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RAM Essential Services Property Fund (ASX:REP) Gross Margin % : 67.15% (As of Dec. 2023)


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What is RAM Essential Services Property Fund Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. RAM Essential Services Property Fund's Gross Profit for the six months ended in Dec. 2023 was A$18.16 Mil. RAM Essential Services Property Fund's Revenue for the six months ended in Dec. 2023 was A$27.04 Mil. Therefore, RAM Essential Services Property Fund's Gross Margin % for the quarter that ended in Dec. 2023 was 67.15%.


The historical rank and industry rank for RAM Essential Services Property Fund's Gross Margin % or its related term are showing as below:

ASX:REP' s Gross Margin % Range Over the Past 10 Years
Min: 58.16   Med: 72.62   Max: 84.03
Current: 58.16


During the past 2 years, the highest Gross Margin % of RAM Essential Services Property Fund was 84.03%. The lowest was 58.16%. And the median was 72.62%.

ASX:REP's Gross Margin % is ranked better than
55.97% of 536 companies
in the Asset Management industry
Industry Median: 51.55 vs ASX:REP: 58.16

RAM Essential Services Property Fund had a gross margin of 67.15% for the quarter that ended in Dec. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for RAM Essential Services Property Fund was 0.00% per year.


RAM Essential Services Property Fund Gross Margin % Historical Data

The historical data trend for RAM Essential Services Property Fund'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.

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RAM Essential Services Property Fund Gross Margin % Chart

RAM Essential Services Property Fund Annual Data
Trend Jun22 Jun23
Gross Margin %
84.03 61.21

RAM Essential Services Property Fund Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23
Gross Margin % 70.51 88.98 71.86 46.80 67.15

Competitive Comparison of RAM Essential Services Property Fund's Gross Margin %

For the Asset Management subindustry, RAM Essential Services Property Fund'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.


RAM Essential Services Property Fund's Gross Margin % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, RAM Essential Services Property Fund's Gross Margin % distribution charts can be found below:

* The bar in red indicates where RAM Essential Services Property Fund's Gross Margin % falls into.



RAM Essential Services Property Fund Gross Margin % Calculation

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

RAM Essential Services Property Fund's Gross Margin for the fiscal year that ended in Jun. 2023 is calculated as

Gross Margin % (A: Jun. 2023 )=Gross Profit (A: Jun. 2023 ) / Revenue (A: Jun. 2023 )
=30.8 / 50.368
=(Revenue - Cost of Goods Sold) / Revenue
=(50.368 - 19.539) / 50.368
=61.21 %

RAM Essential Services Property Fund'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 )
=18.2 / 27.039
=(Revenue - Cost of Goods Sold) / Revenue
=(27.039 - 8.882) / 27.039
=67.15 %

* 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.


RAM Essential Services Property Fund  (ASX:REP) 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

RAM Essential Services Property Fund had a gross margin of 67.15% 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.


RAM Essential Services Property Fund Gross Margin % Related Terms

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RAM Essential Services Property Fund (ASX:REP) Business Description

Traded in Other Exchanges
N/A
Address
Australia Square 264 George Street, Suite 3201, Level 32, Sydney, NSW, AUS, 2000
RAM Essential Services Property Fund invests in high-quality Australian medical and essential retail real estate assets, leased to essential services tenants. Its objective is to provide investors with stable and secure income with the potential for both income and capital growth through exposure to high quality, defensive portfolio of assets with favourable sector trends.

RAM Essential Services Property Fund (ASX:REP) Headlines

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