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Vakif Gayrimenkul Yatirim Ortakligi AS (IST:VKGYO) Gross Margin % : 99.30% (As of Sep. 2023)


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What is Vakif Gayrimenkul Yatirim Ortakligi AS Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Vakif Gayrimenkul Yatirim Ortakligi AS's Gross Profit for the three months ended in Sep. 2023 was ₺178.3 Mil. Vakif Gayrimenkul Yatirim Ortakligi AS's Revenue for the three months ended in Sep. 2023 was ₺179.5 Mil. Therefore, Vakif Gayrimenkul Yatirim Ortakligi AS's Gross Margin % for the quarter that ended in Sep. 2023 was 99.30%.


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

IST:VKGYO' s Gross Margin % Range Over the Past 10 Years
Min: 13.93   Med: 67.44   Max: 102.33
Current: 102.33


During the past 13 years, the highest Gross Margin % of Vakif Gayrimenkul Yatirim Ortakligi AS was 102.33%. The lowest was 13.93%. And the median was 67.44%.

IST:VKGYO's Gross Margin % is ranked better than
99.21% of 629 companies
in the REITs industry
Industry Median: 68.84 vs IST:VKGYO: 102.33

Vakif Gayrimenkul Yatirim Ortakligi AS had a gross margin of 99.30% for the quarter that ended in Sep. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Vakif Gayrimenkul Yatirim Ortakligi AS was 4.10% per year.


Vakif Gayrimenkul Yatirim Ortakligi AS Gross Margin % Historical Data

The historical data trend for Vakif 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.

Vakif Gayrimenkul Yatirim Ortakligi AS Gross Margin % Chart

Vakif Gayrimenkul Yatirim Ortakligi AS Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.93 34.44 55.23 75.65 30.14

Vakif Gayrimenkul Yatirim Ortakligi AS Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 20.75 122.99 98.35 98.65 99.30

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

For the REIT - Diversified subindustry, Vakif 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.


Vakif Gayrimenkul Yatirim Ortakligi AS's Gross Margin % Distribution in the REITs Industry

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

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



Vakif Gayrimenkul Yatirim Ortakligi AS Gross Margin % Calculation

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

Vakif 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 )
=846 / 2807.371
=(Revenue - Cost of Goods Sold) / Revenue
=(2807.371 - 1961.326) / 2807.371
=30.14 %

Vakif 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 )
=178.3 / 179.524
=(Revenue - Cost of Goods Sold) / Revenue
=(179.524 - 1.257) / 179.524
=99.30 %

* 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.


Vakif Gayrimenkul Yatirim Ortakligi AS  (IST:VKGYO) 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

Vakif Gayrimenkul Yatirim Ortakligi AS had a gross margin of 99.30% 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.


Vakif Gayrimenkul Yatirim Ortakligi AS Gross Margin % Related Terms

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Vakif Gayrimenkul Yatirim Ortakligi AS (IST:VKGYO) Business Description

Traded in Other Exchanges
N/A
Address
Serifali Mah. Bayraktar, Boulevard No: 62 Umraniye, Istanbul, TUR
Vakif Gayrimenkul Yatirim Ortakligi AS is a real estate investment trust. The company invests in real estate, capital market instruments based on real estate, buildings, land, projects based on real estates, usufruct rights established on real estate and rental income. It leases and rents commercial and office buildings in Ankara and Istanbul. Its projects include Istanbul international finance center project, Bizimtepe aydos project, and maltepe housing project.

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