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IFA Hotels & Resorts Co KSCC (KUW:IFAHR) Gross Margin % : 58.22% (As of Mar. 2024)


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What is IFA Hotels & Resorts Co KSCC Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. IFA Hotels & Resorts Co KSCC's Gross Profit for the three months ended in Mar. 2024 was KWD6.06 Mil. IFA Hotels & Resorts Co KSCC's Revenue for the three months ended in Mar. 2024 was KWD10.41 Mil. Therefore, IFA Hotels & Resorts Co KSCC's Gross Margin % for the quarter that ended in Mar. 2024 was 58.22%.


The historical rank and industry rank for IFA Hotels & Resorts Co KSCC's Gross Margin % or its related term are showing as below:

KUW:IFAHR' s Gross Margin % Range Over the Past 10 Years
Min: 11.1   Med: 37.46   Max: 58.37
Current: 58.37


During the past 13 years, the highest Gross Margin % of IFA Hotels & Resorts Co KSCC was 58.37%. The lowest was 11.10%. And the median was 37.46%.

KUW:IFAHR's Gross Margin % is ranked better than
70.83% of 1656 companies
in the Real Estate industry
Industry Median: 36.6 vs KUW:IFAHR: 58.37

IFA Hotels & Resorts Co KSCC had a gross margin of 58.22% for the quarter that ended in Mar. 2024 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for IFA Hotels & Resorts Co KSCC was 39.10% per year.


IFA Hotels & Resorts Co KSCC Gross Margin % Historical Data

The historical data trend for IFA Hotels & Resorts Co KSCC'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.

IFA Hotels & Resorts Co KSCC Gross Margin % Chart

IFA Hotels & Resorts Co KSCC 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 11.10 39.90 35.24 39.68 54.92

IFA Hotels & Resorts Co KSCC 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 47.31 45.63 41.32 80.91 58.22

Competitive Comparison of IFA Hotels & Resorts Co KSCC's Gross Margin %

For the Real Estate Services subindustry, IFA Hotels & Resorts Co KSCC'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.


IFA Hotels & Resorts Co KSCC's Gross Margin % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, IFA Hotels & Resorts Co KSCC's Gross Margin % distribution charts can be found below:

* The bar in red indicates where IFA Hotels & Resorts Co KSCC's Gross Margin % falls into.



IFA Hotels & Resorts Co KSCC Gross Margin % Calculation

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

IFA Hotels & Resorts Co KSCC'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 )
=19.3 / 35.117
=(Revenue - Cost of Goods Sold) / Revenue
=(35.117 - 15.829) / 35.117
=54.92 %

IFA Hotels & Resorts Co KSCC'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 )
=6.1 / 10.414
=(Revenue - Cost of Goods Sold) / Revenue
=(10.414 - 4.351) / 10.414
=58.22 %

* 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.


IFA Hotels & Resorts Co KSCC  (KUW:IFAHR) 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

IFA Hotels & Resorts Co KSCC had a gross margin of 58.22% for the quarter that ended in Mar. 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.


IFA Hotels & Resorts Co KSCC Gross Margin % Related Terms

Thank you for viewing the detailed overview of IFA Hotels & Resorts Co KSCC's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


IFA Hotels & Resorts Co KSCC (KUW:IFAHR) Business Description

Traded in Other Exchanges
N/A
Address
Souk Al-Kuwait Building, Block A, P.O. Box 4694, 8th Floor, Al Abdul Razzak Square, Safat, Kuwait City, KWT, 13047
IFA Hotels & Resorts Co KSCC is engaged in the development and operations of mixed-use hotel and tourism resort projects and luxury leisure services. In addition, it invests in the land; and engages in property development activities. The company operates in four reportable segments namely property development, hoteliering, investments, and others. The majority of the revenue is generated from the property development segment. Its geographical segments include Kuwait, United Arab Emirates & Asia, Africa, and others, of which majority revenue comes from the United Arab Emirates & Asia.

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