Hiap TongSGX:5PO +10.20%50 Gross Margin % is 17.29% as of Mar. 2026, which is 4% below its 10-year median of 17.99. GuruFocus rates SGX:5PO with a GF Score™ of 50/100 and a GF Value™ of S$0.09 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 1,008 Business Services companies, Hiap Tong ranks worse than 81.55% on this metric.
Gross Margin % is calculated as gross profit divided by its revenue. Hiap Tong's Gross Profit for the
six
months ended in Mar. 2026 was S$7.60 Mil. Hiap Tong's Revenue for the
six
months ended in Mar. 2026 was S$43.97 Mil. Therefore, Hiap Tong's Gross Margin % for the quarter that ended in Mar. 2026 was 17.29%.
The historical rank and industry rank for Hiap Tong's Gross Margin % or its related term are showing as below:
SGX:5PO'
s Gross Margin % Range Over the Past 10 Years
Min: 4.24 Med: 17.99 Max: 27.68
Current: 17.44
During the past 13 years, the highestGross Margin % of Hiap Tong was 27.68%. The lowest was 4.24%. And the median was 17.99%.
SGX:5PO's Gross Margin % is ranked worse than 81.55% of 1008
companies
in the Business Services industry
Industry Median: 34.515
vs SGX:5PO: 17.44
Hiap Tong had a gross margin of 17.29% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage
The 5-Year average Growth Rate of Gross Margin for Hiap Tong was 27.30% per year.
Hiap Tong (SGX:5PO) 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 Tong had a gross margin of 17.29% for the quarter that ended in Mar. 2026 => No sustainable 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 Tong Gross Margin % Related Terms
Hiap Tong Gross Margin % Historical Data
* Premium members only.
The historical data trend for Hiap Tong'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:5PO vs URI, SUNB, AER: Gross Margin % Comparison
For the Rental & Leasing Services subindustry, Hiap Tong'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 Tong Gross Margin % vs Business Services Industry
For the Business Services industry and Industrials sector, Hiap Tong's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Hiap Tong'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.
Hiap Tong (SGX:5PO) has a Gross Margin % of 17.29% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Hiap Tong and its competitors. This is near median its historical median of 17.99. Over the past decade, Hiap Tong's Gross Margin % has ranged from 4.24 to 27.68. According to the industry distribution chart, Hiap Tong ranks #822 out of 1008 companies in the Business Services industry, placing it in the top 81.5%.
Is Hiap Tong's Gross Margin % too high?
Hiap Tong's current Gross Margin % of 17.29% is near median its 10-year median of 17.99. Over the past 10 years, this metric has ranged from a low of 4.24 to a high of 27.68. The Business Services industry median Gross Margin % is 34.52. Hiap Tong's value of 17.29% is 49.9% below this industry median. Based on the distribution chart, Hiap Tong ranks #822 out of 1008 companies in the Business Services industry, which is in the bottom quartile relative to peers. Overall, Hiap Tong has a GF Score™ of 50/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hiap Tong's Gross Margin % compare to URI and SUNB?
According to the Business Services industry distribution chart, Hiap Tong ranks #822 out of 1008 companies for Gross Margin %. This places Hiap Tong in the lower half of its industry. The industry median Gross Margin % is 34.52. Hiap Tong's value of 17.29% is 49.9% below this benchmark. Historically, Hiap Tong's own Gross Margin % has ranged from 4.24 to 27.68 over the past decade. While the company's 10-year median is 17.99 vs. the industry median of 34.52, Hiap Tong 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 Business Services company?
The median Gross Margin % among Business Services companies is 34.52, based on 1,008 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 Tong's current Gross Margin % of 17.29% is 49.9% 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 Hiap Tong and its competitors. For the Business Services industry, the median Gross Margin % is 34.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hiap Tong's current Gross Margin % is 17.29%, which is near median its own 10-year median of 17.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hiap Tong stock overvalued right now?
Based on GuruFocus' analysis, Hiap Tong (SGX:5PO) is currently considered Modestly Overvalued. The stock's GF Value™ is S$0.09, compared to a current price of S$0.11 — trading 20% above its estimated fair value. The current Gross Margin % is 17.29%, which is near median its 10-year median of 17.99 and 49.9% below the Business Services industry median of 34.52. Hiap Tong's overall GF Score™ is 50/100 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 Hiap Tong (SGX:5PO), the current Gross Margin % is 17.29% 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 Hiap Tong (SGX:5PO) Overvalued in 2026?
Based on GuruFocus' analysis, Hiap Tong stock appears to be overvalued.
The current stock price of S$0.11 is trading 20% above its estimated GF Value™ of S$0.09.
GuruFocus considers Hiap Tong to be Modestly Overvalued.
Key valuation signals for SGX:5PO:
Gross Margin %: 17.29% (near median its 10-year median of 17.99)
GF Value™: S$0.09 vs. price of S$0.11 (20% above fair value)
Industry Position: 49.9% below the Business Services median (#822 of 1008)
No single metric tells the full story. See the SGX:5PO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hiap Tong Corp Ltd is mainly involved in renting cranes, prime movers, heavy machinery, and equipment and trading cranes and heavy equipment. The company's products are used by the marine, petrochemical, and construction industries. It operates in two segments namely lifting and haulage services, and manpower services. The company also provides load test and drop test services for marine offshore and engineering industries. Its geographical segments include Singapore and Malaysia, of which the majority of the revenue comes from Singapore.
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