AMTD IDEA GroupSGX:HKB 73 Gross Margin % is -5.37% as of Dec. 2025. GuruFocus rates SGX:HKB with a GF Score™ of 73/100 and a GF Value™ of S$2.57 (Significantly Overvalued). The stock has 10 warning signs investors should review. Among 551 Asset Management companies, AMTD IDEA Group ranks worse than 63.7% on this metric.
AMTD IDEA Group gross margin has been in long-term decline. The average rate of decline per year is -14.7%.
The historical rank and industry rank for AMTD IDEA Group's Gross Margin % or its related term are showing as below:
SGX:HKB'
s Gross Margin % Range Over the Past 10 Years
Min: 43.42 Med: 86.1 Max: 90.11
Current: 43.42
During the past 10 years, the highestGross Margin % of AMTD IDEA Group was 90.11%. The lowest was 43.42%. And the median was 86.10%.
SGX:HKB's Gross Margin % is ranked worse than 63.7% of 551
companies
in the Asset Management industry
Industry Median: 57.53
vs SGX:HKB: 43.42
AMTD IDEA Group had a gross margin of -5.37% for the quarter that ended in Dec. 2025 => No sustainable competitive advantage
The 5-Year average Growth Rate of Gross Margin for AMTD IDEA Group was -14.70% per year.
AMTD IDEA Group (SGX:HKB) 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
AMTD IDEA Group had a gross margin of -5.37% for the quarter that ended in Dec. 2025 => 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.
AMTD IDEA Group Gross Margin % Related Terms
AMTD IDEA Group Gross Margin % Historical Data
* Premium members only.
The historical data trend for AMTD IDEA Group'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:HKB vs BLK, BX, KKR: Gross Margin % Comparison
For the Asset Management subindustry, AMTD IDEA Group'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.
AMTD IDEA Group Gross Margin % vs Asset Management Industry
For the Asset Management industry and Financial Services sector, AMTD IDEA Group's Gross Margin % distribution charts can be found below:
* The bar in red indicates where AMTD IDEA Group'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.
AMTD IDEA Group (SGX:HKB) has a Gross Margin % of -5.37% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on AMTD IDEA Group and its competitors. Over the past decade, AMTD IDEA Group's Gross Margin % has ranged from 43.42 to 90.11. According to the industry distribution chart, AMTD IDEA Group ranks #351 out of 551 companies in the Asset Management industry, placing it in the top 63.7%.
Is AMTD IDEA Group's Gross Margin % too high?
AMTD IDEA Group's current Gross Margin % is -5.37%. Over the past 10 years, this metric has ranged from a low of 43.42 to a high of 90.11. Based on the distribution chart, AMTD IDEA Group ranks #351 out of 551 companies in the Asset Management industry, which is below the industry midpoint. Overall, AMTD IDEA Group has a GF Score™ of 73/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does AMTD IDEA Group's Gross Margin % compare to BLK and BX?
According to the Asset Management industry distribution chart, AMTD IDEA Group ranks #351 out of 551 companies for Gross Margin %. This places AMTD IDEA Group in the lower half of its industry. The industry median Gross Margin % is 57.53. Historically, AMTD IDEA Group's own Gross Margin % has ranged from 43.42 to 90.11 over the past decade. 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 Asset Management company?
The median Gross Margin % among Asset Management companies is 57.53, based on 551 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. 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 AMTD IDEA Group and its competitors. For the Asset Management industry, the median Gross Margin % is 57.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AMTD IDEA Group's current Gross Margin % is -5.37%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AMTD IDEA Group stock overvalued right now?
Based on GuruFocus' analysis, AMTD IDEA Group (SGX:HKB) is currently considered Significantly Overvalued. The stock's GF Value™ is S$2.57, compared to a current price of S$3.49 — trading 35.8% above its estimated fair value. The current Gross Margin % is -5.37%. AMTD IDEA Group's overall GF Score™ is 73/100 with 10 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 AMTD IDEA Group (SGX:HKB), the current Gross Margin % is -5.37% 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 AMTD IDEA Group (SGX:HKB) Overvalued in 2026?
Based on GuruFocus' analysis, AMTD IDEA Group stock appears to be overvalued.
The current stock price of S$3.49 is trading 35.8% above its estimated GF Value™ of S$2.57.
GuruFocus considers AMTD IDEA Group to be Significantly Overvalued.
Key valuation signals for SGX:HKB:
Gross Margin %: -5.37%
GF Value™: S$2.57 vs. price of S$3.49 (35.8% above fair value)
No single metric tells the full story. See the SGX:HKB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
AMTD IDEA Group is a diversified institution and digital solutions conglomerate group, connecting companies and investors with world-wide markets. The group operates its businesses in five reportable and operating segments: capital market solutions segment, digital solutions and other services segment, media and entertainment segment, hotel operations, hospitality and VIP services segment, and strategic investment segment. The group generates the majority of its revenue from the strategic investment segment that engages in proprietary investments and management of world-wide investment portfolio (including listed and unlisted equity shares investments and movie rights investments). Its geographic areas are China, Europe, America, and Southeast Asia.
73GF Score
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