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Luggo Fundo DE Investimento Imobiliario - FII (BSP:LUGG11) Gross Margin % : 94.39% (As of Jun. 2023)


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What is Luggo Fundo DE Investimento Imobiliario - FII Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Luggo Fundo DE Investimento Imobiliario - FII's Gross Profit for the six months ended in Jun. 2023 was R$8.92 Mil. Luggo Fundo DE Investimento Imobiliario - FII's Revenue for the six months ended in Jun. 2023 was R$9.45 Mil. Therefore, Luggo Fundo DE Investimento Imobiliario - FII's Gross Margin % for the quarter that ended in Jun. 2023 was 94.39%.


The historical rank and industry rank for Luggo Fundo DE Investimento Imobiliario - FII's Gross Margin % or its related term are showing as below:

BSP:LUGG11' s Gross Margin % Range Over the Past 10 Years
Min: 94.39   Med: 96.29   Max: 97.04
Current: 94.39


During the past 4 years, the highest Gross Margin % of Luggo Fundo DE Investimento Imobiliario - FII was 97.04%. The lowest was 94.39%. And the median was 96.29%.

BSP:LUGG11's Gross Margin % is ranked better than
91.5% of 635 companies
in the REITs industry
Industry Median: 68.65 vs BSP:LUGG11: 94.39

Luggo Fundo DE Investimento Imobiliario - FII had a gross margin of 94.39% for the quarter that ended in Jun. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Luggo Fundo DE Investimento Imobiliario - FII was 0.00% per year.


Luggo Fundo DE Investimento Imobiliario - FII Gross Margin % Historical Data

The historical data trend for Luggo Fundo DE Investimento Imobiliario - FII'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.

Luggo Fundo DE Investimento Imobiliario - FII Gross Margin % Chart

Luggo Fundo DE Investimento Imobiliario - FII Annual Data
Trend Jun20 Jun21 Jun22 Jun23
Gross Margin %
97.04 96.24 96.34 94.39

Luggo Fundo DE Investimento Imobiliario - FII Semi-Annual Data
Jun20 Jun21 Jun22 Jun23
Gross Margin % 97.04 96.24 96.34 94.39

Competitive Comparison of Luggo Fundo DE Investimento Imobiliario - FII's Gross Margin %

For the REIT - Residential subindustry, Luggo Fundo DE Investimento Imobiliario - FII'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.


Luggo Fundo DE Investimento Imobiliario - FII's Gross Margin % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Luggo Fundo DE Investimento Imobiliario - FII's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Luggo Fundo DE Investimento Imobiliario - FII's Gross Margin % falls into.



Luggo Fundo DE Investimento Imobiliario - FII Gross Margin % Calculation

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

Luggo Fundo DE Investimento Imobiliario - FII'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 )
=8.9 / 9.448
=(Revenue - Cost of Goods Sold) / Revenue
=(9.448 - 0.53) / 9.448
=94.39 %

Luggo Fundo DE Investimento Imobiliario - FII's Gross Margin for the quarter that ended in Jun. 2023 is calculated as


Gross Margin % (Q: Jun. 2023 )=Gross Profit (Q: Jun. 2023 ) / Revenue (Q: Jun. 2023 )
=8.9 / 9.448
=(Revenue - Cost of Goods Sold) / Revenue
=(9.448 - 0.53) / 9.448
=94.39 %

* 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.


Luggo Fundo DE Investimento Imobiliario - FII  (BSP:LUGG11) 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

Luggo Fundo DE Investimento Imobiliario - FII had a gross margin of 94.39% for the quarter that ended in Jun. 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.


Luggo Fundo DE Investimento Imobiliario - FII Gross Margin % Related Terms

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Luggo Fundo DE Investimento Imobiliario - FII (BSP:LUGG11) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Avenue Presidente Juscelino Kubitschek, 1400 - 8th Floor, Condminio Maria Cecilia Lara Campos - Itaim Bibi, Sao Paulo, SP, BRA, 04543-000
Luggo Fundo DE Investimento Imobiliario - FII is a real estate investment fund which focuses its investments in the residential construction sector.

Luggo Fundo DE Investimento Imobiliario - FII (BSP:LUGG11) Headlines

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