CDEVF (City Developments) Gross Margin %: 40.59% (As of Dec. 2025) — Near Median


CDEVF City Developments Ltd CDEVF
67 GF Score
Price $6.49
GF Value $4.55
Valuation Significantly Overvalued
! 7 Warning Signs
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What is City Developments Gross Margin %?

City Developments CDEVF -3.85% 67 Gross Margin % is 40.59% as of Dec. 2025, which is 4% below its 10-year median of 42.39. GuruFocus rates CDEVF with a GF Score™ of 67/100 and a GF Value™ of $4.55 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 1,644 Real Estate companies, City Developments ranks better than 54.5% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. City Developments's Gross Profit for the six months ended in Dec. 2025 was $597 Mil. City Developments's Revenue for the six months ended in Dec. 2025 was $1,471 Mil. Therefore, City Developments's Gross Margin % for the quarter that ended in Dec. 2025 was 40.59%.


The historical rank and industry rank for City Developments's Gross Margin % or its related term are showing as below:

CDEVF' s Gross Margin % Range Over the Past 10 Years
Min: 33.36   Med: 42.39   Max: 47.79
Current: 40.79


During the past 13 years, the highest Gross Margin % of City Developments was 47.79%. The lowest was 33.36%. And the median was 42.39%.

CDEVF's Gross Margin % is ranked better than
54.5% of 1644 companies
in the Real Estate industry
Industry Median: 36.96 vs CDEVF: 40.79

City Developments had a gross margin of 40.59% for the quarter that ended in Dec. 2025 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for City Developments was 1.70% per year.


City Developments  (OTCPK:CDEVF) 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

City Developments had a gross margin of 40.59% 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.


City Developments Gross Margin % Related Terms


City Developments Gross Margin % Historical Data

* Premium members only.

The historical data trend for City Developments'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.

City Developments Gross Margin % Chart

City Developments Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 37.23 37.86 33.36 44.69 40.79

City Developments Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 38.53 44.37 44.98 41.01 40.59

City Developments Gross Margin % Competitor Comparison

For the Real Estate - Development subindustry, City Developments'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.


City Developments Gross Margin % vs Real Estate Industry

For the Real Estate industry and Real Estate sector, City Developments's Gross Margin % distribution charts can be found below:

* The bar in red indicates where City Developments's Gross Margin % falls into.


CDEVF
67GF Score
City Developments Ltd CDEVF
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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City Developments Gross Margin % Calculation

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

City Developments'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 )
=1133.6 / 2779.183
=(Revenue - Cost of Goods Sold) / Revenue
=(2779.183 - 1645.572) / 2779.183
=40.79 %

City Developments'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 )
=597.3 / 1471.448
=(Revenue - Cost of Goods Sold) / Revenue
=(1471.448 - 874.116) / 1471.448
=40.59 %

* 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 40.59% mean?
City Developments (CDEVF) has a Gross Margin % of 40.59% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on City Developments and its competitors. This is near median its historical median of 42.39. Over the past decade, City Developments' Gross Margin % has ranged from 33.36 to 47.79. According to the industry distribution chart, City Developments ranks #748 out of 1644 companies in the Real Estate industry, placing it in the top 45.5%.
Is City Developments' Gross Margin % too high?
City Developments' current Gross Margin % of 40.59% is near median its 10-year median of 42.39. Over the past 10 years, this metric has ranged from a low of 33.36 to a high of 47.79. The Real Estate industry median Gross Margin % is 36.96. City Developments' value of 40.59% is 9.8% above this industry median. Based on the distribution chart, City Developments ranks #748 out of 1644 companies in the Real Estate industry, which is above the industry midpoint. Overall, City Developments has a GF Score™ of 67/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does City Developments' Gross Margin % compare to competitors?
According to the Real Estate industry distribution chart, City Developments ranks #748 out of 1644 companies for Gross Margin %. This puts City Developments in the upper half of its industry. The industry median Gross Margin % is 36.96. City Developments' value of 40.59% is 9.8% above this benchmark. Historically, City Developments' own Gross Margin % has ranged from 33.36 to 47.79 over the past decade. While the company's 10-year median is 42.39 vs. the industry median of 36.96, City Developments 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 Real Estate company?
The median Gross Margin % among Real Estate companies is 36.96, based on 1,644 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. City Developments's current Gross Margin % of 40.59% is 9.8% 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 City Developments and its competitors. For the Real Estate industry, the median Gross Margin % is 36.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. City Developments's current Gross Margin % is 40.59%, which is near median its own 10-year median of 42.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is City Developments stock overvalued right now?
Based on GuruFocus' analysis, City Developments (CDEVF) is currently considered Significantly Overvalued. The stock's GF Value™ is $4.55, compared to a current price of $6.49 — trading 42.6% above its estimated fair value. The current Gross Margin % is 40.59%, which is near median its 10-year median of 42.39 and 9.8% above the Real Estate industry median of 36.96. City Developments' overall GF Score™ is 67/100 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 City Developments (CDEVF), the current Gross Margin % is 40.59% 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 City Developments (CDEVF) Overvalued in 2026?

Based on GuruFocus' analysis, City Developments stock appears to be overvalued. The current stock price of $6.49 is trading 42.6% above its estimated GF Value™ of $4.55. GuruFocus considers City Developments to be Significantly Overvalued.

Key valuation signals for CDEVF:

  • Gross Margin %: 40.59% (near median its 10-year median of 42.39)
  • GF Value™: $4.55 vs. price of $6.49 (42.6% above fair value)
  • GF Score™: 67/100 with 7 warning signs
  • Industry Position: 9.8% above the Real Estate median (#748 of 1644)

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


City Developments Business Description

Address 9 Raffles Place, No. 12-01 Republic Plaza, Singapore, SGP, 048619
City Developments Ltd operates as a property developer and owner, and investment holding company. Along with its subsidiaries, its principal activities are those of property developers and owners, hotel owners and operators, a club operator and owner, investment in properties and in shares, property management, project management, and provision of consultancy, procurement, and laundry services. The company's reportable segments are; Property development, Hotel operations, and Investment properties. The majority of the revenue is generated from its Property development segment which develops and purchases properties for sale. Key revenue for the company is generated from its operations in Singapore and the rest from Japan, China, the United States, United Kingdom, and other regions.
67GF Score

Get the complete analysis for CDEVF

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

$6.49
Price
$4.55
GF Value