GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Castleview Property Fund Ltd (JSE:CVW) » Definitions » Operating Margin %

Castleview Property Fund (JSE:CVW) Operating Margin % : 19.73% (As of Sep. 2023)


View and export this data going back to 2017. Start your Free Trial

What is Castleview Property Fund Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. Castleview Property Fund's Operating Income for the six months ended in Sep. 2023 was R205 Mil. Castleview Property Fund's Revenue for the six months ended in Sep. 2023 was R1,040 Mil. Therefore, Castleview Property Fund's Operating Margin % for the quarter that ended in Sep. 2023 was 19.73%.

The historical rank and industry rank for Castleview Property Fund's Operating Margin % or its related term are showing as below:

JSE:CVW' s Operating Margin % Range Over the Past 10 Years
Min: 31.79   Med: 56.11   Max: 61.69
Current: 31.79


JSE:CVW's Operating Margin % is not ranked
in the REITs industry.
Industry Median: 51.47 vs JSE:CVW: 31.79

Castleview Property Fund's 5-Year Average Operating Margin % Growth Rate was 0.00% per year.

Castleview Property Fund's Operating Income for the six months ended in Sep. 2023 was R205 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Sep. 2023 was R664 Mil.


Castleview Property Fund Operating Margin % Historical Data

The historical data trend for Castleview Property Fund's Operating 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.

Castleview Property Fund Operating Margin % Chart

Castleview Property Fund Annual Data
Trend Feb18 Feb19 Feb20 Feb21 Feb22
Operating Margin %
- 60.49 61.69 43.99 51.73

Castleview Property Fund Semi-Annual Data
Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Sep23
Operating Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 51.33 52.10 41.24 43.73 19.73

Competitive Comparison of Castleview Property Fund's Operating Margin %

For the REIT - Retail subindustry, Castleview Property Fund's Operating Margin %, along with its competitors' market caps and Operating 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.


Castleview Property Fund's Operating Margin % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Castleview Property Fund's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Castleview Property Fund's Operating Margin % falls into.



Castleview Property Fund Operating Margin % Calculation

Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.

Castleview Property Fund's Operating Margin % for the fiscal year that ended in Feb. 2022 is calculated as

Operating Margin %=Operating Income (A: Feb. 2022 ) / Revenue (A: Feb. 2022 )
=29.806 / 57.619
=51.73 %

Castleview Property Fund's Operating Margin % for the quarter that ended in Sep. 2023 is calculated as

Operating Margin %=Operating Income (Q: Sep. 2023 ) / Revenue (Q: Sep. 2023 )
=205.27 / 1040.135
=19.73 %

* 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.


Castleview Property Fund  (JSE:CVW) Operating Margin % Explanation

Just like Gross Margin %, it is important to see a company maintains its operating margin over time. Among the same industry, a company with higher operating margin is more efficient in its operation. It is also more stable during industry slowdown or recessions. Peter Lynch prefers those with higher margins than those with lower margins.


Be Aware

Operating Margin % can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin % may decline. Often the Operating Margin % declines well before the company's Revenue or even profit decline. Therefore, Operating Margin % is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia’s Operating Margin % had already been in decline since 2002, although its Earnings per Share (Diluted) were still rising. Investors who paid attention to Operating Margin % would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin % is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


Castleview Property Fund Operating Margin % Related Terms

Thank you for viewing the detailed overview of Castleview Property Fund's Operating Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Castleview Property Fund (JSE:CVW) Business Description

Traded in Other Exchanges
N/A
Address
13 Hudson Street, De Waterkant, Woodstock, Cape Town, WC, ZAF, 8001
Castleview Property Fund Ltd is a property holding and investment company in South Africa. Principally, it invests in a diversified portfolio of retail properties situated in South Africa. The company also invests in regional shopping centers like Pier 14 Shopping Centre located in the Eastern Cape.

Castleview Property Fund (JSE:CVW) Headlines

No Headlines