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MN Holdings BhdXKLS:0245 -0.68%79 Gross Margin % is 22.76% as of Mar. 2026, which is 4% above its 10-year median of 21.90. GuruFocus rates XKLS:0245 with a GF Score™ of 79/100 and a GF Value™ of RM2.17 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 1,725 Construction companies, MN Holdings Bhd ranks worse than 51.01% on this metric.
MN Holdings Bhd gross margin has been in long-term decline. The average rate of decline per year is -3.3%.
The historical rank and industry rank for MN Holdings Bhd's Gross Margin % or its related term are showing as below:
XKLS:0245'
s Gross Margin % Range Over the Past 10 Years
Min: 20.21 Med: 21.9 Max: 30.21
Current: 20.21
During the past 8 years, the highestGross Margin % of MN Holdings Bhd was 30.21%. The lowest was 20.21%. And the median was 21.90%.
XKLS:0245's Gross Margin % is ranked worse than 51.01% of 1725
companies
in the Construction industry
Industry Median: 20.7
vs XKLS:0245: 20.21
MN Holdings Bhd had a gross margin of 22.76% for the quarter that ended in Mar. 2026 => Competition eroding margins
The 5-Year average Growth Rate of Gross Margin for MN Holdings Bhd was -3.30% per year.
MN Holdings Bhd (XKLS:0245) 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
MN Holdings Bhd had a gross margin of 22.76% for the quarter that ended in Mar. 2026 => Competition eroding margins
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.
MN Holdings Bhd Gross Margin % Related Terms
MN Holdings Bhd Gross Margin % Historical Data
* Premium members only.
The historical data trend for MN 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.
XKLS:0245 vs PWR, FIX, EME: Gross Margin % Comparison
For the Engineering & Construction subindustry, MN 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.
MN Holdings Bhd Gross Margin % vs Construction Industry
For the Construction industry and Industrials sector, MN Holdings Bhd's Gross Margin % distribution charts can be found below:
* The bar in red indicates where MN Holdings 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.
MN Holdings Bhd (XKLS:0245) has a Gross Margin % of 22.76% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on MN Holdings Bhd and its competitors. This is near median its historical median of 21.90. Over the past decade, MN Holdings Bhd's Gross Margin % has ranged from 20.21 to 30.21. According to the industry distribution chart, MN Holdings Bhd ranks #880 out of 1725 companies in the Construction industry, placing it in the top 51%.
Is MN Holdings Bhd's Gross Margin % too high?
MN Holdings Bhd's current Gross Margin % of 22.76% is near median its 10-year median of 21.90. Over the past 10 years, this metric has ranged from a low of 20.21 to a high of 30.21. The Construction industry median Gross Margin % is 20.70. MN Holdings Bhd's value of 22.76% is 10% above this industry median. Based on the distribution chart, MN Holdings Bhd ranks #880 out of 1725 companies in the Construction industry, which is below the industry midpoint. Overall, MN Holdings Bhd has a GF Score™ of 79/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does MN Holdings Bhd's Gross Margin % compare to PWR and FIX?
According to the Construction industry distribution chart, MN Holdings Bhd ranks #880 out of 1725 companies for Gross Margin %. This places MN Holdings Bhd in the lower half of its industry. The industry median Gross Margin % is 20.70. MN Holdings Bhd's value of 22.76% is 10% above this benchmark. Historically, MN Holdings Bhd's own Gross Margin % has ranged from 20.21 to 30.21 over the past decade. While the company's 10-year median is 21.90 vs. the industry median of 20.70, MN Holdings 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 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. MN Holdings Bhd's current Gross Margin % of 22.76% is 10% 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 MN Holdings Bhd 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. MN Holdings Bhd's current Gross Margin % is 22.76%, which is near median its own 10-year median of 21.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MN Holdings Bhd stock overvalued right now?
Based on GuruFocus' analysis, MN Holdings Bhd (XKLS:0245) is currently considered Significantly Overvalued. The stock's GF Value™ is RM2.17, compared to a current price of RM2.93 — trading 35% above its estimated fair value. The current Gross Margin % is 22.76%, which is near median its 10-year median of 21.90 and 10% above the Construction industry median of 20.70. MN Holdings Bhd's overall GF Score™ is 79/100 with 7 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 MN Holdings Bhd (XKLS:0245), the current Gross Margin % is 22.76% 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 MN Holdings Bhd (XKLS:0245) Overvalued in 2026?
Based on GuruFocus' analysis, MN Holdings Bhd stock appears to be overvalued.
The current stock price of RM2.93 is trading 35% above its estimated GF Value™ of RM2.17.
GuruFocus considers MN Holdings Bhd to be Significantly Overvalued.
Key valuation signals for XKLS:0245:
Gross Margin %: 22.76% (near median its 10-year median of 21.90)
GF Value™: RM2.17 vs. price of RM2.93 (35% above fair value)
Industry Position: 10% above the Construction median (#880 of 1725)
No single metric tells the full story. See the XKLS:0245 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
MN Holdings Bhd is a competent solution provider specializing in infrastructure utilities construction, with a primary focus on the power industry in Malaysia. It offers engineering services and solutions, supported by the necessary machinery, labor, and expertise for successful project execution. The Group mainly serves customers in the power, gas, sewerage, and telecommunications sectors within Malaysia. Its operations are organized into main reportable segments, including underground utilities engineering services and solutions; substation engineering services and solutions, including trading and supplying; and investment holding and management services. The majority of revenue is generated from the substation engineering segment.
79GF Score
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