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Frasers Property Thailand Industrial Freehold & Leasehold REIT gross margin has been in long-term decline. The average rate of decline per year is -1.3%.
BKK:FTREIT's Gross Margin % is ranked better than 66.12% of 676
companies
in the REITs industry
Industry Median: 69.705
vs BKK:FTREIT: 77.66
Frasers Property Thailand Industrial Freehold & Leasehold REIT had a gross margin of 79.04% for the quarter that ended in Mar. 2026 => Durable competitive advantage
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
Frasers Property Thailand Industrial Freehold & Leasehold REIT had a gross margin of 79.04% 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.
* 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.
* 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.
Frasers Property Thailand Industrial Freehold & Leasehold REIT Gross Margin % vs REITs Industry
* 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.
Frasers Property Thailand Industrial Freehold & Leasehold REIT (BKK:FTREIT) has a Gross Margin % of 79.04% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Frasers Property Thailand Industrial Freehold & Leasehold REIT and its competitors. This is near median its historical median of 79.90. Over the past decade, Frasers Property Thailand Industrial Freehold & Leasehold REIT's Gross Margin % has ranged from 74.47 to 89.44. According to the industry distribution chart, Frasers Property Thailand Industrial Freehold & Leasehold REIT ranks #229 out of 676 companies in the REITs industry, placing it in the top 33.9%.
Is Frasers Property Thailand Industrial Freehold & Leasehold REIT's Gross Margin % too high?
Frasers Property Thailand Industrial Freehold & Leasehold REIT's current Gross Margin % of 79.04% is near median its 10-year median of 79.90. Over the past 10 years, this metric has ranged from a low of 74.47 to a high of 89.44. The REITs industry median Gross Margin % is 69.71. Frasers Property Thailand Industrial Freehold & Leasehold REIT's value of 79.04% is 13.4% above this industry median. Based on the distribution chart, Frasers Property Thailand Industrial Freehold & Leasehold REIT ranks #229 out of 676 companies in the REITs industry, which is above the industry midpoint. Overall, Frasers Property Thailand Industrial Freehold & Leasehold REIT has a GF Score™ of 75/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Frasers Property Thailand Industrial Freehold & Leasehold REIT's Gross Margin % compare to PLD and PSA?
According to the REITs industry distribution chart, Frasers Property Thailand Industrial Freehold & Leasehold REIT ranks #229 out of 676 companies for Gross Margin %. This puts Frasers Property Thailand Industrial Freehold & Leasehold REIT in the upper half of its industry. The industry median Gross Margin % is 69.71. Frasers Property Thailand Industrial Freehold & Leasehold REIT's value of 79.04% is 13.4% above this benchmark. Historically, Frasers Property Thailand Industrial Freehold & Leasehold REIT's own Gross Margin % has ranged from 74.47 to 89.44 over the past decade. While the company's 10-year median is 79.90 vs. the industry median of 69.71, Frasers Property Thailand Industrial Freehold & Leasehold 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 676 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. Frasers Property Thailand Industrial Freehold & Leasehold REIT's current Gross Margin % of 79.04% is 13.4% 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 Frasers Property Thailand Industrial Freehold & Leasehold 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. Frasers Property Thailand Industrial Freehold & Leasehold REIT's current Gross Margin % is 79.04%, which is near median its own 10-year median of 79.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Frasers Property Thailand Industrial Freehold & Leasehold REIT stock overvalued right now?
Based on GuruFocus' analysis, Frasers Property Thailand Industrial Freehold & Leasehold REIT (BKK:FTREIT) is currently considered Modestly Overvalued. The stock's GF Value™ is ฿11.02, compared to a current price of ฿12.50 — trading 13.4% above its estimated fair value. The current Gross Margin % is 79.04%, which is near median its 10-year median of 79.90 and 13.4% above the REITs industry median of 69.71. Frasers Property Thailand Industrial Freehold & Leasehold REIT's overall GF Score™ is 75/100 with 12 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 Frasers Property Thailand Industrial Freehold & Leasehold REIT (BKK:FTREIT), the current Gross Margin % is 79.04% 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 Frasers Property Thailand Industrial Freehold & Leasehold REIT (BKK:FTREIT) Overvalued in 2026?
Based on GuruFocus' analysis, Frasers Property Thailand Industrial Freehold & Leasehold REIT stock appears to be overvalued.
The current stock price of ฿12.50 is trading 13.4% above its estimated GF Value™ of ฿11.02.
GuruFocus considers Frasers Property Thailand Industrial Freehold & Leasehold REIT to be Modestly Overvalued.
Key valuation signals for BKK:FTREIT:
Gross Margin %: 79.04% (near median its 10-year median of 79.90)
GF Value™: ฿11.02 vs. price of ฿12.50 (13.4% above fair value)
Industry Position: 13.4% above the REITs median (#229 of 676)
No single metric tells the full story. See the BKK:FTREIT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Frasers Property Thailand Industrial Freehold & Leasehold REIT Business Description
Frasers Property Thailand Industrial Freehold & Leasehold REIT invests in high-quality industrial and logistics properties. Its portfolio includes domestic factories, warehouses, and industrial and logistics properties which can generate high returns. The trust's objectives are to raise funds from general investors and to use the proceeds from such fundraising to acquire, lease, and/or sub-lease immovable properties. Its reportable operating segment is to provide the rental of immovable properties. Geographically, the trust's operation is carried on only in Thailand.
75GF Score
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