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BSP:PNDL11's Gross Margin % is not ranked
in the REITs industry.
Industry Median: 69.93
vs BSP:PNDL11: 27.17
Panorama Desenvolvimento Logistico - Fundo De Investimento Imobiliario had a gross margin of 27.17% for the quarter that ended in Dec. 2025 => Competition eroding margins
Panorama Desenvolvimento Logistico - Fundo De Investimento Imobiliario (BSP:PNDL11) 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
Panorama Desenvolvimento Logistico - Fundo De Investimento Imobiliario had a gross margin of 27.17% for the quarter that ended in Dec. 2025 => Competition eroding margins
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.
Panorama Desenvolvimento Logistico - Fundo De Investimento Imobiliario Gross Margin % Related Terms
Panorama Desenvolvimento Logistico - Fundo De Investimento Imobiliario 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.
Panorama Desenvolvimento Logistico - Fundo De Investimento Imobiliario Gross Margin % Chart
Panorama Desenvolvimento Logistico - Fundo De Investimento Imobiliario Annual Data
Trend
Dec22
Dec23
Dec24
Dec25
Gross Margin %
34.54
46.44
-149.82
27.17
Panorama Desenvolvimento Logistico - Fundo De Investimento Imobiliario Semi-Annual Data
Dec22
Dec23
Dec24
Dec25
Gross Margin %
34.54
46.44
-149.82
27.17
BSP:PNDL11 vs VICI, WPC: Gross Margin % Comparison
* 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.
Panorama Desenvolvimento Logistico - Fundo De Investimento Imobiliario Gross Margin % vs REITs 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.
Panorama Desenvolvimento Logistico - Fundo De Investimento Imobiliario (BSP:PNDL11) has a Gross Margin % of 27.17% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Panorama Desenvolvimento Logistico - Fundo De Investimento Imobiliario and its competitors. This is 12% below median its historical median of 30.86.
Is Panorama Desenvolvimento Logistico - Fundo De Investimento Imobiliario's Gross Margin % too high?
Panorama Desenvolvimento Logistico - Fundo De Investimento Imobiliario's current Gross Margin % of 27.17% is 12% below median its 10-year median of 30.86. The REITs industry median Gross Margin % is 69.93. Panorama Desenvolvimento Logistico - Fundo De Investimento Imobiliario's value of 27.17% is 61.1% below this industry median. Overall, Panorama Desenvolvimento Logistico - Fundo De Investimento Imobiliario has a GF Score™ of 7/100, reflecting its overall financial health beyond just this single metric.
How does Panorama Desenvolvimento Logistico - Fundo De Investimento Imobiliario's Gross Margin % compare to VICI and WPC?
Panorama Desenvolvimento Logistico - Fundo De Investimento Imobiliario's Gross Margin % of 27.17% can be compared against companies in the REITs industry. The industry median Gross Margin % is 69.93. Panorama Desenvolvimento Logistico - Fundo De Investimento Imobiliario's value of 27.17% is 61.1% below this benchmark. While the company's 10-year median is 30.86 vs. the industry median of 69.93, Panorama Desenvolvimento Logistico - Fundo De Investimento Imobiliario has consistently been below 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 69.93, based on 679 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. Panorama Desenvolvimento Logistico - Fundo De Investimento Imobiliario's current Gross Margin % of 27.17% is 61.1% below 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 Panorama Desenvolvimento Logistico - Fundo De Investimento Imobiliario and its competitors. For the REITs industry, the median Gross Margin % is 69.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Panorama Desenvolvimento Logistico - Fundo De Investimento Imobiliario's current Gross Margin % is 27.17%, which is 12% below median its own 10-year median of 30.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Panorama Desenvolvimento Logistico - Fundo De Investimento Imobiliario stock overvalued right now?
Panorama Desenvolvimento Logistico - Fundo De Investimento Imobiliario (BSP:PNDL11) has a current Gross Margin % of 27.17%. The stock's GF Value™ is R$642.80, compared to a current price of R$160.00 — trading 75.1% below its estimated fair value. The current Gross Margin % is 27.17%, which is 12% below median its 10-year median of 30.86 and 61.1% below the REITs industry median of 69.93. Panorama Desenvolvimento Logistico - Fundo De Investimento Imobiliario's overall GF Score™ is 7/100 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 Panorama Desenvolvimento Logistico - Fundo De Investimento Imobiliario (BSP:PNDL11), the current Gross Margin % is 27.17% 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 Panorama Desenvolvimento Logistico - Fundo De Investimento Imobiliario (BSP:PNDL11) Overvalued in 2026?
Based on GuruFocus' analysis, Panorama Desenvolvimento Logistico - Fundo De Investimento Imobiliario stock appears to be undervalued.
The current stock price of R$160.00 is trading 75.1% below its estimated GF Value™ of R$642.80.
Key valuation signals for BSP:PNDL11:
Gross Margin %: 27.17% (12% below median its 10-year median of 30.86)
GF Value™: R$642.80 vs. price of R$160.00 (75.1% below fair value)
No single metric tells the full story. See the BSP:PNDL11 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Panorama Desenvolvimento Logistico - Fundo De Investimento Imobiliario Business Description
Panorama Desenvolvimento Logistico - Fundo De Investimento Imobiliario is a real estate investment fund. The objective of this fund is the development (greenfield) or direct investment in real estate for subsequent sale or income generation, as well as in any real rights over the properties, or, alternatively, through indirect investment in real estate by acquiring real estate assets, as well as capital gains obtained from the purchase and sale of the properties or real estate assets.
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