KPELY (Keppel) Gross Margin %: 29.01% (As of Dec. 2025) — Near Median


KPELY Keppel Ltd KPELY
76 GF Score
Price $17.11
GF Value $10.07
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Keppel Gross Margin %?

Keppel KPELY 76 Gross Margin % is 29.01% as of Dec. 2025, which is 2% below its 10-year median of 29.60. GuruFocus rates KPELY with a GF Score™ of 76/100 and a GF Value™ of $10.07 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 511 Conglomerates companies, Keppel ranks better than 60.27% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Keppel's Gross Profit for the six months ended in Dec. 2025 was $745 Mil. Keppel's Revenue for the six months ended in Dec. 2025 was $2,566 Mil. Therefore, Keppel's Gross Margin % for the quarter that ended in Dec. 2025 was 29.01%.


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

KPELY' s Gross Margin % Range Over the Past 10 Years
Min: 21.83   Med: 29.6   Max: 37.88
Current: 30.06


During the past 13 years, the highest Gross Margin % of Keppel was 37.88%. The lowest was 21.83%. And the median was 29.60%.

KPELY's Gross Margin % is ranked better than
60.27% of 511 companies
in the Conglomerates industry
Industry Median: 25.85 vs KPELY: 30.06

Keppel had a gross margin of 29.01% for the quarter that ended in Dec. 2025 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Keppel was 1.10% per year.


Keppel  (OTCPK:KPELY) 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

Keppel had a gross margin of 29.01% 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.


Keppel Gross Margin % Related Terms


Keppel Gross Margin % Historical Data

* Premium members only.

The historical data trend for Keppel'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.

Keppel Gross Margin % Chart

Keppel 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 23.13 21.83 28.25 25.58 29.18

Keppel Semi-Annual Data
Jun16 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 28.61 29.16 24.64 31.19 29.01

KPELY vs HON, MMM: Gross Margin % Comparison

For the Conglomerates subindustry, Keppel'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.


Keppel Gross Margin % vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Keppel's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Keppel's Gross Margin % falls into.


KPELY
76GF Score
Keppel Ltd KPELY
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Keppel Gross Margin % Calculation

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

Keppel'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 )
=1352.5 / 4635.459
=(Revenue - Cost of Goods Sold) / Revenue
=(4635.459 - 3282.997) / 4635.459
=29.18 %

Keppel'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 )
=744.5 / 2566.455
=(Revenue - Cost of Goods Sold) / Revenue
=(2566.455 - 1821.914) / 2566.455
=29.01 %

* 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 29.01% mean?
Keppel (KPELY) has a Gross Margin % of 29.01% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Keppel and its competitors. This is near median its historical median of 29.60. Over the past decade, Keppel's Gross Margin % has ranged from 21.83 to 37.88. According to the industry distribution chart, Keppel ranks #203 out of 511 companies in the Conglomerates industry, placing it in the top 39.7%.
Is Keppel's Gross Margin % too high?
Keppel's current Gross Margin % of 29.01% is near median its 10-year median of 29.60. Over the past 10 years, this metric has ranged from a low of 21.83 to a high of 37.88. The Conglomerates industry median Gross Margin % is 25.85. Keppel's value of 29.01% is 12.2% above this industry median. Based on the distribution chart, Keppel ranks #203 out of 511 companies in the Conglomerates industry, which is above the industry midpoint. Overall, Keppel has a GF Score™ of 76/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Keppel's Gross Margin % compare to HON and MMM?
According to the Conglomerates industry distribution chart, Keppel ranks #203 out of 511 companies for Gross Margin %. This puts Keppel in the upper half of its industry. The industry median Gross Margin % is 25.85. Keppel's value of 29.01% is 12.2% above this benchmark. Historically, Keppel's own Gross Margin % has ranged from 21.83 to 37.88 over the past decade. While the company's 10-year median is 29.60 vs. the industry median of 25.85, Keppel 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 Conglomerates company?
The median Gross Margin % among Conglomerates companies is 25.85, based on 511 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. Keppel's current Gross Margin % of 29.01% is 12.2% 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 Keppel and its competitors. For the Conglomerates industry, the median Gross Margin % is 25.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Keppel's current Gross Margin % is 29.01%, which is near median its own 10-year median of 29.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Keppel stock overvalued right now?
Based on GuruFocus' analysis, Keppel (KPELY) is currently considered Significantly Overvalued. The stock's GF Value™ is $10.07, compared to a current price of $17.11 — trading 69.9% above its estimated fair value. The current Gross Margin % is 29.01%, which is near median its 10-year median of 29.60 and 12.2% above the Conglomerates industry median of 25.85. Keppel's overall GF Score™ is 76/100 with 6 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 Keppel (KPELY), the current Gross Margin % is 29.01% 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 Keppel (KPELY) Overvalued in 2026?

Based on GuruFocus' analysis, Keppel stock appears to be overvalued. The current stock price of $17.11 is trading 69.9% above its estimated GF Value™ of $10.07. GuruFocus considers Keppel to be Significantly Overvalued.

Key valuation signals for KPELY:

  • Gross Margin %: 29.01% (near median its 10-year median of 29.60)
  • GF Value™: $10.07 vs. price of $17.11 (69.9% above fair value)
  • GF Score™: 76/100 with 6 warning signs
  • Industry Position: 12.2% above the Conglomerates median (#203 of 511)

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


Keppel Business Description

Address 1 HarbourFront Avenue, No 18-01, Keppel Bay Tower, Singapore, SGP, 098632
Singapore-based Keppel is an alternative asset manager and operator with SGD 95 billion of funds under management as of the end of December 2025. The group's key segments are infrastructure, real estate, and connectivity (including telecommunication services and operation of data centers). Most of its earnings are derived from its infrastructure segment, where it invests and operates in a portfolio of infrastructure assets. The group also has a fund management platform comprising listed and unlisted investment trusts that generates recurring fee income.
76GF Score

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

$17.11
Price
$10.07
GF Value