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Frasers Centrepoint Trust (Frasers Centrepoint Trust) Gross Margin %

: 50.04% (As of Sep. 2023)
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Gross Margin % is calculated as gross profit divided by its revenue. Frasers Centrepoint Trust's Gross Profit for the six months ended in Sep. 2023 was $66.8 Mil. Frasers Centrepoint Trust's Revenue for the six months ended in Sep. 2023 was $133.6 Mil. Therefore, Frasers Centrepoint Trust's Gross Margin % for the quarter that ended in Sep. 2023 was 50.04%.

Warning Sign:

Frasers Centrepoint Trust gross margin has been in long-term decline. The average rate of decline per year is -3.1%.


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

FRZCF' s Gross Margin % Range Over the Past 10 Years
Min: 61.97   Med: 69.62   Max: 71.34
Current: 61.97


During the past 13 years, the highest Gross Margin % of Frasers Centrepoint Trust was 71.34%. The lowest was 61.97%. And the median was 69.62%.

FRZCF's Gross Margin % is ranked worse than
66.72% of 634 companies
in the REITs industry
Industry Median: 68.745 vs FRZCF: 61.97

Frasers Centrepoint Trust had a gross margin of 50.04% for the quarter that ended in Sep. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Frasers Centrepoint Trust was -3.10% per year.


Frasers Centrepoint Trust Gross Margin % Historical Data

The historical data trend for Frasers Centrepoint Trust'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.

Frasers Centrepoint Trust Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 70.92 67.46 62.48 63.05 61.97

Frasers Centrepoint Trust Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 52.23 74.06 52.32 73.54 50.04

Competitive Comparison

For the REIT - Retail subindustry, Frasers Centrepoint Trust'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.


Frasers Centrepoint Trust Gross Margin % Distribution

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

* The bar in red indicates where Frasers Centrepoint Trust's Gross Margin % falls into.



Frasers Centrepoint Trust Gross Margin % Calculation

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

Frasers Centrepoint Trust's Gross Margin for the fiscal year that ended in Sep. 2023 is calculated as

Gross Margin % (A: Sep. 2023 )=Gross Profit (A: Sep. 2023 ) / Revenue (A: Sep. 2023 )
=168 / 271.118
=(Revenue - Cost of Goods Sold) / Revenue
=(271.118 - 103.118) / 271.118
=61.97 %

Frasers Centrepoint Trust's Gross Margin for the quarter that ended in Sep. 2023 is calculated as


Gross Margin % (Q: Sep. 2023 )=Gross Profit (Q: Sep. 2023 ) / Revenue (Q: Sep. 2023 )
=66.8 / 133.557
=(Revenue - Cost of Goods Sold) / Revenue
=(133.557 - 66.725) / 133.557
=50.04 %

* 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.


Frasers Centrepoint Trust  (OTCPK:FRZCF) 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

Frasers Centrepoint Trust had a gross margin of 50.04% for the quarter that ended in Sep. 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.


Frasers Centrepoint Trust Gross Margin % Related Terms

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Frasers Centrepoint Trust (Frasers Centrepoint Trust) Business Description

Traded in Other Exchanges
Address
10 Marina Boulevard, Marina Bay Financial Centre, Tower 2 Number 48-01, Singapore, SGP, 018983
Frasers Centrepoint Trust is a real estate investment trust listed on the Singapore Exchange that predominately invests in suburban retail assets in Singapore. Its portfolio consists of 11 retail malls (of which two are not wholly owned) and one office property with a total valuation of SGD 7.6 billion as at Sept. 30, 2023. FCT also holds a: i) 30.97% interest in Hektar REIT, a retail-focused REIT in Malaysia; and ii) 43.7% interest in Changi City Carpark. The trust is externally managed by Frasers Centrepoint Asset Management, a wholly owned subsidiary of Frasers Property Limited that has a 41.2% direct and indirect interest in FCT.

Frasers Centrepoint Trust (Frasers Centrepoint Trust) Headlines