FPT Securities JSCSTC:FTS -1.29%74 Gross Margin % is 19.98% as of Mar. 2026, which is 45% below its 10-year median of 36.20. GuruFocus rates STC:FTS with a GF Score™ of 74/100 and a GF Value™ of ₫34,033.47 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 617 Capital Markets companies, FPT Securities JSC ranks worse than 62.72% on this metric.
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
FPT Securities JSC had a gross margin of 19.98% for the quarter that ended in Mar. 2026 => 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.
FPT Securities JSC Gross Margin % Related Terms
FPT Securities JSC Gross Margin % Historical Data
* Premium members only.
The historical data trend for FPT Securities JSC'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.
STC:FTS vs MS, GS, SCHW: Gross Margin % Comparison
For the Capital Markets subindustry, FPT Securities JSC'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.
FPT Securities JSC Gross Margin % vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, FPT Securities JSC's Gross Margin % distribution charts can be found below:
* The bar in red indicates where FPT Securities JSC'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.
FPT Securities JSC (STC:FTS) has a Gross Margin % of 19.98% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on FPT Securities JSC and its competitors. This is 45% below median its historical median of 36.20. Over the past decade, FPT Securities JSC's Gross Margin % has ranged from 23.66 to 54.38. According to the industry distribution chart, FPT Securities JSC ranks #387 out of 617 companies in the Capital Markets industry, placing it in the top 62.7%.
Is FPT Securities JSC's Gross Margin % too high?
FPT Securities JSC's current Gross Margin % of 19.98% is 45% below median its 10-year median of 36.20. Over the past 10 years, this metric has ranged from a low of 23.66 to a high of 54.38. The Capital Markets industry median Gross Margin % is 48.30. FPT Securities JSC's value of 19.98% is 58.6% below this industry median. Based on the distribution chart, FPT Securities JSC ranks #387 out of 617 companies in the Capital Markets industry, which is below the industry midpoint. Overall, FPT Securities JSC has a GF Score™ of 74/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does FPT Securities JSC's Gross Margin % compare to MS and GS?
According to the Capital Markets industry distribution chart, FPT Securities JSC ranks #387 out of 617 companies for Gross Margin %. This places FPT Securities JSC in the lower half of its industry. The industry median Gross Margin % is 48.30. FPT Securities JSC's value of 19.98% is 58.6% below this benchmark. Historically, FPT Securities JSC's own Gross Margin % has ranged from 23.66 to 54.38 over the past decade. While the company's 10-year median is 36.20 vs. the industry median of 48.30, FPT Securities JSC 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 Capital Markets company?
The median Gross Margin % among Capital Markets companies is 48.30, based on 617 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. FPT Securities JSC's current Gross Margin % of 19.98% is 58.6% 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 FPT Securities JSC and its competitors. For the Capital Markets industry, the median Gross Margin % is 48.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. FPT Securities JSC's current Gross Margin % is 19.98%, which is 45% below median its own 10-year median of 36.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is FPT Securities JSC stock overvalued right now?
Based on GuruFocus' analysis, FPT Securities JSC (STC:FTS) is currently considered Modestly Undervalued. The stock's GF Value™ is ₫34,033.47, compared to a current price of ₫26,750.00 — trading 21.4% below its estimated fair value. The current Gross Margin % is 19.98%, which is 45% below median its 10-year median of 36.20 and 58.6% below the Capital Markets industry median of 48.30. FPT Securities JSC's overall GF Score™ is 74/100 with 6 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 FPT Securities JSC (STC:FTS), the current Gross Margin % is 19.98% as of Mar. 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 FPT Securities JSC (STC:FTS) Overvalued in 2026?
Based on GuruFocus' analysis, FPT Securities JSC stock appears to be undervalued.
The current stock price of ₫26,750.00 is trading 21.4% below its estimated GF Value™ of ₫34,033.47.
GuruFocus considers FPT Securities JSC to be Modestly Undervalued.
Key valuation signals for STC:FTS:
Gross Margin %: 19.98% (45% below median its 10-year median of 36.20)
GF Value™: ₫34,033.47 vs. price of ₫26,750.00 (21.4% below fair value)
Industry Position: 58.6% below the Capital Markets median (#387 of 617)
No single metric tells the full story. See the STC:FTS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
FPT Securities JSC is a financial service company. The company is engaged in providing securities brokerage, securities trading, securities investment advisory, securities custody, and underwriting. It offers its services to domestic and foreign investors and enterprises.
74GF Score
Get the complete analysis for STC:FTS
Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
STC:FTS has been successfully added to your 
