Thailand Prime Property Freehold And Leasehold REIT (BKK:TPRIME) Gross Margin %: 71.34% (As of Mar. 2026) — Near Median


BKK:TPRIME Thailand Prime Property Freehold And Leasehold REIT BKK:TPRIME
79 GF Score
Price ฿7.75
GF Value ฿7.11
Valuation Fairly Valued
! 10 Warning Signs
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What is Thailand Prime Property Freehold And Leasehold REIT Gross Margin %?

Thailand Prime Property Freehold And Leasehold REIT BKK:TPRIME 79 Gross Margin % is 71.34% as of Mar. 2026, which is 8% above its 10-year median of 65.98. GuruFocus rates BKK:TPRIME with a GF Score™ of 79/100 and a GF Value™ of ฿7.11 (Fairly Valued). The stock has 10 warning signs investors should review. Among 680 REITs companies, Thailand Prime Property Freehold And Leasehold REIT ranks worse than 55.74% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Thailand Prime Property Freehold And Leasehold REIT's Gross Profit for the three months ended in Mar. 2026 was ฿139.3 Mil. Thailand Prime Property Freehold And Leasehold REIT's Revenue for the three months ended in Mar. 2026 was ฿195.3 Mil. Therefore, Thailand Prime Property Freehold And Leasehold REIT's Gross Margin % for the quarter that ended in Mar. 2026 was 71.34%.

Warning Sign:

Thailand Prime Property Freehold And Leasehold REIT gross margin has been in long-term decline. The average rate of decline per year is -2%.


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

BKK:TPRIME' s Gross Margin % Range Over the Past 10 Years
Min: 58.09   Med: 65.98   Max: 74.84
Current: 67.06


During the past 10 years, the highest Gross Margin % of Thailand Prime Property Freehold And Leasehold REIT was 74.84%. The lowest was 58.09%. And the median was 65.98%.

BKK:TPRIME's Gross Margin % is ranked worse than
55.74% of 680 companies
in the REITs industry
Industry Median: 69.61 vs BKK:TPRIME: 67.06

Thailand Prime Property Freehold And Leasehold REIT had a gross margin of 71.34% for the quarter that ended in Mar. 2026 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Thailand Prime Property Freehold And Leasehold REIT was -2.00% per year.


Thailand Prime Property Freehold And Leasehold REIT  (BKK:TPRIME) 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

Thailand Prime Property Freehold And Leasehold REIT had a gross margin of 71.34% 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.


Thailand Prime Property Freehold And Leasehold REIT Gross Margin % Related Terms


Thailand Prime Property Freehold And Leasehold REIT Gross Margin % Historical Data

* Premium members only.

The historical data trend for Thailand Prime Property 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.

Thailand Prime Property Freehold And Leasehold REIT Gross Margin % Chart

Thailand Prime Property Freehold And Leasehold REIT Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 69.14 64.36 65.99 65.96 66.34

Thailand Prime Property Freehold And Leasehold REIT 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 68.53 62.46 68.79 65.73 71.34

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

For the REIT - Office subindustry, Thailand Prime Property 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.


Thailand Prime Property Freehold And Leasehold REIT Gross Margin % vs REITs Industry

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

* The bar in red indicates where Thailand Prime Property Freehold And Leasehold REIT's Gross Margin % falls into.


BKK:TPRIME
79GF Score
Thailand Prime Property Freehold And Leasehold REIT BKK:TPRIME
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Thailand Prime Property Freehold And Leasehold REIT Gross Margin % Calculation

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

Thailand Prime Property 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 )
=514.5 / 775.595
=(Revenue - Cost of Goods Sold) / Revenue
=(775.595 - 261.063) / 775.595
=66.34 %

Thailand Prime Property 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 )
=139.3 / 195.279
=(Revenue - Cost of Goods Sold) / Revenue
=(195.279 - 55.974) / 195.279
=71.34 %

* 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 71.34% mean?
Thailand Prime Property Freehold And Leasehold REIT (BKK:TPRIME) has a Gross Margin % of 71.34% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Thailand Prime Property Freehold And Leasehold REIT and its competitors. This is near median its historical median of 65.98. Over the past decade, Thailand Prime Property Freehold And Leasehold REIT's Gross Margin % has ranged from 58.09 to 74.84. According to the industry distribution chart, Thailand Prime Property Freehold And Leasehold REIT ranks #379 out of 680 companies in the REITs industry, placing it in the top 55.7%.
Is Thailand Prime Property Freehold And Leasehold REIT's Gross Margin % too high?
Thailand Prime Property Freehold And Leasehold REIT's current Gross Margin % of 71.34% is near median its 10-year median of 65.98. Over the past 10 years, this metric has ranged from a low of 58.09 to a high of 74.84. The REITs industry median Gross Margin % is 69.61. Thailand Prime Property Freehold And Leasehold REIT's value of 71.34% is 2.5% above this industry median. Based on the distribution chart, Thailand Prime Property Freehold And Leasehold REIT ranks #379 out of 680 companies in the REITs industry, which is below the industry midpoint. Overall, Thailand Prime Property Freehold And Leasehold REIT has a GF Score™ of 79/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Thailand Prime Property Freehold And Leasehold REIT's Gross Margin % compare to BXP and ARE?
According to the REITs industry distribution chart, Thailand Prime Property Freehold And Leasehold REIT ranks #379 out of 680 companies for Gross Margin %. This places Thailand Prime Property Freehold And Leasehold REIT in the lower half of its industry. The industry median Gross Margin % is 69.61. Thailand Prime Property Freehold And Leasehold REIT's value of 71.34% is 2.5% above this benchmark. Historically, Thailand Prime Property Freehold And Leasehold REIT's own Gross Margin % has ranged from 58.09 to 74.84 over the past decade. While the company's 10-year median is 65.98 vs. the industry median of 69.61, Thailand Prime Property 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 69.61, 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. Thailand Prime Property Freehold And Leasehold REIT's current Gross Margin % of 71.34% is 2.5% 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 Thailand Prime Property Freehold And Leasehold REIT and its competitors. For the REITs industry, the median Gross Margin % is 69.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thailand Prime Property Freehold And Leasehold REIT's current Gross Margin % is 71.34%, which is near median its own 10-year median of 65.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thailand Prime Property Freehold And Leasehold REIT stock overvalued right now?
Based on GuruFocus' analysis, Thailand Prime Property Freehold And Leasehold REIT (BKK:TPRIME) is currently considered Fairly Valued. The stock's GF Value™ is ฿7.11, compared to a current price of ฿7.75 — trading 9% above its estimated fair value. The current Gross Margin % is 71.34%, which is near median its 10-year median of 65.98 and 2.5% above the REITs industry median of 69.61. Thailand Prime Property Freehold And Leasehold REIT's overall GF Score™ is 79/100 with 10 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 Thailand Prime Property Freehold And Leasehold REIT (BKK:TPRIME), the current Gross Margin % is 71.34% 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 Thailand Prime Property Freehold And Leasehold REIT (BKK:TPRIME) Overvalued in 2026?

Based on GuruFocus' analysis, Thailand Prime Property Freehold And Leasehold REIT stock appears to be overvalued. The current stock price of ฿7.75 is trading 9% above its estimated GF Value™ of ฿7.11. GuruFocus considers Thailand Prime Property Freehold And Leasehold REIT to be Fairly Valued.

Key valuation signals for BKK:TPRIME:

  • Gross Margin %: 71.34% (near median its 10-year median of 65.98)
  • GF Value™: ฿7.11 vs. price of ฿7.75 (9% above fair value)
  • GF Score™: 79/100 with 10 warning signs
  • Industry Position: 2.5% above the REITs median (#379 of 680)

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


Thailand Prime Property Freehold And Leasehold REIT Business Description

Industry Real EstateREITs
Address Unit 3903, Sukhumvit Road, 388 Exchange Tower, 39th Floor, Khlong Toei District, Bangkok, THA, 10110
Thailand Prime Property Freehold And Leasehold REIT operates as a closed-end real estate investment company. The trust's objectives are to mobilize funds raised from investors and loans from financial institutions to invest in leasehold rights to land and Mercury Tower and invest in the shares of Exchange Tower.
79GF Score

Get the complete analysis for BKK:TPRIME

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

฿7.75
Price
฿7.11
GF Value