S P Setia Bhd (XKLS:8664) Gross Margin %: 29.43% (As of Mar. 2026) — Near Median


XKLS:8664 S P Setia Bhd XKLS:8664
49 GF Score
Price RM0.96
GF Value RM0.97
Valuation Fairly Valued
! 4 Warning Signs
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What is S P Setia Bhd Gross Margin %?

S P Setia Bhd XKLS:8664 +1.06% 49 Gross Margin % is 29.43% as of Mar. 2026, which is 4% below its 10-year median of 30.53. GuruFocus rates XKLS:8664 with a GF Score™ of 49/100 and a GF Value™ of RM0.97 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,646 Real Estate companies, S P Setia Bhd ranks better than 51.22% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. S P Setia Bhd's Gross Profit for the three months ended in Mar. 2026 was RM243 Mil. S P Setia Bhd's Revenue for the three months ended in Mar. 2026 was RM827 Mil. Therefore, S P Setia Bhd's Gross Margin % for the quarter that ended in Mar. 2026 was 29.43%.


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

XKLS:8664' s Gross Margin % Range Over the Past 10 Years
Min: 21.57   Med: 30.53   Max: 39.43
Current: 38.02


During the past 13 years, the highest Gross Margin % of S P Setia Bhd was 39.43%. The lowest was 21.57%. And the median was 30.53%.

XKLS:8664's Gross Margin % is ranked better than
51.22% of 1646 companies
in the Real Estate industry
Industry Median: 36.96 vs XKLS:8664: 38.02

S P Setia Bhd had a gross margin of 29.43% for the quarter that ended in Mar. 2026 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for S P Setia Bhd was 12.10% per year.


S P Setia Bhd  (XKLS:8664) 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

S P Setia Bhd had a gross margin of 29.43% 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.


S P Setia Bhd Gross Margin % Related Terms


S P Setia Bhd Gross Margin % Historical Data

* Premium members only.

The historical data trend for S P Setia 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.

S P Setia Bhd Gross Margin % Chart

S P Setia Bhd Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 26.76 23.92 30.67 34.02 39.43

S P Setia 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 36.52 40.45 37.24 41.38 29.43

S P Setia Bhd Gross Margin % Competitor Comparison

For the Real Estate - Development subindustry, S P Setia 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.


S P Setia Bhd Gross Margin % vs Real Estate Industry

For the Real Estate industry and Real Estate sector, S P Setia Bhd's Gross Margin % distribution charts can be found below:

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


XKLS:8664
49GF Score
S P Setia Bhd XKLS:8664
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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S P Setia Bhd Gross Margin % Calculation

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

S P Setia 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 )
=1663.1 / 4217.843
=(Revenue - Cost of Goods Sold) / Revenue
=(4217.843 - 2554.759) / 4217.843
=39.43 %

S P Setia 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 )
=243.3 / 826.542
=(Revenue - Cost of Goods Sold) / Revenue
=(826.542 - 583.273) / 826.542
=29.43 %

* 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 29.43% mean?
S P Setia Bhd (XKLS:8664) has a Gross Margin % of 29.43% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on S P Setia Bhd and its competitors. This is near median its historical median of 30.53. Over the past decade, S P Setia Bhd's Gross Margin % has ranged from 21.57 to 39.43. According to the industry distribution chart, S P Setia Bhd ranks #803 out of 1646 companies in the Real Estate industry, placing it in the top 48.8%.
Is S P Setia Bhd's Gross Margin % too high?
S P Setia Bhd's current Gross Margin % of 29.43% is near median its 10-year median of 30.53. Over the past 10 years, this metric has ranged from a low of 21.57 to a high of 39.43. The Real Estate industry median Gross Margin % is 36.96. S P Setia Bhd's value of 29.43% is 20.4% below this industry median. Based on the distribution chart, S P Setia Bhd ranks #803 out of 1646 companies in the Real Estate industry, which is above the industry midpoint. Overall, S P Setia Bhd has a GF Score™ of 49/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does S P Setia Bhd's Gross Margin % compare to competitors?
According to the Real Estate industry distribution chart, S P Setia Bhd ranks #803 out of 1646 companies for Gross Margin %. This puts S P Setia Bhd in the upper half of its industry. The industry median Gross Margin % is 36.96. S P Setia Bhd's value of 29.43% is 20.4% below this benchmark. Historically, S P Setia Bhd's own Gross Margin % has ranged from 21.57 to 39.43 over the past decade. While the company's 10-year median is 30.53 vs. the industry median of 36.96, S P Setia 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 Real Estate company?
The median Gross Margin % among Real Estate companies is 36.96, based on 1,646 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. S P Setia Bhd's current Gross Margin % of 29.43% is 20.4% 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 S P Setia Bhd and its competitors. For the Real Estate industry, the median Gross Margin % is 36.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. S P Setia Bhd's current Gross Margin % is 29.43%, which is near median its own 10-year median of 30.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is S P Setia Bhd stock overvalued right now?
Based on GuruFocus' analysis, S P Setia Bhd (XKLS:8664) is currently considered Fairly Valued. The stock's GF Value™ is RM0.97, compared to a current price of RM0.96 — trading 1.5% below its estimated fair value. The current Gross Margin % is 29.43%, which is near median its 10-year median of 30.53 and 20.4% below the Real Estate industry median of 36.96. S P Setia Bhd's overall GF Score™ is 49/100 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 S P Setia Bhd (XKLS:8664), the current Gross Margin % is 29.43% 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 S P Setia Bhd (XKLS:8664) Overvalued in 2026?

Based on GuruFocus' analysis, S P Setia Bhd stock appears to be undervalued. The current stock price of RM0.96 is trading 1.5% below its estimated GF Value™ of RM0.97. GuruFocus considers S P Setia Bhd to be Fairly Valued.

Key valuation signals for XKLS:8664:

  • Gross Margin %: 29.43% (near median its 10-year median of 30.53)
  • GF Value™: RM0.97 vs. price of RM0.96 (1.5% below fair value)
  • GF Score™: 49/100 with 4 warning signs
  • Industry Position: 20.4% below the Real Estate median (#803 of 1646)

No single metric tells the full story. See the XKLS:8664 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


S P Setia Bhd Business Description

Address 12, Persiaran Setia Dagang, Setia Alam, Seksyen U13, S P Setia Berhad Corporate HQ, Shah Alam, SGR, MYS, 40170
S P Setia Bhd is a general real estate company that reports in two segments: Property Development; and Construction, Investment Holding & others. The vast majority of the company's revenue is generated by its property development business, which focuses on developing residential and commercial facilities, followed by its construction segment. Its construction, investment holding & others segment focuses on construction, manufacturing, trading, and investing.
49GF Score

Get the complete analysis for XKLS:8664

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

RM0.96
Price
RM0.97
GF Value