Koda (SGX:BJZ) Gross Margin %: 31.73% (As of Dec. 2025) — Near Median

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SGX:BJZ Koda Ltd SGX:BJZ
47 GF Score
Price S$0.30
GF Value S$0.22
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Koda Gross Margin %?

Koda SGX:BJZ 47 Gross Margin % is 31.73% as of Dec. 2025, which is 2% above its 10-year median of 31.19. GuruFocus rates SGX:BJZ with a GF Score™ of 47/100 and a GF Value™ of S$0.22 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 417 Furnishings, Fixtures & Appliances companies, Koda ranks better than 57.31% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Koda's Gross Profit for the six months ended in Dec. 2025 was S$12.13 Mil. Koda's Revenue for the six months ended in Dec. 2025 was S$38.23 Mil. Therefore, Koda's Gross Margin % for the quarter that ended in Dec. 2025 was 31.73%.


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

SGX:BJZ' s Gross Margin % Range Over the Past 10 Years
Min: 27.3   Med: 31.19   Max: 35.48
Current: 32.44


During the past 13 years, the highest Gross Margin % of Koda was 35.48%. The lowest was 27.30%. And the median was 31.19%.

SGX:BJZ's Gross Margin % is ranked better than
57.31% of 417 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 29.49 vs SGX:BJZ: 32.44

Koda had a gross margin of 31.73% for the quarter that ended in Dec. 2025 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Koda was -1.00% per year.


Koda  (SGX:BJZ) 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

Koda had a gross margin of 31.73% 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.


Koda Gross Margin % Related Terms


Koda Gross Margin % Historical Data

* Premium members only.

The historical data trend for Koda'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.

Koda Gross Margin % Chart

Koda Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 32.84 30.95 27.30 28.12 31.42

Koda 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 25.55 30.13 29.74 33.29 31.73

SGX:BJZ vs SN, SGI, MHK: Gross Margin % Comparison

For the Furnishings, Fixtures & Appliances subindustry, Koda'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.


Koda Gross Margin % vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Koda's Gross Margin % distribution charts can be found below:

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


SGX:BJZ
47GF Score
Koda Ltd SGX:BJZ
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Koda Gross Margin % Calculation

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

Koda's Gross Margin for the fiscal year that ended in Jun. 2025 is calculated as

Gross Margin % (A: Jun. 2025 )=Gross Profit (A: Jun. 2025 ) / Revenue (A: Jun. 2025 )
=21.3 / 67.626
=(Revenue - Cost of Goods Sold) / Revenue
=(67.626 - 46.375) / 67.626
=31.42 %

Koda'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 )
=12.1 / 38.233
=(Revenue - Cost of Goods Sold) / Revenue
=(38.233 - 26.102) / 38.233
=31.73 %

* 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 31.73% mean?
Koda (SGX:BJZ) has a Gross Margin % of 31.73% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Koda and its competitors. This is near median its historical median of 31.19. Over the past decade, Koda's Gross Margin % has ranged from 27.30 to 35.48. According to the industry distribution chart, Koda ranks #178 out of 417 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 42.7%.
Is Koda's Gross Margin % too high?
Koda's current Gross Margin % of 31.73% is near median its 10-year median of 31.19. Over the past 10 years, this metric has ranged from a low of 27.30 to a high of 35.48. The Furnishings, Fixtures & Appliances industry median Gross Margin % is 29.49. Koda's value of 31.73% is 7.6% above this industry median. Based on the distribution chart, Koda ranks #178 out of 417 companies in the Furnishings, Fixtures & Appliances industry, which is above the industry midpoint. Overall, Koda has a GF Score™ of 47/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Koda's Gross Margin % compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Koda ranks #178 out of 417 companies for Gross Margin %. This puts Koda in the upper half of its industry. The industry median Gross Margin % is 29.49. Koda's value of 31.73% is 7.6% above this benchmark. Historically, Koda's own Gross Margin % has ranged from 27.30 to 35.48 over the past decade. While the company's 10-year median is 31.19 vs. the industry median of 29.49, Koda 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 Furnishings, Fixtures & Appliances company?
The median Gross Margin % among Furnishings, Fixtures & Appliances companies is 29.49, based on 417 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. Koda's current Gross Margin % of 31.73% is 7.6% 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 Koda and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Gross Margin % is 29.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Koda's current Gross Margin % is 31.73%, which is near median its own 10-year median of 31.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Koda stock overvalued right now?
Based on GuruFocus' analysis, Koda (SGX:BJZ) is currently considered Significantly Overvalued. The stock's GF Value™ is S$0.22, compared to a current price of S$0.30 — trading 36.4% above its estimated fair value. The current Gross Margin % is 31.73%, which is near median its 10-year median of 31.19 and 7.6% above the Furnishings, Fixtures & Appliances industry median of 29.49. Koda's overall GF Score™ is 47/100 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 Koda (SGX:BJZ), the current Gross Margin % is 31.73% 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 Koda (SGX:BJZ) Overvalued in 2026?

Based on GuruFocus' analysis, Koda stock appears to be overvalued. The current stock price of S$0.30 is trading 36.4% above its estimated GF Value™ of S$0.22. GuruFocus considers Koda to be Significantly Overvalued.

Key valuation signals for SGX:BJZ:

  • Gross Margin %: 31.73% (near median its 10-year median of 31.19)
  • GF Value™: S$0.22 vs. price of S$0.30 (36.4% above fair value)
  • GF Score™: 47/100 with 3 warning signs
  • Industry Position: 7.6% above the Furnishings, Fixtures & Appliances median (#178 of 417)

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


Koda Business Description

Address 18 Tagore Lane, Sindo Industrial Estate, Singapore, SGP, 787477
Koda Ltd is a Singapore-based operates in the business of home furnishings and fixtures. It designs and manufactures furniture for the dining room, living room, bedroom, and other applications, offering chairs and tables, outdoor and garden furniture, bedroom furniture, etc. The group operates in two reportable segments, namely Manufacturing and Retail and Distribution. The majority of its revenue is generated from the Manufacturing segment. Geographically, the group generates maximum revenue from North America, followed by Asia-Pacific, Europe, and other regions.
47GF Score

Get the complete analysis for SGX:BJZ

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

S$0.30
Price
S$0.22
GF Value