TSH (SGX:KUH) Gross Margin %: 75.99% (As of Jun. 2026) — Near Median

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SGX:KUH TSH Corp Ltd SGX:KUH
51 GF Score
Price S$0.14
GF Value S$0.13
Valuation Fairly Valued
! 3 Warning Signs
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What is TSH Gross Margin %?

TSH SGX:KUH 51 Gross Margin % is 75.99% as of Jun. 2026, which is 2% above its 10-year median of 74.40. GuruFocus rates SGX:KUH with a GF Score™ of 51/100 and a GF Value™ of S$0.13 (Fairly Valued). The stock has 3 warning signs investors should review. Among 354 Restaurants companies, TSH ranks better than 95.48% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. TSH's Gross Profit for the six months ended in Jun. 2026 was S$4.09 Mil. TSH's Revenue for the six months ended in Jun. 2026 was S$5.38 Mil. Therefore, TSH's Gross Margin % for the quarter that ended in Jun. 2026 was 75.99%.


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

SGX:KUH' s Gross Margin % Range Over the Past 10 Years
Min: 71.92   Med: 74.4   Max: 75.65
Current: 74.33


During the past 13 years, the highest Gross Margin % of TSH was 75.65%. The lowest was 71.92%. And the median was 74.40%.

SGX:KUH's Gross Margin % is ranked better than
95.48% of 354 companies
in the Restaurants industry
Industry Median: 45.575 vs SGX:KUH: 74.33

TSH had a gross margin of 75.99% for the quarter that ended in Jun. 2026 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for TSH was 0.20% per year.


TSH  (SGX:KUH) 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

TSH had a gross margin of 75.99% for the quarter that ended in Jun. 2026 => 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.


TSH Gross Margin % Related Terms


TSH Gross Margin % Historical Data

* Premium members only.

The historical data trend for TSH'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.

TSH Gross Margin % Chart

TSH Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 71.92 75.65 74.47 74.40 73.59

TSH Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
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 75.39 73.65 74.24 73.07 75.99

SGX:KUH vs MCD, SBUX, YUM: Gross Margin % Comparison

For the Restaurants subindustry, TSH'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.


TSH Gross Margin % vs Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, TSH's Gross Margin % distribution charts can be found below:

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


SGX:KUH
51GF Score
TSH Corp Ltd SGX:KUH
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

TSH Gross Margin % Calculation

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

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

Gross Margin % (A: Dec. 2025 )=Gross Profit (A: Dec. 2025 ) / Revenue (A: Dec. 2025 )
=9.3 / 12.618
=(Revenue - Cost of Goods Sold) / Revenue
=(12.618 - 3.333) / 12.618
=73.59 %

TSH's Gross Margin for the quarter that ended in Jun. 2026 is calculated as


Gross Margin % (Q: Jun. 2026 )=Gross Profit (Q: Jun. 2026 ) / Revenue (Q: Jun. 2026 )
=4.1 / 5.382
=(Revenue - Cost of Goods Sold) / Revenue
=(5.382 - 1.292) / 5.382
=75.99 %

* 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 75.99% mean?
TSH (SGX:KUH) has a Gross Margin % of 75.99% as of Jun. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on TSH and its competitors. This is near median its historical median of 74.40. Over the past decade, TSH's Gross Margin % has ranged from 71.92 to 75.65. According to the industry distribution chart, TSH ranks #16 out of 354 companies in the Restaurants industry, placing it in the top 4.5%.
Is TSH's Gross Margin % too high?
TSH's current Gross Margin % of 75.99% is near median its 10-year median of 74.40. Over the past 10 years, this metric has ranged from a low of 71.92 to a high of 75.65. The Restaurants industry median Gross Margin % is 45.58. TSH's value of 75.99% is 66.7% above this industry median. Based on the distribution chart, TSH ranks #16 out of 354 companies in the Restaurants industry, which is in the top quartile — a strong position relative to peers. Overall, TSH has a GF Score™ of 51/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does TSH's Gross Margin % compare to MCD and SBUX?
According to the Restaurants industry distribution chart, TSH ranks #16 out of 354 companies for Gross Margin %. This places TSH in the top 5% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 45.58. TSH's value of 75.99% is 66.7% above this benchmark. Historically, TSH's own Gross Margin % has ranged from 71.92 to 75.65 over the past decade. While the company's 10-year median is 74.40 vs. the industry median of 45.58, TSH 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 Restaurants company?
The median Gross Margin % among Restaurants companies is 45.58, based on 354 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. TSH's current Gross Margin % of 75.99% is 66.7% 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 TSH and its competitors. For the Restaurants industry, the median Gross Margin % is 45.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TSH's current Gross Margin % is 75.99%, which is near median its own 10-year median of 74.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TSH stock overvalued right now?
Based on GuruFocus' analysis, TSH (SGX:KUH) is currently considered Fairly Valued. The stock's GF Value™ is S$0.13, compared to a current price of S$0.14 — trading 6.9% above its estimated fair value. The current Gross Margin % is 75.99%, which is near median its 10-year median of 74.40 and 66.7% above the Restaurants industry median of 45.58. TSH's overall GF Score™ is 51/100 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 TSH (SGX:KUH), the current Gross Margin % is 75.99% as of Jun. 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 TSH (SGX:KUH) Overvalued in 2026?

Based on GuruFocus' analysis, TSH stock appears to be overvalued. The current stock price of S$0.14 is trading 6.9% above its estimated GF Value™ of S$0.13. GuruFocus considers TSH to be Fairly Valued.

Key valuation signals for SGX:KUH:

  • Gross Margin %: 75.99% (near median its 10-year median of 74.40)
  • GF Value™: S$0.13 vs. price of S$0.14 (6.9% above fair value)
  • GF Score™: 51/100 with 3 warning signs
  • Industry Position: 66.7% above the Restaurants median (#16 of 354)

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


TSH Business Description

Address 315 Outram Road, No. 14-02 Tan Boon Liat Building, Singapore, SGP, 169074
TSH Corp Ltd is an investment holding company. Along with its subsidiaries, it runs a dynamic chain of bars, namely: Quaich Bar Collector, Quaich Bar Avant-garde, Quaich Bar Wanderlust, The Other Room, Signature Reserve, Capitol Cigar & Whisky Lounge. The group also distributes premium spirits through The Whisky Store and runs a whisky-dedicated exhibition, Whisky Journey. It operates in a single segment, focused on the wholesale and retail sale of food and beverage businesses. Geographically, it operates only in Singapore.
51GF Score

Get the complete analysis for SGX:KUH

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

S$0.14
Price
S$0.13
GF Value