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.
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.
Macau E&M HoldingHKSE:01408 -1.47%55 Gross Margin % is 20.59% as of Dec. 2025, which is 5% below its 10-year median of 21.62. GuruFocus rates HKSE:01408 with a GF Score™ of 55/100 and a GF Value™ of HK$0.10 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,732 Construction companies, Macau E&M Holding ranks worse than 61.95% on this metric.
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
Macau E&M Holding had a gross margin of 20.59% for the quarter that ended in Dec. 2025 => 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.
Macau E&M Holding Gross Margin % Related Terms
Macau E&M Holding Gross Margin % Historical Data
* Premium members only.
The historical data trend for Macau E&M Holding'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.
HKSE:01408 vs PWR, FIX, EME: Gross Margin % Comparison
For the Engineering & Construction subindustry, Macau E&M Holding'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.
Macau E&M Holding Gross Margin % vs Construction Industry
For the Construction industry and Industrials sector, Macau E&M Holding's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Macau E&M Holding'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.
Macau E&M Holding (HKSE:01408) has a Gross Margin % of 20.59% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Macau E&M Holding and its competitors. This is near median its historical median of 21.62. Over the past decade, Macau E&M Holding's Gross Margin % has ranged from 5.76 to 26.94. According to the industry distribution chart, Macau E&M Holding ranks #1073 out of 1732 companies in the Construction industry, placing it in the top 62%.
Is Macau E&M Holding's Gross Margin % too high?
Macau E&M Holding's current Gross Margin % of 20.59% is near median its 10-year median of 21.62. Over the past 10 years, this metric has ranged from a low of 5.76 to a high of 26.94. The Construction industry median Gross Margin % is 20.78. Macau E&M Holding's value of 20.59% is 0.9% below this industry median. Based on the distribution chart, Macau E&M Holding ranks #1073 out of 1732 companies in the Construction industry, which is below the industry midpoint. Overall, Macau E&M Holding has a GF Score™ of 55/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Macau E&M Holding's Gross Margin % compare to PWR and FIX?
According to the Construction industry distribution chart, Macau E&M Holding ranks #1073 out of 1732 companies for Gross Margin %. This places Macau E&M Holding in the lower half of its industry. The industry median Gross Margin % is 20.78. Macau E&M Holding's value of 20.59% is 0.9% below this benchmark. Historically, Macau E&M Holding's own Gross Margin % has ranged from 5.76 to 26.94 over the past decade. While the company's 10-year median is 21.62 vs. the industry median of 20.78, Macau E&M Holding 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 Construction company?
The median Gross Margin % among Construction companies is 20.78, based on 1,732 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. Macau E&M Holding's current Gross Margin % of 20.59% is 0.9% 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 Macau E&M Holding and its competitors. For the Construction industry, the median Gross Margin % is 20.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Macau E&M Holding's current Gross Margin % is 20.59%, which is near median its own 10-year median of 21.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Macau E&M Holding stock overvalued right now?
Based on GuruFocus' analysis, Macau E&M Holding (HKSE:01408) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.10, compared to a current price of HK$0.34 — trading 235% above its estimated fair value. The current Gross Margin % is 20.59%, which is near median its 10-year median of 21.62 and 0.9% below the Construction industry median of 20.78. Macau E&M Holding's 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 Macau E&M Holding (HKSE:01408), the current Gross Margin % is 20.59% 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 Macau E&M Holding (HKSE:01408) Overvalued in 2026?
Based on GuruFocus' analysis, Macau E&M Holding stock appears to be overvalued.
The current stock price of HK$0.34 is trading 235% above its estimated GF Value™ of HK$0.10.
GuruFocus considers Macau E&M Holding to be Significantly Overvalued.
Key valuation signals for HKSE:01408:
Gross Margin %: 20.59% (near median its 10-year median of 21.62)
GF Value™: HK$0.10 vs. price of HK$0.34 (235% above fair value)
Industry Position: 0.9% below the Construction median (#1073 of 1732)
No single metric tells the full story. See the HKSE:01408 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Macau E&M Holding Ltd is an Electrical & Mechanical engineering services works contractor in Macau. The company provides a comprehensive mix of E&M engineering services works based on the contractual needs of its customers in Macau, which involve a combination of the supply and/or installation of LV systems works; HVAC systems work; and ELV systems work, and the relevant testing and commissioning thereof, as well as management and monitoring of quality and delivery of its E&M engineering services, works. It also provides maintenance and repair services to its customers.
55GF Score
Get the complete analysis for HKSE:01408
Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
HKSE:01408 has been successfully added to your 
