MHPC (Manufactured Housing Properties) Gross Margin %: 82.31% (As of Sep. 2023)


MHPC Manufactured Housing Properties Inc MHPC
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What is Manufactured Housing Properties Gross Margin %?

Manufactured Housing Properties MHPC 12 Gross Margin % is 82.31% as of Sep. 2023. GuruFocus rates MHPC with a GF Score™ of 12/100.

Gross Margin % is calculated as gross profit divided by its revenue. Manufactured Housing Properties's Gross Profit for the three months ended in Sep. 2023 was $3.87 Mil. Manufactured Housing Properties's Revenue for the three months ended in Sep. 2023 was $4.70 Mil. Therefore, Manufactured Housing Properties's Gross Margin % for the quarter that ended in Sep. 2023 was 82.31%.


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


MHPC's Gross Margin % is not ranked *
in the Real Estate industry.
Industry Median: 36.96
* Ranked among companies with meaningful Gross Margin % only.

Manufactured Housing Properties had a gross margin of 82.31% for the quarter that ended in Sep. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Manufactured Housing Properties was 0.00% per year.


Manufactured Housing Properties  (OTCPK:MHPC) 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

Manufactured Housing Properties had a gross margin of 82.31% 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.


Manufactured Housing Properties Gross Margin % Related Terms


Manufactured Housing Properties Gross Margin % Historical Data

* Premium members only.

The historical data trend for Manufactured Housing Properties'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.

Manufactured Housing Properties Gross Margin % Chart

Manufactured Housing Properties Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 89.20 86.59 88.94 87.56 84.79

Manufactured Housing Properties Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 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 86.63 85.34 85.74 84.38 82.31

MHPC vs WEWKQ, GYRO, LRHC: Gross Margin % Comparison

For the Real Estate Services subindustry, Manufactured Housing Properties'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.


Manufactured Housing Properties Gross Margin % vs Real Estate Industry

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

* The bar in red indicates where Manufactured Housing Properties's Gross Margin % falls into.


MHPC
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Manufactured Housing Properties Inc MHPC
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Manufactured Housing Properties Gross Margin % Calculation

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

Manufactured Housing Properties's Gross Margin for the fiscal year that ended in Dec. 2022 is calculated as

Gross Margin % (A: Dec. 2022 )=Gross Profit (A: Dec. 2022 ) / Revenue (A: Dec. 2022 )
=12 / 14.202
=(Revenue - Cost of Goods Sold) / Revenue
=(14.202 - 2.16) / 14.202
=84.79 %

Manufactured Housing Properties'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 )
=3.9 / 4.702
=(Revenue - Cost of Goods Sold) / Revenue
=(4.702 - 0.832) / 4.702
=82.31 %

* 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.

Frequently Asked Questions Learn more about Gross Margin % →
What does a Gross Margin % of 82.31% mean?
Manufactured Housing Properties (MHPC) has a Gross Margin % of 82.31% as of Sep. 2023. Gross margin is the ratio of total gross profit to net sales. View historical data on Manufactured Housing Properties and its competitors.
Is Manufactured Housing Properties' Gross Margin % too high?
Manufactured Housing Properties' current Gross Margin % is 82.31%. The Real Estate industry median Gross Margin % is 36.96. Manufactured Housing Properties' value of 82.31% is 122.7% above this industry median. Overall, Manufactured Housing Properties has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Manufactured Housing Properties' Gross Margin % compare to WEWKQ and GYRO?
Manufactured Housing Properties' Gross Margin % of 82.31% can be compared against companies in the Real Estate industry. The industry median Gross Margin % is 36.96. Manufactured Housing Properties' value of 82.31% is 122.7% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Margin % for a Real Estate company?
The median Gross Margin % among Real Estate companies is 36.96, based on 1,644 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Manufactured Housing Properties's current Gross Margin % of 82.31% is 122.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on Manufactured Housing Properties and its competitors. For the Real Estate industry, the median Gross Margin % is 36.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Manufactured Housing Properties's current Gross Margin % is 82.31%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Manufactured Housing Properties stock overvalued right now?
Manufactured Housing Properties (MHPC) has a current Gross Margin % of 82.31%. The current Gross Margin % is 82.31% and 122.7% above the Real Estate industry median of 36.96. Manufactured Housing Properties' overall GF Score™ is 12/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For Manufactured Housing Properties (MHPC), the current Gross Margin % is 82.31% as of Sep. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Manufactured Housing Properties Business Description

Address 136 Main Street, Pineville, NC, USA, 28134
Manufactured Housing Properties Inc is a self-administered, self-managed, vertically integrated owner and operator of manufactured housing communities. It provides non-subsidized affordable housing facilities. The company earns income from leasing manufactured home sites to tenants who own their manufactured homes as well as the rental of company-owned manufactured homes to residents of the communities. Its communities are located in Georgia, North Carolina, South Carolina, and Tennessee.
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