Axtra Future City Freehold and Leasehold REIT (BKK:AXTRART) Net Margin %: 78.40% (As of Mar. 2026) — 10% Below Median


BKK:AXTRART Axtra Future City Freehold and Leasehold REIT BKK:AXTRART
85 GF Score
Price ฿12.80
GF Value ฿13.10
Valuation Fairly Valued
! 3 Warning Signs
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What is Axtra Future City Freehold and Leasehold REIT Net Margin %?

Axtra Future City Freehold and Leasehold REIT BKK:AXTRART +0.79% 85 Net Margin % is 78.40% as of Mar. 2026, which is 10% below its 10-year median of 87.09. GuruFocus rates BKK:AXTRART with a GF Score™ of 85/100 and a GF Value™ of ฿13.10 (Fairly Valued). The stock has 3 warning signs investors should review. Among 928 REITs companies, Axtra Future City Freehold and Leasehold REIT ranks better than 83.62% on this metric.

Net margin is calculated as Net Income divided by its Revenue. Axtra Future City Freehold and Leasehold REIT's Net Income for the three months ended in Mar. 2026 was ฿530 Mil. Axtra Future City Freehold and Leasehold REIT's Revenue for the three months ended in Mar. 2026 was ฿675 Mil. Therefore, Axtra Future City Freehold and Leasehold REIT's net margin for the quarter that ended in Mar. 2026 was 78.40%.

The historical rank and industry rank for Axtra Future City Freehold and Leasehold REIT's Net Margin % or its related term are showing as below:

BKK:AXTRART' s Net Margin % Range Over the Past 10 Years
Min: 26.24   Med: 87.09   Max: 100.34
Current: 95.91


BKK:AXTRART's Net Margin % is ranked better than
83.62% of 928 companies
in the REITs industry
Industry Median: 44.95 vs BKK:AXTRART: 95.91

Axtra Future City Freehold and Leasehold REIT  (BKK:AXTRART) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Axtra Future City Freehold and Leasehold REIT Net Margin % Related Terms


Axtra Future City Freehold and Leasehold REIT Net Margin % Historical Data

* Premium members only.

The historical data trend for Axtra Future City Freehold and Leasehold REIT's Net 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.

Axtra Future City Freehold and Leasehold REIT Net Margin % Chart

Axtra Future City Freehold and Leasehold REIT Annual Data
Trend Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Dec25
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 58.49 61.74 26.24 78.42 96.48

Axtra Future City Freehold and Leasehold REIT Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Net 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 80.98 79.46 80.67 144.31 78.40

BKK:AXTRART vs SPG, O, KIM: Net Margin % Comparison

For the REIT - Retail subindustry, Axtra Future City Freehold and Leasehold REIT's Net Margin %, along with its competitors' market caps and Net 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.


Axtra Future City Freehold and Leasehold REIT Net Margin % vs REITs Industry

For the REITs industry and Real Estate sector, Axtra Future City Freehold and Leasehold REIT's Net Margin % distribution charts can be found below:

* The bar in red indicates where Axtra Future City Freehold and Leasehold REIT's Net Margin % falls into.


BKK:AXTRART
85GF Score
Axtra Future City Freehold and Leasehold REIT BKK:AXTRART
Net Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Axtra Future City Freehold and Leasehold REIT Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Axtra Future City Freehold and Leasehold REIT's Net Margin for the fiscal year that ended in Dec. 2025 is calculated as

Net Margin=Net Income (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=2658.515/2755.605
=96.48 %

Axtra Future City Freehold and Leasehold REIT's Net Margin for the quarter that ended in Mar. 2026 is calculated as

Net Margin=Net Income (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=529.53/675.443
=78.40 %

* 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.

Frequently Asked Questions Learn more about Net Margin % →
What does a Net Margin % of 78.40% mean?
Axtra Future City Freehold and Leasehold REIT (BKK:AXTRART) has a Net Margin % of 78.40% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on Axtra Future City Freehold and Leasehold REIT and its competitors. This is 10% below median its historical median of 87.09. Over the past decade, Axtra Future City Freehold and Leasehold REIT's Net Margin % has ranged from 26.24 to 100.34. According to the industry distribution chart, Axtra Future City Freehold and Leasehold REIT ranks #152 out of 928 companies in the REITs industry, placing it in the top 16.4%.
Is Axtra Future City Freehold and Leasehold REIT's Net Margin % too high?
Axtra Future City Freehold and Leasehold REIT's current Net Margin % of 78.40% is 10% below median its 10-year median of 87.09. Over the past 10 years, this metric has ranged from a low of 26.24 to a high of 100.34. The REITs industry median Net Margin % is 44.95. Axtra Future City Freehold and Leasehold REIT's value of 78.40% is 74.4% above this industry median. Based on the distribution chart, Axtra Future City Freehold and Leasehold REIT ranks #152 out of 928 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, Axtra Future City Freehold and Leasehold REIT has a GF Score™ of 85/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Axtra Future City Freehold and Leasehold REIT's Net Margin % compare to SPG and O?
According to the REITs industry distribution chart, Axtra Future City Freehold and Leasehold REIT ranks #152 out of 928 companies for Net Margin %. This places Axtra Future City Freehold and Leasehold REIT in the top 16% of its industry — outperforming the majority of peers. The industry median Net Margin % is 44.95. Axtra Future City Freehold and Leasehold REIT's value of 78.40% is 74.4% above this benchmark. Historically, Axtra Future City Freehold and Leasehold REIT's own Net Margin % has ranged from 26.24 to 100.34 over the past decade. While the company's 10-year median is 87.09 vs. the industry median of 44.95, Axtra Future City Freehold and Leasehold REIT 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 Net Margin % for a REITs company?
The median Net Margin % among REITs companies is 44.95, based on 928 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Axtra Future City Freehold and Leasehold REIT's current Net Margin % of 78.40% is 74.4% 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 Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on Axtra Future City Freehold and Leasehold REIT and its competitors. For the REITs industry, the median Net Margin % is 44.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Axtra Future City Freehold and Leasehold REIT's current Net Margin % is 78.40%, which is 10% below median its own 10-year median of 87.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Axtra Future City Freehold and Leasehold REIT stock overvalued right now?
Based on GuruFocus' analysis, Axtra Future City Freehold and Leasehold REIT (BKK:AXTRART) is currently considered Fairly Valued. The stock's GF Value™ is ฿13.10, compared to a current price of ฿12.80 — trading 2.3% below its estimated fair value. The current Net Margin % is 78.40%, which is 10% below median its 10-year median of 87.09 and 74.4% above the REITs industry median of 44.95. Axtra Future City Freehold and Leasehold REIT's overall GF Score™ is 85/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For Axtra Future City Freehold and Leasehold REIT (BKK:AXTRART), the current Net Margin % is 78.40% 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 Axtra Future City Freehold and Leasehold REIT (BKK:AXTRART) Overvalued in 2026?

Based on GuruFocus' analysis, Axtra Future City Freehold and Leasehold REIT stock appears to be undervalued. The current stock price of ฿12.80 is trading 2.3% below its estimated GF Value™ of ฿13.10. GuruFocus considers Axtra Future City Freehold and Leasehold REIT to be Fairly Valued.

Key valuation signals for BKK:AXTRART:

  • Net Margin %: 78.40% (10% below median its 10-year median of 87.09)
  • GF Value™: ฿13.10 vs. price of ฿12.80 (2.3% below fair value)
  • GF Score™: 85/100 with 3 warning signs
  • Industry Position: 74.4% above the REITs median (#152 of 928)

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


Axtra Future City Freehold and Leasehold REIT Business Description

Industry Real EstateREITs
Address Sukhumvit Raod, No. 111, 10th Floor, Unit 1001/1, True Digital Park West, Bang Chak, Phra Khanong, Bangkok, THA, 10260
Axtra Future City Freehold and Leasehold REIT is a closed-end retail growth freehold and leasehold property fund. The Fund's objective is to seek funds from investors, invest mostly in property or property leasehold rights and generate benefit from such property. It Invest in Freehold & Leasehold of properties which comprises of nearly 23 shopping malls (Lotus's). The company operates only in Thailand.
85GF Score

Get the complete analysis for BKK:AXTRART

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

฿12.80
Price
฿13.10
GF Value