DMCI HoldingsPHS:DMC -1.61%73 Gross Margin % is 34.61% as of Mar. 2026, which is 11% below its 10-year median of 38.68. GuruFocus rates PHS:DMC with a GF Score™ of 73/100 and a GF Value™ of ₱10.39 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 511 Conglomerates companies, DMCI Holdings ranks better than 63.41% 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
DMCI Holdings had a gross margin of 34.61% 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.
DMCI Holdings Gross Margin % Related Terms
DMCI Holdings Gross Margin % Historical Data
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The historical data trend for DMCI 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.
For the Conglomerates subindustry, DMCI 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.
DMCI Holdings Gross Margin % vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, DMCI Holdings's Gross Margin % distribution charts can be found below:
* The bar in red indicates where DMCI Holdings'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.
DMCI Holdings (PHS:DMC) has a Gross Margin % of 34.61% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on DMCI Holdings and its competitors. This is 11% below median its historical median of 38.68. Over the past decade, DMCI Holdings' Gross Margin % has ranged from 23.30 to 51.96. According to the industry distribution chart, DMCI Holdings ranks #187 out of 511 companies in the Conglomerates industry, placing it in the top 36.6%.
Is DMCI Holdings' Gross Margin % too high?
DMCI Holdings' current Gross Margin % of 34.61% is 11% below median its 10-year median of 38.68. Over the past 10 years, this metric has ranged from a low of 23.30 to a high of 51.96. The Conglomerates industry median Gross Margin % is 25.85. DMCI Holdings' value of 34.61% is 33.9% above this industry median. Based on the distribution chart, DMCI Holdings ranks #187 out of 511 companies in the Conglomerates industry, which is above the industry midpoint. Overall, DMCI Holdings has a GF Score™ of 73/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does DMCI Holdings' Gross Margin % compare to HON and MMM?
According to the Conglomerates industry distribution chart, DMCI Holdings ranks #187 out of 511 companies for Gross Margin %. This puts DMCI Holdings in the upper half of its industry. The industry median Gross Margin % is 25.85. DMCI Holdings' value of 34.61% is 33.9% above this benchmark. Historically, DMCI Holdings' own Gross Margin % has ranged from 23.30 to 51.96 over the past decade. While the company's 10-year median is 38.68 vs. the industry median of 25.85, DMCI 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 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. DMCI Holdings's current Gross Margin % of 34.61% is 33.9% 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 DMCI Holdings 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. DMCI Holdings's current Gross Margin % is 34.61%, which is 11% below median its own 10-year median of 38.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is DMCI Holdings stock overvalued right now?
Based on GuruFocus' analysis, DMCI Holdings (PHS:DMC) is currently considered Modestly Undervalued. The stock's GF Value™ is ₱10.39, compared to a current price of ₱7.93 — trading 23.7% below its estimated fair value. The current Gross Margin % is 34.61%, which is 11% below median its 10-year median of 38.68 and 33.9% above the Conglomerates industry median of 25.85. DMCI Holdings' overall GF Score™ is 73/100 with 4 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 DMCI Holdings (PHS:DMC), the current Gross Margin % is 34.61% 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 DMCI Holdings (PHS:DMC) Overvalued in 2026?
Based on GuruFocus' analysis, DMCI Holdings stock appears to be undervalued.
The current stock price of ₱7.93 is trading 23.7% below its estimated GF Value™ of ₱10.39.
GuruFocus considers DMCI Holdings to be Modestly Undervalued.
Key valuation signals for PHS:DMC:
Gross Margin %: 34.61% (11% below median its 10-year median of 38.68)
GF Value™: ₱10.39 vs. price of ₱7.93 (23.7% below fair value)
Industry Position: 33.9% above the Conglomerates median (#187 of 511)
No single metric tells the full story. See the PHS:DMC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
DMCI Holdings Inc is an engineering conglomerate in the Philippines, operating in construction, real estate, coal mining, nickel mining, power generation, and water distribution businesses. The activities of the company include construction-related businesses such as the production and trading of concrete products, exploration, mining, and development of coal resources, mining and selling nickel ore, residential development, power generation through coal-fired power plants and satellite power plants, water services, and others. It organizes its business into operating segments: construction and others, coal mining, nickel mining, real estate, on-grid power, off-grid power, water, and cement manufacturing. It generates the majority of its revenue from the coal mining segment.
73GF Score
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