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BSP:VSHO11's Gross Margin % is ranked better than 76.7% of 678
companies
in the REITs industry
Industry Median: 69.925
vs BSP:VSHO11: 85.07
Fundo DE Investimento Imobiliario Votorantim Shopping had a gross margin of 85.07% for the quarter that ended in Jun. 2025 => Durable competitive advantage
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
Fundo DE Investimento Imobiliario Votorantim Shopping had a gross margin of 85.07% for the quarter that ended in Jun. 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.
Fundo DE Investimento Imobiliario Votorantim Shopping Gross Margin % Related Terms
Fundo DE Investimento Imobiliario Votorantim Shopping 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.
Fundo DE Investimento Imobiliario Votorantim Shopping Gross Margin % Chart
Fundo DE Investimento Imobiliario Votorantim Shopping Annual Data
* 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.
Fundo DE Investimento Imobiliario Votorantim Shopping 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.
Fundo DE Investimento Imobiliario Votorantim Shopping (BSP:VSHO11) has a Gross Margin % of 85.07% as of Jun. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Fundo DE Investimento Imobiliario Votorantim Shopping and its competitors. This is near median its historical median of 78.88. Over the past decade, Fundo DE Investimento Imobiliario Votorantim Shopping's Gross Margin % has ranged from 69.41 to 85.07. According to the industry distribution chart, Fundo DE Investimento Imobiliario Votorantim Shopping ranks #158 out of 678 companies in the REITs industry, placing it in the top 23.3%.
Is Fundo DE Investimento Imobiliario Votorantim Shopping's Gross Margin % too high?
Fundo DE Investimento Imobiliario Votorantim Shopping's current Gross Margin % of 85.07% is near median its 10-year median of 78.88. Over the past 10 years, this metric has ranged from a low of 69.41 to a high of 85.07. The REITs industry median Gross Margin % is 69.93. Fundo DE Investimento Imobiliario Votorantim Shopping's value of 85.07% is 21.7% above this industry median. Based on the distribution chart, Fundo DE Investimento Imobiliario Votorantim Shopping ranks #158 out of 678 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, Fundo DE Investimento Imobiliario Votorantim Shopping has a GF Score™ of 78/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Fundo DE Investimento Imobiliario Votorantim Shopping's Gross Margin % compare to SPG and O?
According to the REITs industry distribution chart, Fundo DE Investimento Imobiliario Votorantim Shopping ranks #158 out of 678 companies for Gross Margin %. This places Fundo DE Investimento Imobiliario Votorantim Shopping in the top 23% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 69.93. Fundo DE Investimento Imobiliario Votorantim Shopping's value of 85.07% is 21.7% above this benchmark. Historically, Fundo DE Investimento Imobiliario Votorantim Shopping's own Gross Margin % has ranged from 69.41 to 85.07 over the past decade. While the company's 10-year median is 78.88 vs. the industry median of 69.93, Fundo DE Investimento Imobiliario Votorantim Shopping 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. Fundo DE Investimento Imobiliario Votorantim Shopping's current Gross Margin % of 85.07% is 21.7% 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 Fundo DE Investimento Imobiliario Votorantim Shopping 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. Fundo DE Investimento Imobiliario Votorantim Shopping's current Gross Margin % is 85.07%, which is near median its own 10-year median of 78.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fundo DE Investimento Imobiliario Votorantim Shopping stock overvalued right now?
Based on GuruFocus' analysis, Fundo DE Investimento Imobiliario Votorantim Shopping (BSP:VSHO11) is currently considered Modestly Undervalued. The stock's GF Value™ is R$86.51, compared to a current price of R$74.14 — trading 14.3% below its estimated fair value. The current Gross Margin % is 85.07%, which is near median its 10-year median of 78.88 and 21.7% above the REITs industry median of 69.93. Fundo DE Investimento Imobiliario Votorantim Shopping's overall GF Score™ is 78/100 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 Fundo DE Investimento Imobiliario Votorantim Shopping (BSP:VSHO11), the current Gross Margin % is 85.07% as of Jun. 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 Fundo DE Investimento Imobiliario Votorantim Shopping (BSP:VSHO11) Overvalued in 2026?
Based on GuruFocus' analysis, Fundo DE Investimento Imobiliario Votorantim Shopping stock appears to be undervalued.
The current stock price of R$74.14 is trading 14.3% below its estimated GF Value™ of R$86.51.
GuruFocus considers Fundo DE Investimento Imobiliario Votorantim Shopping to be Modestly Undervalued.
Key valuation signals for BSP:VSHO11:
Gross Margin %: 85.07% (near median its 10-year median of 78.88)
GF Value™: R$86.51 vs. price of R$74.14 (14.3% below fair value)
Industry Position: 21.7% above the REITs median (#158 of 678)
No single metric tells the full story. See the BSP:VSHO11 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Fundo DE Investimento Imobiliario Votorantim Shopping Business Description
Fundo DE Investimento Imobiliario Votorantim Shopping is a closed-end fund with an indefinite term, divided into registered, book-entry shares that correspond to ideal fractions of its assets. The fund's objective is to provide shareholders with returns on their investment through the partial or total acquisition of real estate, real rights over real estate, including shares, units of special purpose entities or units of real estate investment funds, for the purpose of commercial exploitation of real estate ventures related to shopping centers and related activities, such as strip malls, outlets or power centers.
78GF Score
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