KTMG (SGX:XCF) Gross Margin %: 2.23% (As of Dec. 2025) — 84% Below Median

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What is KTMG Gross Margin %?

KTMG SGX:XCF Gross Margin % is 2.23% as of Dec. 2025, which is 84% below its 10-year median of 13.89. The stock has 6 warning signs investors should review. Among 1,024 Manufacturing - Apparel & Accessories companies, KTMG ranks worse than 87.3% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. KTMG's Gross Profit for the six months ended in Dec. 2025 was S$0.63 Mil. KTMG's Revenue for the six months ended in Dec. 2025 was S$28.02 Mil. Therefore, KTMG's Gross Margin % for the quarter that ended in Dec. 2025 was 2.23%.

Warning Sign:

KTMG Ltd gross margin has been in long-term decline. The average rate of decline per year is -17.3%.


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

SGX:XCF' s Gross Margin % Range Over the Past 10 Years
Min: 7.13   Med: 13.89   Max: 18.54
Current: 8.14


During the past 13 years, the highest Gross Margin % of KTMG was 18.54%. The lowest was 7.13%. And the median was 13.89%.

SGX:XCF's Gross Margin % is ranked worse than
87.3% of 1024 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 28.435 vs SGX:XCF: 8.14

KTMG had a gross margin of 2.23% for the quarter that ended in Dec. 2025 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for KTMG was -17.30% per year.


KTMG  (SGX:XCF) 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

KTMG had a gross margin of 2.23% 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.


KTMG Gross Margin % Related Terms


KTMG Gross Margin % Historical Data

* Premium members only.

The historical data trend for KTMG'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.

KTMG Gross Margin % Chart

KTMG Annual Data
Trend Mar16 Mar17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.89 15.16 9.13 7.13 8.10

KTMG Semi-Annual Data
Mar16 Sep16 Mar17 Sep17 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 7.17 11.63 4.27 13.59 2.23

SGX:XCF vs RL, LEVI, VFC: Gross Margin % Comparison

For the Apparel Manufacturing subindustry, KTMG'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.


KTMG Gross Margin % vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, KTMG's Gross Margin % distribution charts can be found below:

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



KTMG Gross Margin % Calculation

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

KTMG'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 )
=4.7 / 58.404
=(Revenue - Cost of Goods Sold) / Revenue
=(58.404 - 53.672) / 58.404
=8.10 %

KTMG'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 )
=0.6 / 28.021
=(Revenue - Cost of Goods Sold) / Revenue
=(28.021 - 27.395) / 28.021
=2.23 %

* 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 2.23% mean?
KTMG (SGX:XCF) has a Gross Margin % of 2.23% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on KTMG and its competitors. This is 84% below median its historical median of 13.89. Over the past decade, KTMG's Gross Margin % has ranged from 7.13 to 18.54. According to the industry distribution chart, KTMG ranks #894 out of 1024 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 87.3%.
Is KTMG's Gross Margin % too high?
KTMG's current Gross Margin % of 2.23% is 84% below median its 10-year median of 13.89. Over the past 10 years, this metric has ranged from a low of 7.13 to a high of 18.54. The Manufacturing - Apparel & Accessories industry median Gross Margin % is 28.44. KTMG's value of 2.23% is 92.2% below this industry median. Based on the distribution chart, KTMG ranks #894 out of 1024 companies in the Manufacturing - Apparel & Accessories industry, which is in the bottom quartile relative to peers.
How does KTMG's Gross Margin % compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, KTMG ranks #894 out of 1024 companies for Gross Margin %. This places KTMG in the lower half of its industry. The industry median Gross Margin % is 28.44. KTMG's value of 2.23% is 92.2% below this benchmark. Historically, KTMG's own Gross Margin % has ranged from 7.13 to 18.54 over the past decade. While the company's 10-year median is 13.89 vs. the industry median of 28.44, KTMG 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 Manufacturing - Apparel & Accessories company?
The median Gross Margin % among Manufacturing - Apparel & Accessories companies is 28.44, based on 1,024 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. KTMG's current Gross Margin % of 2.23% is 92.2% 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 KTMG and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Gross Margin % is 28.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. KTMG's current Gross Margin % is 2.23%, which is 84% below median its own 10-year median of 13.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is KTMG stock overvalued right now?
Based on GuruFocus' analysis, KTMG (SGX:XCF) is currently considered Modestly Undervalued. The stock's GF Value™ is S$0.05, compared to a current price of S$0.04 — trading 24% below its estimated fair value. The current Gross Margin % is 2.23%, which is 84% below median its 10-year median of 13.89 and 92.2% below the Manufacturing - Apparel & Accessories industry median of 28.44. 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 KTMG (SGX:XCF), the current Gross Margin % is 2.23% 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.

KTMG Business Description

Address No. 3A, Jalan Wawasan 16, Kawasan Perindustrian Sri Gading, Batu Pahat, JHR, MYS, 83300
KTMG Ltd is an integrated textile and apparel manufacturer engaged in the manufacturing and trading of apparel products. Operates as a contract manufacturer, specialising in athleisure wear, casual wear, loungewear, and pyjamas for various age groups, with production facilities located in Malaysia and Cambodia. It serves retailers across the United Kingdom, the United States, the European Union, and Canada, and has expanded upstream into textile production through its knitting, dyeing, and finishing facility in Johor, Malaysia. Its single segment is the Apparel business segment, which comprises revenue from the manufacture and sale of apparel products shipped to markets including the United States and other countries, with the United States contributing the majority of revenue.