FRA:NJK's Gross Margin % is ranked better than 74.12% of 680
companies
in the REITs industry
Industry Median: 69.61
vs FRA:NJK: 83.03
Goodman New Zealand and Goodman Property Services had a gross margin of 82.84% for the quarter that ended in Sep. 2025 => Durable competitive advantage
Goodman New Zealand and Goodman Property Services (FRA:NJK) 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
Goodman New Zealand and Goodman Property Services had a gross margin of 82.84% for the quarter that ended in Sep. 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.
Goodman New Zealand and Goodman Property Services Gross Margin % Related Terms
Goodman New Zealand and Goodman Property Services 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.
Goodman New Zealand and Goodman Property Services Gross Margin % Chart
Goodman New Zealand and Goodman Property Services 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.
Goodman New Zealand and Goodman Property Services 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.
Goodman New Zealand and Goodman Property Services (FRA:NJK) has a Gross Margin % of 82.84% as of Sep. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Goodman New Zealand and Goodman Property Services and its competitors. This is 10% above median its historical median of 75.36. Over the past decade, Goodman New Zealand and Goodman Property Services' Gross Margin % has ranged from 66.83 to 83.03. According to the industry distribution chart, Goodman New Zealand and Goodman Property Services ranks #176 out of 680 companies in the REITs industry, placing it in the top 25.9%.
Is Goodman New Zealand and Goodman Property Services' Gross Margin % too high?
Goodman New Zealand and Goodman Property Services' current Gross Margin % of 82.84% is 10% above median its 10-year median of 75.36. Over the past 10 years, this metric has ranged from a low of 66.83 to a high of 83.03. The REITs industry median Gross Margin % is 69.61. Goodman New Zealand and Goodman Property Services' value of 82.84% is 19% above this industry median. Based on the distribution chart, Goodman New Zealand and Goodman Property Services ranks #176 out of 680 companies in the REITs industry, which is above the industry midpoint. Overall, Goodman New Zealand and Goodman Property Services has a GF Score™ of 31/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Goodman New Zealand and Goodman Property Services' Gross Margin % compare to PLD and PSA?
According to the REITs industry distribution chart, Goodman New Zealand and Goodman Property Services ranks #176 out of 680 companies for Gross Margin %. This puts Goodman New Zealand and Goodman Property Services in the upper half of its industry. The industry median Gross Margin % is 69.61. Goodman New Zealand and Goodman Property Services' value of 82.84% is 19% above this benchmark. Historically, Goodman New Zealand and Goodman Property Services' own Gross Margin % has ranged from 66.83 to 83.03 over the past decade. While the company's 10-year median is 75.36 vs. the industry median of 69.61, Goodman New Zealand and Goodman Property Services 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 69.61, 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. Goodman New Zealand and Goodman Property Services's current Gross Margin % of 82.84% is 19% 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 Goodman New Zealand and Goodman Property Services and its competitors. For the REITs industry, the median Gross Margin % is 69.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Goodman New Zealand and Goodman Property Services's current Gross Margin % is 82.84%, which is 10% above median its own 10-year median of 75.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Goodman New Zealand and Goodman Property Services stock overvalued right now?
Based on GuruFocus' analysis, Goodman New Zealand and Goodman Property Services (FRA:NJK) is currently considered Significantly Overvalued. The stock's GF Value™ is €0.74, compared to a current price of €1.00 — trading 35.1% above its estimated fair value. The current Gross Margin % is 82.84%, which is 10% above median its 10-year median of 75.36 and 19% above the REITs industry median of 69.61. Goodman New Zealand and Goodman Property Services' overall GF Score™ is 31/100 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 Goodman New Zealand and Goodman Property Services (FRA:NJK), the current Gross Margin % is 82.84% as of Sep. 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 Goodman New Zealand and Goodman Property Services (FRA:NJK) Overvalued in 2026?
Based on GuruFocus' analysis, Goodman New Zealand and Goodman Property Services stock appears to be overvalued.
The current stock price of €1.00 is trading 35.1% above its estimated GF Value™ of €0.74.
GuruFocus considers Goodman New Zealand and Goodman Property Services to be Significantly Overvalued.
Key valuation signals for FRA:NJK:
Gross Margin %: 82.84% (10% above median its 10-year median of 75.36)
GF Value™: €0.74 vs. price of €1.00 (35.1% above fair value)
Industry Position: 19% above the REITs median (#176 of 680)
No single metric tells the full story. See the FRA:NJK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Goodman New Zealand and Goodman Property Services Business Description
Goodman New Zealand Ltd and Goodman Property Services Ltd, formerly known as Goodman Property Trust, is one of New Zealand's property trusts, with a portfolio composed of industrial estates, businesses, and a development bank. After selling its Christchurch assets, Goodman is 100% Auckland-centric. The focus over the next few years will be on selling lower-quality assets and redeploying capital to industrial property in strategically important locations. The investment is premised on management's view that industrial assets in premium locations will generate superior long-term returns from lower average vacancy and higher rent growth.
31GF Score
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Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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