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Frasers Property (SGX:TQ5) Gross Margin % : 41.07% (As of Mar. 2024)


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What is Frasers Property Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Frasers Property's Gross Profit for the six months ended in Mar. 2024 was S$636 Mil. Frasers Property's Revenue for the six months ended in Mar. 2024 was S$1,549 Mil. Therefore, Frasers Property's Gross Margin % for the quarter that ended in Mar. 2024 was 41.07%.


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

SGX:TQ5' s Gross Margin % Range Over the Past 10 Years
Min: 29.4   Med: 36.59   Max: 41.6
Current: 38.77


During the past 12 years, the highest Gross Margin % of Frasers Property was 41.60%. The lowest was 29.40%. And the median was 36.59%.

SGX:TQ5's Gross Margin % is ranked better than
52.78% of 1656 companies
in the Real Estate industry
Industry Median: 36.6 vs SGX:TQ5: 38.77

Frasers Property had a gross margin of 41.07% for the quarter that ended in Mar. 2024 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Frasers Property was 2.40% per year.


Frasers Property Gross Margin % Historical Data

The historical data trend for Frasers Property'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 Gross Margin % Chart

Frasers Property 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 38.15 38.26 41.60 38.84 39.12

Frasers Property Semi-Annual Data
Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 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 39.97 37.97 41.30 37.00 41.07

Competitive Comparison of Frasers Property's Gross Margin %

For the Real Estate - Diversified subindustry, Frasers Property'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's Gross Margin % Distribution in the Real Estate Industry

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

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



Frasers Property Gross Margin % Calculation

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

Frasers Property'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 )
=1543.9 / 3947.066
=(Revenue - Cost of Goods Sold) / Revenue
=(3947.066 - 2403.14) / 3947.066
=39.12 %

Frasers Property'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 )
=636.2 / 1549.182
=(Revenue - Cost of Goods Sold) / Revenue
=(1549.182 - 912.949) / 1549.182
=41.07 %

* 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  (SGX:TQ5) 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 had a gross margin of 41.07% 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 Gross Margin % Related Terms

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


Frasers Property (SGX:TQ5) Business Description

Traded in Other Exchanges
Address
438 Alexandra Road, No. 21-00 Alexandra Point, Singapore, SGP, 119958
Frasers Property Ltd owns, develops and manages a diverse, integrated portfolio of properties. Its assets range from residential, retail, commercial and business parks, to industrial and logistics in Singapore, Australia, Europe, China, and Southeast Asia. The Company's reportable operating segments comprise four strategic business units which are Singapore , Australia and Industrial, Hospitality, Thailand & Vietnam and Others. It generates majority of the revenue from singapore segment.

Frasers Property (SGX:TQ5) Headlines

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