SING Holdings (SGX:5IC) Gross Margin %: 20.81% (As of Dec. 2025) — 37% Below Median

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SGX:5IC SING Holdings Ltd SGX:5IC
63 GF Score
Price S$0.46
GF Value S$19.06
Valuation Possible Value Trap
! 5 Warning Signs
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What is SING Holdings Gross Margin %?

SING Holdings SGX:5IC 63 Gross Margin % is 20.81% as of Dec. 2025, which is 37% below its 10-year median of 32.80. GuruFocus rates SGX:5IC with a GF Score™ of 63/100 and a GF Value™ of S$19.06 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 1,640 Real Estate companies, SING Holdings ranks worse than 73.66% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. SING Holdings's Gross Profit for the six months ended in Dec. 2025 was S$181.1 Mil. SING Holdings's Revenue for the six months ended in Dec. 2025 was S$870.4 Mil. Therefore, SING Holdings's Gross Margin % for the quarter that ended in Dec. 2025 was 20.81%.


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

SGX:5IC' s Gross Margin % Range Over the Past 10 Years
Min: 17.81   Med: 32.8   Max: 221.78
Current: 21.22


During the past 13 years, the highest Gross Margin % of SING Holdings was 221.78%. The lowest was 17.81%. And the median was 32.80%.

SGX:5IC's Gross Margin % is ranked worse than
73.66% of 1640 companies
in the Real Estate industry
Industry Median: 36.93 vs SGX:5IC: 21.22

SING Holdings had a gross margin of 20.81% for the quarter that ended in Dec. 2025 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for SING Holdings was 11.00% per year.


SING Holdings  (SGX:5IC) 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

SING Holdings had a gross margin of 20.81% for the quarter that ended in Dec. 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.


SING Holdings Gross Margin % Related Terms


SING Holdings Gross Margin % Historical Data

* Premium members only.

The historical data trend for SING 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.

SING Holdings Gross Margin % Chart

SING Holdings 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 23.65 34.13 221.78 71.34 21.22

SING Holdings Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 450.59 78.63 67.91 65.88 20.81

SGX:5IC vs CBRE, BEKE, JLL: Gross Margin % Comparison

For the Real Estate Services subindustry, SING 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.


SING Holdings Gross Margin % vs Real Estate Industry

For the Real Estate industry and Real Estate sector, SING Holdings's Gross Margin % distribution charts can be found below:

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


SGX:5IC
63GF Score
SING Holdings Ltd SGX:5IC
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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SING Holdings Gross Margin % Calculation

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

SING Holdings'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 )
=186.4 / 878.448
=(Revenue - Cost of Goods Sold) / Revenue
=(878.448 - 692.054) / 878.448
=21.22 %

SING Holdings's Gross Margin for the quarter that ended in Dec. 2025 is calculated as


Gross Margin % (Q: Dec. 2025 )=Gross Profit (Q: Dec. 2025 ) / Revenue (Q: Dec. 2025 )
=181.1 / 870.449
=(Revenue - Cost of Goods Sold) / Revenue
=(870.449 - 689.325) / 870.449
=20.81 %

* 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 20.81% mean?
SING Holdings (SGX:5IC) has a Gross Margin % of 20.81% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on SING Holdings and its competitors. This is 37% below median its historical median of 32.80. Over the past decade, SING Holdings' Gross Margin % has ranged from 17.81 to 221.78. According to the industry distribution chart, SING Holdings ranks #1208 out of 1640 companies in the Real Estate industry, placing it in the top 73.7%.
Is SING Holdings' Gross Margin % too high?
SING Holdings' current Gross Margin % of 20.81% is 37% below median its 10-year median of 32.80. Over the past 10 years, this metric has ranged from a low of 17.81 to a high of 221.78. The Real Estate industry median Gross Margin % is 36.93. SING Holdings' value of 20.81% is 43.7% below this industry median. Based on the distribution chart, SING Holdings ranks #1208 out of 1640 companies in the Real Estate industry, which is below the industry midpoint. Overall, SING Holdings has a GF Score™ of 63/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does SING Holdings' Gross Margin % compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, SING Holdings ranks #1208 out of 1640 companies for Gross Margin %. This places SING Holdings in the lower half of its industry. The industry median Gross Margin % is 36.93. SING Holdings' value of 20.81% is 43.7% below this benchmark. Historically, SING Holdings' own Gross Margin % has ranged from 17.81 to 221.78 over the past decade. While the company's 10-year median is 32.80 vs. the industry median of 36.93, SING Holdings 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 a Real Estate company?
The median Gross Margin % among Real Estate companies is 36.93, based on 1,640 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. SING Holdings's current Gross Margin % of 20.81% is 43.7% 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 SING Holdings and its competitors. For the Real Estate industry, the median Gross Margin % is 36.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SING Holdings's current Gross Margin % is 20.81%, which is 37% below median its own 10-year median of 32.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SING Holdings stock overvalued right now?
Based on GuruFocus' analysis, SING Holdings (SGX:5IC) is currently considered Possible Value Trap. The stock's GF Value™ is S$19.06, compared to a current price of S$0.46 — trading 97.6% below its estimated fair value. The current Gross Margin % is 20.81%, which is 37% below median its 10-year median of 32.80 and 43.7% below the Real Estate industry median of 36.93. SING Holdings' overall GF Score™ is 63/100 with 5 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 SING Holdings (SGX:5IC), the current Gross Margin % is 20.81% as of Dec. 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 SING Holdings (SGX:5IC) Overvalued in 2026?

Based on GuruFocus' analysis, SING Holdings stock appears to be undervalued. The current stock price of S$0.46 is trading 97.6% below its estimated GF Value™ of S$19.06. GuruFocus considers SING Holdings to be Possible Value Trap.

Key valuation signals for SGX:5IC:

  • Gross Margin %: 20.81% (37% below median its 10-year median of 32.80)
  • GF Value™: S$19.06 vs. price of S$0.46 (97.6% below fair value)
  • GF Score™: 63/100 with 5 warning signs
  • Industry Position: 43.7% below the Real Estate median (#1208 of 1640)

No single metric tells the full story. See the SGX:5IC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


SING Holdings Business Description

Address 96 Robinson Road, No. 10-01, SIF Building, Singapore, SGP, 068899
SING Holdings Ltd is engaged in activities relating to investment holding and property development. The company's real estate portfolio includes properties ranging from landed houses, apartments, condominiums, and industrial buildings. The company has two reportable segments; The property development segment which derives maximum revenue, is in the business of developing residential, commercial, and industrial properties for sale; and the other segment is Property investment which owns and leases investment property. Geographically, the company operates in Australia and Singapore.
63GF Score

Get the complete analysis for SGX:5IC

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

S$0.46
Price
S$19.06
GF Value