Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Leader Steel Holdings BhdXKLS:9881 45 Gross Margin % is 8.36% as of Mar. 2026, which is 14% below its 10-year median of 9.74. GuruFocus rates XKLS:9881 with a GF Score™ of 45/100 and a GF Value™ of RM0.34 (Fairly Valued). The stock has 6 warning signs investors should review. Among 594 Steel companies, Leader Steel Holdings Bhd ranks worse than 67.51% on this metric.
Leader Steel Holdings Bhd (XKLS:9881) 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
Leader Steel Holdings Bhd had a gross margin of 8.36% 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.
Leader Steel Holdings Bhd Gross Margin % Related Terms
Leader Steel Holdings Bhd Gross Margin % Historical Data
* 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.
XKLS:9881 vs NUE, STLD, RS: Gross Margin % Comparison
For the Steel subindustry, Leader Steel 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.
Leader Steel Holdings Bhd Gross Margin % vs Steel Industry
For the Steel industry and Basic Materials sector, Leader Steel Holdings Bhd's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Leader Steel Holdings Bhd's Gross Margin % falls into.
* 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.
Leader Steel Holdings Bhd (XKLS:9881) has a Gross Margin % of 8.36% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Leader Steel Holdings Bhd and its competitors. This is 14% below median its historical median of 9.74. Over the past decade, Leader Steel Holdings Bhd's Gross Margin % has ranged from 2.93 to 21.89. According to the industry distribution chart, Leader Steel Holdings Bhd ranks #401 out of 594 companies in the Steel industry, placing it in the top 67.5%.
Is Leader Steel Holdings Bhd's Gross Margin % too high?
Leader Steel Holdings Bhd's current Gross Margin % of 8.36% is 14% below median its 10-year median of 9.74. Over the past 10 years, this metric has ranged from a low of 2.93 to a high of 21.89. The Steel industry median Gross Margin % is 12.55. Leader Steel Holdings Bhd's value of 8.36% is 33.4% below this industry median. Based on the distribution chart, Leader Steel Holdings Bhd ranks #401 out of 594 companies in the Steel industry, which is below the industry midpoint. Overall, Leader Steel Holdings Bhd has a GF Score™ of 45/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Leader Steel Holdings Bhd's Gross Margin % compare to NUE and STLD?
According to the Steel industry distribution chart, Leader Steel Holdings Bhd ranks #401 out of 594 companies for Gross Margin %. This places Leader Steel Holdings Bhd in the lower half of its industry. The industry median Gross Margin % is 12.55. Leader Steel Holdings Bhd's value of 8.36% is 33.4% below this benchmark. Historically, Leader Steel Holdings Bhd's own Gross Margin % has ranged from 2.93 to 21.89 over the past decade. While the company's 10-year median is 9.74 vs. the industry median of 12.55, Leader Steel Holdings 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 Steel company?
The median Gross Margin % among Steel companies is 12.55, based on 594 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. Leader Steel Holdings Bhd's current Gross Margin % of 8.36% is 33.4% 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 Leader Steel Holdings Bhd and its competitors. For the Steel industry, the median Gross Margin % is 12.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Leader Steel Holdings Bhd's current Gross Margin % is 8.36%, which is 14% below median its own 10-year median of 9.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Leader Steel Holdings Bhd stock overvalued right now?
Based on GuruFocus' analysis, Leader Steel Holdings Bhd (XKLS:9881) is currently considered Fairly Valued. The stock's GF Value™ is RM0.34, compared to a current price of RM0.37 — trading 8.8% above its estimated fair value. The current Gross Margin % is 8.36%, which is 14% below median its 10-year median of 9.74 and 33.4% below the Steel industry median of 12.55. Leader Steel Holdings Bhd's overall GF Score™ is 45/100 with 6 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 Leader Steel Holdings Bhd (XKLS:9881), the current Gross Margin % is 8.36% 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 Leader Steel Holdings Bhd (XKLS:9881) Overvalued in 2026?
Based on GuruFocus' analysis, Leader Steel Holdings Bhd stock appears to be overvalued.
The current stock price of RM0.37 is trading 8.8% above its estimated GF Value™ of RM0.34.
GuruFocus considers Leader Steel Holdings Bhd to be Fairly Valued.
Key valuation signals for XKLS:9881:
Gross Margin %: 8.36% (14% below median its 10-year median of 9.74)
GF Value™: RM0.34 vs. price of RM0.37 (8.8% above fair value)
Industry Position: 33.4% below the Steel median (#401 of 594)
No single metric tells the full story. See the XKLS:9881 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Leader Steel Holdings Bhd is an investment holding company. It is engaged in the business segment of Manufacturing, processing, and trading of steel and metal products and minerals. The group's steel and metal products include steel pipes and tubes, hollow sections, and steel flat bar, whereas the minerals include iron ore, manganese, mill scales, and slags. The company has two segments: the Steel segment and the Mineral segment. The company generates the majority of its revenue from the steel segment, which is engaged in the manufacturing and distribution of steel products. Geographically, the company operates in Malaysia, China, Hong Kong, Macau, the United Kingdom, and other countries, of which key revenue is generated from Malaysia.
45GF Score
Get the complete analysis for XKLS:9881
Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
XKLS:9881 has been successfully added to your 
