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Methaq Real Estate Investment (AMM:MEET) Gross Margin % : 36.82% (As of Jun. 2024)


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What is Methaq Real Estate Investment Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Methaq Real Estate Investment's Gross Profit for the three months ended in Jun. 2024 was JOD0.15 Mil. Methaq Real Estate Investment's Revenue for the three months ended in Jun. 2024 was JOD0.40 Mil. Therefore, Methaq Real Estate Investment's Gross Margin % for the quarter that ended in Jun. 2024 was 36.82%.


The historical rank and industry rank for Methaq Real Estate Investment's Gross Margin % or its related term are showing as below:

AMM:MEET' s Gross Margin % Range Over the Past 10 Years
Min: 6.25   Med: 30.02   Max: 37.74
Current: 25.68


During the past 13 years, the highest Gross Margin % of Methaq Real Estate Investment was 37.74%. The lowest was 6.25%. And the median was 30.02%.

AMM:MEET's Gross Margin % is ranked worse than
66.47% of 1664 companies
in the Real Estate industry
Industry Median: 35.78 vs AMM:MEET: 25.68

Methaq Real Estate Investment had a gross margin of 36.82% for the quarter that ended in Jun. 2024 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Methaq Real Estate Investment was 0.00% per year.


Methaq Real Estate Investment Gross Margin % Historical Data

The historical data trend for Methaq Real Estate Investment'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.

Methaq Real Estate Investment Gross Margin % Chart

Methaq Real Estate Investment Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 37.45 22.58

Methaq Real Estate Investment Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 90.91 49.13 250.00 90.91 36.82

Competitive Comparison of Methaq Real Estate Investment's Gross Margin %

For the Real Estate - Development subindustry, Methaq Real Estate Investment'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.


Methaq Real Estate Investment's Gross Margin % Distribution in the Real Estate Industry

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

* The bar in red indicates where Methaq Real Estate Investment's Gross Margin % falls into.



Methaq Real Estate Investment Gross Margin % Calculation

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

Methaq Real Estate Investment'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 )
=0.1 / 0.279
=(Revenue - Cost of Goods Sold) / Revenue
=(0.279 - 0.216) / 0.279
=22.58 %

Methaq Real Estate Investment's Gross Margin for the quarter that ended in Jun. 2024 is calculated as


Gross Margin % (Q: Jun. 2024 )=Gross Profit (Q: Jun. 2024 ) / Revenue (Q: Jun. 2024 )
=0.1 / 0.402
=(Revenue - Cost of Goods Sold) / Revenue
=(0.402 - 0.254) / 0.402
=36.82 %

* 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.


Methaq Real Estate Investment  (AMM:MEET) 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

Methaq Real Estate Investment had a gross margin of 36.82% for the quarter that ended in Jun. 2024 => Competition eroding margins


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.


Methaq Real Estate Investment Gross Margin % Related Terms

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Methaq Real Estate Investment Business Description

Traded in Other Exchanges
N/A
Address
7th Circle-Behind safeway Superstore, AL Hussini buliding, P.O.Box 2339, Amman, JOR, 11953
Methaq Real Estate Investment is a real estate investment company. It is engaged in the construction of the building and other Properties. The company's project includes METHAQ Jewels and METHAQ and ALSAUDI Project.