NEPI Rockcastle NV (JSE:NRP) Gross Margin % : 65.71% (As of Dec. 2023)

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What is NEPI Rockcastle NV Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. NEPI Rockcastle NV's Gross Profit for the six months ended in Dec. 2023 was R5,080 Mil. NEPI Rockcastle NV's Revenue for the six months ended in Dec. 2023 was R7,731 Mil. Therefore, NEPI Rockcastle NV's Gross Margin % for the quarter that ended in Dec. 2023 was 65.71%.

Warning Sign:

NEPI Rockcastle NV gross margin has been in long-term decline. The average rate of decline per year is -1.6%.

The historical rank and industry rank for NEPI Rockcastle NV's Gross Margin % or its related term are showing as below:

JSE:NRP' s Gross Margin % Range Over the Past 10 Years
Min: 64.25 Med: 68.92 Max: 70.96
Current: 64.26

During the past 13 years, the highest Gross Margin % of NEPI Rockcastle NV was 70.96%. The lowest was 64.25%. And the median was 68.92%.

JSE:NRP's Gross Margin % is ranked better than
75.76% of 1654 companies
in the Real Estate industry
Industry Median: 36.83 vs JSE:NRP: 64.26

NEPI Rockcastle NV had a gross margin of 65.71% for the quarter that ended in Dec. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for NEPI Rockcastle NV was -1.60% per year.

NEPI Rockcastle NV Gross Margin % Historical Data

The historical data trend for NEPI Rockcastle NV'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.

NEPI Rockcastle NV Gross Margin % Chart

NEPI Rockcastle NV Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Gross Margin %

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68.62

68.97

67.94

64.72

64.25

NEPI Rockcastle NV Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Gross Margin %	Get a 7-Day Free Trial															66.94	63.99	65.42	62.81	65.71

Competitive Comparison of NEPI Rockcastle NV's Gross Margin %

For the Real Estate - Diversified subindustry, NEPI Rockcastle NV'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.

NEPI Rockcastle NV's Gross Margin % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, NEPI Rockcastle NV's Gross Margin % distribution charts can be found below:

* The bar in red indicates where NEPI Rockcastle NV's Gross Margin % falls into.

NEPI Rockcastle NV Gross Margin % Calculation

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

NEPI Rockcastle NV'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 )
	=	9981	/	15533.537
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(15533.537 - 5552.513)	/	15533.537
	=	64.25 %

NEPI Rockcastle NV'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 )
	=	5080.5	/	7731.494
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(7731.494 - 2651.039)	/	7731.494
	=	65.71 %

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.

NEPI Rockcastle NV (JSE:NRP) 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

NEPI Rockcastle NV had a gross margin of 65.71% 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.

NEPI Rockcastle NV Gross Margin % Related Terms

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NEPI Rockcastle NV (JSE:NRP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » NEPI Rockcastle NV (JSE:NRP) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

NRP:Netherlands 0A3:Germany

Address

Claude Debussylaan 7-29, Tribes Offices SOM Building 3rd Floor, Amsterdam, NH, NLD, 1082MC

Website

https://www.nepirockcastle.com

NEPI Rockcastle NV is a commercial property investor and developer. The business activities of the group have functioned through Retail, Office, Residential, Industrial, and Corporate segments. The Retail segment acquires, develops and leases retail properties in Romania, Slovakia, Czech Republic, Serbia, and Croatia; the Office segment acquires, develops and leases office properties in Romania and Slovakia; the Industrial segment acquires, develops and leases industrial facilities in Romania, and Corporate segment focuses on activities related to financing expenses. The vast majority of its contracted rentable areas are occupied by large tenants and major franchises. The company generates revenue from rent and expense recovery.