Swire PropertiesSWPFF -2.99%64 Gross Margin % is 67.53% as of Dec. 2025, which is 2% below its 10-year median of 69.18. GuruFocus rates SWPFF with a GF Score™ of 64/100 and a GF Value™ of $2.47 (Fairly Valued). The stock has 5 warning signs investors should review. Among 1,644 Real Estate companies, Swire Properties ranks better than 77.37% 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
Swire Properties had a gross margin of 67.53% 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.
Swire Properties Gross Margin % Related Terms
Swire Properties Gross Margin % Historical Data
* Premium members only.
The historical data trend for Swire Properties'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.
SWPFF vs CBRE, BEKE, CSGP: Gross Margin % Comparison
For the Real Estate Services subindustry, Swire Properties'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.
Swire Properties Gross Margin % vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Swire Properties's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Swire Properties'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.
Swire Properties (SWPFF) has a Gross Margin % of 67.53% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Swire Properties and its competitors. This is near median its historical median of 69.18. Over the past decade, Swire Properties' Gross Margin % has ranged from 59.21 to 74.48. According to the industry distribution chart, Swire Properties ranks #372 out of 1644 companies in the Real Estate industry, placing it in the top 22.6%.
Is Swire Properties' Gross Margin % too high?
Swire Properties' current Gross Margin % of 67.53% is near median its 10-year median of 69.18. Over the past 10 years, this metric has ranged from a low of 59.21 to a high of 74.48. The Real Estate industry median Gross Margin % is 36.96. Swire Properties' value of 67.53% is 82.7% above this industry median. Based on the distribution chart, Swire Properties ranks #372 out of 1644 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, Swire Properties has a GF Score™ of 64/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Swire Properties' Gross Margin % compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Swire Properties ranks #372 out of 1644 companies for Gross Margin %. This places Swire Properties in the top 23% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 36.96. Swire Properties' value of 67.53% is 82.7% above this benchmark. Historically, Swire Properties' own Gross Margin % has ranged from 59.21 to 74.48 over the past decade. While the company's 10-year median is 69.18 vs. the industry median of 36.96, Swire Properties 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. Swire Properties's current Gross Margin % of 67.53% is 82.7% 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 Swire Properties 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. Swire Properties's current Gross Margin % is 67.53%, which is near median its own 10-year median of 69.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Swire Properties stock overvalued right now?
Based on GuruFocus' analysis, Swire Properties (SWPFF) is currently considered Fairly Valued. The stock's GF Value™ is $2.47, compared to a current price of $2.60 — trading 5.3% above its estimated fair value. The current Gross Margin % is 67.53%, which is near median its 10-year median of 69.18 and 82.7% above the Real Estate industry median of 36.96. Swire Properties' overall GF Score™ is 64/100 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 Swire Properties (SWPFF), the current Gross Margin % is 67.53% 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 Swire Properties (SWPFF) Overvalued in 2026?
Based on GuruFocus' analysis, Swire Properties stock appears to be overvalued.
The current stock price of $2.60 is trading 5.3% above its estimated GF Value™ of $2.47.
GuruFocus considers Swire Properties to be Fairly Valued.
Key valuation signals for SWPFF:
Gross Margin %: 67.53% (near median its 10-year median of 69.18)
GF Value™: $2.47 vs. price of $2.60 (5.3% above fair value)
Industry Position: 82.7% above the Real Estate median (#372 of 1644)
No single metric tells the full story. See the SWPFF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Swire Properties is a Hong Kong-based property investor and Hong Kong's largest office landlord. Its Hong Kong portfolio provides more than 13 million square feet of gross floor area, with its portfolio of grade A office contributing over 9 million square feet. The firm also holds investment properties and development projects in China, the United States, and Southeast Asia. Rental income accounts for more than 60% of its total revenue, with property development and hotel operations contributing the balance. The company was listed in 2012. Parent company Swire Pacific holds an 83% stake.
64GF Score
Get the complete analysis for SWPFF
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
SWPFF has been successfully added to your 
