Four Seas Mercantile Holdings (HKSE:00374) Gross Margin %: 22.59% (As of Mar. 2026) — Near Median

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HKSE:00374 Four Seas Mercantile Holdings Ltd HKSE:00374
55 GF Score
Price HK$2.50
GF Value HK$2.49
Valuation Fairly Valued
! 5 Warning Signs
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What is Four Seas Mercantile Holdings Gross Margin %?

Four Seas Mercantile Holdings HKSE:00374 55 Gross Margin % is 22.59% as of Mar. 2026, which is 5% below its 10-year median of 23.68. GuruFocus rates HKSE:00374 with a GF Score™ of 55/100 and a GF Value™ of HK$2.49 (Fairly Valued). The stock has 5 warning signs investors should review. Among 1,914 Consumer Packaged Goods companies, Four Seas Mercantile Holdings ranks worse than 57.42% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Four Seas Mercantile Holdings's Gross Profit for the six months ended in Mar. 2026 was HK$446 Mil. Four Seas Mercantile Holdings's Revenue for the six months ended in Mar. 2026 was HK$1,973 Mil. Therefore, Four Seas Mercantile Holdings's Gross Margin % for the quarter that ended in Mar. 2026 was 22.59%.


The historical rank and industry rank for Four Seas Mercantile Holdings's Gross Margin % or its related term are showing as below:

HKSE:00374' s Gross Margin % Range Over the Past 10 Years
Min: 19.18   Med: 23.68   Max: 32.12
Current: 23.03


During the past 13 years, the highest Gross Margin % of Four Seas Mercantile Holdings was 32.12%. The lowest was 19.18%. And the median was 23.68%.

HKSE:00374's Gross Margin % is ranked worse than
57.42% of 1914 companies
in the Consumer Packaged Goods industry
Industry Median: 26.305 vs HKSE:00374: 23.03

Four Seas Mercantile Holdings had a gross margin of 22.59% for the quarter that ended in Mar. 2026 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Four Seas Mercantile Holdings was 4.60% per year.


Four Seas Mercantile Holdings  (HKSE:00374) 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

Four Seas Mercantile Holdings had a gross margin of 22.59% for the quarter that ended in Mar. 2026 => Competition eroding margins


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.


Four Seas Mercantile Holdings Gross Margin % Related Terms


Four Seas Mercantile Holdings Gross Margin % Historical Data

* Premium members only.

The historical data trend for Four Seas Mercantile Holdings'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.

Four Seas Mercantile Holdings Gross Margin % Chart

Four Seas Mercantile Holdings 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 19.82 21.18 23.40 23.95 23.02

Four Seas Mercantile Holdings 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 23.28 24.09 23.82 23.50 22.59

HKSE:00374 vs KHC, GIS: Gross Margin % Comparison

For the Packaged Foods subindustry, Four Seas Mercantile Holdings'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.


Four Seas Mercantile Holdings Gross Margin % vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Four Seas Mercantile Holdings's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Four Seas Mercantile Holdings's Gross Margin % falls into.


HKSE:00374
55GF Score
Four Seas Mercantile Holdings Ltd HKSE:00374
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Four Seas Mercantile Holdings Gross Margin % Calculation

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

Four Seas Mercantile Holdings'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 )
=861.8 / 3743.051
=(Revenue - Cost of Goods Sold) / Revenue
=(3743.051 - 2881.23) / 3743.051
=23.02 %

Four Seas Mercantile Holdings'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 )
=445.7 / 1972.767
=(Revenue - Cost of Goods Sold) / Revenue
=(1972.767 - 1527.038) / 1972.767
=22.59 %

* 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 22.59% mean?
Four Seas Mercantile Holdings (HKSE:00374) has a Gross Margin % of 22.59% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Four Seas Mercantile Holdings and its competitors. This is near median its historical median of 23.68. Over the past decade, Four Seas Mercantile Holdings' Gross Margin % has ranged from 19.18 to 32.12. According to the industry distribution chart, Four Seas Mercantile Holdings ranks #1099 out of 1914 companies in the Consumer Packaged Goods industry, placing it in the top 57.4%.
Is Four Seas Mercantile Holdings' Gross Margin % too high?
Four Seas Mercantile Holdings' current Gross Margin % of 22.59% is near median its 10-year median of 23.68. Over the past 10 years, this metric has ranged from a low of 19.18 to a high of 32.12. The Consumer Packaged Goods industry median Gross Margin % is 26.31. Four Seas Mercantile Holdings' value of 22.59% is 14.1% below this industry median. Based on the distribution chart, Four Seas Mercantile Holdings ranks #1099 out of 1914 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, Four Seas Mercantile Holdings has a GF Score™ of 55/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Four Seas Mercantile Holdings' Gross Margin % compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Four Seas Mercantile Holdings ranks #1099 out of 1914 companies for Gross Margin %. This places Four Seas Mercantile Holdings in the lower half of its industry. The industry median Gross Margin % is 26.31. Four Seas Mercantile Holdings' value of 22.59% is 14.1% below this benchmark. Historically, Four Seas Mercantile Holdings' own Gross Margin % has ranged from 19.18 to 32.12 over the past decade. While the company's 10-year median is 23.68 vs. the industry median of 26.31, Four Seas Mercantile Holdings 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 a Consumer Packaged Goods company?
The median Gross Margin % among Consumer Packaged Goods companies is 26.31, based on 1,914 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. Four Seas Mercantile Holdings's current Gross Margin % of 22.59% is 14.1% 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 Four Seas Mercantile Holdings and its competitors. For the Consumer Packaged Goods industry, the median Gross Margin % is 26.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Four Seas Mercantile Holdings's current Gross Margin % is 22.59%, which is near median its own 10-year median of 23.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Four Seas Mercantile Holdings stock overvalued right now?
Based on GuruFocus' analysis, Four Seas Mercantile Holdings (HKSE:00374) is currently considered Fairly Valued. The stock's GF Value™ is HK$2.49, compared to a current price of HK$2.50 — trading 0.4% above its estimated fair value. The current Gross Margin % is 22.59%, which is near median its 10-year median of 23.68 and 14.1% below the Consumer Packaged Goods industry median of 26.31. Four Seas Mercantile Holdings' overall GF Score™ is 55/100 with 5 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 Four Seas Mercantile Holdings (HKSE:00374), the current Gross Margin % is 22.59% 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 Four Seas Mercantile Holdings (HKSE:00374) Overvalued in 2026?

Based on GuruFocus' analysis, Four Seas Mercantile Holdings stock appears to be overvalued. The current stock price of HK$2.50 is trading 0.4% above its estimated GF Value™ of HK$2.49. GuruFocus considers Four Seas Mercantile Holdings to be Fairly Valued.

Key valuation signals for HKSE:00374:

  • Gross Margin %: 22.59% (near median its 10-year median of 23.68)
  • GF Value™: HK$2.49 vs. price of HK$2.50 (0.4% above fair value)
  • GF Score™: 55/100 with 5 warning signs
  • Industry Position: 14.1% below the Consumer Packaged Goods median (#1099 of 1914)

No single metric tells the full story. See the HKSE:00374 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Four Seas Mercantile Holdings Business Description

Address No. 41 King Yip Street, 31st Floor, Four Seas Group Centre, Kwun Tong, Kowloon, Hong Kong, HKG
Four Seas Mercantile Holdings Ltd is an investment holding company. The company's geographical segment includes Hong Kong; Mainland China and Japan. The company generates maximum revenue from Hong Kong. The Hong Kong segment is engaged in the operation of restaurants, the manufacture and trading of snack foods, confectionery, beverages, frozen food products, ham and ham-related products and noodles, as well as the retailing of snack foods, confectionery and beverages, and providing catering services in Hong Kong.
55GF Score

Get the complete analysis for HKSE:00374

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

HK$2.50
Price
HK$2.49
GF Value