TAGOF (TAG Immobilien AG) Gross Margin % : 28.25% (As of Sep. 2024)

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What is TAG Immobilien AG Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. TAG Immobilien AG's Gross Profit for the three months ended in Sep. 2024 was $99 Mil. TAG Immobilien AG's Revenue for the three months ended in Sep. 2024 was $352 Mil. Therefore, TAG Immobilien AG's Gross Margin % for the quarter that ended in Sep. 2024 was 28.25%.

Warning Sign:

TAG Immobilien AG gross margin has been in long-term decline. The average rate of decline per year is -10.8%.

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

TAGOF' s Gross Margin % Range Over the Past 10 Years
Min: 29.75 Med: 49.6 Max: 67.32
Current: 31.46

During the past 13 years, the highest Gross Margin % of TAG Immobilien AG was 67.32%. The lowest was 29.75%. And the median was 49.60%.

TAGOF's Gross Margin % is ranked worse than
57.8% of 1642 companies
in the Real Estate industry
Industry Median: 36.125 vs TAGOF: 31.46

TAG Immobilien AG had a gross margin of 28.25% for the quarter that ended in Sep. 2024 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for TAG Immobilien AG was -10.80% per year.

TAG Immobilien AG Gross Margin % Historical Data

The historical data trend for TAG Immobilien AG'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.

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TAG Immobilien AG Gross Margin % Chart

TAG Immobilien AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Gross Margin %

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57.10

50.10

51.37

36.41

29.75

TAG Immobilien AG Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Gross Margin %	Get a 7-Day Free Trial															27.85	23.72	39.68	45.49	28.25

Competitive Comparison of TAG Immobilien AG's Gross Margin %

For the Real Estate Services subindustry, TAG Immobilien AG'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.

TAG Immobilien AG's Gross Margin % Distribution in the Real Estate Industry

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

* The bar in red indicates where TAG Immobilien AG's Gross Margin % falls into.

TAG Immobilien AG Gross Margin % Calculation

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

TAG Immobilien AG'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 )
	=	431.5	/	1450.154
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(1450.154 - 1018.698)	/	1450.154
	=	29.75 %

TAG Immobilien AG'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 )
	=	99.3	/	351.667
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(351.667 - 252.325)	/	351.667
	=	28.25 %

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.

TAG Immobilien AG (OTCPK:TAGOF) 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

TAG Immobilien AG had a gross margin of 28.25% for the quarter that ended in Sep. 2024 => Competition eroding margins

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.

TAG Immobilien AG Gross Margin % Related Terms

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TAG Immobilien AG Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » TAG Immobilien AG (OTCPK:TAGOF) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

TEGd:UK 0JK4:UK TEG:Germany

Address

Steckelhorn 5, Hamburg, DEU, 20457

Website

https://www.tag-ag.com

TAG Immobilien AG is a general real estate company that operates in Germany It focuses on sales activities in addition to the development and management of a residential property . The company focuses on regions characterized by improving quality of life while considering acquisition activity as a component of its operational growth plan. The company has three segments: Rental Germany, Rental Poland and Sales Poland, which derives maximum revenue.