IWS Group Holdings (HKSE:06663) Gross Margin %: 92.63% (As of Mar. 2026) — Near Median

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HKSE:06663 IWS Group Holdings Ltd HKSE:06663
64 GF Score
Price HK$0.28
GF Value HK$0.36
Valuation Modestly Undervalued
! 3 Warning Signs
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What is IWS Group Holdings Gross Margin %?

IWS Group Holdings HKSE:06663 +1.82% 64 Gross Margin % is 92.63% as of Mar. 2026, which is 1% below its 10-year median of 93.80. GuruFocus rates HKSE:06663 with a GF Score™ of 64/100 and a GF Value™ of HK$0.36 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,001 Business Services companies, IWS Group Holdings ranks better than 94.81% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. IWS Group Holdings's Gross Profit for the six months ended in Mar. 2026 was HK$219.2 Mil. IWS Group Holdings's Revenue for the six months ended in Mar. 2026 was HK$236.6 Mil. Therefore, IWS Group Holdings's Gross Margin % for the quarter that ended in Mar. 2026 was 92.63%.


The historical rank and industry rank for IWS Group Holdings's Gross Margin % or its related term are showing as below:

HKSE:06663' s Gross Margin % Range Over the Past 10 Years
Min: 82.93   Med: 93.8   Max: 98
Current: 94.09


During the past 10 years, the highest Gross Margin % of IWS Group Holdings was 98.00%. The lowest was 82.93%. And the median was 93.80%.

HKSE:06663's Gross Margin % is ranked better than
94.81% of 1001 companies
in the Business Services industry
Industry Median: 34.06 vs HKSE:06663: 94.09

IWS Group Holdings had a gross margin of 92.63% for the quarter that ended in Mar. 2026 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for IWS Group Holdings was 1.60% per year.


IWS Group Holdings  (HKSE:06663) 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

IWS Group Holdings had a gross margin of 92.63% for the quarter that ended in Mar. 2026 => 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.


IWS Group Holdings Gross Margin % Related Terms


IWS Group Holdings Gross Margin % Historical Data

* Premium members only.

The historical data trend for IWS Group 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.

IWS Group Holdings Gross Margin % Chart

IWS Group Holdings Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 82.93 92.54 98.00 96.76 94.09

IWS Group Holdings Semi-Annual Data
Mar17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 98.31 98.55 95.18 95.60 92.63

HKSE:06663 vs ALLE, MSA, ADT: Gross Margin % Comparison

For the Security & Protection Services subindustry, IWS Group 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.


IWS Group Holdings Gross Margin % vs Business Services Industry

For the Business Services industry and Industrials sector, IWS Group Holdings's Gross Margin % distribution charts can be found below:

* The bar in red indicates where IWS Group Holdings's Gross Margin % falls into.


HKSE:06663
64GF Score
IWS Group Holdings Ltd HKSE:06663
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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IWS Group Holdings Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

IWS Group Holdings's Gross Margin for the fiscal year that ended in Mar. 2026 is calculated as

Gross Margin % (A: Mar. 2026 )=Gross Profit (A: Mar. 2026 ) / Revenue (A: Mar. 2026 )
=439.6 / 467.239
=(Revenue - Cost of Goods Sold) / Revenue
=(467.239 - 27.601) / 467.239
=94.09 %

IWS Group Holdings's Gross Margin for the quarter that ended in Mar. 2026 is calculated as


Gross Margin % (Q: Mar. 2026 )=Gross Profit (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=219.2 / 236.63
=(Revenue - Cost of Goods Sold) / Revenue
=(236.63 - 17.448) / 236.63
=92.63 %

* 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.

Frequently Asked Questions Learn more about Gross Margin % →
What does a Gross Margin % of 92.63% mean?
IWS Group Holdings (HKSE:06663) has a Gross Margin % of 92.63% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on IWS Group Holdings and its competitors. This is near median its historical median of 93.80. Over the past decade, IWS Group Holdings' Gross Margin % has ranged from 82.93 to 98.00. According to the industry distribution chart, IWS Group Holdings ranks #52 out of 1001 companies in the Business Services industry, placing it in the top 5.2%.
Is IWS Group Holdings' Gross Margin % too high?
IWS Group Holdings' current Gross Margin % of 92.63% is near median its 10-year median of 93.80. Over the past 10 years, this metric has ranged from a low of 82.93 to a high of 98.00. The Business Services industry median Gross Margin % is 34.06. IWS Group Holdings' value of 92.63% is 172% above this industry median. Based on the distribution chart, IWS Group Holdings ranks #52 out of 1001 companies in the Business Services industry, which is in the top quartile — a strong position relative to peers. Overall, IWS Group Holdings has a GF Score™ of 64/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does IWS Group Holdings' Gross Margin % compare to ALLE and MSA?
According to the Business Services industry distribution chart, IWS Group Holdings ranks #52 out of 1001 companies for Gross Margin %. This places IWS Group Holdings in the top 5% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 34.06. IWS Group Holdings' value of 92.63% is 172% above this benchmark. Historically, IWS Group Holdings' own Gross Margin % has ranged from 82.93 to 98.00 over the past decade. While the company's 10-year median is 93.80 vs. the industry median of 34.06, IWS Group 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 Business Services company?
The median Gross Margin % among Business Services companies is 34.06, based on 1,001 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. IWS Group Holdings's current Gross Margin % of 92.63% is 172% 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 IWS Group Holdings and its competitors. For the Business Services industry, the median Gross Margin % is 34.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. IWS Group Holdings's current Gross Margin % is 92.63%, which is near median its own 10-year median of 93.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IWS Group Holdings stock overvalued right now?
Based on GuruFocus' analysis, IWS Group Holdings (HKSE:06663) is currently considered Modestly Undervalued. The stock's GF Value™ is HK$0.36, compared to a current price of HK$0.28 — trading 22.2% below its estimated fair value. The current Gross Margin % is 92.63%, which is near median its 10-year median of 93.80 and 172% above the Business Services industry median of 34.06. IWS Group Holdings' overall GF Score™ is 64/100 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 IWS Group Holdings (HKSE:06663), the current Gross Margin % is 92.63% as of Mar. 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 IWS Group Holdings (HKSE:06663) Overvalued in 2026?

Based on GuruFocus' analysis, IWS Group Holdings stock appears to be undervalued. The current stock price of HK$0.28 is trading 22.2% below its estimated GF Value™ of HK$0.36. GuruFocus considers IWS Group Holdings to be Modestly Undervalued.

Key valuation signals for HKSE:06663:

  • Gross Margin %: 92.63% (near median its 10-year median of 93.80)
  • GF Value™: HK$0.36 vs. price of HK$0.28 (22.2% below fair value)
  • GF Score™: 64/100 with 3 warning signs
  • Industry Position: 172% above the Business Services median (#52 of 1001)

No single metric tells the full story. See the HKSE:06663 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


IWS Group Holdings Business Description

Address No. 483A Castle Peak Road, 29/F, Excel Centre, Cheung Sha Wan, Kowloon, Hong Kong, HKG
IWS Group Holdings Ltd is engaged in the provision of security services and facility management services in Hong Kong. It operates through two segments. The Security Services segment that derives the majority of revenue provides security service personnel mainly for generally manned guarding, manpower support to the event and crisis security at railway stations and facilities, sea, land, and railway immigration control points, public amenities, private commercial, residential and other properties. The Facility Management Services segment engages in the provision of property management services, car park management services, cleaning services, hotel management services, rental of car parks, and sub-leasing of car parks.
64GF Score

Get the complete analysis for HKSE:06663

Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

HK$0.28
Price
HK$0.36
GF Value