US Masters Residential Property Fund (ASX:URF) Gross Margin %: 263.92% (As of Dec. 2025) — 446% Above Median


ASX:URF US Masters Residential Property Fund ASX:URF
33 GF Score
Price A$0.15
GF Value A$0.13
Valuation Modestly Overvalued
! 7 Warning Signs
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What is US Masters Residential Property Fund Gross Margin %?

US Masters Residential Property Fund ASX:URF +5.17% 33 Gross Margin % is 263.92% as of Dec. 2025, which is 446% above its 10-year median of 48.36. GuruFocus rates ASX:URF with a GF Score™ of 33/100 and a GF Value™ of A$0.13 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 682 REITs companies, US Masters Residential Property Fund ranks worse than 93.26% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. US Masters Residential Property Fund's Gross Profit for the six months ended in Dec. 2025 was A$15.66 Mil. US Masters Residential Property Fund's Revenue for the six months ended in Dec. 2025 was A$5.93 Mil. Therefore, US Masters Residential Property Fund's Gross Margin % for the quarter that ended in Dec. 2025 was 263.92%.

Warning Sign:

US Masters Residential Property Fund gross margin has been in long-term decline. The average rate of decline per year is -12.6%.


The historical rank and industry rank for US Masters Residential Property Fund's Gross Margin % or its related term are showing as below:

ASX:URF' s Gross Margin % Range Over the Past 10 Years
Min: -67.25   Med: 48.36   Max: 68
Current: 29.41


During the past 13 years, the highest Gross Margin % of US Masters Residential Property Fund was 68.00%. The lowest was -67.25%. And the median was 48.36%.

ASX:URF's Gross Margin % is ranked worse than
93.26% of 682 companies
in the REITs industry
Industry Median: 69.705 vs ASX:URF: 29.41

US Masters Residential Property Fund had a gross margin of 263.92% for the quarter that ended in Dec. 2025 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for US Masters Residential Property Fund was -12.60% per year.


US Masters Residential Property Fund  (ASX:URF) 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

US Masters Residential Property Fund had a gross margin of 263.92% 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.


US Masters Residential Property Fund Gross Margin % Related Terms


US Masters Residential Property Fund Gross Margin % Historical Data

* Premium members only.

The historical data trend for US Masters Residential 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.

US Masters Residential Property Fund Gross Margin % Chart

US Masters Residential Property Fund Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 68.00 65.90 58.64 47.01 29.41

US Masters Residential Property 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 72.69 23.38 76.72 -84.82 263.92

ASX:URF vs AVB, EQR, ESS: Gross Margin % Comparison

For the REIT - Residential subindustry, US Masters Residential 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.


US Masters Residential Property Fund Gross Margin % vs REITs Industry

For the REITs industry and Real Estate sector, US Masters Residential Property Fund's Gross Margin % distribution charts can be found below:

* The bar in red indicates where US Masters Residential Property Fund's Gross Margin % falls into.


ASX:URF
33GF Score
US Masters Residential Property Fund ASX:URF
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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US Masters Residential Property Fund Gross Margin % Calculation

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

US Masters Residential Property Fund's Gross Margin for the fiscal year that ended in Dec. 2025 is calculated as

Gross Margin % (A: Dec. 2025 )=Gross Profit (A: Dec. 2025 ) / Revenue (A: Dec. 2025 )
=5.3 / 18.116
=(Revenue - Cost of Goods Sold) / Revenue
=(18.116 - 12.788) / 18.116
=29.41 %

US Masters Residential 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 )
=15.7 / 5.934
=(Revenue - Cost of Goods Sold) / Revenue
=(5.934 - -9.727) / 5.934
=263.92 %

* 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 263.92% mean?
US Masters Residential Property Fund (ASX:URF) has a Gross Margin % of 263.92% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on US Masters Residential Property Fund and its competitors. This is 446% above median its historical median of 48.36. According to the industry distribution chart, US Masters Residential Property Fund ranks #636 out of 682 companies in the REITs industry, placing it in the top 93.3%.
Is US Masters Residential Property Fund's Gross Margin % too high?
US Masters Residential Property Fund's current Gross Margin % of 263.92% is 446% above median its 10-year median of 48.36. The REITs industry median Gross Margin % is 69.71. US Masters Residential Property Fund's value of 263.92% is 278.6% above this industry median. Based on the distribution chart, US Masters Residential Property Fund ranks #636 out of 682 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, US Masters Residential Property Fund has a GF Score™ of 33/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does US Masters Residential Property Fund's Gross Margin % compare to AVB and EQR?
According to the REITs industry distribution chart, US Masters Residential Property Fund ranks #636 out of 682 companies for Gross Margin %. This places US Masters Residential Property Fund in the lower half of its industry. The industry median Gross Margin % is 69.71. US Masters Residential Property Fund's value of 263.92% is 278.6% above this benchmark. While the company's 10-year median is 48.36 vs. the industry median of 69.71, US Masters Residential Property Fund 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. US Masters Residential Property Fund's current Gross Margin % of 263.92% is 278.6% 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 US Masters Residential Property Fund 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. US Masters Residential Property Fund's current Gross Margin % is 263.92%, which is 446% above median its own 10-year median of 48.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is US Masters Residential Property Fund stock overvalued right now?
Based on GuruFocus' analysis, US Masters Residential Property Fund (ASX:URF) is currently considered Modestly Overvalued. The stock's GF Value™ is A$0.13, compared to a current price of A$0.15 — trading 17.3% above its estimated fair value. The current Gross Margin % is 263.92%, which is 446% above median its 10-year median of 48.36 and 278.6% above the REITs industry median of 69.71. US Masters Residential Property Fund's overall GF Score™ is 33/100 with 7 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 US Masters Residential Property Fund (ASX:URF), the current Gross Margin % is 263.92% 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 US Masters Residential Property Fund (ASX:URF) Overvalued in 2026?

Based on GuruFocus' analysis, US Masters Residential Property Fund stock appears to be overvalued. The current stock price of A$0.15 is trading 17.3% above its estimated GF Value™ of A$0.13. GuruFocus considers US Masters Residential Property Fund to be Modestly Overvalued.

Key valuation signals for ASX:URF:

  • Gross Margin %: 263.92% (446% above median its 10-year median of 48.36)
  • GF Value™: A$0.13 vs. price of A$0.15 (17.3% above fair value)
  • GF Score™: 33/100 with 7 warning signs
  • Industry Position: 278.6% above the REITs median (#636 of 682)

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


US Masters Residential Property Fund Business Description

Industry Real EstateREITs
Address 1 Denison Street, Level 17, Sydney, NSW, AUS, 2060
US Masters Residential Property Fund invests in the United States residential property market. The Group operates in a single operating segment, being in the business of investing in residential real estate assets associated with the New York metropolitan area in the United States of America.
33GF Score

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

A$0.15
Price
A$0.13
GF Value