Harbor Star Shipping Services (PHS:TUGS) Gross Margin %: 30.23% (As of Mar. 2026) — Near Median


PHS:TUGS Harbor Star Shipping Services Inc PHS:TUGS
56 GF Score
Price ₱0.84
GF Value ₱0.61
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Harbor Star Shipping Services Gross Margin %?

Harbor Star Shipping Services PHS:TUGS +2.44% 56 Gross Margin % is 30.23% as of Mar. 2026, which is 3% above its 10-year median of 29.43. GuruFocus rates PHS:TUGS with a GF Score™ of 56/100 and a GF Value™ of ₱0.61 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 985 Transportation companies, Harbor Star Shipping Services ranks better than 60.1% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Harbor Star Shipping Services's Gross Profit for the three months ended in Mar. 2026 was ₱185 Mil. Harbor Star Shipping Services's Revenue for the three months ended in Mar. 2026 was ₱611 Mil. Therefore, Harbor Star Shipping Services's Gross Margin % for the quarter that ended in Mar. 2026 was 30.23%.

Warning Sign:

Harbor Star Shipping Services Inc gross margin has been in long-term decline. The average rate of decline per year is -1.4%.


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

PHS:TUGS' s Gross Margin % Range Over the Past 10 Years
Min: 20.39   Med: 29.43   Max: 39.03
Current: 25.16


During the past 13 years, the highest Gross Margin % of Harbor Star Shipping Services was 39.03%. The lowest was 20.39%. And the median was 29.43%.

PHS:TUGS's Gross Margin % is ranked better than
60.1% of 985 companies
in the Transportation industry
Industry Median: 20.42 vs PHS:TUGS: 25.16

Harbor Star Shipping Services had a gross margin of 30.23% for the quarter that ended in Mar. 2026 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Harbor Star Shipping Services was -1.40% per year.


Harbor Star Shipping Services  (PHS:TUGS) 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

Harbor Star Shipping Services had a gross margin of 30.23% 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.


Harbor Star Shipping Services Gross Margin % Related Terms


Harbor Star Shipping Services Gross Margin % Historical Data

* Premium members only.

The historical data trend for Harbor Star Shipping 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.

Harbor Star Shipping Services Gross Margin % Chart

Harbor Star Shipping Services 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 28.45 39.03 32.17 29.15 25.07

Harbor Star Shipping Services Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 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 28.81 26.42 29.71 14.06 30.23

Harbor Star Shipping Services Gross Margin % Competitor Comparison

For the Marine Shipping subindustry, Harbor Star Shipping 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.


Harbor Star Shipping Services Gross Margin % vs Transportation Industry

For the Transportation industry and Industrials sector, Harbor Star Shipping Services's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Harbor Star Shipping Services's Gross Margin % falls into.


PHS:TUGS
56GF Score
Harbor Star Shipping Services Inc PHS:TUGS
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Harbor Star Shipping Services Gross Margin % Calculation

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

Harbor Star Shipping Services'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 )
=699.6 / 2790.9
=(Revenue - Cost of Goods Sold) / Revenue
=(2790.9 - 2091.256) / 2790.9
=25.07 %

Harbor Star Shipping Services'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 )
=184.6 / 610.671
=(Revenue - Cost of Goods Sold) / Revenue
=(610.671 - 426.041) / 610.671
=30.23 %

* 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 30.23% mean?
Harbor Star Shipping Services (PHS:TUGS) has a Gross Margin % of 30.23% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Harbor Star Shipping Services and its competitors. This is near median its historical median of 29.43. Over the past decade, Harbor Star Shipping Services' Gross Margin % has ranged from 20.39 to 39.03. According to the industry distribution chart, Harbor Star Shipping Services ranks #393 out of 985 companies in the Transportation industry, placing it in the top 39.9%.
Is Harbor Star Shipping Services' Gross Margin % too high?
Harbor Star Shipping Services' current Gross Margin % of 30.23% is near median its 10-year median of 29.43. Over the past 10 years, this metric has ranged from a low of 20.39 to a high of 39.03. The Transportation industry median Gross Margin % is 20.42. Harbor Star Shipping Services' value of 30.23% is 48% above this industry median. Based on the distribution chart, Harbor Star Shipping Services ranks #393 out of 985 companies in the Transportation industry, which is above the industry midpoint. Overall, Harbor Star Shipping Services has a GF Score™ of 56/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Harbor Star Shipping Services' Gross Margin % compare to competitors?
According to the Transportation industry distribution chart, Harbor Star Shipping Services ranks #393 out of 985 companies for Gross Margin %. This puts Harbor Star Shipping Services in the upper half of its industry. The industry median Gross Margin % is 20.42. Harbor Star Shipping Services' value of 30.23% is 48% above this benchmark. Historically, Harbor Star Shipping Services' own Gross Margin % has ranged from 20.39 to 39.03 over the past decade. While the company's 10-year median is 29.43 vs. the industry median of 20.42, Harbor Star Shipping Services 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 Transportation company?
The median Gross Margin % among Transportation companies is 20.42, based on 985 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. Harbor Star Shipping Services's current Gross Margin % of 30.23% is 48% 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 Harbor Star Shipping Services and its competitors. For the Transportation industry, the median Gross Margin % is 20.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Harbor Star Shipping Services's current Gross Margin % is 30.23%, which is near median its own 10-year median of 29.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Harbor Star Shipping Services stock overvalued right now?
Based on GuruFocus' analysis, Harbor Star Shipping Services (PHS:TUGS) is currently considered Significantly Overvalued. The stock's GF Value™ is ₱0.61, compared to a current price of ₱0.84 — trading 37.7% above its estimated fair value. The current Gross Margin % is 30.23%, which is near median its 10-year median of 29.43 and 48% above the Transportation industry median of 20.42. Harbor Star Shipping Services' overall GF Score™ is 56/100 with 7 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 Harbor Star Shipping Services (PHS:TUGS), the current Gross Margin % is 30.23% 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 Harbor Star Shipping Services (PHS:TUGS) Overvalued in 2026?

Based on GuruFocus' analysis, Harbor Star Shipping Services stock appears to be overvalued. The current stock price of ₱0.84 is trading 37.7% above its estimated GF Value™ of ₱0.61. GuruFocus considers Harbor Star Shipping Services to be Significantly Overvalued.

Key valuation signals for PHS:TUGS:

  • Gross Margin %: 30.23% (near median its 10-year median of 29.43)
  • GF Value™: ₱0.61 vs. price of ₱0.84 (37.7% above fair value)
  • GF Score™: 56/100 with 7 warning signs
  • Industry Position: 48% above the Transportation median (#393 of 985)

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


Harbor Star Shipping Services Business Description

Address 2224 A. Bonifacio Street corner Pres. Sergio Osmena Highway, Bangkal, Makati, PHL, 1233
Harbor Star Shipping Services Inc is an integrated maritime service provider. The service lines include harbor assistance, lighterage, towing, ship salvage, marine construction, repair, and maintenance works, wreck removal, firefighting, oil spill abatement and recovery, handling hazardous chemicals, ship and crew management, diving, and underwater marine works. Other marine services include oil and chemical spill response, diving and underwater work, and ship and crew management. The company operates in two segments: Harbor assistance and Renewable energy. It generates maximum revenue from the Harbor assistance segment.
56GF Score

Get the complete analysis for PHS:TUGS

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

₱0.84
Price
₱0.61
GF Value