Italpinas Development (PHS:IDC) Gross Margin %: 85.47% (As of Mar. 2026) — 53% Above Median


PHS:IDC Italpinas Development Corp PHS:IDC
65 GF Score
Price ₱0.58
GF Value ₱1.37
Valuation Possible Value Trap
! 8 Warning Signs
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What is Italpinas Development Gross Margin %?

Italpinas Development PHS:IDC 65 Gross Margin % is 85.47% as of Mar. 2026, which is 53% above its 10-year median of 56.00. GuruFocus rates PHS:IDC with a GF Score™ of 65/100 and a GF Value™ of ₱1.37 (Possible Value Trap). The stock has 8 warning signs investors should review. Among 1,644 Real Estate companies, Italpinas Development ranks better than 66.67% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Italpinas Development's Gross Profit for the three months ended in Mar. 2026 was ₱78.6 Mil. Italpinas Development's Revenue for the three months ended in Mar. 2026 was ₱91.9 Mil. Therefore, Italpinas Development's Gross Margin % for the quarter that ended in Mar. 2026 was 85.47%.


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

PHS:IDC' s Gross Margin % Range Over the Past 10 Years
Min: 48.39   Med: 56   Max: 66.22
Current: 53


During the past 13 years, the highest Gross Margin % of Italpinas Development was 66.22%. The lowest was 48.39%. And the median was 56.00%.

PHS:IDC's Gross Margin % is ranked better than
66.67% of 1644 companies
in the Real Estate industry
Industry Median: 36.96 vs PHS:IDC: 53.00

Italpinas Development had a gross margin of 85.47% for the quarter that ended in Mar. 2026 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Italpinas Development was -0.40% per year.


Italpinas Development  (PHS:IDC) 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

Italpinas Development had a gross margin of 85.47% 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.


Italpinas Development Gross Margin % Related Terms


Italpinas Development Gross Margin % Historical Data

* Premium members only.

The historical data trend for Italpinas Development'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.

Italpinas Development Gross Margin % Chart

Italpinas Development 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 57.94 53.90 59.51 52.02 49.21

Italpinas Development 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 54.62 73.10 64.78 48.50 85.47

PHS:IDC vs CBRE, BEKE, CSGP: Gross Margin % Comparison

For the Real Estate Services subindustry, Italpinas Development'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.


Italpinas Development Gross Margin % vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Italpinas Development's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Italpinas Development's Gross Margin % falls into.


PHS:IDC
65GF Score
Italpinas Development Corp PHS:IDC
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Italpinas Development Gross Margin % Calculation

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

Italpinas Development'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 )
=386.2 / 784.685
=(Revenue - Cost of Goods Sold) / Revenue
=(784.685 - 398.523) / 784.685
=49.21 %

Italpinas Development'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 )
=78.6 / 91.909
=(Revenue - Cost of Goods Sold) / Revenue
=(91.909 - 13.351) / 91.909
=85.47 %

* 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 85.47% mean?
Italpinas Development (PHS:IDC) has a Gross Margin % of 85.47% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Italpinas Development and its competitors. This is 53% above median its historical median of 56.00. Over the past decade, Italpinas Development's Gross Margin % has ranged from 48.39 to 66.22. According to the industry distribution chart, Italpinas Development ranks #548 out of 1644 companies in the Real Estate industry, placing it in the top 33.3%.
Is Italpinas Development's Gross Margin % too high?
Italpinas Development's current Gross Margin % of 85.47% is 53% above median its 10-year median of 56.00. Over the past 10 years, this metric has ranged from a low of 48.39 to a high of 66.22. The Real Estate industry median Gross Margin % is 36.96. Italpinas Development's value of 85.47% is 131.3% above this industry median. Based on the distribution chart, Italpinas Development ranks #548 out of 1644 companies in the Real Estate industry, which is above the industry midpoint. Overall, Italpinas Development has a GF Score™ of 65/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Italpinas Development's Gross Margin % compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Italpinas Development ranks #548 out of 1644 companies for Gross Margin %. This puts Italpinas Development in the upper half of its industry. The industry median Gross Margin % is 36.96. Italpinas Development's value of 85.47% is 131.3% above this benchmark. Historically, Italpinas Development's own Gross Margin % has ranged from 48.39 to 66.22 over the past decade. While the company's 10-year median is 56.00 vs. the industry median of 36.96, Italpinas Development 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 36.96, based on 1,644 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. Italpinas Development's current Gross Margin % of 85.47% is 131.3% 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 Italpinas Development and its competitors. For the Real Estate industry, the median Gross Margin % is 36.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Italpinas Development's current Gross Margin % is 85.47%, which is 53% above median its own 10-year median of 56.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Italpinas Development stock overvalued right now?
Based on GuruFocus' analysis, Italpinas Development (PHS:IDC) is currently considered Possible Value Trap. The stock's GF Value™ is ₱1.37, compared to a current price of ₱0.58 — trading 57.7% below its estimated fair value. The current Gross Margin % is 85.47%, which is 53% above median its 10-year median of 56.00 and 131.3% above the Real Estate industry median of 36.96. Italpinas Development's overall GF Score™ is 65/100 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 Italpinas Development (PHS:IDC), the current Gross Margin % is 85.47% 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 Italpinas Development (PHS:IDC) Overvalued in 2026?

Based on GuruFocus' analysis, Italpinas Development stock appears to be undervalued. The current stock price of ₱0.58 is trading 57.7% below its estimated GF Value™ of ₱1.37. GuruFocus considers Italpinas Development to be Possible Value Trap.

Key valuation signals for PHS:IDC:

  • Gross Margin %: 85.47% (53% above median its 10-year median of 56.00)
  • GF Value™: ₱1.37 vs. price of ₱0.58 (57.7% below fair value)
  • GF Score™: 65/100 with 8 warning signs
  • Industry Position: 131.3% above the Real Estate median (#548 of 1644)

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


Italpinas Development Business Description

Address 6811 Ayala Avenue, BPI Philam-Life Building, Unit 28C, 28th Floor, Metro Manila, Makati, RIZ, PHL, 1226
Italpinas Development Corp engages in the real estate development business in the Philippines. Its projects include Primavera Residences Towers A and B; Primavera City; and Miramonti. Geographically, it derives revenue from a domestic operation. It generates revenue from the sales, and leasing of properties. The company is organized into one reportable segment which is the development and sale of real estate. It also has one geographical segment and derives all its revenues from domestic operations.
65GF Score

Get the complete analysis for PHS:IDC

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

₱0.58
Price
₱1.37
GF Value