JRH ASI (WAR:JRH) Gross Margin %: -123.44% (As of Mar. 2026)


WAR:JRH JRH ASI SA WAR:JRH
31 GF Score
Price zł4.50
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What is JRH ASI Gross Margin %?

JRH ASI WAR:JRH +0.45% 31 Gross Margin % is -123.44% as of Mar. 2026. GuruFocus rates WAR:JRH with a GF Score™ of 31/100. Among 551 Asset Management companies, JRH ASI ranks better than 94.56% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. JRH ASI's Gross Profit for the three months ended in Mar. 2026 was zł-0.08 Mil. JRH ASI's Revenue for the three months ended in Mar. 2026 was zł0.06 Mil. Therefore, JRH ASI's Gross Margin % for the quarter that ended in Mar. 2026 was -123.44%.


The historical rank and industry rank for JRH ASI's Gross Margin % or its related term are showing as below:

WAR:JRH' s Gross Margin % Range Over the Past 10 Years
Min: 4.27   Med: 96.39   Max: 123.77
Current: 103.43


During the past 13 years, the highest Gross Margin % of JRH ASI was 123.77%. The lowest was 4.27%. And the median was 96.39%.

WAR:JRH's Gross Margin % is ranked better than
94.56% of 551 companies
in the Asset Management industry
Industry Median: 57.53 vs WAR:JRH: 103.43

JRH ASI had a gross margin of -123.44% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for JRH ASI was 1.40% per year.


JRH ASI  (WAR:JRH) 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

JRH ASI had a gross margin of -123.44% for the quarter that ended in Mar. 2026 => No sustainable 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.


JRH ASI Gross Margin % Related Terms


JRH ASI Gross Margin % Historical Data

* Premium members only.

The historical data trend for JRH ASI'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.

JRH ASI Gross Margin % Chart

JRH ASI Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 98.18 99.40 123.77 96.25 103.17

JRH ASI Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 234.94 102.26 112.25 101.45 -123.44

WAR:JRH vs BLK, BX, KKR: Gross Margin % Comparison

For the Asset Management subindustry, JRH ASI'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.


JRH ASI Gross Margin % vs Asset Management Industry

For the Asset Management industry and Financial Services sector, JRH ASI's Gross Margin % distribution charts can be found below:

* The bar in red indicates where JRH ASI's Gross Margin % falls into.


WAR:JRH
31GF Score
JRH ASI SA WAR:JRH
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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JRH ASI Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

JRH ASI's Gross Margin for the fiscal year that ended in Dec. 2025 is calculated as

Gross Margin % (A: Dec. 2025 )=Gross Profit (A: Dec. 2025 ) / Revenue (A: Dec. 2025 )
=-14 / -13.575
=(Revenue - Cost of Goods Sold) / Revenue
=(-13.575 - 0.43) / -13.575
=103.17 %

JRH ASI's Gross Margin for the quarter that ended in Mar. 2026 is calculated as


Gross Margin % (Q: Mar. 2026 )=Gross Profit (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=-0.1 / 0.064
=(Revenue - Cost of Goods Sold) / Revenue
=(0.064 - 0.143) / 0.064
=-123.44 %

* 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.

Frequently Asked Questions Learn more about Gross Margin % →
What does a Gross Margin % of -123.44% mean?
JRH ASI (WAR:JRH) has a Gross Margin % of -123.44% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on JRH ASI and its competitors. Over the past decade, JRH ASI's Gross Margin % has ranged from 4.27 to 123.77. According to the industry distribution chart, JRH ASI ranks #30 out of 551 companies in the Asset Management industry, placing it in the top 5.4%.
Is JRH ASI's Gross Margin % too high?
JRH ASI's current Gross Margin % is -123.44%. Over the past 10 years, this metric has ranged from a low of 4.27 to a high of 123.77. Based on the distribution chart, JRH ASI ranks #30 out of 551 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, JRH ASI has a GF Score™ of 31/100, reflecting its overall financial health beyond just this single metric.
How does JRH ASI's Gross Margin % compare to BLK and BX?
According to the Asset Management industry distribution chart, JRH ASI ranks #30 out of 551 companies for Gross Margin %. This places JRH ASI in the top 5% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 57.53. Historically, JRH ASI's own Gross Margin % has ranged from 4.27 to 123.77 over the past decade. 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 an Asset Management company?
The median Gross Margin % among Asset Management companies is 57.53, based on 551 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. 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 JRH ASI and its competitors. For the Asset Management industry, the median Gross Margin % is 57.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. JRH ASI's current Gross Margin % is -123.44%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is JRH ASI stock overvalued right now?
JRH ASI (WAR:JRH) has a current Gross Margin % of -123.44%. The current Gross Margin % is -123.44%. JRH ASI's overall GF Score™ is 31/100. 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 JRH ASI (WAR:JRH), the current Gross Margin % is -123.44% 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.

JRH ASI Business Description

Address ul. Wielicka 30, Krakow, POL, 30-611
JRH ASI SA Formerly JR HOLDING S.A offers real estate services. It is engaged in the acquisition of commercial real estate and renting retail space, office and warehouse.
31GF Score

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Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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