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GOP Properties Socimi (XMAD:YGOP) Gross Margin % : 90.19% (As of Dec. 2023)


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What is GOP Properties Socimi Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. GOP Properties Socimi's Gross Profit for the six months ended in Dec. 2023 was €5.12 Mil. GOP Properties Socimi's Revenue for the six months ended in Dec. 2023 was €5.68 Mil. Therefore, GOP Properties Socimi's Gross Margin % for the quarter that ended in Dec. 2023 was 90.19%.


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

XMAD:YGOP' s Gross Margin % Range Over the Past 10 Years
Min: 8.33   Med: 85.38   Max: 89.71
Current: 89.71


During the past 8 years, the highest Gross Margin % of GOP Properties Socimi was 89.71%. The lowest was 8.33%. And the median was 85.38%.

XMAD:YGOP's Gross Margin % is not ranked
in the REITs industry.
Industry Median: 68.675 vs XMAD:YGOP: 89.71

GOP Properties Socimi had a gross margin of 90.19% for the quarter that ended in Dec. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for GOP Properties Socimi was 0.90% per year.


GOP Properties Socimi Gross Margin % Historical Data

The historical data trend for GOP Properties Socimi'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.

GOP Properties Socimi Gross Margin % Chart

GOP Properties Socimi Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial 85.36 85.16 85.40 87.84 89.71

GOP Properties Socimi Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 86.99 87.36 88.31 89.18 90.19

Competitive Comparison of GOP Properties Socimi's Gross Margin %

For the REIT - Diversified subindustry, GOP Properties Socimi'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.


GOP Properties Socimi's Gross Margin % Distribution in the REITs Industry

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

* The bar in red indicates where GOP Properties Socimi's Gross Margin % falls into.



GOP Properties Socimi Gross Margin % Calculation

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

GOP Properties Socimi's Gross Margin for the fiscal year that ended in Dec. 2023 is calculated as

Gross Margin % (A: Dec. 2023 )=Gross Profit (A: Dec. 2023 ) / Revenue (A: Dec. 2023 )
=9.9 / 10.996
=(Revenue - Cost of Goods Sold) / Revenue
=(10.996 - 1.132) / 10.996
=89.71 %

GOP Properties Socimi'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 )
=5.1 / 5.68
=(Revenue - Cost of Goods Sold) / Revenue
=(5.68 - 0.557) / 5.68
=90.19 %

* 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.


GOP Properties Socimi  (XMAD:YGOP) 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

GOP Properties Socimi had a gross margin of 90.19% 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.


GOP Properties Socimi Gross Margin % Related Terms

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


GOP Properties Socimi (XMAD:YGOP) Business Description

Traded in Other Exchanges
N/A
Address
Avenida del Ensanche de Vallecas, 44, Madrid, ESP, 28051
GOP Properties Socimi SA is a Real Estate Investment Trust. The purpose of the company is to manage and operate a diversified portfolio of assets. Its assets are located mainly in Madrid. The main strategy of the company is aimed at generating recurring income for the shareholder and the creation of value in the assets of its present and future portfolio.

GOP Properties Socimi (XMAD:YGOP) Headlines

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