GSW Immobilien AG (HAM:GIB) Gross Margin %: 25.08% (As of Dec. 2025) — 42% Below Median

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HAM:GIB GSW Immobilien AG HAM:GIB
51 GF Score
Price €64.50
GF Value €152.55
Valuation Significantly Undervalued
! 6 Warning Signs
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What is GSW Immobilien AG Gross Margin %?

GSW Immobilien AG HAM:GIB 51 Gross Margin % is 25.08% as of Dec. 2025, which is 42% below its 10-year median of 43.17. GuruFocus rates HAM:GIB with a GF Score™ of 51/100 and a GF Value™ of €152.55 (Significantly Undervalued). The stock has 6 warning signs investors should review. Among 1,640 Real Estate companies, GSW Immobilien AG ranks worse than 67.99% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. GSW Immobilien AG's Gross Profit for the six months ended in Dec. 2025 was €110.4 Mil. GSW Immobilien AG's Revenue for the six months ended in Dec. 2025 was €440.3 Mil. Therefore, GSW Immobilien AG's Gross Margin % for the quarter that ended in Dec. 2025 was 25.08%.

Warning Sign:

GSW Immobilien AG gross margin has been in long-term decline. The average rate of decline per year is -14.8%.


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

HAM:GIB' s Gross Margin % Range Over the Past 10 Years
Min: 25.08   Med: 43.17   Max: 89.22
Current: 25.08


During the past 13 years, the highest Gross Margin % of GSW Immobilien AG was 89.22%. The lowest was 25.08%. And the median was 43.17%.

HAM:GIB's Gross Margin % is ranked worse than
67.99% of 1640 companies
in the Real Estate industry
Industry Median: 36.71 vs HAM:GIB: 25.08

GSW Immobilien AG had a gross margin of 25.08% for the quarter that ended in Dec. 2025 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for GSW Immobilien AG was -14.80% per year.


GSW Immobilien AG  (HAM:GIB) 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

GSW Immobilien AG had a gross margin of 25.08% 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.


GSW Immobilien AG Gross Margin % Related Terms


GSW Immobilien AG Gross Margin % Historical Data

* Premium members only.

The historical data trend for GSW Immobilien AG'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.

GSW Immobilien AG Gross Margin % Chart

GSW Immobilien AG 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 39.60 40.58 40.66 35.00 25.08

GSW Immobilien AG Semi-Annual Data
Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 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 39.60 40.58 40.66 35.00 25.08

HAM:GIB vs CBRE, BEKE, JLL: Gross Margin % Comparison

For the Real Estate Services subindustry, GSW Immobilien AG'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.


GSW Immobilien AG Gross Margin % vs Real Estate Industry

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

* The bar in red indicates where GSW Immobilien AG's Gross Margin % falls into.


HAM:GIB
51GF Score
GSW Immobilien AG HAM:GIB
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

GSW Immobilien AG Gross Margin % Calculation

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

GSW Immobilien AG'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 )
=110.4 / 440.282
=(Revenue - Cost of Goods Sold) / Revenue
=(440.282 - 329.847) / 440.282
=25.08 %

GSW Immobilien AG'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 )
=110.4 / 440.282
=(Revenue - Cost of Goods Sold) / Revenue
=(440.282 - 329.847) / 440.282
=25.08 %

* 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 25.08% mean?
GSW Immobilien AG (HAM:GIB) has a Gross Margin % of 25.08% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on GSW Immobilien AG and its competitors. This is 42% below median its historical median of 43.17. Over the past decade, GSW Immobilien AG's Gross Margin % has ranged from 25.08 to 89.22. According to the industry distribution chart, GSW Immobilien AG ranks #1115 out of 1640 companies in the Real Estate industry, placing it in the top 68%.
Is GSW Immobilien AG's Gross Margin % too high?
GSW Immobilien AG's current Gross Margin % of 25.08% is 42% below median its 10-year median of 43.17. Over the past 10 years, this metric has ranged from a low of 25.08 to a high of 89.22. The Real Estate industry median Gross Margin % is 36.71. GSW Immobilien AG's value of 25.08% is 31.7% below this industry median. Based on the distribution chart, GSW Immobilien AG ranks #1115 out of 1640 companies in the Real Estate industry, which is below the industry midpoint. Overall, GSW Immobilien AG has a GF Score™ of 51/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does GSW Immobilien AG's Gross Margin % compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, GSW Immobilien AG ranks #1115 out of 1640 companies for Gross Margin %. This places GSW Immobilien AG in the lower half of its industry. The industry median Gross Margin % is 36.71. GSW Immobilien AG's value of 25.08% is 31.7% below this benchmark. Historically, GSW Immobilien AG's own Gross Margin % has ranged from 25.08 to 89.22 over the past decade. While the company's 10-year median is 43.17 vs. the industry median of 36.71, GSW Immobilien AG 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 Real Estate company?
The median Gross Margin % among Real Estate companies is 36.71, based on 1,640 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. GSW Immobilien AG's current Gross Margin % of 25.08% is 31.7% 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 GSW Immobilien AG and its competitors. For the Real Estate industry, the median Gross Margin % is 36.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. GSW Immobilien AG's current Gross Margin % is 25.08%, which is 42% below median its own 10-year median of 43.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GSW Immobilien AG stock overvalued right now?
Based on GuruFocus' analysis, GSW Immobilien AG (HAM:GIB) is currently considered Significantly Undervalued. The stock's GF Value™ is €152.55, compared to a current price of €64.50 — trading 57.7% below its estimated fair value. The current Gross Margin % is 25.08%, which is 42% below median its 10-year median of 43.17 and 31.7% below the Real Estate industry median of 36.71. GSW Immobilien AG's overall GF Score™ is 51/100 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 GSW Immobilien AG (HAM:GIB), the current Gross Margin % is 25.08% 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 GSW Immobilien AG (HAM:GIB) Overvalued in 2026?

Based on GuruFocus' analysis, GSW Immobilien AG stock appears to be undervalued. The current stock price of €64.50 is trading 57.7% below its estimated GF Value™ of €152.55. GuruFocus considers GSW Immobilien AG to be Significantly Undervalued.

Key valuation signals for HAM:GIB:

  • Gross Margin %: 25.08% (42% below median its 10-year median of 43.17)
  • GF Value™: €152.55 vs. price of €64.50 (57.7% below fair value)
  • GF Score™: 51/100 with 6 warning signs
  • Industry Position: 31.7% below the Real Estate median (#1115 of 1640)

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


GSW Immobilien AG Business Description

Address Mecklenburgische Strasse 57, Berlin, DEU, 14197
GSW Immobilien AG is engaged in the management of its own real estate and the acquisition and management of investments in other companies, particularly real estate holding companies.
51GF Score

Get the complete analysis for HAM:GIB

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

€64.50
Price
€152.55
GF Value