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Top Glove Corporation Bhd
OTC:TGLVY

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Top Glove Corporation Bhd
OTC:TGLVY
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Price: 0.518 USD Market Closed
Market Cap: $1B

Net Margin

4%
Current
Improving
by 17.1%
vs 3-y average of -13.1%

Net Margin shows how much profit a company keeps from each dollar of sales after all expenses, including taxes and interest. It reflects the company`s overall profitability.

Net Margin
4%
=
Net Income
138.4m
/
Revenue
3.5B

Net Margin shows how much profit a company keeps from each dollar of sales after all expenses, including taxes and interest. It reflects the company`s overall profitability.

Net Margin
4%
=
Net Income
$138.4m
/
Revenue
3.5B

Peer Comparison

Country Company Market Cap Net
Margin
MY
Top Glove Corporation Bhd
KLSE:TOPGLOV
4.7B MYR
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US
Medline Inc
NASDAQ:MDLN
60B USD
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JP
Hoya Corp
TSE:7741
8.9T JPY
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CH
Alcon AG
SIX:ALC
29.6B CHF
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DK
Coloplast A/S
CSE:COLO B
109.6B DKK
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US
Align Technology Inc
NASDAQ:ALGN
13.5B USD
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UK
ConvaTec Group PLC
LSE:CTEC
4.6B GBP
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CN
Shenzhen New Industries Biomedical Engineering Co Ltd
SZSE:300832
42.8B CNY
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CA
Bausch + Lomb Corp
NYSE:BLCO
6B USD
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CH
Ypsomed Holding AG
SIX:YPSN
3.9B CHF
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US
Merit Medical Systems Inc
NASDAQ:MMSI
4.8B USD
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Market Distribution

In line with most companies in Malaysia
Percentile
50th
Based on 1 168 companies
50th percentile
4%
Low
-53 603.4% — -0.8%
Typical Range
-0.8% — 9.6%
High
9.6% — 15 766%
Distribution Statistics
Malaysia
Min -53 603.4%
30th Percentile -0.8%
Median 3.9%
70th Percentile 9.6%
Max 15 766%

Top Glove Corporation Bhd
Glance View

Market Cap
1B USD
Industry
Health Care

Nestled in the bustling industrial landscape of Malaysia, Top Glove Corporation Bhd has emerged as a pivotal player in the global healthcare supply chain. Founded in 1991 by Tan Sri Dr. Lim Wee Chai, what began as a modest enterprise with a singular production line has transformed into the world's largest manufacturer of gloves. The company’s remarkable journey is powered by its commitment to innovation, stringent quality control, and a relentless drive to expand its production capacity. With operations spanning several countries, Top Glove’s manufacturing capabilities cater to a variety of glove types, including latex, nitrile, and vinyl, addressing the diverse needs of healthcare professionals across the globe. Top Glove operates on a high-volume, low-margin business model, allowing it to thrive in an industry that demands both reliability and cost-effectiveness. The company generates revenue by selling its products to an extensive network of distributors, healthcare institutions, and retailers worldwide. Its strategic approach to cost management and supply chain efficiency enables Top Glove to maintain competitive pricing while ensuring significant profit margins. By continuously investing in technology upgrades and expanding its production facilities, Top Glove ensures it remains at the forefront of the glove manufacturing sector, adeptly navigating the vicissitudes of global health trends and economic cycles.

TGLVY Intrinsic Value
0.663 USD
Undervaluation 22%
Intrinsic Value
Price
T
What is Net Margin?
Net Margin shows how much profit a company keeps from each dollar of sales after all expenses, including taxes and interest. It reflects the company`s overall profitability.
How is Net Margin calculated?

Net Margin is calculated by dividing the Net Income by the Revenue.

Net Margin
4%
=
Net Income
138.4m
/
Revenue
3.5B
What is Top Glove Corporation Bhd's current Net Margin?

The current Net Margin for Top Glove Corporation Bhd is 4%, which is above its 3-year median of -13.1%.

How has Net Margin changed over time?

Over the last 3 years, Top Glove Corporation Bhd’s Net Margin has increased from -2.7% to 4%. During this period, it reached a low of -41% on Aug 31, 2023 and a high of 4% on Dec 30, 2025.

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