MMAG Holdings Bhd (XKLS:0034) Gross Margin %: -5.38% (As of Mar. 2026)


What is MMAG Holdings Bhd Gross Margin %?

MMAG Holdings Bhd XKLS:0034 -16.67% Gross Margin % is -5.38% as of Mar. 2026. The stock has 2 warning signs investors should review. Among 2,680 Software companies, MMAG Holdings Bhd ranks worse than 93.92% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. MMAG Holdings Bhd's Gross Profit for the three months ended in Mar. 2026 was RM-8.9 Mil. MMAG Holdings Bhd's Revenue for the three months ended in Mar. 2026 was RM166.0 Mil. Therefore, MMAG Holdings Bhd's Gross Margin % for the quarter that ended in Mar. 2026 was -5.38%.


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

XKLS:0034' s Gross Margin % Range Over the Past 10 Years
Min: -3.74   Med: 0.11   Max: 9.29
Current: 6.51


During the past 13 years, the highest Gross Margin % of MMAG Holdings Bhd was 9.29%. The lowest was -3.74%. And the median was 0.11%.

XKLS:0034's Gross Margin % is ranked worse than
93.92% of 2680 companies
in the Software industry
Industry Median: 40.45 vs XKLS:0034: 6.51

MMAG Holdings Bhd had a gross margin of -5.38% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for MMAG Holdings Bhd was 0.00% per year.


MMAG Holdings Bhd  (XKLS:0034) 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

MMAG Holdings Bhd had a gross margin of -5.38% 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.


MMAG Holdings Bhd Gross Margin % Related Terms


MMAG Holdings Bhd Gross Margin % Historical Data

* Premium members only.

The historical data trend for MMAG Holdings Bhd'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.

MMAG Holdings Bhd Gross Margin % Chart

MMAG Holdings Bhd Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Sep25
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.14 -0.08 -3.10 -1.32 9.29

MMAG Holdings Bhd Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 10.39 12.90 8.55 7.13 -5.38

XKLS:0034 vs UBER, SHOP, CRM: Gross Margin % Comparison

For the Software - Application subindustry, MMAG Holdings Bhd'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.


MMAG Holdings Bhd Gross Margin % vs Software Industry

For the Software industry and Technology sector, MMAG Holdings Bhd's Gross Margin % distribution charts can be found below:

* The bar in red indicates where MMAG Holdings Bhd's Gross Margin % falls into.



MMAG Holdings Bhd Gross Margin % Calculation

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

MMAG Holdings Bhd's Gross Margin for the fiscal year that ended in Sep. 2025 is calculated as

Gross Margin % (A: Sep. 2025 )=Gross Profit (A: Sep. 2025 ) / Revenue (A: Sep. 2025 )
=87.3 / 939.82
=(Revenue - Cost of Goods Sold) / Revenue
=(939.82 - 852.548) / 939.82
=9.29 %

MMAG Holdings Bhd's Gross Margin for the quarter that ended in Mar. 2026 is calculated as


Gross Margin % (Q: Mar. 2026 )=Gross Profit (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=-8.9 / 166.008
=(Revenue - Cost of Goods Sold) / Revenue
=(166.008 - 174.946) / 166.008
=-5.38 %

* 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 -5.38% mean?
MMAG Holdings Bhd (XKLS:0034) has a Gross Margin % of -5.38% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on MMAG Holdings Bhd and its competitors. According to the industry distribution chart, MMAG Holdings Bhd ranks #2517 out of 2680 companies in the Software industry, placing it in the top 93.9%.
Is MMAG Holdings Bhd's Gross Margin % too high?
MMAG Holdings Bhd's current Gross Margin % is -5.38%. Based on the distribution chart, MMAG Holdings Bhd ranks #2517 out of 2680 companies in the Software industry, which is in the bottom quartile relative to peers.
How does MMAG Holdings Bhd's Gross Margin % compare to UBER and SHOP?
According to the Software industry distribution chart, MMAG Holdings Bhd ranks #2517 out of 2680 companies for Gross Margin %. This places MMAG Holdings Bhd in the lower half of its industry. The industry median Gross Margin % is 40.45. 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 Software company?
The median Gross Margin % among Software companies is 40.45, based on 2,680 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. 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 MMAG Holdings Bhd and its competitors. For the Software industry, the median Gross Margin % is 40.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MMAG Holdings Bhd's current Gross Margin % is -5.38%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MMAG Holdings Bhd stock overvalued right now?
Based on GuruFocus' analysis, MMAG Holdings Bhd (XKLS:0034) is currently considered Possible Value Trap. The stock's GF Value™ is RM0.06, compared to a current price of RM0.03 — trading 58.3% below its estimated fair value. The current Gross Margin % is -5.38%. 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 MMAG Holdings Bhd (XKLS:0034), the current Gross Margin % is -5.38% 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.

MMAG Holdings Bhd Business Description

Address No. 3, Jalan TP2, Taman Perindustrian UEP, Subang Jaya, SGR, MYS, 47600
MMAG Holdings Bhd is a Malaysia-based company engaged in investment holding. The company's operating segment includes Mobile and fulfillment; Courier and Logistic Services, Air freight and Others. It generates maximum revenue from the Mobile and fulfilments segment. The mobile and fulfilments segment includes distribution of smart devices, mobile operator's strategic 3PL and 4PL partners, fulfillment system and fulfilments marketplace providers and mobile retail stores. The Logistic services segment provides courier and delivery services. Air freight segment includes Provision of air cargo services. Geographically, it derives a majority of revenue from Malaysia and also has a presence in Singapore.