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JB FoodsSGX:BEW 77 Gross Margin % is 11.55% as of Mar. 2026, which is 16% above its 10-year median of 9.97. GuruFocus rates SGX:BEW with a GF Score™ of 77/100 and a GF Value™ of S$1.03 (Significantly Undervalued). The stock has 6 warning signs investors should review. Among 1,907 Consumer Packaged Goods companies, JB Foods ranks worse than 81.12% on this metric.
Gross Margin % is calculated as gross profit divided by its revenue. JB Foods's Gross Profit for the
six
months ended in Mar. 2026 was S$87 Mil. JB Foods's Revenue for the
six
months ended in Mar. 2026 was S$757 Mil. Therefore, JB Foods's Gross Margin % for the quarter that ended in Mar. 2026 was 11.55%.
Warning Sign:
JB Foods Ltd gross margin has been in long-term decline. The average rate of decline per year is -4.8%.
The historical rank and industry rank for JB Foods's Gross Margin % or its related term are showing as below:
SGX:BEW'
s Gross Margin % Range Over the Past 10 Years
Min: 4.52 Med: 9.97 Max: 15.11
Current: 12.33
During the past 13 years, the highestGross Margin % of JB Foods was 15.11%. The lowest was 4.52%. And the median was 9.97%.
SGX:BEW's Gross Margin % is ranked worse than 81.12% of 1907
companies
in the Consumer Packaged Goods industry
Industry Median: 26.36
vs SGX:BEW: 12.33
JB Foods had a gross margin of 11.55% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage
The 5-Year average Growth Rate of Gross Margin for JB Foods was -4.80% per year.
JB Foods (SGX:BEW) 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
JB Foods had a gross margin of 11.55% 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.
JB Foods Gross Margin % Related Terms
JB Foods Gross Margin % Historical Data
* Premium members only.
The historical data trend for JB Foods'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:BEW vs MDLZ, HSY, TR: Gross Margin % Comparison
For the Confectioners subindustry, JB Foods'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.
JB Foods Gross Margin % vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, JB Foods's Gross Margin % distribution charts can be found below:
* The bar in red indicates where JB Foods'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.
JB Foods (SGX:BEW) has a Gross Margin % of 11.55% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on JB Foods and its competitors. This is 16% above median its historical median of 9.97. Over the past decade, JB Foods' Gross Margin % has ranged from 4.52 to 15.11. According to the industry distribution chart, JB Foods ranks #1547 out of 1907 companies in the Consumer Packaged Goods industry, placing it in the top 81.1%.
Is JB Foods' Gross Margin % too high?
JB Foods' current Gross Margin % of 11.55% is 16% above median its 10-year median of 9.97. Over the past 10 years, this metric has ranged from a low of 4.52 to a high of 15.11. The Consumer Packaged Goods industry median Gross Margin % is 26.36. JB Foods' value of 11.55% is 56.2% below this industry median. Based on the distribution chart, JB Foods ranks #1547 out of 1907 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers. Overall, JB Foods has a GF Score™ of 77/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does JB Foods' Gross Margin % compare to MDLZ and HSY?
According to the Consumer Packaged Goods industry distribution chart, JB Foods ranks #1547 out of 1907 companies for Gross Margin %. This places JB Foods in the lower half of its industry. The industry median Gross Margin % is 26.36. JB Foods' value of 11.55% is 56.2% below this benchmark. Historically, JB Foods' own Gross Margin % has ranged from 4.52 to 15.11 over the past decade. While the company's 10-year median is 9.97 vs. the industry median of 26.36, JB Foods 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 Consumer Packaged Goods company?
The median Gross Margin % among Consumer Packaged Goods companies is 26.36, based on 1,907 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. JB Foods's current Gross Margin % of 11.55% is 56.2% 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 JB Foods and its competitors. For the Consumer Packaged Goods industry, the median Gross Margin % is 26.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. JB Foods's current Gross Margin % is 11.55%, which is 16% above median its own 10-year median of 9.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is JB Foods stock overvalued right now?
Based on GuruFocus' analysis, JB Foods (SGX:BEW) is currently considered Significantly Undervalued. The stock's GF Value™ is S$1.03, compared to a current price of S$0.72 — trading 30.6% below its estimated fair value. The current Gross Margin % is 11.55%, which is 16% above median its 10-year median of 9.97 and 56.2% below the Consumer Packaged Goods industry median of 26.36. JB Foods' overall GF Score™ is 77/100 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 JB Foods (SGX:BEW), the current Gross Margin % is 11.55% 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 JB Foods (SGX:BEW) Overvalued in 2026?
Based on GuruFocus' analysis, JB Foods stock appears to be undervalued.
The current stock price of S$0.72 is trading 30.6% below its estimated GF Value™ of S$1.03.
GuruFocus considers JB Foods to be Significantly Undervalued.
Key valuation signals for SGX:BEW:
Gross Margin %: 11.55% (16% above median its 10-year median of 9.97)
GF Value™: S$1.03 vs. price of S$0.72 (30.6% below fair value)
Industry Position: 56.2% below the Consumer Packaged Goods median (#1547 of 1907)
No single metric tells the full story. See the SGX:BEW stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
JB Foods Ltd produces cocoa products. The company's products include cocoa powder, cocoa mass, and cocoa butter. The group's products are sold under the 'JB COCOA' brand name to the international customer base, ranging from international trade houses to end users such as food and beverage and confectionery manufacturers. The Group's key customers include Nestle Group, Mondelez Group, Mars Group, Hershey's Group, Itochu Corporation, Theobroma B.V., General Cocoa Company Inc., Olam Europe Limited, etc. The group operates in only one business segment, which is the production and sale of cocoa ingredients products. Geographically, the company derives the majority of its revenue from Singapore.
77GF Score
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