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Frasers Property Thailand Industrial Freehold & Leasehold REIT (BKK:FTREIT) Gross Margin % : 76.26% (As of Mar. 2024)


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What is Frasers Property Thailand Industrial Freehold & Leasehold REIT Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Frasers Property Thailand Industrial Freehold & Leasehold REIT's Gross Profit for the three months ended in Mar. 2024 was ฿750 Mil. Frasers Property Thailand Industrial Freehold & Leasehold REIT's Revenue for the three months ended in Mar. 2024 was ฿983 Mil. Therefore, Frasers Property Thailand Industrial Freehold & Leasehold REIT's Gross Margin % for the quarter that ended in Mar. 2024 was 76.26%.


The historical rank and industry rank for Frasers Property Thailand Industrial Freehold & Leasehold REIT's Gross Margin % or its related term are showing as below:

BKK:FTREIT' s Gross Margin % Range Over the Past 10 Years
Min: 74.47   Med: 80.5   Max: 99.25
Current: 75.9


During the past 9 years, the highest Gross Margin % of Frasers Property Thailand Industrial Freehold & Leasehold REIT was 99.25%. The lowest was 74.47%. And the median was 80.50%.

BKK:FTREIT's Gross Margin % is ranked better than
64.81% of 628 companies
in the REITs industry
Industry Median: 68.83 vs BKK:FTREIT: 75.90

Frasers Property Thailand Industrial Freehold & Leasehold REIT had a gross margin of 76.26% for the quarter that ended in Mar. 2024 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Frasers Property Thailand Industrial Freehold & Leasehold REIT was -0.20% per year.


Frasers Property Thailand Industrial Freehold & Leasehold REIT Gross Margin % Historical Data

The historical data trend for Frasers Property Thailand Industrial Freehold & Leasehold REIT'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 Property Thailand Industrial Freehold & Leasehold REIT Gross Margin % Chart

Frasers Property Thailand Industrial Freehold & Leasehold REIT Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Sep19 Sep20 Sep21 Sep22 Sep23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only 74.47 79.92 81.08 79.87 76.74

Frasers Property Thailand Industrial Freehold & Leasehold REIT Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 78.22 75.79 74.52 77.01 76.26

Competitive Comparison of Frasers Property Thailand Industrial Freehold & Leasehold REIT's Gross Margin %

For the REIT - Industrial subindustry, Frasers Property Thailand Industrial Freehold & Leasehold REIT'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 Property Thailand Industrial Freehold & Leasehold REIT's Gross Margin % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Frasers Property Thailand Industrial Freehold & Leasehold REIT's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Frasers Property Thailand Industrial Freehold & Leasehold REIT's Gross Margin % falls into.



Frasers Property Thailand Industrial Freehold & Leasehold REIT Gross Margin % Calculation

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

Frasers Property Thailand Industrial Freehold & Leasehold REIT'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 )
=2875.9 / 3747.815
=(Revenue - Cost of Goods Sold) / Revenue
=(3747.815 - 871.886) / 3747.815
=76.74 %

Frasers Property Thailand Industrial Freehold & Leasehold REIT's Gross Margin for the quarter that ended in Mar. 2024 is calculated as


Gross Margin % (Q: Mar. 2024 )=Gross Profit (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=749.9 / 983.364
=(Revenue - Cost of Goods Sold) / Revenue
=(983.364 - 233.457) / 983.364
=76.26 %

* 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 Property Thailand Industrial Freehold & Leasehold REIT  (BKK:FTREIT) 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 Property Thailand Industrial Freehold & Leasehold REIT had a gross margin of 76.26% for the quarter that ended in Mar. 2024 => 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 Property Thailand Industrial Freehold & Leasehold REIT Gross Margin % Related Terms

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Frasers Property Thailand Industrial Freehold & Leasehold REIT (BKK:FTREIT) Business Description

Traded in Other Exchanges
N/A
Address
Rama 4 Road, No.944 Mitrtown Office Tower, 22nd-23rd Floor, Wang Mai Sub-district, Pathum Wan District, Bangkok, THA, 10330
Frasers Property Thailand Industrial Freehold & Leasehold REIT buys land and parks to develop factory building and offer it for rent in Thailand. The company also provides logistic warehouse, custom factories and warehouse and sales and leasebacks. The trust's objectives are to raise funds from general investors and to use the proceeds from such fundraising to acquire, lease and/or sub-lease of immovable properties.

Frasers Property Thailand Industrial Freehold & Leasehold REIT (BKK:FTREIT) Headlines

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