Altarea SCA (CHIX:ALTAP) Gross Margin %: 23.36% (As of Dec. 2025) — Near Median


CHIX:ALTAP Altarea SCA CHIX:ALTAP
66 GF Score
Price €96.95
GF Value €74.11
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Altarea SCA Gross Margin %?

Altarea SCA CHIX:ALTAP 66 Gross Margin % is 23.36% as of Dec. 2025, which is 8% below its 10-year median of 25.27. GuruFocus rates CHIX:ALTAP with a GF Score™ of 66/100 and a GF Value™ of €74.11 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 680 REITs companies, Altarea SCA ranks worse than 95.29% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Altarea SCA's Gross Profit for the six months ended in Dec. 2025 was €256 Mil. Altarea SCA's Revenue for the six months ended in Dec. 2025 was €1,095 Mil. Therefore, Altarea SCA's Gross Margin % for the quarter that ended in Dec. 2025 was 23.36%.


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

CHIX:ALTAp' s Gross Margin % Range Over the Past 10 Years
Min: 20.2   Med: 25.27   Max: 31.32
Current: 25.58


During the past 13 years, the highest Gross Margin % of Altarea SCA was 31.32%. The lowest was 20.20%. And the median was 25.27%.

CHIX:ALTAp's Gross Margin % is ranked worse than
95.29% of 680 companies
in the REITs industry
Industry Median: 69.705 vs CHIX:ALTAp: 25.58

Altarea SCA had a gross margin of 23.36% for the quarter that ended in Dec. 2025 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Altarea SCA was -0.10% per year.


Altarea SCA  (CHIX:ALTAp) 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

Altarea SCA had a gross margin of 23.36% 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.


Altarea SCA Gross Margin % Related Terms


Altarea SCA Gross Margin % Historical Data

* Premium members only.

The historical data trend for Altarea SCA'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.

Altarea SCA Gross Margin % Chart

Altarea SCA 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 24.16 25.96 20.20 21.85 25.58

Altarea SCA 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 18.44 23.21 20.81 28.20 23.36

CHIX:ALTAP vs AVB, EQR, ESS: Gross Margin % Comparison

For the REIT - Residential subindustry, Altarea SCA'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.


Altarea SCA Gross Margin % vs REITs Industry

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

* The bar in red indicates where Altarea SCA's Gross Margin % falls into.


CHIX:ALTAP
66GF Score
Altarea SCA CHIX:ALTAP
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Altarea SCA Gross Margin % Calculation

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

Altarea SCA'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 )
=516.3 / 2018.6
=(Revenue - Cost of Goods Sold) / Revenue
=(2018.6 - 1502.3) / 2018.6
=25.58 %

Altarea SCA'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 )
=255.7 / 1094.6
=(Revenue - Cost of Goods Sold) / Revenue
=(1094.6 - 838.9) / 1094.6
=23.36 %

* 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 23.36% mean?
Altarea SCA (CHIX:ALTAP) has a Gross Margin % of 23.36% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Altarea SCA and its competitors. This is near median its historical median of 25.27. Over the past decade, Altarea SCA's Gross Margin % has ranged from 20.20 to 31.32. According to the industry distribution chart, Altarea SCA ranks #648 out of 680 companies in the REITs industry, placing it in the top 95.3%.
Is Altarea SCA's Gross Margin % too high?
Altarea SCA's current Gross Margin % of 23.36% is near median its 10-year median of 25.27. Over the past 10 years, this metric has ranged from a low of 20.20 to a high of 31.32. The REITs industry median Gross Margin % is 69.71. Altarea SCA's value of 23.36% is 66.5% below this industry median. Based on the distribution chart, Altarea SCA ranks #648 out of 680 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Altarea SCA has a GF Score™ of 66/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Altarea SCA's Gross Margin % compare to AVB and EQR?
According to the REITs industry distribution chart, Altarea SCA ranks #648 out of 680 companies for Gross Margin %. This places Altarea SCA in the lower half of its industry. The industry median Gross Margin % is 69.71. Altarea SCA's value of 23.36% is 66.5% below this benchmark. Historically, Altarea SCA's own Gross Margin % has ranged from 20.20 to 31.32 over the past decade. While the company's 10-year median is 25.27 vs. the industry median of 69.71, Altarea SCA 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 69.71, based on 680 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. Altarea SCA's current Gross Margin % of 23.36% is 66.5% 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 Altarea SCA and its competitors. For the REITs industry, the median Gross Margin % is 69.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Altarea SCA's current Gross Margin % is 23.36%, which is near median its own 10-year median of 25.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Altarea SCA stock overvalued right now?
Based on GuruFocus' analysis, Altarea SCA (CHIX:ALTAP) is currently considered Significantly Overvalued. The stock's GF Value™ is €74.11, compared to a current price of €96.95 — trading 30.8% above its estimated fair value. The current Gross Margin % is 23.36%, which is near median its 10-year median of 25.27 and 66.5% below the REITs industry median of 69.71. Altarea SCA's overall GF Score™ is 66/100 with 6 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 Altarea SCA (CHIX:ALTAP), the current Gross Margin % is 23.36% 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 Altarea SCA (CHIX:ALTAP) Overvalued in 2026?

Based on GuruFocus' analysis, Altarea SCA stock appears to be overvalued. The current stock price of €96.95 is trading 30.8% above its estimated GF Value™ of €74.11. GuruFocus considers Altarea SCA to be Significantly Overvalued.

Key valuation signals for CHIX:ALTAP:

  • Gross Margin %: 23.36% (near median its 10-year median of 25.27)
  • GF Value™: €74.11 vs. price of €96.95 (30.8% above fair value)
  • GF Score™: 66/100 with 6 warning signs
  • Industry Position: 66.5% below the REITs median (#648 of 680)

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


Altarea SCA Business Description

Industry Real EstateREITs
Address 87 rue de Richelieu, Paris, FRA, 75008
Altarea SCA is a real estate investment trust predominantly engaged in the acquisition, development, and management of properties throughout Western and Southern Europe. The company's real estate portfolio is composed of residential, retail, office, and mixed-use spaces. Altarea derives the majority of its revenue from rental income related to the leasing of its real estate assets. Its operating segments are; Retail; Residential; Business property; New businesses; and Others. Maximum rental income is generated from the Retail segment which consists of shopping centers under management or development. Geographically, it generates maximum revenue from France and the rest from Italy, Spain, and other regions.
66GF Score

Get the complete analysis for CHIX:ALTAP

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

€96.95
Price
€74.11
GF Value