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
HBR Realty Empreendimentos Imobiliarios had a gross margin of 58.55% 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.
HBR Realty Empreendimentos Imobiliarios Gross Margin % Related Terms
HBR Realty Empreendimentos Imobiliarios 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.
BSP:HBRE3 vs CBRE, BEKE, JLL: Gross Margin % Comparison
For the Real Estate Services subindustry, HBR Realty Empreendimentos Imobiliarios'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.
HBR Realty Empreendimentos Imobiliarios Gross Margin % vs Real Estate 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.
HBR Realty Empreendimentos Imobiliarios (BSP:HBRE3) has a Gross Margin % of 58.55% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on HBR Realty Empreendimentos Imobiliarios and its competitors. This is 29% below median its historical median of 82.53. Over the past decade, HBR Realty Empreendimentos Imobiliarios' Gross Margin % has ranged from 39.26 to 84.53. According to the industry distribution chart, HBR Realty Empreendimentos Imobiliarios ranks #775 out of 1646 companies in the Real Estate industry, placing it in the top 47.1%.
Is HBR Realty Empreendimentos Imobiliarios' Gross Margin % too high?
HBR Realty Empreendimentos Imobiliarios' current Gross Margin % of 58.55% is 29% below median its 10-year median of 82.53. Over the past 10 years, this metric has ranged from a low of 39.26 to a high of 84.53. The Real Estate industry median Gross Margin % is 36.96. HBR Realty Empreendimentos Imobiliarios' value of 58.55% is 58.4% above this industry median. Based on the distribution chart, HBR Realty Empreendimentos Imobiliarios ranks #775 out of 1646 companies in the Real Estate industry, which is above the industry midpoint. Overall, HBR Realty Empreendimentos Imobiliarios has a GF Score™ of 66/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does HBR Realty Empreendimentos Imobiliarios' Gross Margin % compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, HBR Realty Empreendimentos Imobiliarios ranks #775 out of 1646 companies for Gross Margin %. This puts HBR Realty Empreendimentos Imobiliarios in the upper half of its industry. The industry median Gross Margin % is 36.96. HBR Realty Empreendimentos Imobiliarios' value of 58.55% is 58.4% above this benchmark. Historically, HBR Realty Empreendimentos Imobiliarios' own Gross Margin % has ranged from 39.26 to 84.53 over the past decade. While the company's 10-year median is 82.53 vs. the industry median of 36.96, HBR Realty Empreendimentos Imobiliarios 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 Real Estate company?
The median Gross Margin % among Real Estate companies is 36.96, based on 1,646 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. HBR Realty Empreendimentos Imobiliarios's current Gross Margin % of 58.55% is 58.4% 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 HBR Realty Empreendimentos Imobiliarios and its competitors. For the Real Estate industry, the median Gross Margin % is 36.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. HBR Realty Empreendimentos Imobiliarios's current Gross Margin % is 58.55%, which is 29% below median its own 10-year median of 82.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HBR Realty Empreendimentos Imobiliarios stock overvalued right now?
Based on GuruFocus' analysis, HBR Realty Empreendimentos Imobiliarios (BSP:HBRE3) is currently considered Possible Value Trap. The stock's GF Value™ is R$16.49, compared to a current price of R$2.64 — trading 84% below its estimated fair value. The current Gross Margin % is 58.55%, which is 29% below median its 10-year median of 82.53 and 58.4% above the Real Estate industry median of 36.96. HBR Realty Empreendimentos Imobiliarios' overall GF Score™ is 66/100 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 HBR Realty Empreendimentos Imobiliarios (BSP:HBRE3), the current Gross Margin % is 58.55% 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 HBR Realty Empreendimentos Imobiliarios (BSP:HBRE3) Overvalued in 2026?
Based on GuruFocus' analysis, HBR Realty Empreendimentos Imobiliarios stock appears to be undervalued.
The current stock price of R$2.64 is trading 84% below its estimated GF Value™ of R$16.49.
GuruFocus considers HBR Realty Empreendimentos Imobiliarios to be Possible Value Trap.
Key valuation signals for BSP:HBRE3:
Gross Margin %: 58.55% (29% below median its 10-year median of 82.53)
GF Value™: R$16.49 vs. price of R$2.64 (84% below fair value)
Industry Position: 58.4% above the Real Estate median (#775 of 1646)
No single metric tells the full story. See the BSP:HBRE3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
HBR Realty Empreendimentos Imobiliarios Business Description
HBR Realty Empreendimentos Imobiliarios SA operates in the real estate development and management division. The company's business is focused on urban properties, distributed over four main platforms that house the developed and developing asset classes. These platforms are ComVem, HBR3A, HBR Malls, and HBR Opportunities. ComVem is a platform dedicated towards the development and administration of convenience centers; the HBR 3A platform is dedicated to the development and management of corporate buildings; the HBR Malls platform is dedicated to the acquisition, development, and management of shopping centers; and HBR Opportunities platform brings together assets of various classes, such as built to suits, development, and management of hotels, parking lots, and others.
66GF Score
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