Resilient REIT (JSE:RES) Gross Margin %: 62.65% (As of Dec. 2025) — Near Median


JSE:RES Resilient REIT Ltd JSE:RES
78 GF Score
Price R83.30
GF Value R64.32
Valuation Modestly Overvalued
! 12 Warning Signs
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What is Resilient REIT Gross Margin %?

Resilient REIT JSE:RES -0.94% 78 Gross Margin % is 62.65% as of Dec. 2025, which is 3% below its 10-year median of 64.73. GuruFocus rates JSE:RES with a GF Score™ of 78/100 and a GF Value™ of R64.32 (Modestly Overvalued). The stock has 12 warning signs investors should review. Among 680 REITs companies, Resilient REIT ranks worse than 63.09% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Resilient REIT's Gross Profit for the six months ended in Dec. 2025 was R1,252 Mil. Resilient REIT's Revenue for the six months ended in Dec. 2025 was R1,998 Mil. Therefore, Resilient REIT's Gross Margin % for the quarter that ended in Dec. 2025 was 62.65%.

Warning Sign:

Resilient REIT Ltd gross margin has been in long-term decline. The average rate of decline per year is -1.8%.


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

JSE:RES' s Gross Margin % Range Over the Past 10 Years
Min: 62.21   Med: 64.73   Max: 75.92
Current: 63.26


During the past 13 years, the highest Gross Margin % of Resilient REIT was 75.92%. The lowest was 62.21%. And the median was 64.73%.

JSE:RES's Gross Margin % is ranked worse than
63.09% of 680 companies
in the REITs industry
Industry Median: 69.61 vs JSE:RES: 63.26

Resilient REIT had a gross margin of 62.65% for the quarter that ended in Dec. 2025 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Resilient REIT was -1.80% per year.


Resilient REIT  (JSE:RES) 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

Resilient REIT had a gross margin of 62.65% 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.


Resilient REIT Gross Margin % Related Terms


Resilient REIT Gross Margin % Historical Data

* Premium members only.

The historical data trend for Resilient REIT'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.

Resilient REIT Gross Margin % Chart

Resilient REIT Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Dec22 Dec23 Dec24 Dec25
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 62.59 64.87 63.27 62.21 63.26

Resilient REIT 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 60.95 62.81 61.63 63.90 62.65

JSE:RES vs SPG, O, KIM: Gross Margin % Comparison

For the REIT - Retail subindustry, Resilient REIT'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.


Resilient REIT Gross Margin % vs REITs Industry

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

* The bar in red indicates where Resilient REIT's Gross Margin % falls into.


JSE:RES
78GF Score
Resilient REIT Ltd JSE:RES
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Resilient REIT Gross Margin % Calculation

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

Resilient REIT'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 )
=2484.3 / 3926.844
=(Revenue - Cost of Goods Sold) / Revenue
=(3926.844 - 1442.588) / 3926.844
=63.26 %

Resilient REIT'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 )
=1251.9 / 1998.367
=(Revenue - Cost of Goods Sold) / Revenue
=(1998.367 - 746.443) / 1998.367
=62.65 %

* 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 62.65% mean?
Resilient REIT (JSE:RES) has a Gross Margin % of 62.65% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Resilient REIT and its competitors. This is near median its historical median of 64.73. Over the past decade, Resilient REIT's Gross Margin % has ranged from 62.21 to 75.92. According to the industry distribution chart, Resilient REIT ranks #429 out of 680 companies in the REITs industry, placing it in the top 63.1%.
Is Resilient REIT's Gross Margin % too high?
Resilient REIT's current Gross Margin % of 62.65% is near median its 10-year median of 64.73. Over the past 10 years, this metric has ranged from a low of 62.21 to a high of 75.92. The REITs industry median Gross Margin % is 69.61. Resilient REIT's value of 62.65% is 10% below this industry median. Based on the distribution chart, Resilient REIT ranks #429 out of 680 companies in the REITs industry, which is below the industry midpoint. Overall, Resilient REIT has a GF Score™ of 78/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Resilient REIT's Gross Margin % compare to SPG and O?
According to the REITs industry distribution chart, Resilient REIT ranks #429 out of 680 companies for Gross Margin %. This places Resilient REIT in the lower half of its industry. The industry median Gross Margin % is 69.61. Resilient REIT's value of 62.65% is 10% below this benchmark. Historically, Resilient REIT's own Gross Margin % has ranged from 62.21 to 75.92 over the past decade. While the company's 10-year median is 64.73 vs. the industry median of 69.61, Resilient REIT 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 69.61, 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. Resilient REIT's current Gross Margin % of 62.65% is 10% 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 Resilient REIT 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. Resilient REIT's current Gross Margin % is 62.65%, which is near median its own 10-year median of 64.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Resilient REIT stock overvalued right now?
Based on GuruFocus' analysis, Resilient REIT (JSE:RES) is currently considered Modestly Overvalued. The stock's GF Value™ is R64.32, compared to a current price of R83.30 — trading 29.5% above its estimated fair value. The current Gross Margin % is 62.65%, which is near median its 10-year median of 64.73 and 10% below the REITs industry median of 69.61. Resilient REIT's overall GF Score™ is 78/100 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 Resilient REIT (JSE:RES), the current Gross Margin % is 62.65% 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 Resilient REIT (JSE:RES) Overvalued in 2026?

Based on GuruFocus' analysis, Resilient REIT stock appears to be overvalued. The current stock price of R83.30 is trading 29.5% above its estimated GF Value™ of R64.32. GuruFocus considers Resilient REIT to be Modestly Overvalued.

Key valuation signals for JSE:RES:

  • Gross Margin %: 62.65% (near median its 10-year median of 64.73)
  • GF Value™: R64.32 vs. price of R83.30 (29.5% above fair value)
  • GF Score™: 78/100 with 12 warning signs
  • Industry Position: 10% below the REITs median (#429 of 680)

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


Resilient REIT Business Description

Industry Real EstateREITs
Address Rivonia Boulevard, 4th Floor, Rivonia Village, Rivonia, Johannesburg, GT, ZAF, 2191
Resilient REIT Ltd is a South Africa-based real estate investment trust. The company's portfolio consists of regional shopping malls tenanted by national retailers. Resilient's properties are mostly located in nonmetropolitan areas, including Limpopo, Gauteng, Mpumalanga, Northern Cape, and KwaZulu-Natal. The company operates through two segments: Corporate and Retail. The company further divides the segments geographically into South Africa, Portugal, and Nigeria with the South Africa segment generating the majority of total revenue. Resilient internally manages its assets, and outsources the property management to third-party companies.
78GF Score

Get the complete analysis for JSE:RES

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

R83.30
Price
R64.32
GF Value