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Prashkovsky Investments and Construction (XTAE:PRSK) Gross Margin % : 41.78% (As of Dec. 2023)


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What is Prashkovsky Investments and Construction Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Prashkovsky Investments and Construction's Gross Profit for the three months ended in Dec. 2023 was ₪35.3 Mil. Prashkovsky Investments and Construction's Revenue for the three months ended in Dec. 2023 was ₪84.6 Mil. Therefore, Prashkovsky Investments and Construction's Gross Margin % for the quarter that ended in Dec. 2023 was 41.78%.


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

XTAE:PRSK' s Gross Margin % Range Over the Past 10 Years
Min: 13.36   Med: 26.46   Max: 46.31
Current: 41.07


During the past 11 years, the highest Gross Margin % of Prashkovsky Investments and Construction was 46.31%. The lowest was 13.36%. And the median was 26.46%.

XTAE:PRSK's Gross Margin % is ranked better than
55.74% of 1656 companies
in the Real Estate industry
Industry Median: 36.73 vs XTAE:PRSK: 41.07

Prashkovsky Investments and Construction had a gross margin of 41.78% for the quarter that ended in Dec. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Prashkovsky Investments and Construction was 14.80% per year.


Prashkovsky Investments and Construction Gross Margin % Historical Data

The historical data trend for Prashkovsky Investments and Construction'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.

Prashkovsky Investments and Construction Gross Margin % Chart

Prashkovsky Investments and Construction 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 26.41 28.54 30.42 37.96 46.31

Prashkovsky Investments and Construction Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 43.49 53.60 33.60 37.70 41.78

Competitive Comparison of Prashkovsky Investments and Construction's Gross Margin %

For the Real Estate - Development subindustry, Prashkovsky Investments and Construction'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.


Prashkovsky Investments and Construction's Gross Margin % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Prashkovsky Investments and Construction's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Prashkovsky Investments and Construction's Gross Margin % falls into.



Prashkovsky Investments and Construction Gross Margin % Calculation

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

Prashkovsky Investments and Construction'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 )
=173.6 / 374.894
=(Revenue - Cost of Goods Sold) / Revenue
=(374.894 - 201.284) / 374.894
=46.31 %

Prashkovsky Investments and Construction's Gross Margin for the quarter that ended in Dec. 2023 is calculated as


Gross Margin % (Q: Dec. 2023 )=Gross Profit (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=35.3 / 84.557
=(Revenue - Cost of Goods Sold) / Revenue
=(84.557 - 49.231) / 84.557
=41.78 %

* 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.


Prashkovsky Investments and Construction  (XTAE:PRSK) 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

Prashkovsky Investments and Construction had a gross margin of 41.78% for the quarter that ended in Dec. 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.


Prashkovsky Investments and Construction Gross Margin % Related Terms

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Prashkovsky Investments and Construction (XTAE:PRSK) Business Description

Traded in Other Exchanges
N/A
Address
Moti Kind 10, Rehovot, ISR
Prashkovsky Investments and Construction Ltd is engaged in construction and development of real estate projects. It undertakes residential, commercial, industrial and office projects. Its commercial projects include Santo streets, Hadera commercial, Rosh HaAyin, Shoham 204 units, Rehovot Hame'adah.

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