GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » National Corp for Tourism Hotels (ADX:NCTH) » Definitions » Gross Margin %

National for Tourism Hotels (ADX:NCTH) Gross Margin % : 14.44% (As of Dec. 2023)


View and export this data going back to 2000. Start your Free Trial

What is National for Tourism Hotels Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. National for Tourism Hotels's Gross Profit for the six months ended in Dec. 2023 was د.إ96.6 Mil. National for Tourism Hotels's Revenue for the six months ended in Dec. 2023 was د.إ669.2 Mil. Therefore, National for Tourism Hotels's Gross Margin % for the quarter that ended in Dec. 2023 was 14.44%.

Warning Sign:

National Corp for Tourism Hotels gross margin has been in long-term decline. The average rate of decline per year is -4.2%.


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

ADX:NCTH' s Gross Margin % Range Over the Past 10 Years
Min: 12   Med: 16.18   Max: 21.47
Current: 14.44


During the past 13 years, the highest Gross Margin % of National for Tourism Hotels was 21.47%. The lowest was 12.00%. And the median was 16.18%.

ADX:NCTH's Gross Margin % is ranked worse than
91.44% of 771 companies
in the Travel & Leisure industry
Industry Median: 43.25 vs ADX:NCTH: 14.44

National for Tourism Hotels had a gross margin of 14.44% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for National for Tourism Hotels was -4.20% per year.


National for Tourism Hotels Gross Margin % Historical Data

The historical data trend for National for Tourism Hotels'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.

National for Tourism Hotels Gross Margin % Chart

National for Tourism Hotels 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 15.71 13.27 13.66 12.00 14.44

National for Tourism Hotels Semi-Annual Data
Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 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 15.71 13.27 13.66 12.00 14.44

Competitive Comparison of National for Tourism Hotels's Gross Margin %

For the Lodging subindustry, National for Tourism Hotels'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.


National for Tourism Hotels's Gross Margin % Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, National for Tourism Hotels's Gross Margin % distribution charts can be found below:

* The bar in red indicates where National for Tourism Hotels's Gross Margin % falls into.



National for Tourism Hotels Gross Margin % Calculation

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

National for Tourism Hotels'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 )
=96.6 / 669.204
=(Revenue - Cost of Goods Sold) / Revenue
=(669.204 - 572.585) / 669.204
=14.44 %

National for Tourism Hotels'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 )
=96.6 / 669.204
=(Revenue - Cost of Goods Sold) / Revenue
=(669.204 - 572.585) / 669.204
=14.44 %

* 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.


National for Tourism Hotels  (ADX:NCTH) 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

National for Tourism Hotels had a gross margin of 14.44% for the quarter that ended in Dec. 2023 => No sustainable 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.


National for Tourism Hotels Gross Margin % Related Terms

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


National for Tourism Hotels (ADX:NCTH) Business Description

Traded in Other Exchanges
N/A
Address
Airport Road, P.O. Box 6942, Abu Dhabi, ARE
National Corp for Tourism Hotels owns, manages, and invests in hotels and leisure complexes. The company's operating segment include Hotels, Retail Services, Catering Services, and the Holding segment. Catering segment provides catering services on a contract basis. The Hotels segment provides room and food and beverages services to customers. Retail services segment provides beverages sales services to its customers. It generates maximum revenue from the Catering Services segment. Geographically, it operates only in the United Arab Emirates (UAE). It owns four hotels within the UAE: Abu Dhabi InterContinental Hotel, Danat Al Ain Resort.

National for Tourism Hotels (ADX:NCTH) Headlines

No Headlines