DCOHF (Dickson Concepts (International)) Gross Margin %: 48.46% (As of Mar. 2026) — 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.

DCOHF Dickson Concepts (International) Ltd DCOHF
52 GF Score
Price $0.81
GF Value $0.58
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Dickson Concepts (International) Gross Margin %?

Dickson Concepts (International) DCOHF 52 Gross Margin % is 48.46% as of Mar. 2026, which is 4% above its 10-year median of 46.58. GuruFocus rates DCOHF with a GF Score™ of 52/100 and a GF Value™ of $0.58 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 1,117 Retail - Cyclical companies, Dickson Concepts (International) ranks better than 70.1% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Dickson Concepts (International)'s Gross Profit for the six months ended in Mar. 2026 was $62.9 Mil. Dickson Concepts (International)'s Revenue for the six months ended in Mar. 2026 was $129.8 Mil. Therefore, Dickson Concepts (International)'s Gross Margin % for the quarter that ended in Mar. 2026 was 48.46%.


The historical rank and industry rank for Dickson Concepts (International)'s Gross Margin % or its related term are showing as below:

DCOHF' s Gross Margin % Range Over the Past 10 Years
Min: 41.95   Med: 46.58   Max: 50.19
Current: 47.59


During the past 13 years, the highest Gross Margin % of Dickson Concepts (International) was 50.19%. The lowest was 41.95%. And the median was 46.58%.

DCOHF's Gross Margin % is ranked better than
70.1% of 1117 companies
in the Retail - Cyclical industry
Industry Median: 36.29 vs DCOHF: 47.59

Dickson Concepts (International) had a gross margin of 48.46% for the quarter that ended in Mar. 2026 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Dickson Concepts (International) was 1.00% per year.


Dickson Concepts (International)  (OTCPK:DCOHF) 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

Dickson Concepts (International) had a gross margin of 48.46% 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.


Dickson Concepts (International) Gross Margin % Related Terms


Dickson Concepts (International) Gross Margin % Historical Data

* Premium members only.

The historical data trend for Dickson Concepts (International)'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.

Dickson Concepts (International) Gross Margin % Chart

Dickson Concepts (International) Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 46.88 46.75 45.74 44.70 47.59

Dickson Concepts (International) Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Gross 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 47.14 44.30 45.11 46.69 48.46

DCOHF vs TPR: Gross Margin % Comparison

For the Luxury Goods subindustry, Dickson Concepts (International)'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.


Dickson Concepts (International) Gross Margin % vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Dickson Concepts (International)'s Gross Margin % distribution charts can be found below:

* The bar in red indicates where Dickson Concepts (International)'s Gross Margin % falls into.


DCOHF
52GF Score
Dickson Concepts (International) Ltd DCOHF
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Dickson Concepts (International) Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Dickson Concepts (International)'s Gross Margin for the fiscal year that ended in Mar. 2026 is calculated as

Gross Margin % (A: Mar. 2026 )=Gross Profit (A: Mar. 2026 ) / Revenue (A: Mar. 2026 )
=121 / 254.151
=(Revenue - Cost of Goods Sold) / Revenue
=(254.151 - 133.19) / 254.151
=47.59 %

Dickson Concepts (International)'s Gross Margin for the quarter that ended in Mar. 2026 is calculated as


Gross Margin % (Q: Mar. 2026 )=Gross Profit (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=62.9 / 129.789
=(Revenue - Cost of Goods Sold) / Revenue
=(129.789 - 66.889) / 129.789
=48.46 %

* 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.

Frequently Asked Questions Learn more about Gross Margin % →
What does a Gross Margin % of 48.46% mean?
Dickson Concepts (International) (DCOHF) has a Gross Margin % of 48.46% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Dickson Concepts (International) and its competitors. This is near median its historical median of 46.58. Over the past decade, Dickson Concepts (International)'s Gross Margin % has ranged from 41.95 to 50.19. According to the industry distribution chart, Dickson Concepts (International) ranks #334 out of 1117 companies in the Retail - Cyclical industry, placing it in the top 29.9%.
Is Dickson Concepts (International)'s Gross Margin % too high?
Dickson Concepts (International)'s current Gross Margin % of 48.46% is near median its 10-year median of 46.58. Over the past 10 years, this metric has ranged from a low of 41.95 to a high of 50.19. The Retail - Cyclical industry median Gross Margin % is 36.29. Dickson Concepts (International)'s value of 48.46% is 33.5% above this industry median. Based on the distribution chart, Dickson Concepts (International) ranks #334 out of 1117 companies in the Retail - Cyclical industry, which is above the industry midpoint. Overall, Dickson Concepts (International) has a GF Score™ of 52/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Dickson Concepts (International)'s Gross Margin % compare to TPR?
According to the Retail - Cyclical industry distribution chart, Dickson Concepts (International) ranks #334 out of 1117 companies for Gross Margin %. This puts Dickson Concepts (International) in the upper half of its industry. The industry median Gross Margin % is 36.29. Dickson Concepts (International)'s value of 48.46% is 33.5% above this benchmark. Historically, Dickson Concepts (International)'s own Gross Margin % has ranged from 41.95 to 50.19 over the past decade. While the company's 10-year median is 46.58 vs. the industry median of 36.29, Dickson Concepts (International) 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 Gross Margin % for a Retail - Cyclical company?
The median Gross Margin % among Retail - Cyclical companies is 36.29, based on 1,117 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. Dickson Concepts (International)'s current Gross Margin % of 48.46% is 33.5% 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 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 Dickson Concepts (International) and its competitors. For the Retail - Cyclical industry, the median Gross Margin % is 36.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dickson Concepts (International)'s current Gross Margin % is 48.46%, which is near median its own 10-year median of 46.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dickson Concepts (International) stock overvalued right now?
Based on GuruFocus' analysis, Dickson Concepts (International) (DCOHF) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.58, compared to a current price of $0.81 — trading 39.7% above its estimated fair value. The current Gross Margin % is 48.46%, which is near median its 10-year median of 46.58 and 33.5% above the Retail - Cyclical industry median of 36.29. Dickson Concepts (International)'s overall GF Score™ is 52/100 with 4 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 Dickson Concepts (International) (DCOHF), the current Gross Margin % is 48.46% 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 Dickson Concepts (International) (DCOHF) Overvalued in 2026?

Based on GuruFocus' analysis, Dickson Concepts (International) stock appears to be overvalued. The current stock price of $0.81 is trading 39.7% above its estimated GF Value™ of $0.58. GuruFocus considers Dickson Concepts (International) to be Significantly Overvalued.

Key valuation signals for DCOHF:

  • Gross Margin %: 48.46% (near median its 10-year median of 46.58)
  • GF Value™: $0.58 vs. price of $0.81 (39.7% above fair value)
  • GF Score™: 52/100 with 4 warning signs
  • Industry Position: 33.5% above the Retail - Cyclical median (#334 of 1117)

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


Dickson Concepts (International) Business Description

Other Exchanges 00113:Hong Kong
Address 98 Granville Road, 4th Floor East Ocean Centre, Tsimshatsui East, Kowloon, Hong Kong, HKG
Dickson Concepts (International) Ltd is a Hong Kong-based investment holding company engaged in the manufacturing and distribution of luxury lighters, writing instruments, leather goods, accessories, ready-to-wear clothing, watches, and fragrances. The group manages its businesses under two divisions namely, the Luxury Goods and Securities Investment business, of which it generates a majority of revenue from the Luxury goods segment. Geographically the firm has a presence in Hong Kong, Taiwan, and other territories, of which key revenue is generated from Hong Kong. The Luxury goods segment includes the sale of luxury goods to retail and wholesale customers and net income from concession and consignment sales.
52GF Score

Get the complete analysis for DCOHF

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

$0.81
Price
$0.58
GF Value