Hydrogen Freehold and Leasehold REIT (BKK:HYDROGEN) Gross Margin %: 78.52% (As of Mar. 2026) — Near Median

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BKK:HYDROGEN Hydrogen Freehold and Leasehold REIT BKK:HYDROGEN
57 GF Score
Price ฿8.20
GF Value ฿9.93
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Hydrogen Freehold and Leasehold REIT Gross Margin %?

Hydrogen Freehold and Leasehold REIT BKK:HYDROGEN 57 Gross Margin % is 78.52% as of Mar. 2026, which is 2% below its 10-year median of 80.07. GuruFocus rates BKK:HYDROGEN with a GF Score™ of 57/100 and a GF Value™ of ฿9.93 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 670 REITs companies, Hydrogen Freehold and Leasehold REIT ranks better than 56.72% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Hydrogen Freehold and Leasehold REIT's Gross Profit for the three months ended in Mar. 2026 was ฿45.3 Mil. Hydrogen Freehold and Leasehold REIT's Revenue for the three months ended in Mar. 2026 was ฿57.7 Mil. Therefore, Hydrogen Freehold and Leasehold REIT's Gross Margin % for the quarter that ended in Mar. 2026 was 78.52%.


The historical rank and industry rank for Hydrogen Freehold and Leasehold REIT's Gross Margin % or its related term are showing as below:

BKK:HYDROGEN' s Gross Margin % Range Over the Past 10 Years
Min: 72.79   Med: 80.07   Max: 80.67
Current: 72.79


During the past 4 years, the highest Gross Margin % of Hydrogen Freehold and Leasehold REIT was 80.67%. The lowest was 72.79%. And the median was 80.07%.

BKK:HYDROGEN's Gross Margin % is ranked better than
56.72% of 670 companies
in the REITs industry
Industry Median: 69.8 vs BKK:HYDROGEN: 72.79

Hydrogen Freehold and Leasehold REIT had a gross margin of 78.52% for the quarter that ended in Mar. 2026 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Hydrogen Freehold and Leasehold REIT was 0.00% per year.


Hydrogen Freehold and Leasehold REIT  (BKK:HYDROGEN) 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

Hydrogen Freehold and Leasehold REIT had a gross margin of 78.52% 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.


Hydrogen Freehold and Leasehold REIT Gross Margin % Related Terms


Hydrogen Freehold and Leasehold REIT Gross Margin % Historical Data

* Premium members only.

The historical data trend for Hydrogen Freehold and Leasehold REIT'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.

Hydrogen Freehold and Leasehold REIT Gross Margin % Chart

Hydrogen Freehold and Leasehold REIT Annual Data
Trend Dec22 Dec23 Dec24 Dec25
Gross Margin %
80.67 80.09 80.04 73.62

Hydrogen Freehold and Leasehold REIT Quarterly Data
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 81.84 81.22 80.19 48.73 78.52

BKK:HYDROGEN vs VICI, WPC, BNL: Gross Margin % Comparison

For the REIT - Diversified subindustry, Hydrogen Freehold and 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.


Hydrogen Freehold and Leasehold REIT Gross Margin % vs REITs Industry

For the REITs industry and Real Estate sector, Hydrogen Freehold and Leasehold REIT's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Hydrogen Freehold and Leasehold REIT's Gross Margin % falls into.


BKK:HYDROGEN
57GF Score
Hydrogen Freehold and Leasehold REIT BKK:HYDROGEN
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hydrogen Freehold and Leasehold REIT Gross Margin % Calculation

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

Hydrogen Freehold and Leasehold REIT'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 )
=164 / 222.795
=(Revenue - Cost of Goods Sold) / Revenue
=(222.795 - 58.773) / 222.795
=73.62 %

Hydrogen Freehold and Leasehold REIT'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 )
=45.3 / 57.683
=(Revenue - Cost of Goods Sold) / Revenue
=(57.683 - 12.39) / 57.683
=78.52 %

* 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 78.52% mean?
Hydrogen Freehold and Leasehold REIT (BKK:HYDROGEN) has a Gross Margin % of 78.52% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Hydrogen Freehold and Leasehold REIT and its competitors. This is near median its historical median of 80.07. Over the past decade, Hydrogen Freehold and Leasehold REIT's Gross Margin % has ranged from 72.79 to 80.67. According to the industry distribution chart, Hydrogen Freehold and Leasehold REIT ranks #290 out of 670 companies in the REITs industry, placing it in the top 43.3%.
Is Hydrogen Freehold and Leasehold REIT's Gross Margin % too high?
Hydrogen Freehold and Leasehold REIT's current Gross Margin % of 78.52% is near median its 10-year median of 80.07. Over the past 10 years, this metric has ranged from a low of 72.79 to a high of 80.67. The REITs industry median Gross Margin % is 69.80. Hydrogen Freehold and Leasehold REIT's value of 78.52% is 12.5% above this industry median. Based on the distribution chart, Hydrogen Freehold and Leasehold REIT ranks #290 out of 670 companies in the REITs industry, which is above the industry midpoint. Overall, Hydrogen Freehold and Leasehold REIT has a GF Score™ of 57/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hydrogen Freehold and Leasehold REIT's Gross Margin % compare to VICI and WPC?
According to the REITs industry distribution chart, Hydrogen Freehold and Leasehold REIT ranks #290 out of 670 companies for Gross Margin %. This puts Hydrogen Freehold and Leasehold REIT in the upper half of its industry. The industry median Gross Margin % is 69.80. Hydrogen Freehold and Leasehold REIT's value of 78.52% is 12.5% above this benchmark. Historically, Hydrogen Freehold and Leasehold REIT's own Gross Margin % has ranged from 72.79 to 80.67 over the past decade. While the company's 10-year median is 80.07 vs. the industry median of 69.80, Hydrogen Freehold and 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 69.80, based on 670 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. Hydrogen Freehold and Leasehold REIT's current Gross Margin % of 78.52% is 12.5% 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 Hydrogen Freehold and Leasehold REIT and its competitors. For the REITs industry, the median Gross Margin % is 69.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hydrogen Freehold and Leasehold REIT's current Gross Margin % is 78.52%, which is near median its own 10-year median of 80.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hydrogen Freehold and Leasehold REIT stock overvalued right now?
Based on GuruFocus' analysis, Hydrogen Freehold and Leasehold REIT (BKK:HYDROGEN) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿9.93, compared to a current price of ฿8.20 — trading 17.4% below its estimated fair value. The current Gross Margin % is 78.52%, which is near median its 10-year median of 80.07 and 12.5% above the REITs industry median of 69.80. Hydrogen Freehold and Leasehold REIT's overall GF Score™ is 57/100 with 4 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 Hydrogen Freehold and Leasehold REIT (BKK:HYDROGEN), the current Gross Margin % is 78.52% 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 Hydrogen Freehold and Leasehold REIT (BKK:HYDROGEN) Overvalued in 2026?

Based on GuruFocus' analysis, Hydrogen Freehold and Leasehold REIT stock appears to be undervalued. The current stock price of ฿8.20 is trading 17.4% below its estimated GF Value™ of ฿9.93. GuruFocus considers Hydrogen Freehold and Leasehold REIT to be Modestly Undervalued.

Key valuation signals for BKK:HYDROGEN:

  • Gross Margin %: 78.52% (near median its 10-year median of 80.07)
  • GF Value™: ฿9.93 vs. price of ฿8.20 (17.4% below fair value)
  • GF Score™: 57/100 with 4 warning signs
  • Industry Position: 12.5% above the REITs median (#290 of 670)

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


Hydrogen Freehold and Leasehold REIT Business Description

Industry Real EstateREITs
Address No. 989, Rama 3 Road, Bangpongpang Sub-district, Yannawa District, Bangkok, THA, 10120
Hydrogen Freehold and Leasehold REIT is a close-ended trust that invests in the freehold rights, the leasehold and sub-leasehold rights over parts of land, factory, warehouse, and moveable properties of Saha Group Industrial Park - Kabinburi; Saha Group Industrial Park - Mae Sot, Saha Group Industrial Park - Sriracha, and Tiger Suvarnabhumi Distribution Center - Lat Krabang.
57GF Score

Get the complete analysis for BKK:HYDROGEN

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

฿8.20
Price
฿9.93
GF Value