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PNE IndustriesSGX:BDA -4.65%46 Gross Margin % is 13.98% as of Mar. 2026, which is 33% below its 10-year median of 20.80. GuruFocus rates SGX:BDA with a GF Score™ of 46/100 and a GF Value™ of S$0.54 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 2,457 Hardware companies, PNE Industries ranks worse than 75.95% 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
PNE Industries had a gross margin of 13.98% 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.
PNE Industries Gross Margin % Related Terms
PNE Industries Gross Margin % Historical Data
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The historical data trend for PNE Industries'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:BDA vs APH, GLW, TEL: Gross Margin % Comparison
For the Electronic Components subindustry, PNE Industries'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.
PNE Industries Gross Margin % vs Hardware Industry
For the Hardware industry and Technology sector, PNE Industries's Gross Margin % distribution charts can be found below:
* The bar in red indicates where PNE Industries'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.
PNE Industries (SGX:BDA) has a Gross Margin % of 13.98% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on PNE Industries and its competitors. This is 33% below median its historical median of 20.80. Over the past decade, PNE Industries' Gross Margin % has ranged from 14.04 to 30.44. According to the industry distribution chart, PNE Industries ranks #1866 out of 2457 companies in the Hardware industry, placing it in the top 75.9%.
Is PNE Industries' Gross Margin % too high?
PNE Industries' current Gross Margin % of 13.98% is 33% below median its 10-year median of 20.80. Over the past 10 years, this metric has ranged from a low of 14.04 to a high of 30.44. The Hardware industry median Gross Margin % is 24.54. PNE Industries' value of 13.98% is 43% below this industry median. Based on the distribution chart, PNE Industries ranks #1866 out of 2457 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, PNE Industries has a GF Score™ of 46/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PNE Industries' Gross Margin % compare to APH and GLW?
According to the Hardware industry distribution chart, PNE Industries ranks #1866 out of 2457 companies for Gross Margin %. This places PNE Industries in the lower half of its industry. The industry median Gross Margin % is 24.54. PNE Industries' value of 13.98% is 43% below this benchmark. Historically, PNE Industries' own Gross Margin % has ranged from 14.04 to 30.44 over the past decade. While the company's 10-year median is 20.80 vs. the industry median of 24.54, PNE Industries 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 24.54, based on 2,457 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. PNE Industries's current Gross Margin % of 13.98% is 43% 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 PNE Industries and its competitors. For the Hardware industry, the median Gross Margin % is 24.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PNE Industries's current Gross Margin % is 13.98%, which is 33% below median its own 10-year median of 20.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PNE Industries stock overvalued right now?
Based on GuruFocus' analysis, PNE Industries (SGX:BDA) is currently considered Modestly Undervalued. The stock's GF Value™ is S$0.54, compared to a current price of S$0.41 — trading 24.1% below its estimated fair value. The current Gross Margin % is 13.98%, which is 33% below median its 10-year median of 20.80 and 43% below the Hardware industry median of 24.54. PNE Industries' overall GF Score™ is 46/100 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 PNE Industries (SGX:BDA), the current Gross Margin % is 13.98% 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 PNE Industries (SGX:BDA) Overvalued in 2026?
Based on GuruFocus' analysis, PNE Industries stock appears to be undervalued.
The current stock price of S$0.41 is trading 24.1% below its estimated GF Value™ of S$0.54.
GuruFocus considers PNE Industries to be Modestly Undervalued.
Key valuation signals for SGX:BDA:
Gross Margin %: 13.98% (33% below median its 10-year median of 20.80)
GF Value™: S$0.54 vs. price of S$0.41 (24.1% below fair value)
Industry Position: 43% below the Hardware median (#1866 of 2457)
No single metric tells the full story. See the SGX:BDA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
PNE Industries Ltd is an investment holding company and provision of management services. Its business operates in two segments. The Contract Manufacturing segment includes the manufacturing of electronic controllers and other electrical and electronic products. The Trading segment operates in the manufacturing and trading of emergency lighting equipment and related products. The Contract Manufacturing segment generates maximum revenue for the company. Geographically the company exports its products to Romania, the Netherlands, Singapore, Europe, the People's Republic of China, Malaysia, and Other regions.
46GF Score
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