Ray Go Solar Holdings Bhd (XKLS:03052) 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
Ray Go Solar Holdings Bhd had a gross margin of 16.27% for the quarter that ended in Apr. 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.
Ray Go Solar Holdings Bhd Gross Margin % Related Terms
Ray Go Solar Holdings Bhd Gross Margin % Historical Data
* 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:03052 vs FSLR, NXT, ENPH: Gross Margin % Comparison
For the Solar subindustry, Ray Go Solar 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.
Ray Go Solar Holdings Bhd Gross Margin % vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Ray Go Solar Holdings Bhd's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Ray Go Solar 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.
Ray Go Solar Holdings Bhd (XKLS:03052) has a Gross Margin % of 16.27% as of Apr. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Ray Go Solar Holdings Bhd and its competitors. This is near median its historical median of 16.05. Over the past decade, Ray Go Solar Holdings Bhd's Gross Margin % has ranged from 6.59 to 32.14.
Is Ray Go Solar Holdings Bhd's Gross Margin % too high?
Ray Go Solar Holdings Bhd's current Gross Margin % of 16.27% is near median its 10-year median of 16.05. Over the past 10 years, this metric has ranged from a low of 6.59 to a high of 32.14. The Semiconductors industry median Gross Margin % is 29.61. Ray Go Solar Holdings Bhd's value of 16.27% is 45.1% below this industry median. Overall, Ray Go Solar Holdings Bhd has a GF Score™ of 43/100, reflecting its overall financial health beyond just this single metric.
How does Ray Go Solar Holdings Bhd's Gross Margin % compare to FSLR and NXT?
Ray Go Solar Holdings Bhd's Gross Margin % of 16.27% can be compared against companies in the Semiconductors industry. The industry median Gross Margin % is 29.61. Ray Go Solar Holdings Bhd's value of 16.27% is 45.1% below this benchmark. Historically, Ray Go Solar Holdings Bhd's own Gross Margin % has ranged from 6.59 to 32.14 over the past decade. While the company's 10-year median is 16.05 vs. the industry median of 29.61, Ray Go Solar Holdings Bhd has consistently been below 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 Semiconductors company?
The median Gross Margin % among Semiconductors companies is 29.61, based on 1,009 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. Ray Go Solar Holdings Bhd's current Gross Margin % of 16.27% is 45.1% below 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 Ray Go Solar Holdings Bhd and its competitors. For the Semiconductors industry, the median Gross Margin % is 29.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ray Go Solar Holdings Bhd's current Gross Margin % is 16.27%, which is near median its own 10-year median of 16.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ray Go Solar Holdings Bhd stock overvalued right now?
Ray Go Solar Holdings Bhd (XKLS:03052) has a current Gross Margin % of 16.27%. The stock's GF Value™ is RM0.24, compared to a current price of RM0.17 — trading 29.2% below its estimated fair value. The current Gross Margin % is 16.27%, which is near median its 10-year median of 16.05 and 45.1% below the Semiconductors industry median of 29.61. Ray Go Solar Holdings Bhd's overall GF Score™ is 43/100 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 Ray Go Solar Holdings Bhd (XKLS:03052), the current Gross Margin % is 16.27% as of Apr. 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 Ray Go Solar Holdings Bhd (XKLS:03052) Overvalued in 2026?
Based on GuruFocus' analysis, Ray Go Solar Holdings Bhd stock appears to be undervalued.
The current stock price of RM0.17 is trading 29.2% below its estimated GF Value™ of RM0.24.
Key valuation signals for XKLS:03052:
Gross Margin %: 16.27% (near median its 10-year median of 16.05)
GF Value™: RM0.24 vs. price of RM0.17 (29.2% below fair value)
Industry Position: 45.1% below the Semiconductors median
No single metric tells the full story. See the XKLS:03052 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ray Go Solar Holdings Bhd is a solar engineering procurement construction (EPC) company providing integrated solar services throughout the entire process of installing a photovoltaic (PV) system. Its business segments include Sales of energy generated from solar projects; and Engineering, Procurement, Construction, and Commissions (EPCC) in solar projects; and operations and maintenance for solar projects. Maximum revenue for the company is derived from its EPCC segment. Geographically, it operates only in Malaysia.
43GF Score
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Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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