Aztech Global (SGX:8AZ) Gross Margin %: 22.94% (As of Dec. 2025) — Near Median

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SGX:8AZ Aztech Global Ltd SGX:8AZ
61 GF Score
Price S$0.84
GF Value S$0.48
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Aztech Global Gross Margin %?

Aztech Global SGX:8AZ 61 Gross Margin % is 22.94% as of Dec. 2025, which is 3% below its 10-year median of 23.64. GuruFocus rates SGX:8AZ with a GF Score™ of 61/100 and a GF Value™ of S$0.48 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 2,453 Hardware companies, Aztech Global ranks worse than 54.59% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Aztech Global's Gross Profit for the six months ended in Dec. 2025 was S$56.7 Mil. Aztech Global's Revenue for the six months ended in Dec. 2025 was S$247.1 Mil. Therefore, Aztech Global's Gross Margin % for the quarter that ended in Dec. 2025 was 22.94%.

Warning Sign:

Aztech Global Ltd gross margin has been in long-term decline. The average rate of decline per year is -3.7%.


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

SGX:8AZ' s Gross Margin % Range Over the Past 10 Years
Min: 19.39   Med: 23.64   Max: 28.54
Current: 22.74


During the past 9 years, the highest Gross Margin % of Aztech Global was 28.54%. The lowest was 19.39%. And the median was 23.64%.

SGX:8AZ's Gross Margin % is ranked worse than
54.59% of 2453 companies
in the Hardware industry
Industry Median: 24.49 vs SGX:8AZ: 22.74

Aztech Global had a gross margin of 22.94% for the quarter that ended in Dec. 2025 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Aztech Global was -3.70% per year.


Aztech Global  (SGX:8AZ) 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

Aztech Global had a gross margin of 22.94% 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.


Aztech Global Gross Margin % Related Terms


Aztech Global Gross Margin % Historical Data

* Premium members only.

The historical data trend for Aztech Global'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.

Aztech Global Gross Margin % Chart

Aztech Global Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Gross Margin %
Get a 7-Day Free Trial Premium Member Only 24.90 24.95 23.64 22.78 23.34

Aztech Global Semi-Annual Data
Dec17 Dec18 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 24.40 21.85 22.52 22.48 22.94

SGX:8AZ vs APH, GLW, TEL: Gross Margin % Comparison

For the Electronic Components subindustry, Aztech Global'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.


Aztech Global Gross Margin % vs Hardware Industry

For the Hardware industry and Technology sector, Aztech Global's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Aztech Global's Gross Margin % falls into.


SGX:8AZ
61GF Score
Aztech Global Ltd SGX:8AZ
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Aztech Global Gross Margin % Calculation

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

Aztech Global'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 )
=100.9 / 432.503
=(Revenue - Cost of Goods Sold) / Revenue
=(432.503 - 331.569) / 432.503
=23.34 %

Aztech Global'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 )
=56.7 / 247.088
=(Revenue - Cost of Goods Sold) / Revenue
=(247.088 - 190.412) / 247.088
=22.94 %

* 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 22.94% mean?
Aztech Global (SGX:8AZ) has a Gross Margin % of 22.94% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Aztech Global and its competitors. This is near median its historical median of 23.64. Over the past decade, Aztech Global's Gross Margin % has ranged from 19.39 to 28.54. According to the industry distribution chart, Aztech Global ranks #1339 out of 2453 companies in the Hardware industry, placing it in the top 54.6%.
Is Aztech Global's Gross Margin % too high?
Aztech Global's current Gross Margin % of 22.94% is near median its 10-year median of 23.64. Over the past 10 years, this metric has ranged from a low of 19.39 to a high of 28.54. The Hardware industry median Gross Margin % is 24.49. Aztech Global's value of 22.94% is 6.3% below this industry median. Based on the distribution chart, Aztech Global ranks #1339 out of 2453 companies in the Hardware industry, which is below the industry midpoint. Overall, Aztech Global has a GF Score™ of 61/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Aztech Global's Gross Margin % compare to APH and GLW?
According to the Hardware industry distribution chart, Aztech Global ranks #1339 out of 2453 companies for Gross Margin %. This places Aztech Global in the lower half of its industry. The industry median Gross Margin % is 24.49. Aztech Global's value of 22.94% is 6.3% below this benchmark. Historically, Aztech Global's own Gross Margin % has ranged from 19.39 to 28.54 over the past decade. While the company's 10-year median is 23.64 vs. the industry median of 24.49, Aztech Global 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 Hardware company?
The median Gross Margin % among Hardware companies is 24.49, based on 2,453 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. Aztech Global's current Gross Margin % of 22.94% is 6.3% 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 Aztech Global and its competitors. For the Hardware industry, the median Gross Margin % is 24.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aztech Global's current Gross Margin % is 22.94%, which is near median its own 10-year median of 23.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aztech Global stock overvalued right now?
Based on GuruFocus' analysis, Aztech Global (SGX:8AZ) is currently considered Significantly Overvalued. The stock's GF Value™ is S$0.48, compared to a current price of S$0.84 — trading 75% above its estimated fair value. The current Gross Margin % is 22.94%, which is near median its 10-year median of 23.64 and 6.3% below the Hardware industry median of 24.49. Aztech Global's overall GF Score™ is 61/100 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 Aztech Global (SGX:8AZ), the current Gross Margin % is 22.94% 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 Aztech Global (SGX:8AZ) Overvalued in 2026?

Based on GuruFocus' analysis, Aztech Global stock appears to be overvalued. The current stock price of S$0.84 is trading 75% above its estimated GF Value™ of S$0.48. GuruFocus considers Aztech Global to be Significantly Overvalued.

Key valuation signals for SGX:8AZ:

  • Gross Margin %: 22.94% (near median its 10-year median of 23.64)
  • GF Value™: S$0.48 vs. price of S$0.84 (75% above fair value)
  • GF Score™: 61/100 with 5 warning signs
  • Industry Position: 6.3% below the Hardware median (#1339 of 2453)

No single metric tells the full story. See the SGX:8AZ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Aztech Global Business Description

Address No 01-05, 31 Ubi Road 1, Singapore, SGP, 408694
Aztech Global Ltd is an investment holding company. Its key products can be broadly categorized into the three modes such as IoT Devices and Data-communication products; LED lighting products; and Other electrical products. The Group has two reportable segments which include the manufacturing segment and the distribution and trading segment. The manufacturing segment manufactures and sells electronic products for its customers including related corporations. The distribution and trading segment, which generates maximum revenue, sells electronic products to its customers including related corporations. Geographically, the group generates the majority of its revenue from the North American region, while it also has its presence in Europe, Singapore and Others.
61GF Score

Get the complete analysis for SGX:8AZ

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

S$0.84
Price
S$0.48
GF Value