Globe Trade Centre (FRA:G91) Gross Margin % : 68.38% (As of Sep. 2024)

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What is Globe Trade Centre Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Globe Trade Centre's Gross Profit for the three months ended in Sep. 2024 was €32.0 Mil. Globe Trade Centre's Revenue for the three months ended in Sep. 2024 was €46.8 Mil. Therefore, Globe Trade Centre's Gross Margin % for the quarter that ended in Sep. 2024 was 68.38%.

The historical rank and industry rank for Globe Trade Centre's Gross Margin % or its related term are showing as below:

FRA:G91' s Gross Margin % Range Over the Past 10 Years
Min: 65.28 Med: 72.02 Max: 75.33
Current: 69.33

During the past 13 years, the highest Gross Margin % of Globe Trade Centre was 75.33%. The lowest was 65.28%. And the median was 72.02%.

FRA:G91's Gross Margin % is ranked better than
80.57% of 1642 companies
in the Real Estate industry
Industry Median: 36.155 vs FRA:G91: 69.33

Globe Trade Centre had a gross margin of 68.38% for the quarter that ended in Sep. 2024 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Globe Trade Centre was -1.00% per year.

Globe Trade Centre Gross Margin % Historical Data

The historical data trend for Globe Trade Centre'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.

Globe Trade Centre Gross Margin % Chart

Globe Trade Centre Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Gross Margin %

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75.33

74.07

74.20

71.55

69.90

Globe Trade Centre Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Gross Margin %	Get a 7-Day Free Trial															71.18	68.61	70.46	69.94	68.38

Competitive Comparison of Globe Trade Centre's Gross Margin %

For the Real Estate Services subindustry, Globe Trade Centre'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.

Globe Trade Centre's Gross Margin % Distribution in the Real Estate Industry

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

* The bar in red indicates where Globe Trade Centre's Gross Margin % falls into.

Globe Trade Centre Gross Margin % Calculation

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

Globe Trade Centre'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 )
	=	128.2	/	183.4
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(183.4 - 55.2)	/	183.4
	=	69.90 %

Globe Trade Centre's Gross Margin for the quarter that ended in Sep. 2024 is calculated as

Gross Margin % (Q: Sep. 2024 )	=	Gross Profit (Q: Sep. 2024 )	/	Revenue (Q: Sep. 2024 )
	=	32	/	46.8
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(46.8 - 14.8)	/	46.8
	=	68.38 %

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.

Globe Trade Centre (FRA:G91) 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

Globe Trade Centre had a gross margin of 68.38% for the quarter that ended in Sep. 2024 => 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.

Globe Trade Centre Gross Margin % Related Terms

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Globe Trade Centre Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Globe Trade Centre SA (FRA:G91) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

GTC:Poland

Address

Komitetu Obrony Robotnikow 45A, Nothus Building, Warsaw, POL, 02-146

Website

https://www.gtc.com.pl

Globe Trade Centre SA is a real estate investor and developer that focuses its business in Poland and several capital cities in Eastern Europe. The group operates in Poland, Belgrade, Hungary, Bucharest, Zagreb, and Sofia. The group manages a real estate portfolio that includes commercial buildings in the form of offices and retail space. The commercial property portfolio is actively managed by the group. In terms of geographic location, almost half of the company's revenue comes from Poland and the remaining is made up of other geographic areas.

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