Stor-Age Property REITJSE:SSS +0.88%77 Gross Margin % is 75.71% as of Mar. 2026, which is 0% above its 10-year median of 75.43. GuruFocus rates JSE:SSS with a GF Score™ of 77/100 and a GF Value™ of R16.22 (Fairly Valued). The stock has 7 warning signs investors should review. Among 680 REITs companies, Stor-Age Property REIT ranks better than 62.65% on this metric.
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
Stor-Age Property REIT had a gross margin of 75.71% for the quarter that ended in Mar. 2026 => 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.
Stor-Age Property REIT Gross Margin % Related Terms
Stor-Age Property REIT Gross Margin % Historical Data
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The historical data trend for Stor-Age Property 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.
JSE:SSS vs PLD, PSA, EXR: Gross Margin % Comparison
For the REIT - Industrial subindustry, Stor-Age Property 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.
Stor-Age Property REIT Gross Margin % vs REITs Industry
For the REITs industry and Real Estate sector, Stor-Age Property REIT's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Stor-Age Property REIT'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.
Stor-Age Property REIT (JSE:SSS) has a Gross Margin % of 75.71% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Stor-Age Property REIT and its competitors. This is near median its historical median of 75.43. Over the past decade, Stor-Age Property REIT's Gross Margin % has ranged from 74.35 to 78.74. According to the industry distribution chart, Stor-Age Property REIT ranks #254 out of 680 companies in the REITs industry, placing it in the top 37.4%.
Is Stor-Age Property REIT's Gross Margin % too high?
Stor-Age Property REIT's current Gross Margin % of 75.71% is near median its 10-year median of 75.43. Over the past 10 years, this metric has ranged from a low of 74.35 to a high of 78.74. The REITs industry median Gross Margin % is 69.61. Stor-Age Property REIT's value of 75.71% is 8.8% above this industry median. Based on the distribution chart, Stor-Age Property REIT ranks #254 out of 680 companies in the REITs industry, which is above the industry midpoint. Overall, Stor-Age Property REIT has a GF Score™ of 77/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Stor-Age Property REIT's Gross Margin % compare to PLD and PSA?
According to the REITs industry distribution chart, Stor-Age Property REIT ranks #254 out of 680 companies for Gross Margin %. This puts Stor-Age Property REIT in the upper half of its industry. The industry median Gross Margin % is 69.61. Stor-Age Property REIT's value of 75.71% is 8.8% above this benchmark. Historically, Stor-Age Property REIT's own Gross Margin % has ranged from 74.35 to 78.74 over the past decade. While the company's 10-year median is 75.43 vs. the industry median of 69.61, Stor-Age Property REIT 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 69.61, 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. Stor-Age Property REIT's current Gross Margin % of 75.71% is 8.8% 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 Stor-Age Property 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. Stor-Age Property REIT's current Gross Margin % is 75.71%, which is near median its own 10-year median of 75.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Stor-Age Property REIT stock overvalued right now?
Based on GuruFocus' analysis, Stor-Age Property REIT (JSE:SSS) is currently considered Fairly Valued. The stock's GF Value™ is R16.22, compared to a current price of R17.20 — trading 6% above its estimated fair value. The current Gross Margin % is 75.71%, which is near median its 10-year median of 75.43 and 8.8% above the REITs industry median of 69.61. Stor-Age Property REIT's overall GF Score™ is 77/100 with 7 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 Stor-Age Property REIT (JSE:SSS), the current Gross Margin % is 75.71% 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 Stor-Age Property REIT (JSE:SSS) Overvalued in 2026?
Based on GuruFocus' analysis, Stor-Age Property REIT stock appears to be overvalued.
The current stock price of R17.20 is trading 6% above its estimated GF Value™ of R16.22.
GuruFocus considers Stor-Age Property REIT to be Fairly Valued.
Key valuation signals for JSE:SSS:
Gross Margin %: 75.71% (near median its 10-year median of 75.43)
GF Value™: R16.22 vs. price of R17.20 (6% above fair value)
Industry Position: 8.8% above the REITs median (#254 of 680)
No single metric tells the full story. See the JSE:SSS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Stor-Age Property REIT Ltd develops, acquires, and manages self-storage properties. It earns revenue in the form of rentals from the tenants of its investment properties. The company's geographical operating segments are; South Africa which generates maximum revenue, and the United Kingdom.
77GF Score
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