JHSF ParticipacoesBSP:JHSF3 +0.70%75 Gross Margin % is 60.87% as of Mar. 2026, which is 5% above its 10-year median of 58.12. GuruFocus rates BSP:JHSF3 with a GF Score™ of 75/100 and a GF Value™ of R$9.54 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 1,646 Real Estate companies, JHSF Participacoes ranks better than 74.85% on this metric.
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
JHSF Participacoes had a gross margin of 60.87% 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.
JHSF Participacoes Gross Margin % Related Terms
JHSF Participacoes Gross Margin % Historical Data
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The historical data trend for JHSF Participacoes'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.
For the Real Estate - Development subindustry, JHSF Participacoes'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.
JHSF Participacoes Gross Margin % vs Real Estate Industry
For the Real Estate industry and Real Estate sector, JHSF Participacoes's Gross Margin % distribution charts can be found below:
* The bar in red indicates where JHSF Participacoes's Gross Margin % falls into.
* 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.
JHSF Participacoes (BSP:JHSF3) has a Gross Margin % of 60.87% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on JHSF Participacoes and its competitors. This is near median its historical median of 58.12. Over the past decade, JHSF Participacoes' Gross Margin % has ranged from 39.25 to 69.44. According to the industry distribution chart, JHSF Participacoes ranks #414 out of 1646 companies in the Real Estate industry, placing it in the top 25.2%.
Is JHSF Participacoes' Gross Margin % too high?
JHSF Participacoes' current Gross Margin % of 60.87% is near median its 10-year median of 58.12. Over the past 10 years, this metric has ranged from a low of 39.25 to a high of 69.44. The Real Estate industry median Gross Margin % is 36.96. JHSF Participacoes' value of 60.87% is 64.7% above this industry median. Based on the distribution chart, JHSF Participacoes ranks #414 out of 1646 companies in the Real Estate industry, which is above the industry midpoint. Overall, JHSF Participacoes has a GF Score™ of 75/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does JHSF Participacoes' Gross Margin % compare to competitors?
According to the Real Estate industry distribution chart, JHSF Participacoes ranks #414 out of 1646 companies for Gross Margin %. This puts JHSF Participacoes in the upper half of its industry. The industry median Gross Margin % is 36.96. JHSF Participacoes' value of 60.87% is 64.7% above this benchmark. Historically, JHSF Participacoes' own Gross Margin % has ranged from 39.25 to 69.44 over the past decade. While the company's 10-year median is 58.12 vs. the industry median of 36.96, JHSF Participacoes 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. JHSF Participacoes's current Gross Margin % of 60.87% is 64.7% 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 JHSF Participacoes 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. JHSF Participacoes's current Gross Margin % is 60.87%, which is near median its own 10-year median of 58.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is JHSF Participacoes stock overvalued right now?
Based on GuruFocus' analysis, JHSF Participacoes (BSP:JHSF3) is currently considered Modestly Overvalued. The stock's GF Value™ is R$9.54, compared to a current price of R$11.43 — trading 19.8% above its estimated fair value. The current Gross Margin % is 60.87%, which is near median its 10-year median of 58.12 and 64.7% above the Real Estate industry median of 36.96. JHSF Participacoes' overall GF Score™ is 75/100 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 JHSF Participacoes (BSP:JHSF3), the current Gross Margin % is 60.87% 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 JHSF Participacoes (BSP:JHSF3) Overvalued in 2026?
Based on GuruFocus' analysis, JHSF Participacoes stock appears to be overvalued.
The current stock price of R$11.43 is trading 19.8% above its estimated GF Value™ of R$9.54.
GuruFocus considers JHSF Participacoes to be Modestly Overvalued.
Key valuation signals for BSP:JHSF3:
Gross Margin %: 60.87% (near median its 10-year median of 58.12)
GF Value™: R$9.54 vs. price of R$11.43 (19.8% above fair value)
Industry Position: 64.7% above the Real Estate median (#414 of 1646)
No single metric tells the full story. See the BSP:JHSF3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
JHSF Participacoes SA is a real estate company. The company is involved in in the development, purchase and sale, as well as lease of residential and commercial properties; the construction and operation of shopping centers; the provision of administration and contract management services, and the operation of hotels and tourist activities. JHSF has four segments of business: Recurring income, Real estate business and airport, Hotels and restaurants and Main administrative office.
75GF Score
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