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
Warehouses Estates Belgium had a gross margin of 93.70% 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.
Warehouses Estates Belgium Gross Margin % Related Terms
Warehouses Estates Belgium Gross Margin % Historical Data
* 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.
STU:WPK vs VICI, WPC, BNL: Gross Margin % Comparison
For the REIT - Diversified subindustry, Warehouses Estates Belgium'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.
Warehouses Estates Belgium Gross Margin % vs REITs Industry
For the REITs industry and Real Estate sector, Warehouses Estates Belgium's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Warehouses Estates Belgium'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.
Warehouses Estates Belgium (STU:WPK) has a Gross Margin % of 93.70% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Warehouses Estates Belgium and its competitors. This is 12% above median its historical median of 83.60. Over the past decade, Warehouses Estates Belgium's Gross Margin % has ranged from 80.21 to 85.23. According to the industry distribution chart, Warehouses Estates Belgium ranks #161 out of 680 companies in the REITs industry, placing it in the top 23.7%.
Is Warehouses Estates Belgium's Gross Margin % too high?
Warehouses Estates Belgium's current Gross Margin % of 93.70% is 12% above median its 10-year median of 83.60. Over the past 10 years, this metric has ranged from a low of 80.21 to a high of 85.23. The REITs industry median Gross Margin % is 69.61. Warehouses Estates Belgium's value of 93.70% is 34.6% above this industry median. Based on the distribution chart, Warehouses Estates Belgium ranks #161 out of 680 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, Warehouses Estates Belgium has a GF Score™ of 72/100, reflecting its overall financial health beyond just this single metric.
How does Warehouses Estates Belgium's Gross Margin % compare to VICI and WPC?
According to the REITs industry distribution chart, Warehouses Estates Belgium ranks #161 out of 680 companies for Gross Margin %. This places Warehouses Estates Belgium in the top 24% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 69.61. Warehouses Estates Belgium's value of 93.70% is 34.6% above this benchmark. Historically, Warehouses Estates Belgium's own Gross Margin % has ranged from 80.21 to 85.23 over the past decade. While the company's 10-year median is 83.60 vs. the industry median of 69.61, Warehouses Estates Belgium 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 69.61, based on 680 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. Warehouses Estates Belgium's current Gross Margin % of 93.70% is 34.6% 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 Warehouses Estates Belgium and its competitors. For the REITs industry, the median Gross Margin % is 69.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Warehouses Estates Belgium's current Gross Margin % is 93.70%, which is 12% above median its own 10-year median of 83.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Warehouses Estates Belgium stock overvalued right now?
Warehouses Estates Belgium (STU:WPK) has a current Gross Margin % of 93.70%. The stock's GF Value™ is €35.23, compared to a current price of €39.60 — trading 12.4% above its estimated fair value. The current Gross Margin % is 93.70%, which is 12% above median its 10-year median of 83.60 and 34.6% above the REITs industry median of 69.61. Warehouses Estates Belgium's overall GF Score™ is 72/100 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 Warehouses Estates Belgium (STU:WPK), the current Gross Margin % is 93.70% 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 Warehouses Estates Belgium (STU:WPK) Overvalued in 2026?
Based on GuruFocus' analysis, Warehouses Estates Belgium stock appears to be overvalued.
The current stock price of €39.60 is trading 12.4% above its estimated GF Value™ of €35.23.
Key valuation signals for STU:WPK:
Gross Margin %: 93.70% (12% above median its 10-year median of 83.60)
GF Value™: €35.23 vs. price of €39.60 (12.4% above fair value)
Industry Position: 34.6% above the REITs median (#161 of 680)
No single metric tells the full story. See the STU:WPK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Warehouses Estates Belgium SA Formerly Warehouses Estates Belgium SCA is a real estate investment trust. It operates in commercial, semi-industrial and industrial tenancy. It also rents out industrial properties, shopping centers, retail warehouses, offices, and residential properties.
72GF Score
Get the complete analysis for STU:WPK
Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
STU:WPK has been successfully added to your 
