RAM Essential Services Property Fund (ASX:REP) Gross Margin %: 53.10% (As of Dec. 2025) — 11% Below Median

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ASX:REP RAM Essential Services Property Fund ASX:REP
24 GF Score
Price A$0.43
GF Value A$0.32
Valuation Significantly Overvalued
! 9 Warning Signs
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What is RAM Essential Services Property Fund Gross Margin %?

RAM Essential Services Property Fund ASX:REP 24 Gross Margin % is 53.10% as of Dec. 2025, which is 11% below its 10-year median of 59.37. GuruFocus rates ASX:REP with a GF Score™ of 24/100 and a GF Value™ of A$0.32 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 552 Asset Management companies, RAM Essential Services Property Fund ranks worse than 52.36% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. RAM Essential Services Property Fund's Gross Profit for the six months ended in Dec. 2025 was A$13.76 Mil. RAM Essential Services Property Fund's Revenue for the six months ended in Dec. 2025 was A$25.90 Mil. Therefore, RAM Essential Services Property Fund's Gross Margin % for the quarter that ended in Dec. 2025 was 53.10%.


The historical rank and industry rank for RAM Essential Services Property Fund's Gross Margin % or its related term are showing as below:

ASX:REP' s Gross Margin % Range Over the Past 10 Years
Min: 53.35   Med: 59.37   Max: 84.03
Current: 54.19


During the past 4 years, the highest Gross Margin % of RAM Essential Services Property Fund was 84.03%. The lowest was 53.35%. And the median was 59.37%.

ASX:REP's Gross Margin % is ranked worse than
52.36% of 552 companies
in the Asset Management industry
Industry Median: 57.13 vs ASX:REP: 54.19

RAM Essential Services Property Fund had a gross margin of 53.10% for the quarter that ended in Dec. 2025 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for RAM Essential Services Property Fund was 0.00% per year.


RAM Essential Services Property Fund  (ASX:REP) 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

RAM Essential Services Property Fund had a gross margin of 53.10% 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.


RAM Essential Services Property Fund Gross Margin % Related Terms


RAM Essential Services Property Fund Gross Margin % Historical Data

* Premium members only.

The historical data trend for RAM Essential Services Property 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.

RAM Essential Services Property Fund Gross Margin % Chart

RAM Essential Services Property Fund Annual Data
Trend Jun22 Jun23 Jun24 Jun25
Gross Margin %
84.03 61.21 57.52 53.35

RAM Essential Services Property Fund Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Gross Margin % Get a 7-Day Free Trial Premium Member Only 67.15 46.55 51.64 55.37 53.10

ASX:REP vs BLK, BX, KKR: Gross Margin % Comparison

For the Asset Management subindustry, RAM Essential Services Property 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.


RAM Essential Services Property Fund Gross Margin % vs Asset Management Industry

For the Asset Management industry and Financial Services sector, RAM Essential Services Property Fund's Gross Margin % distribution charts can be found below:

* The bar in red indicates where RAM Essential Services Property Fund's Gross Margin % falls into.


ASX:REP
24GF Score
RAM Essential Services Property Fund ASX:REP
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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RAM Essential Services Property Fund Gross Margin % Calculation

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

RAM Essential Services Property 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 )
=27.8 / 52.029
=(Revenue - Cost of Goods Sold) / Revenue
=(52.029 - 24.269) / 52.029
=53.35 %

RAM Essential Services Property 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 )
=13.8 / 25.903
=(Revenue - Cost of Goods Sold) / Revenue
=(25.903 - 12.148) / 25.903
=53.10 %

* 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 53.10% mean?
RAM Essential Services Property Fund (ASX:REP) has a Gross Margin % of 53.10% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on RAM Essential Services Property Fund and its competitors. This is 11% below median its historical median of 59.37. Over the past decade, RAM Essential Services Property Fund's Gross Margin % has ranged from 53.35 to 84.03. According to the industry distribution chart, RAM Essential Services Property Fund ranks #289 out of 552 companies in the Asset Management industry, placing it in the top 52.4%.
Is RAM Essential Services Property Fund's Gross Margin % too high?
RAM Essential Services Property Fund's current Gross Margin % of 53.10% is 11% below median its 10-year median of 59.37. Over the past 10 years, this metric has ranged from a low of 53.35 to a high of 84.03. The Asset Management industry median Gross Margin % is 57.13. RAM Essential Services Property Fund's value of 53.10% is 7.1% below this industry median. Based on the distribution chart, RAM Essential Services Property Fund ranks #289 out of 552 companies in the Asset Management industry, which is below the industry midpoint. Overall, RAM Essential Services Property Fund has a GF Score™ of 24/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does RAM Essential Services Property Fund's Gross Margin % compare to BLK and BX?
According to the Asset Management industry distribution chart, RAM Essential Services Property Fund ranks #289 out of 552 companies for Gross Margin %. This places RAM Essential Services Property Fund in the lower half of its industry. The industry median Gross Margin % is 57.13. RAM Essential Services Property Fund's value of 53.10% is 7.1% below this benchmark. Historically, RAM Essential Services Property Fund's own Gross Margin % has ranged from 53.35 to 84.03 over the past decade. While the company's 10-year median is 59.37 vs. the industry median of 57.13, RAM Essential Services Property Fund has consistently been below 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 an Asset Management company?
The median Gross Margin % among Asset Management companies is 57.13, based on 552 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. RAM Essential Services Property Fund's current Gross Margin % of 53.10% is 7.1% below 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 RAM Essential Services Property Fund and its competitors. For the Asset Management industry, the median Gross Margin % is 57.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. RAM Essential Services Property Fund's current Gross Margin % is 53.10%, which is 11% below median its own 10-year median of 59.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is RAM Essential Services Property Fund stock overvalued right now?
Based on GuruFocus' analysis, RAM Essential Services Property Fund (ASX:REP) is currently considered Significantly Overvalued. The stock's GF Value™ is A$0.32, compared to a current price of A$0.43 — trading 34.4% above its estimated fair value. The current Gross Margin % is 53.10%, which is 11% below median its 10-year median of 59.37 and 7.1% below the Asset Management industry median of 57.13. RAM Essential Services Property Fund's overall GF Score™ is 24/100 with 9 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 RAM Essential Services Property Fund (ASX:REP), the current Gross Margin % is 53.10% 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 RAM Essential Services Property Fund (ASX:REP) Overvalued in 2026?

Based on GuruFocus' analysis, RAM Essential Services Property Fund stock appears to be overvalued. The current stock price of A$0.43 is trading 34.4% above its estimated GF Value™ of A$0.32. GuruFocus considers RAM Essential Services Property Fund to be Significantly Overvalued.

Key valuation signals for ASX:REP:

  • Gross Margin %: 53.10% (11% below median its 10-year median of 59.37)
  • GF Value™: A$0.32 vs. price of A$0.43 (34.4% above fair value)
  • GF Score™: 24/100 with 9 warning signs
  • Industry Position: 7.1% below the Asset Management median (#289 of 552)

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


RAM Essential Services Property Fund Business Description

Address Chifley Square, Suite 15.01, Level 15, Chifley Tower 2, Sydney, NSW, AUS, 2000
RAM Essential Services Property Fund is an Australian alternative asset manager, providing investment solutions in Credit, Real Estate, and Private Equity markets, for institutions and wealthy families across the globe. Its objective is to provide investors with stable and secure income with the potential for both income and capital growth through exposure to high quality, defensive portfolio of assets with favorable sector trends.
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Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

A$0.43
Price
A$0.32
GF Value