Sagicor Real Estate X Fund (XJAM:XFUND) Gross Margin % : 68.20% (As of Dec. 2023)

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What is Sagicor Real Estate X Fund Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Sagicor Real Estate X Fund's Gross Profit for the six months ended in Dec. 2023 was JMD5,481 Mil. Sagicor Real Estate X Fund's Revenue for the six months ended in Dec. 2023 was JMD8,036 Mil. Therefore, Sagicor Real Estate X Fund's Gross Margin % for the quarter that ended in Dec. 2023 was 68.20%.

The historical rank and industry rank for Sagicor Real Estate X Fund's Gross Margin % or its related term are showing as below:

XJAM:XFUND' s Gross Margin % Range Over the Past 10 Years
Min: 65.06 Med: 68.2 Max: 72.49
Current: 68.2

During the past 3 years, the highest Gross Margin % of Sagicor Real Estate X Fund was 72.49%. The lowest was 65.06%. And the median was 68.20%.

XJAM:XFUND's Gross Margin % is ranked better than
79.19% of 1653 companies
in the Real Estate industry
Industry Median: 36.34 vs XJAM:XFUND: 68.20

Sagicor Real Estate X Fund had a gross margin of 68.20% for the quarter that ended in Dec. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Sagicor Real Estate X Fund was 0.00% per year.

Sagicor Real Estate X Fund Gross Margin % Historical Data

The historical data trend for Sagicor Real Estate X Fund'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.

Sagicor Real Estate X Fund Gross Margin % Chart

Sagicor Real Estate X Fund Annual Data

Trend

Dec21

Dec22

Dec23

Gross Margin %

72.49

65.06

68.20

Sagicor Real Estate X Fund Semi-Annual Data
	Dec21	Dec22	Dec23
Gross Margin %	72.49	65.06	68.20

Competitive Comparison of Sagicor Real Estate X Fund's Gross Margin %

For the Real Estate - Development subindustry, Sagicor Real Estate X Fund'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.

Sagicor Real Estate X Fund's Gross Margin % Distribution in the Real Estate Industry

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

* The bar in red indicates where Sagicor Real Estate X Fund's Gross Margin % falls into.

Sagicor Real Estate X Fund Gross Margin % Calculation

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

Sagicor Real Estate X Fund'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 )
	=	5480.6	/	8035.751
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(8035.751 - 2555.114)	/	8035.751
	=	68.20 %

Sagicor Real Estate X Fund'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 )
	=	5480.6	/	8035.751
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(8035.751 - 2555.114)	/	8035.751
	=	68.20 %

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.

Sagicor Real Estate X Fund (XJAM:XFUND) 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

Sagicor Real Estate X Fund had a gross margin of 68.20% 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.

Sagicor Real Estate X Fund Gross Margin % Related Terms

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Sagicor Real Estate X Fund (XJAM:XFUND) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Sagicor Real Estate X Fund Ltd (XJAM:XFUND) » Definitions » Gross Margin %

Traded in Other Exchanges

N/A

Address

28-48 Barbados Avenue, Kingston, 5, Jamaica, JAM

Website

https://www.sagicor.com

Sagicor Real Estate X Fund Ltd specializes in real estate investments. The Company's main business activity is to invest in hotel and commercial real estate activities. The Group is organized into two primary business segments: (a) Hotel operations direct ownership and operation of hotels. (b) Indirect hotel operations and commercial indirect investment in real estate via the Sagicor Sigma Global Funds and Jamziv. The wind-up of Jamziv was completed in 2022. (c) Other - comprises other investment assets and other liabilities.

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