TSH (SGX:KUH) Net Margin %: 9.49% (As of Jun. 2026) — 31% Above Median

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SGX:KUH TSH Corp Ltd SGX:KUH
51 GF Score
Price S$0.14
GF Value S$0.13
Valuation Fairly Valued
! 3 Warning Signs
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What is TSH Net Margin %?

TSH SGX:KUH 51 Net Margin % is 9.49% as of Jun. 2026, which is 31% above its 10-year median of 7.27. GuruFocus rates SGX:KUH with a GF Score™ of 51/100 and a GF Value™ of S$0.13 (Fairly Valued). The stock has 3 warning signs investors should review. Among 363 Restaurants companies, TSH ranks better than 90.63% on this metric.

Net margin is calculated as Net Income divided by its Revenue. TSH's Net Income for the six months ended in Jun. 2026 was S$0.51 Mil. TSH's Revenue for the six months ended in Jun. 2026 was S$5.38 Mil. Therefore, TSH's net margin for the quarter that ended in Jun. 2026 was 9.49%.

The historical rank and industry rank for TSH's Net Margin % or its related term are showing as below:

SGX:KUH' s Net Margin % Range Over the Past 10 Years
Min: -46.97   Med: 7.27   Max: 10.73
Current: 10.73


SGX:KUH's Net Margin % is ranked better than
90.63% of 363 companies
in the Restaurants industry
Industry Median: 1.94 vs SGX:KUH: 10.73

TSH  (SGX:KUH) 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.


TSH Net Margin % Related Terms


TSH Net Margin % Historical Data

* Premium members only.

The historical data trend for TSH'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.

TSH Net Margin % Chart

TSH Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -6.11 9.56 3.57 7.27 9.99

TSH Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
Net 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 5.36 8.71 7.87 11.67 9.49

SGX:KUH vs MCD, SBUX, YUM: Net Margin % Comparison

For the Restaurants subindustry, TSH'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.


TSH Net Margin % vs Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, TSH's Net Margin % distribution charts can be found below:

* The bar in red indicates where TSH's Net Margin % falls into.


SGX:KUH
51GF Score
TSH Corp Ltd SGX:KUH
Net Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

TSH Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

TSH's Net Margin for the fiscal year that ended in Dec. 2025 is calculated as

Net Margin=Net Income (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=1.261/12.618
=9.99 %

TSH's Net Margin for the quarter that ended in Jun. 2026 is calculated as

Net Margin=Net Income (Q: Jun. 2026 )/Revenue (Q: Jun. 2026 )
=0.511/5.382
=9.49 %

* 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.

Frequently Asked Questions Learn more about Net Margin % →
What does a Net Margin % of 9.49% mean?
TSH (SGX:KUH) has a Net Margin % of 9.49% as of Jun. 2026. Net margin is the ratio of total net income to net sales. View historical data on TSH and its competitors. This is 31% above median its historical median of 7.27. According to the industry distribution chart, TSH ranks #34 out of 363 companies in the Restaurants industry, placing it in the top 9.4%.
Is TSH's Net Margin % too high?
TSH's current Net Margin % of 9.49% is 31% above median its 10-year median of 7.27. The Restaurants industry median Net Margin % is 1.94. TSH's value of 9.49% is 389.2% above this industry median. Based on the distribution chart, TSH ranks #34 out of 363 companies in the Restaurants industry, which is in the top quartile — a strong position relative to peers. Overall, TSH has a GF Score™ of 51/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does TSH's Net Margin % compare to MCD and SBUX?
According to the Restaurants industry distribution chart, TSH ranks #34 out of 363 companies for Net Margin %. This places TSH in the top 9% of its industry — outperforming the majority of peers. The industry median Net Margin % is 1.94. TSH's value of 9.49% is 389.2% above this benchmark. While the company's 10-year median is 7.27 vs. the industry median of 1.94, TSH 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 1.94, 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. TSH's current Net Margin % of 9.49% is 389.2% 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 TSH and its competitors. For the Restaurants industry, the median Net Margin % is 1.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TSH's current Net Margin % is 9.49%, which is 31% above median its own 10-year median of 7.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TSH stock overvalued right now?
Based on GuruFocus' analysis, TSH (SGX:KUH) is currently considered Fairly Valued. The stock's GF Value™ is S$0.13, compared to a current price of S$0.14 — trading 6.9% above its estimated fair value. The current Net Margin % is 9.49%, which is 31% above median its 10-year median of 7.27 and 389.2% above the Restaurants industry median of 1.94. TSH's overall GF Score™ is 51/100 with 3 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 TSH (SGX:KUH), the current Net Margin % is 9.49% as of Jun. 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 TSH (SGX:KUH) Overvalued in 2026?

Based on GuruFocus' analysis, TSH stock appears to be overvalued. The current stock price of S$0.14 is trading 6.9% above its estimated GF Value™ of S$0.13. GuruFocus considers TSH to be Fairly Valued.

Key valuation signals for SGX:KUH:

  • Net Margin %: 9.49% (31% above median its 10-year median of 7.27)
  • GF Value™: S$0.13 vs. price of S$0.14 (6.9% above fair value)
  • GF Score™: 51/100 with 3 warning signs
  • Industry Position: 389.2% above the Restaurants median (#34 of 363)

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


TSH Business Description

Address 315 Outram Road, No. 14-02 Tan Boon Liat Building, Singapore, SGP, 169074
TSH Corp Ltd is an investment holding company. Along with its subsidiaries, it runs a dynamic chain of bars, namely: Quaich Bar Collector, Quaich Bar Avant-garde, Quaich Bar Wanderlust, The Other Room, Signature Reserve, Capitol Cigar & Whisky Lounge. The group also distributes premium spirits through The Whisky Store and runs a whisky-dedicated exhibition, Whisky Journey. It operates in a single segment, focused on the wholesale and retail sale of food and beverage businesses. Geographically, it operates only in Singapore.
51GF Score

Get the complete analysis for SGX:KUH

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

S$0.14
Price
S$0.13
GF Value