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K2 F&B HoldingsHKSE:02108 -2.50%55 Net Margin % is 36.58% as of Dec. 2025, which is 199% above its 10-year median of 12.25. GuruFocus rates HKSE:02108 with a GF Score™ of 55/100 and a GF Value™ of HK$0.21 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 363 Restaurants companies, K2 F&B Holdings ranks better than 95.87% on this metric.
Net margin is calculated as Net Income divided by its Revenue. K2 F&B Holdings's Net Income for the
six
months ended in Dec. 2025 was HK$56.1 Mil. K2 F&B Holdings's Revenue for the
six
months ended in Dec. 2025 was HK$153.4 Mil. Therefore, K2 F&B Holdings's net margin for the quarter that ended in Dec. 2025 was 36.58%.
The historical rank and industry rank for K2 F&B Holdings's Net Margin % or its related term are showing as below:
HKSE:02108'
s Net Margin % Range Over the Past 10 Years
Min: 4.92 Med: 12.25 Max: 18.56
Current: 18.43
HKSE:02108's Net Margin % is ranked better than 95.87% of 363
companies
in the Restaurants industry
Industry Median: 2.18
vs HKSE:02108: 18.43
K2 F&B Holdings (HKSE:02108) Net Margin % Explanation
Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.
But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.
K2 F&B Holdings Net Margin % Related Terms
K2 F&B Holdings Net Margin % Historical Data
* Premium members only.
The historical data trend for K2 F&B Holdings's Net 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.
HKSE:02108 vs MCD, SBUX, YUM: Net Margin % Comparison
For the Restaurants subindustry, K2 F&B Holdings's Net Margin %, along with its competitors' market caps and Net 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.
K2 F&B Holdings Net Margin % vs Restaurants Industry
For the Restaurants industry and Consumer Cyclical sector, K2 F&B Holdings's Net Margin % distribution charts can be found below:
* The bar in red indicates where K2 F&B Holdings's Net 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.
K2 F&B Holdings (HKSE:02108) has a Net Margin % of 36.58% as of Dec. 2025. Net margin is the ratio of total net income to net sales. View historical data on K2 F&B Holdings and its competitors. This is 199% above median its historical median of 12.25. Over the past decade, K2 F&B Holdings' Net Margin % has ranged from 4.92 to 18.56. According to the industry distribution chart, K2 F&B Holdings ranks #15 out of 363 companies in the Restaurants industry, placing it in the top 4.1%.
Is K2 F&B Holdings' Net Margin % too high?
K2 F&B Holdings' current Net Margin % of 36.58% is 199% above median its 10-year median of 12.25. Over the past 10 years, this metric has ranged from a low of 4.92 to a high of 18.56. The Restaurants industry median Net Margin % is 2.18. K2 F&B Holdings' value of 36.58% is 1578% above this industry median. Based on the distribution chart, K2 F&B Holdings ranks #15 out of 363 companies in the Restaurants industry, which is in the top quartile — a strong position relative to peers. Overall, K2 F&B Holdings has a GF Score™ of 55/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does K2 F&B Holdings' Net Margin % compare to MCD and SBUX?
According to the Restaurants industry distribution chart, K2 F&B Holdings ranks #15 out of 363 companies for Net Margin %. This places K2 F&B Holdings in the top 4% of its industry — outperforming the majority of peers. The industry median Net Margin % is 2.18. K2 F&B Holdings' value of 36.58% is 1578% above this benchmark. Historically, K2 F&B Holdings' own Net Margin % has ranged from 4.92 to 18.56 over the past decade. While the company's 10-year median is 12.25 vs. the industry median of 2.18, K2 F&B Holdings 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 Net Margin % for a Restaurants company?
The median Net Margin % among Restaurants companies is 2.18, based on 363 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. K2 F&B Holdings's current Net Margin % of 36.58% is 1578% 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 Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on K2 F&B Holdings and its competitors. For the Restaurants industry, the median Net Margin % is 2.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. K2 F&B Holdings's current Net Margin % is 36.58%, which is 199% above median its own 10-year median of 12.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is K2 F&B Holdings stock overvalued right now?
Based on GuruFocus' analysis, K2 F&B Holdings (HKSE:02108) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.21, compared to a current price of HK$0.39 — trading 85.7% above its estimated fair value. The current Net Margin % is 36.58%, which is 199% above median its 10-year median of 12.25 and 1578% above the Restaurants industry median of 2.18. K2 F&B Holdings' overall GF Score™ is 55/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For K2 F&B Holdings (HKSE:02108), the current Net Margin % is 36.58% as of Dec. 2025. 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 K2 F&B Holdings (HKSE:02108) Overvalued in 2026?
Based on GuruFocus' analysis, K2 F&B Holdings stock appears to be overvalued.
The current stock price of HK$0.39 is trading 85.7% above its estimated GF Value™ of HK$0.21.
GuruFocus considers K2 F&B Holdings to be Significantly Overvalued.
Key valuation signals for HKSE:02108:
Net Margin %: 36.58% (199% above median its 10-year median of 12.25)
GF Value™: HK$0.21 vs. price of HK$0.39 (85.7% above fair value)
Industry Position: 1578% above the Restaurants median (#15 of 363)
No single metric tells the full story. See the HKSE:02108 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
K2 F&B Holdings Ltd, through its subsidiaries, is mainly engaged in the ownership and operation of food centres and food streets in Singapore. The Group's operating business segments are: Rental and outlet management, and Food and beverage stalls. The majority of its revenue is generated from the Food and beverage stalls segment, which is involved in the retailing of beverages, tobacco products, and cooked food directly to consumers, such as mixed vegetable rice, zichar, roasted meat, and chicken rice located in food establishments operated and managed by the Group. The Rental and outlet management segment is involved in the leasing of food establishment premises to tenants and the provision of outlet management services, including cleaning and utilities services, to tenants.
55GF Score
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