Topmix Bhd (XKLS:0302) Gross Margin %: 45.38% (As of Mar. 2026) — 27% Above Median


XKLS:0302 Topmix Bhd XKLS:0302
50 GF Score
Price RM0.42
! 2 Warning Signs
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What is Topmix Bhd Gross Margin %?

Topmix Bhd XKLS:0302 -1.18% 50 Gross Margin % is 45.38% as of Mar. 2026, which is 27% above its 10-year median of 35.74. GuruFocus rates XKLS:0302 with a GF Score™ of 50/100. The stock has 2 warning signs investors should review. Among 415 Furnishings, Fixtures & Appliances companies, Topmix Bhd ranks better than 78.8% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Topmix Bhd's Gross Profit for the three months ended in Mar. 2026 was RM11.5 Mil. Topmix Bhd's Revenue for the three months ended in Mar. 2026 was RM25.3 Mil. Therefore, Topmix Bhd's Gross Margin % for the quarter that ended in Mar. 2026 was 45.38%.


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

XKLS:0302' s Gross Margin % Range Over the Past 10 Years
Min: 34.49   Med: 35.74   Max: 42.03
Current: 42.03


During the past 6 years, the highest Gross Margin % of Topmix Bhd was 42.03%. The lowest was 34.49%. And the median was 35.74%.

XKLS:0302's Gross Margin % is ranked better than
78.8% of 415 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 29.11 vs XKLS:0302: 42.03

Topmix Bhd had a gross margin of 45.38% for the quarter that ended in Mar. 2026 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Topmix Bhd was 3.10% per year.


Topmix Bhd  (XKLS:0302) 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

Topmix Bhd had a gross margin of 45.38% 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.


Topmix Bhd Gross Margin % Related Terms


Topmix Bhd Gross Margin % Historical Data

* Premium members only.

The historical data trend for Topmix 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.

Topmix Bhd Gross Margin % Chart

Topmix Bhd Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Gross Margin %
Get a 7-Day Free Trial 35.69 35.70 35.77 38.43 40.87

Topmix Bhd Quarterly Data
Dec20 Dec21 Dec22 Sep23 Dec23 Mar24 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 40.31 40.69 41.25 41.07 45.38

XKLS:0302 vs SN, SGI, MHK: Gross Margin % Comparison

For the Furnishings, Fixtures & Appliances subindustry, Topmix 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.


Topmix Bhd Gross Margin % vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Topmix Bhd's Gross Margin % distribution charts can be found below:

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


XKLS:0302
50GF Score
Topmix Bhd XKLS:0302
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Topmix Bhd Gross Margin % Calculation

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

Topmix Bhd's Gross Margin for the fiscal year that ended in Dec. 2025 is calculated as

Gross Margin % (A: Dec. 2025 )=Gross Profit (A: Dec. 2025 ) / Revenue (A: Dec. 2025 )
=43.3 / 105.935
=(Revenue - Cost of Goods Sold) / Revenue
=(105.935 - 62.64) / 105.935
=40.87 %

Topmix 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 )
=11.5 / 25.279
=(Revenue - Cost of Goods Sold) / Revenue
=(25.279 - 13.808) / 25.279
=45.38 %

* 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 45.38% mean?
Topmix Bhd (XKLS:0302) has a Gross Margin % of 45.38% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Topmix Bhd and its competitors. This is 27% above median its historical median of 35.74. Over the past decade, Topmix Bhd's Gross Margin % has ranged from 34.49 to 42.03. According to the industry distribution chart, Topmix Bhd ranks #88 out of 415 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 21.2%.
Is Topmix Bhd's Gross Margin % too high?
Topmix Bhd's current Gross Margin % of 45.38% is 27% above median its 10-year median of 35.74. Over the past 10 years, this metric has ranged from a low of 34.49 to a high of 42.03. The Furnishings, Fixtures & Appliances industry median Gross Margin % is 29.11. Topmix Bhd's value of 45.38% is 55.9% above this industry median. Based on the distribution chart, Topmix Bhd ranks #88 out of 415 companies in the Furnishings, Fixtures & Appliances industry, which is in the top quartile — a strong position relative to peers. Overall, Topmix Bhd has a GF Score™ of 50/100, reflecting its overall financial health beyond just this single metric.
How does Topmix Bhd's Gross Margin % compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Topmix Bhd ranks #88 out of 415 companies for Gross Margin %. This places Topmix Bhd in the top 21% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 29.11. Topmix Bhd's value of 45.38% is 55.9% above this benchmark. Historically, Topmix Bhd's own Gross Margin % has ranged from 34.49 to 42.03 over the past decade. While the company's 10-year median is 35.74 vs. the industry median of 29.11, Topmix 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 Furnishings, Fixtures & Appliances company?
The median Gross Margin % among Furnishings, Fixtures & Appliances companies is 29.11, based on 415 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. Topmix Bhd's current Gross Margin % of 45.38% is 55.9% 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 Topmix Bhd and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Gross Margin % is 29.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Topmix Bhd's current Gross Margin % is 45.38%, which is 27% above median its own 10-year median of 35.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Topmix Bhd stock overvalued right now?
Topmix Bhd (XKLS:0302) has a current Gross Margin % of 45.38%. The current Gross Margin % is 45.38%, which is 27% above median its 10-year median of 35.74 and 55.9% above the Furnishings, Fixtures & Appliances industry median of 29.11. Topmix Bhd's overall GF Score™ is 50/100 with 2 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 Topmix Bhd (XKLS:0302), the current Gross Margin % is 45.38% 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.

Topmix Bhd Business Description

Address 8 & 10, Jalan Bistari 11, Taman Industri Jaya, Skudai, JHR, MYS, 81300
Topmix Bhd is an investment holding company. The Group markets and distributes decorative surface products under its proprietary brands, including HPL, compact panels, wall panels, MFC, and other decorative surfaces. It also undertakes in-house product design and collaborates with third-party decor paper suppliers to develop surface designs and finishes for commercial and residential interior applications, such as wall finishes, countertops, furniture, fixtures, and display systems. The Group operates through two business segments: Trading, which involves the wholesale and trading of high-pressure laminated sheets and merchandise of all kinds, and Others, which involves investment holding. The majority of its revenue is derived from Malaysia.
50GF Score

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