PSG Financial ServicesNAM:KFS 81 Gross Margin % is 37.49% as of Feb. 2026, which is 7% above its 10-year median of 35.09. GuruFocus rates NAM:KFS with a GF Score™ of 81/100 and a GF Value™ of R21.58 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 553 Asset Management companies, PSG Financial Services ranks worse than 69.98% on this metric.
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
PSG Financial Services had a gross margin of 37.49% for the quarter that ended in Feb. 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.
PSG Financial Services Gross Margin % Related Terms
PSG Financial Services Gross Margin % Historical Data
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The historical data trend for PSG Financial Services'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.
NAM:KFS vs BLK, BX, KKR: Gross Margin % Comparison
For the Asset Management subindustry, PSG Financial Services'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.
PSG Financial Services Gross Margin % vs Asset Management Industry
For the Asset Management industry and Financial Services sector, PSG Financial Services's Gross Margin % distribution charts can be found below:
* The bar in red indicates where PSG Financial Services'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.
PSG Financial Services (NAM:KFS) has a Gross Margin % of 37.49% as of Feb. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on PSG Financial Services and its competitors. This is near median its historical median of 35.09. Over the past decade, PSG Financial Services' Gross Margin % has ranged from 29.25 to 40.49. According to the industry distribution chart, PSG Financial Services ranks #387 out of 553 companies in the Asset Management industry, placing it in the top 70%.
Is PSG Financial Services' Gross Margin % too high?
PSG Financial Services' current Gross Margin % of 37.49% is near median its 10-year median of 35.09. Over the past 10 years, this metric has ranged from a low of 29.25 to a high of 40.49. The Asset Management industry median Gross Margin % is 58.40. PSG Financial Services' value of 37.49% is 35.8% below this industry median. Based on the distribution chart, PSG Financial Services ranks #387 out of 553 companies in the Asset Management industry, which is below the industry midpoint. Overall, PSG Financial Services has a GF Score™ of 81/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PSG Financial Services' Gross Margin % compare to BLK and BX?
According to the Asset Management industry distribution chart, PSG Financial Services ranks #387 out of 553 companies for Gross Margin %. This places PSG Financial Services in the lower half of its industry. The industry median Gross Margin % is 58.40. PSG Financial Services' value of 37.49% is 35.8% below this benchmark. Historically, PSG Financial Services' own Gross Margin % has ranged from 29.25 to 40.49 over the past decade. While the company's 10-year median is 35.09 vs. the industry median of 58.40, PSG Financial Services 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 an Asset Management company?
The median Gross Margin % among Asset Management companies is 58.40, based on 553 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. PSG Financial Services's current Gross Margin % of 37.49% is 35.8% 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 PSG Financial Services and its competitors. For the Asset Management industry, the median Gross Margin % is 58.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PSG Financial Services's current Gross Margin % is 37.49%, which is near median its own 10-year median of 35.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PSG Financial Services stock overvalued right now?
Based on GuruFocus' analysis, PSG Financial Services (NAM:KFS) is currently considered Significantly Overvalued. The stock's GF Value™ is R21.58, compared to a current price of R30.41 — trading 40.9% above its estimated fair value. The current Gross Margin % is 37.49%, which is near median its 10-year median of 35.09 and 35.8% below the Asset Management industry median of 58.40. PSG Financial Services' overall GF Score™ is 81/100 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 PSG Financial Services (NAM:KFS), the current Gross Margin % is 37.49% as of Feb. 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 PSG Financial Services (NAM:KFS) Overvalued in 2026?
Based on GuruFocus' analysis, PSG Financial Services stock appears to be overvalued.
The current stock price of R30.41 is trading 40.9% above its estimated GF Value™ of R21.58.
GuruFocus considers PSG Financial Services to be Significantly Overvalued.
Key valuation signals for NAM:KFS:
Gross Margin %: 37.49% (near median its 10-year median of 35.09)
GF Value™: R21.58 vs. price of R30.41 (40.9% above fair value)
Industry Position: 35.8% below the Asset Management median (#387 of 553)
No single metric tells the full story. See the NAM:KFS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
PSG Financial Services Ltd is an independent financial services company. Business is executed through three operating divisions: PSG Wealth, PSG Asset Management, and PSG Insure. PSG Wealth provides the group with nearly half of its income, with PSG Insure outweighing PSG Asset Management. Through the Wealth unit, PSG delivers a comprehensive suite of products to individuals, families, and businesses. Some of the PSG Wealth offerings include investment products, stockbroking, estate and trust services, and many other related products. PSG is structured into three segments which are PSG Wealth, generating income from managed and platform assets; PSG Asset Management, deriving income from assets under management; PSG Insure, earning income from premiums and underwriting.
81GF Score
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