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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
Spindex Industries had a gross margin of 22.09% for the quarter that ended in Jun. 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.
Spindex Industries Gross Margin % Related Terms
Spindex Industries Gross Margin % Historical Data
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The historical data trend for Spindex Industries'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.
SGX:564 vs SNA, RBC, LECO: Gross Margin % Comparison
For the Tools & Accessories subindustry, Spindex Industries'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.
Spindex Industries Gross Margin % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Spindex Industries's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Spindex Industries'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.
Spindex Industries (SGX:564) has a Gross Margin % of 22.09% as of Jun. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Spindex Industries and its competitors. This is near median its historical median of 21.25. Over the past decade, Spindex Industries' Gross Margin % has ranged from 17.49 to 23.41.
Is Spindex Industries' Gross Margin % too high?
Spindex Industries' current Gross Margin % of 22.09% is near median its 10-year median of 21.25. Over the past 10 years, this metric has ranged from a low of 17.49 to a high of 23.41. The Industrial Products industry median Gross Margin % is 26.82. Spindex Industries' value of 22.09% is 17.6% below this industry median. Overall, Spindex Industries has a GF Score™ of 68/100, reflecting its overall financial health beyond just this single metric.
How does Spindex Industries' Gross Margin % compare to SNA and RBC?
Spindex Industries' Gross Margin % of 22.09% can be compared against companies in the Industrial Products industry. The industry median Gross Margin % is 26.82. Spindex Industries' value of 22.09% is 17.6% below this benchmark. Historically, Spindex Industries' own Gross Margin % has ranged from 17.49 to 23.41 over the past decade. While the company's 10-year median is 21.25 vs. the industry median of 26.82, Spindex Industries 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 Industrial Products company?
The median Gross Margin % among Industrial Products companies is 26.82, based on 2,996 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. Spindex Industries's current Gross Margin % of 22.09% is 17.6% 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 Spindex Industries and its competitors. For the Industrial Products industry, the median Gross Margin % is 26.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Spindex Industries's current Gross Margin % is 22.09%, which is near median its own 10-year median of 21.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Spindex Industries stock overvalued right now?
Spindex Industries (SGX:564) has a current Gross Margin % of 22.09%. The stock's GF Value™ is S$0.88, compared to a current price of S$1.42 — trading 61.4% above its estimated fair value. The current Gross Margin % is 22.09%, which is near median its 10-year median of 21.25 and 17.6% below the Industrial Products industry median of 26.82. Spindex Industries' overall GF Score™ is 68/100 with 9 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 Spindex Industries (SGX:564), the current Gross Margin % is 22.09% as of Jun. 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 Spindex Industries (SGX:564) Overvalued in 2026?
Based on GuruFocus' analysis, Spindex Industries stock appears to be overvalued.
The current stock price of S$1.42 is trading 61.4% above its estimated GF Value™ of S$0.88.
Key valuation signals for SGX:564:
Gross Margin %: 22.09% (near median its 10-year median of 21.25)
GF Value™: S$0.88 vs. price of S$1.42 (61.4% above fair value)
Industry Position: 17.6% below the Industrial Products median
No single metric tells the full story. See the SGX:564 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Spindex Industries Ltd is a manufacturer, importer, exporter, and dealer of mechanical, electrical, and electronic parts. The company's operating segment includes Imaging and printing; Machinery and automotive systems; and Consumer product and others. It generates maximum revenue from the Machinery and automotive systems segment. Geographically, it derives a majority of its revenue from the USA, Europe and others and also has a presence in Singapore; ASEAN, and China.
68GF Score
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Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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