IJM Bhd (XKLS:3336) Gross Margin %: 11.19% (As of Mar. 2026) — 44% Below Median


XKLS:3336 IJM Corp Bhd XKLS:3336
81 GF Score
Price RM2.28
GF Value RM2.82
Valuation Modestly Undervalued
! 7 Warning Signs
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What is IJM Bhd Gross Margin %?

IJM Bhd XKLS:3336 -1.72% 81 Gross Margin % is 11.19% as of Mar. 2026, which is 44% below its 10-year median of 19.86. GuruFocus rates XKLS:3336 with a GF Score™ of 81/100 and a GF Value™ of RM2.82 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 511 Conglomerates companies, IJM Bhd ranks worse than 72.99% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. IJM Bhd's Gross Profit for the three months ended in Mar. 2026 was RM209 Mil. IJM Bhd's Revenue for the three months ended in Mar. 2026 was RM1,866 Mil. Therefore, IJM Bhd's Gross Margin % for the quarter that ended in Mar. 2026 was 11.19%.


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

XKLS:3336' s Gross Margin % Range Over the Past 10 Years
Min: 17.14   Med: 19.86   Max: 26.19
Current: 17.14


During the past 13 years, the highest Gross Margin % of IJM Bhd was 26.19%. The lowest was 17.14%. And the median was 19.86%.

XKLS:3336's Gross Margin % is ranked worse than
72.99% of 511 companies
in the Conglomerates industry
Industry Median: 25.96 vs XKLS:3336: 17.14

IJM Bhd had a gross margin of 11.19% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for IJM Bhd was 2.10% per year.


IJM Bhd  (XKLS:3336) 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

IJM Bhd had a gross margin of 11.19% for the quarter that ended in Mar. 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.


IJM Bhd Gross Margin % Related Terms


IJM Bhd Gross Margin % Historical Data

* Premium members only.

The historical data trend for IJM 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.

IJM Bhd Gross Margin % Chart

IJM Bhd Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.28 25.81 26.19 25.36 17.14

IJM Bhd Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 26.56 18.74 20.04 19.31 11.19

XKLS:3336 vs HON, MMM: Gross Margin % Comparison

For the Conglomerates subindustry, IJM 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.


IJM Bhd Gross Margin % vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, IJM Bhd's Gross Margin % distribution charts can be found below:

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


XKLS:3336
81GF Score
IJM Corp Bhd XKLS:3336
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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IJM Bhd Gross Margin % Calculation

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

IJM Bhd's Gross Margin for the fiscal year that ended in Mar. 2026 is calculated as

Gross Margin % (A: Mar. 2026 )=Gross Profit (A: Mar. 2026 ) / Revenue (A: Mar. 2026 )
=1179 / 6879.025
=(Revenue - Cost of Goods Sold) / Revenue
=(6879.025 - 5700.001) / 6879.025
=17.14 %

IJM 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 )
=208.7 / 1866.305
=(Revenue - Cost of Goods Sold) / Revenue
=(1866.305 - 1657.556) / 1866.305
=11.19 %

* 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 11.19% mean?
IJM Bhd (XKLS:3336) has a Gross Margin % of 11.19% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on IJM Bhd and its competitors. This is 44% below median its historical median of 19.86. Over the past decade, IJM Bhd's Gross Margin % has ranged from 17.14 to 26.19. According to the industry distribution chart, IJM Bhd ranks #373 out of 511 companies in the Conglomerates industry, placing it in the top 73%.
Is IJM Bhd's Gross Margin % too high?
IJM Bhd's current Gross Margin % of 11.19% is 44% below median its 10-year median of 19.86. Over the past 10 years, this metric has ranged from a low of 17.14 to a high of 26.19. The Conglomerates industry median Gross Margin % is 25.96. IJM Bhd's value of 11.19% is 56.9% below this industry median. Based on the distribution chart, IJM Bhd ranks #373 out of 511 companies in the Conglomerates industry, which is below the industry midpoint. Overall, IJM Bhd has a GF Score™ of 81/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does IJM Bhd's Gross Margin % compare to HON and MMM?
According to the Conglomerates industry distribution chart, IJM Bhd ranks #373 out of 511 companies for Gross Margin %. This places IJM Bhd in the lower half of its industry. The industry median Gross Margin % is 25.96. IJM Bhd's value of 11.19% is 56.9% below this benchmark. Historically, IJM Bhd's own Gross Margin % has ranged from 17.14 to 26.19 over the past decade. While the company's 10-year median is 19.86 vs. the industry median of 25.96, IJM 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 Conglomerates company?
The median Gross Margin % among Conglomerates companies is 25.96, based on 511 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. IJM Bhd's current Gross Margin % of 11.19% is 56.9% 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 IJM Bhd and its competitors. For the Conglomerates industry, the median Gross Margin % is 25.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. IJM Bhd's current Gross Margin % is 11.19%, which is 44% below median its own 10-year median of 19.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IJM Bhd stock overvalued right now?
Based on GuruFocus' analysis, IJM Bhd (XKLS:3336) is currently considered Modestly Undervalued. The stock's GF Value™ is RM2.82, compared to a current price of RM2.28 — trading 19.1% below its estimated fair value. The current Gross Margin % is 11.19%, which is 44% below median its 10-year median of 19.86 and 56.9% below the Conglomerates industry median of 25.96. IJM Bhd's overall GF Score™ is 81/100 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 IJM Bhd (XKLS:3336), the current Gross Margin % is 11.19% 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 IJM Bhd (XKLS:3336) Overvalued in 2026?

Based on GuruFocus' analysis, IJM Bhd stock appears to be undervalued. The current stock price of RM2.28 is trading 19.1% below its estimated GF Value™ of RM2.82. GuruFocus considers IJM Bhd to be Modestly Undervalued.

Key valuation signals for XKLS:3336:

  • Gross Margin %: 11.19% (44% below median its 10-year median of 19.86)
  • GF Value™: RM2.82 vs. price of RM2.28 (19.1% below fair value)
  • GF Score™: 81/100 with 7 warning signs
  • Industry Position: 56.9% below the Conglomerates median (#373 of 511)

No single metric tells the full story. See the XKLS:3336 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


IJM Bhd Business Description

Address Jalan Yong Shook Lin, 2nd Floor, Wisma IJM, Petaling Jaya, SGR, MYS, 46050
IJM Corp Bhd is an investment holding company. It constructs hotels, residential complexes, highways and transportation systems, and other large industrial structures. In addition, the company provides construction materials for in-house support and external customers. It utilizes quarry operations, ready-mixed concrete, scaffolding, and other supplies to provide reliable solutions. IJM has six operating segments: Construction, Property development, Manufacturing and quarrying, Infrastructure - Tollway, Infrastructure - Port and Investment and others. The majority of the company's revenue is derived from Malaysia, and also has its presence in India, United Kingdom, and Other countries.
81GF Score

Get the complete analysis for XKLS:3336

Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

RM2.28
Price
RM2.82
GF Value