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Safari Investments RSA (JSE:SAR) Gross Margin % : 93.62% (As of Sep. 2023)


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What is Safari Investments RSA Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Safari Investments RSA's Gross Profit for the six months ended in Sep. 2023 was R238.1 Mil. Safari Investments RSA's Revenue for the six months ended in Sep. 2023 was R254.3 Mil. Therefore, Safari Investments RSA's Gross Margin % for the quarter that ended in Sep. 2023 was 93.62%.


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

JSE:SAR' s Gross Margin % Range Over the Past 10 Years
Min: 88.5   Med: 91.74   Max: 98.44
Current: 90.75


During the past 13 years, the highest Gross Margin % of Safari Investments RSA was 98.44%. The lowest was 88.50%. And the median was 91.74%.

JSE:SAR's Gross Margin % is ranked better than
85.82% of 691 companies
in the REITs industry
Industry Median: 68.95 vs JSE:SAR: 90.75

Safari Investments RSA had a gross margin of 93.62% for the quarter that ended in Sep. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Safari Investments RSA was 0.00% per year.


Safari Investments RSA Gross Margin % Historical Data

The historical data trend for Safari Investments RSA'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.

Safari Investments RSA Gross Margin % Chart

Safari Investments RSA Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 94.34 98.44 89.14 88.50

Safari Investments RSA Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 89.56 88.74 89.41 87.64 93.62

Competitive Comparison of Safari Investments RSA's Gross Margin %

For the REIT - Diversified subindustry, Safari Investments RSA'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.


Safari Investments RSA's Gross Margin % Distribution in the REITs Industry

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

* The bar in red indicates where Safari Investments RSA's Gross Margin % falls into.



Safari Investments RSA Gross Margin % Calculation

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

Safari Investments RSA's Gross Margin for the fiscal year that ended in Mar. 2023 is calculated as

Gross Margin % (A: Mar. 2023 )=Gross Profit (A: Mar. 2023 ) / Revenue (A: Mar. 2023 )
=404.3 / 456.899
=(Revenue - Cost of Goods Sold) / Revenue
=(456.899 - 52.55) / 456.899
=88.50 %

Safari Investments RSA's Gross Margin for the quarter that ended in Sep. 2023 is calculated as


Gross Margin % (Q: Sep. 2023 )=Gross Profit (Q: Sep. 2023 ) / Revenue (Q: Sep. 2023 )
=238.1 / 254.294
=(Revenue - Cost of Goods Sold) / Revenue
=(254.294 - 16.216) / 254.294
=93.62 %

* 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.


Safari Investments RSA  (JSE:SAR) 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

Safari Investments RSA had a gross margin of 93.62% for the quarter that ended in Sep. 2023 => 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.


Safari Investments RSA Gross Margin % Related Terms

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


Safari Investments RSA Business Description

Traded in Other Exchanges
N/A
Address
410 Lynnwood Road, Lynnwood, Pretoria, GT, ZAF, 0081
Safari Investments RSA Ltd is a real estate investment trust. The Company earns revenue from the leasing of investment property and recoveries of property expenses. The company's operating segments includes Atteridgeville, Mamelodi, Sebokeng, Limpopo, Heidelberg, and Namibia. It generates maximum revenue from the Atteridgeville segment.