Australian Unity Office Fund (ASX:AOF) Gross Margin %: -81.25% (As of Dec. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

ASX:AOF Australian Unity Office Fund ASX:AOF
26 GF Score
Price A$0.37
GF Value A$0.11
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is Australian Unity Office Fund Gross Margin %?

Australian Unity Office Fund ASX:AOF 26 Gross Margin % is -81.25% as of Dec. 2025. GuruFocus rates ASX:AOF with a GF Score™ of 26/100 and a GF Value™ of A$0.11 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 678 REITs companies, Australian Unity Office Fund ranks worse than 99.41% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Australian Unity Office Fund's Gross Profit for the six months ended in Dec. 2025 was A$-0.64 Mil. Australian Unity Office Fund's Revenue for the six months ended in Dec. 2025 was A$0.78 Mil. Therefore, Australian Unity Office Fund's Gross Margin % for the quarter that ended in Dec. 2025 was -81.25%.


The historical rank and industry rank for Australian Unity Office Fund's Gross Margin % or its related term are showing as below:

ASX:AOF' s Gross Margin % Range Over the Past 10 Years
Min: -62.38   Med: 63.68   Max: 72
Current: -62.38


During the past 10 years, the highest Gross Margin % of Australian Unity Office Fund was 72.00%. The lowest was -62.38%. And the median was 63.68%.

ASX:AOF's Gross Margin % is ranked worse than
99.41% of 678 companies
in the REITs industry
Industry Median: 69.925 vs ASX:AOF: -62.38

Australian Unity Office Fund had a gross margin of -81.25% for the quarter that ended in Dec. 2025 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Australian Unity Office Fund was 0.00% per year.


Australian Unity Office Fund  (ASX:AOF) 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

Australian Unity Office Fund had a gross margin of -81.25% for the quarter that ended in Dec. 2025 => No sustainable 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.


Australian Unity Office Fund Gross Margin % Related Terms


Australian Unity Office Fund Gross Margin % Historical Data

* Premium members only.

The historical data trend for Australian Unity Office Fund'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.

Australian Unity Office Fund Gross Margin % Chart

Australian Unity Office Fund Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 63.79 72.00 56.57 62.16 -3.85

Australian Unity Office Fund Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 54.25 68.73 14.12 -54.41 -81.25

ASX:AOF vs BXP, ARE, VNO: Gross Margin % Comparison

For the REIT - Office subindustry, Australian Unity Office Fund'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.


Australian Unity Office Fund Gross Margin % vs REITs Industry

For the REITs industry and Real Estate sector, Australian Unity Office Fund's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Australian Unity Office Fund's Gross Margin % falls into.


ASX:AOF
26GF Score
Australian Unity Office Fund ASX:AOF
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Australian Unity Office Fund Gross Margin % Calculation

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

Australian Unity Office Fund's Gross Margin for the fiscal year that ended in Jun. 2025 is calculated as

Gross Margin % (A: Jun. 2025 )=Gross Profit (A: Jun. 2025 ) / Revenue (A: Jun. 2025 )
=-0.3 / 7.085
=(Revenue - Cost of Goods Sold) / Revenue
=(7.085 - 7.358) / 7.085
=-3.85 %

Australian Unity Office Fund's Gross Margin for the quarter that ended in Dec. 2025 is calculated as


Gross Margin % (Q: Dec. 2025 )=Gross Profit (Q: Dec. 2025 ) / Revenue (Q: Dec. 2025 )
=-0.6 / 0.784
=(Revenue - Cost of Goods Sold) / Revenue
=(0.784 - 1.421) / 0.784
=-81.25 %

* 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.

Frequently Asked Questions Learn more about Gross Margin % →
What does a Gross Margin % of -81.25% mean?
Australian Unity Office Fund (ASX:AOF) has a Gross Margin % of -81.25% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Australian Unity Office Fund and its competitors. According to the industry distribution chart, Australian Unity Office Fund ranks #674 out of 678 companies in the REITs industry, placing it in the top 99.4%.
Is Australian Unity Office Fund's Gross Margin % too high?
Australian Unity Office Fund's current Gross Margin % is -81.25%. Based on the distribution chart, Australian Unity Office Fund ranks #674 out of 678 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Australian Unity Office Fund has a GF Score™ of 26/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Australian Unity Office Fund's Gross Margin % compare to BXP and ARE?
According to the REITs industry distribution chart, Australian Unity Office Fund ranks #674 out of 678 companies for Gross Margin %. This places Australian Unity Office Fund in the lower half of its industry. The industry median Gross Margin % is 69.93. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Margin % for a REITs company?
The median Gross Margin % among REITs companies is 69.93, based on 678 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on Australian Unity Office Fund and its competitors. For the REITs industry, the median Gross Margin % is 69.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Australian Unity Office Fund's current Gross Margin % is -81.25%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Australian Unity Office Fund stock overvalued right now?
Based on GuruFocus' analysis, Australian Unity Office Fund (ASX:AOF) is currently considered Significantly Overvalued. The stock's GF Value™ is A$0.11, compared to a current price of A$0.37 — trading 231.8% above its estimated fair value. The current Gross Margin % is -81.25%. Australian Unity Office Fund's overall GF Score™ is 26/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For Australian Unity Office Fund (ASX:AOF), the current Gross Margin % is -81.25% as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Australian Unity Office Fund (ASX:AOF) Overvalued in 2026?

Based on GuruFocus' analysis, Australian Unity Office Fund stock appears to be overvalued. The current stock price of A$0.37 is trading 231.8% above its estimated GF Value™ of A$0.11. GuruFocus considers Australian Unity Office Fund to be Significantly Overvalued.

Key valuation signals for ASX:AOF:

  • Gross Margin %: -81.25%
  • GF Value™: A$0.11 vs. price of A$0.37 (231.8% above fair value)
  • GF Score™: 26/100 with 2 warning signs

No single metric tells the full story. See the ASX:AOF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Australian Unity Office Fund Business Description

Industry Real EstateREITs
Address 271 Spring Street, Level 15, Melbourne, VIC, AUS, 3000
Australian Unity Office Fund is a Real Estate Investment Trust. Its only operating segment is investment in real estate. Geographically, it operates solely in Australia and generates revenue from rental income.
26GF Score

Get the complete analysis for ASX:AOF

Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

A$0.37
Price
A$0.11
GF Value