Jamaica Stock Exchange (XJAM:JSE) Gross Margin %: 64.61% (As of Dec. 2023)


XJAM:JSE Jamaica Stock Exchange Ltd XJAM:JSE
22 GF Score
Price JMD8.74
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What is Jamaica Stock Exchange Gross Margin %?

Jamaica Stock Exchange XJAM:JSE -11.90% 22 Gross Margin % is 64.61% as of Dec. 2023. GuruFocus rates XJAM:JSE with a GF Score™ of 22/100.

Gross Margin % is calculated as gross profit divided by its revenue. Jamaica Stock Exchange's Gross Profit for the six months ended in Dec. 2023 was JMD1,368 Mil. Jamaica Stock Exchange's Revenue for the six months ended in Dec. 2023 was JMD2,118 Mil. Therefore, Jamaica Stock Exchange's Gross Margin % for the quarter that ended in Dec. 2023 was 64.61%.


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


XJAM:JSE's Gross Margin % is not ranked *
in the Capital Markets industry.
Industry Median: 49.63
* Ranked among companies with meaningful Gross Margin % only.

Jamaica Stock Exchange had a gross margin of 64.61% for the quarter that ended in Dec. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Jamaica Stock Exchange was 0.00% per year.


Jamaica Stock Exchange  (XJAM:JSE) 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

Jamaica Stock Exchange had a gross margin of 64.61% 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.


Jamaica Stock Exchange Gross Margin % Related Terms


Jamaica Stock Exchange Gross Margin % Historical Data

* Premium members only.

The historical data trend for Jamaica Stock Exchange'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.

Jamaica Stock Exchange Gross Margin % Chart

Jamaica Stock Exchange Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 69.76 68.32 67.07 69.47 64.61

Jamaica Stock Exchange Semi-Annual Data
Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 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 69.76 68.32 67.07 69.47 64.61

XJAM:JSE vs SPGI, ICE, CME: Gross Margin % Comparison

For the Financial Data & Stock Exchanges subindustry, Jamaica Stock Exchange'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.


Jamaica Stock Exchange Gross Margin % vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Jamaica Stock Exchange's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Jamaica Stock Exchange's Gross Margin % falls into.


XJAM:JSE
22GF Score
Jamaica Stock Exchange Ltd XJAM:JSE
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Jamaica Stock Exchange Gross Margin % Calculation

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

Jamaica Stock Exchange's Gross Margin for the fiscal year that ended in Dec. 2023 is calculated as

Gross Margin % (A: Dec. 2023 )=Gross Profit (A: Dec. 2023 ) / Revenue (A: Dec. 2023 )
=1368.5 / 2118.038
=(Revenue - Cost of Goods Sold) / Revenue
=(2118.038 - 749.565) / 2118.038
=64.61 %

Jamaica Stock Exchange'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 )
=1368.5 / 2118.038
=(Revenue - Cost of Goods Sold) / Revenue
=(2118.038 - 749.565) / 2118.038
=64.61 %

* 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 64.61% mean?
Jamaica Stock Exchange (XJAM:JSE) has a Gross Margin % of 64.61% as of Dec. 2023. Gross margin is the ratio of total gross profit to net sales. View historical data on Jamaica Stock Exchange and its competitors.
Is Jamaica Stock Exchange's Gross Margin % too high?
Jamaica Stock Exchange's current Gross Margin % is 64.61%. The Capital Markets industry median Gross Margin % is 49.63. Jamaica Stock Exchange's value of 64.61% is 30.2% above this industry median. Overall, Jamaica Stock Exchange has a GF Score™ of 22/100, reflecting its overall financial health beyond just this single metric.
How does Jamaica Stock Exchange's Gross Margin % compare to SPGI and ICE?
Jamaica Stock Exchange's Gross Margin % of 64.61% can be compared against companies in the Capital Markets industry. The industry median Gross Margin % is 49.63. Jamaica Stock Exchange's value of 64.61% is 30.2% above this benchmark. 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 Capital Markets company?
The median Gross Margin % among Capital Markets companies is 49.63, based on 620 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. Jamaica Stock Exchange's current Gross Margin % of 64.61% is 30.2% above the industry median. 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 Jamaica Stock Exchange and its competitors. For the Capital Markets industry, the median Gross Margin % is 49.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jamaica Stock Exchange's current Gross Margin % is 64.61%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jamaica Stock Exchange stock overvalued right now?
Jamaica Stock Exchange (XJAM:JSE) has a current Gross Margin % of 64.61%. The current Gross Margin % is 64.61% and 30.2% above the Capital Markets industry median of 49.63. Jamaica Stock Exchange's overall GF Score™ is 22/100. 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 Jamaica Stock Exchange (XJAM:JSE), the current Gross Margin % is 64.61% as of Dec. 2023. 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.

Jamaica Stock Exchange Business Description

Address 40 Harbour Street, P.O. Box 1084, Kingston, JAM
Jamaica Stock Exchange Ltd operates and regulates a stock exchange and develops a stock market in Jamaica. Through its subsidiary, the company is also establishing and maintaining a Central Securities Depository in Jamaica to facilitate the transfer of ownership of securities. Its operating segments are Exchange operations; JCSD services; Investments; and Trustee, custodian, company management, and other activities. It derives a portion of the revenue from the Exchange operations involving the Stock exchange's operation and regulation. Another critical revenue source is from JCSD services provided in connection with transferring and holding securities, shares, stocks, bonds, debentures, and registrar services. The firm's operations are in Jamaica.
22GF Score

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Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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