Fundo DE Investimento Imobiliario VBI Prime Properties (BSP:PVBI11) Operating Margin %: 79.57% (As of Jun. 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:PVBI11 Fundo DE Investimento Imobiliario VBI Prime Properties BSP:PVBI11
60 GF Score
Price R$70.49
GF Value R$90.66
Valuation Modestly Undervalued
! 1 Warning Sign
View Full Analysis

What is Fundo DE Investimento Imobiliario VBI Prime Properties Operating Margin %?

Fundo DE Investimento Imobiliario VBI Prime Properties BSP:PVBI11 -1.99% 60 Operating Margin % is 79.57% as of Jun. 2025, which is 1% below its 10-year median of 80.51. GuruFocus rates BSP:PVBI11 with a GF Score™ of 60/100 and a GF Value™ of R$90.66 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 742 REITs companies, Fundo DE Investimento Imobiliario VBI Prime Properties ranks better than 87.87% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. Fundo DE Investimento Imobiliario VBI Prime Properties's Operating Income for the six months ended in Jun. 2025 was R$175.5 Mil. Fundo DE Investimento Imobiliario VBI Prime Properties's Revenue for the six months ended in Jun. 2025 was R$220.6 Mil. Therefore, Fundo DE Investimento Imobiliario VBI Prime Properties's Operating Margin % for the quarter that ended in Jun. 2025 was 79.57%.

The historical rank and industry rank for Fundo DE Investimento Imobiliario VBI Prime Properties's Operating Margin % or its related term are showing as below:

BSP:PVBI11' s Operating Margin % Range Over the Past 10 Years
Min: 37.98   Med: 80.51   Max: 95.88
Current: 79.57


BSP:PVBI11's Operating Margin % is ranked better than
87.87% of 742 companies
in the REITs industry
Industry Median: 52.725 vs BSP:PVBI11: 79.57

Fundo DE Investimento Imobiliario VBI Prime Properties's 5-Year Average Operating Margin % Growth Rate was 0.00% per year.

Fundo DE Investimento Imobiliario VBI Prime Properties's Operating Income for the six months ended in Jun. 2025 was R$175.5 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Jun. 2025 was R$175.5 Mil.


Fundo DE Investimento Imobiliario VBI Prime Properties  (BSP:PVBI11) Operating Margin % Explanation

Just like Gross Margin %, it is important to see a company maintains its operating margin over time. Among the same industry, a company with higher operating margin is more efficient in its operation. It is also more stable during industry slowdown or recessions. Peter Lynch prefers those with higher margins than those with lower margins.


Be Aware

Operating Margin % can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin % may decline. Often the Operating Margin % declines well before the company's Revenue or even profit decline. Therefore, Operating Margin % is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia’s Operating Margin % had already been in decline since 2002, although its Earnings per Share (Diluted) were still rising. Investors who paid attention to Operating Margin % would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin % is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


Fundo DE Investimento Imobiliario VBI Prime Properties Operating Margin % Related Terms


Fundo DE Investimento Imobiliario VBI Prime Properties Operating Margin % Historical Data

* Premium members only.

The historical data trend for Fundo DE Investimento Imobiliario VBI Prime Properties's Operating 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.

Fundo DE Investimento Imobiliario VBI Prime Properties Operating Margin % Chart

Fundo DE Investimento Imobiliario VBI Prime Properties Annual Data
Trend Jun21 Jun22 Jun23 Jun24 Jun25
Operating Margin %
95.88 89.64 37.98 80.51 79.57

Fundo DE Investimento Imobiliario VBI Prime Properties Semi-Annual Data
Jun21 Jun22 Jun23 Jun24 Jun25
Operating Margin % 95.88 89.64 37.98 80.51 79.57

BSP:PVBI11 vs VICI, WPC: Operating Margin % Comparison

For the REIT - Diversified subindustry, Fundo DE Investimento Imobiliario VBI Prime Properties's Operating Margin %, along with its competitors' market caps and Operating 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.


Fundo DE Investimento Imobiliario VBI Prime Properties Operating Margin % vs REITs Industry

For the REITs industry and Real Estate sector, Fundo DE Investimento Imobiliario VBI Prime Properties's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Fundo DE Investimento Imobiliario VBI Prime Properties's Operating Margin % falls into.


BSP:PVBI11
60GF Score
Fundo DE Investimento Imobiliario VBI Prime Properties BSP:PVBI11
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Fundo DE Investimento Imobiliario VBI Prime Properties Operating Margin % Calculation

Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.

Fundo DE Investimento Imobiliario VBI Prime Properties's Operating Margin % for the fiscal year that ended in Jun. 2025 is calculated as

Operating Margin %=Operating Income (A: Jun. 2025 ) / Revenue (A: Jun. 2025 )
=175.531 / 220.59
=79.57 %

Fundo DE Investimento Imobiliario VBI Prime Properties's Operating Margin % for the quarter that ended in Jun. 2025 is calculated as

Operating Margin %=Operating Income (Q: Jun. 2025 ) / Revenue (Q: Jun. 2025 )
=175.531 / 220.59
=79.57 %

* 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 Operating Margin % →
What does a Operating Margin % of 79.57% mean?
Fundo DE Investimento Imobiliario VBI Prime Properties (BSP:PVBI11) has a Operating Margin % of 79.57% as of Jun. 2025. Operating margin is the ratio of total operating income to net sales. View historical data on Fundo DE Investimento Imobiliario VBI Prime Properties and its competitors. This is near median its historical median of 80.51. Over the past decade, Fundo DE Investimento Imobiliario VBI Prime Properties' Operating Margin % has ranged from 37.98 to 95.88. According to the industry distribution chart, Fundo DE Investimento Imobiliario VBI Prime Properties ranks #90 out of 742 companies in the REITs industry, placing it in the top 12.1%.
Is Fundo DE Investimento Imobiliario VBI Prime Properties' Operating Margin % too high?
Fundo DE Investimento Imobiliario VBI Prime Properties' current Operating Margin % of 79.57% is near median its 10-year median of 80.51. Over the past 10 years, this metric has ranged from a low of 37.98 to a high of 95.88. The REITs industry median Operating Margin % is 52.73. Fundo DE Investimento Imobiliario VBI Prime Properties' value of 79.57% is 50.9% above this industry median. Based on the distribution chart, Fundo DE Investimento Imobiliario VBI Prime Properties ranks #90 out of 742 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, Fundo DE Investimento Imobiliario VBI Prime Properties has a GF Score™ of 60/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Fundo DE Investimento Imobiliario VBI Prime Properties' Operating Margin % compare to VICI and WPC?
According to the REITs industry distribution chart, Fundo DE Investimento Imobiliario VBI Prime Properties ranks #90 out of 742 companies for Operating Margin %. This places Fundo DE Investimento Imobiliario VBI Prime Properties in the top 12% of its industry — outperforming the majority of peers. The industry median Operating Margin % is 52.73. Fundo DE Investimento Imobiliario VBI Prime Properties' value of 79.57% is 50.9% above this benchmark. Historically, Fundo DE Investimento Imobiliario VBI Prime Properties' own Operating Margin % has ranged from 37.98 to 95.88 over the past decade. While the company's 10-year median is 80.51 vs. the industry median of 52.73, Fundo DE Investimento Imobiliario VBI Prime Properties 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 Operating Margin % for a REITs company?
The median Operating Margin % among REITs companies is 52.73, based on 742 companies in the industry. Companies in the top quartile (top 25%) have a Operating Margin % significantly above this median, while those in the bottom quartile fall well below. However, Operating Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Fundo DE Investimento Imobiliario VBI Prime Properties's current Operating Margin % of 79.57% is 50.9% 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 Operating Margin % mean?
A high Operating Margin % can signal that a stock is expensive relative to its fundamentals. Operating margin is the ratio of total operating income to net sales. View historical data on Fundo DE Investimento Imobiliario VBI Prime Properties and its competitors. For the REITs industry, the median Operating Margin % is 52.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fundo DE Investimento Imobiliario VBI Prime Properties's current Operating Margin % is 79.57%, which is near median its own 10-year median of 80.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fundo DE Investimento Imobiliario VBI Prime Properties stock overvalued right now?
Based on GuruFocus' analysis, Fundo DE Investimento Imobiliario VBI Prime Properties (BSP:PVBI11) is currently considered Modestly Undervalued. The stock's GF Value™ is R$90.66, compared to a current price of R$70.49 — trading 22.2% below its estimated fair value. The current Operating Margin % is 79.57%, which is near median its 10-year median of 80.51 and 50.9% above the REITs industry median of 52.73. Fundo DE Investimento Imobiliario VBI Prime Properties' overall GF Score™ is 60/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Operating Margin % calculated?
Operating Margin % is calculated from a company's financial statements. For Fundo DE Investimento Imobiliario VBI Prime Properties (BSP:PVBI11), the current Operating Margin % is 79.57% as of Jun. 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 Fundo DE Investimento Imobiliario VBI Prime Properties (BSP:PVBI11) Overvalued in 2026?

Based on GuruFocus' analysis, Fundo DE Investimento Imobiliario VBI Prime Properties stock appears to be undervalued. The current stock price of R$70.49 is trading 22.2% below its estimated GF Value™ of R$90.66. GuruFocus considers Fundo DE Investimento Imobiliario VBI Prime Properties to be Modestly Undervalued.

Key valuation signals for BSP:PVBI11:

  • Operating Margin %: 79.57% (near median its 10-year median of 80.51)
  • GF Value™: R$90.66 vs. price of R$70.49 (22.2% below fair value)
  • GF Score™: 60/100 with 1 warning sign
  • Industry Position: 50.9% above the REITs median (#90 of 742)

No single metric tells the full story. See the BSP:PVBI11 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Fundo DE Investimento Imobiliario VBI Prime Properties Business Description

Industry Real EstateREITs
Address Praia de Botafogo, 501, 6th Floor, Botafogo, Rio de Janeiro, RJ, BRA, 22.250-040
Fundo DE Investimento Imobiliario VBI Prime Properties is a real estate investment trust in the commercial buildings segment.
60GF Score

Get the complete analysis for BSP:PVBI11

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

R$70.49
Price
R$90.66
GF Value