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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
Bualuang Office Leasehold REIT had a gross margin of 63.26% for the quarter that ended in Mar. 2026 => 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.
Bualuang Office Leasehold REIT Gross Margin % Related Terms
Bualuang Office Leasehold REIT Gross Margin % Historical Data
* 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.
BKK:B-WORK vs BXP, ARE, VNO: Gross Margin % Comparison
For the REIT - Office subindustry, Bualuang Office Leasehold 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.
Bualuang Office Leasehold REIT Gross Margin % vs REITs Industry
For the REITs industry and Real Estate sector, Bualuang Office Leasehold REIT's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Bualuang Office Leasehold 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.
Bualuang Office Leasehold REIT (BKK:B-WORK) has a Gross Margin % of 63.26% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Bualuang Office Leasehold REIT and its competitors. This is near median its historical median of 61.73. Over the past decade, Bualuang Office Leasehold REIT's Gross Margin % has ranged from 61.28 to 63.64. According to the industry distribution chart, Bualuang Office Leasehold REIT ranks #441 out of 669 companies in the REITs industry, placing it in the top 65.9%.
Is Bualuang Office Leasehold REIT's Gross Margin % too high?
Bualuang Office Leasehold REIT's current Gross Margin % of 63.26% is near median its 10-year median of 61.73. Over the past 10 years, this metric has ranged from a low of 61.28 to a high of 63.64. The REITs industry median Gross Margin % is 69.79. Bualuang Office Leasehold REIT's value of 63.26% is 9.4% below this industry median. Based on the distribution chart, Bualuang Office Leasehold REIT ranks #441 out of 669 companies in the REITs industry, which is below the industry midpoint. Overall, Bualuang Office Leasehold REIT has a GF Score™ of 62/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Bualuang Office Leasehold REIT's Gross Margin % compare to BXP and ARE?
According to the REITs industry distribution chart, Bualuang Office Leasehold REIT ranks #441 out of 669 companies for Gross Margin %. This places Bualuang Office Leasehold REIT in the lower half of its industry. The industry median Gross Margin % is 69.79. Bualuang Office Leasehold REIT's value of 63.26% is 9.4% below this benchmark. Historically, Bualuang Office Leasehold REIT's own Gross Margin % has ranged from 61.28 to 63.64 over the past decade. While the company's 10-year median is 61.73 vs. the industry median of 69.79, Bualuang Office Leasehold REIT 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 a REITs company?
The median Gross Margin % among REITs companies is 69.79, based on 669 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. Bualuang Office Leasehold REIT's current Gross Margin % of 63.26% is 9.4% 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 Bualuang Office Leasehold REIT and its competitors. For the REITs industry, the median Gross Margin % is 69.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bualuang Office Leasehold REIT's current Gross Margin % is 63.26%, which is near median its own 10-year median of 61.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bualuang Office Leasehold REIT stock overvalued right now?
Based on GuruFocus' analysis, Bualuang Office Leasehold REIT (BKK:B-WORK) is currently considered Significantly Overvalued. The stock's GF Value™ is ฿3.89, compared to a current price of ฿6.50 — trading 67.1% above its estimated fair value. The current Gross Margin % is 63.26%, which is near median its 10-year median of 61.73 and 9.4% below the REITs industry median of 69.79. Bualuang Office Leasehold REIT's overall GF Score™ is 62/100 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 Bualuang Office Leasehold REIT (BKK:B-WORK), the current Gross Margin % is 63.26% as of Mar. 2026. 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 Bualuang Office Leasehold REIT (BKK:B-WORK) Overvalued in 2026?
Based on GuruFocus' analysis, Bualuang Office Leasehold REIT stock appears to be overvalued.
The current stock price of ฿6.50 is trading 67.1% above its estimated GF Value™ of ฿3.89.
GuruFocus considers Bualuang Office Leasehold REIT to be Significantly Overvalued.
Key valuation signals for BKK:B-WORK:
Gross Margin %: 63.26% (near median its 10-year median of 61.73)
GF Value™: ฿3.89 vs. price of ฿6.50 (67.1% above fair value)
Industry Position: 9.4% below the REITs median (#441 of 669)
No single metric tells the full story. See the BKK:B-WORK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Bualuang Office Leasehold REIT is an investment company. The Trust's objectives are to raise funds from investors and use funds to invest in the leasehold properties by lease and/ or sublease under 2 projects as follows: 1. True Tower 1 Project and 2. True Tower 2 Project. The Trust's main operations are derived from rental and service income from investing in properties and leasehold rights, seeking the benefits from properties, and properties for rent. The Trust has only one geographical segment that operates only in Thailand.
62GF Score
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