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Bati Ege Gayrimenkul Yatirim Ortakligi AS (IST:BEGYO) Gross Margin % : 84.91% (As of Sep. 2023)


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What is Bati Ege Gayrimenkul Yatirim Ortakligi AS Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Bati Ege Gayrimenkul Yatirim Ortakligi AS's Gross Profit for the three months ended in Sep. 2023 was ₺24.66 Mil. Bati Ege Gayrimenkul Yatirim Ortakligi AS's Revenue for the three months ended in Sep. 2023 was ₺29.05 Mil. Therefore, Bati Ege Gayrimenkul Yatirim Ortakligi AS's Gross Margin % for the quarter that ended in Sep. 2023 was 84.91%.


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

IST:BEGYO' s Gross Margin % Range Over the Past 10 Years
Min: 54.81   Med: 69.21   Max: 83.88
Current: 83.88

During the past 3 years, the highest Gross Margin % of Bati Ege Gayrimenkul Yatirim Ortakligi AS was 83.88%. The lowest was 54.81%. And the median was 69.21%.

IST:BEGYO's Gross Margin % is ranked better than
90.72% of 1648 companies
in the Real Estate industry
Industry Median: 36.73 vs IST:BEGYO: 83.88

Bati Ege Gayrimenkul Yatirim Ortakligi AS had a gross margin of 84.91% for the quarter that ended in Sep. 2023 => Durable competitive advantage

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

Bati Ege Gayrimenkul Yatirim Ortakligi AS Gross Margin % Historical Data

The historical data trend for Bati Ege Gayrimenkul Yatirim Ortakligi AS'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.

Bati Ege Gayrimenkul Yatirim Ortakligi AS Gross Margin % Chart

Bati Ege Gayrimenkul Yatirim Ortakligi AS Annual Data
Trend Dec20 Dec21 Dec22
Gross Margin %
54.81 69.21 77.58

Bati Ege Gayrimenkul Yatirim Ortakligi AS Quarterly Data
Dec20 Dec21 Jun22 Sep22 Dec22 Jun23 Sep23
Gross Margin % Get a 7-Day Free Trial - 81.55 82.19 - 84.91

Competitive Comparison of Bati Ege Gayrimenkul Yatirim Ortakligi AS's Gross Margin %

For the Real Estate - Development subindustry, Bati Ege Gayrimenkul Yatirim Ortakligi AS'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.

Bati Ege Gayrimenkul Yatirim Ortakligi AS's Gross Margin % Distribution in the Real Estate Industry

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

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


Bati Ege Gayrimenkul Yatirim Ortakligi AS Gross Margin % Calculation

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

Bati Ege Gayrimenkul Yatirim Ortakligi AS'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 )
=66.6 / 85.847
=(Revenue - Cost of Goods Sold) / Revenue
=(85.847 - 19.25) / 85.847
=77.58 %

Bati Ege Gayrimenkul Yatirim Ortakligi AS'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 )
=24.7 / 29.047
=(Revenue - Cost of Goods Sold) / Revenue
=(29.047 - 4.384) / 29.047
=84.91 %

* 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.

Bati Ege Gayrimenkul Yatirim Ortakligi AS  (IST:BEGYO) 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

Bati Ege Gayrimenkul Yatirim Ortakligi AS had a gross margin of 84.91% 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.

Bati Ege Gayrimenkul Yatirim Ortakligi AS Gross Margin % Related Terms

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Bati Ege Gayrimenkul Yatirim Ortakligi AS (IST:BEGYO) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Bati Ege Gayrimenkul Yatirim Ortakligi AS (IST:BEGYO) » Definitions » Gross Margin %
Comparable Companies
Traded in Other Exchanges
N/A
Address
Kayalar Mah. 6030, St. Sinpa? AquaCity F1, Blok No.3/13, Ic Kapi No:19 Merkezefendi district, Denizli, TUR
Website
https://batiegegyo.com.tr
Bati Ege Gayrimenkul Yatirim Ortakligi AS is an investment company established to develop new investments in the real estate sector in Denizli and the entire Aegean Region. It has portfolio of projects which are Aquacity Denizli & Aquamall AVM.

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