WHA Premium Growth Freehold and Leasehold Real Estate Investment Trust (BKK:WHART) Gross Margin %: 92.14% (As of Mar. 2026) — Near Median


BKK:WHART WHA Premium Growth Freehold and Leasehold Real Estate Investment Trust BKK:WHART
76 GF Score
Price ฿10.90
GF Value ฿9.95
Valuation Fairly Valued
! 8 Warning Signs
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What is WHA Premium Growth Freehold and Leasehold Real Estate Investment Trust Gross Margin %?

WHA Premium Growth Freehold and Leasehold Real Estate Investment Trust BKK:WHART +1.87% 76 Gross Margin % is 92.14% as of Mar. 2026, which is 2% above its 10-year median of 90.59. GuruFocus rates BKK:WHART with a GF Score™ of 76/100 and a GF Value™ of ฿9.95 (Fairly Valued). The stock has 8 warning signs investors should review. Among 680 REITs companies, WHA Premium Growth Freehold and Leasehold Real Estate Investment Trust ranks better than 83.82% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. WHA Premium Growth Freehold and Leasehold Real Estate Investment Trust's Gross Profit for the three months ended in Mar. 2026 was ฿790 Mil. WHA Premium Growth Freehold and Leasehold Real Estate Investment Trust's Revenue for the three months ended in Mar. 2026 was ฿858 Mil. Therefore, WHA Premium Growth Freehold and Leasehold Real Estate Investment Trust's Gross Margin % for the quarter that ended in Mar. 2026 was 92.14%.


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

BKK:WHART' s Gross Margin % Range Over the Past 10 Years
Min: 88.62   Med: 90.59   Max: 93.87
Current: 89.88


During the past 12 years, the highest Gross Margin % of WHA Premium Growth Freehold and Leasehold Real Estate Investment Trust was 93.87%. The lowest was 88.62%. And the median was 90.59%.

BKK:WHART's Gross Margin % is ranked better than
83.82% of 680 companies
in the REITs industry
Industry Median: 69.705 vs BKK:WHART: 89.88

WHA Premium Growth Freehold and Leasehold Real Estate Investment Trust had a gross margin of 92.14% for the quarter that ended in Mar. 2026 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for WHA Premium Growth Freehold and Leasehold Real Estate Investment Trust was -0.20% per year.


WHA Premium Growth Freehold and Leasehold Real Estate Investment Trust  (BKK:WHART) 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

WHA Premium Growth Freehold and Leasehold Real Estate Investment Trust had a gross margin of 92.14% 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.


WHA Premium Growth Freehold and Leasehold Real Estate Investment Trust Gross Margin % Related Terms


WHA Premium Growth Freehold and Leasehold Real Estate Investment Trust Gross Margin % Historical Data

* Premium members only.

The historical data trend for WHA Premium Growth Freehold and 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.

WHA Premium Growth Freehold and Leasehold Real Estate Investment Trust Gross Margin % Chart

WHA Premium Growth Freehold and Leasehold Real Estate Investment Trust 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 90.42 91.61 90.95 90.74 89.96

WHA Premium Growth Freehold and 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 92.45 89.17 90.89 87.29 92.14

BKK:WHART vs VICI, WPC: Gross Margin % Comparison

For the REIT - Diversified subindustry, WHA Premium Growth Freehold and 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.


WHA Premium Growth Freehold and Leasehold Real Estate Investment Trust Gross Margin % vs REITs Industry

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

* The bar in red indicates where WHA Premium Growth Freehold and Leasehold Real Estate Investment Trust's Gross Margin % falls into.


BKK:WHART
76GF Score
WHA Premium Growth Freehold and Leasehold Real Estate Investment Trust BKK:WHART
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

WHA Premium Growth Freehold and Leasehold Real Estate Investment Trust Gross Margin % Calculation

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

WHA Premium Growth Freehold and Leasehold Real Estate Investment Trust'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 )
=3155.7 / 3507.809
=(Revenue - Cost of Goods Sold) / Revenue
=(3507.809 - 352.138) / 3507.809
=89.96 %

WHA Premium Growth Freehold and 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 )
=790.3 / 857.676
=(Revenue - Cost of Goods Sold) / Revenue
=(857.676 - 67.425) / 857.676
=92.14 %

* 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 92.14% mean?
WHA Premium Growth Freehold and Leasehold Real Estate Investment Trust (BKK:WHART) has a Gross Margin % of 92.14% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on WHA Premium Growth Freehold and Leasehold Real Estate Investment Trust and its competitors. This is near median its historical median of 90.59. Over the past decade, WHA Premium Growth Freehold and Leasehold Real Estate Investment Trust's Gross Margin % has ranged from 88.62 to 93.87. According to the industry distribution chart, WHA Premium Growth Freehold and Leasehold Real Estate Investment Trust ranks #110 out of 680 companies in the REITs industry, placing it in the top 16.2%.
Is WHA Premium Growth Freehold and Leasehold Real Estate Investment Trust's Gross Margin % too high?
WHA Premium Growth Freehold and Leasehold Real Estate Investment Trust's current Gross Margin % of 92.14% is near median its 10-year median of 90.59. Over the past 10 years, this metric has ranged from a low of 88.62 to a high of 93.87. The REITs industry median Gross Margin % is 69.71. WHA Premium Growth Freehold and Leasehold Real Estate Investment Trust's value of 92.14% is 32.2% above this industry median. Based on the distribution chart, WHA Premium Growth Freehold and Leasehold Real Estate Investment Trust ranks #110 out of 680 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, WHA Premium Growth Freehold and Leasehold Real Estate Investment Trust has a GF Score™ of 76/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does WHA Premium Growth Freehold and Leasehold Real Estate Investment Trust's Gross Margin % compare to VICI and WPC?
According to the REITs industry distribution chart, WHA Premium Growth Freehold and Leasehold Real Estate Investment Trust ranks #110 out of 680 companies for Gross Margin %. This places WHA Premium Growth Freehold and Leasehold Real Estate Investment Trust in the top 16% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 69.71. WHA Premium Growth Freehold and Leasehold Real Estate Investment Trust's value of 92.14% is 32.2% above this benchmark. Historically, WHA Premium Growth Freehold and Leasehold Real Estate Investment Trust's own Gross Margin % has ranged from 88.62 to 93.87 over the past decade. While the company's 10-year median is 90.59 vs. the industry median of 69.71, WHA Premium Growth Freehold and 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 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. WHA Premium Growth Freehold and Leasehold Real Estate Investment Trust's current Gross Margin % of 92.14% is 32.2% 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 WHA Premium Growth Freehold and 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. WHA Premium Growth Freehold and Leasehold Real Estate Investment Trust's current Gross Margin % is 92.14%, which is near median its own 10-year median of 90.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is WHA Premium Growth Freehold and Leasehold Real Estate Investment Trust stock overvalued right now?
Based on GuruFocus' analysis, WHA Premium Growth Freehold and Leasehold Real Estate Investment Trust (BKK:WHART) is currently considered Fairly Valued. The stock's GF Value™ is ฿9.95, compared to a current price of ฿10.90 — trading 9.5% above its estimated fair value. The current Gross Margin % is 92.14%, which is near median its 10-year median of 90.59 and 32.2% above the REITs industry median of 69.71. WHA Premium Growth Freehold and Leasehold Real Estate Investment Trust's overall GF Score™ is 76/100 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 WHA Premium Growth Freehold and Leasehold Real Estate Investment Trust (BKK:WHART), the current Gross Margin % is 92.14% 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 WHA Premium Growth Freehold and Leasehold Real Estate Investment Trust (BKK:WHART) Overvalued in 2026?

Based on GuruFocus' analysis, WHA Premium Growth Freehold and Leasehold Real Estate Investment Trust stock appears to be overvalued. The current stock price of ฿10.90 is trading 9.5% above its estimated GF Value™ of ฿9.95. GuruFocus considers WHA Premium Growth Freehold and Leasehold Real Estate Investment Trust to be Fairly Valued.

Key valuation signals for BKK:WHART:

  • Gross Margin %: 92.14% (near median its 10-year median of 90.59)
  • GF Value™: ฿9.95 vs. price of ฿10.90 (9.5% above fair value)
  • GF Score™: 76/100 with 8 warning signs
  • Industry Position: 32.2% above the REITs median (#110 of 680)

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


WHA Premium Growth Freehold and Leasehold Real Estate Investment Trust Business Description

Industry Real EstateREITs
Other Exchanges WHART-F:Thailand
Address Debaratna Road, KM.7, 777 WHA TOWER, 22nd Floor, Room 2206, Moo 13, Bang Kaeo, Bang Phli District, Samutprakarn, THA, 10540
WHA Premium Growth Freehold and Leasehold Real Estate Investment Trust is a real estate investment trust. Its objective is to seek funds from investors, investing mostly in property or property leasehold rights and generating benefit from such properties including to improve, alter, develop, or dispose other assets in which the trust invests or possess whatsoever lease, sub-lease or sale or other process for the benefit of the property and create the revenue and return to the trust and the unitholders.
76GF Score

Get the complete analysis for BKK:WHART

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

฿10.90
Price
฿9.95
GF Value