MAWHF (Man Wah Holdings) Gross Margin %: 38.50% (As of Mar. 2026) — Near Median


MAWHF Man Wah Holdings Ltd MAWHF
56 GF Score
Price $0.55
GF Value $0.84
Valuation Significantly Undervalued
! 2 Warning Signs
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What is Man Wah Holdings Gross Margin %?

Man Wah Holdings MAWHF 56 Gross Margin % is 38.50% as of Mar. 2026, which is 2% above its 10-year median of 37.91. GuruFocus rates MAWHF with a GF Score™ of 56/100 and a GF Value™ of $0.84 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 419 Furnishings, Fixtures & Appliances companies, Man Wah Holdings ranks better than 73.99% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Man Wah Holdings's Gross Profit for the six months ended in Mar. 2026 was $412 Mil. Man Wah Holdings's Revenue for the six months ended in Mar. 2026 was $1,071 Mil. Therefore, Man Wah Holdings's Gross Margin % for the quarter that ended in Mar. 2026 was 38.50%.


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

MAWHF' s Gross Margin % Range Over the Past 10 Years
Min: 34.08   Med: 37.91   Max: 41.88
Current: 39.43


During the past 13 years, the highest Gross Margin % of Man Wah Holdings was 41.88%. The lowest was 34.08%. And the median was 37.91%.

MAWHF's Gross Margin % is ranked better than
73.99% of 419 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 29.11 vs MAWHF: 39.43

Man Wah Holdings had a gross margin of 38.50% for the quarter that ended in Mar. 2026 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Man Wah Holdings was 2.20% per year.


Man Wah Holdings  (OTCPK:MAWHF) 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

Man Wah Holdings had a gross margin of 38.50% for the quarter that ended in Mar. 2026 => 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.


Man Wah Holdings Gross Margin % Related Terms


Man Wah Holdings Gross Margin % Historical Data

* Premium members only.

The historical data trend for Man Wah 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.

Man Wah Holdings Gross Margin % Chart

Man Wah Holdings Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 36.71 38.49 39.37 40.49 39.43

Man Wah Holdings Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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 39.65 39.50 41.45 40.40 38.50

MAWHF vs SN, SGI, MHK: Gross Margin % Comparison

For the Furnishings, Fixtures & Appliances subindustry, Man Wah 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.


Man Wah Holdings Gross Margin % vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Man Wah Holdings's Gross Margin % distribution charts can be found below:

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


MAWHF
56GF Score
Man Wah Holdings Ltd MAWHF
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Man Wah Holdings Gross Margin % Calculation

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

Man Wah Holdings's Gross Margin for the fiscal year that ended in Mar. 2026 is calculated as

Gross Margin % (A: Mar. 2026 )=Gross Profit (A: Mar. 2026 ) / Revenue (A: Mar. 2026 )
=827.7 / 2099.101
=(Revenue - Cost of Goods Sold) / Revenue
=(2099.101 - 1271.387) / 2099.101
=39.43 %

Man Wah Holdings's Gross Margin for the quarter that ended in Mar. 2026 is calculated as


Gross Margin % (Q: Mar. 2026 )=Gross Profit (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=412.5 / 1071.25
=(Revenue - Cost of Goods Sold) / Revenue
=(1071.25 - 658.797) / 1071.25
=38.50 %

* 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 38.50% mean?
Man Wah Holdings (MAWHF) has a Gross Margin % of 38.50% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Man Wah Holdings and its competitors. This is near median its historical median of 37.91. Over the past decade, Man Wah Holdings' Gross Margin % has ranged from 34.08 to 41.88. According to the industry distribution chart, Man Wah Holdings ranks #109 out of 419 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 26%.
Is Man Wah Holdings' Gross Margin % too high?
Man Wah Holdings' current Gross Margin % of 38.50% is near median its 10-year median of 37.91. Over the past 10 years, this metric has ranged from a low of 34.08 to a high of 41.88. The Furnishings, Fixtures & Appliances industry median Gross Margin % is 29.11. Man Wah Holdings' value of 38.50% is 32.3% above this industry median. Based on the distribution chart, Man Wah Holdings ranks #109 out of 419 companies in the Furnishings, Fixtures & Appliances industry, which is above the industry midpoint. Overall, Man Wah Holdings has a GF Score™ of 56/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Man Wah Holdings' Gross Margin % compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Man Wah Holdings ranks #109 out of 419 companies for Gross Margin %. This puts Man Wah Holdings in the upper half of its industry. The industry median Gross Margin % is 29.11. Man Wah Holdings' value of 38.50% is 32.3% above this benchmark. Historically, Man Wah Holdings' own Gross Margin % has ranged from 34.08 to 41.88 over the past decade. While the company's 10-year median is 37.91 vs. the industry median of 29.11, Man Wah Holdings 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 Furnishings, Fixtures & Appliances company?
The median Gross Margin % among Furnishings, Fixtures & Appliances companies is 29.11, based on 419 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. Man Wah Holdings's current Gross Margin % of 38.50% is 32.3% 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 Man Wah Holdings and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Gross Margin % is 29.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Man Wah Holdings's current Gross Margin % is 38.50%, which is near median its own 10-year median of 37.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Man Wah Holdings stock overvalued right now?
Based on GuruFocus' analysis, Man Wah Holdings (MAWHF) is currently considered Significantly Undervalued. The stock's GF Value™ is $0.84, compared to a current price of $0.55 — trading 34.4% below its estimated fair value. The current Gross Margin % is 38.50%, which is near median its 10-year median of 37.91 and 32.3% above the Furnishings, Fixtures & Appliances industry median of 29.11. Man Wah Holdings' overall GF Score™ is 56/100 with 2 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 Man Wah Holdings (MAWHF), the current Gross Margin % is 38.50% as of Mar. 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 Man Wah Holdings (MAWHF) Overvalued in 2026?

Based on GuruFocus' analysis, Man Wah Holdings stock appears to be undervalued. The current stock price of $0.55 is trading 34.4% below its estimated GF Value™ of $0.84. GuruFocus considers Man Wah Holdings to be Significantly Undervalued.

Key valuation signals for MAWHF:

  • Gross Margin %: 38.50% (near median its 10-year median of 37.91)
  • GF Value™: $0.84 vs. price of $0.55 (34.4% below fair value)
  • GF Score™: 56/100 with 2 warning signs
  • Industry Position: 32.3% above the Furnishings, Fixtures & Appliances median (#109 of 419)

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


Man Wah Holdings Business Description

Address 10-14 Kwei Tei Street, 1st Floor, Wah Lai Industrial Center, New Territories, Fotan, Hong Kong, HKG
Man Wah Holdings Ltd is an investment holding company. The company's segment includes Sofas and ancillary products; Bedding and ancillary products; Other products; Other business and Home Group business. It generates maximum revenue from the Sofas and ancillary products segment. Sofas and ancillary products segment manufacture and distribution of sofas and ancillary products through wholesale and distributors other than those by Home Group Ltd and its subsidiaries. Geographically, it derives a majority of its revenue from PRC (including Hong Kong and Macau) and also ahs its presence in North America, Europe and others.
56GF Score

Get the complete analysis for MAWHF

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

$0.55
Price
$0.84
GF Value