Varia US PropertiesVARNF 41 Gross Margin % is 64.32% as of Mar. 2026, which is 7% above its 10-year median of 60.25. GuruFocus rates VARNF with a GF Score™ of 41/100 and a GF Value™ of $38.38. The stock has 5 warning signs investors should review. Among 1,643 Real Estate companies, Varia US Properties ranks better than 78.21% on this metric.
The historical rank and industry rank for Varia US Properties's Gross Margin % or its related term are showing as below:
VARNF'
s Gross Margin % Range Over the Past 10 Years
Min: 56.6 Med: 60.25 Max: 67.07
Current: 67.07
During the past 10 years, the highestGross Margin % of Varia US Properties was 67.07%. The lowest was 56.60%. And the median was 60.25%.
VARNF's Gross Margin % is ranked better than 78.21% of 1643
companies
in the Real Estate industry
Industry Median: 37.02
vs VARNF: 67.07
Varia US Properties had a gross margin of 64.32% for the quarter that ended in Mar. 2026 => Durable competitive advantage
The 5-Year average Growth Rate of Gross Margin for Varia US Properties was 2.40% per year.
Varia US Properties (OTCPK:VARNF) 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
Varia US Properties had a gross margin of 64.32% for the quarter that ended in Mar. 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.
Varia US Properties Gross Margin % Related Terms
Varia US Properties Gross Margin % Historical Data
* Premium members only.
The historical data trend for Varia US 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.
VARNF vs CBRE, BEKE, JLL: Gross Margin % Comparison
For the Real Estate Services subindustry, Varia US 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.
Varia US Properties Gross Margin % vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Varia US Properties's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Varia US 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.
Varia US Properties (VARNF) has a Gross Margin % of 64.32% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Varia US Properties and its competitors. This is near median its historical median of 60.25. Over the past decade, Varia US Properties' Gross Margin % has ranged from 56.60 to 67.07. According to the industry distribution chart, Varia US Properties ranks #358 out of 1643 companies in the Real Estate industry, placing it in the top 21.8%.
Is Varia US Properties' Gross Margin % too high?
Varia US Properties' current Gross Margin % of 64.32% is near median its 10-year median of 60.25. Over the past 10 years, this metric has ranged from a low of 56.60 to a high of 67.07. The Real Estate industry median Gross Margin % is 37.02. Varia US Properties' value of 64.32% is 73.7% above this industry median. Based on the distribution chart, Varia US Properties ranks #358 out of 1643 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, Varia US Properties has a GF Score™ of 41/100, reflecting its overall financial health beyond just this single metric.
How does Varia US Properties' Gross Margin % compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Varia US Properties ranks #358 out of 1643 companies for Gross Margin %. This places Varia US Properties in the top 22% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 37.02. Varia US Properties' value of 64.32% is 73.7% above this benchmark. Historically, Varia US Properties' own Gross Margin % has ranged from 56.60 to 67.07 over the past decade. While the company's 10-year median is 60.25 vs. the industry median of 37.02, Varia US 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 37.02, based on 1,643 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. Varia US Properties's current Gross Margin % of 64.32% is 73.7% 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 Varia US Properties and its competitors. For the Real Estate industry, the median Gross Margin % is 37.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Varia US Properties's current Gross Margin % is 64.32%, which is near median its own 10-year median of 60.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Varia US Properties stock overvalued right now?
Varia US Properties (VARNF) has a current Gross Margin % of 64.32%. The stock's GF Value™ is $38.38, compared to a current price of $24.25 — trading 36.8% below its estimated fair value. The current Gross Margin % is 64.32%, which is near median its 10-year median of 60.25 and 73.7% above the Real Estate industry median of 37.02. Varia US Properties' overall GF Score™ is 41/100 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 Varia US Properties (VARNF), the current Gross Margin % is 64.32% as of Mar. 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 Varia US Properties (VARNF) Overvalued in 2026?
Based on GuruFocus' analysis, Varia US Properties stock appears to be undervalued.
The current stock price of $24.25 is trading 36.8% below its estimated GF Value™ of $38.38.
Key valuation signals for VARNF:
Gross Margin %: 64.32% (near median its 10-year median of 60.25)
GF Value™: $38.38 vs. price of $24.25 (36.8% below fair value)
Industry Position: 73.7% above the Real Estate median (#358 of 1643)
No single metric tells the full story. See the VARNF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Varia US Properties Ltd is a Swiss-based company exclusively investing in the United States residential real estate market. It focuses on secondary and tertiary areas characterized by population, employment growth, and limited housing offering. It invests in low to moderate-income and workforce multifamily housing properties. The majority of revenue comes from Rental income.
41GF Score
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