Kiwi Property GroupKWIPF 41 Gross Margin % is 65.86% as of Mar. 2026, which is 14% below its 10-year median of 76.94. GuruFocus rates KWIPF with a GF Score™ of 41/100 and a GF Value™ of $0.48 (Modestly Overvalued). The stock has 10 warning signs investors should review. Among 680 REITs companies, Kiwi Property Group ranks better than 52.21% on this metric.
Kiwi Property Group Ltd gross margin has been in long-term decline. The average rate of decline per year is -1.1%.
The historical rank and industry rank for Kiwi Property Group's Gross Margin % or its related term are showing as below:
KWIPF'
s Gross Margin % Range Over the Past 10 Years
Min: 70.8 Med: 76.94 Max: 79.4
Current: 70.8
During the past 12 years, the highestGross Margin % of Kiwi Property Group was 79.40%. The lowest was 70.80%. And the median was 76.94%.
KWIPF's Gross Margin % is ranked better than 52.21% of 680
companies
in the REITs industry
Industry Median: 69.705
vs KWIPF: 70.80
Kiwi Property Group had a gross margin of 65.86% for the quarter that ended in Mar. 2026 => Durable competitive advantage
The 5-Year average Growth Rate of Gross Margin for Kiwi Property Group was -1.10% per year.
Kiwi Property Group (OTCPK:KWIPF) 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
Kiwi Property Group had a gross margin of 65.86% 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.
Kiwi Property Group Gross Margin % Related Terms
Kiwi Property Group Gross Margin % Historical Data
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The historical data trend for Kiwi Property 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.
KWIPF vs VICI, WPC, BNL: Gross Margin % Comparison
For the REIT - Diversified subindustry, Kiwi Property 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.
Kiwi Property Group Gross Margin % vs REITs Industry
For the REITs industry and Real Estate sector, Kiwi Property Group's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Kiwi Property 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.
Kiwi Property Group (KWIPF) has a Gross Margin % of 65.86% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Kiwi Property Group and its competitors. This is 14% below median its historical median of 76.94. Over the past decade, Kiwi Property Group's Gross Margin % has ranged from 70.80 to 79.40. According to the industry distribution chart, Kiwi Property Group ranks #325 out of 680 companies in the REITs industry, placing it in the top 47.8%.
Is Kiwi Property Group's Gross Margin % too high?
Kiwi Property Group's current Gross Margin % of 65.86% is 14% below median its 10-year median of 76.94. Over the past 10 years, this metric has ranged from a low of 70.80 to a high of 79.40. The REITs industry median Gross Margin % is 69.71. Kiwi Property Group's value of 65.86% is 5.5% below this industry median. Based on the distribution chart, Kiwi Property Group ranks #325 out of 680 companies in the REITs industry, which is above the industry midpoint. Overall, Kiwi Property Group has a GF Score™ of 41/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kiwi Property Group's Gross Margin % compare to VICI and WPC?
According to the REITs industry distribution chart, Kiwi Property Group ranks #325 out of 680 companies for Gross Margin %. This puts Kiwi Property Group in the upper half of its industry. The industry median Gross Margin % is 69.71. Kiwi Property Group's value of 65.86% is 5.5% below this benchmark. Historically, Kiwi Property Group's own Gross Margin % has ranged from 70.80 to 79.40 over the past decade. While the company's 10-year median is 76.94 vs. the industry median of 69.71, Kiwi Property 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 69.71, 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. Kiwi Property Group's current Gross Margin % of 65.86% is 5.5% 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 Kiwi Property Group and its competitors. For the REITs industry, the median Gross Margin % is 69.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kiwi Property Group's current Gross Margin % is 65.86%, which is 14% below median its own 10-year median of 76.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kiwi Property Group stock overvalued right now?
Based on GuruFocus' analysis, Kiwi Property Group (KWIPF) is currently considered Modestly Overvalued. The stock's GF Value™ is $0.48, compared to a current price of $0.54 — trading 12.5% above its estimated fair value. The current Gross Margin % is 65.86%, which is 14% below median its 10-year median of 76.94 and 5.5% below the REITs industry median of 69.71. Kiwi Property Group's overall GF Score™ is 41/100 with 10 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 Kiwi Property Group (KWIPF), the current Gross Margin % is 65.86% 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 Kiwi Property Group (KWIPF) Overvalued in 2026?
Based on GuruFocus' analysis, Kiwi Property Group stock appears to be overvalued.
The current stock price of $0.54 is trading 12.5% above its estimated GF Value™ of $0.48.
GuruFocus considers Kiwi Property Group to be Modestly Overvalued.
Key valuation signals for KWIPF:
Gross Margin %: 65.86% (14% below median its 10-year median of 76.94)
GF Value™: $0.48 vs. price of $0.54 (12.5% above fair value)
Industry Position: 5.5% below the REITs median (#325 of 680)
No single metric tells the full story. See the KWIPF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Kiwi Property Group Ltd is a New Zealand-based company involved in the real estate business. It owns and manages a high-quality real estate portfolio, including some of the country's key commercial properties. Its portfolio comprises office properties, retail-led mixed-use assets, and large landholdings, strategically positioned in areas marked for densification, close to transport nodes. The Group's reportable segments are: Retail-led mixed-use, Office, Development land, and Other. The majority of its revenue is derived from the Retail-led mixed-use assets, which comprise large-scale properties anchored by retail tenancies, which may have complementary uses such as office, residential, or other non-retail components that support the asset's overall performance.
41GF Score
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