Hydrogen Freehold and Leasehold REIT (BKK:HYDROGEN) Net Margin %: 65.22% (As of Mar. 2026) — Near Median

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BKK:HYDROGEN Hydrogen Freehold and Leasehold REIT BKK:HYDROGEN
57 GF Score
Price ฿8.20
GF Value ฿9.93
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is Hydrogen Freehold and Leasehold REIT Net Margin %?

Hydrogen Freehold and Leasehold REIT BKK:HYDROGEN 57 Net Margin % is 65.22% as of Mar. 2026, which is 0% above its 10-year median of 64.98. GuruFocus rates BKK:HYDROGEN with a GF Score™ of 57/100 and a GF Value™ of ฿9.93 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 925 REITs companies, Hydrogen Freehold and Leasehold REIT ranks better than 64.43% on this metric.

Net margin is calculated as Net Income divided by its Revenue. Hydrogen Freehold and Leasehold REIT's Net Income for the three months ended in Mar. 2026 was ฿37.6 Mil. Hydrogen Freehold and Leasehold REIT's Revenue for the three months ended in Mar. 2026 was ฿57.7 Mil. Therefore, Hydrogen Freehold and Leasehold REIT's net margin for the quarter that ended in Mar. 2026 was 65.22%.

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

BKK:HYDROGEN' s Net Margin % Range Over the Past 10 Years
Min: -63.99   Med: 64.98   Max: 69
Current: 68.77


BKK:HYDROGEN's Net Margin % is ranked better than
64.43% of 925 companies
in the REITs industry
Industry Median: 45.79 vs BKK:HYDROGEN: 68.77

Hydrogen Freehold and Leasehold REIT  (BKK:HYDROGEN) 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.


Hydrogen Freehold and Leasehold REIT Net Margin % Related Terms


Hydrogen Freehold and Leasehold REIT Net Margin % Historical Data

* Premium members only.

The historical data trend for Hydrogen 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.

Hydrogen Freehold and Leasehold REIT Net Margin % Chart

Hydrogen Freehold and Leasehold REIT Annual Data
Trend Dec22 Dec23 Dec24 Dec25
Net Margin %
61.84 -63.99 69.00 68.12

Hydrogen Freehold and Leasehold REIT Quarterly Data
Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 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 62.61 62.95 62.68 86.05 65.22

BKK:HYDROGEN vs VICI, WPC, BNL: Net Margin % Comparison

For the REIT - Diversified subindustry, Hydrogen 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.


Hydrogen Freehold and Leasehold REIT Net Margin % vs REITs Industry

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

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


BKK:HYDROGEN
57GF Score
Hydrogen Freehold and Leasehold REIT BKK:HYDROGEN
Net Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hydrogen 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.

Hydrogen 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 )
=151.769/222.795
=68.12 %

Hydrogen 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 )
=37.619/57.683
=65.22 %

* 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 65.22% mean?
Hydrogen Freehold and Leasehold REIT (BKK:HYDROGEN) has a Net Margin % of 65.22% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on Hydrogen Freehold and Leasehold REIT and its competitors. This is near median its historical median of 64.98. According to the industry distribution chart, Hydrogen Freehold and Leasehold REIT ranks #329 out of 925 companies in the REITs industry, placing it in the top 35.6%.
Is Hydrogen Freehold and Leasehold REIT's Net Margin % too high?
Hydrogen Freehold and Leasehold REIT's current Net Margin % of 65.22% is near median its 10-year median of 64.98. The REITs industry median Net Margin % is 45.79. Hydrogen Freehold and Leasehold REIT's value of 65.22% is 42.4% above this industry median. Based on the distribution chart, Hydrogen Freehold and Leasehold REIT ranks #329 out of 925 companies in the REITs industry, which is above the industry midpoint. Overall, Hydrogen Freehold and Leasehold REIT has a GF Score™ of 57/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hydrogen Freehold and Leasehold REIT's Net Margin % compare to VICI and WPC?
According to the REITs industry distribution chart, Hydrogen Freehold and Leasehold REIT ranks #329 out of 925 companies for Net Margin %. This puts Hydrogen Freehold and Leasehold REIT in the upper half of its industry. The industry median Net Margin % is 45.79. Hydrogen Freehold and Leasehold REIT's value of 65.22% is 42.4% above this benchmark. While the company's 10-year median is 64.98 vs. the industry median of 45.79, Hydrogen 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 45.79, based on 925 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. Hydrogen Freehold and Leasehold REIT's current Net Margin % of 65.22% is 42.4% 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 Hydrogen Freehold and Leasehold REIT and its competitors. For the REITs industry, the median Net Margin % is 45.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hydrogen Freehold and Leasehold REIT's current Net Margin % is 65.22%, which is near median its own 10-year median of 64.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hydrogen Freehold and Leasehold REIT stock overvalued right now?
Based on GuruFocus' analysis, Hydrogen Freehold and Leasehold REIT (BKK:HYDROGEN) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿9.93, compared to a current price of ฿8.20 — trading 17.4% below its estimated fair value. The current Net Margin % is 65.22%, which is near median its 10-year median of 64.98 and 42.4% above the REITs industry median of 45.79. Hydrogen Freehold and Leasehold REIT's overall GF Score™ is 57/100 with 4 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 Hydrogen Freehold and Leasehold REIT (BKK:HYDROGEN), the current Net Margin % is 65.22% 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 Hydrogen Freehold and Leasehold REIT (BKK:HYDROGEN) Overvalued in 2026?

Based on GuruFocus' analysis, Hydrogen Freehold and Leasehold REIT stock appears to be undervalued. The current stock price of ฿8.20 is trading 17.4% below its estimated GF Value™ of ฿9.93. GuruFocus considers Hydrogen Freehold and Leasehold REIT to be Modestly Undervalued.

Key valuation signals for BKK:HYDROGEN:

  • Net Margin %: 65.22% (near median its 10-year median of 64.98)
  • GF Value™: ฿9.93 vs. price of ฿8.20 (17.4% below fair value)
  • GF Score™: 57/100 with 4 warning signs
  • Industry Position: 42.4% above the REITs median (#329 of 925)

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


Hydrogen Freehold and Leasehold REIT Business Description

Industry Real EstateREITs
Address No. 989, Rama 3 Road, Bangpongpang Sub-district, Yannawa District, Bangkok, THA, 10120
Hydrogen Freehold and Leasehold REIT is a close-ended trust that invests in the freehold rights, the leasehold and sub-leasehold rights over parts of land, factory, warehouse, and moveable properties of Saha Group Industrial Park - Kabinburi; Saha Group Industrial Park - Mae Sot, Saha Group Industrial Park - Sriracha, and Tiger Suvarnabhumi Distribution Center - Lat Krabang.
57GF Score

Get the complete analysis for BKK:HYDROGEN

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

฿8.20
Price
฿9.93
GF Value