Tat Seng Packaging Group (SGX:T12) Gross Margin %: 21.27% (As of Dec. 2025) — Near Median

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SGX:T12 Tat Seng Packaging Group Ltd SGX:T12
49 GF Score
Price S$1.00
GF Value S$0.64
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is Tat Seng Packaging Group Gross Margin %?

Tat Seng Packaging Group SGX:T12 -1.49% 49 Gross Margin % is 21.27% as of Dec. 2025, which is 3% above its 10-year median of 20.60. GuruFocus rates SGX:T12 with a GF Score™ of 49/100 and a GF Value™ of S$0.64 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 389 Packaging & Containers companies, Tat Seng Packaging Group ranks worse than 51.93% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Tat Seng Packaging Group's Gross Profit for the six months ended in Dec. 2025 was S$25.6 Mil. Tat Seng Packaging Group's Revenue for the six months ended in Dec. 2025 was S$120.3 Mil. Therefore, Tat Seng Packaging Group's Gross Margin % for the quarter that ended in Dec. 2025 was 21.27%.


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

SGX:T12' s Gross Margin % Range Over the Past 10 Years
Min: 17.53   Med: 20.6   Max: 22.64
Current: 20.91


During the past 13 years, the highest Gross Margin % of Tat Seng Packaging Group was 22.64%. The lowest was 17.53%. And the median was 20.60%.

SGX:T12's Gross Margin % is ranked worse than
51.93% of 389 companies
in the Packaging & Containers industry
Industry Median: 21.53 vs SGX:T12: 20.91

Tat Seng Packaging Group had a gross margin of 21.27% for the quarter that ended in Dec. 2025 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Tat Seng Packaging Group was 1.90% per year.


Tat Seng Packaging Group  (SGX:T12) 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

Tat Seng Packaging Group had a gross margin of 21.27% for the quarter that ended in Dec. 2025 => 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.


Tat Seng Packaging Group Gross Margin % Related Terms


Tat Seng Packaging Group Gross Margin % Historical Data

* Premium members only.

The historical data trend for Tat Seng Packaging 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.

Tat Seng Packaging Group Gross Margin % Chart

Tat Seng Packaging Group 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 18.82 17.53 22.06 22.24 20.91

Tat Seng Packaging Group Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 24.27 22.12 22.36 20.53 21.27

SGX:T12 vs SW, PKG, IP: Gross Margin % Comparison

For the Packaging & Containers subindustry, Tat Seng Packaging 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.


Tat Seng Packaging Group Gross Margin % vs Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Tat Seng Packaging Group's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Tat Seng Packaging Group's Gross Margin % falls into.


SGX:T12
49GF Score
Tat Seng Packaging Group Ltd SGX:T12
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tat Seng Packaging Group Gross Margin % Calculation

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

Tat Seng Packaging Group'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 )
=48.4 / 231.406
=(Revenue - Cost of Goods Sold) / Revenue
=(231.406 - 183.011) / 231.406
=20.91 %

Tat Seng Packaging Group's Gross Margin for the quarter that ended in Dec. 2025 is calculated as


Gross Margin % (Q: Dec. 2025 )=Gross Profit (Q: Dec. 2025 ) / Revenue (Q: Dec. 2025 )
=25.6 / 120.307
=(Revenue - Cost of Goods Sold) / Revenue
=(120.307 - 94.721) / 120.307
=21.27 %

* 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 21.27% mean?
Tat Seng Packaging Group (SGX:T12) has a Gross Margin % of 21.27% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Tat Seng Packaging Group and its competitors. This is near median its historical median of 20.60. Over the past decade, Tat Seng Packaging Group's Gross Margin % has ranged from 17.53 to 22.64. According to the industry distribution chart, Tat Seng Packaging Group ranks #202 out of 389 companies in the Packaging & Containers industry, placing it in the top 51.9%.
Is Tat Seng Packaging Group's Gross Margin % too high?
Tat Seng Packaging Group's current Gross Margin % of 21.27% is near median its 10-year median of 20.60. Over the past 10 years, this metric has ranged from a low of 17.53 to a high of 22.64. The Packaging & Containers industry median Gross Margin % is 21.53. Tat Seng Packaging Group's value of 21.27% is 1.2% below this industry median. Based on the distribution chart, Tat Seng Packaging Group ranks #202 out of 389 companies in the Packaging & Containers industry, which is below the industry midpoint. Overall, Tat Seng Packaging Group has a GF Score™ of 49/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tat Seng Packaging Group's Gross Margin % compare to SW and PKG?
According to the Packaging & Containers industry distribution chart, Tat Seng Packaging Group ranks #202 out of 389 companies for Gross Margin %. This places Tat Seng Packaging Group in the lower half of its industry. The industry median Gross Margin % is 21.53. Tat Seng Packaging Group's value of 21.27% is 1.2% below this benchmark. Historically, Tat Seng Packaging Group's own Gross Margin % has ranged from 17.53 to 22.64 over the past decade. While the company's 10-year median is 20.60 vs. the industry median of 21.53, Tat Seng Packaging Group 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 Packaging & Containers company?
The median Gross Margin % among Packaging & Containers companies is 21.53, based on 389 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. Tat Seng Packaging Group's current Gross Margin % of 21.27% is 1.2% 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 Tat Seng Packaging Group and its competitors. For the Packaging & Containers industry, the median Gross Margin % is 21.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tat Seng Packaging Group's current Gross Margin % is 21.27%, which is near median its own 10-year median of 20.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tat Seng Packaging Group stock overvalued right now?
Based on GuruFocus' analysis, Tat Seng Packaging Group (SGX:T12) is currently considered Significantly Overvalued. The stock's GF Value™ is S$0.64, compared to a current price of S$1.00 — trading 55.5% above its estimated fair value. The current Gross Margin % is 21.27%, which is near median its 10-year median of 20.60 and 1.2% below the Packaging & Containers industry median of 21.53. Tat Seng Packaging Group's overall GF Score™ is 49/100 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 Tat Seng Packaging Group (SGX:T12), the current Gross Margin % is 21.27% 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 Tat Seng Packaging Group (SGX:T12) Overvalued in 2026?

Based on GuruFocus' analysis, Tat Seng Packaging Group stock appears to be overvalued. The current stock price of S$1.00 is trading 55.5% above its estimated GF Value™ of S$0.64. GuruFocus considers Tat Seng Packaging Group to be Significantly Overvalued.

Key valuation signals for SGX:T12:

  • Gross Margin %: 21.27% (near median its 10-year median of 20.60)
  • GF Value™: S$0.64 vs. price of S$1.00 (55.5% above fair value)
  • GF Score™: 49/100 with 3 warning signs
  • Industry Position: 1.2% below the Packaging & Containers median (#202 of 389)

No single metric tells the full story. See the SGX:T12 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tat Seng Packaging Group Business Description

Address 28 Senoko Drive, Singapore, SGP, 758214
Tat Seng Packaging Group Ltd is engaged in manufacturing and sales of corrugated paper products and other packaging products. The company designs, manufactures and sells corrugated paper packaging products for the packing of a diverse variety of items according to customers' specifications. Its key products include corrugated paper boards, corrugated paper cartons, die-cut boxes, assembly cartons and heavy duty corrugated paper products. It also carries and sells a range of other packaging related products. Its segments include Singapore and PRC with majority of the revenue deriving from PRC.
49GF Score

Get the complete analysis for SGX:T12

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

S$1.00
Price
S$0.64
GF Value