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Forval RealStraight (TSE:9423) Gross Margin % : 41.81% (As of Dec. 2023)


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What is Forval RealStraight Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Forval RealStraight's Gross Profit for the three months ended in Dec. 2023 was 円296 Mil. Forval RealStraight's Revenue for the three months ended in Dec. 2023 was 円709 Mil. Therefore, Forval RealStraight's Gross Margin % for the quarter that ended in Dec. 2023 was 41.81%.

Warning Sign:

Forval RealStraight Inc gross margin has been in long-term decline. The average rate of decline per year is -7.9%.


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

TSE:9423' s Gross Margin % Range Over the Past 10 Years
Min: 38.54   Med: 50.38   Max: 80.59
Current: 40.05


During the past 13 years, the highest Gross Margin % of Forval RealStraight was 80.59%. The lowest was 38.54%. And the median was 50.38%.

TSE:9423's Gross Margin % is ranked better than
54.54% of 1652 companies
in the Real Estate industry
Industry Median: 36.22 vs TSE:9423: 40.05

Forval RealStraight had a gross margin of 41.81% for the quarter that ended in Dec. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Forval RealStraight was -7.90% per year.


Forval RealStraight Gross Margin % Historical Data

The historical data trend for Forval RealStraight'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.

Forval RealStraight Gross Margin % Chart

Forval RealStraight Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 51.72 80.59 49.03 40.50 38.54

Forval RealStraight Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 37.47 37.50 41.11 39.71 41.81

Competitive Comparison of Forval RealStraight's Gross Margin %

For the Real Estate Services subindustry, Forval RealStraight'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.


Forval RealStraight's Gross Margin % Distribution in the Real Estate Industry

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

* The bar in red indicates where Forval RealStraight's Gross Margin % falls into.



Forval RealStraight Gross Margin % Calculation

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

Forval RealStraight's Gross Margin for the fiscal year that ended in Mar. 2023 is calculated as

Gross Margin % (A: Mar. 2023 )=Gross Profit (A: Mar. 2023 ) / Revenue (A: Mar. 2023 )
=1146.7 / 2975.312
=(Revenue - Cost of Goods Sold) / Revenue
=(2975.312 - 1828.614) / 2975.312
=38.54 %

Forval RealStraight'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 )
=296.3 / 708.631
=(Revenue - Cost of Goods Sold) / Revenue
=(708.631 - 412.334) / 708.631
=41.81 %

* 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.


Forval RealStraight  (TSE:9423) 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

Forval RealStraight had a gross margin of 41.81% 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.


Forval RealStraight Gross Margin % Related Terms

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Forval RealStraight (TSE:9423) Business Description

Traded in Other Exchanges
N/A
Address
3 - 23-2 Kanda Bldg 4F, Chiyoda-ku, Tokyo, JPN, 101-0051
Forval RealStraight Inc is a real estate service provider. The business of the company includes real estate brokerage, office relocation support service, and sales of OA communication equipment.

Forval RealStraight (TSE:9423) Headlines

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