Letus Capital (WAR:LET) Gross Margin %: 94.39% (As of Mar. 2026) — 90% Above Median


WAR:LET Letus Capital SA WAR:LET
38 GF Score
Price zł0.16
GF Value zł1.15
Valuation Possible Value Trap
! 2 Warning Signs
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What is Letus Capital Gross Margin %?

Letus Capital WAR:LET 38 Gross Margin % is 94.39% as of Mar. 2026, which is 90% above its 10-year median of 49.81. GuruFocus rates WAR:LET with a GF Score™ of 38/100 and a GF Value™ of zł1.15 (Possible Value Trap). The stock has 2 warning signs investors should review. Among 1,646 Real Estate companies, Letus Capital ranks better than 95.75% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Letus Capital's Gross Profit for the three months ended in Mar. 2026 was zł0.10 Mil. Letus Capital's Revenue for the three months ended in Mar. 2026 was zł0.11 Mil. Therefore, Letus Capital's Gross Margin % for the quarter that ended in Mar. 2026 was 94.39%.


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

WAR:LET' s Gross Margin % Range Over the Past 10 Years
Min: 27.32   Med: 49.81   Max: 93.23
Current: 93.23


During the past 13 years, the highest Gross Margin % of Letus Capital was 93.23%. The lowest was 27.32%. And the median was 49.81%.

WAR:LET's Gross Margin % is ranked better than
95.75% of 1646 companies
in the Real Estate industry
Industry Median: 36.96 vs WAR:LET: 93.23

Letus Capital had a gross margin of 94.39% for the quarter that ended in Mar. 2026 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Letus Capital was 20.70% per year.


Letus Capital  (WAR:LET) 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

Letus Capital had a gross margin of 94.39% 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.


Letus Capital Gross Margin % Related Terms


Letus Capital Gross Margin % Historical Data

* Premium members only.

The historical data trend for Letus Capital'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.

Letus Capital Gross Margin % Chart

Letus Capital 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 34.57 39.53 76.67 90.28 92.10

Letus Capital 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 90.28 89.23 90.28 97.53 94.39

WAR:LET vs CBRE, BEKE, CSGP: Gross Margin % Comparison

For the Real Estate Services subindustry, Letus Capital'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.


Letus Capital Gross Margin % vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Letus Capital's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Letus Capital's Gross Margin % falls into.


WAR:LET
38GF Score
Letus Capital SA WAR:LET
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Letus Capital Gross Margin % Calculation

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

Letus Capital'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 )
=0.3 / 0.291
=(Revenue - Cost of Goods Sold) / Revenue
=(0.291 - 0.023) / 0.291
=92.10 %

Letus Capital'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 / 0.107
=(Revenue - Cost of Goods Sold) / Revenue
=(0.107 - 0.006) / 0.107
=94.39 %

* 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 94.39% mean?
Letus Capital (WAR:LET) has a Gross Margin % of 94.39% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Letus Capital and its competitors. This is 90% above median its historical median of 49.81. Over the past decade, Letus Capital's Gross Margin % has ranged from 27.32 to 93.23. According to the industry distribution chart, Letus Capital ranks #70 out of 1646 companies in the Real Estate industry, placing it in the top 4.3%.
Is Letus Capital's Gross Margin % too high?
Letus Capital's current Gross Margin % of 94.39% is 90% above median its 10-year median of 49.81. Over the past 10 years, this metric has ranged from a low of 27.32 to a high of 93.23. The Real Estate industry median Gross Margin % is 36.96. Letus Capital's value of 94.39% is 155.4% above this industry median. Based on the distribution chart, Letus Capital ranks #70 out of 1646 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, Letus Capital has a GF Score™ of 38/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Letus Capital's Gross Margin % compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Letus Capital ranks #70 out of 1646 companies for Gross Margin %. This places Letus Capital in the top 4% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 36.96. Letus Capital's value of 94.39% is 155.4% above this benchmark. Historically, Letus Capital's own Gross Margin % has ranged from 27.32 to 93.23 over the past decade. While the company's 10-year median is 49.81 vs. the industry median of 36.96, Letus Capital 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 1,646 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. Letus Capital's current Gross Margin % of 94.39% is 155.4% 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 Letus Capital 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. Letus Capital's current Gross Margin % is 94.39%, which is 90% above median its own 10-year median of 49.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Letus Capital stock overvalued right now?
Based on GuruFocus' analysis, Letus Capital (WAR:LET) is currently considered Possible Value Trap. The stock's GF Value™ is zł1.15, compared to a current price of zł0.16 — trading 86.1% below its estimated fair value. The current Gross Margin % is 94.39%, which is 90% above median its 10-year median of 49.81 and 155.4% above the Real Estate industry median of 36.96. Letus Capital's overall GF Score™ is 38/100 with 2 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 Letus Capital (WAR:LET), the current Gross Margin % is 94.39% 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 Letus Capital (WAR:LET) Overvalued in 2026?

Based on GuruFocus' analysis, Letus Capital stock appears to be undervalued. The current stock price of zł0.16 is trading 86.1% below its estimated GF Value™ of zł1.15. GuruFocus considers Letus Capital to be Possible Value Trap.

Key valuation signals for WAR:LET:

  • Gross Margin %: 94.39% (90% above median its 10-year median of 49.81)
  • GF Value™: zł1.15 vs. price of zł0.16 (86.1% below fair value)
  • GF Score™: 38/100 with 2 warning signs
  • Industry Position: 155.4% above the Real Estate median (#70 of 1646)

No single metric tells the full story. See the WAR:LET stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Letus Capital Business Description

Address Al. Jerozolimskie 85/21, Warsaw, POL, 02-001
Letus Capital SA core business is the real estate market, focusing on long-term commercial rentals and short-term rentals, including hotels and guesthouses. The company also through its subsidiaries engaged in transportation and construction services.
38GF Score

Get the complete analysis for WAR:LET

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

zł0.16
Price
zł1.15
GF Value