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Frasers Centrepoint Trust (Frasers Centrepoint Trust) Operating Margin % : 61.14% (As of Mar. 2024)


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What is Frasers Centrepoint Trust Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. Frasers Centrepoint Trust's Operating Income for the six months ended in Mar. 2024 was $78.5 Mil. Frasers Centrepoint Trust's Revenue for the six months ended in Mar. 2024 was $128.4 Mil. Therefore, Frasers Centrepoint Trust's Operating Margin % for the quarter that ended in Mar. 2024 was 61.14%.

Good Sign:

Frasers Centrepoint Trust operating margin is expanding. Margin expansion is usually a good sign.

The historical rank and industry rank for Frasers Centrepoint Trust's Operating Margin % or its related term are showing as below:

FRZCF' s Operating Margin % Range Over the Past 10 Years
Min: 55.27   Med: 61.86   Max: 62.5
Current: 60.4


FRZCF's Operating Margin % is ranked better than
63.6% of 695 companies
in the REITs industry
Industry Median: 51.83 vs FRZCF: 60.40

Frasers Centrepoint Trust's 5-Year Average Operating Margin % Growth Rate was 0.20% per year.

Frasers Centrepoint Trust's Operating Income for the six months ended in Mar. 2024 was $78.5 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2024 was $159.1 Mil.


Frasers Centrepoint Trust Operating Margin % Historical Data

The historical data trend for Frasers Centrepoint Trust's Operating 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.

Frasers Centrepoint Trust Operating Margin % Chart

Frasers Centrepoint Trust Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Operating Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 61.75 55.27 61.89 62.50 61.20

Frasers Centrepoint Trust Semi-Annual Data
Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
Operating 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 63.97 61.08 62.68 59.70 61.14

Competitive Comparison of Frasers Centrepoint Trust's Operating Margin %

For the REIT - Retail subindustry, Frasers Centrepoint Trust's Operating Margin %, along with its competitors' market caps and Operating 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.


Frasers Centrepoint Trust's Operating Margin % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Frasers Centrepoint Trust's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Frasers Centrepoint Trust's Operating Margin % falls into.



Frasers Centrepoint Trust Operating Margin % Calculation

Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.

Frasers Centrepoint Trust's Operating Margin % for the fiscal year that ended in Sep. 2023 is calculated as

Operating Margin %=Operating Income (A: Sep. 2023 ) / Revenue (A: Sep. 2023 )
=165.913 / 271.118
=61.20 %

Frasers Centrepoint Trust's Operating Margin % for the quarter that ended in Mar. 2024 is calculated as

Operating Margin %=Operating Income (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=78.537 / 128.449
=61.14 %

* 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.


Frasers Centrepoint Trust  (OTCPK:FRZCF) Operating Margin % Explanation

Just like Gross Margin %, it is important to see a company maintains its operating margin over time. Among the same industry, a company with higher operating margin is more efficient in its operation. It is also more stable during industry slowdown or recessions. Peter Lynch prefers those with higher margins than those with lower margins.


Be Aware

Operating Margin % can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin % may decline. Often the Operating Margin % declines well before the company's Revenue or even profit decline. Therefore, Operating Margin % is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia’s Operating Margin % had already been in decline since 2002, although its Earnings per Share (Diluted) were still rising. Investors who paid attention to Operating Margin % would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin % is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


Frasers Centrepoint Trust Operating Margin % Related Terms

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Frasers Centrepoint Trust (Frasers Centrepoint Trust) Business Description

Traded in Other Exchanges
Address
10 Marina Boulevard, Marina Bay Financial Centre, Tower 2 Number 48-01, Singapore, SGP, 018983
Frasers Centrepoint Trust is a real estate investment trust listed on the Singapore Exchange that predominately invests in suburban retail assets in Singapore. Its portfolio consists of 11 retail malls (of which two are not wholly owned) and one office property with a total valuation of SGD 7.6 billion as at Sept. 30, 2023. FCT also holds a: i) 30.97% interest in Hektar REIT, a retail-focused REIT in Malaysia; and ii) 43.7% interest in Changi City Carpark. The trust is externally managed by Frasers Centrepoint Asset Management, a wholly owned subsidiary of Frasers Property Limited that has a 41.2% direct and indirect interest in FCT.

Frasers Centrepoint Trust (Frasers Centrepoint Trust) Headlines