MAPIF (Mapletree Industrial Trust) Gross Margin %: 62.96% (As of Mar. 2026) — Near Median

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MAPIF Mapletree Industrial Trust MAPIF
62 GF Score
Price $1.49
GF Value $1.73
Valuation Modestly Undervalued
! 7 Warning Signs
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What is Mapletree Industrial Trust Gross Margin %?

Mapletree Industrial Trust MAPIF 62 Gross Margin % is 62.96% as of Mar. 2026, which is 3% below its 10-year median of 65.23. GuruFocus rates MAPIF with a GF Score™ of 62/100 and a GF Value™ of $1.73 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 677 REITs companies, Mapletree Industrial Trust ranks worse than 61.45% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Mapletree Industrial Trust's Gross Profit for the three months ended in Mar. 2026 was $77.0 Mil. Mapletree Industrial Trust's Revenue for the three months ended in Mar. 2026 was $122.3 Mil. Therefore, Mapletree Industrial Trust's Gross Margin % for the quarter that ended in Mar. 2026 was 62.96%.


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

MAPIF' s Gross Margin % Range Over the Past 10 Years
Min: 62.86   Med: 65.23   Max: 67.73
Current: 64.08


During the past 13 years, the highest Gross Margin % of Mapletree Industrial Trust was 67.73%. The lowest was 62.86%. And the median was 65.23%.

MAPIF's Gross Margin % is ranked worse than
61.45% of 677 companies
in the REITs industry
Industry Median: 69.79 vs MAPIF: 64.08

Mapletree Industrial Trust had a gross margin of 62.96% for the quarter that ended in Mar. 2026 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Mapletree Industrial Trust was -0.80% per year.


Mapletree Industrial Trust  (OTCPK:MAPIF) 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

Mapletree Industrial Trust had a gross margin of 62.96% 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.


Mapletree Industrial Trust Gross Margin % Related Terms


Mapletree Industrial Trust Gross Margin % Historical Data

* Premium members only.

The historical data trend for Mapletree Industrial 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.

Mapletree Industrial Trust Gross Margin % Chart

Mapletree Industrial Trust Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 65.22 62.86 63.97 64.54 64.08

Mapletree Industrial Trust Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 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 63.69 65.65 62.52 65.13 62.96

MAPIF vs PLD, PSA, EXR: Gross Margin % Comparison

For the REIT - Industrial subindustry, Mapletree Industrial 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.


Mapletree Industrial Trust Gross Margin % vs REITs Industry

For the REITs industry and Real Estate sector, Mapletree Industrial Trust's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Mapletree Industrial Trust's Gross Margin % falls into.


MAPIF
62GF Score
Mapletree Industrial Trust MAPIF
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Mapletree Industrial Trust Gross Margin % Calculation

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

Mapletree Industrial Trust's Gross Margin for the fiscal year that ended in Mar. 2026 is calculated as

Gross Margin % (A: Mar. 2026 )=Gross Profit (A: Mar. 2026 ) / Revenue (A: Mar. 2026 )
=322.4 / 503.167
=(Revenue - Cost of Goods Sold) / Revenue
=(503.167 - 180.738) / 503.167
=64.08 %

Mapletree Industrial 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 )
=77 / 122.276
=(Revenue - Cost of Goods Sold) / Revenue
=(122.276 - 45.294) / 122.276
=62.96 %

* 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 62.96% mean?
Mapletree Industrial Trust (MAPIF) has a Gross Margin % of 62.96% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Mapletree Industrial Trust and its competitors. This is near median its historical median of 65.23. Over the past decade, Mapletree Industrial Trust's Gross Margin % has ranged from 62.86 to 67.73. According to the industry distribution chart, Mapletree Industrial Trust ranks #416 out of 677 companies in the REITs industry, placing it in the top 61.4%.
Is Mapletree Industrial Trust's Gross Margin % too high?
Mapletree Industrial Trust's current Gross Margin % of 62.96% is near median its 10-year median of 65.23. Over the past 10 years, this metric has ranged from a low of 62.86 to a high of 67.73. The REITs industry median Gross Margin % is 69.79. Mapletree Industrial Trust's value of 62.96% is 9.8% below this industry median. Based on the distribution chart, Mapletree Industrial Trust ranks #416 out of 677 companies in the REITs industry, which is below the industry midpoint. Overall, Mapletree Industrial Trust has a GF Score™ of 62/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Mapletree Industrial Trust's Gross Margin % compare to PLD and PSA?
According to the REITs industry distribution chart, Mapletree Industrial Trust ranks #416 out of 677 companies for Gross Margin %. This places Mapletree Industrial Trust in the lower half of its industry. The industry median Gross Margin % is 69.79. Mapletree Industrial Trust's value of 62.96% is 9.8% below this benchmark. Historically, Mapletree Industrial Trust's own Gross Margin % has ranged from 62.86 to 67.73 over the past decade. While the company's 10-year median is 65.23 vs. the industry median of 69.79, Mapletree Industrial Trust 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 69.79, based on 677 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. Mapletree Industrial Trust's current Gross Margin % of 62.96% is 9.8% 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 Mapletree Industrial Trust 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. Mapletree Industrial Trust's current Gross Margin % is 62.96%, which is near median its own 10-year median of 65.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mapletree Industrial Trust stock overvalued right now?
Based on GuruFocus' analysis, Mapletree Industrial Trust (MAPIF) is currently considered Modestly Undervalued. The stock's GF Value™ is $1.73, compared to a current price of $1.49 — trading 13.9% below its estimated fair value. The current Gross Margin % is 62.96%, which is near median its 10-year median of 65.23 and 9.8% below the REITs industry median of 69.79. Mapletree Industrial Trust's overall GF Score™ is 62/100 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 Mapletree Industrial Trust (MAPIF), the current Gross Margin % is 62.96% 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 Mapletree Industrial Trust (MAPIF) Overvalued in 2026?

Based on GuruFocus' analysis, Mapletree Industrial Trust stock appears to be undervalued. The current stock price of $1.49 is trading 13.9% below its estimated GF Value™ of $1.73. GuruFocus considers Mapletree Industrial Trust to be Modestly Undervalued.

Key valuation signals for MAPIF:

  • Gross Margin %: 62.96% (near median its 10-year median of 65.23)
  • GF Value™: $1.73 vs. price of $1.49 (13.9% below fair value)
  • GF Score™: 62/100 with 7 warning signs
  • Industry Position: 9.8% below the REITs median (#416 of 677)

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


Mapletree Industrial Trust Business Description

Industry Real EstateREITs
Other Exchanges ME8U:SingaporeM2L:Germany
Address 10 Pasir Panjang Road, No. 13-01, Mapletree Business City, Singapore, SGP, 117438
Mapletree Industrial Trust is a real estate investment trust focused on industrial properties and data centers. Its property portfolio consists of 136 properties in Singapore, North America, and Japan. Types of property owned include data centers, high-tech buildings, business parks, and general industrial. The trust is externally managed by Mapletree Industrial Trust Management Limited, a subsidiary of its sponsor, which owns around 31% stake in the trust.
62GF Score

Get the complete analysis for MAPIF

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

$1.49
Price
$1.73
GF Value