Hornigold Reit (WAR:HRL) Gross Margin %: 0.00% (As of Jun. 2024)


What is Hornigold Reit Gross Margin %?

Hornigold Reit WAR:HRL Gross Margin % is 0.00% as of Jun. 2024.

Gross Margin % is calculated as gross profit divided by its revenue. Hornigold Reit's Gross Profit for the three months ended in Jun. 2024 was zł0.00 Mil. Hornigold Reit's Revenue for the three months ended in Jun. 2024 was zł0.00 Mil. Therefore, Hornigold Reit's Gross Margin % for the quarter that ended in Jun. 2024 was 0.00%. If there's no value for Cost of Goods Sold, then Gross Margin % is not calculated.


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


WAR:HRL's Gross Margin % is not ranked *
in the REITs industry.
Industry Median: 69.62
* Ranked among companies with meaningful Gross Margin % only.

Hornigold Reit had a gross margin of N/A% for the quarter that ended in Jun. 2024 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Hornigold Reit was 0.00% per year.

Hornigold Reit  (WAR:HRL) 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

Hornigold Reit had a gross margin of N/A% for the quarter that ended in Jun. 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.

Hornigold Reit Gross Margin % Related Terms

Hornigold Reit Gross Margin % Historical Data

* Premium members only.

The historical data trend for Hornigold Reit'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.

Hornigold Reit Gross Margin % Chart

Hornigold Reit Annual Data
Trend Dec11 Dec12 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 -26.74 56.21 62.51 37.09

Hornigold Reit Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Mar23 Jun23 Sep23 Mar24 Jun24
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 0.00 0.00 0.00 0.00 0.00

WAR:HRL vs AVB, EQR, INVH: Gross Margin % Comparison

For the REIT - Residential subindustry, Hornigold Reit'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.

Hornigold Reit Gross Margin % vs REITs Industry

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

* The bar in red indicates where Hornigold Reit's Gross Margin % falls into.


Hornigold Reit Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue. (Note that if there's no value for Cost of Goods Sold, then Gross Margin % is not calculated.)

Hornigold Reit's Gross Margin for the fiscal year that ended in Dec. 2021 is calculated as

Gross Margin % (A: Dec. 2021 )=Gross Profit (A: Dec. 2021 ) / Revenue (A: Dec. 2021 )
=0.9 / 2.545
=(Revenue - Cost of Goods Sold) / Revenue
=(2.545 - 1.601) / 2.545
=37.09 %

Hornigold Reit's Gross Margin for the quarter that ended in Jun. 2024 is calculated as


Gross Margin % (Q: Jun. 2024 )=Gross Profit (Q: Jun. 2024 ) / Revenue (Q: Jun. 2024 )
=0 / 0
=(Revenue - Cost of Goods Sold) / Revenue
=(0 - 0) / 0
=N/A %

* 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.

Frequently Asked Questions Learn more about Gross Margin % →
What does a Gross Margin % of 0.00% mean?
Hornigold Reit (WAR:HRL) has a Gross Margin % of 0.00% as of Jun. 2024. Gross margin is the ratio of total gross profit to net sales. View historical data on Hornigold Reit and its competitors.
Is Hornigold Reit's Gross Margin % too high?
Hornigold Reit's current Gross Margin % is 0.00%.
How does Hornigold Reit's Gross Margin % compare to AVB and EQR?
Hornigold Reit's Gross Margin % of 0.00% can be compared against companies in the REITs industry. The industry median Gross Margin % is 69.62. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Margin % for a REITs company?
The median Gross Margin % among REITs companies is 69.62, based on 681 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on Hornigold Reit and its competitors. For the REITs industry, the median Gross Margin % is 69.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hornigold Reit's current Gross Margin % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hornigold Reit stock overvalued right now?
Hornigold Reit (WAR:HRL) has a current Gross Margin % of 0.00%. The current Gross Margin % is 0.00%. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For Hornigold Reit (WAR:HRL), the current Gross Margin % is 0.00% as of Jun. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Hornigold Reit Business Description

Industry Real EstateREITs
Address Ul. Moniuszki 10/1, Katowice, POL, 40-005
Hornigold Reit SA is a Poland based company that engages in the short-term rental of apartments. It provides apartments for rent located in renovated tenement houses in the city centers. The company has various apartments located in Grodowa, Slowackiego, Szopienice, Szopienicka, and Kopernika.