Hedge Logistica Fundo Investimento Imobiliario (BSP:HLOG11) Net Margin %: 94.02% (As of Dec. 2025) — Near Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BSP:HLOG11 Hedge Logistica Fundo Investimento Imobiliario BSP:HLOG11
29 GF Score
Price R$8.80
! 1 Warning Sign
View Full Analysis

What is Hedge Logistica Fundo Investimento Imobiliario Net Margin %?

Hedge Logistica Fundo Investimento Imobiliario BSP:HLOG11 -1.57% 29 Net Margin % is 94.02% as of Dec. 2025, which is 5% below its 10-year median of 98.46. GuruFocus rates BSP:HLOG11 with a GF Score™ of 29/100. The stock has 1 warning sign investors should review. Among 930 REITs companies, Hedge Logistica Fundo Investimento Imobiliario ranks better than 81.94% on this metric.

Net margin is calculated as Net Income divided by its Revenue. Hedge Logistica Fundo Investimento Imobiliario's Net Income for the six months ended in Dec. 2025 was R$75.30 Mil. Hedge Logistica Fundo Investimento Imobiliario's Revenue for the six months ended in Dec. 2025 was R$80.09 Mil. Therefore, Hedge Logistica Fundo Investimento Imobiliario's net margin for the quarter that ended in Dec. 2025 was 94.02%.

The historical rank and industry rank for Hedge Logistica Fundo Investimento Imobiliario's Net Margin % or its related term are showing as below:

BSP:HLOG11' s Net Margin % Range Over the Past 10 Years
Min: -170.11   Med: 98.46   Max: 451.04
Current: 94.02


BSP:HLOG11's Net Margin % is ranked better than
81.94% of 930 companies
in the REITs industry
Industry Median: 45.23 vs BSP:HLOG11: 94.02

Hedge Logistica Fundo Investimento Imobiliario  (BSP:HLOG11) 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.


Hedge Logistica Fundo Investimento Imobiliario Net Margin % Related Terms


Hedge Logistica Fundo Investimento Imobiliario Net Margin % Historical Data

* Premium members only.

The historical data trend for Hedge Logistica Fundo Investimento Imobiliario'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.

Hedge Logistica Fundo Investimento Imobiliario Net Margin % Chart

Hedge Logistica Fundo Investimento Imobiliario Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Net Margin %
Get a 7-Day Free Trial -170.11 99.23 87.77 451.04 94.02

Hedge Logistica Fundo Investimento Imobiliario Semi-Annual Data
Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Net Margin % Get a 7-Day Free Trial -170.11 99.23 87.77 451.04 94.02

BSP:HLOG11 vs PLD, PSA, EXR: Net Margin % Comparison

For the REIT - Industrial subindustry, Hedge Logistica Fundo Investimento Imobiliario'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.


Hedge Logistica Fundo Investimento Imobiliario Net Margin % vs REITs Industry

For the REITs industry and Real Estate sector, Hedge Logistica Fundo Investimento Imobiliario's Net Margin % distribution charts can be found below:

* The bar in red indicates where Hedge Logistica Fundo Investimento Imobiliario's Net Margin % falls into.


BSP:HLOG11
29GF Score
Hedge Logistica Fundo Investimento Imobiliario BSP:HLOG11
Net Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hedge Logistica Fundo Investimento Imobiliario 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.

Hedge Logistica Fundo Investimento Imobiliario'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 )
=75.302/80.089
=94.02 %

Hedge Logistica Fundo Investimento Imobiliario's Net Margin for the quarter that ended in Dec. 2025 is calculated as

Net Margin=Net Income (Q: Dec. 2025 )/Revenue (Q: Dec. 2025 )
=75.302/80.089
=94.02 %

* 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 94.02% mean?
Hedge Logistica Fundo Investimento Imobiliario (BSP:HLOG11) has a Net Margin % of 94.02% as of Dec. 2025. Net margin is the ratio of total net income to net sales. View historical data on Hedge Logistica Fundo Investimento Imobiliario and its competitors. This is near median its historical median of 98.46. According to the industry distribution chart, Hedge Logistica Fundo Investimento Imobiliario ranks #168 out of 930 companies in the REITs industry, placing it in the top 18.1%.
Is Hedge Logistica Fundo Investimento Imobiliario's Net Margin % too high?
Hedge Logistica Fundo Investimento Imobiliario's current Net Margin % of 94.02% is near median its 10-year median of 98.46. The REITs industry median Net Margin % is 45.23. Hedge Logistica Fundo Investimento Imobiliario's value of 94.02% is 107.9% above this industry median. Based on the distribution chart, Hedge Logistica Fundo Investimento Imobiliario ranks #168 out of 930 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, Hedge Logistica Fundo Investimento Imobiliario has a GF Score™ of 29/100, reflecting its overall financial health beyond just this single metric.
How does Hedge Logistica Fundo Investimento Imobiliario's Net Margin % compare to PLD and PSA?
According to the REITs industry distribution chart, Hedge Logistica Fundo Investimento Imobiliario ranks #168 out of 930 companies for Net Margin %. This places Hedge Logistica Fundo Investimento Imobiliario in the top 18% of its industry — outperforming the majority of peers. The industry median Net Margin % is 45.23. Hedge Logistica Fundo Investimento Imobiliario's value of 94.02% is 107.9% above this benchmark. While the company's 10-year median is 98.46 vs. the industry median of 45.23, Hedge Logistica Fundo Investimento Imobiliario 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 45.23, based on 930 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. Hedge Logistica Fundo Investimento Imobiliario's current Net Margin % of 94.02% is 107.9% 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 Hedge Logistica Fundo Investimento Imobiliario and its competitors. For the REITs industry, the median Net Margin % is 45.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hedge Logistica Fundo Investimento Imobiliario's current Net Margin % is 94.02%, which is near median its own 10-year median of 98.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hedge Logistica Fundo Investimento Imobiliario stock overvalued right now?
Hedge Logistica Fundo Investimento Imobiliario (BSP:HLOG11) has a current Net Margin % of 94.02%. The current Net Margin % is 94.02%, which is near median its 10-year median of 98.46 and 107.9% above the REITs industry median of 45.23. Hedge Logistica Fundo Investimento Imobiliario's overall GF Score™ is 29/100 with 1 warning sign 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 Hedge Logistica Fundo Investimento Imobiliario (BSP:HLOG11), the current Net Margin % is 94.02% as of Dec. 2025. 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.

Hedge Logistica Fundo Investimento Imobiliario Business Description

Industry Real EstateREITs
Address AV. BRIG. FARIA LIMA, 3600, 11th Floor (CJ 112) PARTE, ITAIM BIBI, Sao Paulo, SP, BRA, 4538132
Hedge Logistica Fundo Investimento Imobiliario is a closed end fund. The fund's objective is to provide its shareholders with long-term appreciation and profitability of their shares, in accordance with its investment policy, by investing at least two- thirds of its net worth, directly or indirectly, in constructed projects, predominantly intended for logistics and industrial operations , in whole or in part, as well as assets and rights related thereto.
29GF Score

Get the complete analysis for BSP:HLOG11

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

R$8.80
Price