Reclaims GlobalSGX:NEX -0.51%66 Gross Margin % is 48.98% as of Jan. 2026, which is 2% above its 10-year median of 48.06. GuruFocus rates SGX:NEX with a GF Score™ of 66/100 and a GF Value™ of S$0.14 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 234 Waste Management companies, Reclaims Global ranks better than 82.48% on this metric.
Reclaims Global Ltd gross margin has been in long-term decline. The average rate of decline per year is -3%.
The historical rank and industry rank for Reclaims Global's Gross Margin % or its related term are showing as below:
SGX:NEX'
s Gross Margin % Range Over the Past 10 Years
Min: 43.49 Med: 48.06 Max: 54.05
Current: 48.33
During the past 11 years, the highestGross Margin % of Reclaims Global was 54.05%. The lowest was 43.49%. And the median was 48.06%.
SGX:NEX's Gross Margin % is ranked better than 82.48% of 234
companies
in the Waste Management industry
Industry Median: 27.35
vs SGX:NEX: 48.33
Reclaims Global had a gross margin of 48.98% for the quarter that ended in Jan. 2026 => Durable competitive advantage
The 5-Year average Growth Rate of Gross Margin for Reclaims Global was -3.00% per year.
Reclaims Global (SGX:NEX) 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
Reclaims Global had a gross margin of 48.98% for the quarter that ended in Jan. 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.
Reclaims Global Gross Margin % Related Terms
Reclaims Global Gross Margin % Historical Data
* Premium members only.
The historical data trend for Reclaims Global'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:NEX vs WM, RSG, WCN: Gross Margin % Comparison
For the Waste Management subindustry, Reclaims Global'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.
Reclaims Global Gross Margin % vs Waste Management Industry
For the Waste Management industry and Industrials sector, Reclaims Global's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Reclaims Global'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.
Reclaims Global (SGX:NEX) has a Gross Margin % of 48.98% as of Jan. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Reclaims Global and its competitors. This is near median its historical median of 48.06. Over the past decade, Reclaims Global's Gross Margin % has ranged from 43.49 to 54.05. According to the industry distribution chart, Reclaims Global ranks #41 out of 234 companies in the Waste Management industry, placing it in the top 17.5%.
Is Reclaims Global's Gross Margin % too high?
Reclaims Global's current Gross Margin % of 48.98% is near median its 10-year median of 48.06. Over the past 10 years, this metric has ranged from a low of 43.49 to a high of 54.05. The Waste Management industry median Gross Margin % is 27.35. Reclaims Global's value of 48.98% is 79.1% above this industry median. Based on the distribution chart, Reclaims Global ranks #41 out of 234 companies in the Waste Management industry, which is in the top quartile — a strong position relative to peers. Overall, Reclaims Global has a GF Score™ of 66/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Reclaims Global's Gross Margin % compare to WM and RSG?
According to the Waste Management industry distribution chart, Reclaims Global ranks #41 out of 234 companies for Gross Margin %. This places Reclaims Global in the top 18% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 27.35. Reclaims Global's value of 48.98% is 79.1% above this benchmark. Historically, Reclaims Global's own Gross Margin % has ranged from 43.49 to 54.05 over the past decade. While the company's 10-year median is 48.06 vs. the industry median of 27.35, Reclaims Global 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 Waste Management company?
The median Gross Margin % among Waste Management companies is 27.35, based on 234 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. Reclaims Global's current Gross Margin % of 48.98% is 79.1% 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 Reclaims Global and its competitors. For the Waste Management industry, the median Gross Margin % is 27.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Reclaims Global's current Gross Margin % is 48.98%, which is near median its own 10-year median of 48.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Reclaims Global stock overvalued right now?
Based on GuruFocus' analysis, Reclaims Global (SGX:NEX) is currently considered Significantly Overvalued. The stock's GF Value™ is S$0.14, compared to a current price of S$0.20 — trading 40.7% above its estimated fair value. The current Gross Margin % is 48.98%, which is near median its 10-year median of 48.06 and 79.1% above the Waste Management industry median of 27.35. Reclaims Global's overall GF Score™ is 66/100 with 4 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 Reclaims Global (SGX:NEX), the current Gross Margin % is 48.98% as of Jan. 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 Reclaims Global (SGX:NEX) Overvalued in 2026?
Based on GuruFocus' analysis, Reclaims Global stock appears to be overvalued.
The current stock price of S$0.20 is trading 40.7% above its estimated GF Value™ of S$0.14.
GuruFocus considers Reclaims Global to be Significantly Overvalued.
Key valuation signals for SGX:NEX:
Gross Margin %: 48.98% (near median its 10-year median of 48.06)
GF Value™: S$0.14 vs. price of S$0.20 (40.7% above fair value)
Industry Position: 79.1% above the Waste Management median (#41 of 234)
No single metric tells the full story. See the SGX:NEX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Reclaims Global Ltd is an integrated service provider in the construction industry. The group specializes in the recycling of construction & demolition waste, customisation of excavation solutions, & operating fleet management. Its operating business segments are: Recycling, Excavation services, & Logistics & leasing. The Excavation services segment performs land clearing, excavation, & removal of construction & demolition waste, consisting of demolition works, site clearance, reshaping, backfilling, compacting, & turfing. The recycling segment focuses on the reclaiming of natural & urban construction & demolition waste & is for sale as building materials to customers. The logistics & leasing segment provides transportation services and leasing of machinery & equipment.
66GF Score
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