Patria Malls Fundo de Investimento Imobiliario Responsabilidade (BSP:PMLL11) Gross Margin %: 90.50% (As of Dec. 2025) — Near Median


BSP:PMLL11 Patria Malls Fundo de Investimento Imobiliario Responsabilidade Ltd BSP:PMLL11
79 GF Score
Price R$106.14
GF Value R$125.47
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Patria Malls Fundo de Investimento Imobiliario Responsabilidade Gross Margin %?

Patria Malls Fundo de Investimento Imobiliario Responsabilidade BSP:PMLL11 +1.27% 79 Gross Margin % is 90.50% as of Dec. 2025, which is 3% above its 10-year median of 87.55. GuruFocus rates BSP:PMLL11 with a GF Score™ of 79/100 and a GF Value™ of R$125.47 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 680 REITs companies, Patria Malls Fundo de Investimento Imobiliario Responsabilidade ranks better than 85.29% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Patria Malls Fundo de Investimento Imobiliario Responsabilidade's Gross Profit for the six months ended in Dec. 2025 was R$164.4 Mil. Patria Malls Fundo de Investimento Imobiliario Responsabilidade's Revenue for the six months ended in Dec. 2025 was R$181.7 Mil. Therefore, Patria Malls Fundo de Investimento Imobiliario Responsabilidade's Gross Margin % for the quarter that ended in Dec. 2025 was 90.50%.


The historical rank and industry rank for Patria Malls Fundo de Investimento Imobiliario Responsabilidade's Gross Margin % or its related term are showing as below:

BSP:PMLL11' s Gross Margin % Range Over the Past 10 Years
Min: 65.69   Med: 87.55   Max: 99.58
Current: 90.5


During the past 9 years, the highest Gross Margin % of Patria Malls Fundo de Investimento Imobiliario Responsabilidade was 99.58%. The lowest was 65.69%. And the median was 87.55%.

BSP:PMLL11's Gross Margin % is ranked better than
85.29% of 680 companies
in the REITs industry
Industry Median: 69.61 vs BSP:PMLL11: 90.50

Patria Malls Fundo de Investimento Imobiliario Responsabilidade had a gross margin of 90.50% for the quarter that ended in Dec. 2025 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Patria Malls Fundo de Investimento Imobiliario Responsabilidade was 0.00% per year.


Patria Malls Fundo de Investimento Imobiliario Responsabilidade  (BSP:PMLL11) 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

Patria Malls Fundo de Investimento Imobiliario Responsabilidade had a gross margin of 90.50% for the quarter that ended in Dec. 2025 => 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.


Patria Malls Fundo de Investimento Imobiliario Responsabilidade Gross Margin % Related Terms


Patria Malls Fundo de Investimento Imobiliario Responsabilidade Gross Margin % Historical Data

* Premium members only.

The historical data trend for Patria Malls Fundo de Investimento Imobiliario Responsabilidade'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.

Patria Malls Fundo de Investimento Imobiliario Responsabilidade Gross Margin % Chart

Patria Malls Fundo de Investimento Imobiliario Responsabilidade Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Gross Margin %
Get a 7-Day Free Trial Premium Member Only 99.58 65.69 79.71 87.55 90.50

Patria Malls Fundo de Investimento Imobiliario Responsabilidade Semi-Annual Data
Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Gross Margin % Get a 7-Day Free Trial Premium Member Only 99.58 65.69 79.71 87.55 90.50

BSP:PMLL11 vs SPG, O, KIM: Gross Margin % Comparison

For the REIT - Retail subindustry, Patria Malls Fundo de Investimento Imobiliario Responsabilidade'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.


Patria Malls Fundo de Investimento Imobiliario Responsabilidade Gross Margin % vs REITs Industry

For the REITs industry and Real Estate sector, Patria Malls Fundo de Investimento Imobiliario Responsabilidade's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Patria Malls Fundo de Investimento Imobiliario Responsabilidade's Gross Margin % falls into.


BSP:PMLL11
79GF Score
Patria Malls Fundo de Investimento Imobiliario Responsabilidade Ltd BSP:PMLL11
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Patria Malls Fundo de Investimento Imobiliario Responsabilidade Gross Margin % Calculation

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

Patria Malls Fundo de Investimento Imobiliario Responsabilidade'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 )
=164.4 / 181.65
=(Revenue - Cost of Goods Sold) / Revenue
=(181.65 - 17.251) / 181.65
=90.50 %

Patria Malls Fundo de Investimento Imobiliario Responsabilidade'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 )
=164.4 / 181.65
=(Revenue - Cost of Goods Sold) / Revenue
=(181.65 - 17.251) / 181.65
=90.50 %

* 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 90.50% mean?
Patria Malls Fundo de Investimento Imobiliario Responsabilidade (BSP:PMLL11) has a Gross Margin % of 90.50% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Patria Malls Fundo de Investimento Imobiliario Responsabilidade and its competitors. This is near median its historical median of 87.55. Over the past decade, Patria Malls Fundo de Investimento Imobiliario Responsabilidade's Gross Margin % has ranged from 65.69 to 99.58. According to the industry distribution chart, Patria Malls Fundo de Investimento Imobiliario Responsabilidade ranks #100 out of 680 companies in the REITs industry, placing it in the top 14.7%.
Is Patria Malls Fundo de Investimento Imobiliario Responsabilidade's Gross Margin % too high?
Patria Malls Fundo de Investimento Imobiliario Responsabilidade's current Gross Margin % of 90.50% is near median its 10-year median of 87.55. Over the past 10 years, this metric has ranged from a low of 65.69 to a high of 99.58. The REITs industry median Gross Margin % is 69.61. Patria Malls Fundo de Investimento Imobiliario Responsabilidade's value of 90.50% is 30% above this industry median. Based on the distribution chart, Patria Malls Fundo de Investimento Imobiliario Responsabilidade ranks #100 out of 680 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, Patria Malls Fundo de Investimento Imobiliario Responsabilidade has a GF Score™ of 79/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Patria Malls Fundo de Investimento Imobiliario Responsabilidade's Gross Margin % compare to SPG and O?
According to the REITs industry distribution chart, Patria Malls Fundo de Investimento Imobiliario Responsabilidade ranks #100 out of 680 companies for Gross Margin %. This places Patria Malls Fundo de Investimento Imobiliario Responsabilidade in the top 15% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 69.61. Patria Malls Fundo de Investimento Imobiliario Responsabilidade's value of 90.50% is 30% above this benchmark. Historically, Patria Malls Fundo de Investimento Imobiliario Responsabilidade's own Gross Margin % has ranged from 65.69 to 99.58 over the past decade. While the company's 10-year median is 87.55 vs. the industry median of 69.61, Patria Malls Fundo de Investimento Imobiliario Responsabilidade 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 REITs company?
The median Gross Margin % among REITs companies is 69.61, 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. Patria Malls Fundo de Investimento Imobiliario Responsabilidade's current Gross Margin % of 90.50% is 30% 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 Patria Malls Fundo de Investimento Imobiliario Responsabilidade and its competitors. For the REITs industry, the median Gross Margin % is 69.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Patria Malls Fundo de Investimento Imobiliario Responsabilidade's current Gross Margin % is 90.50%, which is near median its own 10-year median of 87.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Patria Malls Fundo de Investimento Imobiliario Responsabilidade stock overvalued right now?
Based on GuruFocus' analysis, Patria Malls Fundo de Investimento Imobiliario Responsabilidade (BSP:PMLL11) is currently considered Modestly Undervalued. The stock's GF Value™ is R$125.47, compared to a current price of R$106.14 — trading 15.4% below its estimated fair value. The current Gross Margin % is 90.50%, which is near median its 10-year median of 87.55 and 30% above the REITs industry median of 69.61. Patria Malls Fundo de Investimento Imobiliario Responsabilidade's overall GF Score™ is 79/100 with 2 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 Patria Malls Fundo de Investimento Imobiliario Responsabilidade (BSP:PMLL11), the current Gross Margin % is 90.50% 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 Patria Malls Fundo de Investimento Imobiliario Responsabilidade (BSP:PMLL11) Overvalued in 2026?

Based on GuruFocus' analysis, Patria Malls Fundo de Investimento Imobiliario Responsabilidade stock appears to be undervalued. The current stock price of R$106.14 is trading 15.4% below its estimated GF Value™ of R$125.47. GuruFocus considers Patria Malls Fundo de Investimento Imobiliario Responsabilidade to be Modestly Undervalued.

Key valuation signals for BSP:PMLL11:

  • Gross Margin %: 90.50% (near median its 10-year median of 87.55)
  • GF Value™: R$125.47 vs. price of R$106.14 (15.4% below fair value)
  • GF Score™: 79/100 with 2 warning signs
  • Industry Position: 30% above the REITs median (#100 of 680)

No single metric tells the full story. See the BSP:PMLL11 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Patria Malls Fundo de Investimento Imobiliario Responsabilidade Business Description

Industry Real EstateREITs
Address Rua Candelaria, 65, Salas 1701 e 1702-Centro, Rio de Janeiro, RJ, BRA, 20091-020
Patria Malls Fundo de Investimento Imobiliario Responsabilidade Ltd Formerly Malls Brasil Fundo Investimento Imobiliario, formerly Malls Brasil Plural Fundo De Investimento Imobiliario is a Brazalian real estate investment firm. The company is engaged in investing in malls and shopping centres including Maceio Shopping.
79GF Score

Get the complete analysis for BSP:PMLL11

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

R$106.14
Price
R$125.47
GF Value