GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Kiwi Property Group Ltd (NZSE:KPG) » Definitions » Gross Margin %

Kiwi Property Group (NZSE:KPG) Gross Margin % : 75.42% (As of Sep. 2024)


View and export this data going back to 1993. Start your Free Trial

What is Kiwi Property Group Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Kiwi Property Group's Gross Profit for the six months ended in Sep. 2024 was NZ$95.3 Mil. Kiwi Property Group's Revenue for the six months ended in Sep. 2024 was NZ$126.4 Mil. Therefore, Kiwi Property Group's Gross Margin % for the quarter that ended in Sep. 2024 was 75.42%.


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

NZSE:KPG' s Gross Margin % Range Over the Past 10 Years
Min: 74.84   Med: 77.46   Max: 99.2
Current: 76.06


During the past 10 years, the highest Gross Margin % of Kiwi Property Group was 99.20%. The lowest was 74.84%. And the median was 77.46%.

NZSE:KPG's Gross Margin % is ranked better than
64.44% of 689 companies
in the REITs industry
Industry Median: 68.63 vs NZSE:KPG: 76.06

Kiwi Property Group had a gross margin of 75.42% for the quarter that ended in Sep. 2024 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Kiwi Property Group was 0.20% per year.


Kiwi Property Group Gross Margin % Historical Data

The historical data trend for Kiwi Property Group'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.

Kiwi Property Group Gross Margin % Chart

Kiwi Property Group Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 77.62 74.84 76.35 79.40 76.87

Kiwi Property Group Semi-Annual Data
Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
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 77.33 81.51 77.04 76.71 75.42

Competitive Comparison of Kiwi Property Group's Gross Margin %

For the REIT - Diversified subindustry, Kiwi Property Group'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.


Kiwi Property Group's Gross Margin % Distribution in the REITs Industry

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

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


;
;

Kiwi Property Group Gross Margin % Calculation

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

Kiwi Property Group's Gross Margin for the fiscal year that ended in Mar. 2024 is calculated as

Gross Margin % (A: Mar. 2024 )=Gross Profit (A: Mar. 2024 ) / Revenue (A: Mar. 2024 )
=184.9 / 240.541
=(Revenue - Cost of Goods Sold) / Revenue
=(240.541 - 55.632) / 240.541
=76.87 %

Kiwi Property Group's Gross Margin for the quarter that ended in Sep. 2024 is calculated as


Gross Margin % (Q: Sep. 2024 )=Gross Profit (Q: Sep. 2024 ) / Revenue (Q: Sep. 2024 )
=95.3 / 126.405
=(Revenue - Cost of Goods Sold) / Revenue
=(126.405 - 31.074) / 126.405
=75.42 %

* 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.


Kiwi Property Group  (NZSE:KPG) 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

Kiwi Property Group had a gross margin of 75.42% for the quarter that ended in Sep. 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.


Kiwi Property Group Gross Margin % Related Terms

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


Kiwi Property Group Business Description

Traded in Other Exchanges
Address
48 Shortland Street, P.O. Box 2071, Level 7, Vero Centre, Auckland, NTL, NZL, 1140
Kiwi Property Group Ltd is a New Zealand based company involved in the real estate business. The company operating segments includes Mixed-use, Retail, Office, and Other. It generates maximum revenue from the Mixed-use segment.

Kiwi Property Group Headlines

No Headlines