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Trinity Freehold And Leasehold Property Fund (BKK:TNPF-F) 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
Trinity Freehold And Leasehold Property Fund had a gross margin of 81.89% 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.
Trinity Freehold And Leasehold Property Fund Gross Margin % Related Terms
Trinity Freehold And Leasehold Property Fund 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.
Trinity Freehold And Leasehold Property Fund Gross Margin % Chart
Trinity Freehold And Leasehold Property Fund Annual Data
BKK:TNPF-F vs SPG, O, KIM: Gross Margin % Comparison
For the REIT - Retail subindustry, Trinity Freehold And Leasehold Property Fund'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.
Trinity Freehold And Leasehold Property Fund 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.
Trinity Freehold And Leasehold Property Fund (BKK:TNPF-F) has a Gross Margin % of 81.89% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Trinity Freehold And Leasehold Property Fund and its competitors. This is near median its historical median of 80.51.
Is Trinity Freehold And Leasehold Property Fund's Gross Margin % too high?
Trinity Freehold And Leasehold Property Fund's current Gross Margin % of 81.89% is near median its 10-year median of 80.51. The REITs industry median Gross Margin % is 69.71. Trinity Freehold And Leasehold Property Fund's value of 81.89% is 17.5% above this industry median. Overall, Trinity Freehold And Leasehold Property Fund has a GF Score™ of 57/100, reflecting its overall financial health beyond just this single metric.
How does Trinity Freehold And Leasehold Property Fund's Gross Margin % compare to SPG and O?
Trinity Freehold And Leasehold Property Fund's Gross Margin % of 81.89% can be compared against companies in the REITs industry. The industry median Gross Margin % is 69.71. Trinity Freehold And Leasehold Property Fund's value of 81.89% is 17.5% above this benchmark. While the company's 10-year median is 80.51 vs. the industry median of 69.71, Trinity Freehold And Leasehold Property Fund 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 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. Trinity Freehold And Leasehold Property Fund's current Gross Margin % of 81.89% is 17.5% 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 Trinity Freehold And Leasehold Property Fund 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. Trinity Freehold And Leasehold Property Fund's current Gross Margin % is 81.89%, which is near median its own 10-year median of 80.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Trinity Freehold And Leasehold Property Fund stock overvalued right now?
Trinity Freehold And Leasehold Property Fund (BKK:TNPF-F) has a current Gross Margin % of 81.89%. The stock's GF Value™ is ฿2.71, compared to a current price of ฿1.96 — trading 27.7% below its estimated fair value. The current Gross Margin % is 81.89%, which is near median its 10-year median of 80.51 and 17.5% above the REITs industry median of 69.71. Trinity Freehold And Leasehold Property Fund'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 Trinity Freehold And Leasehold Property Fund (BKK:TNPF-F), the current Gross Margin % is 81.89% 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 Trinity Freehold And Leasehold Property Fund (BKK:TNPF-F) Overvalued in 2026?
Based on GuruFocus' analysis, Trinity Freehold And Leasehold Property Fund stock appears to be undervalued.
The current stock price of ฿1.96 is trading 27.7% below its estimated GF Value™ of ฿2.71.
Key valuation signals for BKK:TNPF-F:
Gross Margin %: 81.89% (near median its 10-year median of 80.51)
GF Value™: ฿2.71 vs. price of ฿1.96 (27.7% below fair value)
No single metric tells the full story. See the BKK:TNPF-F stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Trinity Freehold And Leasehold Property Fund engages in real estate investments. The objective of the Fund is to raise funds from general investors, both local and foreign individual and juristic person. The fund will use such funds to purchase, lease and/or sub-lease immovable property. Its property portfolio includes serviced apartment, hotel and shopping center.
57GF Score
Get the complete analysis for BKK:TNPF-F
Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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