Joao Fortes Engenharia (BSP:JFEN3) Gross Margin %: -36.40% (As of Mar. 2026)

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BSP:JFEN3 Joao Fortes Engenharia SA BSP:JFEN3
33 GF Score
Price R$0.61
GF Value R$1.04
Valuation Possible Value Trap
! 4 Warning Signs
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What is Joao Fortes Engenharia Gross Margin %?

Joao Fortes Engenharia BSP:JFEN3 +1.67% 33 Gross Margin % is -36.40% as of Mar. 2026. GuruFocus rates BSP:JFEN3 with a GF Score™ of 33/100 and a GF Value™ of R$1.04 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 1,645 Real Estate companies, Joao Fortes Engenharia ranks worse than 98.24% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Joao Fortes Engenharia's Gross Profit for the three months ended in Mar. 2026 was R$-9.3 Mil. Joao Fortes Engenharia's Revenue for the three months ended in Mar. 2026 was R$25.6 Mil. Therefore, Joao Fortes Engenharia's Gross Margin % for the quarter that ended in Mar. 2026 was -36.40%.


The historical rank and industry rank for Joao Fortes Engenharia's Gross Margin % or its related term are showing as below:

BSP:JFEN3' s Gross Margin % Range Over the Past 10 Years
Min: -1431.73   Med: -34.49   Max: -18.79
Current: -39.87


During the past 13 years, the highest Gross Margin % of Joao Fortes Engenharia was -18.79%. The lowest was -1431.73%. And the median was -34.49%.

BSP:JFEN3's Gross Margin % is ranked worse than
98.24% of 1645 companies
in the Real Estate industry
Industry Median: 36.98 vs BSP:JFEN3: -39.87

Joao Fortes Engenharia had a gross margin of -36.40% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Joao Fortes Engenharia was 29.20% per year.


Joao Fortes Engenharia  (BSP:JFEN3) 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

Joao Fortes Engenharia had a gross margin of -36.40% for the quarter that ended in Mar. 2026 => 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.


Joao Fortes Engenharia Gross Margin % Related Terms


Joao Fortes Engenharia Gross Margin % Historical Data

* Premium members only.

The historical data trend for Joao Fortes Engenharia'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.

Joao Fortes Engenharia Gross Margin % Chart

Joao Fortes Engenharia 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 -1,431.73 -132.17 -18.79 -24.30 -33.68

Joao Fortes Engenharia 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 -24.95 -22.87 -27.23 -968.77 -36.40

BSP:JFEN3 vs CBRE, BEKE, JLL: Gross Margin % Comparison

For the Real Estate Services subindustry, Joao Fortes Engenharia'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.


Joao Fortes Engenharia Gross Margin % vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Joao Fortes Engenharia's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Joao Fortes Engenharia's Gross Margin % falls into.


BSP:JFEN3
33GF Score
Joao Fortes Engenharia SA BSP:JFEN3
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Joao Fortes Engenharia Gross Margin % Calculation

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

Joao Fortes Engenharia'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 )
=-58.9 / 174.975
=(Revenue - Cost of Goods Sold) / Revenue
=(174.975 - 233.908) / 174.975
=-33.68 %

Joao Fortes Engenharia'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 )
=-9.3 / 25.55
=(Revenue - Cost of Goods Sold) / Revenue
=(25.55 - 34.849) / 25.55
=-36.40 %

* 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 -36.40% mean?
Joao Fortes Engenharia (BSP:JFEN3) has a Gross Margin % of -36.40% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Joao Fortes Engenharia and its competitors. According to the industry distribution chart, Joao Fortes Engenharia ranks #1616 out of 1645 companies in the Real Estate industry, placing it in the top 98.2%.
Is Joao Fortes Engenharia's Gross Margin % too high?
Joao Fortes Engenharia's current Gross Margin % is -36.40%. Based on the distribution chart, Joao Fortes Engenharia ranks #1616 out of 1645 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, Joao Fortes Engenharia has a GF Score™ of 33/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Joao Fortes Engenharia's Gross Margin % compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Joao Fortes Engenharia ranks #1616 out of 1645 companies for Gross Margin %. This places Joao Fortes Engenharia in the lower half of its industry. The industry median Gross Margin % is 36.98. 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 36.98, based on 1,645 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 Joao Fortes Engenharia and its competitors. For the Real Estate industry, the median Gross Margin % is 36.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Joao Fortes Engenharia's current Gross Margin % is -36.40%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Joao Fortes Engenharia stock overvalued right now?
Based on GuruFocus' analysis, Joao Fortes Engenharia (BSP:JFEN3) is currently considered Possible Value Trap. The stock's GF Value™ is R$1.04, compared to a current price of R$0.61 — trading 41.3% below its estimated fair value. The current Gross Margin % is -36.40%. Joao Fortes Engenharia's overall GF Score™ is 33/100 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 Joao Fortes Engenharia (BSP:JFEN3), the current Gross Margin % is -36.40% 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 Joao Fortes Engenharia (BSP:JFEN3) Overvalued in 2026?

Based on GuruFocus' analysis, Joao Fortes Engenharia stock appears to be undervalued. The current stock price of R$0.61 is trading 41.3% below its estimated GF Value™ of R$1.04. GuruFocus considers Joao Fortes Engenharia to be Possible Value Trap.

Key valuation signals for BSP:JFEN3:

  • Gross Margin %: -36.40%
  • GF Value™: R$1.04 vs. price of R$0.61 (41.3% below fair value)
  • GF Score™: 33/100 with 4 warning signs

No single metric tells the full story. See the BSP:JFEN3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Joao Fortes Engenharia Business Description

Address Av Das Americas, 500, Bl. 19, Salas 105 a 108, Barra da Tijuca, Rio de Janeiro, RJ, BRA, 22640100
Joao Fortes Engenharia SA is engaged in the development, marketing and management of residential, commercial and industrial building, such as residential houses, commercial and business centers, corporate headquarters, hotels and special projects.
33GF Score

Get the complete analysis for BSP:JFEN3

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

R$0.61
Price
R$1.04
GF Value