AppAsia BhdXKLS:0119 +4.35%41 Gross Margin % is 62.59% as of Mar. 2026, which is 484% above its 10-year median of 10.72. GuruFocus rates XKLS:0119 with a GF Score™ of 41/100 and a GF Value™ of RM0.10 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 2,678 Software companies, AppAsia Bhd ranks better than 56.76% on this metric.
Gross Margin % is calculated as gross profit divided by its revenue. AppAsia Bhd's Gross Profit for the
three
months ended in Mar. 2026 was RM3.91 Mil. AppAsia Bhd's Revenue for the
three
months ended in Mar. 2026 was RM6.25 Mil. Therefore, AppAsia Bhd's Gross Margin % for the quarter that ended in Mar. 2026 was 62.59%.
The historical rank and industry rank for AppAsia Bhd's Gross Margin % or its related term are showing as below:
XKLS:0119'
s Gross Margin % Range Over the Past 10 Years
Min: 2.82 Med: 10.72 Max: 75.92
Current: 46.04
During the past 13 years, the highestGross Margin % of AppAsia Bhd was 75.92%. The lowest was 2.82%. And the median was 10.72%.
XKLS:0119's Gross Margin % is ranked better than 56.76% of 2678
companies
in the Software industry
Industry Median: 40.455
vs XKLS:0119: 46.04
AppAsia Bhd had a gross margin of 62.59% for the quarter that ended in Mar. 2026 => Durable competitive advantage
The 5-Year average Growth Rate of Gross Margin for AppAsia Bhd was 50.80% per year.
AppAsia Bhd (XKLS:0119) 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
AppAsia Bhd had a gross margin of 62.59% for the quarter that ended in Mar. 2026 => Durable 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.
AppAsia Bhd Gross Margin % Related Terms
AppAsia Bhd Gross Margin % Historical Data
* Premium members only.
The historical data trend for AppAsia 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.
XKLS:0119 vs UBER, SHOP, CRM: Gross Margin % Comparison
For the Software - Application subindustry, AppAsia 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.
AppAsia Bhd Gross Margin % vs Software Industry
For the Software industry and Technology sector, AppAsia Bhd's Gross Margin % distribution charts can be found below:
* The bar in red indicates where AppAsia Bhd'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.
AppAsia Bhd (XKLS:0119) has a Gross Margin % of 62.59% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on AppAsia Bhd and its competitors. This is 484% above median its historical median of 10.72. Over the past decade, AppAsia Bhd's Gross Margin % has ranged from 2.82 to 75.92. According to the industry distribution chart, AppAsia Bhd ranks #1158 out of 2678 companies in the Software industry, placing it in the top 43.2%.
Is AppAsia Bhd's Gross Margin % too high?
AppAsia Bhd's current Gross Margin % of 62.59% is 484% above median its 10-year median of 10.72. Over the past 10 years, this metric has ranged from a low of 2.82 to a high of 75.92. The Software industry median Gross Margin % is 40.46. AppAsia Bhd's value of 62.59% is 54.7% above this industry median. Based on the distribution chart, AppAsia Bhd ranks #1158 out of 2678 companies in the Software industry, which is above the industry midpoint. Overall, AppAsia Bhd has a GF Score™ of 41/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does AppAsia Bhd's Gross Margin % compare to UBER and SHOP?
According to the Software industry distribution chart, AppAsia Bhd ranks #1158 out of 2678 companies for Gross Margin %. This puts AppAsia Bhd in the upper half of its industry. The industry median Gross Margin % is 40.46. AppAsia Bhd's value of 62.59% is 54.7% above this benchmark. Historically, AppAsia Bhd's own Gross Margin % has ranged from 2.82 to 75.92 over the past decade. While the company's 10-year median is 10.72 vs. the industry median of 40.46, AppAsia Bhd has consistently been above 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 Software company?
The median Gross Margin % among Software companies is 40.46, based on 2,678 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. AppAsia Bhd's current Gross Margin % of 62.59% is 54.7% above 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 AppAsia Bhd and its competitors. For the Software industry, the median Gross Margin % is 40.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AppAsia Bhd's current Gross Margin % is 62.59%, which is 484% above median its own 10-year median of 10.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AppAsia Bhd stock overvalued right now?
Based on GuruFocus' analysis, AppAsia Bhd (XKLS:0119) is currently considered Modestly Overvalued. The stock's GF Value™ is RM0.10, compared to a current price of RM0.12 — trading 20% above its estimated fair value. The current Gross Margin % is 62.59%, which is 484% above median its 10-year median of 10.72 and 54.7% above the Software industry median of 40.46. AppAsia Bhd's overall GF Score™ is 41/100 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 AppAsia Bhd (XKLS:0119), the current Gross Margin % is 62.59% 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 AppAsia Bhd (XKLS:0119) Overvalued in 2026?
Based on GuruFocus' analysis, AppAsia Bhd stock appears to be overvalued.
The current stock price of RM0.12 is trading 20% above its estimated GF Value™ of RM0.10.
GuruFocus considers AppAsia Bhd to be Modestly Overvalued.
Key valuation signals for XKLS:0119:
Gross Margin %: 62.59% (484% above median its 10-year median of 10.72)
GF Value™: RM0.10 vs. price of RM0.12 (20% above fair value)
Industry Position: 54.7% above the Software median (#1158 of 2678)
No single metric tells the full story. See the XKLS:0119 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
AppAsia Bhd is a digital platform provider specialising in blockchain technologies, advanced mobile applications, and digital content. The company operates in the segments of Financial Services Business, E-Commerce Business, Digital solutions Business, and Investment Holding and Other Businesses. Investment holding includes investment management and provision of management services and other complimentary services; E-Commerce Business segment engages in the provision of online marketplace for e-commerce activities; Digital solutions business engages in the provision of digital platform related solutions and services; and Financial services segment provides financial assistance. Geographically, the group operates in Malaysia and United States, of which key revenue is derived from Malaysia.
41GF Score
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