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XSpring Capital PCLBKK:XPG 38 Gross Margin % is 51.28% as of Mar. 2026, which is 1% above its 10-year median of 50.73. GuruFocus rates BKK:XPG with a GF Score™ of 38/100. The stock has 3 warning signs investors should review. Among 553 Asset Management companies, XSpring Capital PCL ranks better than 50.09% on this metric.
XSpring Capital PCL (BKK:XPG) Gross Margin % Explanation
Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.
Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %
1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key
XSpring Capital PCL had a gross margin of 51.28% for the quarter that ended in Mar. 2026 => Durable competitive advantage
Be Aware
If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.
XSpring Capital PCL Gross Margin % Related Terms
XSpring Capital PCL Gross Margin % Historical Data
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The historical data trend for XSpring Capital PCL's Gross 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.
BKK:XPG vs BLK, BX, KKR: Gross Margin % Comparison
For the Asset Management subindustry, XSpring Capital PCL's Gross Margin %, along with its competitors' market caps and Gross 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.
XSpring Capital PCL Gross Margin % vs Asset Management Industry
For the Asset Management industry and Financial Services sector, XSpring Capital PCL's Gross Margin % distribution charts can be found below:
* The bar in red indicates where XSpring Capital PCL's Gross Margin % falls into.
* 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.
A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.
XSpring Capital PCL (BKK:XPG) has a Gross Margin % of 51.28% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on XSpring Capital PCL and its competitors. This is near median its historical median of 50.73. According to the industry distribution chart, XSpring Capital PCL ranks #276 out of 553 companies in the Asset Management industry, placing it in the top 49.9%.
Is XSpring Capital PCL's Gross Margin % too high?
XSpring Capital PCL's current Gross Margin % of 51.28% is near median its 10-year median of 50.73. The Asset Management industry median Gross Margin % is 56.73. XSpring Capital PCL's value of 51.28% is 9.6% below this industry median. Based on the distribution chart, XSpring Capital PCL ranks #276 out of 553 companies in the Asset Management industry, which is above the industry midpoint. Overall, XSpring Capital PCL has a GF Score™ of 38/100, reflecting its overall financial health beyond just this single metric.
How does XSpring Capital PCL's Gross Margin % compare to BLK and BX?
According to the Asset Management industry distribution chart, XSpring Capital PCL ranks #276 out of 553 companies for Gross Margin %. This puts XSpring Capital PCL in the upper half of its industry. The industry median Gross Margin % is 56.73. XSpring Capital PCL's value of 51.28% is 9.6% below this benchmark. While the company's 10-year median is 50.73 vs. the industry median of 56.73, XSpring Capital PCL has consistently been below 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 Gross Margin % for an Asset Management company?
The median Gross Margin % among Asset Management companies is 56.73, based on 553 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. XSpring Capital PCL's current Gross Margin % of 51.28% is 9.6% below 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 Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on XSpring Capital PCL and its competitors. For the Asset Management industry, the median Gross Margin % is 56.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. XSpring Capital PCL's current Gross Margin % is 51.28%, which is near median its own 10-year median of 50.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is XSpring Capital PCL stock overvalued right now?
XSpring Capital PCL (BKK:XPG) has a current Gross Margin % of 51.28%. The current Gross Margin % is 51.28%, which is near median its 10-year median of 50.73 and 9.6% below the Asset Management industry median of 56.73. XSpring Capital PCL's overall GF Score™ is 38/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For XSpring Capital PCL (BKK:XPG), the current Gross Margin % is 51.28% 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.
XSpring Capital PCL is engaged in investment holding in other businesses. The subsidiaries' businesses include fund management business, non-performing assets management business, digital asset business and investment holding business. The company's reportable segments are as follows: i) Securities segment, ii) Fund asset management segment, iii) Digital assets segment, iv) Asset management, and v) Investment and other segment. The majority of the company's revenue is derived from the Fund asset management segment.
38GF Score
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