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Wereldhave NV (FRA:WER) Gross Margin %

: 67.63% (As of Dec. 2023)
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Gross Margin % is calculated as gross profit divided by its revenue. Wereldhave NV's Gross Profit for the six months ended in Dec. 2023 was €63.5 Mil. Wereldhave NV's Revenue for the six months ended in Dec. 2023 was €93.9 Mil. Therefore, Wereldhave NV's Gross Margin % for the quarter that ended in Dec. 2023 was 67.63%.


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

FRA:WER' s Gross Margin % Range Over the Past 10 Years
Min: 60.36   Med: 71   Max: 79.73
Current: 68.65


During the past 13 years, the highest Gross Margin % of Wereldhave NV was 79.73%. The lowest was 60.36%. And the median was 71.00%.

FRA:WER's Gross Margin % is ranked worse than
50.71% of 633 companies
in the REITs industry
Industry Median: 68.71 vs FRA:WER: 68.65

Wereldhave NV had a gross margin of 67.63% for the quarter that ended in Dec. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Wereldhave NV was -0.10% per year.


Wereldhave NV Gross Margin % Historical Data

The historical data trend for Wereldhave NV'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.

Wereldhave NV Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 71.19 60.36 65.35 70.80 68.65

Wereldhave NV Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Gross Margin % 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 Premium Member Only Premium Member Only Premium Member Only 69.00 68.94 72.66 69.70 67.63

Competitive Comparison

For the REIT - Retail subindustry, Wereldhave NV'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.


Wereldhave NV Gross Margin % Distribution

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

* The bar in red indicates where Wereldhave NV's Gross Margin % falls into.



Wereldhave NV Gross Margin % Calculation

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

Wereldhave NV'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 )
=126.4 / 184.158
=(Revenue - Cost of Goods Sold) / Revenue
=(184.158 - 57.74) / 184.158
=68.65 %

Wereldhave NV'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 )
=63.5 / 93.917
=(Revenue - Cost of Goods Sold) / Revenue
=(93.917 - 30.4) / 93.917
=67.63 %

* 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.


Wereldhave NV  (FRA:WER) 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

Wereldhave NV had a gross margin of 67.63% 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.


Wereldhave NV Gross Margin % Related Terms

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Wereldhave NV (FRA:WER) Business Description

Traded in Other Exchanges
Address
Schiphol Boulevard 233, WTC Schiphol, Tower A, PO Box 75837, 3rd Floor, Schiphol, NLD, 1118 BH
Wereldhave NV is a Dutch real estate investment company that owns and operates shopping centres in northwest continental Europe. The company's properties are located in large regional cities in the Netherlands, Belgium, France, and Finland, with the majority of revenue derived from the Netherlands. Wereldhave principally generates revenue from leasing properties to tenants, which include fashion and accessories stores, restaurants and cafes, consumer electronics retailers, and homeware and household shops.

Wereldhave NV (FRA:WER) Headlines

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