Ever Glory United Holdings (SGX:ZKX) Gross Margin %: 18.65% (As of Dec. 2025) — 48% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

SGX:ZKX Ever Glory United Holdings Ltd SGX:ZKX
60 GF Score
Price S$0.80
GF Value S$0.52
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Ever Glory United Holdings Gross Margin %?

Ever Glory United Holdings SGX:ZKX -1.24% 60 Gross Margin % is 18.65% as of Dec. 2025, which is 48% above its 10-year median of 12.64. GuruFocus rates SGX:ZKX with a GF Score™ of 60/100 and a GF Value™ of S$0.52 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 1,725 Construction companies, Ever Glory United Holdings ranks worse than 54.96% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Ever Glory United Holdings's Gross Profit for the six months ended in Dec. 2025 was S$14.6 Mil. Ever Glory United Holdings's Revenue for the six months ended in Dec. 2025 was S$78.2 Mil. Therefore, Ever Glory United Holdings's Gross Margin % for the quarter that ended in Dec. 2025 was 18.65%.


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

SGX:ZKX' s Gross Margin % Range Over the Past 10 Years
Min: 4.29   Med: 12.64   Max: 23.07
Current: 18.66


During the past 6 years, the highest Gross Margin % of Ever Glory United Holdings was 23.07%. The lowest was 4.29%. And the median was 12.64%.

SGX:ZKX's Gross Margin % is ranked worse than
54.96% of 1725 companies
in the Construction industry
Industry Median: 20.7 vs SGX:ZKX: 18.66

Ever Glory United Holdings had a gross margin of 18.65% for the quarter that ended in Dec. 2025 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Ever Glory United Holdings was 31.50% per year.


Ever Glory United Holdings  (SGX:ZKX) 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

Ever Glory United Holdings had a gross margin of 18.65% 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.


Ever Glory United Holdings Gross Margin % Related Terms


Ever Glory United Holdings Gross Margin % Historical Data

* Premium members only.

The historical data trend for Ever Glory United Holdings'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.

Ever Glory United Holdings Gross Margin % Chart

Ever Glory United Holdings Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Gross Margin %
Get a 7-Day Free Trial 4.29 10.33 23.07 14.95 20.05

Ever Glory United Holdings Semi-Annual Data
Dec20 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.94 20.90 10.45 18.68 18.65

SGX:ZKX vs PWR, FIX, EME: Gross Margin % Comparison

For the Engineering & Construction subindustry, Ever Glory United Holdings'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.


Ever Glory United Holdings Gross Margin % vs Construction Industry

For the Construction industry and Industrials sector, Ever Glory United Holdings's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Ever Glory United Holdings's Gross Margin % falls into.


SGX:ZKX
60GF Score
Ever Glory United Holdings Ltd SGX:ZKX
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ever Glory United Holdings Gross Margin % Calculation

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

Ever Glory United Holdings'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 )
=23.3 / 116.432
=(Revenue - Cost of Goods Sold) / Revenue
=(116.432 - 93.086) / 116.432
=20.05 %

Ever Glory United Holdings'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 )
=14.6 / 78.183
=(Revenue - Cost of Goods Sold) / Revenue
=(78.183 - 63.598) / 78.183
=18.65 %

* 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 18.65% mean?
Ever Glory United Holdings (SGX:ZKX) has a Gross Margin % of 18.65% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Ever Glory United Holdings and its competitors. This is 48% above median its historical median of 12.64. Over the past decade, Ever Glory United Holdings' Gross Margin % has ranged from 4.29 to 23.07. According to the industry distribution chart, Ever Glory United Holdings ranks #948 out of 1725 companies in the Construction industry, placing it in the top 55%.
Is Ever Glory United Holdings' Gross Margin % too high?
Ever Glory United Holdings' current Gross Margin % of 18.65% is 48% above median its 10-year median of 12.64. Over the past 10 years, this metric has ranged from a low of 4.29 to a high of 23.07. The Construction industry median Gross Margin % is 20.70. Ever Glory United Holdings' value of 18.65% is 9.9% below this industry median. Based on the distribution chart, Ever Glory United Holdings ranks #948 out of 1725 companies in the Construction industry, which is below the industry midpoint. Overall, Ever Glory United Holdings has a GF Score™ of 60/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ever Glory United Holdings' Gross Margin % compare to PWR and FIX?
According to the Construction industry distribution chart, Ever Glory United Holdings ranks #948 out of 1725 companies for Gross Margin %. This places Ever Glory United Holdings in the lower half of its industry. The industry median Gross Margin % is 20.70. Ever Glory United Holdings' value of 18.65% is 9.9% below this benchmark. Historically, Ever Glory United Holdings' own Gross Margin % has ranged from 4.29 to 23.07 over the past decade. While the company's 10-year median is 12.64 vs. the industry median of 20.70, Ever Glory United Holdings 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 Construction company?
The median Gross Margin % among Construction companies is 20.70, based on 1,725 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. Ever Glory United Holdings's current Gross Margin % of 18.65% is 9.9% 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 Ever Glory United Holdings and its competitors. For the Construction industry, the median Gross Margin % is 20.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ever Glory United Holdings's current Gross Margin % is 18.65%, which is 48% above median its own 10-year median of 12.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ever Glory United Holdings stock overvalued right now?
Based on GuruFocus' analysis, Ever Glory United Holdings (SGX:ZKX) is currently considered Significantly Overvalued. The stock's GF Value™ is S$0.52, compared to a current price of S$0.80 — trading 52.9% above its estimated fair value. The current Gross Margin % is 18.65%, which is 48% above median its 10-year median of 12.64 and 9.9% below the Construction industry median of 20.70. Ever Glory United Holdings' overall GF Score™ is 60/100 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 Ever Glory United Holdings (SGX:ZKX), the current Gross Margin % is 18.65% 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 Ever Glory United Holdings (SGX:ZKX) Overvalued in 2026?

Based on GuruFocus' analysis, Ever Glory United Holdings stock appears to be overvalued. The current stock price of S$0.80 is trading 52.9% above its estimated GF Value™ of S$0.52. GuruFocus considers Ever Glory United Holdings to be Significantly Overvalued.

Key valuation signals for SGX:ZKX:

  • Gross Margin %: 18.65% (48% above median its 10-year median of 12.64)
  • GF Value™: S$0.52 vs. price of S$0.80 (52.9% above fair value)
  • GF Score™: 60/100 with 4 warning signs
  • Industry Position: 9.9% below the Construction median (#948 of 1725)

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


Ever Glory United Holdings Business Description

Address 3 Little Road, No. 03-01, CRF Building, Singapore, SGP, 536982
Ever Glory United Holdings Ltd is a Singapore-based investment holding company. Along with its subsidiaries, it mainly provides M&E engineering services, which include the supply and installation of air-conditioning and mechanical ventilation (ACMV) systems, electrical engineering systems, fire alarms and fire protection (FP) systems and plumbing, sanitary and gas (PSG) systems, the provision of integrated building services (IBS) etc. These services are offered in private and public sector projects. The Group is organised into two business segments as follows: M&E engineering services encompassing construction contracts, maintenance, and car park services; and the Property development segment relating to the development of properties. Geographically, it mainly operates in Singapore.
60GF Score

Get the complete analysis for SGX:ZKX

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

S$0.80
Price
S$0.52
GF Value