Elitz Holdings Co (TSE:5533) Gross Margin % : 79.11% (As of Mar. 2024)

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What is Elitz Holdings Co Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Elitz Holdings Co's Gross Profit for the three months ended in Mar. 2024 was 円1,335 Mil. Elitz Holdings Co's Revenue for the three months ended in Mar. 2024 was 円1,688 Mil. Therefore, Elitz Holdings Co's Gross Margin % for the quarter that ended in Mar. 2024 was 79.11%.

The historical rank and industry rank for Elitz Holdings Co's Gross Margin % or its related term are showing as below:

TSE:5533' s Gross Margin % Range Over the Past 10 Years
Min: 72.13 Med: 76.31 Max: 77.03
Current: 76.81

During the past 3 years, the highest Gross Margin % of Elitz Holdings Co was 77.03%. The lowest was 72.13%. And the median was 76.31%.

TSE:5533's Gross Margin % is ranked better than
85.99% of 1642 companies
in the Real Estate industry
Industry Median: 36.155 vs TSE:5533: 76.81

Elitz Holdings Co had a gross margin of 79.11% for the quarter that ended in Mar. 2024 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Elitz Holdings Co was 0.00% per year.

Elitz Holdings Co Gross Margin % Historical Data

The historical data trend for Elitz Holdings 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.

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Elitz Holdings Co Gross Margin % Chart

Elitz Holdings Co Annual Data

Trend

Sep21

Sep22

Sep23

Gross Margin %

72.13

77.03

76.31

Elitz Holdings Co Quarterly Data
	Sep21	Sep22	Mar23	Jun23	Sep23	Dec23	Mar24
Gross Margin %	Get a 7-Day Free Trial			-	78.61	74.24	74.03	79.11

Competitive Comparison of Elitz Holdings Co's Gross Margin %

For the Real Estate Services subindustry, Elitz Holdings 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.

Elitz Holdings Co's Gross Margin % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Elitz Holdings Co's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Elitz Holdings Co's Gross Margin % falls into.

Elitz Holdings Co Gross Margin % Calculation

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

Elitz Holdings Co's Gross Margin for the fiscal year that ended in Sep. 2023 is calculated as

Gross Margin % (A: Sep. 2023 )	=	Gross Profit (A: Sep. 2023 )	/	Revenue (A: Sep. 2023 )
	=	4244.6	/	5562.617
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(5562.617 - 1317.994)	/	5562.617
	=	76.31 %

Elitz Holdings Co's Gross Margin for the quarter that ended in Mar. 2024 is calculated as

Gross Margin % (Q: Mar. 2024 )	=	Gross Profit (Q: Mar. 2024 )	/	Revenue (Q: Mar. 2024 )
	=	1335.3	/	1687.864
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(1687.864 - 352.517)	/	1687.864
	=	79.11 %

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.

Elitz Holdings Co (TSE:5533) 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

Elitz Holdings Co had a gross margin of 79.11% for the quarter that ended in Mar. 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.

Elitz Holdings Co Gross Margin % Related Terms

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Elitz Holdings Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Elitz Holdings Co Ltd (TSE:5533) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

55-1 Sambo Horikawacho, Aneyakoji-agaru Horikawa-dori, Elitz Oike building, Nakagyo ward, Kyoto, JPN, 604-8266

Website

https://www.elitz-holdings.co.jp/

Elitz Holdings Co Ltd is engaged in Real estate leasing operations, Real estate fund administration, Real estate planning and consulting, Recruitment agency, Management of group companies engaged in real estate brokerage and administration business, system development and sales business, and incidental operations.

Elitz Holdings Co Headlines

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