MRGIF (Mori Trust Reit) Gross Margin %: 70.97% (As of Feb. 2024)


MRGIF Mori Trust Reit Inc MRGIF
12 GF Score
Price $914.45
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What is Mori Trust Reit Gross Margin %?

Mori Trust Reit MRGIF 12 Gross Margin % is 70.97% as of Feb. 2024. GuruFocus rates MRGIF with a GF Score™ of 12/100.

Gross Margin % is calculated as gross profit divided by its revenue. Mori Trust Reit's Gross Profit for the six months ended in Feb. 2024 was $57.3 Mil. Mori Trust Reit's Revenue for the six months ended in Feb. 2024 was $80.7 Mil. Therefore, Mori Trust Reit's Gross Margin % for the quarter that ended in Feb. 2024 was 70.97%.


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


MRGIF's Gross Margin % is not ranked *
in the REITs industry.
Industry Median: 69.61
* Ranked among companies with meaningful Gross Margin % only.

Mori Trust Reit had a gross margin of 70.97% for the quarter that ended in Feb. 2024 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Mori Trust Reit was 0.00% per year.


Mori Trust Reit  (OTCPK:MRGIF) 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

Mori Trust Reit had a gross margin of 70.97% for the quarter that ended in Feb. 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.


Mori Trust Reit Gross Margin % Related Terms


Mori Trust Reit Gross Margin % Historical Data

* Premium members only.

The historical data trend for Mori Trust Reit'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.

Mori Trust Reit Gross Margin % Chart

Mori Trust Reit Annual Data
Trend Sep13 Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 65.25 65.62 66.17 66.47 60.58

Mori Trust Reit Semi-Annual Data
Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Aug23 Feb24 Aug24
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 64.53 55.70 71.36 70.97 69.06

MRGIF vs ARE, BXP, VNO: Gross Margin % Comparison

For the REIT - Office subindustry, Mori Trust Reit'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.


Mori Trust Reit Gross Margin % vs REITs Industry

For the REITs industry and Real Estate sector, Mori Trust Reit's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Mori Trust Reit's Gross Margin % falls into.


MRGIF
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Mori Trust Reit Inc MRGIF
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Mori Trust Reit Gross Margin % Calculation

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

Mori Trust Reit's Gross Margin for the fiscal year that ended in Sep. 2022 is calculated as

Gross Margin % (A: Sep. 2022 )=Gross Profit (A: Sep. 2022 ) / Revenue (A: Sep. 2022 )
=65.2 / 107.693
=(Revenue - Cost of Goods Sold) / Revenue
=(107.693 - 42.453) / 107.693
=60.58 %

Mori Trust Reit's Gross Margin for the quarter that ended in Feb. 2024 is calculated as


Gross Margin % (Q: Feb. 2024 )=Gross Profit (Q: Feb. 2024 ) / Revenue (Q: Feb. 2024 )
=57.3 / 80.746
=(Revenue - Cost of Goods Sold) / Revenue
=(80.746 - 23.444) / 80.746
=70.97 %

* 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 70.97% mean?
Mori Trust Reit (MRGIF) has a Gross Margin % of 70.97% as of Feb. 2024. Gross margin is the ratio of total gross profit to net sales. View historical data on Mori Trust Reit and its competitors.
Is Mori Trust Reit's Gross Margin % too high?
Mori Trust Reit's current Gross Margin % is 70.97%. The REITs industry median Gross Margin % is 69.61. Mori Trust Reit's value of 70.97% is 2% above this industry median. Overall, Mori Trust Reit has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Mori Trust Reit's Gross Margin % compare to ARE and BXP?
Mori Trust Reit's Gross Margin % of 70.97% can be compared against companies in the REITs industry. The industry median Gross Margin % is 69.61. Mori Trust Reit's value of 70.97% is 2% 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 REITs company?
The median Gross Margin % among REITs companies is 69.61, based on 680 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. Mori Trust Reit's current Gross Margin % of 70.97% is 2% 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 Mori Trust Reit and its competitors. For the REITs industry, the median Gross Margin % is 69.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mori Trust Reit's current Gross Margin % is 70.97%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mori Trust Reit stock overvalued right now?
Mori Trust Reit (MRGIF) has a current Gross Margin % of 70.97%. The current Gross Margin % is 70.97% and 2% above the REITs industry median of 69.61. Mori Trust Reit's 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 Mori Trust Reit (MRGIF), the current Gross Margin % is 70.97% as of Feb. 2024. 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.

Mori Trust Reit Business Description

Industry Real EstateREITs
Address 3-1 Toranomon 4-chome, Minato-ku, Tokyo, JPN
Mori Trust Reit Inc is a real estate investment trust company. Its objective is to achieve sustainable growth and stable earnings from mid- to long-term perspectives. It invests in office buildings, commercial facilities, housings, and hotels. The company owns more than 10 properties in and around Central Tokyo and others. The company generates its revenue from its leasing business.
12GF Score

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Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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