Aspial (SGX:A30) Gross Margin %: 36.30% (As of Dec. 2025) — Near Median

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SGX:A30 Aspial Corp Ltd SGX:A30
45 GF Score
Price S$0.13
GF Value S$0.11
Valuation Modestly Overvalued
! 6 Warning Signs
View Full Analysis

What is Aspial Gross Margin %?

Aspial SGX:A30 -1.49% 45 Gross Margin % is 36.30% as of Dec. 2025, which is 1% above its 10-year median of 35.89. GuruFocus rates SGX:A30 with a GF Score™ of 45/100 and a GF Value™ of S$0.11 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 1,119 Retail - Cyclical companies, Aspial ranks worse than 50.22% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Aspial's Gross Profit for the six months ended in Dec. 2025 was S$174.9 Mil. Aspial's Revenue for the six months ended in Dec. 2025 was S$481.8 Mil. Therefore, Aspial's Gross Margin % for the quarter that ended in Dec. 2025 was 36.30%.

Warning Sign:

Aspial Corp Ltd gross margin has been in long-term decline. The average rate of decline per year is -2.1%.


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

SGX:A30' s Gross Margin % Range Over the Past 10 Years
Min: 23.75   Med: 35.89   Max: 41.39
Current: 36.25


During the past 13 years, the highest Gross Margin % of Aspial was 41.39%. The lowest was 23.75%. And the median was 35.89%.

SGX:A30's Gross Margin % is ranked worse than
50.22% of 1119 companies
in the Retail - Cyclical industry
Industry Median: 36.29 vs SGX:A30: 36.25

Aspial had a gross margin of 36.30% for the quarter that ended in Dec. 2025 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Aspial was -2.10% per year.


Aspial  (SGX:A30) 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

Aspial had a gross margin of 36.30% 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.


Aspial Gross Margin % Related Terms


Aspial Gross Margin % Historical Data

* Premium members only.

The historical data trend for Aspial'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.

Aspial Gross Margin % Chart

Aspial 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 41.39 39.21 33.54 35.52 36.25

Aspial 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 32.79 38.03 33.57 36.17 36.30

SGX:A30 vs TPR, SIG: Gross Margin % Comparison

For the Luxury Goods subindustry, Aspial'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.


Aspial Gross Margin % vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Aspial's Gross Margin % distribution charts can be found below:

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


SGX:A30
45GF Score
Aspial Corp Ltd SGX:A30
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Aspial Gross Margin % Calculation

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

Aspial'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 )
=317.4 / 875.804
=(Revenue - Cost of Goods Sold) / Revenue
=(875.804 - 558.365) / 875.804
=36.25 %

Aspial'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 )
=174.9 / 481.773
=(Revenue - Cost of Goods Sold) / Revenue
=(481.773 - 306.874) / 481.773
=36.30 %

* 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 36.30% mean?
Aspial (SGX:A30) has a Gross Margin % of 36.30% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Aspial and its competitors. This is near median its historical median of 35.89. Over the past decade, Aspial's Gross Margin % has ranged from 23.75 to 41.39. According to the industry distribution chart, Aspial ranks #562 out of 1119 companies in the Retail - Cyclical industry, placing it in the top 50.2%.
Is Aspial's Gross Margin % too high?
Aspial's current Gross Margin % of 36.30% is near median its 10-year median of 35.89. Over the past 10 years, this metric has ranged from a low of 23.75 to a high of 41.39. The Retail - Cyclical industry median Gross Margin % is 36.29. Aspial's value of 36.30% is 0% above this industry median. Based on the distribution chart, Aspial ranks #562 out of 1119 companies in the Retail - Cyclical industry, which is below the industry midpoint. Overall, Aspial has a GF Score™ of 45/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Aspial's Gross Margin % compare to TPR and SIG?
According to the Retail - Cyclical industry distribution chart, Aspial ranks #562 out of 1119 companies for Gross Margin %. This places Aspial in the lower half of its industry. The industry median Gross Margin % is 36.29. Aspial's value of 36.30% is 0% above this benchmark. Historically, Aspial's own Gross Margin % has ranged from 23.75 to 41.39 over the past decade. While the company's 10-year median is 35.89 vs. the industry median of 36.29, Aspial 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 Retail - Cyclical company?
The median Gross Margin % among Retail - Cyclical companies is 36.29, based on 1,119 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. Aspial's current Gross Margin % of 36.30% is 0% 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 Aspial and its competitors. For the Retail - Cyclical industry, the median Gross Margin % is 36.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aspial's current Gross Margin % is 36.30%, which is near median its own 10-year median of 35.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aspial stock overvalued right now?
Based on GuruFocus' analysis, Aspial (SGX:A30) is currently considered Modestly Overvalued. The stock's GF Value™ is S$0.11, compared to a current price of S$0.13 — trading 20% above its estimated fair value. The current Gross Margin % is 36.30%, which is near median its 10-year median of 35.89 and 0% above the Retail - Cyclical industry median of 36.29. Aspial'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 Aspial (SGX:A30), the current Gross Margin % is 36.30% 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 Aspial (SGX:A30) Overvalued in 2026?

Based on GuruFocus' analysis, Aspial stock appears to be overvalued. The current stock price of S$0.13 is trading 20% above its estimated GF Value™ of S$0.11. GuruFocus considers Aspial to be Modestly Overvalued.

Key valuation signals for SGX:A30:

  • Gross Margin %: 36.30% (near median its 10-year median of 35.89)
  • GF Value™: S$0.11 vs. price of S$0.13 (20% above fair value)
  • GF Score™: 45/100 with 6 warning signs
  • Industry Position: 0% above the Retail - Cyclical median (#562 of 1119)

No single metric tells the full story. See the SGX:A30 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Aspial Business Description

Address 55 Ubi Avenue 3, No. 01-01, Aspial One, Singapore, SGP, 408864
Aspial Corp Ltd is an investment holding company. It manages a wide spectrum of businesses, which includes jewelry retail, property development, and financial services. The group operating segment comprises: Financial service business, Real estate business, Retail business, and Others. A majority of its revenue is generated from the Retail business segment, which represents income generated from its jewellery retail business. Geographically, the company generates maximum revenue from Singapore. The firm generates smaller portion of its revenue from Australia, Malaysia, Greater China, and Europe and other regions.
45GF Score

Get the complete analysis for SGX:A30

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

S$0.13
Price
S$0.11
GF Value