Tiong Nam Logistics Holdings Bhd (XKLS:8397) Gross Margin %: 22.45% (As of Mar. 2026) — 29% Above Median


XKLS:8397 Tiong Nam Logistics Holdings Bhd XKLS:8397
51 GF Score
Price RM0.79
GF Value RM0.90
Valuation Modestly Undervalued
! 8 Warning Signs
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What is Tiong Nam Logistics Holdings Bhd Gross Margin %?

Tiong Nam Logistics Holdings Bhd XKLS:8397 +2.60% 51 Gross Margin % is 22.45% as of Mar. 2026, which is 29% above its 10-year median of 17.46. GuruFocus rates XKLS:8397 with a GF Score™ of 51/100 and a GF Value™ of RM0.90 (Modestly Undervalued). The stock has 8 warning signs investors should review. Among 977 Transportation companies, Tiong Nam Logistics Holdings Bhd ranks better than 50.87% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Tiong Nam Logistics Holdings Bhd's Gross Profit for the three months ended in Mar. 2026 was RM52.4 Mil. Tiong Nam Logistics Holdings Bhd's Revenue for the three months ended in Mar. 2026 was RM233.6 Mil. Therefore, Tiong Nam Logistics Holdings Bhd's Gross Margin % for the quarter that ended in Mar. 2026 was 22.45%.


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

XKLS:8397' s Gross Margin % Range Over the Past 10 Years
Min: 14.76   Med: 17.46   Max: 26.25
Current: 20.9


During the past 13 years, the highest Gross Margin % of Tiong Nam Logistics Holdings Bhd was 26.25%. The lowest was 14.76%. And the median was 17.46%.

XKLS:8397's Gross Margin % is ranked better than
50.87% of 977 companies
in the Transportation industry
Industry Median: 20.42 vs XKLS:8397: 20.90

Tiong Nam Logistics Holdings Bhd had a gross margin of 22.45% for the quarter that ended in Mar. 2026 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Tiong Nam Logistics Holdings Bhd was 2.10% per year.


Tiong Nam Logistics Holdings Bhd  (XKLS:8397) 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

Tiong Nam Logistics Holdings Bhd had a gross margin of 22.45% for the quarter that ended in Mar. 2026 => Competition eroding margins


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.


Tiong Nam Logistics Holdings Bhd Gross Margin % Related Terms


Tiong Nam Logistics Holdings Bhd Gross Margin % Historical Data

* Premium members only.

The historical data trend for Tiong Nam Logistics Holdings 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.

Tiong Nam Logistics Holdings Bhd Gross Margin % Chart

Tiong Nam Logistics Holdings 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 17.22 16.99 14.76 17.13 20.90

Tiong Nam Logistics Holdings 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 12.27 20.66 19.57 21.02 22.45

XKLS:8397 vs FDX, UPS, JBHT: Gross Margin % Comparison

For the Integrated Freight & Logistics subindustry, Tiong Nam Logistics 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.


Tiong Nam Logistics Holdings Bhd Gross Margin % vs Transportation Industry

For the Transportation industry and Industrials sector, Tiong Nam Logistics Holdings Bhd's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Tiong Nam Logistics Holdings Bhd's Gross Margin % falls into.


XKLS:8397
51GF Score
Tiong Nam Logistics Holdings Bhd XKLS:8397
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Tiong Nam Logistics Holdings Bhd Gross Margin % Calculation

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

Tiong Nam Logistics Holdings 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 )
=201.7 / 965.032
=(Revenue - Cost of Goods Sold) / Revenue
=(965.032 - 763.33) / 965.032
=20.90 %

Tiong Nam Logistics Holdings 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 )
=52.4 / 233.588
=(Revenue - Cost of Goods Sold) / Revenue
=(233.588 - 181.157) / 233.588
=22.45 %

* 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 22.45% mean?
Tiong Nam Logistics Holdings Bhd (XKLS:8397) has a Gross Margin % of 22.45% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Tiong Nam Logistics Holdings Bhd and its competitors. This is 29% above median its historical median of 17.46. Over the past decade, Tiong Nam Logistics Holdings Bhd's Gross Margin % has ranged from 14.76 to 26.25. According to the industry distribution chart, Tiong Nam Logistics Holdings Bhd ranks #480 out of 977 companies in the Transportation industry, placing it in the top 49.1%.
Is Tiong Nam Logistics Holdings Bhd's Gross Margin % too high?
Tiong Nam Logistics Holdings Bhd's current Gross Margin % of 22.45% is 29% above median its 10-year median of 17.46. Over the past 10 years, this metric has ranged from a low of 14.76 to a high of 26.25. The Transportation industry median Gross Margin % is 20.42. Tiong Nam Logistics Holdings Bhd's value of 22.45% is 9.9% above this industry median. Based on the distribution chart, Tiong Nam Logistics Holdings Bhd ranks #480 out of 977 companies in the Transportation industry, which is above the industry midpoint. Overall, Tiong Nam Logistics Holdings Bhd has a GF Score™ of 51/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Tiong Nam Logistics Holdings Bhd's Gross Margin % compare to FDX and UPS?
According to the Transportation industry distribution chart, Tiong Nam Logistics Holdings Bhd ranks #480 out of 977 companies for Gross Margin %. This puts Tiong Nam Logistics Holdings Bhd in the upper half of its industry. The industry median Gross Margin % is 20.42. Tiong Nam Logistics Holdings Bhd's value of 22.45% is 9.9% above this benchmark. Historically, Tiong Nam Logistics Holdings Bhd's own Gross Margin % has ranged from 14.76 to 26.25 over the past decade. While the company's 10-year median is 17.46 vs. the industry median of 20.42, Tiong Nam Logistics Holdings 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 Transportation company?
The median Gross Margin % among Transportation companies is 20.42, based on 977 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. Tiong Nam Logistics Holdings Bhd's current Gross Margin % of 22.45% is 9.9% 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 Tiong Nam Logistics Holdings Bhd and its competitors. For the Transportation industry, the median Gross Margin % is 20.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tiong Nam Logistics Holdings Bhd's current Gross Margin % is 22.45%, which is 29% above median its own 10-year median of 17.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tiong Nam Logistics Holdings Bhd stock overvalued right now?
Based on GuruFocus' analysis, Tiong Nam Logistics Holdings Bhd (XKLS:8397) is currently considered Modestly Undervalued. The stock's GF Value™ is RM0.90, compared to a current price of RM0.79 — trading 12.2% below its estimated fair value. The current Gross Margin % is 22.45%, which is 29% above median its 10-year median of 17.46 and 9.9% above the Transportation industry median of 20.42. Tiong Nam Logistics Holdings Bhd's overall GF Score™ is 51/100 with 8 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 Tiong Nam Logistics Holdings Bhd (XKLS:8397), the current Gross Margin % is 22.45% 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 Tiong Nam Logistics Holdings Bhd (XKLS:8397) Overvalued in 2026?

Based on GuruFocus' analysis, Tiong Nam Logistics Holdings Bhd stock appears to be undervalued. The current stock price of RM0.79 is trading 12.2% below its estimated GF Value™ of RM0.90. GuruFocus considers Tiong Nam Logistics Holdings Bhd to be Modestly Undervalued.

Key valuation signals for XKLS:8397:

  • Gross Margin %: 22.45% (29% above median its 10-year median of 17.46)
  • GF Value™: RM0.90 vs. price of RM0.79 (12.2% below fair value)
  • GF Score™: 51/100 with 8 warning signs
  • Industry Position: 9.9% above the Transportation median (#480 of 977)

No single metric tells the full story. See the XKLS:8397 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tiong Nam Logistics Holdings Bhd Business Description

Address Jalan Kempas Baru, Lot 30462, Johor Bahru, JHR, MYS, 81200
Tiong Nam Logistics Holdings Bhd is a Malaysia-based investment holding company that provides fully integrated logistics and warehousing services in the Asia Pacific region. It operates through four segments, namely Logistics and warehousing services, which is the key revenue driver; Investment, Property Development, and dormitory. It offers a variety of services such as warehouse space management services, trucking and delivery, cross-border transfers, container haulage, heavy transportation, and last-mile delivery for e-commerce companies. The company operates mainly in Malaysia.
51GF Score

Get the complete analysis for XKLS:8397

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

RM0.79
Price
RM0.90
GF Value