IVREF (Inovalis Real Estate Investment Trust) Gross Margin %: -25.35% (As of Mar. 2026)


IVREF Inovalis Real Estate Investment Trust IVREF
40 GF Score
Price $0.60
GF Value $0.71
Valuation Modestly Undervalued
! 9 Warning Signs
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What is Inovalis Real Estate Investment Trust Gross Margin %?

Inovalis Real Estate Investment Trust IVREF -6.08% 40 Gross Margin % is -25.35% as of Mar. 2026. GuruFocus rates IVREF with a GF Score™ of 40/100 and a GF Value™ of $0.71 (Modestly Undervalued). The stock has 9 warning signs investors should review. Among 680 REITs companies, Inovalis Real Estate Investment Trust ranks worse than 87.65% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Inovalis Real Estate Investment Trust's Gross Profit for the three months ended in Mar. 2026 was $-0.68 Mil. Inovalis Real Estate Investment Trust's Revenue for the three months ended in Mar. 2026 was $2.68 Mil. Therefore, Inovalis Real Estate Investment Trust's Gross Margin % for the quarter that ended in Mar. 2026 was -25.35%.

Warning Sign:

Inovalis Real Estate Investment Trust gross margin has been in long-term decline. The average rate of decline per year is -8%.


The historical rank and industry rank for Inovalis Real Estate Investment Trust's Gross Margin % or its related term are showing as below:

IVREF' s Gross Margin % Range Over the Past 10 Years
Min: 44.79   Med: 68.57   Max: 72.94
Current: 44.79


During the past 13 years, the highest Gross Margin % of Inovalis Real Estate Investment Trust was 72.94%. The lowest was 44.79%. And the median was 68.57%.

IVREF's Gross Margin % is ranked worse than
87.65% of 680 companies
in the REITs industry
Industry Median: 69.61 vs IVREF: 44.79

Inovalis Real Estate Investment Trust had a gross margin of -25.35% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Inovalis Real Estate Investment Trust was -8.00% per year.


Inovalis Real Estate Investment Trust  (OTCPK:IVREF) 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

Inovalis Real Estate Investment Trust had a gross margin of -25.35% for the quarter that ended in Mar. 2026 => No sustainable 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.


Inovalis Real Estate Investment Trust Gross Margin % Related Terms


Inovalis Real Estate Investment Trust Gross Margin % Historical Data

* Premium members only.

The historical data trend for Inovalis Real Estate Investment Trust'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.

Inovalis Real Estate Investment Trust Gross Margin % Chart

Inovalis Real Estate Investment Trust 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 67.90 68.85 68.27 55.83 45.48

Inovalis Real Estate Investment Trust Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 1.61 57.17 64.00 59.10 -25.35

IVREF vs BXP, ARE, VNO: Gross Margin % Comparison

For the REIT - Office subindustry, Inovalis Real Estate Investment Trust'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.


Inovalis Real Estate Investment Trust Gross Margin % vs REITs Industry

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

* The bar in red indicates where Inovalis Real Estate Investment Trust's Gross Margin % falls into.


IVREF
40GF Score
Inovalis Real Estate Investment Trust IVREF
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Inovalis Real Estate Investment Trust Gross Margin % Calculation

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

Inovalis Real Estate Investment Trust'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 )
=7.4 / 16.269
=(Revenue - Cost of Goods Sold) / Revenue
=(16.269 - 8.87) / 16.269
=45.48 %

Inovalis Real Estate Investment Trust's Gross Margin for the quarter that ended in Mar. 2026 is calculated as


Gross Margin % (Q: Mar. 2026 )=Gross Profit (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=-0.7 / 2.679
=(Revenue - Cost of Goods Sold) / Revenue
=(2.679 - 3.358) / 2.679
=-25.35 %

* 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 -25.35% mean?
Inovalis Real Estate Investment Trust (IVREF) has a Gross Margin % of -25.35% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Inovalis Real Estate Investment Trust and its competitors. Over the past decade, Inovalis Real Estate Investment Trust's Gross Margin % has ranged from 44.79 to 72.94. According to the industry distribution chart, Inovalis Real Estate Investment Trust ranks #596 out of 680 companies in the REITs industry, placing it in the top 87.6%.
Is Inovalis Real Estate Investment Trust's Gross Margin % too high?
Inovalis Real Estate Investment Trust's current Gross Margin % is -25.35%. Over the past 10 years, this metric has ranged from a low of 44.79 to a high of 72.94. Based on the distribution chart, Inovalis Real Estate Investment Trust ranks #596 out of 680 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Inovalis Real Estate Investment Trust has a GF Score™ of 40/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Inovalis Real Estate Investment Trust's Gross Margin % compare to BXP and ARE?
According to the REITs industry distribution chart, Inovalis Real Estate Investment Trust ranks #596 out of 680 companies for Gross Margin %. This places Inovalis Real Estate Investment Trust in the lower half of its industry. The industry median Gross Margin % is 69.61. Historically, Inovalis Real Estate Investment Trust's own Gross Margin % has ranged from 44.79 to 72.94 over the past decade. 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. 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 Inovalis Real Estate Investment Trust 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. Inovalis Real Estate Investment Trust's current Gross Margin % is -25.35%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Inovalis Real Estate Investment Trust stock overvalued right now?
Based on GuruFocus' analysis, Inovalis Real Estate Investment Trust (IVREF) is currently considered Modestly Undervalued. The stock's GF Value™ is $0.71, compared to a current price of $0.60 — trading 15.3% below its estimated fair value. The current Gross Margin % is -25.35%. Inovalis Real Estate Investment Trust's overall GF Score™ is 40/100 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 Inovalis Real Estate Investment Trust (IVREF), the current Gross Margin % is -25.35% as of Mar. 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 Inovalis Real Estate Investment Trust (IVREF) Overvalued in 2026?

Based on GuruFocus' analysis, Inovalis Real Estate Investment Trust stock appears to be undervalued. The current stock price of $0.60 is trading 15.3% below its estimated GF Value™ of $0.71. GuruFocus considers Inovalis Real Estate Investment Trust to be Modestly Undervalued.

Key valuation signals for IVREF:

  • Gross Margin %: -25.35%
  • GF Value™: $0.71 vs. price of $0.60 (15.3% below fair value)
  • GF Score™: 40/100 with 9 warning signs

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


Inovalis Real Estate Investment Trust Business Description

Industry Real EstateREITs
Other Exchanges INO.UN:Canada
Address 151 Yonge Street, 11th Floor, Toronto, ON, CAN, M5C 2W7
Inovalis Real Estate Investment Trust is a Canada-based open-ended real estate investment trust. Its portfolio comprises office properties that are leased to corporate clients in France, Spain, and Germany. The Trust's investment criteria encompass office properties outside of Canada with an occupancy level of above eighty percent (unless AFFO accretive), secured rental cash flows, a property value of approximately between twenty and sixty million euros (unless AFFO accretive), and a potential future upside with respect to matters including rent and area development. The majority of the REIT's revenue is generated through rental income from its investment properties in France.
40GF Score

Get the complete analysis for IVREF

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

$0.60
Price
$0.71
GF Value