Centuria Office REITASX:COF +1.09%69 Gross Margin % is 93.15% as of Dec. 2025, which is 0% above its 10-year median of 92.91. GuruFocus rates ASX:COF with a GF Score™ of 69/100 and a GF Value™ of A$1.17 (Modestly Undervalued). The stock has 8 warning signs investors should review. Among 682 REITs companies, Centuria Office REIT ranks better than 88.27% on this metric.
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
Centuria Office REIT had a gross margin of 93.15% 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.
Centuria Office REIT Gross Margin % Related Terms
Centuria Office REIT Gross Margin % Historical Data
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The historical data trend for Centuria Office REIT'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.
ASX:COF vs BXP, ARE, VNO: Gross Margin % Comparison
For the REIT - Office subindustry, Centuria Office REIT'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.
Centuria Office REIT Gross Margin % vs REITs Industry
For the REITs industry and Real Estate sector, Centuria Office REIT's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Centuria Office REIT's Gross Margin % falls into.
* 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.
Centuria Office REIT (ASX:COF) has a Gross Margin % of 93.15% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Centuria Office REIT and its competitors. This is near median its historical median of 92.91. Over the past decade, Centuria Office REIT's Gross Margin % has ranged from 92.09 to 94.98. According to the industry distribution chart, Centuria Office REIT ranks #80 out of 682 companies in the REITs industry, placing it in the top 11.7%.
Is Centuria Office REIT's Gross Margin % too high?
Centuria Office REIT's current Gross Margin % of 93.15% is near median its 10-year median of 92.91. Over the past 10 years, this metric has ranged from a low of 92.09 to a high of 94.98. The REITs industry median Gross Margin % is 69.71. Centuria Office REIT's value of 93.15% is 33.6% above this industry median. Based on the distribution chart, Centuria Office REIT ranks #80 out of 682 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, Centuria Office REIT has a GF Score™ of 69/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Centuria Office REIT's Gross Margin % compare to BXP and ARE?
According to the REITs industry distribution chart, Centuria Office REIT ranks #80 out of 682 companies for Gross Margin %. This places Centuria Office REIT in the top 12% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 69.71. Centuria Office REIT's value of 93.15% is 33.6% above this benchmark. Historically, Centuria Office REIT's own Gross Margin % has ranged from 92.09 to 94.98 over the past decade. While the company's 10-year median is 92.91 vs. the industry median of 69.71, Centuria Office REIT 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 682 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. Centuria Office REIT's current Gross Margin % of 93.15% is 33.6% 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 Centuria Office REIT 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. Centuria Office REIT's current Gross Margin % is 93.15%, which is near median its own 10-year median of 92.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Centuria Office REIT stock overvalued right now?
Based on GuruFocus' analysis, Centuria Office REIT (ASX:COF) is currently considered Modestly Undervalued. The stock's GF Value™ is A$1.17, compared to a current price of A$0.93 — trading 20.5% below its estimated fair value. The current Gross Margin % is 93.15%, which is near median its 10-year median of 92.91 and 33.6% above the REITs industry median of 69.71. Centuria Office REIT's overall GF Score™ is 69/100 with 8 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 Centuria Office REIT (ASX:COF), the current Gross Margin % is 93.15% 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 Centuria Office REIT (ASX:COF) Overvalued in 2026?
Based on GuruFocus' analysis, Centuria Office REIT stock appears to be undervalued.
The current stock price of A$0.93 is trading 20.5% below its estimated GF Value™ of A$1.17.
GuruFocus considers Centuria Office REIT to be Modestly Undervalued.
Key valuation signals for ASX:COF:
Gross Margin %: 93.15% (near median its 10-year median of 92.91)
GF Value™: A$1.17 vs. price of A$0.93 (20.5% below fair value)
Industry Position: 33.6% above the REITs median (#80 of 682)
No single metric tells the full story. See the ASX:COF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Centuria Office REIT is an externally managed real estate investment vehicle. The trust holds a portfolio of office buildings and passes most of the income generated from leasing out these properties to unitholders. Centuria Office focuses on suburban offices, with nearly the entire portfolio located in major Australian capital cities and rated modern A grade.The external manager, Centuria Capital Group, receives fees from Centuria Office in exchange for leasing, property management, and development management services, and retains a 19% interest in the trust. Centuria Office REIT was originally called Centuria Metropolitan REIT. It was renamed in 2020 after selling its industrial assets and becoming a pure-play office REIT.
69GF Score
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