Growthpoint Properties (JSE:GRT) Gross Margin %: 72.76% (As of Dec. 2025) — Near Median


JSE:GRT Growthpoint Properties Ltd JSE:GRT
54 GF Score
Price R17.41
GF Value R8.62
Valuation Significantly Overvalued
! 11 Warning Signs
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What is Growthpoint Properties Gross Margin %?

Growthpoint Properties JSE:GRT +1.04% 54 Gross Margin % is 72.76% as of Dec. 2025, which is 2% below its 10-year median of 74.46. GuruFocus rates JSE:GRT with a GF Score™ of 54/100 and a GF Value™ of R8.62 (Significantly Overvalued). The stock has 11 warning signs investors should review. Among 681 REITs companies, Growthpoint Properties ranks better than 54.92% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Growthpoint Properties's Gross Profit for the six months ended in Dec. 2025 was R4,923 Mil. Growthpoint Properties's Revenue for the six months ended in Dec. 2025 was R6,766 Mil. Therefore, Growthpoint Properties's Gross Margin % for the quarter that ended in Dec. 2025 was 72.76%.

Warning Sign:

Growthpoint Properties Ltd gross margin has been in long-term decline. The average rate of decline per year is -1.2%.


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

JSE:GRT' s Gross Margin % Range Over the Past 10 Years
Min: 70.9   Med: 74.46   Max: 79.2
Current: 71.95


During the past 13 years, the highest Gross Margin % of Growthpoint Properties was 79.20%. The lowest was 70.90%. And the median was 74.46%.

JSE:GRT's Gross Margin % is ranked better than
54.92% of 681 companies
in the REITs industry
Industry Median: 69.62 vs JSE:GRT: 71.95

Growthpoint Properties had a gross margin of 72.76% for the quarter that ended in Dec. 2025 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Growthpoint Properties was -1.20% per year.


Growthpoint Properties  (JSE:GRT) 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

Growthpoint Properties had a gross margin of 72.76% for the quarter that ended in Dec. 2025 => 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.


Growthpoint Properties Gross Margin % Related Terms


Growthpoint Properties Gross Margin % Historical Data

* Premium members only.

The historical data trend for Growthpoint 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.

Growthpoint Properties Gross Margin % Chart

Growthpoint Properties Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 73.24 72.39 71.12 70.90 71.36

Growthpoint Properties Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 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 Premium Member Only 71.69 70.07 71.59 71.12 72.76

JSE:GRT vs VICI, WPC: Gross Margin % Comparison

For the REIT - Diversified subindustry, Growthpoint 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.


Growthpoint Properties Gross Margin % vs REITs Industry

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

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


JSE:GRT
54GF Score
Growthpoint Properties Ltd JSE:GRT
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Growthpoint Properties Gross Margin % Calculation

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

Growthpoint Properties's Gross Margin for the fiscal year that ended in Jun. 2025 is calculated as

Gross Margin % (A: Jun. 2025 )=Gross Profit (A: Jun. 2025 ) / Revenue (A: Jun. 2025 )
=9682 / 13568
=(Revenue - Cost of Goods Sold) / Revenue
=(13568 - 3886) / 13568
=71.36 %

Growthpoint Properties'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 )
=4923 / 6766
=(Revenue - Cost of Goods Sold) / Revenue
=(6766 - 1843) / 6766
=72.76 %

* 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 72.76% mean?
Growthpoint Properties (JSE:GRT) has a Gross Margin % of 72.76% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Growthpoint Properties and its competitors. This is near median its historical median of 74.46. Over the past decade, Growthpoint Properties' Gross Margin % has ranged from 70.90 to 79.20. According to the industry distribution chart, Growthpoint Properties ranks #307 out of 681 companies in the REITs industry, placing it in the top 45.1%.
Is Growthpoint Properties' Gross Margin % too high?
Growthpoint Properties' current Gross Margin % of 72.76% is near median its 10-year median of 74.46. Over the past 10 years, this metric has ranged from a low of 70.90 to a high of 79.20. The REITs industry median Gross Margin % is 69.62. Growthpoint Properties' value of 72.76% is 4.5% above this industry median. Based on the distribution chart, Growthpoint Properties ranks #307 out of 681 companies in the REITs industry, which is above the industry midpoint. Overall, Growthpoint Properties has a GF Score™ of 54/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Growthpoint Properties' Gross Margin % compare to VICI and WPC?
According to the REITs industry distribution chart, Growthpoint Properties ranks #307 out of 681 companies for Gross Margin %. This puts Growthpoint Properties in the upper half of its industry. The industry median Gross Margin % is 69.62. Growthpoint Properties' value of 72.76% is 4.5% above this benchmark. Historically, Growthpoint Properties' own Gross Margin % has ranged from 70.90 to 79.20 over the past decade. While the company's 10-year median is 74.46 vs. the industry median of 69.62, Growthpoint Properties 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 69.62, based on 681 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. Growthpoint Properties's current Gross Margin % of 72.76% is 4.5% 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 Growthpoint Properties and its competitors. For the REITs industry, the median Gross Margin % is 69.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Growthpoint Properties's current Gross Margin % is 72.76%, which is near median its own 10-year median of 74.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Growthpoint Properties stock overvalued right now?
Based on GuruFocus' analysis, Growthpoint Properties (JSE:GRT) is currently considered Significantly Overvalued. The stock's GF Value™ is R8.62, compared to a current price of R17.41 — trading 102% above its estimated fair value. The current Gross Margin % is 72.76%, which is near median its 10-year median of 74.46 and 4.5% above the REITs industry median of 69.62. Growthpoint Properties' overall GF Score™ is 54/100 with 11 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 Growthpoint Properties (JSE:GRT), the current Gross Margin % is 72.76% 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 Growthpoint Properties (JSE:GRT) Overvalued in 2026?

Based on GuruFocus' analysis, Growthpoint Properties stock appears to be overvalued. The current stock price of R17.41 is trading 102% above its estimated GF Value™ of R8.62. GuruFocus considers Growthpoint Properties to be Significantly Overvalued.

Key valuation signals for JSE:GRT:

  • Gross Margin %: 72.76% (near median its 10-year median of 74.46)
  • GF Value™: R8.62 vs. price of R17.41 (102% above fair value)
  • GF Score™: 54/100 with 11 warning signs
  • Industry Position: 4.5% above the REITs median (#307 of 681)

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


Growthpoint Properties Business Description

Industry Real EstateREITs
Other Exchanges G5JA:Germany
Address 1 Sandton Drive, The Place, Sandown, Sandton, Johannesburg, GT, ZAF, 2196
Growthpoint Properties Ltd is an international property company mainly engaged in owning and managing property assets in South Africa, Eastern Europe, Australia, and the UK. Its portfolio comprises various kinds of properties such as office parks, office warehouses, motor outlets, logistics and industrial parks, shopping centres, etc. The group's operating segments are Retail, Office, Logistics and Industrial, Trading and Development, V&A Waterfront, GHPH, GSAH, Lango, GOZ, and GWI. Maximum revenue is generated from its Retail segment, which includes income generated from a portfolio of properties, comprising shopping centres, with the balance being standalone, single-tenanted properties. It includes regional, community, neighbourhood, retail warehouses and speciality centres.
54GF Score

Get the complete analysis for JSE:GRT

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

R17.41
Price
R8.62
GF Value