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BHG Retail REITSGX:BMGU 37 Gross Margin % is 51.52% as of Dec. 2025, which is 8% below its 10-year median of 55.83. GuruFocus rates SGX:BMGU with a GF Score™ of 37/100 and a GF Value™ of S$0.40 (Modestly Overvalued). The stock has 11 warning signs investors should review. Among 670 REITs companies, BHG Retail REIT ranks worse than 82.09% on this metric.
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
BHG Retail REIT had a gross margin of 51.52% 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.
BHG Retail REIT Gross Margin % Related Terms
BHG Retail REIT Gross Margin % Historical Data
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The historical data trend for BHG Retail 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.
SGX:BMGU vs SPG, O, KIM: Gross Margin % Comparison
For the REIT - Retail subindustry, BHG Retail 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.
BHG Retail REIT Gross Margin % vs REITs Industry
For the REITs industry and Real Estate sector, BHG Retail REIT's Gross Margin % distribution charts can be found below:
* The bar in red indicates where BHG Retail REIT's Gross Margin % falls into.
* 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.
BHG Retail REIT (SGX:BMGU) has a Gross Margin % of 51.52% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on BHG Retail REIT and its competitors. This is near median its historical median of 55.83. Over the past decade, BHG Retail REIT's Gross Margin % has ranged from 52.09 to 62.83. According to the industry distribution chart, BHG Retail REIT ranks #550 out of 670 companies in the REITs industry, placing it in the top 82.1%.
Is BHG Retail REIT's Gross Margin % too high?
BHG Retail REIT's current Gross Margin % of 51.52% is near median its 10-year median of 55.83. Over the past 10 years, this metric has ranged from a low of 52.09 to a high of 62.83. The REITs industry median Gross Margin % is 69.71. BHG Retail REIT's value of 51.52% is 26.1% below this industry median. Based on the distribution chart, BHG Retail REIT ranks #550 out of 670 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, BHG Retail REIT has a GF Score™ of 37/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does BHG Retail REIT's Gross Margin % compare to SPG and O?
According to the REITs industry distribution chart, BHG Retail REIT ranks #550 out of 670 companies for Gross Margin %. This places BHG Retail REIT in the lower half of its industry. The industry median Gross Margin % is 69.71. BHG Retail REIT's value of 51.52% is 26.1% below this benchmark. Historically, BHG Retail REIT's own Gross Margin % has ranged from 52.09 to 62.83 over the past decade. While the company's 10-year median is 55.83 vs. the industry median of 69.71, BHG Retail REIT 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 69.71, based on 670 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. BHG Retail REIT's current Gross Margin % of 51.52% is 26.1% 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 BHG Retail REIT and its competitors. For the REITs industry, the median Gross Margin % is 69.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BHG Retail REIT's current Gross Margin % is 51.52%, which is near median its own 10-year median of 55.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BHG Retail REIT stock overvalued right now?
Based on GuruFocus' analysis, BHG Retail REIT (SGX:BMGU) is currently considered Modestly Overvalued. The stock's GF Value™ is S$0.40, compared to a current price of S$0.45 — trading 11.3% above its estimated fair value. The current Gross Margin % is 51.52%, which is near median its 10-year median of 55.83 and 26.1% below the REITs industry median of 69.71. BHG Retail REIT's overall GF Score™ is 37/100 with 11 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 BHG Retail REIT (SGX:BMGU), the current Gross Margin % is 51.52% 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 BHG Retail REIT (SGX:BMGU) Overvalued in 2026?
Based on GuruFocus' analysis, BHG Retail REIT stock appears to be overvalued.
The current stock price of S$0.45 is trading 11.3% above its estimated GF Value™ of S$0.40.
GuruFocus considers BHG Retail REIT to be Modestly Overvalued.
Key valuation signals for SGX:BMGU:
Gross Margin %: 51.52% (near median its 10-year median of 55.83)
GF Value™: S$0.40 vs. price of S$0.45 (11.3% above fair value)
Industry Position: 26.1% below the REITs median (#550 of 670)
No single metric tells the full story. See the SGX:BMGU stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
BHG Retail REIT invests directly or indirectly, in a diversified portfolio of income-producing real estate that is used for retail purposes. Its portfolio comprises six retail properties, Beijing Wanliu Mall, Chengdu Konggang Mall, Hefei Mengchenglu Mall, Hefei Changjiangxilu, Xining Huayuan Mall and Dalian Jinsanjiao Property.
37GF Score
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