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
Mitsubishi Estate Logistics REIT Investment had a gross margin of 65.61% for the quarter that ended in Feb. 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.
Mitsubishi Estate Logistics REIT Investment Gross Margin % Related Terms
Mitsubishi Estate Logistics REIT Investment 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.
TSE:3481 vs PLD, PSA, EXR: Gross Margin % Comparison
For the REIT - Industrial subindustry, Mitsubishi Estate Logistics REIT Investment'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.
Mitsubishi Estate Logistics REIT Investment Gross Margin % vs REITs Industry
* 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.
Mitsubishi Estate Logistics REIT Investment (TSE:3481) has a Gross Margin % of 65.61% as of Feb. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Mitsubishi Estate Logistics REIT Investment and its competitors. This is near median its historical median of 64.92. Over the past decade, Mitsubishi Estate Logistics REIT Investment's Gross Margin % has ranged from 62.20 to 67.15. According to the industry distribution chart, Mitsubishi Estate Logistics REIT Investment ranks #401 out of 680 companies in the REITs industry, placing it in the top 59%.
Is Mitsubishi Estate Logistics REIT Investment's Gross Margin % too high?
Mitsubishi Estate Logistics REIT Investment's current Gross Margin % of 65.61% is near median its 10-year median of 64.92. Over the past 10 years, this metric has ranged from a low of 62.20 to a high of 67.15. The REITs industry median Gross Margin % is 69.61. Mitsubishi Estate Logistics REIT Investment's value of 65.61% is 5.7% below this industry median. Based on the distribution chart, Mitsubishi Estate Logistics REIT Investment ranks #401 out of 680 companies in the REITs industry, which is below the industry midpoint. Overall, Mitsubishi Estate Logistics REIT Investment has a GF Score™ of 74/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Mitsubishi Estate Logistics REIT Investment's Gross Margin % compare to PLD and PSA?
According to the REITs industry distribution chart, Mitsubishi Estate Logistics REIT Investment ranks #401 out of 680 companies for Gross Margin %. This places Mitsubishi Estate Logistics REIT Investment in the lower half of its industry. The industry median Gross Margin % is 69.61. Mitsubishi Estate Logistics REIT Investment's value of 65.61% is 5.7% below this benchmark. Historically, Mitsubishi Estate Logistics REIT Investment's own Gross Margin % has ranged from 62.20 to 67.15 over the past decade. While the company's 10-year median is 64.92 vs. the industry median of 69.61, Mitsubishi Estate Logistics REIT Investment 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 69.61, 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. Mitsubishi Estate Logistics REIT Investment's current Gross Margin % of 65.61% is 5.7% 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 Mitsubishi Estate Logistics REIT Investment 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. Mitsubishi Estate Logistics REIT Investment's current Gross Margin % is 65.61%, which is near median its own 10-year median of 64.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mitsubishi Estate Logistics REIT Investment stock overvalued right now?
Based on GuruFocus' analysis, Mitsubishi Estate Logistics REIT Investment (TSE:3481) is currently considered Fairly Valued. The stock's GF Value™ is 円132,780.32, compared to a current price of 円120,900.00 — trading 8.9% below its estimated fair value. The current Gross Margin % is 65.61%, which is near median its 10-year median of 64.92 and 5.7% below the REITs industry median of 69.61. Mitsubishi Estate Logistics REIT Investment's overall GF Score™ is 74/100 with 6 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 Mitsubishi Estate Logistics REIT Investment (TSE:3481), the current Gross Margin % is 65.61% as of Feb. 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 Mitsubishi Estate Logistics REIT Investment (TSE:3481) Overvalued in 2026?
Based on GuruFocus' analysis, Mitsubishi Estate Logistics REIT Investment stock appears to be undervalued.
The current stock price of 円120,900.00 is trading 8.9% below its estimated GF Value™ of 円132,780.32.
GuruFocus considers Mitsubishi Estate Logistics REIT Investment to be Fairly Valued.
Key valuation signals for TSE:3481:
Gross Margin %: 65.61% (near median its 10-year median of 64.92)
GF Value™: 円132,780.32 vs. price of 円120,900.00 (8.9% below fair value)
Industry Position: 5.7% below the REITs median (#401 of 680)
No single metric tells the full story. See the TSE:3481 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mitsubishi Estate Logistics REIT Investment Business Description
Mitsubishi Estate Logistics REIT Investment Corp operates as a real estate investment trust with logistics facilities as its main investment target. Its portfolio consists of eight properties, mainly located in the Tokyo metropolitan area.
74GF Score
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