Gulf Development PCL (BKK:GULF) EBITDA Margin %: 29.30% (As of Jun. 2026) — 28% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BKK:GULF Gulf Development PCL BKK:GULF
12 GF Score
Price ฿61.25
! 10 Warning Signs
View Full Analysis

What is Gulf Development PCL EBITDA Margin %?

Gulf Development PCL BKK:GULF +0.41% 12 EBITDA Margin % is 29.30% as of Jun. 2026, which is 28% below its 10-year median of 40.84. GuruFocus rates BKK:GULF with a GF Score™ of 12/100. The stock has 10 warning signs investors should review. Among 425 Utilities - Independent Power Producers companies, Gulf Development PCL ranks better than 68.47% on this metric.

EBITDA Margin % is calculated as EBITDA divided by its Revenue. Gulf Development PCL's EBITDA for the three months ended in Jun. 2026 was ฿13,030 Mil. Gulf Development PCL's Revenue for the three months ended in Jun. 2026 was ฿44,478 Mil. Therefore, Gulf Development PCL's EBITDA margin for the quarter that ended in Jun. 2026 was 29.30%.


Gulf Development PCL  (BKK:GULF) EBITDA Margin % Explanation

EBITDA Margin % is the ratio of EBITDA divided by net sales or Revenue. It is an performance metric measuring company's operating profitability. EBITDA Margin takes depreciation and amortization, interest expense and tax into account, which makes it easy to compare the relative profitability of companies of different sizes in the same industry.


Gulf Development PCL EBITDA Margin % Related Terms


Gulf Development PCL EBITDA Margin % Historical Data

* Premium members only.

The historical data trend for Gulf Development PCL's EBITDA 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.

Gulf Development PCL EBITDA Margin % Chart

Gulf Development PCL Annual Data
Trend Dec23 Dec24 Dec25
EBITDA Margin %
20.12 18.69 82.34

Gulf Development PCL Quarterly Data
Mar24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
EBITDA Margin % Get a 7-Day Free Trial 169.24 22.93 26.46 26.67 29.30

BKK:GULF vs CEG, VST, NRG: EBITDA Margin % Comparison

For the Utilities - Independent Power Producers subindustry, Gulf Development PCL's EBITDA Margin %, along with its competitors' market caps and EBITDA 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.


Gulf Development PCL EBITDA Margin % vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Gulf Development PCL's EBITDA Margin % distribution charts can be found below:

* The bar in red indicates where Gulf Development PCL's EBITDA Margin % falls into.


BKK:GULF
12GF Score
Gulf Development PCL BKK:GULF
EBITDA Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Gulf Development PCL EBITDA Margin % Calculation

EBITDA margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent.

Gulf Development PCL's EBITDA Margin % for the fiscal year that ended in Dec. 2025 is calculated as

EBITDA Margin %=EBITDA (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=81424.635/98885.522
=82.34 %

Gulf Development PCL's EBITDA Margin % for the quarter that ended in Jun. 2026 is calculated as

EBITDA Margin %=EBITDA (Q: Jun. 2026 )/Revenue (Q: Jun. 2026 )
=13030.299/44478.117
=29.30 %

* 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 EBITDA Margin % →
What does a EBITDA Margin % of 29.30% mean?
Gulf Development PCL (BKK:GULF) has a EBITDA Margin % of 29.30% as of Jun. 2026. EBITDA Margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent. View historical data on Gulf Development PCL and its competitors. This is 28% below median its historical median of 40.84. Over the past decade, Gulf Development PCL's EBITDA Margin % has ranged from 29.78 to 280.23. According to the industry distribution chart, Gulf Development PCL ranks #134 out of 425 companies in the Utilities - Independent Power Producers industry, placing it in the top 31.5%.
Is Gulf Development PCL's EBITDA Margin % too high?
Gulf Development PCL's current EBITDA Margin % of 29.30% is 28% below median its 10-year median of 40.84. Over the past 10 years, this metric has ranged from a low of 29.78 to a high of 280.23. The Utilities - Independent Power Producers industry median EBITDA Margin % is 27.42. Gulf Development PCL's value of 29.30% is 6.9% above this industry median. Based on the distribution chart, Gulf Development PCL ranks #134 out of 425 companies in the Utilities - Independent Power Producers industry, which is above the industry midpoint. Overall, Gulf Development PCL has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Gulf Development PCL's EBITDA Margin % compare to CEG and VST?
According to the Utilities - Independent Power Producers industry distribution chart, Gulf Development PCL ranks #134 out of 425 companies for EBITDA Margin %. This puts Gulf Development PCL in the upper half of its industry. The industry median EBITDA Margin % is 27.42. Gulf Development PCL's value of 29.30% is 6.9% above this benchmark. Historically, Gulf Development PCL's own EBITDA Margin % has ranged from 29.78 to 280.23 over the past decade. While the company's 10-year median is 40.84 vs. the industry median of 27.42, Gulf Development PCL 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 EBITDA Margin % for an Utilities - Independent Power Producers company?
The median EBITDA Margin % among Utilities - Independent Power Producers companies is 27.42, based on 425 companies in the industry. Companies in the top quartile (top 25%) have a EBITDA Margin % significantly above this median, while those in the bottom quartile fall well below. However, EBITDA Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Gulf Development PCL's current EBITDA Margin % of 29.30% is 6.9% 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 EBITDA Margin % mean?
A high EBITDA Margin % can signal that a stock is expensive relative to its fundamentals. EBITDA Margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent. View historical data on Gulf Development PCL and its competitors. For the Utilities - Independent Power Producers industry, the median EBITDA Margin % is 27.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gulf Development PCL's current EBITDA Margin % is 29.30%, which is 28% below median its own 10-year median of 40.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gulf Development PCL stock overvalued right now?
Gulf Development PCL (BKK:GULF) has a current EBITDA Margin % of 29.30%. The current EBITDA Margin % is 29.30%, which is 28% below median its 10-year median of 40.84 and 6.9% above the Utilities - Independent Power Producers industry median of 27.42. Gulf Development PCL's overall GF Score™ is 12/100 with 10 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBITDA Margin % calculated?
EBITDA Margin % is calculated from a company's financial statements. For Gulf Development PCL (BKK:GULF), the current EBITDA Margin % is 29.30% 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.

Gulf Development PCL Business Description

Other Exchanges GULF-F:Thailand
Address Wireless Road, 87 M. Thai Tower 11th Floor, All Seasons Place, Lumpini, Pathumwan, Bangkok, THA, 10330
Gulf Development PCL is a Thailand-based company mainly involved in the electricity-generating business. The group's principal operations are to generate and sell electricity and steam, store and convert natural gas from liquid to gas, provide satellite services, and operate other businesses in domestic and international markets. It is also involved in the business of renewable energy, such as solar rooftops and biomass energy. The group's reportable segments are: Power business (which generates maximum revenue), Consulting business, Infrastructure business, and Satellite and digital business. Geographically, it derives maximum revenue from Thailand.
12GF Score

Get the complete analysis for BKK:GULF

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

฿61.25
Price