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Tiong Woon HoldingSGX:BQM -0.97%59 Gross Margin % is 42.91% as of Dec. 2025, which is 19% above its 10-year median of 36.03. GuruFocus rates SGX:BQM with a GF Score™ of 59/100 and a GF Value™ of S$0.70 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,004 Business Services companies, Tiong Woon Holding ranks better than 57.97% 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
Tiong Woon Holding had a gross margin of 42.91% 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.
Tiong Woon Holding Gross Margin % Related Terms
Tiong Woon Holding Gross Margin % Historical Data
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The historical data trend for Tiong Woon Holding'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:BQM vs URI, SUNB, AER: Gross Margin % Comparison
For the Rental & Leasing Services subindustry, Tiong Woon Holding'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.
Tiong Woon Holding Gross Margin % vs Business Services Industry
For the Business Services industry and Industrials sector, Tiong Woon Holding's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Tiong Woon Holding'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.
Tiong Woon Holding (SGX:BQM) has a Gross Margin % of 42.91% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Tiong Woon Holding and its competitors. This is 19% above median its historical median of 36.03. Over the past decade, Tiong Woon Holding's Gross Margin % has ranged from 23.21 to 41.20. According to the industry distribution chart, Tiong Woon Holding ranks #422 out of 1004 companies in the Business Services industry, placing it in the top 42%.
Is Tiong Woon Holding's Gross Margin % too high?
Tiong Woon Holding's current Gross Margin % of 42.91% is 19% above median its 10-year median of 36.03. Over the past 10 years, this metric has ranged from a low of 23.21 to a high of 41.20. The Business Services industry median Gross Margin % is 34.46. Tiong Woon Holding's value of 42.91% is 24.5% above this industry median. Based on the distribution chart, Tiong Woon Holding ranks #422 out of 1004 companies in the Business Services industry, which is above the industry midpoint. Overall, Tiong Woon Holding has a GF Score™ of 59/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tiong Woon Holding's Gross Margin % compare to URI and SUNB?
According to the Business Services industry distribution chart, Tiong Woon Holding ranks #422 out of 1004 companies for Gross Margin %. This puts Tiong Woon Holding in the upper half of its industry. The industry median Gross Margin % is 34.46. Tiong Woon Holding's value of 42.91% is 24.5% above this benchmark. Historically, Tiong Woon Holding's own Gross Margin % has ranged from 23.21 to 41.20 over the past decade. While the company's 10-year median is 36.03 vs. the industry median of 34.46, Tiong Woon Holding 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 Business Services company?
The median Gross Margin % among Business Services companies is 34.46, based on 1,004 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. Tiong Woon Holding's current Gross Margin % of 42.91% is 24.5% 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 Tiong Woon Holding and its competitors. For the Business Services industry, the median Gross Margin % is 34.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tiong Woon Holding's current Gross Margin % is 42.91%, which is 19% above median its own 10-year median of 36.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tiong Woon Holding stock overvalued right now?
Based on GuruFocus' analysis, Tiong Woon Holding (SGX:BQM) is currently considered Significantly Overvalued. The stock's GF Value™ is S$0.70, compared to a current price of S$1.02 — trading 45.7% above its estimated fair value. The current Gross Margin % is 42.91%, which is 19% above median its 10-year median of 36.03 and 24.5% above the Business Services industry median of 34.46. Tiong Woon Holding's overall GF Score™ is 59/100 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 Tiong Woon Holding (SGX:BQM), the current Gross Margin % is 42.91% 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 Tiong Woon Holding (SGX:BQM) Overvalued in 2026?
Based on GuruFocus' analysis, Tiong Woon Holding stock appears to be overvalued.
The current stock price of S$1.02 is trading 45.7% above its estimated GF Value™ of S$0.70.
GuruFocus considers Tiong Woon Holding to be Significantly Overvalued.
Key valuation signals for SGX:BQM:
Gross Margin %: 42.91% (19% above median its 10-year median of 36.03)
GF Value™: S$0.70 vs. price of S$1.02 (45.7% above fair value)
Industry Position: 24.5% above the Business Services median (#422 of 1004)
No single metric tells the full story. See the SGX:BQM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tiong Woon Corp Holding Ltd is a company engaged in providing integrated specialist services. It also manages turnkey projects from planning to the execution stage. The company operates in three segments. The heavy Lift and Haulage segment, which is the key revenue driver, comprises a wide range of reliable services in Marine Transportation; Marine Transportation comprises the provision of tug and barge services for a wide range of sea transportation projects; The Trading segment comprises trading of new and used equipment. Its revenue comes from the Singapore market, while it has a presence in the Middle East, India, Malaysia, and other countries.
59GF Score
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