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Sheng Siong GroupSGX:OV8 82 Gross Margin % is 31.84% as of Jun. 2026, which is 14% above its 10-year median of 28.05. GuruFocus rates SGX:OV8 with a GF Score™ of 82/100 and a GF Value™ of S$1.97 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 304 Retail - Defensive companies, Sheng Siong Group ranks better than 72.7% on this metric.
Sheng Siong Group (SGX:OV8) 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
Sheng Siong Group had a gross margin of 31.84% for the quarter that ended in Jun. 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.
Sheng Siong Group Gross Margin % Related Terms
Sheng Siong Group Gross Margin % Historical Data
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The historical data trend for Sheng Siong 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.
For the Grocery Stores subindustry, Sheng Siong 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.
Sheng Siong Group Gross Margin % vs Retail - Defensive Industry
For the Retail - Defensive industry and Consumer Defensive sector, Sheng Siong Group's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Sheng Siong 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.
Sheng Siong Group (SGX:OV8) has a Gross Margin % of 31.84% as of Jun. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Sheng Siong Group and its competitors. This is 14% above median its historical median of 28.05. Over the past decade, Sheng Siong Group's Gross Margin % has ranged from 25.69 to 31.82. According to the industry distribution chart, Sheng Siong Group ranks #83 out of 304 companies in the Retail - Defensive industry, placing it in the top 27.3%.
Is Sheng Siong Group's Gross Margin % too high?
Sheng Siong Group's current Gross Margin % of 31.84% is 14% above median its 10-year median of 28.05. Over the past 10 years, this metric has ranged from a low of 25.69 to a high of 31.82. The Retail - Defensive industry median Gross Margin % is 24.17. Sheng Siong Group's value of 31.84% is 31.7% above this industry median. Based on the distribution chart, Sheng Siong Group ranks #83 out of 304 companies in the Retail - Defensive industry, which is above the industry midpoint. Overall, Sheng Siong Group has a GF Score™ of 82/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Sheng Siong Group's Gross Margin % compare to KR and SFM?
According to the Retail - Defensive industry distribution chart, Sheng Siong Group ranks #83 out of 304 companies for Gross Margin %. This puts Sheng Siong Group in the upper half of its industry. The industry median Gross Margin % is 24.17. Sheng Siong Group's value of 31.84% is 31.7% above this benchmark. Historically, Sheng Siong Group's own Gross Margin % has ranged from 25.69 to 31.82 over the past decade. While the company's 10-year median is 28.05 vs. the industry median of 24.17, Sheng Siong Group 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 Retail - Defensive company?
The median Gross Margin % among Retail - Defensive companies is 24.17, based on 304 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. Sheng Siong Group's current Gross Margin % of 31.84% is 31.7% 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 Sheng Siong Group and its competitors. For the Retail - Defensive industry, the median Gross Margin % is 24.17 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sheng Siong Group's current Gross Margin % is 31.84%, which is 14% above median its own 10-year median of 28.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sheng Siong Group stock overvalued right now?
Based on GuruFocus' analysis, Sheng Siong Group (SGX:OV8) is currently considered Significantly Overvalued. The stock's GF Value™ is S$1.97, compared to a current price of S$3.34 — trading 69.5% above its estimated fair value. The current Gross Margin % is 31.84%, which is 14% above median its 10-year median of 28.05 and 31.7% above the Retail - Defensive industry median of 24.17. Sheng Siong Group's overall GF Score™ is 82/100 with 5 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 Sheng Siong Group (SGX:OV8), the current Gross Margin % is 31.84% 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 Sheng Siong Group (SGX:OV8) Overvalued in 2026?
Based on GuruFocus' analysis, Sheng Siong Group stock appears to be overvalued.
The current stock price of S$3.34 is trading 69.5% above its estimated GF Value™ of S$1.97.
GuruFocus considers Sheng Siong Group to be Significantly Overvalued.
Key valuation signals for SGX:OV8:
Gross Margin %: 31.84% (14% above median its 10-year median of 28.05)
GF Value™: S$1.97 vs. price of S$3.34 (69.5% above fair value)
Industry Position: 31.7% above the Retail - Defensive median (#83 of 304)
No single metric tells the full story. See the SGX:OV8 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Sheng Siong Group Ltd is a Singapore-based company that is principally engaged in the retail business. The company operates through the Sheng Siong Groceries chain, with stores located across Singapore. The company offers "wet and dry" merchandise, including fresh and chilled goods (such as seafood, meat, and vegetables), processed, frozen, and preserved food products, and general merchandise (like toiletries and essential household products). The company has its own distribution network, food-processing facilities, and warehousing facilities. The Group operates in one segment, which relates to the provision of supermarket supplies and supermarket operations. The Groups operations are mainly located in Singapore.
82GF Score
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