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BSP:BTRA11's Gross Margin % is ranked worse than 100% of 677
companies
in the REITs industry
Industry Median: 69.79
vs BSP:BTRA11: -1274.40
Fundo DE Investimento Imobiliario BTG Pactual Terras Agricolas had a gross margin of -1,274.40% for the quarter that ended in Dec. 2025 => No sustainable competitive advantage
Fundo DE Investimento Imobiliario BTG Pactual Terras Agricolas (BSP:BTRA11) 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
Fundo DE Investimento Imobiliario BTG Pactual Terras Agricolas had a gross margin of -1,274.40% for the quarter that ended in Dec. 2025 => No sustainable 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.
Fundo DE Investimento Imobiliario BTG Pactual Terras Agricolas Gross Margin % Related Terms
Fundo DE Investimento Imobiliario BTG Pactual Terras Agricolas 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.
Fundo DE Investimento Imobiliario BTG Pactual Terras Agricolas Gross Margin % Chart
Fundo DE Investimento Imobiliario BTG Pactual Terras Agricolas Annual Data
Trend
Dec21
Dec22
Dec23
Dec24
Dec25
Gross Margin %
0.00
90.01
-264.93
-235.05
-1,274.40
Fundo DE Investimento Imobiliario BTG Pactual Terras Agricolas Semi-Annual Data
Dec21
Dec22
Dec23
Dec24
Dec25
Gross Margin %
0.00
90.01
-264.93
-235.05
-1,274.40
BSP:BTRA11 vs EQIX, AMT, DLR: Gross Margin % Comparison
* 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.
Fundo DE Investimento Imobiliario BTG Pactual Terras Agricolas 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.
Fundo DE Investimento Imobiliario BTG Pactual Terras Agricolas (BSP:BTRA11) has a Gross Margin % of -1,274.40% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Fundo DE Investimento Imobiliario BTG Pactual Terras Agricolas and its competitors. According to the industry distribution chart, Fundo DE Investimento Imobiliario BTG Pactual Terras Agricolas ranks #677 out of 677 companies in the REITs industry.
Is Fundo DE Investimento Imobiliario BTG Pactual Terras Agricolas' Gross Margin % too high?
Fundo DE Investimento Imobiliario BTG Pactual Terras Agricolas' current Gross Margin % is -1,274.40%. Based on the distribution chart, Fundo DE Investimento Imobiliario BTG Pactual Terras Agricolas ranks #677 out of 677 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Fundo DE Investimento Imobiliario BTG Pactual Terras Agricolas has a GF Score™ of 44/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Fundo DE Investimento Imobiliario BTG Pactual Terras Agricolas' Gross Margin % compare to EQIX and AMT?
According to the REITs industry distribution chart, Fundo DE Investimento Imobiliario BTG Pactual Terras Agricolas ranks #677 out of 677 companies for Gross Margin %. This places Fundo DE Investimento Imobiliario BTG Pactual Terras Agricolas in the lower half of its industry. The industry median Gross Margin % is 69.79. 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 69.79, based on 677 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. 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 Fundo DE Investimento Imobiliario BTG Pactual Terras Agricolas and its competitors. For the REITs industry, the median Gross Margin % is 69.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fundo DE Investimento Imobiliario BTG Pactual Terras Agricolas's current Gross Margin % is -1,274.40%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fundo DE Investimento Imobiliario BTG Pactual Terras Agricolas stock overvalued right now?
Based on GuruFocus' analysis, Fundo DE Investimento Imobiliario BTG Pactual Terras Agricolas (BSP:BTRA11) is currently considered Significantly Overvalued. The stock's GF Value™ is R$13.40, compared to a current price of R$65.82 — trading 391.2% above its estimated fair value. The current Gross Margin % is -1,274.40%. Fundo DE Investimento Imobiliario BTG Pactual Terras Agricolas' overall GF Score™ is 44/100 with 6 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 Fundo DE Investimento Imobiliario BTG Pactual Terras Agricolas (BSP:BTRA11), the current Gross Margin % is -1,274.40% as of Dec. 2025. 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 Fundo DE Investimento Imobiliario BTG Pactual Terras Agricolas (BSP:BTRA11) Overvalued in 2026?
Based on GuruFocus' analysis, Fundo DE Investimento Imobiliario BTG Pactual Terras Agricolas stock appears to be overvalued.
The current stock price of R$65.82 is trading 391.2% above its estimated GF Value™ of R$13.40.
GuruFocus considers Fundo DE Investimento Imobiliario BTG Pactual Terras Agricolas to be Significantly Overvalued.
Key valuation signals for BSP:BTRA11:
Gross Margin %: -1,274.40%
GF Value™: R$13.40 vs. price of R$65.82 (391.2% above fair value)
No single metric tells the full story. See the BSP:BTRA11 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Fundo DE Investimento Imobiliario BTG Pactual Terras Agricolas Business Description
Fundo DE Investimento Imobiliario BTG Pactual Terras Agricolas aims to acquire productive agricultural land (rural and urban) undergoing transformation (opportunistically) located in the main regions of the Brazilian territory.
44GF Score
Get the complete analysis for BSP:BTRA11
Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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