Abacus Storage King (ASX:ASK) Gross Margin %: 78.13% (As of Dec. 2025) — Near Median


ASX:ASK Abacus Storage King ASX:ASK
41 GF Score
Price A$1.37
GF Value A$1.53
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Abacus Storage King Gross Margin %?

Abacus Storage King ASX:ASK -0.36% 41 Gross Margin % is 78.13% as of Dec. 2025, which is 9% below its 10-year median of 85.93. GuruFocus rates ASX:ASK with a GF Score™ of 41/100 and a GF Value™ of A$1.53 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 680 REITs companies, Abacus Storage King ranks better than 57.65% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Abacus Storage King's Gross Profit for the six months ended in Dec. 2025 was A$95.6 Mil. Abacus Storage King's Revenue for the six months ended in Dec. 2025 was A$122.4 Mil. Therefore, Abacus Storage King's Gross Margin % for the quarter that ended in Dec. 2025 was 78.13%.


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

ASX:ASK' s Gross Margin % Range Over the Past 10 Years
Min: 73.43   Med: 85.93   Max: 99.99
Current: 73.43


During the past 4 years, the highest Gross Margin % of Abacus Storage King was 99.99%. The lowest was 73.43%. And the median was 85.93%.

ASX:ASK's Gross Margin % is ranked better than
57.65% of 680 companies
in the REITs industry
Industry Median: 69.705 vs ASX:ASK: 73.43

Abacus Storage King had a gross margin of 78.13% for the quarter that ended in Dec. 2025 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Abacus Storage King was 0.00% per year.


Abacus Storage King  (ASX:ASK) 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

Abacus Storage King had a gross margin of 78.13% for the quarter that ended in Dec. 2025 => 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.


Abacus Storage King Gross Margin % Related Terms


Abacus Storage King Gross Margin % Historical Data

* Premium members only.

The historical data trend for Abacus Storage King'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.

Abacus Storage King Gross Margin % Chart

Abacus Storage King Annual Data
Trend Jun21 Jun22 Jun24 Jun25
Gross Margin %
96.03 99.99 75.83 74.04

Abacus Storage King Semi-Annual Data
Jun21 Jun22 Dec22 Dec23 Jun24 Dec24 Jun25 Dec25
Gross Margin % Get a 7-Day Free Trial 81.90 69.99 79.54 68.94 78.13

ASX:ASK vs PLD, PSA, EXR: Gross Margin % Comparison

For the REIT - Industrial subindustry, Abacus Storage King'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.


Abacus Storage King Gross Margin % vs REITs Industry

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

* The bar in red indicates where Abacus Storage King's Gross Margin % falls into.


ASX:ASK
41GF Score
Abacus Storage King ASX:ASK
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Abacus Storage King Gross Margin % Calculation

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

Abacus Storage King'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 )
=182.5 / 246.457
=(Revenue - Cost of Goods Sold) / Revenue
=(246.457 - 63.99) / 246.457
=74.04 %

Abacus Storage King'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 )
=95.6 / 122.358
=(Revenue - Cost of Goods Sold) / Revenue
=(122.358 - 26.763) / 122.358
=78.13 %

* 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 78.13% mean?
Abacus Storage King (ASX:ASK) has a Gross Margin % of 78.13% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Abacus Storage King and its competitors. This is near median its historical median of 85.93. Over the past decade, Abacus Storage King's Gross Margin % has ranged from 73.43 to 99.99. According to the industry distribution chart, Abacus Storage King ranks #288 out of 680 companies in the REITs industry, placing it in the top 42.4%.
Is Abacus Storage King's Gross Margin % too high?
Abacus Storage King's current Gross Margin % of 78.13% is near median its 10-year median of 85.93. Over the past 10 years, this metric has ranged from a low of 73.43 to a high of 99.99. The REITs industry median Gross Margin % is 69.71. Abacus Storage King's value of 78.13% is 12.1% above this industry median. Based on the distribution chart, Abacus Storage King ranks #288 out of 680 companies in the REITs industry, which is above the industry midpoint. Overall, Abacus Storage King has a GF Score™ of 41/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Abacus Storage King's Gross Margin % compare to PLD and PSA?
According to the REITs industry distribution chart, Abacus Storage King ranks #288 out of 680 companies for Gross Margin %. This puts Abacus Storage King in the upper half of its industry. The industry median Gross Margin % is 69.71. Abacus Storage King's value of 78.13% is 12.1% above this benchmark. Historically, Abacus Storage King's own Gross Margin % has ranged from 73.43 to 99.99 over the past decade. While the company's 10-year median is 85.93 vs. the industry median of 69.71, Abacus Storage King has consistently been above the industry average. 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 69.71, based on 680 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. Abacus Storage King's current Gross Margin % of 78.13% is 12.1% above the industry median. 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 Abacus Storage King and its competitors. For the REITs industry, the median Gross Margin % is 69.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Abacus Storage King's current Gross Margin % is 78.13%, which is near median its own 10-year median of 85.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Abacus Storage King stock overvalued right now?
Based on GuruFocus' analysis, Abacus Storage King (ASX:ASK) is currently considered Modestly Undervalued. The stock's GF Value™ is A$1.53, compared to a current price of A$1.37 — trading 10.5% below its estimated fair value. The current Gross Margin % is 78.13%, which is near median its 10-year median of 85.93 and 12.1% above the REITs industry median of 69.71. Abacus Storage King's overall GF Score™ is 41/100 with 4 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 Abacus Storage King (ASX:ASK), the current Gross Margin % is 78.13% 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 Abacus Storage King (ASX:ASK) Overvalued in 2026?

Based on GuruFocus' analysis, Abacus Storage King stock appears to be undervalued. The current stock price of A$1.37 is trading 10.5% below its estimated GF Value™ of A$1.53. GuruFocus considers Abacus Storage King to be Modestly Undervalued.

Key valuation signals for ASX:ASK:

  • Gross Margin %: 78.13% (near median its 10-year median of 85.93)
  • GF Value™: A$1.53 vs. price of A$1.37 (10.5% below fair value)
  • GF Score™: 41/100 with 4 warning signs
  • Industry Position: 12.1% above the REITs median (#288 of 680)

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


Abacus Storage King Business Description

Industry Real EstateREITs
Address 77 Castlereagh Street, Level 13, Sydney, NSW, AUS, 2000
Abacus Storage King is a self-storage REIT. It owns, operates, and manages a self-storage operating platform and an investment portfolio comprising self-storage properties and other investments across Australia and New Zealand.
41GF Score

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

A$1.37
Price
A$1.53
GF Value