Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Bonvests HoldingsSGX:B28 71 Gross Margin % is 89.23% as of Dec. 2025, which is 1% below its 10-year median of 90.26. GuruFocus rates SGX:B28 with a GF Score™ of 71/100 and a GF Value™ of S$1.02 (Fairly Valued). The stock has 3 warning signs investors should review. Among 792 Travel & Leisure companies, Bonvests Holdings ranks better than 82.95% on this metric.
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
Bonvests Holdings had a gross margin of 89.23% for the quarter that ended in Dec. 2025 => 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.
Bonvests Holdings Gross Margin % Related Terms
Bonvests Holdings Gross Margin % Historical Data
* Premium members only.
The historical data trend for Bonvests 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.
For the Lodging subindustry, Bonvests 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.
Bonvests Holdings Gross Margin % vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Bonvests Holdings's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Bonvests Holdings'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.
Bonvests Holdings (SGX:B28) has a Gross Margin % of 89.23% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Bonvests Holdings and its competitors. This is near median its historical median of 90.26. Over the past decade, Bonvests Holdings' Gross Margin % has ranged from 71.45 to 92.84. According to the industry distribution chart, Bonvests Holdings ranks #135 out of 792 companies in the Travel & Leisure industry, placing it in the top 17%.
Is Bonvests Holdings' Gross Margin % too high?
Bonvests Holdings' current Gross Margin % of 89.23% is near median its 10-year median of 90.26. Over the past 10 years, this metric has ranged from a low of 71.45 to a high of 92.84. The Travel & Leisure industry median Gross Margin % is 43.50. Bonvests Holdings' value of 89.23% is 105.1% above this industry median. Based on the distribution chart, Bonvests Holdings ranks #135 out of 792 companies in the Travel & Leisure industry, which is in the top quartile — a strong position relative to peers. Overall, Bonvests Holdings has a GF Score™ of 71/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Bonvests Holdings' Gross Margin % compare to MAR and HLT?
According to the Travel & Leisure industry distribution chart, Bonvests Holdings ranks #135 out of 792 companies for Gross Margin %. This places Bonvests Holdings in the top 17% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 43.50. Bonvests Holdings' value of 89.23% is 105.1% above this benchmark. Historically, Bonvests Holdings' own Gross Margin % has ranged from 71.45 to 92.84 over the past decade. While the company's 10-year median is 90.26 vs. the industry median of 43.50, Bonvests Holdings 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. Bonvests Holdings's current Gross Margin % of 89.23% is 105.1% 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 Bonvests Holdings 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. Bonvests Holdings's current Gross Margin % is 89.23%, which is near median its own 10-year median of 90.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bonvests Holdings stock overvalued right now?
Based on GuruFocus' analysis, Bonvests Holdings (SGX:B28) is currently considered Fairly Valued. The stock's GF Value™ is S$1.02, compared to a current price of S$0.95 — trading 6.9% below its estimated fair value. The current Gross Margin % is 89.23%, which is near median its 10-year median of 90.26 and 105.1% above the Travel & Leisure industry median of 43.50. Bonvests Holdings' overall GF Score™ is 71/100 with 3 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 Bonvests Holdings (SGX:B28), the current Gross Margin % is 89.23% 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 Bonvests Holdings (SGX:B28) Overvalued in 2026?
Based on GuruFocus' analysis, Bonvests Holdings stock appears to be undervalued.
The current stock price of S$0.95 is trading 6.9% below its estimated GF Value™ of S$1.02.
GuruFocus considers Bonvests Holdings to be Fairly Valued.
Key valuation signals for SGX:B28:
Gross Margin %: 89.23% (near median its 10-year median of 90.26)
GF Value™: S$1.02 vs. price of S$0.95 (6.9% below fair value)
Industry Position: 105.1% above the Travel & Leisure median (#135 of 792)
No single metric tells the full story. See the SGX:B28 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Bonvests Holdings Ltd is an investment holding company. Along with its subsidiaries, the company is involved in various business activities, which include owning and letting properties, development and operation of hotels and a golf course, collection and disposal of waste and contract cleaning, securities trading and investment holding, and provision of management services. The company's reportable operating segments are Rental, Hotel, Industrial, Investment, Development, and Others. A majority of its revenue is derived from the Hotel segment, which includes the development and operation of hotels and a golf course. Geographically, it generates maximum revenue from Singapore, followed by Africa, Maldives, Australia, and other regions.
71GF Score
Get the complete analysis for SGX:B28
Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
SGX:B28 has been successfully added to your 
