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Serial SystemSGX:S69 +4.11% Gross Margin % is 7.23% as of Dec. 2025, which is 4% below its 10-year median of 7.57. The stock has 5 warning signs investors should review. Among 2,455 Hardware companies, Serial System ranks worse than 89.08% on this metric.
The historical rank and industry rank for Serial System's Gross Margin % or its related term are showing as below:
SGX:S69'
s Gross Margin % Range Over the Past 10 Years
Min: 6.28 Med: 7.57 Max: 8.15
Current: 7.72
During the past 13 years, the highestGross Margin % of Serial System was 8.15%. The lowest was 6.28%. And the median was 7.57%.
SGX:S69's Gross Margin % is ranked worse than 89.08% of 2455
companies
in the Hardware industry
Industry Median: 24.52
vs SGX:S69: 7.72
Serial System had a gross margin of 7.23% for the quarter that ended in Dec. 2025 => No sustainable competitive advantage
The 5-Year average Growth Rate of Gross Margin for Serial System was 2.00% per year.
Serial System (SGX:S69) 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
Serial System had a gross margin of 7.23% 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.
Serial System Gross Margin % Related Terms
Serial System Gross Margin % Historical Data
* Premium members only.
The historical data trend for Serial System'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:S69 vs SNX, ARW, AVT: Gross Margin % Comparison
For the Electronics & Computer Distribution subindustry, Serial System'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.
Serial System Gross Margin % vs Hardware Industry
For the Hardware industry and Technology sector, Serial System's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Serial System'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.
Serial System (SGX:S69) has a Gross Margin % of 7.23% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Serial System and its competitors. This is near median its historical median of 7.57. Over the past decade, Serial System's Gross Margin % has ranged from 6.28 to 8.15. According to the industry distribution chart, Serial System ranks #2187 out of 2455 companies in the Hardware industry, placing it in the top 89.1%.
Is Serial System's Gross Margin % too high?
Serial System's current Gross Margin % of 7.23% is near median its 10-year median of 7.57. Over the past 10 years, this metric has ranged from a low of 6.28 to a high of 8.15. The Hardware industry median Gross Margin % is 24.52. Serial System's value of 7.23% is 70.5% below this industry median. Based on the distribution chart, Serial System ranks #2187 out of 2455 companies in the Hardware industry, which is in the bottom quartile relative to peers.
How does Serial System's Gross Margin % compare to SNX and ARW?
According to the Hardware industry distribution chart, Serial System ranks #2187 out of 2455 companies for Gross Margin %. This places Serial System in the lower half of its industry. The industry median Gross Margin % is 24.52. Serial System's value of 7.23% is 70.5% below this benchmark. Historically, Serial System's own Gross Margin % has ranged from 6.28 to 8.15 over the past decade. While the company's 10-year median is 7.57 vs. the industry median of 24.52, Serial System has consistently been below 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 Hardware company?
The median Gross Margin % among Hardware companies is 24.52, based on 2,455 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. Serial System's current Gross Margin % of 7.23% is 70.5% below 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 Serial System and its competitors. For the Hardware industry, the median Gross Margin % is 24.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Serial System's current Gross Margin % is 7.23%, which is near median its own 10-year median of 7.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Serial System stock overvalued right now?
Based on GuruFocus' analysis, Serial System (SGX:S69) is currently considered Modestly Overvalued. The stock's GF Value™ is S$0.06, compared to a current price of S$0.08 — trading 26.7% above its estimated fair value. The current Gross Margin % is 7.23%, which is near median its 10-year median of 7.57 and 70.5% below the Hardware industry median of 24.52. 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 Serial System (SGX:S69), the current Gross Margin % is 7.23% 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.
Serial System Ltd is an investment holding company that provides management services to its subsidiaries. The company is involved in the distribution of electronic and electrical components, and trading and distribution of fast-moving consumer goods, and other products. The business operates through segments that are Electronic Components Distribution, Consumer Products Distribution, and Other Businesses. The company derives maximum revenue from Electronic components distribution.
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