Abacus Group
ASX:ABG

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Abacus Group
ASX:ABG
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Price: 1.02 AUD -0.97% Market Closed
Market Cap: AU$911.5m

Gross Margin

74.8%
Current
Improving
by 3%
vs 3-y average of 71.8%

Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.

Gross Margin
74.8%
=
Gross Profit
AU$131.8m
/
Revenue
AU$176.3m

Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.

Gross Margin
74.8%
=
Gross Profit
AU$131.8m
/
Revenue
AU$176.3m

Peer Comparison

Country Company Market Cap Gross
Margin
AU
Abacus Group
ASX:ABG
911.5m AUD
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US
Boston Properties Inc
NYSE:BXP
8.4B USD
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US
Alexandria Real Estate Equities Inc
NYSE:ARE
8.7B USD
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JP
Nippon Building Fund Inc
TSE:8951
1.2T JPY
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FR
Covivio SA
PAR:COV
6.4B EUR
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US
COPT Defense Properties
NYSE:CDP
7.2B USD
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JP
Japan Real Estate Investment Corp
TSE:8952
910.6B JPY
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US
Vornado Realty Trust
NYSE:VNO
5.4B USD
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AU
Dexus
ASX:DXS
6.9B AUD
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SG
Keppel REIT
SGX:K71U
4.7B
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JP
Kenedix Office Investment Corp
TSE:8972
670.5B JPY
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Market Distribution

Higher than 82% of companies in Australia
Percentile
82st
Based on 2 544 companies
82st percentile
74.8%
Low
-6 907 100% — 21.6%
Typical Range
21.6% — 58.2%
High
58.2% — 2 095.9%
Distribution Statistics
Australia
Min -6 907 100%
30th Percentile 21.6%
Median 38.3%
70th Percentile 58.2%
Max 2 095.9%

Abacus Group
Glance View

Market Cap
911.5m AUD
Industry
Real Estate

Abacus Group is a AU-based company operating in Office REITs industry. The company is headquartered in Sydney, New South Wales. The company went IPO on 2002-11-14. Abacus Property Group is a diversified investment portfolio across commercial and self-storage properties. The Company’s segments include Property Investment-Self-Storage and Property Development-Commercial. The Property Investments-Self-Storage segment is responsible for the management, operation and ownership of self-storage properties. This segment also includes the operating business Storage King, ownership of listed securities and equity accounting of co-investments. Property Development-Commercial segment is responsible for the management and ownership of commercial (office and other) properties. This segment also includes the equity accounting of co-investments in property entities and secured property loans. Its portfolio is located across key metropolitan markets primarily on Australia’s east coast and throughout New Zealand. Its portfolio includes 11 Bowden Street, Alexandria NSW, Market Central Lutwyche, QLD, 86 Nettlefold Street, Belconnen ACT and others.

ABG Intrinsic Value
HIDDEN
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What is Gross Margin?
Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.
How is Gross Margin calculated?

Gross Margin is calculated by dividing the Gross Profit by the Revenue.

Gross Margin
74.8%
=
Gross Profit
AU$131.8m
/
Revenue
AU$176.3m
What is Abacus Group's current Gross Margin?

The current Gross Margin for Abacus Group is 74.8%, which is above its 3-year median of 71.8%.

How has Gross Margin changed over time?

Over the last 3 years, Abacus Group’s Gross Margin has decreased from 76.8% to 74.8%. During this period, it reached a low of 63% on Dec 31, 2023 and a high of 76.8% on Jun 30, 2022.

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