Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
THAC Group (Holdings)HKSE:08232 -6.43%25 Gross Margin % is 29.82% as of Dec. 2025, which is 12% above its 10-year median of 26.61. GuruFocus rates HKSE:08232 with a GF Score™ of 25/100 and a GF Value™ of HK$0.25 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 356 Restaurants companies, THAC Group (Holdings) ranks worse than 80.62% on this metric.
THAC Group (Holdings) (HKSE:08232) 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
THAC Group (Holdings) had a gross margin of 29.82% for the quarter that ended in Dec. 2025 => 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.
THAC Group (Holdings) Gross Margin % Related Terms
THAC Group (Holdings) Gross Margin % Historical Data
* Premium members only.
The historical data trend for THAC 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.
HKSE:08232 vs MCD, SBUX, YUM: Gross Margin % Comparison
For the Restaurants subindustry, THAC 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.
THAC Group (Holdings) Gross Margin % vs Restaurants Industry
For the Restaurants industry and Consumer Cyclical sector, THAC Group (Holdings)'s Gross Margin % distribution charts can be found below:
* The bar in red indicates where THAC Group (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.
THAC Group (Holdings) (HKSE:08232) has a Gross Margin % of 29.82% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on THAC Group (Holdings) and its competitors. This is 12% above median its historical median of 26.61. Over the past decade, THAC Group (Holdings)'s Gross Margin % has ranged from 19.05 to 76.91. According to the industry distribution chart, THAC Group (Holdings) ranks #287 out of 356 companies in the Restaurants industry, placing it in the top 80.6%.
Is THAC Group (Holdings)'s Gross Margin % too high?
THAC Group (Holdings)'s current Gross Margin % of 29.82% is 12% above median its 10-year median of 26.61. Over the past 10 years, this metric has ranged from a low of 19.05 to a high of 76.91. The Restaurants industry median Gross Margin % is 45.49. THAC Group (Holdings)'s value of 29.82% is 34.4% below this industry median. Based on the distribution chart, THAC Group (Holdings) ranks #287 out of 356 companies in the Restaurants industry, which is in the bottom quartile relative to peers. Overall, THAC Group (Holdings) has a GF Score™ of 25/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does THAC Group (Holdings)'s Gross Margin % compare to MCD and SBUX?
According to the Restaurants industry distribution chart, THAC Group (Holdings) ranks #287 out of 356 companies for Gross Margin %. This places THAC Group (Holdings) in the lower half of its industry. The industry median Gross Margin % is 45.49. THAC Group (Holdings)'s value of 29.82% is 34.4% below this benchmark. Historically, THAC Group (Holdings)'s own Gross Margin % has ranged from 19.05 to 76.91 over the past decade. While the company's 10-year median is 26.61 vs. the industry median of 45.49, THAC Group (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 Restaurants company?
The median Gross Margin % among Restaurants companies is 45.49, based on 356 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. THAC Group (Holdings)'s current Gross Margin % of 29.82% is 34.4% 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 THAC Group (Holdings) and its competitors. For the Restaurants industry, the median Gross Margin % is 45.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. THAC Group (Holdings)'s current Gross Margin % is 29.82%, which is 12% above median its own 10-year median of 26.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is THAC Group (Holdings) stock overvalued right now?
Based on GuruFocus' analysis, THAC Group (Holdings) (HKSE:08232) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.25, compared to a current price of HK$0.80 — trading 220% above its estimated fair value. The current Gross Margin % is 29.82%, which is 12% above median its 10-year median of 26.61 and 34.4% below the Restaurants industry median of 45.49. THAC Group (Holdings)'s overall GF Score™ is 25/100 with 7 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 THAC Group (Holdings) (HKSE:08232), the current Gross Margin % is 29.82% 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 THAC Group (Holdings) (HKSE:08232) Overvalued in 2026?
Based on GuruFocus' analysis, THAC Group (Holdings) stock appears to be overvalued.
The current stock price of HK$0.80 is trading 220% above its estimated GF Value™ of HK$0.25.
GuruFocus considers THAC Group (Holdings) to be Significantly Overvalued.
Key valuation signals for HKSE:08232:
Gross Margin %: 29.82% (12% above median its 10-year median of 26.61)
GF Value™: HK$0.25 vs. price of HK$0.80 (220% above fair value)
Industry Position: 34.4% below the Restaurants median (#287 of 356)
No single metric tells the full story. See the HKSE:08232 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
THAC Group (Holdings) Ltd, formerly known as Classified Group (Holdings) Ltd is a food and beverage company. It is engaged in the Casual restaurant operations segment in which customers would place orders at the front desk and basic table service is provided by the delivery of ordered food to the table. The casual restaurants plans to provide a more casual and relaxing atmosphere. All the group's operations are located in Hong Kong.
25GF Score
Get the complete analysis for HKSE:08232
Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
HKSE:08232 has been successfully added to your 
