GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » PT Indonesia Prima Property Tbk (ISX:OMRE) » Definitions » Gross Margin %

PT Indonesia Prima Property Tbk (ISX:OMRE) Gross Margin % : 23.67% (As of Mar. 2024)


View and export this data going back to 1994. Start your Free Trial

What is PT Indonesia Prima Property Tbk Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. PT Indonesia Prima Property Tbk's Gross Profit for the three months ended in Mar. 2024 was Rp3,332 Mil. PT Indonesia Prima Property Tbk's Revenue for the three months ended in Mar. 2024 was Rp14,078 Mil. Therefore, PT Indonesia Prima Property Tbk's Gross Margin % for the quarter that ended in Mar. 2024 was 23.67%.


The historical rank and industry rank for PT Indonesia Prima Property Tbk's Gross Margin % or its related term are showing as below:

ISX:OMRE' s Gross Margin % Range Over the Past 10 Years
Min: 20.11   Med: 42.5   Max: 53.13
Current: 31.84


During the past 12 years, the highest Gross Margin % of PT Indonesia Prima Property Tbk was 53.13%. The lowest was 20.11%. And the median was 42.50%.

ISX:OMRE's Gross Margin % is ranked worse than
56.93% of 1653 companies
in the Real Estate industry
Industry Median: 36.34 vs ISX:OMRE: 31.84

PT Indonesia Prima Property Tbk had a gross margin of 23.67% for the quarter that ended in Mar. 2024 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for PT Indonesia Prima Property Tbk was 1.50% per year.


PT Indonesia Prima Property Tbk Gross Margin % Historical Data

The historical data trend for PT Indonesia Prima Property Tbk'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.

PT Indonesia Prima Property Tbk Gross Margin % Chart

PT Indonesia Prima Property Tbk 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 37.01 20.11 42.02 42.98 33.21

PT Indonesia Prima Property Tbk Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 30.78 34.14 31.14 36.45 23.67

Competitive Comparison of PT Indonesia Prima Property Tbk's Gross Margin %

For the Real Estate Services subindustry, PT Indonesia Prima Property Tbk'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.


PT Indonesia Prima Property Tbk's Gross Margin % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, PT Indonesia Prima Property Tbk's Gross Margin % distribution charts can be found below:

* The bar in red indicates where PT Indonesia Prima Property Tbk's Gross Margin % falls into.



PT Indonesia Prima Property Tbk Gross Margin % Calculation

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

PT Indonesia Prima Property Tbk'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 )
=23700.4 / 71374.127
=(Revenue - Cost of Goods Sold) / Revenue
=(71374.127 - 47673.738) / 71374.127
=33.21 %

PT Indonesia Prima Property Tbk's Gross Margin for the quarter that ended in Mar. 2024 is calculated as


Gross Margin % (Q: Mar. 2024 )=Gross Profit (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=3331.7 / 14077.739
=(Revenue - Cost of Goods Sold) / Revenue
=(14077.739 - 10746.013) / 14077.739
=23.67 %

* 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.


PT Indonesia Prima Property Tbk  (ISX:OMRE) 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

PT Indonesia Prima Property Tbk had a gross margin of 23.67% for the quarter that ended in Mar. 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.


PT Indonesia Prima Property Tbk Gross Margin % Related Terms

Thank you for viewing the detailed overview of PT Indonesia Prima Property Tbk's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


PT Indonesia Prima Property Tbk (ISX:OMRE) Business Description

Traded in Other Exchanges
N/A
Address
Jalan Jendral Sudirman Kav. 34, Karet Tengsin, Tanah Abang, Jakarta Pusat, IDN, 10220
PT Indonesia Prima Property Tbk is a property management company in Indonesia. It firm engages in the construction and development of housing and apartment complexes and hotels, including their supporting facilities. It operates through four main segments namely, Shopping center space rental, Rental and sale of the apartment, Hotel, and Sale of residential. Geographically it operates in Indonesia and most of its revenue is derived from the hotel segment.

PT Indonesia Prima Property Tbk (ISX:OMRE) Headlines

No Headlines