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ISP GlobalHKSE:08487 +2.70% Gross Margin % is 34.88% as of Dec. 2025, which is 1% above its 10-year median of 34.58. The stock has 6 warning signs investors should review. Among 2,453 Hardware companies, ISP Global ranks better than 66% on this metric.
Gross Margin % is calculated as gross profit divided by its revenue. ISP Global's Gross Profit for the
six
months ended in Dec. 2025 was HK$21.6 Mil. ISP Global's Revenue for the
six
months ended in Dec. 2025 was HK$61.9 Mil. Therefore, ISP Global's Gross Margin % for the quarter that ended in Dec. 2025 was 34.88%.
Warning Sign:
ISP Global Ltd gross margin has been in long-term decline. The average rate of decline per year is -4.6%.
The historical rank and industry rank for ISP Global's Gross Margin % or its related term are showing as below:
HKSE:08487'
s Gross Margin % Range Over the Past 10 Years
Min: 21.37 Med: 34.58 Max: 39.7
Current: 32.89
During the past 10 years, the highestGross Margin % of ISP Global was 39.70%. The lowest was 21.37%. And the median was 34.58%.
HKSE:08487's Gross Margin % is ranked better than 66% of 2453
companies
in the Hardware industry
Industry Median: 24.49
vs HKSE:08487: 32.89
ISP Global had a gross margin of 34.88% for the quarter that ended in Dec. 2025 => Competition eroding margins
The 5-Year average Growth Rate of Gross Margin for ISP Global was -4.60% per year.
ISP Global (HKSE:08487) 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
ISP Global had a gross margin of 34.88% 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.
ISP Global Gross Margin % Related Terms
ISP Global Gross Margin % Historical Data
* Premium members only.
The historical data trend for ISP Global'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:08487 vs CSCO, CIEN, MSI: Gross Margin % Comparison
For the Communication Equipment subindustry, ISP Global'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.
ISP Global Gross Margin % vs Hardware Industry
For the Hardware industry and Technology sector, ISP Global's Gross Margin % distribution charts can be found below:
* The bar in red indicates where ISP Global'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.
ISP Global (HKSE:08487) has a Gross Margin % of 34.88% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on ISP Global and its competitors. This is near median its historical median of 34.58. Over the past decade, ISP Global's Gross Margin % has ranged from 21.37 to 39.70. According to the industry distribution chart, ISP Global ranks #834 out of 2453 companies in the Hardware industry, placing it in the top 34%.
Is ISP Global's Gross Margin % too high?
ISP Global's current Gross Margin % of 34.88% is near median its 10-year median of 34.58. Over the past 10 years, this metric has ranged from a low of 21.37 to a high of 39.70. The Hardware industry median Gross Margin % is 24.49. ISP Global's value of 34.88% is 42.4% above this industry median. Based on the distribution chart, ISP Global ranks #834 out of 2453 companies in the Hardware industry, which is above the industry midpoint.
How does ISP Global's Gross Margin % compare to CSCO and CIEN?
According to the Hardware industry distribution chart, ISP Global ranks #834 out of 2453 companies for Gross Margin %. This puts ISP Global in the upper half of its industry. The industry median Gross Margin % is 24.49. ISP Global's value of 34.88% is 42.4% above this benchmark. Historically, ISP Global's own Gross Margin % has ranged from 21.37 to 39.70 over the past decade. While the company's 10-year median is 34.58 vs. the industry median of 24.49, ISP Global 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 Hardware company?
The median Gross Margin % among Hardware companies is 24.49, based on 2,453 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. ISP Global's current Gross Margin % of 34.88% is 42.4% 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 ISP Global and its competitors. For the Hardware industry, the median Gross Margin % is 24.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ISP Global's current Gross Margin % is 34.88%, which is near median its own 10-year median of 34.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ISP Global stock overvalued right now?
Based on GuruFocus' analysis, ISP Global (HKSE:08487) is currently considered Modestly Undervalued. The stock's GF Value™ is HK$0.09, compared to a current price of HK$0.08 — trading 15.6% below its estimated fair value. The current Gross Margin % is 34.88%, which is near median its 10-year median of 34.58 and 42.4% above the Hardware industry median of 24.49. 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 ISP Global (HKSE:08487), the current Gross Margin % is 34.88% 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.
ISP Global Ltd is an investment holding company engaged in the sale and provision of integrated services for networking, sound, and communication systems in Singapore and the People's Republic of China (PRC). Additionally, it operates e-commerce businesses in the PRC and Malaysia. The Group's two main segments are e-commerce operations, focusing on brand marketing, online agency operations, retail, and distribution, and the sale and provision of integrated services for networking, sound, and communication systems, including alert alarm solutions. The majority of the Group's revenue is generated from its e-commerce operations. The Company operates in Singapore, Malaysia, Hong Kong, and the PRC, with the majority of its revenue coming from the PRC.
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