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Healthcare & Medical Investment (TSE:3455) Gross Margin % : 65.87% (As of Jan. 2024)


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What is Healthcare & Medical Investment Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Healthcare & Medical Investment's Gross Profit for the six months ended in Jan. 2024 was 円1,606 Mil. Healthcare & Medical Investment's Revenue for the six months ended in Jan. 2024 was 円2,438 Mil. Therefore, Healthcare & Medical Investment's Gross Margin % for the quarter that ended in Jan. 2024 was 65.87%.


The historical rank and industry rank for Healthcare & Medical Investment's Gross Margin % or its related term are showing as below:

TSE:3455' s Gross Margin % Range Over the Past 10 Years
Min: 65.89   Med: 66.76   Max: 68.95
Current: 66.12


During the past 9 years, the highest Gross Margin % of Healthcare & Medical Investment was 68.95%. The lowest was 65.89%. And the median was 66.76%.

TSE:3455's Gross Margin % is ranked worse than
54.33% of 635 companies
in the REITs industry
Industry Median: 68.16 vs TSE:3455: 66.12

Healthcare & Medical Investment had a gross margin of 65.87% for the quarter that ended in Jan. 2024 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Healthcare & Medical Investment was 0.00% per year.


Healthcare & Medical Investment Gross Margin % Historical Data

The historical data trend for Healthcare & Medical Investment'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.

Healthcare & Medical Investment Gross Margin % Chart

Healthcare & Medical Investment Annual Data
Trend Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only 68.71 68.95 66.84 66.63 68.01

Healthcare & Medical Investment Semi-Annual Data
Jul15 Jan16 Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24
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 66.29 66.93 69.53 66.36 65.87

Competitive Comparison of Healthcare & Medical Investment's Gross Margin %

For the REIT - Healthcare Facilities subindustry, Healthcare & Medical Investment'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.


Healthcare & Medical Investment's Gross Margin % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Healthcare & Medical Investment's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Healthcare & Medical Investment's Gross Margin % falls into.



Healthcare & Medical Investment Gross Margin % Calculation

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

Healthcare & Medical Investment's Gross Margin for the fiscal year that ended in Jul. 2023 is calculated as

Gross Margin % (A: Jul. 2023 )=Gross Profit (A: Jul. 2023 ) / Revenue (A: Jul. 2023 )
=3448.5 / 5070.853
=(Revenue - Cost of Goods Sold) / Revenue
=(5070.853 - 1622.351) / 5070.853
=68.01 %

Healthcare & Medical Investment's Gross Margin for the quarter that ended in Jan. 2024 is calculated as


Gross Margin % (Q: Jan. 2024 )=Gross Profit (Q: Jan. 2024 ) / Revenue (Q: Jan. 2024 )
=1606.2 / 2438.352
=(Revenue - Cost of Goods Sold) / Revenue
=(2438.352 - 832.122) / 2438.352
=65.87 %

* 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.


Healthcare & Medical Investment  (TSE:3455) 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

Healthcare & Medical Investment had a gross margin of 65.87% for the quarter that ended in Jan. 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.


Healthcare & Medical Investment Gross Margin % Related Terms

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


Healthcare & Medical Investment (TSE:3455) Business Description

Traded in Other Exchanges
N/A
Address
3-3, Kanda-ogawamachi, Chiyoda-ku, Tokyo, JPN
Healthcare & Medical Investment Corp is an investment company, which invests in nursing homes facilities and medical related real properties. The company aims to achieve stable earnings from mid- to long-term perspectives through investment in real estate and other related assets. The firm primarily invests in facilities and buildings for the elderly, as well as medical related facilities.

Healthcare & Medical Investment (TSE:3455) Headlines

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