Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario (BSP:MFII11) Gross Margin %: 0.00% (As of Dec. 2025)


BSP:MFII11 Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario BSP:MFII11
42 GF Score
Price R$51.80
GF Value R$35.19
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario Gross Margin %?

Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario BSP:MFII11 +1.25% 42 Gross Margin % is 0.00% as of Dec. 2025. GuruFocus rates BSP:MFII11 with a GF Score™ of 42/100 and a GF Value™ of R$35.19 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 680 REITs companies, Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario ranks worse than 147058.68% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario's Gross Profit for the six months ended in Dec. 2025 was R$17.89 Mil. Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario's Revenue for the six months ended in Dec. 2025 was R$17.89 Mil. Therefore, Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario's Gross Margin % for the quarter that ended in Dec. 2025 was 0.00%. If there's no value for Cost of Goods Sold, then Gross Margin % is not calculated.


The historical rank and industry rank for Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario's Gross Margin % or its related term are showing as below:


During the past 5 years, the highest Gross Margin % of Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario was 99.99%. The lowest was 97.61%. And the median was 98.80%.

BSP:MFII11's Gross Margin % is not ranked *
in the REITs industry.
Industry Median: 69.705
* Ranked among companies with meaningful Gross Margin % only.

Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario had a gross margin of N/A% for the quarter that ended in Dec. 2025 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario was 0.00% per year.


Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario  (BSP:MFII11) 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

Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario had a gross margin of N/A% 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.


Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario Gross Margin % Related Terms


Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario Gross Margin % Historical Data

* Premium members only.

The historical data trend for Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario'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.

Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario Gross Margin % Chart

Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Gross Margin %
97.61 99.99 0.00 0.00 0.00

Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario Semi-Annual Data
Dec21 Dec22 Dec23 Dec24 Dec25
Gross Margin % 97.61 99.99 0.00 0.00 0.00

BSP:MFII11 vs VICI, WPC: Gross Margin % Comparison

For the REIT - Diversified subindustry, Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario'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.


Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario Gross Margin % vs REITs Industry

For the REITs industry and Real Estate sector, Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario's Gross Margin % falls into.


BSP:MFII11
42GF Score
Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario BSP:MFII11
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue. (Note that if there's no value for Cost of Goods Sold, then Gross Margin % is not calculated.)

Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario'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 )
=17.9 / 17.893
=(Revenue - Cost of Goods Sold) / Revenue
=(17.893 - 0) / 17.893
=N/A %

Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario's Gross Margin for the quarter that ended in Dec. 2025 is calculated as


Gross Margin % (Q: Dec. 2025 )=Gross Profit (Q: Dec. 2025 ) / Revenue (Q: Dec. 2025 )
=17.9 / 17.893
=(Revenue - Cost of Goods Sold) / Revenue
=(17.893 - 0) / 17.893
=N/A %

* 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 0.00% mean?
Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario (BSP:MFII11) has a Gross Margin % of 0.00% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario and its competitors. Over the past decade, Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario's Gross Margin % has ranged from 97.61 to 99.99. According to the industry distribution chart, Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario ranks #999999 out of 680 companies in the REITs industry.
Is Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario's Gross Margin % too high?
Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario's current Gross Margin % is 0.00%. Over the past 10 years, this metric has ranged from a low of 97.61 to a high of 99.99. Based on the distribution chart, Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario ranks #999999 out of 680 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario has a GF Score™ of 42/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario's Gross Margin % compare to VICI and WPC?
According to the REITs industry distribution chart, Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario ranks #999999 out of 680 companies for Gross Margin %. This places Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario in the lower half of its industry. The industry median Gross Margin % is 69.71. Historically, Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario's own Gross Margin % has ranged from 97.61 to 99.99 over the past decade. 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. 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 Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario 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. Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario's current Gross Margin % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario stock overvalued right now?
Based on GuruFocus' analysis, Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario (BSP:MFII11) is currently considered Significantly Overvalued. The stock's GF Value™ is R$35.19, compared to a current price of R$51.80 — trading 47.2% above its estimated fair value. The current Gross Margin % is 0.00%. Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario's overall GF Score™ is 42/100 with 5 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 Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario (BSP:MFII11), the current Gross Margin % is 0.00% 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 Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario (BSP:MFII11) Overvalued in 2026?

Based on GuruFocus' analysis, Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario stock appears to be overvalued. The current stock price of R$51.80 is trading 47.2% above its estimated GF Value™ of R$35.19. GuruFocus considers Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario to be Significantly Overvalued.

Key valuation signals for BSP:MFII11:

  • Gross Margin %: 0.00%
  • GF Value™: R$35.19 vs. price of R$51.80 (47.2% above fair value)
  • GF Score™: 42/100 with 5 warning signs

No single metric tells the full story. See the BSP:MFII11 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario Business Description

Industry Real EstateREITs
Address Rua Funchal, 418 - 21 andar, Sao Paulo, SP, BRA, 04548-004
Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario is a real estate investment trust. It is engaged in the acquisition of interests in real estate development projects developed in partnership with developers.
42GF Score

Get the complete analysis for BSP:MFII11

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

R$51.80
Price
R$35.19
GF Value