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K2 F&B HoldingsHKSE:02108 -2.56%55 Gross Margin % is 48.75% as of Dec. 2025, which is 30% above its 10-year median of 37.61. GuruFocus rates HKSE:02108 with a GF Score™ of 55/100 and a GF Value™ of HK$0.21 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 354 Restaurants companies, K2 F&B Holdings ranks better than 50.56% 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
K2 F&B Holdings had a gross margin of 48.75% for the quarter that ended in Dec. 2025 => Durable 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.
K2 F&B Holdings Gross Margin % Related Terms
K2 F&B Holdings Gross Margin % Historical Data
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The historical data trend for K2 F&B 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:02108 vs MCD, SBUX, YUM: Gross Margin % Comparison
For the Restaurants subindustry, K2 F&B 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.
K2 F&B Holdings Gross Margin % vs Restaurants Industry
For the Restaurants industry and Consumer Cyclical sector, K2 F&B Holdings's Gross Margin % distribution charts can be found below:
* The bar in red indicates where K2 F&B 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.
K2 F&B Holdings (HKSE:02108) has a Gross Margin % of 48.75% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on K2 F&B Holdings and its competitors. This is 30% above median its historical median of 37.61. Over the past decade, K2 F&B Holdings' Gross Margin % has ranged from 32.84 to 45.91. According to the industry distribution chart, K2 F&B Holdings ranks #175 out of 354 companies in the Restaurants industry, placing it in the top 49.4%.
Is K2 F&B Holdings' Gross Margin % too high?
K2 F&B Holdings' current Gross Margin % of 48.75% is 30% above median its 10-year median of 37.61. Over the past 10 years, this metric has ranged from a low of 32.84 to a high of 45.91. The Restaurants industry median Gross Margin % is 45.65. K2 F&B Holdings' value of 48.75% is 6.8% above this industry median. Based on the distribution chart, K2 F&B Holdings ranks #175 out of 354 companies in the Restaurants industry, which is above the industry midpoint. Overall, K2 F&B Holdings has a GF Score™ of 55/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does K2 F&B Holdings' Gross Margin % compare to MCD and SBUX?
According to the Restaurants industry distribution chart, K2 F&B Holdings ranks #175 out of 354 companies for Gross Margin %. This puts K2 F&B Holdings in the upper half of its industry. The industry median Gross Margin % is 45.65. K2 F&B Holdings' value of 48.75% is 6.8% above this benchmark. Historically, K2 F&B Holdings' own Gross Margin % has ranged from 32.84 to 45.91 over the past decade. While the company's 10-year median is 37.61 vs. the industry median of 45.65, K2 F&B 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 Restaurants company?
The median Gross Margin % among Restaurants companies is 45.65, based on 354 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. K2 F&B Holdings's current Gross Margin % of 48.75% is 6.8% 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 K2 F&B Holdings and its competitors. For the Restaurants industry, the median Gross Margin % is 45.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. K2 F&B Holdings's current Gross Margin % is 48.75%, which is 30% above median its own 10-year median of 37.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is K2 F&B Holdings stock overvalued right now?
Based on GuruFocus' analysis, K2 F&B Holdings (HKSE:02108) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.21, compared to a current price of HK$0.38 — trading 81% above its estimated fair value. The current Gross Margin % is 48.75%, which is 30% above median its 10-year median of 37.61 and 6.8% above the Restaurants industry median of 45.65. K2 F&B 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 K2 F&B Holdings (HKSE:02108), the current Gross Margin % is 48.75% 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 K2 F&B Holdings (HKSE:02108) Overvalued in 2026?
Based on GuruFocus' analysis, K2 F&B Holdings stock appears to be overvalued.
The current stock price of HK$0.38 is trading 81% above its estimated GF Value™ of HK$0.21.
GuruFocus considers K2 F&B Holdings to be Significantly Overvalued.
Key valuation signals for HKSE:02108:
Gross Margin %: 48.75% (30% above median its 10-year median of 37.61)
GF Value™: HK$0.21 vs. price of HK$0.38 (81% above fair value)
Industry Position: 6.8% above the Restaurants median (#175 of 354)
No single metric tells the full story. See the HKSE:02108 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
K2 F&B Holdings Ltd, through its subsidiaries, is mainly engaged in the ownership and operation of food centres and food streets in Singapore. The Group's operating business segments are: Rental and outlet management, and Food and beverage stalls. The majority of its revenue is generated from the Food and beverage stalls segment, which is involved in the retailing of beverages, tobacco products, and cooked food directly to consumers, such as mixed vegetable rice, zichar, roasted meat, and chicken rice located in food establishments operated and managed by the Group. The Rental and outlet management segment is involved in the leasing of food establishment premises to tenants and the provision of outlet management services, including cleaning and utilities services, to tenants.
55GF Score
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