PSPSF (PSP Swiss Property AG) Gross Margin %: 93.78% (As of Mar. 2026) — 10% Above Median


PSPSF PSP Swiss Property AG PSPSF
67 GF Score
Price $180.89
GF Value $154.66
! 5 Warning Signs
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What is PSP Swiss Property AG Gross Margin %?

PSP Swiss Property AG PSPSF -3.56% 67 Gross Margin % is 93.78% as of Mar. 2026, which is 10% above its 10-year median of 85.12. GuruFocus rates PSPSF with a GF Score™ of 67/100 and a GF Value™ of $154.66. The stock has 5 warning signs investors should review. Among 1,644 Real Estate companies, PSP Swiss Property AG ranks better than 96.17% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. PSP Swiss Property AG's Gross Profit for the three months ended in Mar. 2026 was $104.6 Mil. PSP Swiss Property AG's Revenue for the three months ended in Mar. 2026 was $111.5 Mil. Therefore, PSP Swiss Property AG's Gross Margin % for the quarter that ended in Mar. 2026 was 93.78%.


The historical rank and industry rank for PSP Swiss Property AG's Gross Margin % or its related term are showing as below:

PSPSF' s Gross Margin % Range Over the Past 10 Years
Min: 72.98   Med: 85.12   Max: 94.15
Current: 93.92


During the past 13 years, the highest Gross Margin % of PSP Swiss Property AG was 94.15%. The lowest was 72.98%. And the median was 85.12%.

PSPSF's Gross Margin % is ranked better than
96.17% of 1644 companies
in the Real Estate industry
Industry Median: 36.96 vs PSPSF: 93.92

PSP Swiss Property AG had a gross margin of 93.78% for the quarter that ended in Mar. 2026 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for PSP Swiss Property AG was 3.00% per year.


PSP Swiss Property AG  (OTCPK:PSPSF) 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

PSP Swiss Property AG had a gross margin of 93.78% 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.


PSP Swiss Property AG Gross Margin % Related Terms


PSP Swiss Property AG Gross Margin % Historical Data

* Premium members only.

The historical data trend for PSP Swiss Property AG'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.

PSP Swiss Property AG Gross Margin % Chart

PSP Swiss Property AG 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 81.33 77.30 88.44 93.25 94.15

PSP Swiss Property AG 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 94.74 93.84 94.37 93.64 93.78

PSPSF vs CBRE, BEKE: Gross Margin % Comparison

For the Real Estate Services subindustry, PSP Swiss Property AG'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.


PSP Swiss Property AG Gross Margin % vs Real Estate Industry

For the Real Estate industry and Real Estate sector, PSP Swiss Property AG's Gross Margin % distribution charts can be found below:

* The bar in red indicates where PSP Swiss Property AG's Gross Margin % falls into.


PSPSF
67GF Score
PSP Swiss Property AG PSPSF
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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PSP Swiss Property AG Gross Margin % Calculation

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

PSP Swiss Property AG'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 )
=421.7 / 447.908
=(Revenue - Cost of Goods Sold) / Revenue
=(447.908 - 26.199) / 447.908
=94.15 %

PSP Swiss Property AG'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 )
=104.6 / 111.505
=(Revenue - Cost of Goods Sold) / Revenue
=(111.505 - 6.934) / 111.505
=93.78 %

* 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 93.78% mean?
PSP Swiss Property AG (PSPSF) has a Gross Margin % of 93.78% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on PSP Swiss Property AG and its competitors. This is 10% above median its historical median of 85.12. Over the past decade, PSP Swiss Property AG's Gross Margin % has ranged from 72.98 to 94.15. According to the industry distribution chart, PSP Swiss Property AG ranks #63 out of 1644 companies in the Real Estate industry, placing it in the top 3.8%.
Is PSP Swiss Property AG's Gross Margin % too high?
PSP Swiss Property AG's current Gross Margin % of 93.78% is 10% above median its 10-year median of 85.12. Over the past 10 years, this metric has ranged from a low of 72.98 to a high of 94.15. The Real Estate industry median Gross Margin % is 36.96. PSP Swiss Property AG's value of 93.78% is 153.7% above this industry median. Based on the distribution chart, PSP Swiss Property AG ranks #63 out of 1644 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, PSP Swiss Property AG has a GF Score™ of 67/100, reflecting its overall financial health beyond just this single metric.
How does PSP Swiss Property AG's Gross Margin % compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, PSP Swiss Property AG ranks #63 out of 1644 companies for Gross Margin %. This places PSP Swiss Property AG in the top 4% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 36.96. PSP Swiss Property AG's value of 93.78% is 153.7% above this benchmark. Historically, PSP Swiss Property AG's own Gross Margin % has ranged from 72.98 to 94.15 over the past decade. While the company's 10-year median is 85.12 vs. the industry median of 36.96, PSP Swiss Property AG 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. PSP Swiss Property AG's current Gross Margin % of 93.78% is 153.7% 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 PSP Swiss Property AG 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. PSP Swiss Property AG's current Gross Margin % is 93.78%, which is 10% above median its own 10-year median of 85.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PSP Swiss Property AG stock overvalued right now?
PSP Swiss Property AG (PSPSF) has a current Gross Margin % of 93.78%. The stock's GF Value™ is $154.66, compared to a current price of $180.89 — trading 17% above its estimated fair value. The current Gross Margin % is 93.78%, which is 10% above median its 10-year median of 85.12 and 153.7% above the Real Estate industry median of 36.96. PSP Swiss Property AG's overall GF Score™ is 67/100 with 5 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 PSP Swiss Property AG (PSPSF), the current Gross Margin % is 93.78% 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 PSP Swiss Property AG (PSPSF) Overvalued in 2026?

Based on GuruFocus' analysis, PSP Swiss Property AG stock appears to be overvalued. The current stock price of $180.89 is trading 17% above its estimated GF Value™ of $154.66.

Key valuation signals for PSPSF:

  • Gross Margin %: 93.78% (10% above median its 10-year median of 85.12)
  • GF Value™: $154.66 vs. price of $180.89 (17% above fair value)
  • GF Score™: 67/100 with 5 warning signs
  • Industry Position: 153.7% above the Real Estate median (#63 of 1644)

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


PSP Swiss Property AG Business Description

Address Kolinplatz 2, Zug, CHE, CH-6300
PSP Swiss Property AG is a general real estate company, with all its properties active in Switzerland. The company's operating segments are Real estate investments, Property management, and Holding. A majority of its revenue is generated from the Real estate investments segment, which comprises all properties of the Group, such as investment properties, investment properties for sale, own-used properties, development properties, as well as development projects for sale. Income in this segment is generated by the properties mainly in the form of rental income and net changes in fair value. The Property management segment includes all services and activities concerning the management of the company's real estate portfolio, and the Holding segment includes the traditional corporate functions.
67GF Score

Get the complete analysis for PSPSF

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

$180.89
Price
$154.66
GF Value