Hor KewSGX:BBP 48 Net Margin % is 13.36% as of Dec. 2025, which is 499% above its 10-year median of 2.23. GuruFocus rates SGX:BBP with a GF Score™ of 48/100 and a GF Value™ of S$0.32 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 1,761 Construction companies, Hor Kew ranks better than 87.11% on this metric.
Net margin is calculated as Net Income divided by its Revenue. Hor Kew's Net Income for the
six
months ended in Dec. 2025 was S$4.86 Mil. Hor Kew's Revenue for the
six
months ended in Dec. 2025 was S$36.39 Mil. Therefore, Hor Kew's net margin for the quarter that ended in Dec. 2025 was 13.36%.
The historical rank and industry rank for Hor Kew's Net Margin % or its related term are showing as below:
SGX:BBP'
s Net Margin % Range Over the Past 10 Years
Min: -61.59 Med: 2.23 Max: 18.54
Current: 13.18
SGX:BBP's Net Margin % is ranked better than 87.11% of 1761
companies
in the Construction industry
Industry Median: 3.91
vs SGX:BBP: 13.18
Hor Kew (SGX:BBP) 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.
Hor Kew Net Margin % Related Terms
Hor Kew Net Margin % Historical Data
* Premium members only.
The historical data trend for Hor Kew'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.
For the Engineering & Construction subindustry, Hor Kew'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.
Hor Kew Net Margin % vs Construction Industry
For the Construction industry and Industrials sector, Hor Kew's Net Margin % distribution charts can be found below:
* The bar in red indicates where Hor Kew'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.
Hor Kew (SGX:BBP) has a Net Margin % of 13.36% as of Dec. 2025. Net margin is the ratio of total net income to net sales. View historical data on Hor Kew and its competitors. This is 499% above median its historical median of 2.23. According to the industry distribution chart, Hor Kew ranks #227 out of 1761 companies in the Construction industry, placing it in the top 12.9%.
Is Hor Kew's Net Margin % too high?
Hor Kew's current Net Margin % of 13.36% is 499% above median its 10-year median of 2.23. The Construction industry median Net Margin % is 3.91. Hor Kew's value of 13.36% is 241.7% above this industry median. Based on the distribution chart, Hor Kew ranks #227 out of 1761 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Hor Kew has a GF Score™ of 48/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hor Kew's Net Margin % compare to PWR and FIX?
According to the Construction industry distribution chart, Hor Kew ranks #227 out of 1761 companies for Net Margin %. This places Hor Kew in the top 13% of its industry — outperforming the majority of peers. The industry median Net Margin % is 3.91. Hor Kew's value of 13.36% is 241.7% above this benchmark. While the company's 10-year median is 2.23 vs. the industry median of 3.91, Hor Kew 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 3.91, based on 1,761 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. Hor Kew's current Net Margin % of 13.36% is 241.7% 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 Hor Kew and its competitors. For the Construction industry, the median Net Margin % is 3.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hor Kew's current Net Margin % is 13.36%, which is 499% above median its own 10-year median of 2.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hor Kew stock overvalued right now?
Based on GuruFocus' analysis, Hor Kew (SGX:BBP) is currently considered Significantly Overvalued. The stock's GF Value™ is S$0.32, compared to a current price of S$1.10 — trading 243.8% above its estimated fair value. The current Net Margin % is 13.36%, which is 499% above median its 10-year median of 2.23 and 241.7% above the Construction industry median of 3.91. Hor Kew's overall GF Score™ is 48/100 with 4 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 Hor Kew (SGX:BBP), the current Net Margin % is 13.36% 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 Hor Kew (SGX:BBP) Overvalued in 2026?
Based on GuruFocus' analysis, Hor Kew stock appears to be overvalued.
The current stock price of S$1.10 is trading 243.8% above its estimated GF Value™ of S$0.32.
GuruFocus considers Hor Kew to be Significantly Overvalued.
Key valuation signals for SGX:BBP:
Net Margin %: 13.36% (499% above median its 10-year median of 2.23)
GF Value™: S$0.32 vs. price of S$1.10 (243.8% above fair value)
Industry Position: 241.7% above the Construction median (#227 of 1761)
No single metric tells the full story. See the SGX:BBP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hor Kew Corp Ltd is a building construction company that provides construction-related products and services. The company manufactures and supplies prestressed and reinforced concrete building components and prefinished architectural precast components. Its segments include Property investment and development segment that is engaged in the development, sales and leasing of residential, commercial and industrial properties; Prefabrication segment that derives maximum revenue, is engaged in design, manufacture and sales of prestressed and reinforced concrete building components as well as prefabricated architectural metal components and Others segment comprises mainly the Group level corporate services and treasury functions.
48GF Score
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