Golden Ventures Leasehold Real Estate Investment Trust (BKK:GVREIT) Gross Margin %: 73.80% (As of Mar. 2026) — Near Median

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BKK:GVREIT Golden Ventures Leasehold Real Estate Investment Trust BKK:GVREIT
71 GF Score
Price ฿7.95
GF Value ฿6.34
Valuation Modestly Overvalued
! 8 Warning Signs
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What is Golden Ventures Leasehold Real Estate Investment Trust Gross Margin %?

Golden Ventures Leasehold Real Estate Investment Trust BKK:GVREIT -0.62% 71 Gross Margin % is 73.80% as of Mar. 2026, which is 1% above its 10-year median of 72.88. GuruFocus rates BKK:GVREIT with a GF Score™ of 71/100 and a GF Value™ of ฿6.34 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 676 REITs companies, Golden Ventures Leasehold Real Estate Investment Trust ranks better than 56.21% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Golden Ventures Leasehold Real Estate Investment Trust's Gross Profit for the three months ended in Mar. 2026 was ฿205 Mil. Golden Ventures Leasehold Real Estate Investment Trust's Revenue for the three months ended in Mar. 2026 was ฿277 Mil. Therefore, Golden Ventures Leasehold Real Estate Investment Trust's Gross Margin % for the quarter that ended in Mar. 2026 was 73.80%.


The historical rank and industry rank for Golden Ventures Leasehold Real Estate Investment Trust's Gross Margin % or its related term are showing as below:

BKK:GVREIT' s Gross Margin % Range Over the Past 10 Years
Min: 70.2   Med: 72.88   Max: 75.19
Current: 72.68


During the past 10 years, the highest Gross Margin % of Golden Ventures Leasehold Real Estate Investment Trust was 75.19%. The lowest was 70.20%. And the median was 72.88%.

BKK:GVREIT's Gross Margin % is ranked better than
56.21% of 676 companies
in the REITs industry
Industry Median: 69.705 vs BKK:GVREIT: 72.68

Golden Ventures Leasehold Real Estate Investment Trust had a gross margin of 73.80% for the quarter that ended in Mar. 2026 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Golden Ventures Leasehold Real Estate Investment Trust was 0.20% per year.


Golden Ventures Leasehold Real Estate Investment Trust  (BKK:GVREIT) 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

Golden Ventures Leasehold Real Estate Investment Trust had a gross margin of 73.80% 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.


Golden Ventures Leasehold Real Estate Investment Trust Gross Margin % Related Terms


Golden Ventures Leasehold Real Estate Investment Trust Gross Margin % Historical Data

* Premium members only.

The historical data trend for Golden Ventures Leasehold Real Estate Investment Trust'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.

Golden Ventures Leasehold Real Estate Investment Trust Gross Margin % Chart

Golden Ventures Leasehold Real Estate Investment Trust Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 75.19 75.12 72.28 72.56 73.05

Golden Ventures Leasehold Real Estate Investment Trust Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 74.60 74.27 69.13 73.44 73.80

BKK:GVREIT vs BXP, ARE, VNO: Gross Margin % Comparison

For the REIT - Office subindustry, Golden Ventures Leasehold Real Estate Investment Trust'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.


Golden Ventures Leasehold Real Estate Investment Trust Gross Margin % vs REITs Industry

For the REITs industry and Real Estate sector, Golden Ventures Leasehold Real Estate Investment Trust's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Golden Ventures Leasehold Real Estate Investment Trust's Gross Margin % falls into.


BKK:GVREIT
71GF Score
Golden Ventures Leasehold Real Estate Investment Trust BKK:GVREIT
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Golden Ventures Leasehold Real Estate Investment Trust Gross Margin % Calculation

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

Golden Ventures Leasehold Real Estate Investment Trust's Gross Margin for the fiscal year that ended in Sep. 2025 is calculated as

Gross Margin % (A: Sep. 2025 )=Gross Profit (A: Sep. 2025 ) / Revenue (A: Sep. 2025 )
=819.5 / 1121.819
=(Revenue - Cost of Goods Sold) / Revenue
=(1121.819 - 302.314) / 1121.819
=73.05 %

Golden Ventures Leasehold Real Estate Investment Trust's Gross Margin for the quarter that ended in Mar. 2026 is calculated as


Gross Margin % (Q: Mar. 2026 )=Gross Profit (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=204.5 / 277.111
=(Revenue - Cost of Goods Sold) / Revenue
=(277.111 - 72.605) / 277.111
=73.80 %

* 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 73.80% mean?
Golden Ventures Leasehold Real Estate Investment Trust (BKK:GVREIT) has a Gross Margin % of 73.80% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Golden Ventures Leasehold Real Estate Investment Trust and its competitors. This is near median its historical median of 72.88. Over the past decade, Golden Ventures Leasehold Real Estate Investment Trust's Gross Margin % has ranged from 70.20 to 75.19. According to the industry distribution chart, Golden Ventures Leasehold Real Estate Investment Trust ranks #296 out of 676 companies in the REITs industry, placing it in the top 43.8%.
Is Golden Ventures Leasehold Real Estate Investment Trust's Gross Margin % too high?
Golden Ventures Leasehold Real Estate Investment Trust's current Gross Margin % of 73.80% is near median its 10-year median of 72.88. Over the past 10 years, this metric has ranged from a low of 70.20 to a high of 75.19. The REITs industry median Gross Margin % is 69.71. Golden Ventures Leasehold Real Estate Investment Trust's value of 73.80% is 5.9% above this industry median. Based on the distribution chart, Golden Ventures Leasehold Real Estate Investment Trust ranks #296 out of 676 companies in the REITs industry, which is above the industry midpoint. Overall, Golden Ventures Leasehold Real Estate Investment Trust has a GF Score™ of 71/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Golden Ventures Leasehold Real Estate Investment Trust's Gross Margin % compare to BXP and ARE?
According to the REITs industry distribution chart, Golden Ventures Leasehold Real Estate Investment Trust ranks #296 out of 676 companies for Gross Margin %. This puts Golden Ventures Leasehold Real Estate Investment Trust in the upper half of its industry. The industry median Gross Margin % is 69.71. Golden Ventures Leasehold Real Estate Investment Trust's value of 73.80% is 5.9% above this benchmark. Historically, Golden Ventures Leasehold Real Estate Investment Trust's own Gross Margin % has ranged from 70.20 to 75.19 over the past decade. While the company's 10-year median is 72.88 vs. the industry median of 69.71, Golden Ventures Leasehold Real Estate Investment Trust 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. Golden Ventures Leasehold Real Estate Investment Trust's current Gross Margin % of 73.80% is 5.9% 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 Golden Ventures Leasehold Real Estate Investment Trust 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. Golden Ventures Leasehold Real Estate Investment Trust's current Gross Margin % is 73.80%, which is near median its own 10-year median of 72.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Golden Ventures Leasehold Real Estate Investment Trust stock overvalued right now?
Based on GuruFocus' analysis, Golden Ventures Leasehold Real Estate Investment Trust (BKK:GVREIT) is currently considered Modestly Overvalued. The stock's GF Value™ is ฿6.34, compared to a current price of ฿7.95 — trading 25.4% above its estimated fair value. The current Gross Margin % is 73.80%, which is near median its 10-year median of 72.88 and 5.9% above the REITs industry median of 69.71. Golden Ventures Leasehold Real Estate Investment Trust's overall GF Score™ is 71/100 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 Golden Ventures Leasehold Real Estate Investment Trust (BKK:GVREIT), the current Gross Margin % is 73.80% 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 Golden Ventures Leasehold Real Estate Investment Trust (BKK:GVREIT) Overvalued in 2026?

Based on GuruFocus' analysis, Golden Ventures Leasehold Real Estate Investment Trust stock appears to be overvalued. The current stock price of ฿7.95 is trading 25.4% above its estimated GF Value™ of ฿6.34. GuruFocus considers Golden Ventures Leasehold Real Estate Investment Trust to be Modestly Overvalued.

Key valuation signals for BKK:GVREIT:

  • Gross Margin %: 73.80% (near median its 10-year median of 72.88)
  • GF Value™: ฿6.34 vs. price of ฿7.95 (25.4% above fair value)
  • GF Score™: 71/100 with 8 warning signs
  • Industry Position: 5.9% above the REITs median (#296 of 676)

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


Golden Ventures Leasehold Real Estate Investment Trust Business Description

Industry Real EstateREITs
Address 944 Rama 4 Road, 22nd Floor, Mitrtown Office Tower, Wangmai, Pathumwan, Bangkok, THA, 10330
Golden Ventures Leasehold Real Estate Investment Trust operates leasehold properties, focusing on office buildings. The company invests in properties located in Thailand. The Trust's objectives are to raise funds from investors both ordinary and juristic persons, including long-term loans from financial institutions and deposits from rental to invest in 2 projects Park Ventures Ecoplex Project and Sathorn Square Project.
71GF Score

Get the complete analysis for BKK:GVREIT

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

฿7.95
Price
฿6.34
GF Value