GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Circle Property PLC (LSE:CRC) » Definitions » Gross Margin %

Circle Property (LSE:CRC) Gross Margin % : 73.36% (As of Sep. 2022)


View and export this data going back to 2016. Start your Free Trial

What is Circle Property Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Circle Property's Gross Profit for the six months ended in Sep. 2022 was £1.77 Mil. Circle Property's Revenue for the six months ended in Sep. 2022 was £2.42 Mil. Therefore, Circle Property's Gross Margin % for the quarter that ended in Sep. 2022 was 73.36%.


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


LSE:CRC's Gross Margin % is not ranked *
in the Real Estate industry.
Industry Median: 36.34
* Ranked among companies with meaningful Gross Margin % only.

Circle Property had a gross margin of 73.36% for the quarter that ended in Sep. 2022 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Circle Property was 0.00% per year.


Circle Property Gross Margin % Historical Data

The historical data trend for Circle Property'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.

Circle Property Gross Margin % Chart

Circle Property Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22
Gross Margin %
Get a 7-Day Free Trial 86.62 73.18 68.33 69.23 72.07

Circle Property Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 67.62 70.90 62.30 79.55 73.36

Competitive Comparison of Circle Property's Gross Margin %

For the Real Estate Services subindustry, Circle Property'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.


Circle Property's Gross Margin % Distribution in the Real Estate Industry

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

* The bar in red indicates where Circle Property's Gross Margin % falls into.



Circle Property Gross Margin % Calculation

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

Circle Property's Gross Margin for the fiscal year that ended in Mar. 2022 is calculated as

Gross Margin % (A: Mar. 2022 )=Gross Profit (A: Mar. 2022 ) / Revenue (A: Mar. 2022 )
=5.4 / 7.458
=(Revenue - Cost of Goods Sold) / Revenue
=(7.458 - 2.083) / 7.458
=72.07 %

Circle Property's Gross Margin for the quarter that ended in Sep. 2022 is calculated as


Gross Margin % (Q: Sep. 2022 )=Gross Profit (Q: Sep. 2022 ) / Revenue (Q: Sep. 2022 )
=1.8 / 2.417
=(Revenue - Cost of Goods Sold) / Revenue
=(2.417 - 0.644) / 2.417
=73.36 %

* 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.


Circle Property  (LSE:CRC) 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

Circle Property had a gross margin of 73.36% for the quarter that ended in Sep. 2022 => 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.


Circle Property Gross Margin % Related Terms

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


Circle Property (LSE:CRC) Business Description

Traded in Other Exchanges
N/A
Address
c/o Oak Group (Jersey) Ltd, Castle Street, 3rd Floor, IFC5, St Helier, JEY, JE2 3BY
Circle Property PLC is a property investment company. The company acquires provincial office properties where it can add value by undertaking lease renewals, rent reviews, lettings, and refurbishments. It generates revenue from Rental income. Some of the company's portfolio include Kents Hill Park, Somerset House, One Castlepark, 36 Great Charles Street, Aztec West Business Park, Northampton Business Park, and others. Geographically, it operates only in the United Kingdom.