Hiap Hoe (SGX:5JK) Gross Margin %: 49.73% (As of Jun. 2026) — 28% Below Median

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SGX:5JK Hiap Hoe Ltd SGX:5JK
45 GF Score
Price S$0.60
GF Value S$0.67
Valuation Modestly Undervalued
! 6 Warning Signs
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What is Hiap Hoe Gross Margin %?

Hiap Hoe SGX:5JK 45 Gross Margin % is 49.73% as of Jun. 2026, which is 28% below its 10-year median of 69.22. GuruFocus rates SGX:5JK with a GF Score™ of 45/100 and a GF Value™ of S$0.67 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 792 Travel & Leisure companies, Hiap Hoe ranks better than 57.2% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Hiap Hoe's Gross Profit for the six months ended in Jun. 2026 was S$32.5 Mil. Hiap Hoe's Revenue for the six months ended in Jun. 2026 was S$65.3 Mil. Therefore, Hiap Hoe's Gross Margin % for the quarter that ended in Jun. 2026 was 49.73%.


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

SGX:5JK' s Gross Margin % Range Over the Past 10 Years
Min: 48.92   Med: 69.22   Max: 87.56
Current: 48.92


During the past 13 years, the highest Gross Margin % of Hiap Hoe was 87.56%. The lowest was 48.92%. And the median was 69.22%.

SGX:5JK's Gross Margin % is ranked better than
57.2% of 792 companies
in the Travel & Leisure industry
Industry Median: 43.5 vs SGX:5JK: 48.92

Hiap Hoe had a gross margin of 49.73% for the quarter that ended in Jun. 2026 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Hiap Hoe was 1.80% per year.


Hiap Hoe  (SGX:5JK) 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

Hiap Hoe had a gross margin of 49.73% for the quarter that ended in Jun. 2026 => Durable competitive advantage


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.


Hiap Hoe Gross Margin % Related Terms


Hiap Hoe Gross Margin % Historical Data

* Premium members only.

The historical data trend for Hiap Hoe'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.

Hiap Hoe Gross Margin % Chart

Hiap Hoe 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 63.76 68.30 65.17 69.22 71.11

Hiap Hoe Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
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 38.36 44.60 48.33 48.19 49.73

SGX:5JK vs MAR, HLT, H: Gross Margin % Comparison

For the Lodging subindustry, Hiap Hoe'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.


Hiap Hoe Gross Margin % vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Hiap Hoe's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Hiap Hoe's Gross Margin % falls into.


SGX:5JK
45GF Score
Hiap Hoe Ltd SGX:5JK
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Hiap Hoe Gross Margin % Calculation

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

Hiap Hoe'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 )
=96 / 135.002
=(Revenue - Cost of Goods Sold) / Revenue
=(135.002 - 38.998) / 135.002
=71.11 %

Hiap Hoe's Gross Margin for the quarter that ended in Jun. 2026 is calculated as


Gross Margin % (Q: Jun. 2026 )=Gross Profit (Q: Jun. 2026 ) / Revenue (Q: Jun. 2026 )
=32.5 / 65.254
=(Revenue - Cost of Goods Sold) / Revenue
=(65.254 - 32.801) / 65.254
=49.73 %

* 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 49.73% mean?
Hiap Hoe (SGX:5JK) has a Gross Margin % of 49.73% as of Jun. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Hiap Hoe and its competitors. This is 28% below median its historical median of 69.22. Over the past decade, Hiap Hoe's Gross Margin % has ranged from 48.92 to 87.56. According to the industry distribution chart, Hiap Hoe ranks #339 out of 792 companies in the Travel & Leisure industry, placing it in the top 42.8%.
Is Hiap Hoe's Gross Margin % too high?
Hiap Hoe's current Gross Margin % of 49.73% is 28% below median its 10-year median of 69.22. Over the past 10 years, this metric has ranged from a low of 48.92 to a high of 87.56. The Travel & Leisure industry median Gross Margin % is 43.50. Hiap Hoe's value of 49.73% is 14.3% above this industry median. Based on the distribution chart, Hiap Hoe ranks #339 out of 792 companies in the Travel & Leisure industry, which is above the industry midpoint. Overall, Hiap Hoe has a GF Score™ of 45/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hiap Hoe's Gross Margin % compare to MAR and HLT?
According to the Travel & Leisure industry distribution chart, Hiap Hoe ranks #339 out of 792 companies for Gross Margin %. This puts Hiap Hoe in the upper half of its industry. The industry median Gross Margin % is 43.50. Hiap Hoe's value of 49.73% is 14.3% above this benchmark. Historically, Hiap Hoe's own Gross Margin % has ranged from 48.92 to 87.56 over the past decade. While the company's 10-year median is 69.22 vs. the industry median of 43.50, Hiap Hoe 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 Travel & Leisure company?
The median Gross Margin % among Travel & Leisure companies is 43.50, based on 792 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. Hiap Hoe's current Gross Margin % of 49.73% is 14.3% 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 Hiap Hoe and its competitors. For the Travel & Leisure industry, the median Gross Margin % is 43.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hiap Hoe's current Gross Margin % is 49.73%, which is 28% below median its own 10-year median of 69.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hiap Hoe stock overvalued right now?
Based on GuruFocus' analysis, Hiap Hoe (SGX:5JK) is currently considered Modestly Undervalued. The stock's GF Value™ is S$0.67, compared to a current price of S$0.60 — trading 11.2% below its estimated fair value. The current Gross Margin % is 49.73%, which is 28% below median its 10-year median of 69.22 and 14.3% above the Travel & Leisure industry median of 43.50. Hiap Hoe's overall GF Score™ is 45/100 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 Hiap Hoe (SGX:5JK), the current Gross Margin % is 49.73% as of Jun. 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 Hiap Hoe (SGX:5JK) Overvalued in 2026?

Based on GuruFocus' analysis, Hiap Hoe stock appears to be undervalued. The current stock price of S$0.60 is trading 11.2% below its estimated GF Value™ of S$0.67. GuruFocus considers Hiap Hoe to be Modestly Undervalued.

Key valuation signals for SGX:5JK:

  • Gross Margin %: 49.73% (28% below median its 10-year median of 69.22)
  • GF Value™: S$0.67 vs. price of S$0.60 (11.2% below fair value)
  • GF Score™: 45/100 with 6 warning signs
  • Industry Position: 14.3% above the Travel & Leisure median (#339 of 792)

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


Hiap Hoe Business Description

Address 18 Ah Hood Road, No. 13-51, Hiap Hoe Building At Zhongshan Park, Singapore, SGP, 329983
Hiap Hoe Ltd is a regional real estate group. It has the following reportable operating segments -The rental segment is in the business of renting of space under the investment properties and property, plant and equipment. The leisure segment is in the business of providing leisure and recreational facilities. The hotel operations segment is operated under the brand names of Aloft Singapore Novena, Holiday Inn Express Trafford City, Aloft Perth and Great Eastern Motor Lodge. The other investments portfolio consists of a mix of quoted and unquoted investments. The others segment is involved in Group-level corporate services and treasury functions. The company has operations in Singapore which generates key revenue, Australia, and the United Kingdom.
45GF Score

Get the complete analysis for SGX:5JK

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

S$0.60
Price
S$0.67
GF Value