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Keppel Pacific Oak US REIT (SGX:CMOU) Gross Margin % : 55.00% (As of Dec. 2023)


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What is Keppel Pacific Oak US REIT Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Keppel Pacific Oak US REIT's Gross Profit for the six months ended in Dec. 2023 was $40.0 Mil. Keppel Pacific Oak US REIT's Revenue for the six months ended in Dec. 2023 was $72.7 Mil. Therefore, Keppel Pacific Oak US REIT's Gross Margin % for the quarter that ended in Dec. 2023 was 55.00%.

Warning Sign:

Keppel Pacific Oak US REIT gross margin has been in long-term decline. The average rate of decline per year is -1.7%.


The historical rank and industry rank for Keppel Pacific Oak US REIT's Gross Margin % or its related term are showing as below:

SGX:CMOU' s Gross Margin % Range Over the Past 10 Years
Min: 54.66   Med: 56.72   Max: 60.61
Current: 55.73


During the past 8 years, the highest Gross Margin % of Keppel Pacific Oak US REIT was 60.61%. The lowest was 54.66%. And the median was 56.72%.

SGX:CMOU's Gross Margin % is ranked worse than
76.18% of 634 companies
in the REITs industry
Industry Median: 68.145 vs SGX:CMOU: 55.73

Keppel Pacific Oak US REIT had a gross margin of 55.00% for the quarter that ended in Dec. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Keppel Pacific Oak US REIT was -1.70% per year.


Keppel Pacific Oak US REIT Gross Margin % Historical Data

The historical data trend for Keppel Pacific Oak US 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.

* Premium members only.

Keppel Pacific Oak US REIT Gross Margin % Chart

Keppel Pacific Oak US REIT Annual Data
Trend Dec15 Dec16 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial 59.21 58.30 57.60 55.84 55.73

Keppel Pacific Oak US REIT Semi-Annual Data
Dec15 Jun16 Dec16 Jun17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 56.78 57.03 54.65 56.46 55.00

Competitive Comparison of Keppel Pacific Oak US REIT's Gross Margin %

For the REIT - Office subindustry, Keppel Pacific Oak US 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.


Keppel Pacific Oak US REIT's Gross Margin % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Keppel Pacific Oak US REIT's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Keppel Pacific Oak US REIT's Gross Margin % falls into.



Keppel Pacific Oak US REIT Gross Margin % Calculation

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

Keppel Pacific Oak US REIT'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 )
=81.6 / 146.495
=(Revenue - Cost of Goods Sold) / Revenue
=(146.495 - 64.848) / 146.495
=55.73 %

Keppel Pacific Oak US REIT's Gross Margin for the quarter that ended in Dec. 2023 is calculated as


Gross Margin % (Q: Dec. 2023 )=Gross Profit (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=40 / 72.686
=(Revenue - Cost of Goods Sold) / Revenue
=(72.686 - 32.711) / 72.686
=55.00 %

* 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.


Keppel Pacific Oak US REIT  (SGX:CMOU) 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

Keppel Pacific Oak US REIT had a gross margin of 55.00% for the quarter that ended in Dec. 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.


Keppel Pacific Oak US REIT Gross Margin % Related Terms

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


Keppel Pacific Oak US REIT (SGX:CMOU) Business Description

Traded in Other Exchanges
N/A
Address
1 Harbourfront Avenue, Level 2, Keppel Bay Tower, No. 18-01, Singapore, SGP, 098632
Keppel Pacific Oak US REIT is a Singapore based real estate investment trust. It invests in a diversified portfolio of income-producing commercial assets and real estate-related assets. Its portfolio comprises of commercial properties located in the key growth markets of the United States. The group's key objectives are to provide sustainable distribution and total returns for the unitholders. It derives mojority revenue in the form of Rental Income.

Keppel Pacific Oak US REIT (SGX:CMOU) Headlines

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