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SAorate Real Estate (JSE:SAC) Gross Margin % : 0.00% (As of Jun. 2024)


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What is SAorate Real Estate Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. SAorate Real Estate's Gross Profit for the six months ended in Jun. 2024 was R1,460 Mil. SAorate Real Estate's Revenue for the six months ended in Jun. 2024 was R1,460 Mil. Therefore, SAorate Real Estate's Gross Margin % for the quarter that ended in Jun. 2024 was 0.00%. If there's no value for Cost of Goods Sold, then Gross Margin % is not calculated.

Warning Sign:

SA Corporate Real Estate Ltd gross margin has been in long-term decline. The average rate of decline per year is -1.4%.


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

JSE:SAC' s Gross Margin % Range Over the Past 10 Years
Min: 60.21   Med: 64.43   Max: 66.45
Current: 60.21


During the past 13 years, the highest Gross Margin % of SAorate Real Estate was 66.45%. The lowest was 60.21%. And the median was 64.43%.

JSE:SAC's Gross Margin % is ranked worse than
68.21% of 689 companies
in the REITs industry
Industry Median: 68.88 vs JSE:SAC: 60.21

SAorate Real Estate had a gross margin of N/A% for the quarter that ended in Jun. 2024 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for SAorate Real Estate was -1.40% per year.


SAorate Real Estate Gross Margin % Historical Data

The historical data trend for SAorate Real Estate'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.

SAorate Real Estate Gross Margin % Chart

SAorate Real Estate 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 65.45 62.19 63.51 60.86 60.21

SAorate Real Estate Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 - - - - -

Competitive Comparison of SAorate Real Estate's Gross Margin %

For the REIT - Diversified subindustry, SAorate Real Estate'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.


SAorate Real Estate's Gross Margin % Distribution in the REITs Industry

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

* The bar in red indicates where SAorate Real Estate's Gross Margin % falls into.



SAorate Real Estate Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue. (Note that if there's no value for Cost of Goods Sold, then Gross Margin % is not calculated.)

SAorate Real Estate'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 )
=1493.6 / 2480.458
=(Revenue - Cost of Goods Sold) / Revenue
=(2480.458 - 986.852) / 2480.458
=60.21 %

SAorate Real Estate's Gross Margin for the quarter that ended in Jun. 2024 is calculated as


Gross Margin % (Q: Jun. 2024 )=Gross Profit (Q: Jun. 2024 ) / Revenue (Q: Jun. 2024 )
=1459.6 / 1459.637
=(Revenue - Cost of Goods Sold) / Revenue
=(1459.637 - 0) / 1459.637
=N/A %

* 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.


SAorate Real Estate  (JSE:SAC) 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

SAorate Real Estate had a gross margin of N/A% for the quarter that ended in Jun. 2024 => 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.


SAorate Real Estate Gross Margin % Related Terms

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SAorate Real Estate Business Description

Traded in Other Exchanges
N/A
Address
Corner Lower Road and West Road South, GreenPark Corner, 16th Floor, Morningside, Johannesburg, GT, ZAF, 2196
SA Corporate Real Estate Ltd is a real estate investment trust. The company's portfolio includes mostly industrial and retail properties, with the remainder inner-city residential and commercial assets. The properties are mainly located in the metropolitan centres of South Africa, with more than half located in Gauteng, approximately one third in KwaZulu-Natal, and the others in Western Cape and other regions. The company's tenants consist of large national tenants, government tenants and franchisees. Its reportable segments are; Retail, Industrial, Commercial, Afhco (which largely consists of residential properties), and Corporate. The company generates a majority of its revenue from the Retail segment.

SAorate Real Estate Headlines

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