/term/gross-margin/MODVF MODVF (Melcor Developments) Gross Margin %
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Melcor Developments (Melcor Developments) Gross Margin % : 47.46% (As of Mar. 2024)


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What is Melcor Developments Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Melcor Developments's Gross Profit for the three months ended in Mar. 2024 was $17.4 Mil. Melcor Developments's Revenue for the three months ended in Mar. 2024 was $36.8 Mil. Therefore, Melcor Developments's Gross Margin % for the quarter that ended in Mar. 2024 was 47.46%.


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

MODVF' s Gross Margin % Range Over the Past 10 Years
Min: 43.3   Med: 45.55   Max: 48.92
Current: 44.91


During the past 13 years, the highest Gross Margin % of Melcor Developments was 48.92%. The lowest was 43.30%. And the median was 45.55%.

MODVF's Gross Margin % is ranked better than
59.27% of 1650 companies
in the Real Estate industry
Industry Median: 36.36 vs MODVF: 44.91

Melcor Developments had a gross margin of 47.46% for the quarter that ended in Mar. 2024 => Durable competitive advantage

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


Melcor Developments Gross Margin % Historical Data

The historical data trend for Melcor Developments'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.

Melcor Developments Gross Margin % Chart

Melcor Developments 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 46.54 43.30 44.40 48.92 45.16

Melcor Developments 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 50.55 51.91 45.78 39.64 47.46

Competitive Comparison of Melcor Developments's Gross Margin %

For the Real Estate - Development subindustry, Melcor Developments'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.


Melcor Developments's Gross Margin % Distribution in the Real Estate Industry

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

* The bar in red indicates where Melcor Developments's Gross Margin % falls into.



Melcor Developments Gross Margin % Calculation

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

Melcor Developments'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 )
=106.1 / 234.972
=(Revenue - Cost of Goods Sold) / Revenue
=(234.972 - 128.866) / 234.972
=45.16 %

Melcor Developments'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 )
=17.4 / 36.752
=(Revenue - Cost of Goods Sold) / Revenue
=(36.752 - 19.311) / 36.752
=47.46 %

* 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.


Melcor Developments  (OTCPK:MODVF) 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

Melcor Developments had a gross margin of 47.46% 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.


Melcor Developments Gross Margin % Related Terms

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Melcor Developments (Melcor Developments) Business Description

Traded in Other Exchanges
Address
10310 Jasper Avenue, Suite 900, Edmonton, AB, CAN, T5J 1Y8
Melcor Developments Ltd is a real estate development company. It develops and manages mixed-use residential communities, business and industrial parks, office buildings, retail commercial centers, and golf courses. Its divisions include Community Development, which is engaged in acquiring raw land and planning residential communities and commercial developments; Property Development, which is engaged in project managing development, leasing, and construction of commercial properties; Investment Properties operates a portfolio of commercial and residential properties, focused on property improvements and capital appreciation; the REIT, which is engaged in acquiring and owning leasable office, retail, industrial and residential sites; Recreation Property and Corporate.