SMTrack Bhd (XKLS:0169) Gross Margin %: 70.36% (As of Dec. 2024)


What is SMTrack Bhd Gross Margin %?

SMTrack Bhd XKLS:0169 Gross Margin % is 70.36% as of Dec. 2024.

Gross Margin % is calculated as gross profit divided by its revenue. SMTrack Bhd's Gross Profit for the three months ended in Dec. 2024 was RM1.48 Mil. SMTrack Bhd's Revenue for the three months ended in Dec. 2024 was RM2.10 Mil. Therefore, SMTrack Bhd's Gross Margin % for the quarter that ended in Dec. 2024 was 70.36%.


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


XKLS:0169's Gross Margin % is not ranked *
in the Software industry.
Industry Median: 40.41
* Ranked among companies with meaningful Gross Margin % only.

SMTrack Bhd had a gross margin of 70.36% for the quarter that ended in Dec. 2024 => Durable competitive advantage

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


SMTrack Bhd  (XKLS:0169) 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

SMTrack Bhd had a gross margin of 70.36% for the quarter that ended in Dec. 2024 => 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.


SMTrack Bhd Gross Margin % Related Terms


SMTrack Bhd Gross Margin % Historical Data

* Premium members only.

The historical data trend for SMTrack 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.

SMTrack Bhd Gross Margin % Chart

SMTrack Bhd Annual Data
Trend Sep10 Sep11 Sep12 Sep13 Mar15 Jul17 Jul18 Jul19
Gross Margin %
Get a 7-Day Free Trial -180.31 0.00 23.99 92.52 99.65

SMTrack Bhd Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Oct21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 Dec23 Mar24 Sep24 Dec24
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 75.47 80.34 71.84 71.58 70.36

XKLS:0169 vs IBM, ACN, CTSH: Gross Margin % Comparison

For the Information Technology Services subindustry, SMTrack 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.


SMTrack Bhd Gross Margin % vs Software Industry

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

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



SMTrack Bhd Gross Margin % Calculation

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

SMTrack Bhd's Gross Margin for the fiscal year that ended in Jul. 2019 is calculated as

Gross Margin % (A: Jul. 2019 )=Gross Profit (A: Jul. 2019 ) / Revenue (A: Jul. 2019 )
=1.7 / 1.698
=(Revenue - Cost of Goods Sold) / Revenue
=(1.698 - 0.006) / 1.698
=99.65 %

SMTrack Bhd's Gross Margin for the quarter that ended in Dec. 2024 is calculated as


Gross Margin % (Q: Dec. 2024 )=Gross Profit (Q: Dec. 2024 ) / Revenue (Q: Dec. 2024 )
=1.5 / 2.102
=(Revenue - Cost of Goods Sold) / Revenue
=(2.102 - 0.623) / 2.102
=70.36 %

* 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 70.36% mean?
SMTrack Bhd (XKLS:0169) has a Gross Margin % of 70.36% as of Dec. 2024. Gross margin is the ratio of total gross profit to net sales. View historical data on SMTrack Bhd and its competitors.
Is SMTrack Bhd's Gross Margin % too high?
SMTrack Bhd's current Gross Margin % is 70.36%. The Software industry median Gross Margin % is 40.41. SMTrack Bhd's value of 70.36% is 74.1% above this industry median.
How does SMTrack Bhd's Gross Margin % compare to IBM and ACN?
SMTrack Bhd's Gross Margin % of 70.36% can be compared against companies in the Software industry. The industry median Gross Margin % is 40.41. SMTrack Bhd's value of 70.36% is 74.1% above this benchmark. 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 40.41, based on 2,681 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. SMTrack Bhd's current Gross Margin % of 70.36% is 74.1% 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 SMTrack Bhd and its competitors. For the Software industry, the median Gross Margin % is 40.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SMTrack Bhd's current Gross Margin % is 70.36%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SMTrack Bhd stock overvalued right now?
SMTrack Bhd (XKLS:0169) has a current Gross Margin % of 70.36%. The current Gross Margin % is 70.36% and 74.1% above the Software industry median of 40.41. 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 SMTrack Bhd (XKLS:0169), the current Gross Margin % is 70.36% as of Dec. 2024. 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.

SMTrack Bhd Business Description

Address Unit 29-7, The Bouvelard, Mid Valley City, 7th Floor, Lingkaran Syed Putra, Wilayah Persekutuan, Kuala Lumpur, SGR, MYS, 59200
SMTrack Bhd is engaged in a track and trace solutions provider that utilizes Radio Frequency Identification (RFID). It involves the design, deployment, and distribution of radiofrequency identity tags and other tagging solutions using information technology. It also offers the provision of training, maintenance, and consultancy services. The company is engaged in the Investment holding and others segment, the Delivery segment, and the Beauty and wellness segment. It derives the majority of its revenues from the Beauty and wellness segment.