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Park Street A/S (OCSE:PARKST A) Gross Margin % : 78.82% (As of Dec. 2023)


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What is Park Street A/S Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Park Street A/S's Gross Profit for the six months ended in Dec. 2023 was kr65.2 Mil. Park Street A/S's Revenue for the six months ended in Dec. 2023 was kr82.7 Mil. Therefore, Park Street A/S's Gross Margin % for the quarter that ended in Dec. 2023 was 78.82%.

Warning Sign:

Park Street A/S gross margin has been in long-term decline. The average rate of decline per year is -2.4%.


The historical rank and industry rank for Park Street A/S's Gross Margin % or its related term are showing as below:

OCSE:PARKST A' s Gross Margin % Range Over the Past 10 Years
Min: 37.94   Med: 74.08   Max: 83.3
Current: 73.38


During the past 13 years, the highest Gross Margin % of Park Street A/S was 83.30%. The lowest was 37.94%. And the median was 74.08%.

OCSE:PARKST A's Gross Margin % is ranked better than
84.24% of 1656 companies
in the Real Estate industry
Industry Median: 36.73 vs OCSE:PARKST A: 73.38

Park Street A/S had a gross margin of 78.82% for the quarter that ended in Dec. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Park Street A/S was -2.40% per year.


Park Street A/S Gross Margin % Historical Data

The historical data trend for Park Street A/S'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.

Park Street A/S Gross Margin % Chart

Park Street A/S Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 73.88 72.38 74.27 68.29 73.38

Park Street A/S Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 74.95 69.69 66.88 67.99 78.82

Competitive Comparison of Park Street A/S's Gross Margin %

For the Real Estate Services subindustry, Park Street A/S'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.


Park Street A/S's Gross Margin % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Park Street A/S's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Park Street A/S's Gross Margin % falls into.



Park Street A/S Gross Margin % Calculation

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

Park Street A/S'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 )
=121.9 / 166.142
=(Revenue - Cost of Goods Sold) / Revenue
=(166.142 - 44.227) / 166.142
=73.38 %

Park Street A/S'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 )
=65.2 / 82.694
=(Revenue - Cost of Goods Sold) / Revenue
=(82.694 - 17.515) / 82.694
=78.82 %

* 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.


Park Street A/S  (OCSE:PARKST A) 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

Park Street A/S had a gross margin of 78.82% 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.


Park Street A/S Gross Margin % Related Terms

Thank you for viewing the detailed overview of Park Street A/S's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Park Street A/S (OCSE:PARKST A) Business Description

Traded in Other Exchanges
N/A
Address
Svanevej 12, Kobenhavn, DNK, DK-2400
Park Street A/S is a real estate investment and asset management company. The Company manages the real estate portfolio mainly in the office, retail, and residential segment. Revenue includes rental income, interest on mortgage and debt instruments measured at fair value, sale amount from sold project holding, sales of goods, and sales of other services. The Group's investment properties are geographically concentrated in Greater Copenhagen and Zealand.

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