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Fairvest (JSE:FTB) Gross Profit : R1,910 Mil (TTM As of Sep. 2023)


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What is Fairvest Gross Profit?

Fairvest's gross profit for the six months ended in Sep. 2023 was R955 Mil. Fairvest's gross profit for the trailing twelve months (TTM) ended in Sep. 2023 was R1,910 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Fairvest's gross profit for the six months ended in Sep. 2023 was R955 Mil. Fairvest's Revenue for the six months ended in Sep. 2023 was R955 Mil. Therefore, Fairvest's Gross Margin % for the quarter that ended in Sep. 2023 was N/A%.

Fairvest had a gross margin of N/A% for the quarter that ended in Sep. 2023 => No sustainable competitive advantage


Fairvest Gross Profit Historical Data

The historical data trend for Fairvest's Gross Profit 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.

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Fairvest Gross Profit Chart

Fairvest Annual Data
Trend Jun21 Sep23
Gross Profit
550.11 1,909.88

Fairvest Semi-Annual Data
Jun21 Mar23 Sep23
Gross Profit - 955.19 954.69

Competitive Comparison of Fairvest's Gross Profit

For the REIT - Retail subindustry, Fairvest's Gross Profit, along with its competitors' market caps and Gross Profit 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.


Fairvest's Gross Profit Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Fairvest's Gross Profit distribution charts can be found below:

* The bar in red indicates where Fairvest's Gross Profit falls into.



Fairvest Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

Fairvest's Gross Profit for the fiscal year that ended in Sep. 2023 is calculated as

Gross Profit (A: Sep. 2023 )=Revenue - Cost of Goods Sold
=1909.882 - 0
=1,910

Fairvest's Gross Profit for the quarter that ended in Sep. 2023 is calculated as

Gross Profit (Q: Sep. 2023 )=Revenue - Cost of Goods Sold
=954.69 - 0
=955

Gross Profit for the trailing twelve months (TTM) ended in Sep. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was R1,910 Mil.

Gross Profit is the numerator in the calculation of Gross Margin. (Note that if there's no value for Cost of Goods Sold, then Gross Margin % is not calculated.)

Fairvest'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 )
=(Revenue - Cost of Goods Sold) / Revenue
=955 / 954.69
=N/A %

* 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.


Fairvest  (JSE:FTB) Gross Profit 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

Fairvest had a gross margin of N/A% for the quarter that ended in Sep. 2023 => No sustainable competitive advantage


Fairvest Gross Profit Related Terms

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Fairvest (JSE:FTB) Business Description

Traded in Other Exchanges
Address
34 Bree Street, 8th Floor, The Terraces, Cape Town, WC, ZAF, 8001
Fairvest Ltd is a real estate investment trust investing in the quality retail asset. The fairvest property portfolio consists of properties across South Africa. It has five operating segments Office, Industrial, Retail, Residential & Overhead. The majority is from the Retail segment. Geographically, it is located in South Africa.

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