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Burstone GroupJSE:BTN +0.10%63 Gross Margin % is 32.87% as of Mar. 2026, which is 51% below its 10-year median of 67.11. GuruFocus rates JSE:BTN with a GF Score™ of 63/100 and a GF Value™ of R8.56 (Modestly Overvalued). The stock has 12 warning signs investors should review. Among 677 REITs companies, Burstone Group ranks worse than 84.64% on this metric.
Burstone Group Ltd gross margin has been in long-term decline. The average rate of decline per year is -6%.
The historical rank and industry rank for Burstone Group's Gross Margin % or its related term are showing as below:
JSE:BTN'
s Gross Margin % Range Over the Past 10 Years
Min: 50.11 Med: 67.11 Max: 85.75
Current: 50.11
During the past 13 years, the highestGross Margin % of Burstone Group was 85.75%. The lowest was 50.11%. And the median was 67.11%.
JSE:BTN's Gross Margin % is ranked worse than 84.64% of 677
companies
in the REITs industry
Industry Median: 69.79
vs JSE:BTN: 50.11
Burstone Group had a gross margin of 32.87% for the quarter that ended in Mar. 2026 => Competition eroding margins
The 5-Year average Growth Rate of Gross Margin for Burstone Group was -6.00% per year.
Burstone Group (JSE:BTN) 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
Burstone Group had a gross margin of 32.87% for the quarter that ended in Mar. 2026 => 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.
Burstone Group Gross Margin % Related Terms
Burstone Group Gross Margin % Historical Data
* Premium members only.
The historical data trend for Burstone Group'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.
For the REIT - Diversified subindustry, Burstone Group'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.
Burstone Group Gross Margin % vs REITs Industry
For the REITs industry and Real Estate sector, Burstone Group's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Burstone Group'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.
Burstone Group (JSE:BTN) has a Gross Margin % of 32.87% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Burstone Group and its competitors. This is 51% below median its historical median of 67.11. Over the past decade, Burstone Group's Gross Margin % has ranged from 50.11 to 85.75. According to the industry distribution chart, Burstone Group ranks #573 out of 677 companies in the REITs industry, placing it in the top 84.6%.
Is Burstone Group's Gross Margin % too high?
Burstone Group's current Gross Margin % of 32.87% is 51% below median its 10-year median of 67.11. Over the past 10 years, this metric has ranged from a low of 50.11 to a high of 85.75. The REITs industry median Gross Margin % is 69.79. Burstone Group's value of 32.87% is 52.9% below this industry median. Based on the distribution chart, Burstone Group ranks #573 out of 677 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Burstone Group has a GF Score™ of 63/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Burstone Group's Gross Margin % compare to VICI and WPC?
According to the REITs industry distribution chart, Burstone Group ranks #573 out of 677 companies for Gross Margin %. This places Burstone Group in the lower half of its industry. The industry median Gross Margin % is 69.79. Burstone Group's value of 32.87% is 52.9% below this benchmark. Historically, Burstone Group's own Gross Margin % has ranged from 50.11 to 85.75 over the past decade. While the company's 10-year median is 67.11 vs. the industry median of 69.79, Burstone Group 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 REITs company?
The median Gross Margin % among REITs companies is 69.79, based on 677 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. Burstone Group's current Gross Margin % of 32.87% is 52.9% 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 Burstone Group and its competitors. For the REITs industry, the median Gross Margin % is 69.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Burstone Group's current Gross Margin % is 32.87%, which is 51% below median its own 10-year median of 67.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Burstone Group stock overvalued right now?
Based on GuruFocus' analysis, Burstone Group (JSE:BTN) is currently considered Modestly Overvalued. The stock's GF Value™ is R8.56, compared to a current price of R9.90 — trading 15.7% above its estimated fair value. The current Gross Margin % is 32.87%, which is 51% below median its 10-year median of 67.11 and 52.9% below the REITs industry median of 69.79. Burstone Group's overall GF Score™ is 63/100 with 12 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 Burstone Group (JSE:BTN), the current Gross Margin % is 32.87% 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 Burstone Group (JSE:BTN) Overvalued in 2026?
Based on GuruFocus' analysis, Burstone Group stock appears to be overvalued.
The current stock price of R9.90 is trading 15.7% above its estimated GF Value™ of R8.56.
GuruFocus considers Burstone Group to be Modestly Overvalued.
Key valuation signals for JSE:BTN:
Gross Margin %: 32.87% (51% below median its 10-year median of 67.11)
GF Value™: R8.56 vs. price of R9.90 (15.7% above fair value)
Industry Position: 52.9% below the REITs median (#573 of 677)
No single metric tells the full story. See the JSE:BTN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Burstone Group Ltd is a real estate investment trust operating in South Africa and formed with the purpose of investing in direct real estate. The objective of the fund is to expand its asset base by investing in well-priced income-producing investment properties. The fund invests in the office, industrial, and retail property sectors and is managed and operated by Investec Property, which is a wholly-owned subsidiary of Investec. The fund is well diversified in terms of sectoral spread but mostly concentrates investments in the province of Gauteng from a geographical spread standpoint. The vast majority of the fund's revenue is derived from contracted rental fees.
63GF Score
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