Legatus Shoppings Fundo DE Investimento Imobiliario - FII (BSP:LASC11) Net Margin %: 97.72% (As of Dec. 2025) — 48% Below Median


BSP:LASC11 Legatus Shoppings Fundo DE Investimento Imobiliario - FII BSP:LASC11
53 GF Score
Price R$111.99
GF Value R$104.23
Valuation Fairly Valued
! 5 Warning Signs
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What is Legatus Shoppings Fundo DE Investimento Imobiliario - FII Net Margin %?

Legatus Shoppings Fundo DE Investimento Imobiliario - FII BSP:LASC11 +0.96% 53 Net Margin % is 97.72% as of Dec. 2025, which is 48% below its 10-year median of 188.46. GuruFocus rates BSP:LASC11 with a GF Score™ of 53/100 and a GF Value™ of R$104.23 (Fairly Valued). The stock has 5 warning signs investors should review. Among 929 REITs companies, Legatus Shoppings Fundo DE Investimento Imobiliario - FII ranks better than 85.36% on this metric.

Net margin is calculated as Net Income divided by its Revenue. Legatus Shoppings Fundo DE Investimento Imobiliario - FII's Net Income for the six months ended in Dec. 2025 was R$26.85 Mil. Legatus Shoppings Fundo DE Investimento Imobiliario - FII's Revenue for the six months ended in Dec. 2025 was R$27.48 Mil. Therefore, Legatus Shoppings Fundo DE Investimento Imobiliario - FII's net margin for the quarter that ended in Dec. 2025 was 97.72%.

The historical rank and industry rank for Legatus Shoppings Fundo DE Investimento Imobiliario - FII's Net Margin % or its related term are showing as below:

BSP:LASC11' s Net Margin % Range Over the Past 10 Years
Min: 48.48   Med: 188.46   Max: 288.6
Current: 97.72


BSP:LASC11's Net Margin % is ranked better than
85.36% of 929 companies
in the REITs industry
Industry Median: 45.13 vs BSP:LASC11: 97.72

Legatus Shoppings Fundo DE Investimento Imobiliario - FII  (BSP:LASC11) 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.


Legatus Shoppings Fundo DE Investimento Imobiliario - FII Net Margin % Related Terms


Legatus Shoppings Fundo DE Investimento Imobiliario - FII Net Margin % Historical Data

* Premium members only.

The historical data trend for Legatus Shoppings Fundo DE Investimento Imobiliario - FII'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.

Legatus Shoppings Fundo DE Investimento Imobiliario - FII Net Margin % Chart

Legatus Shoppings Fundo DE Investimento Imobiliario - FII Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Net Margin %
Get a 7-Day Free Trial 0.00 48.48 279.19 288.60 97.72

Legatus Shoppings Fundo DE Investimento Imobiliario - FII Semi-Annual Data
Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Net Margin % Get a 7-Day Free Trial 0.00 48.48 279.19 288.60 97.72

BSP:LASC11 vs VICI, WPC: Net Margin % Comparison

For the REIT - Diversified subindustry, Legatus Shoppings Fundo DE Investimento Imobiliario - FII'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.


Legatus Shoppings Fundo DE Investimento Imobiliario - FII Net Margin % vs REITs Industry

For the REITs industry and Real Estate sector, Legatus Shoppings Fundo DE Investimento Imobiliario - FII's Net Margin % distribution charts can be found below:

* The bar in red indicates where Legatus Shoppings Fundo DE Investimento Imobiliario - FII's Net Margin % falls into.


BSP:LASC11
53GF Score
Legatus Shoppings Fundo DE Investimento Imobiliario - FII BSP:LASC11
Net Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Legatus Shoppings Fundo DE Investimento Imobiliario - FII 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.

Legatus Shoppings Fundo DE Investimento Imobiliario - FII'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 )
=26.854/27.48
=97.72 %

Legatus Shoppings Fundo DE Investimento Imobiliario - FII'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 )
=26.854/27.48
=97.72 %

* 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 97.72% mean?
Legatus Shoppings Fundo DE Investimento Imobiliario - FII (BSP:LASC11) has a Net Margin % of 97.72% as of Dec. 2025. Net margin is the ratio of total net income to net sales. View historical data on Legatus Shoppings Fundo DE Investimento Imobiliario - FII and its competitors. This is 48% below median its historical median of 188.46. Over the past decade, Legatus Shoppings Fundo DE Investimento Imobiliario - FII's Net Margin % has ranged from 48.48 to 288.60. According to the industry distribution chart, Legatus Shoppings Fundo DE Investimento Imobiliario - FII ranks #136 out of 929 companies in the REITs industry, placing it in the top 14.6%.
Is Legatus Shoppings Fundo DE Investimento Imobiliario - FII's Net Margin % too high?
Legatus Shoppings Fundo DE Investimento Imobiliario - FII's current Net Margin % of 97.72% is 48% below median its 10-year median of 188.46. Over the past 10 years, this metric has ranged from a low of 48.48 to a high of 288.60. The REITs industry median Net Margin % is 45.13. Legatus Shoppings Fundo DE Investimento Imobiliario - FII's value of 97.72% is 116.5% above this industry median. Based on the distribution chart, Legatus Shoppings Fundo DE Investimento Imobiliario - FII ranks #136 out of 929 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, Legatus Shoppings Fundo DE Investimento Imobiliario - FII has a GF Score™ of 53/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Legatus Shoppings Fundo DE Investimento Imobiliario - FII's Net Margin % compare to VICI and WPC?
According to the REITs industry distribution chart, Legatus Shoppings Fundo DE Investimento Imobiliario - FII ranks #136 out of 929 companies for Net Margin %. This places Legatus Shoppings Fundo DE Investimento Imobiliario - FII in the top 15% of its industry — outperforming the majority of peers. The industry median Net Margin % is 45.13. Legatus Shoppings Fundo DE Investimento Imobiliario - FII's value of 97.72% is 116.5% above this benchmark. Historically, Legatus Shoppings Fundo DE Investimento Imobiliario - FII's own Net Margin % has ranged from 48.48 to 288.60 over the past decade. While the company's 10-year median is 188.46 vs. the industry median of 45.13, Legatus Shoppings Fundo DE Investimento Imobiliario - FII 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 45.13, based on 929 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. Legatus Shoppings Fundo DE Investimento Imobiliario - FII's current Net Margin % of 97.72% is 116.5% 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 Legatus Shoppings Fundo DE Investimento Imobiliario - FII and its competitors. For the REITs industry, the median Net Margin % is 45.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Legatus Shoppings Fundo DE Investimento Imobiliario - FII's current Net Margin % is 97.72%, which is 48% below median its own 10-year median of 188.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Legatus Shoppings Fundo DE Investimento Imobiliario - FII stock overvalued right now?
Based on GuruFocus' analysis, Legatus Shoppings Fundo DE Investimento Imobiliario - FII (BSP:LASC11) is currently considered Fairly Valued. The stock's GF Value™ is R$104.23, compared to a current price of R$111.99 — trading 7.4% above its estimated fair value. The current Net Margin % is 97.72%, which is 48% below median its 10-year median of 188.46 and 116.5% above the REITs industry median of 45.13. Legatus Shoppings Fundo DE Investimento Imobiliario - FII's overall GF Score™ is 53/100 with 5 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 Legatus Shoppings Fundo DE Investimento Imobiliario - FII (BSP:LASC11), the current Net Margin % is 97.72% 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.

Is Legatus Shoppings Fundo DE Investimento Imobiliario - FII (BSP:LASC11) Overvalued in 2026?

Based on GuruFocus' analysis, Legatus Shoppings Fundo DE Investimento Imobiliario - FII stock appears to be overvalued. The current stock price of R$111.99 is trading 7.4% above its estimated GF Value™ of R$104.23. GuruFocus considers Legatus Shoppings Fundo DE Investimento Imobiliario - FII to be Fairly Valued.

Key valuation signals for BSP:LASC11:

  • Net Margin %: 97.72% (48% below median its 10-year median of 188.46)
  • GF Value™: R$104.23 vs. price of R$111.99 (7.4% above fair value)
  • GF Score™: 53/100 with 5 warning signs
  • Industry Position: 116.5% above the REITs median (#136 of 929)

No single metric tells the full story. See the BSP:LASC11 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Legatus Shoppings Fundo DE Investimento Imobiliario - FII Business Description

Industry Real EstateREITs
Address Praia de Botafogo, 501, Rio de Janeiro, RJ, BRA, CEP: 22250040
Legatus Shoppings Fundo DE Investimento Imobiliario - FII is a Brazil-based company. Its objective is to obtain income through the real estate exploration of Real Estate Assets, as well as capital gains, through the purchase and sale of Real Estate Assets and the investment of resources, predominantly in Real Estate Assets.
53GF Score

Get the complete analysis for BSP:LASC11

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

R$111.99
Price
R$104.23
GF Value