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.
Progressive Path Group HoldingsHKSE:01581 54 Gross Margin % is 3.54% as of Mar. 2026, which is 39% below its 10-year median of 5.78. GuruFocus rates HKSE:01581 with a GF Score™ of 54/100 and a GF Value™ of HK$0.18 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 1,004 Business Services companies, Progressive Path Group Holdings ranks worse than 96.91% on this metric.
Progressive Path Group Holdings (HKSE:01581) 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
Progressive Path Group Holdings had a gross margin of 3.54% for the quarter that ended in Mar. 2026 => No sustainable 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.
Progressive Path Group Holdings Gross Margin % Related Terms
Progressive Path Group Holdings Gross Margin % Historical Data
* 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.
Progressive Path Group Holdings Gross Margin % Chart
HKSE:01581 vs URI, SUNB, AER: Gross Margin % Comparison
For the Rental & Leasing Services subindustry, Progressive Path Group 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.
Progressive Path Group Holdings Gross Margin % vs Business Services Industry
For the Business Services industry and Industrials sector, Progressive Path Group Holdings's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Progressive Path Group Holdings'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.
Progressive Path Group Holdings (HKSE:01581) has a Gross Margin % of 3.54% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Progressive Path Group Holdings and its competitors. This is 39% below median its historical median of 5.78. According to the industry distribution chart, Progressive Path Group Holdings ranks #973 out of 1004 companies in the Business Services industry, placing it in the top 96.9%.
Is Progressive Path Group Holdings' Gross Margin % too high?
Progressive Path Group Holdings' current Gross Margin % of 3.54% is 39% below median its 10-year median of 5.78. The Business Services industry median Gross Margin % is 34.46. Progressive Path Group Holdings' value of 3.54% is 89.7% below this industry median. Based on the distribution chart, Progressive Path Group Holdings ranks #973 out of 1004 companies in the Business Services industry, which is in the bottom quartile relative to peers. Overall, Progressive Path Group Holdings has a GF Score™ of 54/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Progressive Path Group Holdings' Gross Margin % compare to URI and SUNB?
According to the Business Services industry distribution chart, Progressive Path Group Holdings ranks #973 out of 1004 companies for Gross Margin %. This places Progressive Path Group Holdings in the lower half of its industry. The industry median Gross Margin % is 34.46. Progressive Path Group Holdings' value of 3.54% is 89.7% below this benchmark. While the company's 10-year median is 5.78 vs. the industry median of 34.46, Progressive Path Group 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 Business Services company?
The median Gross Margin % among Business Services companies is 34.46, based on 1,004 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. Progressive Path Group Holdings's current Gross Margin % of 3.54% is 89.7% 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 Progressive Path Group Holdings and its competitors. For the Business Services industry, the median Gross Margin % is 34.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Progressive Path Group Holdings's current Gross Margin % is 3.54%, which is 39% below median its own 10-year median of 5.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Progressive Path Group Holdings stock overvalued right now?
Based on GuruFocus' analysis, Progressive Path Group Holdings (HKSE:01581) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.18, compared to a current price of HK$0.33 — trading 83.3% above its estimated fair value. The current Gross Margin % is 3.54%, which is 39% below median its 10-year median of 5.78 and 89.7% below the Business Services industry median of 34.46. Progressive Path Group Holdings' overall GF Score™ is 54/100 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 Progressive Path Group Holdings (HKSE:01581), the current Gross Margin % is 3.54% 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 Progressive Path Group Holdings (HKSE:01581) Overvalued in 2026?
Based on GuruFocus' analysis, Progressive Path Group Holdings stock appears to be overvalued.
The current stock price of HK$0.33 is trading 83.3% above its estimated GF Value™ of HK$0.18.
GuruFocus considers Progressive Path Group Holdings to be Significantly Overvalued.
Key valuation signals for HKSE:01581:
Gross Margin %: 3.54% (39% below median its 10-year median of 5.78)
GF Value™: HK$0.18 vs. price of HK$0.33 (83.3% above fair value)
Industry Position: 89.7% below the Business Services median (#973 of 1004)
No single metric tells the full story. See the HKSE:01581 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Progressive Path Group Holdings Ltd is engaged in construction engineering work and the provision of construction machinery rental services in Hong Kong. Its construction machinery rental services represent the rental of construction machines and construction vehicles to customers, and the provision of machine operators and transportation services as part of its one-stop construction machinery rental services. Its construction works represent the construction projects undertaken, the nature of which are broadly classified as foundation and site formation works, and builder's work and general building works. Its segments are Construction works and Construction Machinery Rental. Majority of the revenue is derived from the Construction works segment.
54GF Score
Get the complete analysis for HKSE:01581
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:01581 has been successfully added to your 
