The historical rank and industry rank for Storage-OH Co's Gross Margin % or its related term are showing as below:
TSE:2997'
s Gross Margin % Range Over the Past 10 Years
Min: 15.06 Med: 15.98 Max: 24.79
Current: 16.49
During the past 4 years, the highestGross Margin % of Storage-OH Co was 24.79%. The lowest was 15.06%. And the median was 15.98%.
TSE:2997's Gross Margin % is ranked worse than 81.6% of 1652
companies
in the Real Estate industry
Industry Median: 36.22
vs TSE:2997: 16.49
Storage-OH Co had a gross margin of 16.44% for the quarter that ended in Apr. 2024 => No sustainable competitive advantage
The 5-Year average Growth Rate of Gross Margin for Storage-OH Co was 0.00% per year.
Storage-OH Co Gross Margin % Historical Data
The historical data trend for Storage-OH Co'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.
Competitive Comparison of Storage-OH Co's Gross Margin %
For the Real Estate Services subindustry, Storage-OH Co'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.
Storage-OH Co's Gross Margin % Distribution in the Real Estate Industry
For the Real Estate industry and Real Estate sector, Storage-OH Co's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Storage-OH Co's Gross Margin % falls into.
* 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.
Storage-OH Co (TSE:2997) 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
Storage-OH Co had a gross margin of 16.44% for the quarter that ended in Apr. 2024 => No sustainable 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.
Storage-OH Co Gross Margin % Related Terms
Thank you for viewing the detailed overview of Storage-OH Co's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.
Storage-OH Co Ltd is a property management company. The company is engaged in planning, development, operation, management of trunk room property management business.
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