Suno Recebiveis Imobiliarios Fundo DE Investimento Imobiliario Resa (BSP:SNCI11) Gross Margin %: 94.68% (As of Dec. 2025) — Near Median

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BSP:SNCI11 Suno Recebiveis Imobiliarios Fundo DE Investimento Imobiliario Res Ltda BSP:SNCI11
58 GF Score
Price R$87.44
GF Value R$144.00
Valuation Significantly Undervalued
! 1 Warning Sign
View Full Analysis

What is Suno Recebiveis Imobiliarios Fundo DE Investimento Imobiliario Resa Gross Margin %?

Suno Recebiveis Imobiliarios Fundo DE Investimento Imobiliario Resa BSP:SNCI11 -0.57% 58 Gross Margin % is 94.68% as of Dec. 2025, which is 2% above its 10-year median of 92.50. GuruFocus rates BSP:SNCI11 with a GF Score™ of 58/100 and a GF Value™ of R$144.00 (Significantly Undervalued). The stock has 1 warning sign investors should review. Among 678 REITs companies, Suno Recebiveis Imobiliarios Fundo DE Investimento Imobiliario Resa ranks better than 89.97% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Suno Recebiveis Imobiliarios Fundo DE Investimento Imobiliario Resa's Gross Profit for the six months ended in Dec. 2025 was R$53.23 Mil. Suno Recebiveis Imobiliarios Fundo DE Investimento Imobiliario Resa's Revenue for the six months ended in Dec. 2025 was R$56.22 Mil. Therefore, Suno Recebiveis Imobiliarios Fundo DE Investimento Imobiliario Resa's Gross Margin % for the quarter that ended in Dec. 2025 was 94.68%.


The historical rank and industry rank for Suno Recebiveis Imobiliarios Fundo DE Investimento Imobiliario Resa's Gross Margin % or its related term are showing as below:

BSP:SNCI11' s Gross Margin % Range Over the Past 10 Years
Min: 90.62   Med: 92.5   Max: 94.68
Current: 94.68


During the past 5 years, the highest Gross Margin % of Suno Recebiveis Imobiliarios Fundo DE Investimento Imobiliario Resa was 94.68%. The lowest was 90.62%. And the median was 92.50%.

BSP:SNCI11's Gross Margin % is ranked better than
89.97% of 678 companies
in the REITs industry
Industry Median: 69.925 vs BSP:SNCI11: 94.68

Suno Recebiveis Imobiliarios Fundo DE Investimento Imobiliario Resa had a gross margin of 94.68% for the quarter that ended in Dec. 2025 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Suno Recebiveis Imobiliarios Fundo DE Investimento Imobiliario Resa was 0.00% per year.


Suno Recebiveis Imobiliarios Fundo DE Investimento Imobiliario Resa  (BSP:SNCI11) 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

Suno Recebiveis Imobiliarios Fundo DE Investimento Imobiliario Resa had a gross margin of 94.68% 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.


Suno Recebiveis Imobiliarios Fundo DE Investimento Imobiliario Resa Gross Margin % Related Terms


Suno Recebiveis Imobiliarios Fundo DE Investimento Imobiliario Resa Gross Margin % Historical Data

* Premium members only.

The historical data trend for Suno Recebiveis Imobiliarios Fundo DE Investimento Imobiliario Resa'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.

Suno Recebiveis Imobiliarios Fundo DE Investimento Imobiliario Resa Gross Margin % Chart

Suno Recebiveis Imobiliarios Fundo DE Investimento Imobiliario Resa Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Gross Margin %
0.00 90.62 93.87 91.12 94.68

Suno Recebiveis Imobiliarios Fundo DE Investimento Imobiliario Resa Semi-Annual Data
Dec21 Dec22 Dec23 Dec24 Dec25
Gross Margin % 0.00 90.62 93.87 91.12 94.68

BSP:SNCI11 vs NLY, AGNC, STWD: Gross Margin % Comparison

For the REIT - Mortgage subindustry, Suno Recebiveis Imobiliarios Fundo DE Investimento Imobiliario Resa'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.


Suno Recebiveis Imobiliarios Fundo DE Investimento Imobiliario Resa Gross Margin % vs REITs Industry

For the REITs industry and Real Estate sector, Suno Recebiveis Imobiliarios Fundo DE Investimento Imobiliario Resa's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Suno Recebiveis Imobiliarios Fundo DE Investimento Imobiliario Resa's Gross Margin % falls into.


BSP:SNCI11
58GF Score
Suno Recebiveis Imobiliarios Fundo DE Investimento Imobiliario Res Ltda BSP:SNCI11
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Suno Recebiveis Imobiliarios Fundo DE Investimento Imobiliario Resa Gross Margin % Calculation

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

Suno Recebiveis Imobiliarios Fundo DE Investimento Imobiliario Resa'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 )
=53.2 / 56.221
=(Revenue - Cost of Goods Sold) / Revenue
=(56.221 - 2.989) / 56.221
=94.68 %

Suno Recebiveis Imobiliarios Fundo DE Investimento Imobiliario Resa'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 )
=53.2 / 56.221
=(Revenue - Cost of Goods Sold) / Revenue
=(56.221 - 2.989) / 56.221
=94.68 %

* 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 94.68% mean?
Suno Recebiveis Imobiliarios Fundo DE Investimento Imobiliario Resa (BSP:SNCI11) has a Gross Margin % of 94.68% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Suno Recebiveis Imobiliarios Fundo DE Investimento Imobiliario Resa and its competitors. This is near median its historical median of 92.50. Over the past decade, Suno Recebiveis Imobiliarios Fundo DE Investimento Imobiliario Resa's Gross Margin % has ranged from 90.62 to 94.68. According to the industry distribution chart, Suno Recebiveis Imobiliarios Fundo DE Investimento Imobiliario Resa ranks #68 out of 678 companies in the REITs industry, placing it in the top 10%.
Is Suno Recebiveis Imobiliarios Fundo DE Investimento Imobiliario Resa's Gross Margin % too high?
Suno Recebiveis Imobiliarios Fundo DE Investimento Imobiliario Resa's current Gross Margin % of 94.68% is near median its 10-year median of 92.50. Over the past 10 years, this metric has ranged from a low of 90.62 to a high of 94.68. The REITs industry median Gross Margin % is 69.93. Suno Recebiveis Imobiliarios Fundo DE Investimento Imobiliario Resa's value of 94.68% is 35.4% above this industry median. Based on the distribution chart, Suno Recebiveis Imobiliarios Fundo DE Investimento Imobiliario Resa ranks #68 out of 678 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, Suno Recebiveis Imobiliarios Fundo DE Investimento Imobiliario Resa has a GF Score™ of 58/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Suno Recebiveis Imobiliarios Fundo DE Investimento Imobiliario Resa's Gross Margin % compare to NLY and AGNC?
According to the REITs industry distribution chart, Suno Recebiveis Imobiliarios Fundo DE Investimento Imobiliario Resa ranks #68 out of 678 companies for Gross Margin %. This places Suno Recebiveis Imobiliarios Fundo DE Investimento Imobiliario Resa in the top 10% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 69.93. Suno Recebiveis Imobiliarios Fundo DE Investimento Imobiliario Resa's value of 94.68% is 35.4% above this benchmark. Historically, Suno Recebiveis Imobiliarios Fundo DE Investimento Imobiliario Resa's own Gross Margin % has ranged from 90.62 to 94.68 over the past decade. While the company's 10-year median is 92.50 vs. the industry median of 69.93, Suno Recebiveis Imobiliarios Fundo DE Investimento Imobiliario Resa 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 69.93, based on 678 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. Suno Recebiveis Imobiliarios Fundo DE Investimento Imobiliario Resa's current Gross Margin % of 94.68% is 35.4% 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 Suno Recebiveis Imobiliarios Fundo DE Investimento Imobiliario Resa 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. Suno Recebiveis Imobiliarios Fundo DE Investimento Imobiliario Resa's current Gross Margin % is 94.68%, which is near median its own 10-year median of 92.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Suno Recebiveis Imobiliarios Fundo DE Investimento Imobiliario Resa stock overvalued right now?
Based on GuruFocus' analysis, Suno Recebiveis Imobiliarios Fundo DE Investimento Imobiliario Resa (BSP:SNCI11) is currently considered Significantly Undervalued. The stock's GF Value™ is R$144.00, compared to a current price of R$87.44 — trading 39.3% below its estimated fair value. The current Gross Margin % is 94.68%, which is near median its 10-year median of 92.50 and 35.4% above the REITs industry median of 69.93. Suno Recebiveis Imobiliarios Fundo DE Investimento Imobiliario Resa's overall GF Score™ is 58/100 with 1 warning sign 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 Suno Recebiveis Imobiliarios Fundo DE Investimento Imobiliario Resa (BSP:SNCI11), the current Gross Margin % is 94.68% 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 Suno Recebiveis Imobiliarios Fundo DE Investimento Imobiliario Resa (BSP:SNCI11) Overvalued in 2026?

Based on GuruFocus' analysis, Suno Recebiveis Imobiliarios Fundo DE Investimento Imobiliario Resa stock appears to be undervalued. The current stock price of R$87.44 is trading 39.3% below its estimated GF Value™ of R$144.00. GuruFocus considers Suno Recebiveis Imobiliarios Fundo DE Investimento Imobiliario Resa to be Significantly Undervalued.

Key valuation signals for BSP:SNCI11:

  • Gross Margin %: 94.68% (near median its 10-year median of 92.50)
  • GF Value™: R$144.00 vs. price of R$87.44 (39.3% below fair value)
  • GF Score™: 58/100 with 1 warning sign
  • Industry Position: 35.4% above the REITs median (#68 of 678)

No single metric tells the full story. See the BSP:SNCI11 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Suno Recebiveis Imobiliarios Fundo DE Investimento Imobiliario Resa Business Description

Industry Real EstateREITs
Address Botafogo Beach, 501, 6th Floor, Rio de Janeiro, RJ, BRA, 22250040
Suno Recebiveis Imobiliarios Fundo DE Investimento Imobiliario Res Ltda objective is to invest, in real estate receivables certificates that include mortgage bills (LH); real estate credit bills (LCI); guaranteed real estate bills (LIG); certificates of additional construction potential issued pursuant to CVM Resolution 84; quotas of private equity investment funds; quotas of credit rights investment funds; shares or quotas of companies; shares, debentures, subscription warrants, their coupons, rights, subscription receipts, and other financial assets, securities, and marketable securities; real estate, as well as in any real rights over real estate, or through indirect investment in real estate by means of acquiring other Target Assets; and other financial assets, titles, and securities.
58GF Score

Get the complete analysis for BSP:SNCI11

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

R$87.44
Price
R$144.00
GF Value