Indigo Star Holdings (HKSE:08373) Gross Margin %: 15.61% (As of Dec. 2025) — 17% Below Median

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HKSE:08373 Indigo Star Holdings Ltd HKSE:08373
79 GF Score
Price HK$0.80
GF Value HK$1.12
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Indigo Star Holdings Gross Margin %?

Indigo Star Holdings HKSE:08373 79 Gross Margin % is 15.61% as of Dec. 2025, which is 17% below its 10-year median of 18.83. GuruFocus rates HKSE:08373 with a GF Score™ of 79/100 and a GF Value™ of HK$1.12 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 1,731 Construction companies, Indigo Star Holdings ranks worse than 55.75% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Indigo Star Holdings's Gross Profit for the six months ended in Dec. 2025 was HK$41.1 Mil. Indigo Star Holdings's Revenue for the six months ended in Dec. 2025 was HK$263.3 Mil. Therefore, Indigo Star Holdings's Gross Margin % for the quarter that ended in Dec. 2025 was 15.61%.


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

HKSE:08373' s Gross Margin % Range Over the Past 10 Years
Min: 15.56   Med: 18.83   Max: 27.21
Current: 18.45


During the past 11 years, the highest Gross Margin % of Indigo Star Holdings was 27.21%. The lowest was 15.56%. And the median was 18.83%.

HKSE:08373's Gross Margin % is ranked worse than
55.75% of 1731 companies
in the Construction industry
Industry Median: 20.79 vs HKSE:08373: 18.45

Indigo Star Holdings had a gross margin of 15.61% for the quarter that ended in Dec. 2025 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Indigo Star Holdings was 3.20% per year.


Indigo Star Holdings  (HKSE:08373) 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

Indigo Star Holdings had a gross margin of 15.61% 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.


Indigo Star Holdings Gross Margin % Related Terms


Indigo Star Holdings Gross Margin % Historical Data

* Premium members only.

The historical data trend for Indigo Star 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.

Indigo Star Holdings Gross Margin % Chart

Indigo Star Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.56 24.78 25.78 16.89 18.42

Indigo Star Holdings Semi-Annual Data
Dec15 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 Premium Member Only Premium Member Only 22.03 21.15 13.43 21.65 15.61

HKSE:08373 vs PWR, FIX, EME: Gross Margin % Comparison

For the Engineering & Construction subindustry, Indigo Star 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.


Indigo Star Holdings Gross Margin % vs Construction Industry

For the Construction industry and Industrials sector, Indigo Star Holdings's Gross Margin % distribution charts can be found below:

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


HKSE:08373
79GF Score
Indigo Star Holdings Ltd HKSE:08373
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Indigo Star Holdings Gross Margin % Calculation

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

Indigo Star Holdings's Gross Margin for the fiscal year that ended in Dec. 2025 is calculated as

Gross Margin % (A: Dec. 2025 )=Gross Profit (A: Dec. 2025 ) / Revenue (A: Dec. 2025 )
=90.8 / 492.704
=(Revenue - Cost of Goods Sold) / Revenue
=(492.704 - 401.935) / 492.704
=18.42 %

Indigo Star Holdings's Gross Margin for the quarter that ended in Dec. 2025 is calculated as


Gross Margin % (Q: Dec. 2025 )=Gross Profit (Q: Dec. 2025 ) / Revenue (Q: Dec. 2025 )
=41.1 / 263.337
=(Revenue - Cost of Goods Sold) / Revenue
=(263.337 - 222.23) / 263.337
=15.61 %

* 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 15.61% mean?
Indigo Star Holdings (HKSE:08373) has a Gross Margin % of 15.61% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Indigo Star Holdings and its competitors. This is 17% below median its historical median of 18.83. Over the past decade, Indigo Star Holdings' Gross Margin % has ranged from 15.56 to 27.21. According to the industry distribution chart, Indigo Star Holdings ranks #965 out of 1731 companies in the Construction industry, placing it in the top 55.7%.
Is Indigo Star Holdings' Gross Margin % too high?
Indigo Star Holdings' current Gross Margin % of 15.61% is 17% below median its 10-year median of 18.83. Over the past 10 years, this metric has ranged from a low of 15.56 to a high of 27.21. The Construction industry median Gross Margin % is 20.79. Indigo Star Holdings' value of 15.61% is 24.9% below this industry median. Based on the distribution chart, Indigo Star Holdings ranks #965 out of 1731 companies in the Construction industry, which is below the industry midpoint. Overall, Indigo Star Holdings has a GF Score™ of 79/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Indigo Star Holdings' Gross Margin % compare to PWR and FIX?
According to the Construction industry distribution chart, Indigo Star Holdings ranks #965 out of 1731 companies for Gross Margin %. This places Indigo Star Holdings in the lower half of its industry. The industry median Gross Margin % is 20.79. Indigo Star Holdings' value of 15.61% is 24.9% below this benchmark. Historically, Indigo Star Holdings' own Gross Margin % has ranged from 15.56 to 27.21 over the past decade. While the company's 10-year median is 18.83 vs. the industry median of 20.79, Indigo Star 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 Construction company?
The median Gross Margin % among Construction companies is 20.79, based on 1,731 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. Indigo Star Holdings's current Gross Margin % of 15.61% is 24.9% 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 Indigo Star Holdings and its competitors. For the Construction industry, the median Gross Margin % is 20.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Indigo Star Holdings's current Gross Margin % is 15.61%, which is 17% below median its own 10-year median of 18.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Indigo Star Holdings stock overvalued right now?
Based on GuruFocus' analysis, Indigo Star Holdings (HKSE:08373) is currently considered Modestly Undervalued. The stock's GF Value™ is HK$1.12, compared to a current price of HK$0.80 — trading 28.6% below its estimated fair value. The current Gross Margin % is 15.61%, which is 17% below median its 10-year median of 18.83 and 24.9% below the Construction industry median of 20.79. Indigo Star Holdings' overall GF Score™ is 79/100 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 Indigo Star Holdings (HKSE:08373), the current Gross Margin % is 15.61% 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 Indigo Star Holdings (HKSE:08373) Overvalued in 2026?

Based on GuruFocus' analysis, Indigo Star Holdings stock appears to be undervalued. The current stock price of HK$0.80 is trading 28.6% below its estimated GF Value™ of HK$1.12. GuruFocus considers Indigo Star Holdings to be Modestly Undervalued.

Key valuation signals for HKSE:08373:

  • Gross Margin %: 15.61% (17% below median its 10-year median of 18.83)
  • GF Value™: HK$1.12 vs. price of HK$0.80 (28.6% below fair value)
  • GF Score™: 79/100 with 5 warning signs
  • Industry Position: 24.9% below the Construction median (#965 of 1731)

No single metric tells the full story. See the HKSE:08373 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Indigo Star Holdings Business Description

Address 5 Upper Aljunied Link, No. 03-08 Quartz Industrial Building, Singapore, SGP, 367903
Indigo Star Holdings Ltd is a subcontractor specializing in reinforced concrete works and related construction services. The group mainly provides steel reinforcement works, formwork erection, and concrete works, either individually or as an integrated service package, depending on customer requirements. It also engages in the sales of tiles and the trading of mobile phones and accessories. The group operates through three reportable segments: Construction Contract, Sale of Tiles, and Sales of Mobile Phones and Accessories. The Construction Contract segment generates the majority of the revenue. Geographically, the group derives the majority of its revenue from Singapore.
79GF Score

Get the complete analysis for HKSE:08373

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

HK$0.80
Price
HK$1.12
GF Value