AmFirst Real Estate Investment Trust (XKLS:5120) Gross Margin %: 54.75% (As of Mar. 2026) — Near Median


XKLS:5120 AmFirst Real Estate Investment Trust XKLS:5120
44 GF Score
Price RM0.33
GF Value RM0.34
Valuation Fairly Valued
! 5 Warning Signs
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What is AmFirst Real Estate Investment Trust Gross Margin %?

AmFirst Real Estate Investment Trust XKLS:5120 +3.13% 44 Gross Margin % is 54.75% as of Mar. 2026, which is 4% above its 10-year median of 52.76. GuruFocus rates XKLS:5120 with a GF Score™ of 44/100 and a GF Value™ of RM0.34 (Fairly Valued). The stock has 5 warning signs investors should review. Among 681 REITs companies, AmFirst Real Estate Investment Trust ranks worse than 83.7% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. AmFirst Real Estate Investment Trust's Gross Profit for the three months ended in Mar. 2026 was RM15.7 Mil. AmFirst Real Estate Investment Trust's Revenue for the three months ended in Mar. 2026 was RM28.7 Mil. Therefore, AmFirst Real Estate Investment Trust's Gross Margin % for the quarter that ended in Mar. 2026 was 54.75%.


The historical rank and industry rank for AmFirst Real Estate Investment Trust's Gross Margin % or its related term are showing as below:

XKLS:5120' s Gross Margin % Range Over the Past 10 Years
Min: 49.55   Med: 52.76   Max: 59.64
Current: 51.22


During the past 13 years, the highest Gross Margin % of AmFirst Real Estate Investment Trust was 59.64%. The lowest was 49.55%. And the median was 52.76%.

XKLS:5120's Gross Margin % is ranked worse than
83.7% of 681 companies
in the REITs industry
Industry Median: 69.62 vs XKLS:5120: 51.22

AmFirst Real Estate Investment Trust had a gross margin of 54.75% for the quarter that ended in Mar. 2026 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for AmFirst Real Estate Investment Trust was -0.70% per year.


AmFirst Real Estate Investment Trust  (XKLS:5120) 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

AmFirst Real Estate Investment Trust had a gross margin of 54.75% 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.


AmFirst Real Estate Investment Trust Gross Margin % Related Terms


AmFirst Real Estate Investment Trust Gross Margin % Historical Data

* Premium members only.

The historical data trend for AmFirst Real Estate Investment Trust'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.

AmFirst Real Estate Investment Trust Gross Margin % Chart

AmFirst Real Estate Investment Trust Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 52.04 49.98 49.55 51.45 51.21

AmFirst Real Estate Investment Trust 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 56.23 51.71 47.81 50.33 54.75

XKLS:5120 vs VICI, WPC, BNL: Gross Margin % Comparison

For the REIT - Diversified subindustry, AmFirst Real Estate Investment Trust'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.


AmFirst Real Estate Investment Trust Gross Margin % vs REITs Industry

For the REITs industry and Real Estate sector, AmFirst Real Estate Investment Trust's Gross Margin % distribution charts can be found below:

* The bar in red indicates where AmFirst Real Estate Investment Trust's Gross Margin % falls into.


XKLS:5120
44GF Score
AmFirst Real Estate Investment Trust XKLS:5120
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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AmFirst Real Estate Investment Trust Gross Margin % Calculation

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

AmFirst Real Estate Investment Trust's Gross Margin for the fiscal year that ended in Mar. 2026 is calculated as

Gross Margin % (A: Mar. 2026 )=Gross Profit (A: Mar. 2026 ) / Revenue (A: Mar. 2026 )
=56.5 / 110.263
=(Revenue - Cost of Goods Sold) / Revenue
=(110.263 - 53.796) / 110.263
=51.21 %

AmFirst Real Estate Investment Trust'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 )
=15.7 / 28.68
=(Revenue - Cost of Goods Sold) / Revenue
=(28.68 - 12.977) / 28.68
=54.75 %

* 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 54.75% mean?
AmFirst Real Estate Investment Trust (XKLS:5120) has a Gross Margin % of 54.75% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on AmFirst Real Estate Investment Trust and its competitors. This is near median its historical median of 52.76. Over the past decade, AmFirst Real Estate Investment Trust's Gross Margin % has ranged from 49.55 to 59.64. According to the industry distribution chart, AmFirst Real Estate Investment Trust ranks #570 out of 681 companies in the REITs industry, placing it in the top 83.7%.
Is AmFirst Real Estate Investment Trust's Gross Margin % too high?
AmFirst Real Estate Investment Trust's current Gross Margin % of 54.75% is near median its 10-year median of 52.76. Over the past 10 years, this metric has ranged from a low of 49.55 to a high of 59.64. The REITs industry median Gross Margin % is 69.62. AmFirst Real Estate Investment Trust's value of 54.75% is 21.4% below this industry median. Based on the distribution chart, AmFirst Real Estate Investment Trust ranks #570 out of 681 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, AmFirst Real Estate Investment Trust has a GF Score™ of 44/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does AmFirst Real Estate Investment Trust's Gross Margin % compare to VICI and WPC?
According to the REITs industry distribution chart, AmFirst Real Estate Investment Trust ranks #570 out of 681 companies for Gross Margin %. This places AmFirst Real Estate Investment Trust in the lower half of its industry. The industry median Gross Margin % is 69.62. AmFirst Real Estate Investment Trust's value of 54.75% is 21.4% below this benchmark. Historically, AmFirst Real Estate Investment Trust's own Gross Margin % has ranged from 49.55 to 59.64 over the past decade. While the company's 10-year median is 52.76 vs. the industry median of 69.62, AmFirst Real Estate Investment Trust 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 69.62, based on 681 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. AmFirst Real Estate Investment Trust's current Gross Margin % of 54.75% is 21.4% 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 AmFirst Real Estate Investment Trust and its competitors. For the REITs industry, the median Gross Margin % is 69.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AmFirst Real Estate Investment Trust's current Gross Margin % is 54.75%, which is near median its own 10-year median of 52.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AmFirst Real Estate Investment Trust stock overvalued right now?
Based on GuruFocus' analysis, AmFirst Real Estate Investment Trust (XKLS:5120) is currently considered Fairly Valued. The stock's GF Value™ is RM0.34, compared to a current price of RM0.33 — trading 2.9% below its estimated fair value. The current Gross Margin % is 54.75%, which is near median its 10-year median of 52.76 and 21.4% below the REITs industry median of 69.62. AmFirst Real Estate Investment Trust's overall GF Score™ is 44/100 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 AmFirst Real Estate Investment Trust (XKLS:5120), the current Gross Margin % is 54.75% 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 AmFirst Real Estate Investment Trust (XKLS:5120) Overvalued in 2026?

Based on GuruFocus' analysis, AmFirst Real Estate Investment Trust stock appears to be undervalued. The current stock price of RM0.33 is trading 2.9% below its estimated GF Value™ of RM0.34. GuruFocus considers AmFirst Real Estate Investment Trust to be Fairly Valued.

Key valuation signals for XKLS:5120:

  • Gross Margin %: 54.75% (near median its 10-year median of 52.76)
  • GF Value™: RM0.34 vs. price of RM0.33 (2.9% below fair value)
  • GF Score™: 44/100 with 5 warning signs
  • Industry Position: 21.4% below the REITs median (#570 of 681)

No single metric tells the full story. See the XKLS:5120 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


AmFirst Real Estate Investment Trust Business Description

Industry Real EstateREITs
Address Jalan Stadium SS 7/15, SS 7, Suite 101-2, Level 1, Tower 2, Wisma AmFIRST, Petaling Jaya, SGR, MYS, 47301
AmFirst Real Estate Investment Trust is engaged mainly in owning and investing in real estate and related assets, through the ownership of single-purpose companies whose principal assets comprise of real estate and real estate-related assets. It owns a portfolio of almost nine commercial properties in majority growth areas of Malaysia, majorly in the Klang Valley.
44GF Score

Get the complete analysis for XKLS:5120

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

RM0.33
Price
RM0.34
GF Value