Spritzer Bhd (XKLS:7103) Gross Margin %: 51.31% (As of Mar. 2026) — 17% Below Median


XKLS:7103 Spritzer Bhd XKLS:7103
88 GF Score
Price RM2.88
GF Value RM1.76
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Spritzer Bhd Gross Margin %?

Spritzer Bhd XKLS:7103 -0.69% 88 Gross Margin % is 51.31% as of Mar. 2026, which is 17% below its 10-year median of 61.94. GuruFocus rates XKLS:7103 with a GF Score™ of 88/100 and a GF Value™ of RM1.76 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 115 Beverages - Non-Alcoholic companies, Spritzer Bhd ranks better than 80% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Spritzer Bhd's Gross Profit for the three months ended in Mar. 2026 was RM81.1 Mil. Spritzer Bhd's Revenue for the three months ended in Mar. 2026 was RM158.0 Mil. Therefore, Spritzer Bhd's Gross Margin % for the quarter that ended in Mar. 2026 was 51.31%.


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

XKLS:7103' s Gross Margin % Range Over the Past 10 Years
Min: 51.47   Med: 61.94   Max: 71.65
Current: 51.47


During the past 13 years, the highest Gross Margin % of Spritzer Bhd was 71.65%. The lowest was 51.47%. And the median was 61.94%.

XKLS:7103's Gross Margin % is ranked better than
80% of 115 companies
in the Beverages - Non-Alcoholic industry
Industry Median: 38.43 vs XKLS:7103: 51.47

Spritzer Bhd had a gross margin of 51.31% for the quarter that ended in Mar. 2026 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Spritzer Bhd was 2.60% per year.


Spritzer Bhd  (XKLS:7103) 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

Spritzer Bhd had a gross margin of 51.31% 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.


Spritzer Bhd Gross Margin % Related Terms


Spritzer Bhd Gross Margin % Historical Data

* Premium members only.

The historical data trend for Spritzer 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.

Spritzer Bhd Gross Margin % Chart

Spritzer Bhd Annual Data
Trend May16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 60.64 59.01 63.23 67.70 71.65

Spritzer 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 50.02 50.58 51.98 51.96 51.31

XKLS:7103 vs KO, PEP, MNST: Gross Margin % Comparison

For the Beverages - Non-Alcoholic subindustry, Spritzer 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.


Spritzer Bhd Gross Margin % vs Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Spritzer Bhd's Gross Margin % distribution charts can be found below:

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


XKLS:7103
88GF Score
Spritzer Bhd XKLS:7103
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Spritzer Bhd Gross Margin % Calculation

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

Spritzer 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 )
=470.6 / 656.854
=(Revenue - Cost of Goods Sold) / Revenue
=(656.854 - 186.24) / 656.854
=71.65 %

Spritzer 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 )
=81.1 / 157.98
=(Revenue - Cost of Goods Sold) / Revenue
=(157.98 - 76.923) / 157.98
=51.31 %

* 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 51.31% mean?
Spritzer Bhd (XKLS:7103) has a Gross Margin % of 51.31% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Spritzer Bhd and its competitors. This is 17% below median its historical median of 61.94. Over the past decade, Spritzer Bhd's Gross Margin % has ranged from 51.47 to 71.65. According to the industry distribution chart, Spritzer Bhd ranks #23 out of 115 companies in the Beverages - Non-Alcoholic industry, placing it in the top 20%.
Is Spritzer Bhd's Gross Margin % too high?
Spritzer Bhd's current Gross Margin % of 51.31% is 17% below median its 10-year median of 61.94. Over the past 10 years, this metric has ranged from a low of 51.47 to a high of 71.65. The Beverages - Non-Alcoholic industry median Gross Margin % is 38.43. Spritzer Bhd's value of 51.31% is 33.5% above this industry median. Based on the distribution chart, Spritzer Bhd ranks #23 out of 115 companies in the Beverages - Non-Alcoholic industry, which is in the top quartile — a strong position relative to peers. Overall, Spritzer Bhd has a GF Score™ of 88/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Spritzer Bhd's Gross Margin % compare to KO and PEP?
According to the Beverages - Non-Alcoholic industry distribution chart, Spritzer Bhd ranks #23 out of 115 companies for Gross Margin %. This places Spritzer Bhd in the top 20% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 38.43. Spritzer Bhd's value of 51.31% is 33.5% above this benchmark. Historically, Spritzer Bhd's own Gross Margin % has ranged from 51.47 to 71.65 over the past decade. While the company's 10-year median is 61.94 vs. the industry median of 38.43, Spritzer 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 Beverages - Non-Alcoholic company?
The median Gross Margin % among Beverages - Non-Alcoholic companies is 38.43, based on 115 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. Spritzer Bhd's current Gross Margin % of 51.31% is 33.5% 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 Spritzer Bhd and its competitors. For the Beverages - Non-Alcoholic industry, the median Gross Margin % is 38.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Spritzer Bhd's current Gross Margin % is 51.31%, which is 17% below median its own 10-year median of 61.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Spritzer Bhd stock overvalued right now?
Based on GuruFocus' analysis, Spritzer Bhd (XKLS:7103) is currently considered Significantly Overvalued. The stock's GF Value™ is RM1.76, compared to a current price of RM2.88 — trading 63.6% above its estimated fair value. The current Gross Margin % is 51.31%, which is 17% below median its 10-year median of 61.94 and 33.5% above the Beverages - Non-Alcoholic industry median of 38.43. Spritzer Bhd's overall GF Score™ is 88/100 with 4 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 Spritzer Bhd (XKLS:7103), the current Gross Margin % is 51.31% 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 Spritzer Bhd (XKLS:7103) Overvalued in 2026?

Based on GuruFocus' analysis, Spritzer Bhd stock appears to be overvalued. The current stock price of RM2.88 is trading 63.6% above its estimated GF Value™ of RM1.76. GuruFocus considers Spritzer Bhd to be Significantly Overvalued.

Key valuation signals for XKLS:7103:

  • Gross Margin %: 51.31% (17% below median its 10-year median of 61.94)
  • GF Value™: RM1.76 vs. price of RM2.88 (63.6% above fair value)
  • GF Score™: 88/100 with 4 warning signs
  • Industry Position: 33.5% above the Beverages - Non-Alcoholic median (#23 of 115)

No single metric tells the full story. See the XKLS:7103 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Spritzer Bhd Business Description

Address Lot 898, Jalan Reservoir, Off Jalan Air Kuning, Taiping, PRK, MYS, 34000
Spritzer Bhd is principally involved in the production and sale of natural mineral water, carbonated flavoured water, distilled water, drinking water and non-carbonated flavoured water, manufacturing and selling of PET preforms, PET bottles, caps, toothbrushes and other plastic products, distribution of bottled water and other consumer products, operator of a mini golf course, recreational park and retail of consumer products, property development and investment holding. The company operates through three segments Manufacturing, Trading, and Others. The company generates majority of revenue from Manufacturing segment. The company's main products includes Everyday Hydration, Sparking Hydration, Flavourful Hydration, etc.
88GF Score

Get the complete analysis for XKLS:7103

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

RM2.88
Price
RM1.76
GF Value