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First Real Estate Investment Trust of New Jersey (OTCPK:FREVS) 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
First Real Estate Investment Trust of New Jersey had a gross margin of 80.21% for the quarter that ended in Apr. 2026 => 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.
First Real Estate Investment Trust of New Jersey Gross Margin % Related Terms
First Real Estate Investment Trust of New Jersey 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.
First Real Estate Investment Trust of New Jersey Gross Margin % Chart
First Real Estate Investment Trust of New Jersey Annual Data
FREVS vs ELME, MRTI, CLPR: Gross Margin % Comparison
For the REIT - Residential subindustry, First Real Estate Investment Trust of New Jersey'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.
First Real Estate Investment Trust of New Jersey 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.
First Real Estate Investment Trust of New Jersey (FREVS) has a Gross Margin % of 80.21% as of Apr. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on First Real Estate Investment Trust of New Jersey and its competitors. This is near median its historical median of 81.48. Over the past decade, First Real Estate Investment Trust of New Jersey's Gross Margin % has ranged from 79.11 to 85.52. According to the industry distribution chart, First Real Estate Investment Trust of New Jersey ranks #192 out of 666 companies in the REITs industry, placing it in the top 28.8%.
Is First Real Estate Investment Trust of New Jersey's Gross Margin % too high?
First Real Estate Investment Trust of New Jersey's current Gross Margin % of 80.21% is near median its 10-year median of 81.48. Over the past 10 years, this metric has ranged from a low of 79.11 to a high of 85.52. The REITs industry median Gross Margin % is 69.61. First Real Estate Investment Trust of New Jersey's value of 80.21% is 15.2% above this industry median. Based on the distribution chart, First Real Estate Investment Trust of New Jersey ranks #192 out of 666 companies in the REITs industry, which is above the industry midpoint. Overall, First Real Estate Investment Trust of New Jersey has a GF Score™ of 65/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does First Real Estate Investment Trust of New Jersey's Gross Margin % compare to ELME and MRTI?
According to the REITs industry distribution chart, First Real Estate Investment Trust of New Jersey ranks #192 out of 666 companies for Gross Margin %. This puts First Real Estate Investment Trust of New Jersey in the upper half of its industry. The industry median Gross Margin % is 69.61. First Real Estate Investment Trust of New Jersey's value of 80.21% is 15.2% above this benchmark. Historically, First Real Estate Investment Trust of New Jersey's own Gross Margin % has ranged from 79.11 to 85.52 over the past decade. While the company's 10-year median is 81.48 vs. the industry median of 69.61, First Real Estate Investment Trust of New Jersey 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 666 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. First Real Estate Investment Trust of New Jersey's current Gross Margin % of 80.21% is 15.2% 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 First Real Estate Investment Trust of New Jersey 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. First Real Estate Investment Trust of New Jersey's current Gross Margin % is 80.21%, which is near median its own 10-year median of 81.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is First Real Estate Investment Trust of New Jersey stock overvalued right now?
Based on GuruFocus' analysis, First Real Estate Investment Trust of New Jersey (FREVS) is currently considered Modestly Overvalued. The stock's GF Value™ is $17.10, compared to a current price of $21.35 — trading 24.9% above its estimated fair value. The current Gross Margin % is 80.21%, which is near median its 10-year median of 81.48 and 15.2% above the REITs industry median of 69.61. First Real Estate Investment Trust of New Jersey's overall GF Score™ is 65/100 with 9 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 First Real Estate Investment Trust of New Jersey (FREVS), the current Gross Margin % is 80.21% as of Apr. 2026. 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 First Real Estate Investment Trust of New Jersey (FREVS) Overvalued in 2026?
Based on GuruFocus' analysis, First Real Estate Investment Trust of New Jersey stock appears to be overvalued.
The current stock price of $21.35 is trading 24.9% above its estimated GF Value™ of $17.10.
GuruFocus considers First Real Estate Investment Trust of New Jersey to be Modestly Overvalued.
Key valuation signals for FREVS:
Gross Margin %: 80.21% (near median its 10-year median of 81.48)
GF Value™: $17.10 vs. price of $21.35 (24.9% above fair value)
Industry Position: 15.2% above the REITs median (#192 of 666)
No single metric tells the full story. See the FREVS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
First Real Estate Investment Trust of New Jersey Inc operates in the real estate sector of the United States. It implies the investment in real estate properties and passing on a regular income and benefit of capital appreciation to its shareholders. The company operates in two reportable segments; commercial properties and residential properties. Its revenues consist of fixed rental income from its residential and commercial properties and additional rent in the form of expense reimbursements acquired from its income-producing commercial properties. The majority of revenue is derived from the Residential properties segment.
65GF Score
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