GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Daiwa House REIT Investment Corp (TSE:8984) » Definitions » Gross Margin %

Daiwa House REIT Investment (TSE:8984) Gross Margin % : 58.19% (As of Aug. 2023)


View and export this data going back to 2006. Start your Free Trial

What is Daiwa House REIT Investment Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Daiwa House REIT Investment's Gross Profit for the six months ended in Aug. 2023 was 円17,411 Mil. Daiwa House REIT Investment's Revenue for the six months ended in Aug. 2023 was 円29,921 Mil. Therefore, Daiwa House REIT Investment's Gross Margin % for the quarter that ended in Aug. 2023 was 58.19%.


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

TSE:8984' s Gross Margin % Range Over the Past 10 Years
Min: 51.25   Med: 59.01   Max: 60.04
Current: 58.61


During the past 13 years, the highest Gross Margin % of Daiwa House REIT Investment was 60.04%. The lowest was 51.25%. And the median was 59.01%.

TSE:8984's Gross Margin % is ranked worse than
73.21% of 627 companies
in the REITs industry
Industry Median: 68.91 vs TSE:8984: 58.61

Daiwa House REIT Investment had a gross margin of 58.19% for the quarter that ended in Aug. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Daiwa House REIT Investment was -0.40% per year.


Daiwa House REIT Investment Gross Margin % Historical Data

The historical data trend for Daiwa House 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.

Daiwa House REIT Investment Gross Margin % Chart

Daiwa House REIT Investment Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 59.91 59.30 59.66 58.72 58.27

Daiwa House REIT Investment Semi-Annual Data
Aug14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24
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 58.92 58.51 58.35 58.19 59.03

Competitive Comparison of Daiwa House REIT Investment's Gross Margin %

For the REIT - Diversified subindustry, Daiwa House 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.


Daiwa House REIT Investment's Gross Margin % Distribution in the REITs Industry

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

* The bar in red indicates where Daiwa House REIT Investment's Gross Margin % falls into.



Daiwa House REIT Investment Gross Margin % Calculation

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

Daiwa House REIT Investment's Gross Margin for the fiscal year that ended in Aug. 2023 is calculated as

Gross Margin % (A: Aug. 2023 )=Gross Profit (A: Aug. 2023 ) / Revenue (A: Aug. 2023 )
=34617.2 / 59410.514
=(Revenue - Cost of Goods Sold) / Revenue
=(59410.514 - 24793.302) / 59410.514
=58.27 %

Daiwa House REIT Investment's Gross Margin for the quarter that ended in Aug. 2023 is calculated as


Gross Margin % (Q: Aug. 2023 )=Gross Profit (Q: Aug. 2023 ) / Revenue (Q: Aug. 2023 )
=17411.1 / 29920.776
=(Revenue - Cost of Goods Sold) / Revenue
=(29920.776 - 12509.714) / 29920.776
=58.19 %

* 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.


Daiwa House REIT Investment  (TSE:8984) 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

Daiwa House REIT Investment had a gross margin of 58.19% for the quarter that ended in Aug. 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.


Daiwa House REIT Investment Gross Margin % Related Terms

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


Daiwa House REIT Investment (TSE:8984) Business Description

Traded in Other Exchanges
N/A
Address
2-4-8, Nagatacho, 7th Floor, Nissei Nagatacho Building, Chiyoda-ku, Tokyo, JPN, 100-0014
Daiwa House REIT Investment Corp is a diversified real estate investment trust which invests in real estate properties. Its core assets are logistics properties, residential properties, retail properties, and hotels. It invests mainly in three metropolitan areas the greater Tokyo area, the greater Nagoya area, and the greater Osaka area. The firm's portfolio consists of assets with various risk-return profiles. It generates revenue from rental activity on a straight-line accrual basis over the life of each lease contract. The company operates only in Japan.

Daiwa House REIT Investment (TSE:8984) Headlines

No Headlines