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Tsogo Sun (STU:G5E) Gross Margin % : 81.09% (As of Sep. 2023)


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What is Tsogo Sun Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Tsogo Sun's Gross Profit for the six months ended in Sep. 2023 was €229.9 Mil. Tsogo Sun's Revenue for the six months ended in Sep. 2023 was €283.5 Mil. Therefore, Tsogo Sun's Gross Margin % for the quarter that ended in Sep. 2023 was 81.09%.


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

STU:G5E' s Gross Margin % Range Over the Past 10 Years
Min: 78.2   Med: 79.23   Max: 83.54
Current: 78.64


During the past 13 years, the highest Gross Margin % of Tsogo Sun was 83.54%. The lowest was 78.20%. And the median was 79.23%.

STU:G5E's Gross Margin % is ranked better than
86.05% of 767 companies
in the Travel & Leisure industry
Industry Median: 43.23 vs STU:G5E: 78.64

Tsogo Sun had a gross margin of 81.09% for the quarter that ended in Sep. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Tsogo Sun was -0.30% per year.


Tsogo Sun Gross Margin % Historical Data

The historical data trend for Tsogo Sun'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.

Tsogo Sun Gross Margin % Chart

Tsogo Sun Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 78.66 78.63 78.20 78.23 78.42

Tsogo Sun 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 80.15 76.81 80.83 76.17 81.09

Competitive Comparison of Tsogo Sun's Gross Margin %

For the Resorts & Casinos subindustry, Tsogo Sun'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.


Tsogo Sun's Gross Margin % Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Tsogo Sun's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Tsogo Sun's Gross Margin % falls into.



Tsogo Sun Gross Margin % Calculation

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

Tsogo Sun's Gross Margin for the fiscal year that ended in Mar. 2023 is calculated as

Gross Margin % (A: Mar. 2023 )=Gross Profit (A: Mar. 2023 ) / Revenue (A: Mar. 2023 )
=444.3 / 566.554
=(Revenue - Cost of Goods Sold) / Revenue
=(566.554 - 122.252) / 566.554
=78.42 %

Tsogo Sun'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 )
=229.9 / 283.535
=(Revenue - Cost of Goods Sold) / Revenue
=(283.535 - 53.604) / 283.535
=81.09 %

* 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.


Tsogo Sun  (STU:G5E) 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

Tsogo Sun had a gross margin of 81.09% 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.


Tsogo Sun Gross Margin % Related Terms

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Tsogo Sun (STU:G5E) Business Description

Traded in Other Exchanges
Address
Montecasino Boulevard, Palazzo Towers East, Fourways, Johannesburg, GT, ZAF, 2055
Tsogo Sun Ltd is a casino, gaming, and entertainment company with operations in South Africa. It owns and operates a chain of hotels. The firm provides online reservations, casinos, conference and banqueting facilities, restaurants, and hospitality services. The firm recognises revenue from Food and beverage and Rooms.

Tsogo Sun (STU:G5E) Headlines

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