Coreo AG (HAM:CORE) Gross Margin % : 13.99% (As of Dec. 2023)

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What is Coreo AG Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Coreo AG's Gross Profit for the six months ended in Dec. 2023 was €0.54 Mil. Coreo AG's Revenue for the six months ended in Dec. 2023 was €3.88 Mil. Therefore, Coreo AG's Gross Margin % for the quarter that ended in Dec. 2023 was 13.99%.

Warning Sign:

Coreo AG gross margin has been in long-term decline. The average rate of decline per year is -10.2%.

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

HAM:CORE' s Gross Margin % Range Over the Past 10 Years
Min: -266.67 Med: 24.28 Max: 76.75
Current: 25.81

During the past 13 years, the highest Gross Margin % of Coreo AG was 76.75%. The lowest was -266.67%. And the median was 24.28%.

HAM:CORE's Gross Margin % is ranked worse than
66.36% of 1653 companies
in the Real Estate industry
Industry Median: 36.34 vs HAM:CORE: 25.81

Coreo AG had a gross margin of 13.99% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Coreo AG was -10.20% per year.

Coreo AG Gross Margin % Historical Data

The historical data trend for Coreo AG'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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Coreo AG Gross Margin % Chart

Coreo AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Gross Margin %

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29.88

19.24

22.75

18.56

25.81

Coreo AG Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Gross Margin %	Get a 7-Day Free Trial															20.74	43.30	1.61	38.10	13.99

Competitive Comparison of Coreo AG's Gross Margin %

For the Real Estate Services subindustry, Coreo AG'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.

Coreo AG's Gross Margin % Distribution in the Real Estate Industry

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

* The bar in red indicates where Coreo AG's Gross Margin % falls into.

Coreo AG Gross Margin % Calculation

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

Coreo AG'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 )
	=	2	/	7.599
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(7.599 - 5.638)	/	7.599
	=	25.81 %

Coreo AG'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 )
	=	0.5	/	3.875
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(3.875 - 3.333)	/	3.875
	=	13.99 %

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.

Coreo AG (HAM:CORE) 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

Coreo AG had a gross margin of 13.99% for the quarter that ended in Dec. 2023 => No sustainable 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.

Coreo AG Gross Margin % Related Terms

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Coreo AG (HAM:CORE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Coreo AG (HAM:CORE) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

CORE:Germany CORE:Germany CORE:Germany

Address

Gruneburgweg 18, Frankfurt am Main, DEU, D-60322

Website

http://www.coreo.de

Coreo AG is a real estate investment company. The company focuses on commercial and residential properties, especially in the office and retail sectors. It generates maximum revenue in the form of rental income.