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AME REIT (XKLS:5307) Gross Margin % : 84.20% (As of Dec. 2023)


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What is AME REIT Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. AME REIT's Gross Profit for the three months ended in Dec. 2023 was RM10.41 Mil. AME REIT's Revenue for the three months ended in Dec. 2023 was RM12.36 Mil. Therefore, AME REIT's Gross Margin % for the quarter that ended in Dec. 2023 was 84.20%.


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

XKLS:5307' s Gross Margin % Range Over the Past 10 Years
Min: 80.18   Med: 81.02   Max: 84.44
Current: 83.91


During the past 4 years, the highest Gross Margin % of AME REIT was 84.44%. The lowest was 80.18%. And the median was 81.02%.

XKLS:5307's Gross Margin % is ranked better than
76.98% of 630 companies
in the REITs industry
Industry Median: 68.93 vs XKLS:5307: 83.91

AME REIT had a gross margin of 84.20% for the quarter that ended in Dec. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for AME REIT was 0.00% per year.


AME REIT Gross Margin % Historical Data

The historical data trend for AME REIT'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.

AME REIT Gross Margin % Chart

AME REIT Annual Data
Trend Mar20 Mar21 Mar22 Mar23
Gross Margin %
80.18 80.85 81.19 84.44

AME REIT Quarterly Data
Mar20 Mar21 Mar22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Gross Margin % Get a 7-Day Free Trial Premium Member Only 84.48 84.42 84.67 82.41 84.20

Competitive Comparison of AME REIT's Gross Margin %

For the REIT - Industrial subindustry, AME REIT'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.


AME REIT's Gross Margin % Distribution in the REITs Industry

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

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



AME REIT Gross Margin % Calculation

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

AME REIT'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 )
=19.3 / 22.873
=(Revenue - Cost of Goods Sold) / Revenue
=(22.873 - 3.558) / 22.873
=84.44 %

AME REIT's Gross Margin for the quarter that ended in Dec. 2023 is calculated as


Gross Margin % (Q: Dec. 2023 )=Gross Profit (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=10.4 / 12.363
=(Revenue - Cost of Goods Sold) / Revenue
=(12.363 - 1.953) / 12.363
=84.20 %

* 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.


AME REIT  (XKLS:5307) 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

AME REIT had a gross margin of 84.20% for the quarter that ended in Dec. 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.


AME REIT Gross Margin % Related Terms

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AME REIT (XKLS:5307) Business Description

Traded in Other Exchanges
N/A
Address
No. 2, Jalan I-Park SAC 1/1, Taman Perindustrian I-Park SAC, Senai, JHR, MYS, 81400
AME REIT is engaged in investing directly and indirectly in a Shariah compliant portfolio of income income producing Real Estate used primarily for industrial and industrial-related purposes in Malaysia and overseas. The company's portfolio consists of 34 subject properties with 31 industrial properties and around 3 industrial related properties known as Dormitories which are freehold properties.

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