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Town Ray HoldingsHKSE:01692 73 Gross Margin % is 28.49% as of Dec. 2025, which is 7% below its 10-year median of 30.78. GuruFocus rates HKSE:01692 with a GF Score™ of 73/100 and a GF Value™ of HK$2.51 (Significantly Undervalued). The stock has 6 warning signs investors should review. Among 2,453 Hardware companies, Town Ray Holdings ranks better than 53.97% on this metric.
Town Ray Holdings (HKSE:01692) 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
Town Ray Holdings had a gross margin of 28.49% 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.
Town Ray Holdings Gross Margin % Related Terms
Town Ray Holdings Gross Margin % Historical Data
* Premium members only.
The historical data trend for Town Ray 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.
For the Consumer Electronics subindustry, Town Ray 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.
Town Ray Holdings Gross Margin % vs Hardware Industry
For the Hardware industry and Technology sector, Town Ray Holdings's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Town Ray 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.
Town Ray Holdings (HKSE:01692) has a Gross Margin % of 28.49% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Town Ray Holdings and its competitors. This is near median its historical median of 30.78. Over the past decade, Town Ray Holdings' Gross Margin % has ranged from 26.64 to 34.99. According to the industry distribution chart, Town Ray Holdings ranks #1129 out of 2453 companies in the Hardware industry, placing it in the top 46%.
Is Town Ray Holdings' Gross Margin % too high?
Town Ray Holdings' current Gross Margin % of 28.49% is near median its 10-year median of 30.78. Over the past 10 years, this metric has ranged from a low of 26.64 to a high of 34.99. The Hardware industry median Gross Margin % is 24.49. Town Ray Holdings' value of 28.49% is 16.3% above this industry median. Based on the distribution chart, Town Ray Holdings ranks #1129 out of 2453 companies in the Hardware industry, which is above the industry midpoint. Overall, Town Ray Holdings has a GF Score™ of 73/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Town Ray Holdings' Gross Margin % compare to AAPL?
According to the Hardware industry distribution chart, Town Ray Holdings ranks #1129 out of 2453 companies for Gross Margin %. This puts Town Ray Holdings in the upper half of its industry. The industry median Gross Margin % is 24.49. Town Ray Holdings' value of 28.49% is 16.3% above this benchmark. Historically, Town Ray Holdings' own Gross Margin % has ranged from 26.64 to 34.99 over the past decade. While the company's 10-year median is 30.78 vs. the industry median of 24.49, Town Ray Holdings 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 Hardware company?
The median Gross Margin % among Hardware companies is 24.49, based on 2,453 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. Town Ray Holdings's current Gross Margin % of 28.49% is 16.3% 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 Town Ray Holdings and its competitors. For the Hardware industry, the median Gross Margin % is 24.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Town Ray Holdings's current Gross Margin % is 28.49%, which is near median its own 10-year median of 30.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Town Ray Holdings stock overvalued right now?
Based on GuruFocus' analysis, Town Ray Holdings (HKSE:01692) is currently considered Significantly Undervalued. The stock's GF Value™ is HK$2.51, compared to a current price of HK$1.21 — trading 51.8% below its estimated fair value. The current Gross Margin % is 28.49%, which is near median its 10-year median of 30.78 and 16.3% above the Hardware industry median of 24.49. Town Ray Holdings' overall GF Score™ is 73/100 with 6 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 Town Ray Holdings (HKSE:01692), the current Gross Margin % is 28.49% 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 Town Ray Holdings (HKSE:01692) Overvalued in 2026?
Based on GuruFocus' analysis, Town Ray Holdings stock appears to be undervalued.
The current stock price of HK$1.21 is trading 51.8% below its estimated GF Value™ of HK$2.51.
GuruFocus considers Town Ray Holdings to be Significantly Undervalued.
Key valuation signals for HKSE:01692:
Gross Margin %: 28.49% (near median its 10-year median of 30.78)
GF Value™: HK$2.51 vs. price of HK$1.21 (51.8% below fair value)
Industry Position: 16.3% above the Hardware median (#1129 of 2453)
No single metric tells the full story. See the HKSE:01692 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Town Ray Holdings Ltd is a developer, designer, manufacturer, and supplier of electrothermic household appliances mainly to overseas markets. The electrothermic household products can be grouped into two categories, namely garment care appliances, including steam generator irons, garment steamers, and steam irons; and cooking appliances, including coffee machines, steam cooking appliances and other cooking appliances. The company's products are mainly sold to overseas markets, including Germany, France, the United Kingdom, and the Netherlands.
73GF Score
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