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Resilient REIT (JSE:RES) Gross Margin % : 61.63% (As of Dec. 2024)


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What is Resilient REIT Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Resilient REIT's Gross Profit for the six months ended in Dec. 2024 was R1,153 Mil. Resilient REIT's Revenue for the six months ended in Dec. 2024 was R1,871 Mil. Therefore, Resilient REIT's Gross Margin % for the quarter that ended in Dec. 2024 was 61.63%.

Warning Sign:

Resilient REIT Ltd gross margin has been in long-term decline. The average rate of decline per year is -3.2%.


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

JSE:RES' s Gross Margin % Range Over the Past 10 Years
Min: 62.21   Med: 66.45   Max: 75.92
Current: 62.21


During the past 13 years, the highest Gross Margin % of Resilient REIT was 75.92%. The lowest was 62.21%. And the median was 66.45%.

JSE:RES's Gross Margin % is ranked worse than
64.4% of 691 companies
in the REITs industry
Industry Median: 68.94 vs JSE:RES: 62.21

Resilient REIT had a gross margin of 61.63% for the quarter that ended in Dec. 2024 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Resilient REIT was -3.20% per year.


Resilient REIT Gross Margin % Historical Data

The historical data trend for Resilient REIT'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.

Resilient REIT Gross Margin % Chart

Resilient REIT Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Dec22 Dec23 Dec24
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 71.44 62.59 64.87 63.27 62.21

Resilient REIT Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 64.27 65.68 60.95 62.81 61.63

Competitive Comparison of Resilient REIT's Gross Margin %

For the REIT - Retail subindustry, Resilient REIT'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.


Resilient REIT's Gross Margin % Distribution in the REITs Industry

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

* The bar in red indicates where Resilient REIT's Gross Margin % falls into.


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Resilient REIT Gross Margin % Calculation

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

Resilient REIT's Gross Margin for the fiscal year that ended in Dec. 2024 is calculated as

Gross Margin % (A: Dec. 2024 )=Gross Profit (A: Dec. 2024 ) / Revenue (A: Dec. 2024 )
=2271.6 / 3651.771
=(Revenue - Cost of Goods Sold) / Revenue
=(3651.771 - 1380.15) / 3651.771
=62.21 %

Resilient REIT's Gross Margin for the quarter that ended in Dec. 2024 is calculated as


Gross Margin % (Q: Dec. 2024 )=Gross Profit (Q: Dec. 2024 ) / Revenue (Q: Dec. 2024 )
=1153.2 / 1871.184
=(Revenue - Cost of Goods Sold) / Revenue
=(1871.184 - 718.03) / 1871.184
=61.63 %

* 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.


Resilient REIT  (JSE:RES) 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

Resilient REIT had a gross margin of 61.63% for the quarter that ended in Dec. 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.


Resilient REIT Gross Margin % Related Terms

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


Resilient REIT Business Description

Traded in Other Exchanges
N/A
Address
Rivonia Boulevard, 4th Floor, Rivonia Village, Rivonia, Johannesburg, GT, ZAF, 2191
Resilient REIT Ltd is a South Africa-based real estate investment trust. The company's portfolio consists of regional shopping malls tenanted by national retailers. Resilient's properties are mostly located in nonmetropolitan areas, including Limpopo, Gauteng, Mpumalanga, Northern Cape, and KwaZulu-Natal. The company operates through two segments: Corporate and Retail. The company further divides the segments geographically into South Africa, Portugal, and Nigeria with the South Africa segment generating the majority of total revenue. Resilient internally manages its assets, and outsources the property management to third-party companies.