Balwin Properties (JSE:BWN) Gross Margin %: 26.65% (As of Feb. 2026) — Near Median


JSE:BWN Balwin Properties Ltd JSE:BWN
49 GF Score
Price R4.20
GF Value R2.32
Valuation Significantly Overvalued
! 9 Warning Signs
View Full Analysis

What is Balwin Properties Gross Margin %?

Balwin Properties JSE:BWN 49 Gross Margin % is 26.65% as of Feb. 2026, which is 7% below its 10-year median of 28.56. GuruFocus rates JSE:BWN with a GF Score™ of 49/100 and a GF Value™ of R2.32 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 1,644 Real Estate companies, Balwin Properties ranks worse than 63.93% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Balwin Properties's Gross Profit for the six months ended in Feb. 2026 was R391 Mil. Balwin Properties's Revenue for the six months ended in Feb. 2026 was R1,469 Mil. Therefore, Balwin Properties's Gross Margin % for the quarter that ended in Feb. 2026 was 26.65%.


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

JSE:BWN' s Gross Margin % Range Over the Past 10 Years
Min: 26.64   Med: 28.56   Max: 37.42
Current: 27.49


During the past 11 years, the highest Gross Margin % of Balwin Properties was 37.42%. The lowest was 26.64%. And the median was 28.56%.

JSE:BWN's Gross Margin % is ranked worse than
63.93% of 1644 companies
in the Real Estate industry
Industry Median: 36.96 vs JSE:BWN: 27.49

Balwin Properties had a gross margin of 26.65% for the quarter that ended in Feb. 2026 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Balwin Properties was 1.50% per year.


Balwin Properties  (JSE:BWN) 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

Balwin Properties had a gross margin of 26.65% for the quarter that ended in Feb. 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.


Balwin Properties Gross Margin % Related Terms


Balwin Properties Gross Margin % Historical Data

* Premium members only.

The historical data trend for Balwin Properties'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.

Balwin Properties Gross Margin % Chart

Balwin Properties Annual Data
Trend Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 26.64 28.86 28.25 30.27 27.49

Balwin Properties Semi-Annual Data
Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25 Feb26
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 23.00 31.82 29.29 28.50 26.65

Balwin Properties Gross Margin % Competitor Comparison

For the Real Estate - Development subindustry, Balwin Properties'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.


Balwin Properties Gross Margin % vs Real Estate Industry

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

* The bar in red indicates where Balwin Properties's Gross Margin % falls into.


JSE:BWN
49GF Score
Balwin Properties Ltd JSE:BWN
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Balwin Properties Gross Margin % Calculation

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

Balwin Properties's Gross Margin for the fiscal year that ended in Feb. 2026 is calculated as

Gross Margin % (A: Feb. 2026 )=Gross Profit (A: Feb. 2026 ) / Revenue (A: Feb. 2026 )
=740.4 / 2693.24
=(Revenue - Cost of Goods Sold) / Revenue
=(2693.24 - 1952.883) / 2693.24
=27.49 %

Balwin Properties's Gross Margin for the quarter that ended in Feb. 2026 is calculated as


Gross Margin % (Q: Feb. 2026 )=Gross Profit (Q: Feb. 2026 ) / Revenue (Q: Feb. 2026 )
=391.5 / 1469.106
=(Revenue - Cost of Goods Sold) / Revenue
=(1469.106 - 1077.627) / 1469.106
=26.65 %

* 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 26.65% mean?
Balwin Properties (JSE:BWN) has a Gross Margin % of 26.65% as of Feb. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Balwin Properties and its competitors. This is near median its historical median of 28.56. Over the past decade, Balwin Properties' Gross Margin % has ranged from 26.64 to 37.42. According to the industry distribution chart, Balwin Properties ranks #1051 out of 1644 companies in the Real Estate industry, placing it in the top 63.9%.
Is Balwin Properties' Gross Margin % too high?
Balwin Properties' current Gross Margin % of 26.65% is near median its 10-year median of 28.56. Over the past 10 years, this metric has ranged from a low of 26.64 to a high of 37.42. The Real Estate industry median Gross Margin % is 36.96. Balwin Properties' value of 26.65% is 27.9% below this industry median. Based on the distribution chart, Balwin Properties ranks #1051 out of 1644 companies in the Real Estate industry, which is below the industry midpoint. Overall, Balwin Properties has a GF Score™ of 49/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Balwin Properties' Gross Margin % compare to competitors?
According to the Real Estate industry distribution chart, Balwin Properties ranks #1051 out of 1644 companies for Gross Margin %. This places Balwin Properties in the lower half of its industry. The industry median Gross Margin % is 36.96. Balwin Properties' value of 26.65% is 27.9% below this benchmark. Historically, Balwin Properties' own Gross Margin % has ranged from 26.64 to 37.42 over the past decade. While the company's 10-year median is 28.56 vs. the industry median of 36.96, Balwin Properties 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 36.96, based on 1,644 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. Balwin Properties's current Gross Margin % of 26.65% is 27.9% 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 Balwin Properties and its competitors. For the Real Estate industry, the median Gross Margin % is 36.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Balwin Properties's current Gross Margin % is 26.65%, which is near median its own 10-year median of 28.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Balwin Properties stock overvalued right now?
Based on GuruFocus' analysis, Balwin Properties (JSE:BWN) is currently considered Significantly Overvalued. The stock's GF Value™ is R2.32, compared to a current price of R4.20 — trading 81% above its estimated fair value. The current Gross Margin % is 26.65%, which is near median its 10-year median of 28.56 and 27.9% below the Real Estate industry median of 36.96. Balwin Properties' overall GF Score™ is 49/100 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 Balwin Properties (JSE:BWN), the current Gross Margin % is 26.65% as of Feb. 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 Balwin Properties (JSE:BWN) Overvalued in 2026?

Based on GuruFocus' analysis, Balwin Properties stock appears to be overvalued. The current stock price of R4.20 is trading 81% above its estimated GF Value™ of R2.32. GuruFocus considers Balwin Properties to be Significantly Overvalued.

Key valuation signals for JSE:BWN:

  • Gross Margin %: 26.65% (near median its 10-year median of 28.56)
  • GF Value™: R2.32 vs. price of R4.20 (81% above fair value)
  • GF Score™: 49/100 with 9 warning signs
  • Industry Position: 27.9% below the Real Estate median (#1051 of 1644)

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


Balwin Properties Business Description

Address 105 Corlett Drive, Melrose, Johannesburg, GT, ZAF, 2196
Balwin Properties Ltd is engaged in residential property development and sale of sectional title estates, bond origination, information and communication technology services, rental of commercial property and other annuity based services provided to the residential developments. Its operating segments include Sale of apartments and land; Provision of services to residential estates; Bond commission; property rental; and Balwin Foundation. It derives majority of the revenue from Residential and commercial property rental segment.
49GF Score

Get the complete analysis for JSE:BWN

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

R4.20
Price
R2.32
GF Value