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TBK & Sons HoldingsHKSE:01960 -5.71%41 Gross Margin % is 6.09% as of Dec. 2025, which is 56% below its 10-year median of 13.82. GuruFocus rates HKSE:01960 with a GF Score™ of 41/100 and a GF Value™ of HK$0.08 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 880 Oil & Gas companies, TBK & Sons Holdings ranks worse than 88.18% on this metric.
TBK & Sons Holdings (HKSE:01960) 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
TBK & Sons Holdings had a gross margin of 6.09% for the quarter that ended in Dec. 2025 => 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.
TBK & Sons Holdings Gross Margin % Related Terms
TBK & Sons Holdings Gross Margin % Historical Data
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The historical data trend for TBK & Sons 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.
HKSE:01960 vs MPC, VLO, PSX: Gross Margin % Comparison
For the Oil & Gas Refining & Marketing subindustry, TBK & Sons 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.
TBK & Sons Holdings Gross Margin % vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, TBK & Sons Holdings's Gross Margin % distribution charts can be found below:
* The bar in red indicates where TBK & Sons 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.
TBK & Sons Holdings (HKSE:01960) has a Gross Margin % of 6.09% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on TBK & Sons Holdings and its competitors. This is 56% below median its historical median of 13.82. Over the past decade, TBK & Sons Holdings' Gross Margin % has ranged from 1.70 to 27.12. According to the industry distribution chart, TBK & Sons Holdings ranks #776 out of 880 companies in the Oil & Gas industry, placing it in the top 88.2%.
Is TBK & Sons Holdings' Gross Margin % too high?
TBK & Sons Holdings' current Gross Margin % of 6.09% is 56% below median its 10-year median of 13.82. Over the past 10 years, this metric has ranged from a low of 1.70 to a high of 27.12. The Oil & Gas industry median Gross Margin % is 26.76. TBK & Sons Holdings' value of 6.09% is 77.2% below this industry median. Based on the distribution chart, TBK & Sons Holdings ranks #776 out of 880 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, TBK & Sons Holdings has a GF Score™ of 41/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does TBK & Sons Holdings' Gross Margin % compare to MPC and VLO?
According to the Oil & Gas industry distribution chart, TBK & Sons Holdings ranks #776 out of 880 companies for Gross Margin %. This places TBK & Sons Holdings in the lower half of its industry. The industry median Gross Margin % is 26.76. TBK & Sons Holdings' value of 6.09% is 77.2% below this benchmark. Historically, TBK & Sons Holdings' own Gross Margin % has ranged from 1.70 to 27.12 over the past decade. While the company's 10-year median is 13.82 vs. the industry median of 26.76, TBK & Sons 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 an Oil & Gas company?
The median Gross Margin % among Oil & Gas companies is 26.76, based on 880 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. TBK & Sons Holdings's current Gross Margin % of 6.09% is 77.2% 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 TBK & Sons Holdings and its competitors. For the Oil & Gas industry, the median Gross Margin % is 26.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TBK & Sons Holdings's current Gross Margin % is 6.09%, which is 56% below median its own 10-year median of 13.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TBK & Sons Holdings stock overvalued right now?
Based on GuruFocus' analysis, TBK & Sons Holdings (HKSE:01960) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.08, compared to a current price of HK$0.33 — trading 312.5% above its estimated fair value. The current Gross Margin % is 6.09%, which is 56% below median its 10-year median of 13.82 and 77.2% below the Oil & Gas industry median of 26.76. TBK & Sons Holdings' overall GF Score™ is 41/100 with 4 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 TBK & Sons Holdings (HKSE:01960), the current Gross Margin % is 6.09% 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 TBK & Sons Holdings (HKSE:01960) Overvalued in 2026?
Based on GuruFocus' analysis, TBK & Sons Holdings stock appears to be overvalued.
The current stock price of HK$0.33 is trading 312.5% above its estimated GF Value™ of HK$0.08.
GuruFocus considers TBK & Sons Holdings to be Significantly Overvalued.
Key valuation signals for HKSE:01960:
Gross Margin %: 6.09% (56% below median its 10-year median of 13.82)
GF Value™: HK$0.08 vs. price of HK$0.33 (312.5% above fair value)
Industry Position: 77.2% below the Oil & Gas median (#776 of 880)
No single metric tells the full story. See the HKSE:01960 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
TBK & Sons Holdings Ltd is an investment holding company. Its reportable operating segments are: Site preparation works projects, Construction and renovation works projects, Civil works projects, Building works projects, and Trading of oil and related products, Construction and renovation works project. The majority of revenue is fromCivil works projectsCivil works projects. Geographically, it derives key revenue from the People's Republic of China, and rest from Hong Kong, and Malaysia.
41GF Score
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