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S Prime Growth Leasehold REIT (BKK:SPRIME) 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
S Prime Growth Leasehold REIT had a gross margin of 69.76% 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.
S Prime Growth Leasehold REIT Gross Margin % Related Terms
S Prime Growth 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.
S Prime Growth Leasehold REIT Gross Margin % Chart
BKK:SPRIME vs VICI, WPC, BNL: Gross Margin % Comparison
For the REIT - Diversified subindustry, S Prime Growth 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.
S Prime Growth Leasehold REIT Gross Margin % vs REITs Industry
For the REITs industry and Real Estate sector, S Prime Growth Leasehold REIT's Gross Margin % distribution charts can be found below:
* The bar in red indicates where S Prime Growth 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.
S Prime Growth Leasehold REIT (BKK:SPRIME) has a Gross Margin % of 69.76% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on S Prime Growth Leasehold REIT and its competitors. This is near median its historical median of 66.51. Over the past decade, S Prime Growth Leasehold REIT's Gross Margin % has ranged from 63.13 to 67.91. According to the industry distribution chart, S Prime Growth Leasehold REIT ranks #385 out of 680 companies in the REITs industry, placing it in the top 56.6%.
Is S Prime Growth Leasehold REIT's Gross Margin % too high?
S Prime Growth Leasehold REIT's current Gross Margin % of 69.76% is near median its 10-year median of 66.51. Over the past 10 years, this metric has ranged from a low of 63.13 to a high of 67.91. The REITs industry median Gross Margin % is 69.96. S Prime Growth Leasehold REIT's value of 69.76% is 0.3% below this industry median. Based on the distribution chart, S Prime Growth Leasehold REIT ranks #385 out of 680 companies in the REITs industry, which is below the industry midpoint. Overall, S Prime Growth Leasehold REIT has a GF Score™ of 72/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does S Prime Growth Leasehold REIT's Gross Margin % compare to VICI and WPC?
According to the REITs industry distribution chart, S Prime Growth Leasehold REIT ranks #385 out of 680 companies for Gross Margin %. This places S Prime Growth Leasehold REIT in the lower half of its industry. The industry median Gross Margin % is 69.96. S Prime Growth Leasehold REIT's value of 69.76% is 0.3% below this benchmark. Historically, S Prime Growth Leasehold REIT's own Gross Margin % has ranged from 63.13 to 67.91 over the past decade. While the company's 10-year median is 66.51 vs. the industry median of 69.96, S Prime Growth 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 69.96, based on 680 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. S Prime Growth Leasehold REIT's current Gross Margin % of 69.76% is 0.3% 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 S Prime Growth Leasehold REIT and its competitors. For the REITs industry, the median Gross Margin % is 69.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. S Prime Growth Leasehold REIT's current Gross Margin % is 69.76%, which is near median its own 10-year median of 66.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is S Prime Growth Leasehold REIT stock overvalued right now?
Based on GuruFocus' analysis, S Prime Growth Leasehold REIT (BKK:SPRIME) is currently considered Modestly Overvalued. The stock's GF Value™ is ฿3.73, compared to a current price of ฿4.16 — trading 11.5% above its estimated fair value. The current Gross Margin % is 69.76%, which is near median its 10-year median of 66.51 and 0.3% below the REITs industry median of 69.96. S Prime Growth Leasehold REIT's overall GF Score™ is 72/100 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 S Prime Growth Leasehold REIT (BKK:SPRIME), the current Gross Margin % is 69.76% 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 S Prime Growth Leasehold REIT (BKK:SPRIME) Overvalued in 2026?
Based on GuruFocus' analysis, S Prime Growth Leasehold REIT stock appears to be overvalued.
The current stock price of ฿4.16 is trading 11.5% above its estimated GF Value™ of ฿3.73.
GuruFocus considers S Prime Growth Leasehold REIT to be Modestly Overvalued.
Key valuation signals for BKK:SPRIME:
Gross Margin %: 69.76% (near median its 10-year median of 66.51)
GF Value™: ฿3.73 vs. price of ฿4.16 (11.5% above fair value)
Industry Position: 0.3% below the REITs median (#385 of 680)
No single metric tells the full story. See the BKK:SPRIME stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
S Prime Growth Leasehold REIT Business Description
S Prime Growth Leasehold REIT is engaged in investing mostly in property or property leasehold rights and generating benefits from such properties for the benefit of the property, and creating revenue and return for the Trust and the unitholders. It mainly invests in the right to lease certain land plots and office spaces, conference spaces, common areas, parking areas, and building systems of Suntowers Complex for a specific term of years. The Trust operates in a single reportable operating segment, which is the investment in leasehold rights on properties, and the sole geographical area of its operations is Thailand.
72GF Score
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