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Tokyu Reit (Tokyu Reit) Gross Margin % : 62.24% (As of Jul. 2023)


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What is Tokyu Reit Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Tokyu Reit's Gross Profit for the six months ended in Jul. 2023 was $39.4 Mil. Tokyu Reit's Revenue for the six months ended in Jul. 2023 was $63.3 Mil. Therefore, Tokyu Reit's Gross Margin % for the quarter that ended in Jul. 2023 was 62.24%.


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

TKURF' s Gross Margin % Range Over the Past 10 Years
Min: 48.94   Med: 55.55   Max: 69.49
Current: 63.01


During the past 13 years, the highest Gross Margin % of Tokyu Reit was 69.49%. The lowest was 48.94%. And the median was 55.55%.

TKURF's Gross Margin % is ranked worse than
63.72% of 634 companies
in the REITs industry
Industry Median: 68.745 vs TKURF: 63.01

Tokyu Reit had a gross margin of 62.24% for the quarter that ended in Jul. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Tokyu Reit was 5.30% per year.


Tokyu Reit Gross Margin % Historical Data

The historical data trend for Tokyu 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.

Tokyu Reit Gross Margin % Chart

Tokyu Reit Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 56.42 61.10 61.25 69.49 68.50

Tokyu Reit Semi-Annual Data
Jul14 Jan15 Jul15 Jan16 Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24
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 73.10 64.65 73.43 62.24 63.77

Competitive Comparison of Tokyu Reit's Gross Margin %

For the REIT - Diversified subindustry, Tokyu 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.


Tokyu Reit's Gross Margin % Distribution in the REITs Industry

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

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



Tokyu Reit Gross Margin % Calculation

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

Tokyu Reit's Gross Margin for the fiscal year that ended in Jul. 2023 is calculated as

Gross Margin % (A: Jul. 2023 )=Gross Profit (A: Jul. 2023 ) / Revenue (A: Jul. 2023 )
=98.4 / 143.657
=(Revenue - Cost of Goods Sold) / Revenue
=(143.657 - 45.254) / 143.657
=68.50 %

Tokyu Reit's Gross Margin for the quarter that ended in Jul. 2023 is calculated as


Gross Margin % (Q: Jul. 2023 )=Gross Profit (Q: Jul. 2023 ) / Revenue (Q: Jul. 2023 )
=39.4 / 63.323
=(Revenue - Cost of Goods Sold) / Revenue
=(63.323 - 23.91) / 63.323
=62.24 %

* 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.


Tokyu Reit  (OTCPK:TKURF) 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

Tokyu Reit had a gross margin of 62.24% for the quarter that ended in Jul. 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.


Tokyu Reit Gross Margin % Related Terms

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Tokyu Reit (Tokyu Reit) Business Description

Traded in Other Exchanges
Address
1-12-1, Dogenzaka, Tokyo, JPN
Tokyu Reit Inc is a Japanese real estate company. It is engaged in asset investment and management based on principles of growth, stability, and transparency. The company invests predominantly in retail and office properties located in Chiyoda, Chuo, Minato, Shinjuku and Shibuya wards. It also conducts replacement of properties and other measures as needed in order to maintain and improve the portfolio quality, aiming to enhance its asset value and increase net income per unit.

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