TrisulBSP:TRIS3 +1.69%92 Gross Margin % is 25.49% as of Mar. 2026, which is 14% below its 10-year median of 29.49. GuruFocus rates BSP:TRIS3 with a GF Score™ of 92/100 and a GF Value™ of R$6.44 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 1,642 Real Estate companies, Trisul ranks worse than 63.4% on this metric.
Gross Margin % is calculated as gross profit divided by its revenue. Trisul's Gross Profit for the
three
months ended in Mar. 2026 was R$87 Mil. Trisul's Revenue for the
three
months ended in Mar. 2026 was R$343 Mil. Therefore, Trisul's Gross Margin % for the quarter that ended in Mar. 2026 was 25.49%.
Warning Sign:
Trisul SA gross margin has been in long-term decline. The average rate of decline per year is -5.5%.
The historical rank and industry rank for Trisul's Gross Margin % or its related term are showing as below:
BSP:TRIS3'
s Gross Margin % Range Over the Past 10 Years
Min: 23.36 Med: 29.49 Max: 36.67
Current: 27.82
During the past 13 years, the highestGross Margin % of Trisul was 36.67%. The lowest was 23.36%. And the median was 29.49%.
BSP:TRIS3's Gross Margin % is ranked worse than 63.4% of 1642
companies
in the Real Estate industry
Industry Median: 37
vs BSP:TRIS3: 27.82
Trisul had a gross margin of 25.49% for the quarter that ended in Mar. 2026 => Competition eroding margins
The 5-Year average Growth Rate of Gross Margin for Trisul was -5.50% per year.
Trisul (BSP:TRIS3) 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
Trisul had a gross margin of 25.49% for the quarter that ended in Mar. 2026 => 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.
Trisul Gross Margin % Related Terms
Trisul Gross Margin % Historical Data
* Premium members only.
The historical data trend for Trisul'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.
BSP:TRIS3 vs CBRE, BEKE, JLL: Gross Margin % Comparison
For the Real Estate Services subindustry, Trisul'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.
Trisul Gross Margin % vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Trisul's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Trisul'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.
Trisul (BSP:TRIS3) has a Gross Margin % of 25.49% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Trisul and its competitors. This is 14% below median its historical median of 29.49. Over the past decade, Trisul's Gross Margin % has ranged from 23.36 to 36.67. According to the industry distribution chart, Trisul ranks #1041 out of 1642 companies in the Real Estate industry, placing it in the top 63.4%.
Is Trisul's Gross Margin % too high?
Trisul's current Gross Margin % of 25.49% is 14% below median its 10-year median of 29.49. Over the past 10 years, this metric has ranged from a low of 23.36 to a high of 36.67. The Real Estate industry median Gross Margin % is 37.00. Trisul's value of 25.49% is 31.1% below this industry median. Based on the distribution chart, Trisul ranks #1041 out of 1642 companies in the Real Estate industry, which is below the industry midpoint. Overall, Trisul has a GF Score™ of 92/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Trisul's Gross Margin % compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Trisul ranks #1041 out of 1642 companies for Gross Margin %. This places Trisul in the lower half of its industry. The industry median Gross Margin % is 37.00. Trisul's value of 25.49% is 31.1% below this benchmark. Historically, Trisul's own Gross Margin % has ranged from 23.36 to 36.67 over the past decade. While the company's 10-year median is 29.49 vs. the industry median of 37.00, Trisul 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 Real Estate company?
The median Gross Margin % among Real Estate companies is 37.00, based on 1,642 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. Trisul's current Gross Margin % of 25.49% is 31.1% 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 Trisul and its competitors. For the Real Estate industry, the median Gross Margin % is 37.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Trisul's current Gross Margin % is 25.49%, which is 14% below median its own 10-year median of 29.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Trisul stock overvalued right now?
Based on GuruFocus' analysis, Trisul (BSP:TRIS3) is currently considered Possible Value Trap. The stock's GF Value™ is R$6.44, compared to a current price of R$4.21 — trading 34.6% below its estimated fair value. The current Gross Margin % is 25.49%, which is 14% below median its 10-year median of 29.49 and 31.1% below the Real Estate industry median of 37.00. Trisul's overall GF Score™ is 92/100 with 7 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 Trisul (BSP:TRIS3), the current Gross Margin % is 25.49% 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 Trisul (BSP:TRIS3) Overvalued in 2026?
Based on GuruFocus' analysis, Trisul stock appears to be undervalued.
The current stock price of R$4.21 is trading 34.6% below its estimated GF Value™ of R$6.44.
GuruFocus considers Trisul to be Possible Value Trap.
Key valuation signals for BSP:TRIS3:
Gross Margin %: 25.49% (14% below median its 10-year median of 29.49)
GF Value™: R$6.44 vs. price of R$4.21 (34.6% below fair value)
Industry Position: 31.1% below the Real Estate median (#1041 of 1642)
No single metric tells the full story. See the BSP:TRIS3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Trisul SA mainly operates as a real estate developer and builder in the Sao Paulo metropolitan area of Brazil, focusing on residential projects. It is engaged in real estate development, construction of properties for sale, subdivision of plots of land, and purchase and sale of properties, in addition to holding ownership interests in other companies as a shareholder. It operates in a single segment, real estate development. The majority of the company's revenue is generated from the sale of properties.
92GF Score
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