FSRCY (First Resources) Gross Margin %: 42.02% (As of Dec. 2025) — Near Median


FSRCY First Resources Ltd FSRCY
80 GF Score
Price $238.46
GF Value $189.83
Valuation Modestly Overvalued
! 3 Warning Signs
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What is First Resources Gross Margin %?

First Resources FSRCY 80 Gross Margin % is 42.02% as of Dec. 2025, which is 5% below its 10-year median of 44.14. GuruFocus rates FSRCY with a GF Score™ of 80/100 and a GF Value™ of $189.83 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 1,902 Consumer Packaged Goods companies, First Resources ranks better than 77.76% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. First Resources's Gross Profit for the six months ended in Dec. 2025 was $415 Mil. First Resources's Revenue for the six months ended in Dec. 2025 was $987 Mil. Therefore, First Resources's Gross Margin % for the quarter that ended in Dec. 2025 was 42.02%.

Warning Sign:

First Resources Ltd gross margin has been in long-term decline. The average rate of decline per year is -2.1%.


The historical rank and industry rank for First Resources's Gross Margin % or its related term are showing as below:

FSRCY' s Gross Margin % Range Over the Past 10 Years
Min: 36.94   Med: 44.14   Max: 51.35
Current: 41.88


During the past 13 years, the highest Gross Margin % of First Resources was 51.35%. The lowest was 36.94%. And the median was 44.14%.

FSRCY's Gross Margin % is ranked better than
77.76% of 1902 companies
in the Consumer Packaged Goods industry
Industry Median: 26.37 vs FSRCY: 41.88

First Resources had a gross margin of 42.02% for the quarter that ended in Dec. 2025 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for First Resources was -2.10% per year.


First Resources  (OTCPK:FSRCY) 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

First Resources had a gross margin of 42.02% for the quarter that ended in Dec. 2025 => 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.


First Resources Gross Margin % Related Terms


First Resources Gross Margin % Historical Data

* Premium members only.

The historical data trend for First Resources'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.

First Resources Gross Margin % Chart

First Resources Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 44.71 51.35 37.02 42.91 41.88

First Resources Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 38.74 40.83 44.54 41.68 42.02

FSRCY vs KHC, GIS: Gross Margin % Comparison

For the Packaged Foods subindustry, First Resources'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.


First Resources Gross Margin % vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, First Resources's Gross Margin % distribution charts can be found below:

* The bar in red indicates where First Resources's Gross Margin % falls into.


FSRCY
80GF Score
First Resources Ltd FSRCY
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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First Resources Gross Margin % Calculation

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

First Resources's Gross Margin for the fiscal year that ended in Dec. 2025 is calculated as

Gross Margin % (A: Dec. 2025 )=Gross Profit (A: Dec. 2025 ) / Revenue (A: Dec. 2025 )
=695.7 / 1661.077
=(Revenue - Cost of Goods Sold) / Revenue
=(1661.077 - 965.372) / 1661.077
=41.88 %

First Resources's Gross Margin for the quarter that ended in Dec. 2025 is calculated as


Gross Margin % (Q: Dec. 2025 )=Gross Profit (Q: Dec. 2025 ) / Revenue (Q: Dec. 2025 )
=414.9 / 987.203
=(Revenue - Cost of Goods Sold) / Revenue
=(987.203 - 572.35) / 987.203
=42.02 %

* 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.

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 42.02% mean?
First Resources (FSRCY) has a Gross Margin % of 42.02% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on First Resources and its competitors. This is near median its historical median of 44.14. Over the past decade, First Resources' Gross Margin % has ranged from 36.94 to 51.35. According to the industry distribution chart, First Resources ranks #423 out of 1902 companies in the Consumer Packaged Goods industry, placing it in the top 22.2%.
Is First Resources' Gross Margin % too high?
First Resources' current Gross Margin % of 42.02% is near median its 10-year median of 44.14. Over the past 10 years, this metric has ranged from a low of 36.94 to a high of 51.35. The Consumer Packaged Goods industry median Gross Margin % is 26.37. First Resources' value of 42.02% is 59.3% above this industry median. Based on the distribution chart, First Resources ranks #423 out of 1902 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers. Overall, First Resources has a GF Score™ of 80/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does First Resources' Gross Margin % compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, First Resources ranks #423 out of 1902 companies for Gross Margin %. This places First Resources in the top 22% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 26.37. First Resources' value of 42.02% is 59.3% above this benchmark. Historically, First Resources' own Gross Margin % has ranged from 36.94 to 51.35 over the past decade. While the company's 10-year median is 44.14 vs. the industry median of 26.37, First Resources 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 Consumer Packaged Goods company?
The median Gross Margin % among Consumer Packaged Goods companies is 26.37, based on 1,902 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. First Resources's current Gross Margin % of 42.02% is 59.3% 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 First Resources and its competitors. For the Consumer Packaged Goods industry, the median Gross Margin % is 26.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. First Resources's current Gross Margin % is 42.02%, which is near median its own 10-year median of 44.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is First Resources stock overvalued right now?
Based on GuruFocus' analysis, First Resources (FSRCY) is currently considered Modestly Overvalued. The stock's GF Value™ is $189.83, compared to a current price of $238.46 — trading 25.6% above its estimated fair value. The current Gross Margin % is 42.02%, which is near median its 10-year median of 44.14 and 59.3% above the Consumer Packaged Goods industry median of 26.37. First Resources' overall GF Score™ is 80/100 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 First Resources (FSRCY), the current Gross Margin % is 42.02% 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.

Is First Resources (FSRCY) Overvalued in 2026?

Based on GuruFocus' analysis, First Resources stock appears to be overvalued. The current stock price of $238.46 is trading 25.6% above its estimated GF Value™ of $189.83. GuruFocus considers First Resources to be Modestly Overvalued.

Key valuation signals for FSRCY:

  • Gross Margin %: 42.02% (near median its 10-year median of 44.14)
  • GF Value™: $189.83 vs. price of $238.46 (25.6% above fair value)
  • GF Score™: 80/100 with 3 warning signs
  • Industry Position: 59.3% above the Consumer Packaged Goods median (#423 of 1902)

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


First Resources Business Description

Other Exchanges EB5:Singapore5F1:Germany
Address 7 Temasek Boulevard, No. 24-01, Suntec Tower One, Singapore, SGP, 038987
First Resources Ltd manages hectares of oil palm plantations located in Indonesia and mills fresh fruit bunches into crude palm oil and palm kernel. In addition, the group also processes crude palm oil and palm kernel into higher-value palm-based products such as refined, bleached, and deodorized olein and biodiesel. The operating segment of the company is Plantations, Palm Oil Mills & Refinery and Processing. The plantations and palm oil mills segment is principally involved in the cultivation and maintenance of oil palm plantations and the operation of palm oil mills. Refinery and processing segment markets and sells processed palm-based products produced from the refinery, fractionation and biodiesel plants, and other downstream processing facilities.
80GF Score

Get the complete analysis for FSRCY

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

$238.46
Price
$189.83
GF Value