Keppel DC REITFRA:R09 63 Gross Margin % is 78.52% as of Dec. 2025, which is 4% below its 10-year median of 81.67. GuruFocus rates FRA:R09 with a GF Score™ of 63/100 and a GF Value™ of €1.63 (Fairly Valued). The stock has 10 warning signs investors should review. Among 680 REITs companies, Keppel DC REIT ranks better than 67.5% on this metric.
Keppel DC REIT gross margin has been in long-term decline. The average rate of decline per year is -2%.
The historical rank and industry rank for Keppel DC REIT's Gross Margin % or its related term are showing as below:
FRA:R09'
s Gross Margin % Range Over the Past 10 Years
Min: 74.75 Med: 81.67 Max: 83.62
Current: 78.16
During the past 12 years, the highestGross Margin % of Keppel DC REIT was 83.62%. The lowest was 74.75%. And the median was 81.67%.
FRA:R09's Gross Margin % is ranked better than 67.5% of 680
companies
in the REITs industry
Industry Median: 69.61
vs FRA:R09: 78.16
Keppel DC REIT had a gross margin of 78.52% for the quarter that ended in Dec. 2025 => Durable competitive advantage
The 5-Year average Growth Rate of Gross Margin for Keppel DC REIT was -2.00% per year.
Keppel DC REIT (FRA:R09) 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
Keppel DC REIT had a gross margin of 78.52% 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.
Keppel DC REIT Gross Margin % Related Terms
Keppel DC REIT Gross Margin % Historical Data
* Premium members only.
The historical data trend for Keppel DC REIT'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.
FRA:R09 vs BXP, ARE, VNO: Gross Margin % Comparison
For the REIT - Office subindustry, Keppel DC REIT'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.
Keppel DC REIT Gross Margin % vs REITs Industry
For the REITs industry and Real Estate sector, Keppel DC REIT's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Keppel DC REIT'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.
Keppel DC REIT (FRA:R09) has a Gross Margin % of 78.52% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Keppel DC REIT and its competitors. This is near median its historical median of 81.67. Over the past decade, Keppel DC REIT's Gross Margin % has ranged from 74.75 to 83.62. According to the industry distribution chart, Keppel DC REIT ranks #221 out of 680 companies in the REITs industry, placing it in the top 32.5%.
Is Keppel DC REIT's Gross Margin % too high?
Keppel DC REIT's current Gross Margin % of 78.52% is near median its 10-year median of 81.67. Over the past 10 years, this metric has ranged from a low of 74.75 to a high of 83.62. The REITs industry median Gross Margin % is 69.61. Keppel DC REIT's value of 78.52% is 12.8% above this industry median. Based on the distribution chart, Keppel DC REIT ranks #221 out of 680 companies in the REITs industry, which is above the industry midpoint. Overall, Keppel DC REIT has a GF Score™ of 63/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Keppel DC REIT's Gross Margin % compare to BXP and ARE?
According to the REITs industry distribution chart, Keppel DC REIT ranks #221 out of 680 companies for Gross Margin %. This puts Keppel DC REIT in the upper half of its industry. The industry median Gross Margin % is 69.61. Keppel DC REIT's value of 78.52% is 12.8% above this benchmark. Historically, Keppel DC REIT's own Gross Margin % has ranged from 74.75 to 83.62 over the past decade. While the company's 10-year median is 81.67 vs. the industry median of 69.61, Keppel DC REIT 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. Keppel DC REIT's current Gross Margin % of 78.52% is 12.8% 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 Keppel DC REIT 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. Keppel DC REIT's current Gross Margin % is 78.52%, which is near median its own 10-year median of 81.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Keppel DC REIT stock overvalued right now?
Based on GuruFocus' analysis, Keppel DC REIT (FRA:R09) is currently considered Fairly Valued. The stock's GF Value™ is €1.63, compared to a current price of €1.50 — trading 8% below its estimated fair value. The current Gross Margin % is 78.52%, which is near median its 10-year median of 81.67 and 12.8% above the REITs industry median of 69.61. Keppel DC REIT's overall GF Score™ is 63/100 with 10 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 Keppel DC REIT (FRA:R09), the current Gross Margin % is 78.52% 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 Keppel DC REIT (FRA:R09) Overvalued in 2026?
Based on GuruFocus' analysis, Keppel DC REIT stock appears to be undervalued.
The current stock price of €1.50 is trading 8% below its estimated GF Value™ of €1.63.
GuruFocus considers Keppel DC REIT to be Fairly Valued.
Key valuation signals for FRA:R09:
Gross Margin %: 78.52% (near median its 10-year median of 81.67)
GF Value™: €1.63 vs. price of €1.50 (8% below fair value)
Industry Position: 12.8% above the REITs median (#221 of 680)
No single metric tells the full story. See the FRA:R09 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Keppel DC REIT is a real estate investment trust that principally invests in real estate assets used primarily for data center purposes and assets necessary to support the digital economy. As at March 31, 2026, it held a SGD 6.3 billion portfolio of 25 properties across 10 countries in Asia and Europe. Its properties are leased out as colocation, fully fitted, and shell and core data centers. The trust is externally managed by Keppel DC REIT Management Pte. Ltd., and parent company Keppel Limited owns around a 20% stake in the trust.
63GF Score
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