MAS (JSE:MSP) Gross Profit : R1,303 Mil (TTM As of Dec. 2023)

View and export this data going back to 2009. Start your Free Trial

What is MAS Gross Profit?

MAS's gross profit for the six months ended in Dec. 2023 was R687 Mil. MAS's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was R1,303 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. MAS's gross profit for the six months ended in Dec. 2023 was R687 Mil. MAS's Revenue for the six months ended in Dec. 2023 was R961 Mil. Therefore, MAS's Gross Margin % for the quarter that ended in Dec. 2023 was 71.43%.

MAS had a gross margin of 71.43% for the quarter that ended in Dec. 2023 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of MAS was 75.62%. The lowest was 63.48%. And the median was 72.76%.

MAS Gross Profit Historical Data

The historical data trend for MAS's Gross Profit 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.

MAS Gross Profit Chart

MAS Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Gross Profit

Get a 7-Day Free Trial

850.31

588.18

553.31

575.75

1,224.26

MAS Semi-Annual Data
	Feb13	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Gross Profit	Get a 7-Day Free Trial															307.53	289.46	548.02	616.26	686.59

Competitive Comparison of MAS's Gross Profit

For the Real Estate - Diversified subindustry, MAS's Gross Profit, along with its competitors' market caps and Gross Profit 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.

MAS's Gross Profit Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, MAS's Gross Profit distribution charts can be found below:

* The bar in red indicates where MAS's Gross Profit falls into.

MAS Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

MAS's Gross Profit for the fiscal year that ended in Jun. 2023 is calculated as

Gross Profit (A: Jun. 2023 )	=	Revenue	-	Cost of Goods Sold
	=	1686.402	-	462.141
	=	1,224

MAS's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )	=	Revenue	-	Cost of Goods Sold
	=	961.205	-	274.616
	=	687

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was R1,303 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

MAS'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 )
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	687	/	961.205
	=	71.43 %

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.

MAS (JSE:MSP) Gross Profit 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

MAS had a gross margin of 71.43% for the quarter that ended in Dec. 2023 => Durable competitive advantage

MAS Gross Profit Related Terms

Thank you for viewing the detailed overview of MAS's Gross Profit provided by GuruFocus.com. Please click on the following links to see related term pages.

MAS (JSE:MSP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » MAS PLC (JSE:MSP) » Definitions » Gross Profit

Comparable Companies

Traded in Other Exchanges

N/A

Address

Abate Rigord Street, Suite 11, Penthouse Level, Marina Business Centre, Ta’ Xbiex, MLT, VG1110

Website

https://www.masrei.com

MAS PLC is a commercial real estate development company that operates throughout mostly Western Europe, as well as Central and Eastern Europe. The company acquires, develops, and manages retail, office, industrial, and hotel properties. The group's investment property comprises income-generating property, development property, and land bank division. The group holds an interest in properties such as Whitbread hotels and Arches, Bruchsal, Nova Park, Stara Zagora, Chippenham, and others. The company geographically operates in Romania, Bulgaria, Poland, Germany and UK. It derives its majority Revenue from Romania.