FSDVLTS:0NAE 46 Gross Margin % is 95.30% as of Dec. 2025, which is 3% above its 10-year median of 92.18. GuruFocus rates LTS:0NAE with a GF Score™ of 46/100 and a GF Value™ of €160.09. The stock has 11 warning signs investors should review. Among 1,642 Real Estate companies, FSDV ranks better than 96.95% on this metric.
Gross Margin % is calculated as gross profit divided by its revenue. FSDV's Gross Profit for the
six
months ended in Dec. 2025 was €68.04 Mil. FSDV's Revenue for the
six
months ended in Dec. 2025 was €71.39 Mil. Therefore, FSDV's Gross Margin % for the quarter that ended in Dec. 2025 was 95.30%.
The historical rank and industry rank for FSDV's Gross Margin % or its related term are showing as below:
LTS:0NAE'
s Gross Margin % Range Over the Past 10 Years
Min: -43.21 Med: 92.18 Max: 95.31
Current: 95.31
During the past 4 years, the highestGross Margin % of FSDV was 95.31%. The lowest was -43.21%. And the median was 92.18%.
LTS:0NAE's Gross Margin % is ranked better than 96.95% of 1642
companies
in the Real Estate industry
Industry Median: 36.975
vs LTS:0NAE: 95.31
FSDV had a gross margin of 95.30% for the quarter that ended in Dec. 2025 => Durable competitive advantage
The 5-Year average Growth Rate of Gross Margin for FSDV was 0.00% per year.
FSDV (LTS:0NAE) 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
FSDV had a gross margin of 95.30% 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.
FSDV Gross Margin % Related Terms
FSDV Gross Margin % Historical Data
* Premium members only.
The historical data trend for FSDV'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.
FSDV Gross Margin % Chart
FSDV Annual Data
Trend
Mar10
Mar11
Dec24
Dec25
Gross Margin %
0.00
-43.21
92.18
95.30
FSDV Semi-Annual Data
Mar10
Mar11
Dec24
Dec25
Gross Margin %
0.00
-43.21
92.18
95.30
LTS:0NAE vs CBRE, BEKE, JLL: Gross Margin % Comparison
For the Real Estate Services subindustry, FSDV'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.
FSDV Gross Margin % vs Real Estate Industry
For the Real Estate industry and Real Estate sector, FSDV's Gross Margin % distribution charts can be found below:
* The bar in red indicates where FSDV'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.
FSDV (LTS:0NAE) has a Gross Margin % of 95.30% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on FSDV and its competitors. This is near median its historical median of 92.18. According to the industry distribution chart, FSDV ranks #50 out of 1642 companies in the Real Estate industry, placing it in the top 3%.
Is FSDV's Gross Margin % too high?
FSDV's current Gross Margin % of 95.30% is near median its 10-year median of 92.18. The Real Estate industry median Gross Margin % is 36.98. FSDV's value of 95.30% is 157.7% above this industry median. Based on the distribution chart, FSDV ranks #50 out of 1642 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, FSDV has a GF Score™ of 46/100, reflecting its overall financial health beyond just this single metric.
How does FSDV's Gross Margin % compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, FSDV ranks #50 out of 1642 companies for Gross Margin %. This places FSDV in the top 3% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 36.98. FSDV's value of 95.30% is 157.7% above this benchmark. While the company's 10-year median is 92.18 vs. the industry median of 36.98, FSDV 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 Real Estate company?
The median Gross Margin % among Real Estate companies is 36.98, based on 1,642 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. FSDV's current Gross Margin % of 95.30% is 157.7% 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 FSDV and its competitors. For the Real Estate industry, the median Gross Margin % is 36.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. FSDV's current Gross Margin % is 95.30%, which is near median its own 10-year median of 92.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is FSDV stock overvalued right now?
FSDV (LTS:0NAE) has a current Gross Margin % of 95.30%. The stock's GF Value™ is €160.09, compared to a current price of €50.01 — trading 68.8% below its estimated fair value. The current Gross Margin % is 95.30%, which is near median its 10-year median of 92.18 and 157.7% above the Real Estate industry median of 36.98. FSDV's overall GF Score™ is 46/100 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 FSDV (LTS:0NAE), the current Gross Margin % is 95.30% 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 FSDV (LTS:0NAE) Overvalued in 2026?
Based on GuruFocus' analysis, FSDV stock appears to be undervalued.
The current stock price of €50.01 is trading 68.8% below its estimated GF Value™ of €160.09.
Key valuation signals for LTS:0NAE:
Gross Margin %: 95.30% (near median its 10-year median of 92.18)
GF Value™: €160.09 vs. price of €50.01 (68.8% below fair value)
Industry Position: 157.7% above the Real Estate median (#50 of 1642)
No single metric tells the full story. See the LTS:0NAE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
FSDV is engaged in commercial real estate. It combines management of a portfolio and development of new or redeveloped projects, in line with user needs. It operates across the entire real estate value chain from land acquisition to rental management, the rental of workspaces, including the design, construction and management of the premises.
46GF Score
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Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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