Itmax System Bhd (XKLS:5309) Gross Margin %: 74.65% (As of Mar. 2026) — 12% Above Median


XKLS:5309 Itmax System Bhd XKLS:5309
98 GF Score
Price RM4.84
GF Value RM4.69
Valuation Fairly Valued
! 5 Warning Signs
View Full Analysis

What is Itmax System Bhd Gross Margin %?

Itmax System Bhd XKLS:5309 98 Gross Margin % is 74.65% as of Mar. 2026, which is 12% above its 10-year median of 66.90. GuruFocus rates XKLS:5309 with a GF Score™ of 98/100 and a GF Value™ of RM4.69 (Fairly Valued). The stock has 5 warning signs investors should review. Among 1,007 Business Services companies, Itmax System Bhd ranks better than 84.41% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Itmax System Bhd's Gross Profit for the three months ended in Mar. 2026 was RM49.2 Mil. Itmax System Bhd's Revenue for the three months ended in Mar. 2026 was RM65.9 Mil. Therefore, Itmax System Bhd's Gross Margin % for the quarter that ended in Mar. 2026 was 74.65%.


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

XKLS:5309' s Gross Margin % Range Over the Past 10 Years
Min: 18.37   Med: 66.9   Max: 72.74
Current: 71.36


During the past 7 years, the highest Gross Margin % of Itmax System Bhd was 72.74%. The lowest was 18.37%. And the median was 66.90%.

XKLS:5309's Gross Margin % is ranked better than
84.41% of 1007 companies
in the Business Services industry
Industry Median: 34.5 vs XKLS:5309: 71.36

Itmax System Bhd had a gross margin of 74.65% for the quarter that ended in Mar. 2026 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Itmax System Bhd was 3.30% per year.


Itmax System Bhd  (XKLS:5309) 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

Itmax System Bhd had a gross margin of 74.65% 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.


Itmax System Bhd Gross Margin % Related Terms


Itmax System Bhd Gross Margin % Historical Data

* Premium members only.

The historical data trend for Itmax System 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.

Itmax System Bhd Gross Margin % Chart

Itmax System Bhd Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Gross Margin %
Get a 7-Day Free Trial 66.90 72.74 70.01 61.28 70.45

Itmax System Bhd Quarterly Data
Dec19 Dec20 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 71.19 69.61 75.11 66.41 74.65

XKLS:5309 vs ALLE, MSA, ADT: Gross Margin % Comparison

For the Security & Protection Services subindustry, Itmax System 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.


Itmax System Bhd Gross Margin % vs Business Services Industry

For the Business Services industry and Industrials sector, Itmax System Bhd's Gross Margin % distribution charts can be found below:

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


XKLS:5309
98GF Score
Itmax System Bhd XKLS:5309
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Itmax System Bhd Gross Margin % Calculation

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

Itmax System 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 )
=174 / 246.969
=(Revenue - Cost of Goods Sold) / Revenue
=(246.969 - 72.991) / 246.969
=70.45 %

Itmax System 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 )
=49.2 / 65.857
=(Revenue - Cost of Goods Sold) / Revenue
=(65.857 - 16.698) / 65.857
=74.65 %

* 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 74.65% mean?
Itmax System Bhd (XKLS:5309) has a Gross Margin % of 74.65% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Itmax System Bhd and its competitors. This is 12% above median its historical median of 66.90. Over the past decade, Itmax System Bhd's Gross Margin % has ranged from 18.37 to 72.74. According to the industry distribution chart, Itmax System Bhd ranks #157 out of 1007 companies in the Business Services industry, placing it in the top 15.6%.
Is Itmax System Bhd's Gross Margin % too high?
Itmax System Bhd's current Gross Margin % of 74.65% is 12% above median its 10-year median of 66.90. Over the past 10 years, this metric has ranged from a low of 18.37 to a high of 72.74. The Business Services industry median Gross Margin % is 34.50. Itmax System Bhd's value of 74.65% is 116.4% above this industry median. Based on the distribution chart, Itmax System Bhd ranks #157 out of 1007 companies in the Business Services industry, which is in the top quartile — a strong position relative to peers. Overall, Itmax System Bhd has a GF Score™ of 98/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Itmax System Bhd's Gross Margin % compare to ALLE and MSA?
According to the Business Services industry distribution chart, Itmax System Bhd ranks #157 out of 1007 companies for Gross Margin %. This places Itmax System Bhd in the top 16% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 34.50. Itmax System Bhd's value of 74.65% is 116.4% above this benchmark. Historically, Itmax System Bhd's own Gross Margin % has ranged from 18.37 to 72.74 over the past decade. While the company's 10-year median is 66.90 vs. the industry median of 34.50, Itmax System 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 Business Services company?
The median Gross Margin % among Business Services companies is 34.50, based on 1,007 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. Itmax System Bhd's current Gross Margin % of 74.65% is 116.4% 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 Itmax System Bhd and its competitors. For the Business Services industry, the median Gross Margin % is 34.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Itmax System Bhd's current Gross Margin % is 74.65%, which is 12% above median its own 10-year median of 66.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Itmax System Bhd stock overvalued right now?
Based on GuruFocus' analysis, Itmax System Bhd (XKLS:5309) is currently considered Fairly Valued. The stock's GF Value™ is RM4.69, compared to a current price of RM4.84 — trading 3.2% above its estimated fair value. The current Gross Margin % is 74.65%, which is 12% above median its 10-year median of 66.90 and 116.4% above the Business Services industry median of 34.50. Itmax System Bhd's overall GF Score™ is 98/100 with 5 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 Itmax System Bhd (XKLS:5309), the current Gross Margin % is 74.65% 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 Itmax System Bhd (XKLS:5309) Overvalued in 2026?

Based on GuruFocus' analysis, Itmax System Bhd stock appears to be overvalued. The current stock price of RM4.84 is trading 3.2% above its estimated GF Value™ of RM4.69. GuruFocus considers Itmax System Bhd to be Fairly Valued.

Key valuation signals for XKLS:5309:

  • Gross Margin %: 74.65% (12% above median its 10-year median of 66.90)
  • GF Value™: RM4.69 vs. price of RM4.84 (3.2% above fair value)
  • GF Score™: 98/100 with 5 warning signs
  • Industry Position: 116.4% above the Business Services median (#157 of 1007)

No single metric tells the full story. See the XKLS:5309 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Itmax System Bhd Business Description

Address Jalan Radin Bagus 3, No. 30-G & 30-3, Seri Petaling, Wilayah Persekutuan, Kuala Lumpur, MYS, 57000
Itmax System Bhd is principally engaged in the business of supplying, installing, and providing public space networked systems and investment holding. The company develops networking solutions for smart video surveillance, smart parking, smart traffic management, smart street lighting and communication networks. Geographically, the company operates only in Malaysia.
98GF Score

Get the complete analysis for XKLS:5309

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

RM4.84
Price
RM4.69
GF Value