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XMH HoldingsSGX:BQF 56 Gross Margin % is 35.09% as of Apr. 2026, which is 41% above its 10-year median of 24.91. GuruFocus rates SGX:BQF with a GF Score™ of 56/100 and a GF Value™ of S$0.85 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 2,998 Industrial Products companies, XMH Holdings ranks better than 67.48% on this metric.
The historical rank and industry rank for XMH Holdings's Gross Margin % or its related term are showing as below:
SGX:BQF'
s Gross Margin % Range Over the Past 10 Years
Min: 21.26 Med: 24.91 Max: 33.99
Current: 33.99
During the past 13 years, the highestGross Margin % of XMH Holdings was 33.99%. The lowest was 21.26%. And the median was 24.91%.
SGX:BQF's Gross Margin % is ranked better than 67.48% of 2998
companies
in the Industrial Products industry
Industry Median: 26.84
vs SGX:BQF: 33.99
XMH Holdings had a gross margin of 35.09% for the quarter that ended in Apr. 2026 => Competition eroding margins
The 5-Year average Growth Rate of Gross Margin for XMH Holdings was 7.70% per year.
XMH Holdings (SGX:BQF) 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
XMH Holdings had a gross margin of 35.09% for the quarter that ended in Apr. 2026 => 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.
XMH Holdings Gross Margin % Related Terms
XMH Holdings Gross Margin % Historical Data
* Premium members only.
The historical data trend for XMH 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.
SGX:BQF vs GEV, ETN, PH: Gross Margin % Comparison
For the Specialty Industrial Machinery subindustry, XMH 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.
XMH Holdings Gross Margin % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, XMH Holdings's Gross Margin % distribution charts can be found below:
* The bar in red indicates where XMH 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.
XMH Holdings (SGX:BQF) has a Gross Margin % of 35.09% as of Apr. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on XMH Holdings and its competitors. This is 41% above median its historical median of 24.91. Over the past decade, XMH Holdings' Gross Margin % has ranged from 21.26 to 33.99. According to the industry distribution chart, XMH Holdings ranks #975 out of 2998 companies in the Industrial Products industry, placing it in the top 32.5%.
Is XMH Holdings' Gross Margin % too high?
XMH Holdings' current Gross Margin % of 35.09% is 41% above median its 10-year median of 24.91. Over the past 10 years, this metric has ranged from a low of 21.26 to a high of 33.99. The Industrial Products industry median Gross Margin % is 26.84. XMH Holdings' value of 35.09% is 30.7% above this industry median. Based on the distribution chart, XMH Holdings ranks #975 out of 2998 companies in the Industrial Products industry, which is above the industry midpoint. Overall, XMH Holdings has a GF Score™ of 56/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does XMH Holdings' Gross Margin % compare to GEV and ETN?
According to the Industrial Products industry distribution chart, XMH Holdings ranks #975 out of 2998 companies for Gross Margin %. This puts XMH Holdings in the upper half of its industry. The industry median Gross Margin % is 26.84. XMH Holdings' value of 35.09% is 30.7% above this benchmark. Historically, XMH Holdings' own Gross Margin % has ranged from 21.26 to 33.99 over the past decade. While the company's 10-year median is 24.91 vs. the industry median of 26.84, XMH 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 an Industrial Products company?
The median Gross Margin % among Industrial Products companies is 26.84, based on 2,998 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. XMH Holdings's current Gross Margin % of 35.09% is 30.7% 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 XMH Holdings and its competitors. For the Industrial Products industry, the median Gross Margin % is 26.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. XMH Holdings's current Gross Margin % is 35.09%, which is 41% above median its own 10-year median of 24.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is XMH Holdings stock overvalued right now?
Based on GuruFocus' analysis, XMH Holdings (SGX:BQF) is currently considered Significantly Overvalued. The stock's GF Value™ is S$0.85, compared to a current price of S$2.28 — trading 168.2% above its estimated fair value. The current Gross Margin % is 35.09%, which is 41% above median its 10-year median of 24.91 and 30.7% above the Industrial Products industry median of 26.84. XMH Holdings' overall GF Score™ is 56/100 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 XMH Holdings (SGX:BQF), the current Gross Margin % is 35.09% as of Apr. 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 XMH Holdings (SGX:BQF) Overvalued in 2026?
Based on GuruFocus' analysis, XMH Holdings stock appears to be overvalued.
The current stock price of S$2.28 is trading 168.2% above its estimated GF Value™ of S$0.85.
GuruFocus considers XMH Holdings to be Significantly Overvalued.
Key valuation signals for SGX:BQF:
Gross Margin %: 35.09% (41% above median its 10-year median of 24.91)
GF Value™: S$0.85 vs. price of S$2.28 (168.2% above fair value)
Industry Position: 30.7% above the Industrial Products median (#975 of 2998)
No single metric tells the full story. See the SGX:BQF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
XMH Holdings Ltd is an investment holding company. Along with its subsidiaries, the firm is predominantly engaged as a diesel engine, propulsion, and power generating solutions provider to customers in the marine and industrial sectors across Asia. Its reportable segments are; Distribution, After-sales, and Project. The maximum revenue is generated from its Distribution segment which comprises distribution of propulsion engines. The After-sales segment relates to after-sales services provided which includes services/jobs, sales of spare parts, and other trading; and the Project segment relates to manufacturing, sales, and commission of power generator sets and the manufacturing of marine equipment and related repair services. Geographically, it derives key revenue from Indonesia.
56GF Score
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