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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.
SingAsia HoldingsHKSE:08293 -6.31%35 Gross Margin % is 16.65% as of Jan. 2026, which is 36% below its 10-year median of 25.92. GuruFocus rates HKSE:08293 with a GF Score™ of 35/100 and a GF Value™ of HK$0.03 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,006 Business Services companies, SingAsia Holdings ranks worse than 86.98% on this metric.
SingAsia Holdings Ltd gross margin has been in long-term decline. The average rate of decline per year is -6.5%.
The historical rank and industry rank for SingAsia Holdings's Gross Margin % or its related term are showing as below:
HKSE:08293'
s Gross Margin % Range Over the Past 10 Years
Min: 14.23 Med: 25.92 Max: 33.24
Current: 14.23
During the past 12 years, the highestGross Margin % of SingAsia Holdings was 33.24%. The lowest was 14.23%. And the median was 25.92%.
HKSE:08293's Gross Margin % is ranked worse than 86.98% of 1006
companies
in the Business Services industry
Industry Median: 34.575
vs HKSE:08293: 14.23
SingAsia Holdings had a gross margin of 16.65% for the quarter that ended in Jan. 2026 => No sustainable competitive advantage
The 5-Year average Growth Rate of Gross Margin for SingAsia Holdings was -6.50% per year.
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
SingAsia Holdings had a gross margin of 16.65% for the quarter that ended in Jan. 2026 => 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.
SingAsia Holdings Gross Margin % Related Terms
SingAsia Holdings Gross Margin % Historical Data
* Premium members only.
The historical data trend for SingAsia 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:08293 vs KFY, RHI, TNET: Gross Margin % Comparison
For the Staffing & Employment Services subindustry, SingAsia 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.
SingAsia Holdings Gross Margin % vs Business Services Industry
For the Business Services industry and Industrials sector, SingAsia Holdings's Gross Margin % distribution charts can be found below:
* The bar in red indicates where SingAsia 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.
SingAsia Holdings (HKSE:08293) has a Gross Margin % of 16.65% as of Jan. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on SingAsia Holdings and its competitors. This is 36% below median its historical median of 25.92. Over the past decade, SingAsia Holdings' Gross Margin % has ranged from 14.23 to 33.24. According to the industry distribution chart, SingAsia Holdings ranks #875 out of 1006 companies in the Business Services industry, placing it in the top 87%.
Is SingAsia Holdings' Gross Margin % too high?
SingAsia Holdings' current Gross Margin % of 16.65% is 36% below median its 10-year median of 25.92. Over the past 10 years, this metric has ranged from a low of 14.23 to a high of 33.24. The Business Services industry median Gross Margin % is 34.58. SingAsia Holdings' value of 16.65% is 51.8% below this industry median. Based on the distribution chart, SingAsia Holdings ranks #875 out of 1006 companies in the Business Services industry, which is in the bottom quartile relative to peers. Overall, SingAsia Holdings has a GF Score™ of 35/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does SingAsia Holdings' Gross Margin % compare to KFY and RHI?
According to the Business Services industry distribution chart, SingAsia Holdings ranks #875 out of 1006 companies for Gross Margin %. This places SingAsia Holdings in the lower half of its industry. The industry median Gross Margin % is 34.58. SingAsia Holdings' value of 16.65% is 51.8% below this benchmark. Historically, SingAsia Holdings' own Gross Margin % has ranged from 14.23 to 33.24 over the past decade. While the company's 10-year median is 25.92 vs. the industry median of 34.58, SingAsia 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 Business Services company?
The median Gross Margin % among Business Services companies is 34.58, based on 1,006 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. SingAsia Holdings's current Gross Margin % of 16.65% is 51.8% 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 SingAsia Holdings and its competitors. For the Business Services industry, the median Gross Margin % is 34.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SingAsia Holdings's current Gross Margin % is 16.65%, which is 36% below median its own 10-year median of 25.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SingAsia Holdings stock overvalued right now?
Based on GuruFocus' analysis, SingAsia Holdings (HKSE:08293) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.03, compared to a current price of HK$0.10 — trading 246.7% above its estimated fair value. The current Gross Margin % is 16.65%, which is 36% below median its 10-year median of 25.92 and 51.8% below the Business Services industry median of 34.58. SingAsia Holdings' overall GF Score™ is 35/100 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 SingAsia Holdings (HKSE:08293), the current Gross Margin % is 16.65% as of Jan. 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 SingAsia Holdings (HKSE:08293) Overvalued in 2026?
Based on GuruFocus' analysis, SingAsia Holdings stock appears to be overvalued.
The current stock price of HK$0.10 is trading 246.7% above its estimated GF Value™ of HK$0.03.
GuruFocus considers SingAsia Holdings to be Significantly Overvalued.
Key valuation signals for HKSE:08293:
Gross Margin %: 16.65% (36% below median its 10-year median of 25.92)
GF Value™: HK$0.03 vs. price of HK$0.10 (246.7% above fair value)
Industry Position: 51.8% below the Business Services median (#875 of 1006)
No single metric tells the full story. See the HKSE:08293 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
SingAsia Holdings Ltd provides specialised workforce solutions, offering manpower outsourcing and recruitment services in Singapore, and corporate development and training services in Hong Kong. The Group supports the hotel and resort, retail, food and beverage, and other sectors, including event organisers, facility management, and various industries across Singapore and Hong Kong. Revenue is generated from manpower outsourcing, recruitment, and corporate development and training services, with operations in both markets and maximum revenue from Singapore. The Group also acts as a one-stop workforce solutions provider, helping customers streamline operations through reliable staffing, HR support, and training services.
35GF Score
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