Patria Private Equity Trust (LSE:PPET) Gross Margin %: 89.90% (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

LSE:PPET Patria Private Equity Trust PLC LSE:PPET
51 GF Score
Price £5.98
GF Value £3.66
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is Patria Private Equity Trust Gross Margin %?

Patria Private Equity Trust LSE:PPET -2.33% 51 Gross Margin % is 89.90% as of Mar. 2026. GuruFocus rates LSE:PPET with a GF Score™ of 51/100 and a GF Value™ of £3.66 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 545 Asset Management companies, Patria Private Equity Trust ranks worse than 183486.06% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Patria Private Equity Trust's Gross Profit for the six months ended in Mar. 2026 was £54.71 Mil. Patria Private Equity Trust's Revenue for the six months ended in Mar. 2026 was £60.85 Mil. Therefore, Patria Private Equity Trust's Gross Margin % for the quarter that ended in Mar. 2026 was 89.90%.


The historical rank and industry rank for Patria Private Equity Trust's Gross Margin % or its related term are showing as below:


LSE:PPET's Gross Margin % is not ranked *
in the Asset Management industry.
Industry Median: 56.6
* Ranked among companies with meaningful Gross Margin % only.

Patria Private Equity Trust had a gross margin of 89.90% for the quarter that ended in Mar. 2026 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Patria Private Equity Trust was 0.00% per year.


Patria Private Equity Trust  (LSE:PPET) 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

Patria Private Equity Trust had a gross margin of 89.90% 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.


Patria Private Equity Trust Gross Margin % Related Terms


Patria Private Equity Trust Gross Margin % Historical Data

* Premium members only.

The historical data trend for Patria Private Equity Trust'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.

Patria Private Equity Trust Gross Margin % Chart

Patria Private Equity Trust Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 91.22 90.41 90.54 86.85 83.11

Patria Private Equity Trust Semi-Annual Data
Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Mar26
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 92.51 83.78 89.02 89.71 89.90

LSE:PPET vs BLK, BX, KKR: Gross Margin % Comparison

For the Asset Management subindustry, Patria Private Equity Trust'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.


Patria Private Equity Trust Gross Margin % vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Patria Private Equity Trust's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Patria Private Equity Trust's Gross Margin % falls into.


LSE:PPET
51GF Score
Patria Private Equity Trust PLC LSE:PPET
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Patria Private Equity Trust Gross Margin % Calculation

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

Patria Private Equity Trust's Gross Margin for the fiscal year that ended in Sep. 2025 is calculated as

Gross Margin % (A: Sep. 2025 )=Gross Profit (A: Sep. 2025 ) / Revenue (A: Sep. 2025 )
=66.4 / 79.921
=(Revenue - Cost of Goods Sold) / Revenue
=(79.921 - 13.5) / 79.921
=83.11 %

Patria Private Equity Trust's Gross Margin for the quarter that ended in Mar. 2026 is calculated as


Gross Margin % (Q: Mar. 2026 )=Gross Profit (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=54.7 / 60.854
=(Revenue - Cost of Goods Sold) / Revenue
=(60.854 - 6.145) / 60.854
=89.90 %

* 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 89.90% mean?
Patria Private Equity Trust (LSE:PPET) has a Gross Margin % of 89.90% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Patria Private Equity Trust and its competitors. According to the industry distribution chart, Patria Private Equity Trust ranks #999999 out of 545 companies in the Asset Management industry.
Is Patria Private Equity Trust's Gross Margin % too high?
Patria Private Equity Trust's current Gross Margin % is 89.90%. The Asset Management industry median Gross Margin % is 56.60. Patria Private Equity Trust's value of 89.90% is 58.8% above this industry median. Based on the distribution chart, Patria Private Equity Trust ranks #999999 out of 545 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, Patria Private Equity Trust has a GF Score™ of 51/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Patria Private Equity Trust's Gross Margin % compare to BLK and BX?
According to the Asset Management industry distribution chart, Patria Private Equity Trust ranks #999999 out of 545 companies for Gross Margin %. This places Patria Private Equity Trust in the lower half of its industry. The industry median Gross Margin % is 56.60. Patria Private Equity Trust's value of 89.90% is 58.8% above this benchmark. 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 an Asset Management company?
The median Gross Margin % among Asset Management companies is 56.60, based on 545 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. Patria Private Equity Trust's current Gross Margin % of 89.90% is 58.8% 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 Patria Private Equity Trust and its competitors. For the Asset Management industry, the median Gross Margin % is 56.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Patria Private Equity Trust's current Gross Margin % is 89.90%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Patria Private Equity Trust stock overvalued right now?
Based on GuruFocus' analysis, Patria Private Equity Trust (LSE:PPET) is currently considered Significantly Overvalued. The stock's GF Value™ is £3.66, compared to a current price of £5.98 — trading 63.4% above its estimated fair value. The current Gross Margin % is 89.90% and 58.8% above the Asset Management industry median of 56.60. Patria Private Equity Trust's overall GF Score™ is 51/100 with 6 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 Patria Private Equity Trust (LSE:PPET), the current Gross Margin % is 89.90% 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 Patria Private Equity Trust (LSE:PPET) Overvalued in 2026?

Based on GuruFocus' analysis, Patria Private Equity Trust stock appears to be overvalued. The current stock price of £5.98 is trading 63.4% above its estimated GF Value™ of £3.66. GuruFocus considers Patria Private Equity Trust to be Significantly Overvalued.

Key valuation signals for LSE:PPET:

  • Gross Margin %: 89.90%
  • GF Value™: £3.66 vs. price of £5.98 (63.4% above fair value)
  • GF Score™: 51/100 with 6 warning signs
  • Industry Position: 58.8% above the Asset Management median (#999999 of 545)

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


Patria Private Equity Trust Business Description

Address 114-116 George Street, New Clarendon House, Edinburgh, GBR, EH2 4LH
Patria Private Equity Trust PLC is a UK-based investment trust company. The company's provides investors with exposure to private equity funds and private companies, mainly in Europe. Its investment objective is long-term total returns through holding a diversified portfolio of private equity funds and direct investments into private companies alongside private equity managers, a majority of which will have a European mid-market focus.
51GF Score

Get the complete analysis for LSE:PPET

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

£5.98
Price
£3.66
GF Value