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Austrax HoldingsHKSE:02680 -2.70%69 Gross Margin % is 35.99% as of Feb. 2026, which is 44% below its 10-year median of 64.23. GuruFocus rates HKSE:02680 with a GF Score™ of 69/100 and a GF Value™ of HK$2.05 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 621 Capital Markets companies, Austrax Holdings ranks better than 62.16% 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
Austrax Holdings had a gross margin of 35.99% for the quarter that ended in Feb. 2026 => 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.
Austrax Holdings Gross Margin % Related Terms
Austrax Holdings Gross Margin % Historical Data
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The historical data trend for Austrax 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:02680 vs MS, GS, SCHW: Gross Margin % Comparison
For the Capital Markets subindustry, Austrax 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.
Austrax Holdings Gross Margin % vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Austrax Holdings's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Austrax 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.
Austrax Holdings (HKSE:02680) has a Gross Margin % of 35.99% as of Feb. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Austrax Holdings and its competitors. This is 44% below median its historical median of 64.23. Over the past decade, Austrax Holdings' Gross Margin % has ranged from 28.64 to 88.17. According to the industry distribution chart, Austrax Holdings ranks #235 out of 621 companies in the Capital Markets industry, placing it in the top 37.8%.
Is Austrax Holdings' Gross Margin % too high?
Austrax Holdings' current Gross Margin % of 35.99% is 44% below median its 10-year median of 64.23. Over the past 10 years, this metric has ranged from a low of 28.64 to a high of 88.17. The Capital Markets industry median Gross Margin % is 50.23. Austrax Holdings' value of 35.99% is 28.3% below this industry median. Based on the distribution chart, Austrax Holdings ranks #235 out of 621 companies in the Capital Markets industry, which is above the industry midpoint. Overall, Austrax Holdings has a GF Score™ of 69/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Austrax Holdings' Gross Margin % compare to MS and GS?
According to the Capital Markets industry distribution chart, Austrax Holdings ranks #235 out of 621 companies for Gross Margin %. This puts Austrax Holdings in the upper half of its industry. The industry median Gross Margin % is 50.23. Austrax Holdings' value of 35.99% is 28.3% below this benchmark. Historically, Austrax Holdings' own Gross Margin % has ranged from 28.64 to 88.17 over the past decade. While the company's 10-year median is 64.23 vs. the industry median of 50.23, Austrax 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 Capital Markets company?
The median Gross Margin % among Capital Markets companies is 50.23, based on 621 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. Austrax Holdings's current Gross Margin % of 35.99% is 28.3% 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 Austrax Holdings and its competitors. For the Capital Markets industry, the median Gross Margin % is 50.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Austrax Holdings's current Gross Margin % is 35.99%, which is 44% below median its own 10-year median of 64.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Austrax Holdings stock overvalued right now?
Based on GuruFocus' analysis, Austrax Holdings (HKSE:02680) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$2.05, compared to a current price of HK$7.20 — trading 251.2% above its estimated fair value. The current Gross Margin % is 35.99%, which is 44% below median its 10-year median of 64.23 and 28.3% below the Capital Markets industry median of 50.23. Austrax Holdings' overall GF Score™ is 69/100 with 2 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 Austrax Holdings (HKSE:02680), the current Gross Margin % is 35.99% as of Feb. 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 Austrax Holdings (HKSE:02680) Overvalued in 2026?
Based on GuruFocus' analysis, Austrax Holdings stock appears to be overvalued.
The current stock price of HK$7.20 is trading 251.2% above its estimated GF Value™ of HK$2.05.
GuruFocus considers Austrax Holdings to be Significantly Overvalued.
Key valuation signals for HKSE:02680:
Gross Margin %: 35.99% (44% below median its 10-year median of 64.23)
GF Value™: HK$2.05 vs. price of HK$7.20 (251.2% above fair value)
Industry Position: 28.3% below the Capital Markets median (#235 of 621)
No single metric tells the full story. See the HKSE:02680 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Innovax Holdings Ltd is a financial and securities service provider in Hong Kong. The services offered by the group include corporate finance advisory services, placing and underwriting services, securities dealing and brokerage services, securities financing services, asset management services, and money lending services. The services are offered to retail and corporate clients.
69GF Score
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