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Avrupakent Gayrimenkul Yatirim Ortakligi (IST:AVPGY) Gross Margin % : 60.68% (As of Sep. 2023)


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What is Avrupakent Gayrimenkul Yatirim Ortakligi Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Avrupakent Gayrimenkul Yatirim Ortakligi's Gross Profit for the three months ended in Sep. 2023 was ₺321 Mil. Avrupakent Gayrimenkul Yatirim Ortakligi's Revenue for the three months ended in Sep. 2023 was ₺529 Mil. Therefore, Avrupakent Gayrimenkul Yatirim Ortakligi's Gross Margin % for the quarter that ended in Sep. 2023 was 60.68%.


The historical rank and industry rank for Avrupakent Gayrimenkul Yatirim Ortakligi's Gross Margin % or its related term are showing as below:

IST:AVPGY' s Gross Margin % Range Over the Past 10 Years
Min: 19.67   Med: 57.37   Max: 58.66
Current: 54.31


During the past 3 years, the highest Gross Margin % of Avrupakent Gayrimenkul Yatirim Ortakligi was 58.66%. The lowest was 19.67%. And the median was 57.37%.

IST:AVPGY's Gross Margin % is ranked better than
67.27% of 1653 companies
in the Real Estate industry
Industry Median: 36.78 vs IST:AVPGY: 54.31

Avrupakent Gayrimenkul Yatirim Ortakligi had a gross margin of 60.68% for the quarter that ended in Sep. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Avrupakent Gayrimenkul Yatirim Ortakligi was 0.00% per year.


Avrupakent Gayrimenkul Yatirim Ortakligi Gross Margin % Historical Data

The historical data trend for Avrupakent Gayrimenkul Yatirim Ortakligi'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.

Avrupakent Gayrimenkul Yatirim Ortakligi Gross Margin % Chart

Avrupakent Gayrimenkul Yatirim Ortakligi Annual Data
Trend Dec20 Dec21 Dec22
Gross Margin %
19.67 58.66 57.37

Avrupakent Gayrimenkul Yatirim Ortakligi Quarterly Data
Dec20 Dec21 Jun22 Sep22 Dec22 Jun23 Sep23
Gross Margin % Get a 7-Day Free Trial - 79.92 51.90 - 60.68

Competitive Comparison of Avrupakent Gayrimenkul Yatirim Ortakligi's Gross Margin %

For the Real Estate - Diversified subindustry, Avrupakent Gayrimenkul Yatirim Ortakligi'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.


Avrupakent Gayrimenkul Yatirim Ortakligi's Gross Margin % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Avrupakent Gayrimenkul Yatirim Ortakligi's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Avrupakent Gayrimenkul Yatirim Ortakligi's Gross Margin % falls into.



Avrupakent Gayrimenkul Yatirim Ortakligi Gross Margin % Calculation

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

Avrupakent Gayrimenkul Yatirim Ortakligi's Gross Margin for the fiscal year that ended in Dec. 2022 is calculated as

Gross Margin % (A: Dec. 2022 )=Gross Profit (A: Dec. 2022 ) / Revenue (A: Dec. 2022 )
=1401.1 / 2442.258
=(Revenue - Cost of Goods Sold) / Revenue
=(2442.258 - 1041.189) / 2442.258
=57.37 %

Avrupakent Gayrimenkul Yatirim Ortakligi's Gross Margin for the quarter that ended in Sep. 2023 is calculated as


Gross Margin % (Q: Sep. 2023 )=Gross Profit (Q: Sep. 2023 ) / Revenue (Q: Sep. 2023 )
=321.2 / 529.385
=(Revenue - Cost of Goods Sold) / Revenue
=(529.385 - 208.166) / 529.385
=60.68 %

* 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.


Avrupakent Gayrimenkul Yatirim Ortakligi  (IST:AVPGY) 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

Avrupakent Gayrimenkul Yatirim Ortakligi had a gross margin of 60.68% for the quarter that ended in Sep. 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.


Avrupakent Gayrimenkul Yatirim Ortakligi Gross Margin % Related Terms

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Avrupakent Gayrimenkul Yatirim Ortakligi (IST:AVPGY) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Atakoy 7-8-9-10, Kisim Mah C. Cesme E-5, Yanyol Cad.N.8/2/7, Bakirkoy, Istanbul, TUR
Avrupakent Gayrimenkul Yatirim Ortakligi is a company that has business activities in the fields of real estate development, rental and management. It contains valuable portfolios of the country with its shopping malls, residences and other real estate. It also develops projects and rents or sells operating real estate.

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