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Global-Estate Resorts (PHS:GERI) Gross Margin % : 52.85% (As of Mar. 2024)


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What is Global-Estate Resorts Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Global-Estate Resorts's Gross Profit for the three months ended in Mar. 2024 was ₱1,055 Mil. Global-Estate Resorts's Revenue for the three months ended in Mar. 2024 was ₱1,997 Mil. Therefore, Global-Estate Resorts's Gross Margin % for the quarter that ended in Mar. 2024 was 52.85%.


The historical rank and industry rank for Global-Estate Resorts's Gross Margin % or its related term are showing as below:

PHS:GERI' s Gross Margin % Range Over the Past 10 Years
Min: 35   Med: 54.03   Max: 60.27
Current: 54.36


During the past 13 years, the highest Gross Margin % of Global-Estate Resorts was 60.27%. The lowest was 35.00%. And the median was 54.03%.

PHS:GERI's Gross Margin % is ranked better than
67.15% of 1656 companies
in the Real Estate industry
Industry Median: 36.73 vs PHS:GERI: 54.36

Global-Estate Resorts had a gross margin of 52.85% for the quarter that ended in Mar. 2024 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Global-Estate Resorts was 0.70% per year.


Global-Estate Resorts Gross Margin % Historical Data

The historical data trend for Global-Estate Resorts'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.

Global-Estate Resorts Gross Margin % Chart

Global-Estate Resorts Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 54.14 59.47 53.92 60.27 54.50

Global-Estate Resorts 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 53.39 59.01 54.80 51.07 52.85

Competitive Comparison of Global-Estate Resorts's Gross Margin %

For the Real Estate Services subindustry, Global-Estate Resorts'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.


Global-Estate Resorts's Gross Margin % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Global-Estate Resorts's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Global-Estate Resorts's Gross Margin % falls into.



Global-Estate Resorts Gross Margin % Calculation

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

Global-Estate Resorts'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 )
=4147.8 / 7610.173
=(Revenue - Cost of Goods Sold) / Revenue
=(7610.173 - 3462.377) / 7610.173
=54.50 %

Global-Estate Resorts'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 )
=1055.3 / 1996.996
=(Revenue - Cost of Goods Sold) / Revenue
=(1996.996 - 941.677) / 1996.996
=52.85 %

* 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.


Global-Estate Resorts  (PHS:GERI) 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

Global-Estate Resorts had a gross margin of 52.85% 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.


Global-Estate Resorts Gross Margin % Related Terms

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Global-Estate Resorts (PHS:GERI) Business Description

Traded in Other Exchanges
N/A
Address
9th floor, Eastwood Global Plaza, Palm Tree Avenue, Eastwood City, Bagumbayan, Quezon, ALB, PHL, 1110
Global-Estate Resorts Inc is a developer of tourism estates in the Philippines. The company is engaged in the development of residential and office units including urban centers integrating office, residential and commercial components. It is organized segments such as Real Estate segment pertains to the development and sale of residential and office projects; Rental segment includes leasing of office and commercial spaces; Hotel operation segment include sale of food & beverages; Service Income segment relates to maintenance of golf courses, Hotel Operations segment includes hotel services, sale of food and beverages, and parties and events services. and Corporate and Others segment. The majority of its revenue is derived from Real Estate segment.

Global-Estate Resorts (PHS:GERI) Headlines