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NTT UD Reit Investment (TSE:8956) Gross Margin % : 51.23% (As of Oct. 2023)


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What is NTT UD Reit Investment Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. NTT UD Reit Investment's Gross Profit for the six months ended in Oct. 2023 was 円6,241 Mil. NTT UD Reit Investment's Revenue for the six months ended in Oct. 2023 was 円12,182 Mil. Therefore, NTT UD Reit Investment's Gross Margin % for the quarter that ended in Oct. 2023 was 51.23%.


The historical rank and industry rank for NTT UD Reit Investment's Gross Margin % or its related term are showing as below:

TSE:8956' s Gross Margin % Range Over the Past 10 Years
Min: 50.77   Med: 51.47   Max: 54.23
Current: 50.77


During the past 13 years, the highest Gross Margin % of NTT UD Reit Investment was 54.23%. The lowest was 50.77%. And the median was 51.47%.

TSE:8956's Gross Margin % is ranked worse than
84.39% of 628 companies
in the REITs industry
Industry Median: 68.83 vs TSE:8956: 50.77

NTT UD Reit Investment had a gross margin of 51.23% for the quarter that ended in Oct. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for NTT UD Reit Investment was 0.00% per year.


NTT UD Reit Investment Gross Margin % Historical Data

The historical data trend for NTT UD Reit Investment'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.

NTT UD Reit Investment Gross Margin % Chart

NTT UD Reit Investment Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 52.15 51.48 54.23 51.45 50.77

NTT UD Reit Investment Semi-Annual Data
Apr14 Oct14 Apr15 Oct15 Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23
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 52.15 54.91 47.35 50.32 51.23

Competitive Comparison of NTT UD Reit Investment's Gross Margin %

For the REIT - Diversified subindustry, NTT UD Reit Investment'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.


NTT UD Reit Investment's Gross Margin % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, NTT UD Reit Investment's Gross Margin % distribution charts can be found below:

* The bar in red indicates where NTT UD Reit Investment's Gross Margin % falls into.



NTT UD Reit Investment Gross Margin % Calculation

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

NTT UD Reit Investment's Gross Margin for the fiscal year that ended in Oct. 2023 is calculated as

Gross Margin % (A: Oct. 2023 )=Gross Profit (A: Oct. 2023 ) / Revenue (A: Oct. 2023 )
=12454.1 / 24528.569
=(Revenue - Cost of Goods Sold) / Revenue
=(24528.569 - 12074.475) / 24528.569
=50.77 %

NTT UD Reit Investment's Gross Margin for the quarter that ended in Oct. 2023 is calculated as


Gross Margin % (Q: Oct. 2023 )=Gross Profit (Q: Oct. 2023 ) / Revenue (Q: Oct. 2023 )
=6241.1 / 12181.979
=(Revenue - Cost of Goods Sold) / Revenue
=(12181.979 - 5940.833) / 12181.979
=51.23 %

* 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.


NTT UD Reit Investment  (TSE:8956) 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

NTT UD Reit Investment had a gross margin of 51.23% for the quarter that ended in Oct. 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.


NTT UD Reit Investment Gross Margin % Related Terms

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NTT UD Reit Investment (TSE:8956) Business Description

Traded in Other Exchanges
N/A
Address
1-5-1 Otemachi, Chiyoda-ku, Tokyo, JPN
NTT UD Reit Investment Corp is a Japan-based real estate investment trust company. It is a J-REIT managing compound portfolio of office buildings and residential properties, with NTT Urban Development serving as the sponsor.

NTT UD Reit Investment (TSE:8956) Headlines

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