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ManpowerGroup Greater ChinaHKSE:02180 93 Gross Margin % is 9.74% as of Dec. 2025, which is 40% below its 10-year median of 16.35. GuruFocus rates HKSE:02180 with a GF Score™ of 93/100 and a GF Value™ of HK$6.69 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 1,005 Business Services companies, ManpowerGroup Greater China ranks worse than 92.54% on this metric.
ManpowerGroup Greater China (HKSE:02180) 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
ManpowerGroup Greater China had a gross margin of 9.74% 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.
ManpowerGroup Greater China Gross Margin % Related Terms
ManpowerGroup Greater China 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.
HKSE:02180 vs KFY, RHI, TNET: Gross Margin % Comparison
For the Staffing & Employment Services subindustry, ManpowerGroup Greater China'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.
ManpowerGroup Greater China Gross Margin % vs Business Services Industry
For the Business Services industry and Industrials sector, ManpowerGroup Greater China's Gross Margin % distribution charts can be found below:
* The bar in red indicates where ManpowerGroup Greater China'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.
ManpowerGroup Greater China (HKSE:02180) has a Gross Margin % of 9.74% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on ManpowerGroup Greater China and its competitors. This is 40% below median its historical median of 16.35. Over the past decade, ManpowerGroup Greater China's Gross Margin % has ranged from 9.06 to 23.42. According to the industry distribution chart, ManpowerGroup Greater China ranks #930 out of 1005 companies in the Business Services industry, placing it in the top 92.5%.
Is ManpowerGroup Greater China's Gross Margin % too high?
ManpowerGroup Greater China's current Gross Margin % of 9.74% is 40% below median its 10-year median of 16.35. Over the past 10 years, this metric has ranged from a low of 9.06 to a high of 23.42. The Business Services industry median Gross Margin % is 34.46. ManpowerGroup Greater China's value of 9.74% is 71.7% below this industry median. Based on the distribution chart, ManpowerGroup Greater China ranks #930 out of 1005 companies in the Business Services industry, which is in the bottom quartile relative to peers. Overall, ManpowerGroup Greater China has a GF Score™ of 93/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does ManpowerGroup Greater China's Gross Margin % compare to KFY and RHI?
According to the Business Services industry distribution chart, ManpowerGroup Greater China ranks #930 out of 1005 companies for Gross Margin %. This places ManpowerGroup Greater China in the lower half of its industry. The industry median Gross Margin % is 34.46. ManpowerGroup Greater China's value of 9.74% is 71.7% below this benchmark. Historically, ManpowerGroup Greater China's own Gross Margin % has ranged from 9.06 to 23.42 over the past decade. While the company's 10-year median is 16.35 vs. the industry median of 34.46, ManpowerGroup Greater China 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 1,005 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. ManpowerGroup Greater China's current Gross Margin % of 9.74% is 71.7% 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 ManpowerGroup Greater China 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. ManpowerGroup Greater China's current Gross Margin % is 9.74%, which is 40% below median its own 10-year median of 16.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ManpowerGroup Greater China stock overvalued right now?
Based on GuruFocus' analysis, ManpowerGroup Greater China (HKSE:02180) is currently considered Significantly Undervalued. The stock's GF Value™ is HK$6.69, compared to a current price of HK$4.61 — trading 31.1% below its estimated fair value. The current Gross Margin % is 9.74%, which is 40% below median its 10-year median of 16.35 and 71.7% below the Business Services industry median of 34.46. ManpowerGroup Greater China's overall GF Score™ is 93/100 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 ManpowerGroup Greater China (HKSE:02180), the current Gross Margin % is 9.74% 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 ManpowerGroup Greater China (HKSE:02180) Overvalued in 2026?
Based on GuruFocus' analysis, ManpowerGroup Greater China stock appears to be undervalued.
The current stock price of HK$4.61 is trading 31.1% below its estimated GF Value™ of HK$6.69.
GuruFocus considers ManpowerGroup Greater China to be Significantly Undervalued.
Key valuation signals for HKSE:02180:
Gross Margin %: 9.74% (40% below median its 10-year median of 16.35)
GF Value™: HK$6.69 vs. price of HK$4.61 (31.1% below fair value)
Industry Position: 71.7% below the Business Services median (#930 of 1005)
No single metric tells the full story. See the HKSE:02180 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
ManpowerGroup Greater China Ltd is engaged in the business of workforce solutions and services around the world in regions outside of Greater China; It provides flexible employment, talent hunting, recruitment process outsourcing, talent management, and training development. The segments of the company include The Workforce Solutions segment includes Flexible staffing services and Recruitment solutions services, and the Other HR Services segment provides HR services to customers who need assistance in outplacement, leadership development, career management, talent assessment, and training and development services. The company derives a majority of its revenue from the People's Republic of China, while it also has its presence in Hong Kong and Macau, and Taiwan.
93GF Score
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