FairPlay Properties REIT (XBUL:FPP) Gross Margin %: 0.00% (As of Mar. 2026)


XBUL:FPP FairPlay Properties REIT XBUL:FPP
72 GF Score
Price €0.52
GF Value €4.42
Valuation Possible Value Trap
! 2 Warning Signs
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What is FairPlay Properties REIT Gross Margin %?

FairPlay Properties REIT XBUL:FPP 72 Gross Margin % is 0.00% as of Mar. 2026. GuruFocus rates XBUL:FPP with a GF Score™ of 72/100 and a GF Value™ of €4.42 (Possible Value Trap). The stock has 2 warning signs investors should review. Among 680 REITs companies, FairPlay Properties REIT ranks better than 98.24% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. FairPlay Properties REIT's Gross Profit for the three months ended in Mar. 2026 was €2.01 Mil. FairPlay Properties REIT's Revenue for the three months ended in Mar. 2026 was €2.01 Mil. Therefore, FairPlay Properties REIT's Gross Margin % for the quarter that ended in Mar. 2026 was 0.00%. If there's no value for Cost of Goods Sold, then Gross Margin % is not calculated.


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

XBUL:FPP' s Gross Margin % Range Over the Past 10 Years
Min: 81.14   Med: 95.85   Max: 99.89
Current: 99.89


During the past 10 years, the highest Gross Margin % of FairPlay Properties REIT was 99.89%. The lowest was 81.14%. And the median was 95.85%.

XBUL:FPP's Gross Margin % is ranked better than
98.24% of 680 companies
in the REITs industry
Industry Median: 69.61 vs XBUL:FPP: 99.89

FairPlay Properties REIT had a gross margin of N/A% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for FairPlay Properties REIT was 0.90% per year.


FairPlay Properties REIT  (XBUL:FPP) 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

FairPlay Properties REIT had a gross margin of N/A% 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.


FairPlay Properties REIT Gross Margin % Related Terms


FairPlay Properties REIT Gross Margin % Historical Data

* Premium members only.

The historical data trend for FairPlay Properties REIT'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.

FairPlay Properties REIT Gross Margin % Chart

FairPlay Properties REIT 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 98.54 96.99 98.26 99.24 99.80

FairPlay Properties REIT 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 98.59 99.96 99.38 99.15 0.00

XBUL:FPP vs VICI, WPC: Gross Margin % Comparison

For the REIT - Diversified subindustry, FairPlay Properties REIT'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.


FairPlay Properties REIT Gross Margin % vs REITs Industry

For the REITs industry and Real Estate sector, FairPlay Properties REIT's Gross Margin % distribution charts can be found below:

* The bar in red indicates where FairPlay Properties REIT's Gross Margin % falls into.


XBUL:FPP
72GF Score
FairPlay Properties REIT XBUL:FPP
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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FairPlay Properties REIT Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue. (Note that if there's no value for Cost of Goods Sold, then Gross Margin % is not calculated.)

FairPlay Properties REIT'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 )
=25.5 / 25.576
=(Revenue - Cost of Goods Sold) / Revenue
=(25.576 - 0.051000000000002) / 25.576
=99.80 %

FairPlay Properties REIT'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 )
=2 / 2.008
=(Revenue - Cost of Goods Sold) / Revenue
=(2.008 - 0) / 2.008
=N/A %

* 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 0.00% mean?
FairPlay Properties REIT (XBUL:FPP) has a Gross Margin % of 0.00% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on FairPlay Properties REIT and its competitors. Over the past decade, FairPlay Properties REIT's Gross Margin % has ranged from 81.14 to 99.89. According to the industry distribution chart, FairPlay Properties REIT ranks #12 out of 680 companies in the REITs industry, placing it in the top 1.8%.
Is FairPlay Properties REIT's Gross Margin % too high?
FairPlay Properties REIT's current Gross Margin % is 0.00%. Over the past 10 years, this metric has ranged from a low of 81.14 to a high of 99.89. Based on the distribution chart, FairPlay Properties REIT ranks #12 out of 680 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, FairPlay Properties REIT has a GF Score™ of 72/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does FairPlay Properties REIT's Gross Margin % compare to VICI and WPC?
According to the REITs industry distribution chart, FairPlay Properties REIT ranks #12 out of 680 companies for Gross Margin %. This places FairPlay Properties REIT in the top 2% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 69.61. Historically, FairPlay Properties REIT's own Gross Margin % has ranged from 81.14 to 99.89 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 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. 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 FairPlay Properties REIT 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. FairPlay Properties REIT's current Gross Margin % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is FairPlay Properties REIT stock overvalued right now?
Based on GuruFocus' analysis, FairPlay Properties REIT (XBUL:FPP) is currently considered Possible Value Trap. The stock's GF Value™ is €4.42, compared to a current price of €0.52 — trading 88.2% below its estimated fair value. The current Gross Margin % is 0.00%. FairPlay Properties REIT's overall GF Score™ is 72/100 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 FairPlay Properties REIT (XBUL:FPP), the current Gross Margin % is 0.00% 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 FairPlay Properties REIT (XBUL:FPP) Overvalued in 2026?

Based on GuruFocus' analysis, FairPlay Properties REIT stock appears to be undervalued. The current stock price of €0.52 is trading 88.2% below its estimated GF Value™ of €4.42. GuruFocus considers FairPlay Properties REIT to be Possible Value Trap.

Key valuation signals for XBUL:FPP:

  • Gross Margin %: 0.00%
  • GF Value™: €4.42 vs. price of €0.52 (88.2% below fair value)
  • GF Score™: 72/100 with 2 warning signs

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


FairPlay Properties REIT Business Description

Industry Real EstateREITs
Address 51B Cherni Vruh Boulevard, Sofia, BGR, 1407
FairPlay Properties REIT is a real estate investment trust. The company's portfolio consists of apartment complexes, hotels, commercial buildings, residential buildings, and offices among others. Some of its projects are Fodder Kitchen, Fodder Plant, Moderato Restaurant, Greenville Hotel and Apartment Houses, and others.
72GF Score

Get the complete analysis for XBUL:FPP

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

€0.52
Price
€4.42
GF Value