Bonyan REIT (SAU:4347) Gross Margin %: 71.36% (As of Dec. 2025) — 17% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

SAU:4347 Bonyan REIT SAU:4347
79 GF Score
Price ﷼10.08
GF Value ﷼10.92
Valuation Fairly Valued
! 5 Warning Signs
View Full Analysis

What is Bonyan REIT Gross Margin %?

Bonyan REIT SAU:4347 79 Gross Margin % is 71.36% as of Dec. 2025, which is 17% above its 10-year median of 60.83. GuruFocus rates SAU:4347 with a GF Score™ of 79/100 and a GF Value™ of ﷼10.92 (Fairly Valued). The stock has 5 warning signs investors should review. Among 677 REITs companies, Bonyan REIT ranks better than 50.07% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Bonyan REIT's Gross Profit for the six months ended in Dec. 2025 was ﷼102.5 Mil. Bonyan REIT's Revenue for the six months ended in Dec. 2025 was ﷼143.6 Mil. Therefore, Bonyan REIT's Gross Margin % for the quarter that ended in Dec. 2025 was 71.36%.


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

SAU:4347' s Gross Margin % Range Over the Past 10 Years
Min: 57.13   Med: 60.83   Max: 69.92
Current: 69.92


During the past 8 years, the highest Gross Margin % of Bonyan REIT was 69.92%. The lowest was 57.13%. And the median was 60.83%.

SAU:4347's Gross Margin % is ranked better than
50.07% of 677 companies
in the REITs industry
Industry Median: 69.79 vs SAU:4347: 69.92

Bonyan REIT had a gross margin of 71.36% for the quarter that ended in Dec. 2025 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Bonyan REIT was 3.30% per year.


Bonyan REIT  (SAU:4347) 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

Bonyan REIT had a gross margin of 71.36% 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.


Bonyan REIT Gross Margin % Related Terms


Bonyan REIT Gross Margin % Historical Data

* Premium members only.

The historical data trend for Bonyan REIT'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.

Bonyan REIT Gross Margin % Chart

Bonyan REIT Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Gross Margin %
Get a 7-Day Free Trial 60.83 63.55 59.11 64.99 69.92

Bonyan REIT Semi-Annual Data
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 60.69 61.53 68.69 68.37 71.36

SAU:4347 vs VICI, WPC: Gross Margin % Comparison

For the REIT - Diversified subindustry, Bonyan REIT'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.


Bonyan REIT Gross Margin % vs REITs Industry

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

* The bar in red indicates where Bonyan REIT's Gross Margin % falls into.


SAU:4347
79GF Score
Bonyan REIT SAU:4347
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Bonyan REIT Gross Margin % Calculation

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

Bonyan REIT'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 )
=194.4 / 278.101
=(Revenue - Cost of Goods Sold) / Revenue
=(278.101 - 83.666) / 278.101
=69.92 %

Bonyan REIT'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 )
=102.5 / 143.647
=(Revenue - Cost of Goods Sold) / Revenue
=(143.647 - 41.134) / 143.647
=71.36 %

* 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 71.36% mean?
Bonyan REIT (SAU:4347) has a Gross Margin % of 71.36% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Bonyan REIT and its competitors. This is 17% above median its historical median of 60.83. Over the past decade, Bonyan REIT's Gross Margin % has ranged from 57.13 to 69.92. According to the industry distribution chart, Bonyan REIT ranks #338 out of 677 companies in the REITs industry, placing it in the top 49.9%.
Is Bonyan REIT's Gross Margin % too high?
Bonyan REIT's current Gross Margin % of 71.36% is 17% above median its 10-year median of 60.83. Over the past 10 years, this metric has ranged from a low of 57.13 to a high of 69.92. The REITs industry median Gross Margin % is 69.79. Bonyan REIT's value of 71.36% is 2.2% above this industry median. Based on the distribution chart, Bonyan REIT ranks #338 out of 677 companies in the REITs industry, which is above the industry midpoint. Overall, Bonyan REIT has a GF Score™ of 79/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Bonyan REIT's Gross Margin % compare to VICI and WPC?
According to the REITs industry distribution chart, Bonyan REIT ranks #338 out of 677 companies for Gross Margin %. This puts Bonyan REIT in the upper half of its industry. The industry median Gross Margin % is 69.79. Bonyan REIT's value of 71.36% is 2.2% above this benchmark. Historically, Bonyan REIT's own Gross Margin % has ranged from 57.13 to 69.92 over the past decade. While the company's 10-year median is 60.83 vs. the industry median of 69.79, Bonyan REIT 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 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. Bonyan REIT's current Gross Margin % of 71.36% is 2.2% 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 Bonyan REIT 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. Bonyan REIT's current Gross Margin % is 71.36%, which is 17% above median its own 10-year median of 60.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bonyan REIT stock overvalued right now?
Based on GuruFocus' analysis, Bonyan REIT (SAU:4347) is currently considered Fairly Valued. The stock's GF Value™ is ﷼10.92, compared to a current price of ﷼10.08 — trading 7.7% below its estimated fair value. The current Gross Margin % is 71.36%, which is 17% above median its 10-year median of 60.83 and 2.2% above the REITs industry median of 69.79. Bonyan REIT's overall GF Score™ is 79/100 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 Bonyan REIT (SAU:4347), the current Gross Margin % is 71.36% 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 Bonyan REIT (SAU:4347) Overvalued in 2026?

Based on GuruFocus' analysis, Bonyan REIT stock appears to be undervalued. The current stock price of ﷼10.08 is trading 7.7% below its estimated GF Value™ of ﷼10.92. GuruFocus considers Bonyan REIT to be Fairly Valued.

Key valuation signals for SAU:4347:

  • Gross Margin %: 71.36% (17% above median its 10-year median of 60.83)
  • GF Value™: ﷼10.92 vs. price of ﷼10.08 (7.7% below fair value)
  • GF Score™: 79/100 with 5 warning signs
  • Industry Position: 2.2% above the REITs median (#338 of 677)

No single metric tells the full story. See the SAU:4347 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Bonyan REIT Business Description

Industry Real EstateREITs
Address 8092 King Fahd Road, P.O. Box 23454, Kingdom of Saudi Arabia, Riyadh, SAU, 11426
Bonyan REIT is a closed-ended real estate investment fund company. The company's property portfolio consists of residential, hospitality, and commercial centers. where the Commercial centre includes unit of investment properties such as malls., Residential includes units of private houses such as individual apartments, Hospitality includes hospitality service providing entity, which is related to Marriot properties and Office includes rental of office space.
79GF Score

Get the complete analysis for SAU:4347

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

﷼10.08
Price
﷼10.92
GF Value