Patrimoine et Commerce (LTS:0P30) Gross Margin %: 81.14% (As of Dec. 2025) — Near Median


LTS:0P30 Patrimoine et Commerce LTS:0P30
77 GF Score
Price €23.90
GF Value €18.71
! 8 Warning Signs
View Full Analysis

What is Patrimoine et Commerce Gross Margin %?

Patrimoine et Commerce LTS:0P30 77 Gross Margin % is 81.14% as of Dec. 2025, which is 6% above its 10-year median of 76.54. GuruFocus rates LTS:0P30 with a GF Score™ of 77/100 and a GF Value™ of €18.71. The stock has 8 warning signs investors should review. Among 679 REITs companies, Patrimoine et Commerce ranks better than 58.76% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Patrimoine et Commerce's Gross Profit for the six months ended in Dec. 2025 was €26.85 Mil. Patrimoine et Commerce's Revenue for the six months ended in Dec. 2025 was €33.09 Mil. Therefore, Patrimoine et Commerce's Gross Margin % for the quarter that ended in Dec. 2025 was 81.14%.

Warning Sign:

Patrimoine et Commerce 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 Patrimoine et Commerce's Gross Margin % or its related term are showing as below:

LTS:0P30' s Gross Margin % Range Over the Past 10 Years
Min: 73.56   Med: 76.54   Max: 93.28
Current: 73.65


During the past 13 years, the highest Gross Margin % of Patrimoine et Commerce was 93.28%. The lowest was 73.56%. And the median was 76.54%.

LTS:0P30's Gross Margin % is ranked better than
58.76% of 679 companies
in the REITs industry
Industry Median: 69.79 vs LTS:0P30: 73.65

Patrimoine et Commerce had a gross margin of 81.14% for the quarter that ended in Dec. 2025 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Patrimoine et Commerce was -1.10% per year.


Patrimoine et Commerce  (LTS:0P30) 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

Patrimoine et Commerce had a gross margin of 81.14% 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.


Patrimoine et Commerce Gross Margin % Related Terms


Patrimoine et Commerce Gross Margin % Historical Data

* Premium members only.

The historical data trend for Patrimoine et Commerce'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.

Patrimoine et Commerce Gross Margin % Chart

Patrimoine et Commerce Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 75.68 76.63 75.79 73.56 73.64

Patrimoine et Commerce 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 83.50 68.74 78.56 67.25 81.14

LTS:0P30 vs SPG, O, KIM: Gross Margin % Comparison

For the REIT - Retail subindustry, Patrimoine et Commerce'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.


Patrimoine et Commerce Gross Margin % vs REITs Industry

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

* The bar in red indicates where Patrimoine et Commerce's Gross Margin % falls into.


LTS:0P30
77GF Score
Patrimoine et Commerce LTS:0P30
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Patrimoine et Commerce Gross Margin % Calculation

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

Patrimoine et Commerce'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 )
=52.9 / 71.879
=(Revenue - Cost of Goods Sold) / Revenue
=(71.879 - 18.944) / 71.879
=73.64 %

Patrimoine et Commerce'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 )
=26.9 / 33.091
=(Revenue - Cost of Goods Sold) / Revenue
=(33.091 - 6.241) / 33.091
=81.14 %

* 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 81.14% mean?
Patrimoine et Commerce (LTS:0P30) has a Gross Margin % of 81.14% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Patrimoine et Commerce and its competitors. This is near median its historical median of 76.54. Over the past decade, Patrimoine et Commerce's Gross Margin % has ranged from 73.56 to 93.28. According to the industry distribution chart, Patrimoine et Commerce ranks #280 out of 679 companies in the REITs industry, placing it in the top 41.2%.
Is Patrimoine et Commerce's Gross Margin % too high?
Patrimoine et Commerce's current Gross Margin % of 81.14% is near median its 10-year median of 76.54. Over the past 10 years, this metric has ranged from a low of 73.56 to a high of 93.28. The REITs industry median Gross Margin % is 69.79. Patrimoine et Commerce's value of 81.14% is 16.3% above this industry median. Based on the distribution chart, Patrimoine et Commerce ranks #280 out of 679 companies in the REITs industry, which is above the industry midpoint. Overall, Patrimoine et Commerce has a GF Score™ of 77/100, reflecting its overall financial health beyond just this single metric.
How does Patrimoine et Commerce's Gross Margin % compare to SPG and O?
According to the REITs industry distribution chart, Patrimoine et Commerce ranks #280 out of 679 companies for Gross Margin %. This puts Patrimoine et Commerce in the upper half of its industry. The industry median Gross Margin % is 69.79. Patrimoine et Commerce's value of 81.14% is 16.3% above this benchmark. Historically, Patrimoine et Commerce's own Gross Margin % has ranged from 73.56 to 93.28 over the past decade. While the company's 10-year median is 76.54 vs. the industry median of 69.79, Patrimoine et Commerce 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 69.79, based on 679 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. Patrimoine et Commerce's current Gross Margin % of 81.14% is 16.3% 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 Patrimoine et Commerce and its competitors. For the REITs industry, the median Gross Margin % is 69.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Patrimoine et Commerce's current Gross Margin % is 81.14%, which is near median its own 10-year median of 76.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Patrimoine et Commerce stock overvalued right now?
Patrimoine et Commerce (LTS:0P30) has a current Gross Margin % of 81.14%. The stock's GF Value™ is €18.71, compared to a current price of €23.90 — trading 27.7% above its estimated fair value. The current Gross Margin % is 81.14%, which is near median its 10-year median of 76.54 and 16.3% above the REITs industry median of 69.79. Patrimoine et Commerce's overall GF Score™ is 77/100 with 8 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 Patrimoine et Commerce (LTS:0P30), the current Gross Margin % is 81.14% 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 Patrimoine et Commerce (LTS:0P30) Overvalued in 2026?

Based on GuruFocus' analysis, Patrimoine et Commerce stock appears to be overvalued. The current stock price of €23.90 is trading 27.7% above its estimated GF Value™ of €18.71.

Key valuation signals for LTS:0P30:

  • Gross Margin %: 81.14% (near median its 10-year median of 76.54)
  • GF Value™: €18.71 vs. price of €23.90 (27.7% above fair value)
  • GF Score™: 77/100 with 8 warning signs
  • Industry Position: 16.3% above the REITs median (#280 of 679)

No single metric tells the full story. See the LTS:0P30 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Patrimoine et Commerce Business Description

Industry Real EstateREITs
Other Exchanges PAT:France6DN:Germany
Address 7/9 rue Nationale, Boulogne-Billacourt, FRA, 92100
Patrimoine et Commerce is a real estate company engaged in the acquisition, development, and operation of commercial real estate properties in France. It operates a portfolio of real estate assets located in high-attraction areas in the suburbs or centers of medium-sized cities. The company's property portfolio includes shopping malls, supermarkets, shops, and business parks.
77GF Score

Get the complete analysis for LTS:0P30

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

€23.90
Price
€18.71
GF Value