Millionaire Property Fund (BKK:MIPF) Gross Profit: ฿134.8 Mil (TTM As of Mar. 2026)

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BKK:MIPF Millionaire Property Fund BKK:MIPF
80 GF Score
Price ฿9.55
GF Value ฿10.94
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Millionaire Property Fund Gross Profit?

Millionaire Property Fund BKK:MIPF 80 Gross Profit is ฿134.8 Mil as of Mar. 2026. GuruFocus rates BKK:MIPF with a GF Score™ of 80/100 and a GF Value™ of ฿10.94 (Modestly Undervalued). The stock has 2 warning signs investors should review.

Millionaire Property Fund's gross profit for the three months ended in Mar. 2026 was ฿35.2 Mil. Millionaire Property Fund's gross profit for the trailing twelve months (TTM) ended in Mar. 2026 was ฿134.8 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Millionaire Property Fund's gross profit for the three months ended in Mar. 2026 was ฿35.2 Mil. Millionaire Property Fund's Revenue for the three months ended in Mar. 2026 was ฿57.5 Mil. Therefore, Millionaire Property Fund's Gross Margin % for the quarter that ended in Mar. 2026 was 61.16%.

Millionaire Property Fund had a gross margin of 61.16% for the quarter that ended in Mar. 2026 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of Millionaire Property Fund was 62.40%. The lowest was 49.98%. And the median was 55.18%.


Millionaire Property Fund  (BKK:MIPF) Gross Profit 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

Millionaire Property Fund had a gross margin of 61.16% for the quarter that ended in Mar. 2026 => Durable competitive advantage


Millionaire Property Fund Gross Profit Related Terms


Millionaire Property Fund Gross Profit Historical Data

* Premium members only.

The historical data trend for Millionaire Property Fund's Gross Profit 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.

Millionaire Property Fund Gross Profit Chart

Millionaire Property Fund Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 112.99 121.91 125.09 125.20 133.17

Millionaire Property Fund Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Gross Profit 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 33.57 30.88 36.49 32.23 35.17

BKK:MIPF vs BXP, ARE, VNO: Gross Profit Comparison

For the REIT - Office subindustry, Millionaire Property Fund's Gross Profit, along with its competitors' market caps and Gross Profit 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.


Millionaire Property Fund Gross Profit vs REITs Industry

For the REITs industry and Real Estate sector, Millionaire Property Fund's Gross Profit distribution charts can be found below:

* The bar in red indicates where Millionaire Property Fund's Gross Profit falls into.


BKK:MIPF
80GF Score
Millionaire Property Fund BKK:MIPF
Gross Profit is just one metric. See GF Score™, valuation, warning signs, and more.
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Millionaire Property Fund Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

Millionaire Property Fund's Gross Profit for the fiscal year that ended in Dec. 2025 is calculated as

Gross Profit (A: Dec. 2025 )=Revenue - Cost of Goods Sold
=235.329 - 102.162
=133.2

Millionaire Property Fund's Gross Profit for the quarter that ended in Mar. 2026 is calculated as

Gross Profit (Q: Mar. 2026 )=Revenue - Cost of Goods Sold
=57.502 - 22.333
=35.2

Gross Profit for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ฿134.8 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

Millionaire Property Fund'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 )
=(Revenue - Cost of Goods Sold) / Revenue
=35.2 / 57.502
=61.16 %

* 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 Profit →
What does a Gross Profit of ฿134.8 Mil mean?
Millionaire Property Fund (BKK:MIPF) has a Gross Profit of ฿134.8 Mil as of Mar. 2026. Gross Profit equals net sales less total cost of goods sold. View historical data on Millionaire Property Fund and its competitors.
Is Millionaire Property Fund's Gross Profit too high?
Millionaire Property Fund's current Gross Profit is ฿134.8 Mil. Overall, Millionaire Property Fund has a GF Score™ of 80/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Millionaire Property Fund's Gross Profit compare to BXP and ARE?
Millionaire Property Fund's Gross Profit of ฿134.8 Mil can be compared against companies in the REITs industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Profit for a REITs company?
A good Gross Profit depends on the REITs industry context. However, Gross Profit 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 Profit mean?
A high Gross Profit can signal that a stock is expensive relative to its fundamentals. Gross Profit equals net sales less total cost of goods sold. View historical data on Millionaire Property Fund and its competitors. Millionaire Property Fund's current Gross Profit is ฿134.8 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Millionaire Property Fund stock overvalued right now?
Based on GuruFocus' analysis, Millionaire Property Fund (BKK:MIPF) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿10.94, compared to a current price of ฿9.55 — trading 12.7% below its estimated fair value. The current Gross Profit is ฿134.8 Mil. Millionaire Property Fund's overall GF Score™ is 80/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Profit calculated?
Gross Profit is calculated from a company's financial statements. For Millionaire Property Fund (BKK:MIPF), the current Gross Profit is ฿134.8 Mil 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 Millionaire Property Fund (BKK:MIPF) Overvalued in 2026?

Based on GuruFocus' analysis, Millionaire Property Fund stock appears to be undervalued. The current stock price of ฿9.55 is trading 12.7% below its estimated GF Value™ of ฿10.94. GuruFocus considers Millionaire Property Fund to be Modestly Undervalued.

Key valuation signals for BKK:MIPF:

  • Gross Profit: ฿134.8 Mil
  • GF Value™: ฿10.94 vs. price of ฿9.55 (12.7% below fair value)
  • GF Score™: 80/100 with 2 warning signs

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


Millionaire Property Fund Business Description

Industry Real EstateREITs
Address Rama 1 Road, 989 Siam Piwat Tower, 9th, 24th Floor, Pathumwan, Bangkok, THA, 10330
Millionaire Property Fund is a close-ended property fund with no maturity date. The objective of the company is to mobilize funds from the sale of investment units to purchase and/or lease property and procure benefits from such property. The Fund operates in only one business segment which is property investments and the business is only operated in Thailand.
80GF Score

Get the complete analysis for BKK:MIPF

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

฿9.55
Price
฿10.94
GF Value