GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » KDX Realty Investment Corp (TSE:8972) » Definitions » Gross Margin %

KDX Realty Investment (TSE:8972) Gross Margin % : 54.93% (As of Apr. 2023)


View and export this data going back to 2005. Start your Free Trial

What is KDX Realty Investment Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. KDX Realty Investment's Gross Profit for the six months ended in Apr. 2023 was 円9,497 Mil. KDX Realty Investment's Revenue for the six months ended in Apr. 2023 was 円17,291 Mil. Therefore, KDX Realty Investment's Gross Margin % for the quarter that ended in Apr. 2023 was 54.93%.


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

TSE:8972' s Gross Margin % Range Over the Past 10 Years
Min: 45.66   Med: 52.43   Max: 55.93
Current: 53.81


During the past 13 years, the highest Gross Margin % of KDX Realty Investment was 55.93%. The lowest was 45.66%. And the median was 52.43%.

TSE:8972's Gross Margin % is ranked worse than
81.21% of 628 companies
in the REITs industry
Industry Median: 68.83 vs TSE:8972: 53.81

KDX Realty Investment had a gross margin of 54.93% for the quarter that ended in Apr. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for KDX Realty Investment was 2.30% per year.


KDX Realty Investment Gross Margin % Historical Data

The historical data trend for KDX Realty 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.

KDX Realty Investment Gross Margin % Chart

KDX Realty Investment Annual Data
Trend Oct13 Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 53.43 53.79 55.93 54.89 53.30

KDX Realty Investment Semi-Annual Data
Oct13 Apr14 Oct14 Apr15 Oct15 Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23
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 56.57 53.06 54.00 52.62 54.93

Competitive Comparison of KDX Realty Investment's Gross Margin %

For the REIT - Diversified subindustry, KDX Realty 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.


KDX Realty Investment's Gross Margin % Distribution in the REITs Industry

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

* The bar in red indicates where KDX Realty Investment's Gross Margin % falls into.



KDX Realty Investment Gross Margin % Calculation

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

KDX Realty Investment's Gross Margin for the fiscal year that ended in Oct. 2022 is calculated as

Gross Margin % (A: Oct. 2022 )=Gross Profit (A: Oct. 2022 ) / Revenue (A: Oct. 2022 )
=17139.8 / 32157.466
=(Revenue - Cost of Goods Sold) / Revenue
=(32157.466 - 15017.667) / 32157.466
=53.30 %

KDX Realty Investment's Gross Margin for the quarter that ended in Apr. 2023 is calculated as


Gross Margin % (Q: Apr. 2023 )=Gross Profit (Q: Apr. 2023 ) / Revenue (Q: Apr. 2023 )
=9497.1 / 17290.712
=(Revenue - Cost of Goods Sold) / Revenue
=(17290.712 - 7793.647) / 17290.712
=54.93 %

* 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.


KDX Realty Investment  (TSE:8972) 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

KDX Realty Investment had a gross margin of 54.93% for the quarter that ended in Apr. 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.


KDX Realty Investment Gross Margin % Related Terms

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


KDX Realty Investment (TSE:8972) Business Description

Traded in Other Exchanges
N/A
Address
2-1-6 Uchisaiwaicho, Chiyoda-ku, Tokyo, JPN, 105-0004
KDX Realty Investment Corp is a Japan-based real estate investment trust. It is engaged in the business of investing in office and residential buildings. The company has around 100 properties, which include Mid-sized Office Buildings and other office building, central urban properties, residential properties, and others. The company owns properties in 5 Central wards of Tokyo, Tokyo Metropolitan area, and other regional areas.

KDX Realty Investment (TSE:8972) Headlines

No Headlines