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G & M HoldingsHKSE:06038 +5.41%62 Net Margin % is 11.41% as of Dec. 2025, which is 6% above its 10-year median of 10.73. GuruFocus rates HKSE:06038 with a GF Score™ of 62/100 and a GF Value™ of HK$0.19 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 1,774 Construction companies, G & M Holdings ranks better than 89.74% on this metric.
Net margin is calculated as Net Income divided by its Revenue. G & M Holdings's Net Income for the
six
months ended in Dec. 2025 was HK$16.1 Mil. G & M Holdings's Revenue for the
six
months ended in Dec. 2025 was HK$141.2 Mil. Therefore, G & M Holdings's net margin for the quarter that ended in Dec. 2025 was 11.41%.
The historical rank and industry rank for G & M Holdings's Net Margin % or its related term are showing as below:
HKSE:06038'
s Net Margin % Range Over the Past 10 Years
Min: 8.8 Med: 10.73 Max: 18.27
Current: 14.61
HKSE:06038's Net Margin % is ranked better than 89.74% of 1774
companies
in the Construction industry
Industry Median: 3.79
vs HKSE:06038: 14.61
G & M Holdings (HKSE:06038) 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.
G & M Holdings Net Margin % Related Terms
G & M Holdings Net Margin % Historical Data
* Premium members only.
The historical data trend for G & M 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:06038 vs PWR, FIX, EME: Net Margin % Comparison
For the Engineering & Construction subindustry, G & M 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.
G & M Holdings Net Margin % vs Construction Industry
For the Construction industry and Industrials sector, G & M Holdings's Net Margin % distribution charts can be found below:
* The bar in red indicates where G & M 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.
G & M Holdings (HKSE:06038) has a Net Margin % of 11.41% as of Dec. 2025. Net margin is the ratio of total net income to net sales. View historical data on G & M Holdings and its competitors. This is near median its historical median of 10.73. Over the past decade, G & M Holdings' Net Margin % has ranged from 8.80 to 18.27. According to the industry distribution chart, G & M Holdings ranks #182 out of 1774 companies in the Construction industry, placing it in the top 10.3%.
Is G & M Holdings' Net Margin % too high?
G & M Holdings' current Net Margin % of 11.41% is near median its 10-year median of 10.73. Over the past 10 years, this metric has ranged from a low of 8.80 to a high of 18.27. The Construction industry median Net Margin % is 3.79. G & M Holdings' value of 11.41% is 201.1% above this industry median. Based on the distribution chart, G & M Holdings ranks #182 out of 1774 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, G & M Holdings has a GF Score™ of 62/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does G & M Holdings' Net Margin % compare to PWR and FIX?
According to the Construction industry distribution chart, G & M Holdings ranks #182 out of 1774 companies for Net Margin %. This places G & M Holdings in the top 10% of its industry — outperforming the majority of peers. The industry median Net Margin % is 3.79. G & M Holdings' value of 11.41% is 201.1% above this benchmark. Historically, G & M Holdings' own Net Margin % has ranged from 8.80 to 18.27 over the past decade. While the company's 10-year median is 10.73 vs. the industry median of 3.79, G & M 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 Construction company?
The median Net Margin % among Construction companies is 3.79, based on 1,774 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. G & M Holdings's current Net Margin % of 11.41% is 201.1% 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 G & M Holdings and its competitors. For the Construction industry, the median Net Margin % is 3.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. G & M Holdings's current Net Margin % is 11.41%, which is near median its own 10-year median of 10.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is G & M Holdings stock overvalued right now?
Based on GuruFocus' analysis, G & M Holdings (HKSE:06038) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.19, compared to a current price of HK$0.39 — trading 105.3% above its estimated fair value. The current Net Margin % is 11.41%, which is near median its 10-year median of 10.73 and 201.1% above the Construction industry median of 3.79. G & M Holdings' overall GF Score™ is 62/100 with 1 warning sign 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 G & M Holdings (HKSE:06038), the current Net Margin % is 11.41% 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 G & M Holdings (HKSE:06038) Overvalued in 2026?
Based on GuruFocus' analysis, G & M Holdings stock appears to be overvalued.
The current stock price of HK$0.39 is trading 105.3% above its estimated GF Value™ of HK$0.19.
GuruFocus considers G & M Holdings to be Significantly Overvalued.
Key valuation signals for HKSE:06038:
Net Margin %: 11.41% (near median its 10-year median of 10.73)
GF Value™: HK$0.19 vs. price of HK$0.39 (105.3% above fair value)
Industry Position: 201.1% above the Construction median (#182 of 1774)
No single metric tells the full story. See the HKSE:06038 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
G & M Holdings Ltd is an investment holding company engaged in construction business. The company provides one-stop design and builds solutions, as well as repairs and maintains services in relation to podium facade and curtain wall works in Hong Kong. The group operates in Hong Kong and the PRC. All of the group's revenue is derived from Hong Kong.
62GF Score
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Net Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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