the past 13 years, the highest Gross Margin % of Gav-Yam Lands was 93.37%. The lowest was 81.74%. And the median was 88.55%.

XTAE:GVYM's Gross Margin % is ranked better than
91.97% of 1656 companies
in the Real Estate industry
Industry Median: 36.73 vs XTAE:GVYM: 86.06

Gav-Yam Lands had a gross margin of 86.09% for the quarter that ended in Mar. 2024 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Gav-Yam Lands was -1.30% per year.


Gav-Yam Lands Gross Margin % Historical Data

The historical data trend for Gav-Yam Lands'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.

Gav-Yam Lands Gross Margin % Chart

Gav-Yam Lands 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 89.30 81.74 85.89 85.14 86.18

Gav-Yam Lands 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 86.62 86.69 86.96 84.54 86.09

Competitive Comparison of Gav-Yam Lands's Gross Margin %

For the Real Estate - Development subindustry, Gav-Yam Lands'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.


Gav-Yam Lands's Gross Margin % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Gav-Yam Lands's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Gav-Yam Lands's Gross Margin % falls into.



Gav-Yam Lands Gross Margin % Calculation

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

Gav-Yam Lands'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 )
=652.6 / 757.256
=(Revenue - Cost of Goods Sold) / Revenue
=(757.256 - 104.649) / 757.256
=86.18 %

Gav-Yam Lands'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 )
=167.9 / 195.058
=(Revenue - Cost of Goods Sold) / Revenue
=(195.058 - 27.13) / 195.058
=86.09 %

* 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.


Gav-Yam Lands  (XTAE:GVYM) 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

Gav-Yam Lands had a gross margin of 86.09% 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.


Gav-Yam Lands Gross Margin % Related Terms

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


Gav-Yam Lands (XTAE:GVYM) Business Description

Traded in Other Exchanges
N/A
Address
9 Andrei Sakharov Street, Matam Tower 1, P.O. Box 15041, Haifa, ISR, 31905
Gav-Yam Lands Corp Ltd is an Israeli real estate company, engaged directly and through its subsidiaries in the initiation, planning, establishing, and managing of high-technology parks, industrial parks, commerce, and office buildings, logistics centers, and residential neighborhoods. The company has been involved in many commercial, industrial, and residential developments throughout Israel. The company's well-known projects include Gav-Yam Center Herzliya, a six-building complex, including an underground parking lot, Matam Park - Haifa, an international business & Hi-Tech park, Gav-Yam Park - Caesarea, a modern park designed to populate companies from various industries.

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