Nforce Secure PCL (BKK:SECURE) EBITDA Margin %: 15.36% (As of Mar. 2026) — 35% Above 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:SECURE Nforce Secure PCL BKK:SECURE
92 GF Score
Price ฿14.20
GF Value ฿15.00
Valuation Fairly Valued
! 2 Warning Signs
View Full Analysis

What is Nforce Secure PCL EBITDA Margin %?

Nforce Secure PCL BKK:SECURE -1.39% 92 EBITDA Margin % is 15.36% as of Mar. 2026, which is 35% above its 10-year median of 11.37. GuruFocus rates BKK:SECURE with a GF Score™ of 92/100 and a GF Value™ of ฿15.00 (Fairly Valued). The stock has 2 warning signs investors should review. Among 2,477 Hardware companies, Nforce Secure PCL ranks better than 71.54% on this metric.

EBITDA Margin % is calculated as EBITDA divided by its Revenue. Nforce Secure PCL's EBITDA for the three months ended in Mar. 2026 was ฿47 Mil. Nforce Secure PCL's Revenue for the three months ended in Mar. 2026 was ฿307 Mil. Therefore, Nforce Secure PCL's EBITDA margin for the quarter that ended in Mar. 2026 was 15.36%.


Nforce Secure PCL  (BKK:SECURE) 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.


Nforce Secure PCL EBITDA Margin % Related Terms


Nforce Secure PCL EBITDA Margin % Historical Data

* Premium members only.

The historical data trend for Nforce Secure 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.

Nforce Secure PCL EBITDA Margin % Chart

Nforce Secure PCL Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBITDA Margin %
Get a 7-Day Free Trial 10.45 9.04 12.28 12.97 12.92

Nforce Secure PCL Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EBITDA 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 13.91 14.98 14.26 10.16 15.36

BKK:SECURE vs MSFT, ORCL, PLTR: EBITDA Margin % Comparison

For the Electronics & Computer Distribution subindustry, Nforce Secure 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.


Nforce Secure PCL EBITDA Margin % vs Hardware Industry

For the Hardware industry and Technology sector, Nforce Secure PCL's EBITDA Margin % distribution charts can be found below:

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


BKK:SECURE
92GF Score
Nforce Secure PCL BKK:SECURE
EBITDA Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nforce Secure PCL EBITDA Margin % Calculation

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

Nforce Secure 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 )
=168.353/1302.831
=12.92 %

Nforce Secure PCL's EBITDA Margin % for the quarter that ended in Mar. 2026 is calculated as

EBITDA Margin %=EBITDA (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=47.2/307.282
=15.36 %

* 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 15.36% mean?
Nforce Secure PCL (BKK:SECURE) has a EBITDA Margin % of 15.36% as of Mar. 2026. EBITDA Margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent. View historical data on Nforce Secure PCL and its competitors. This is 35% above median its historical median of 11.37. Over the past decade, Nforce Secure PCL's EBITDA Margin % has ranged from 7.24 to 13.27. According to the industry distribution chart, Nforce Secure PCL ranks #705 out of 2477 companies in the Hardware industry, placing it in the top 28.5%.
Is Nforce Secure PCL's EBITDA Margin % too high?
Nforce Secure PCL's current EBITDA Margin % of 15.36% is 35% above median its 10-year median of 11.37. Over the past 10 years, this metric has ranged from a low of 7.24 to a high of 13.27. The Hardware industry median EBITDA Margin % is 7.01. Nforce Secure PCL's value of 15.36% is 119.1% above this industry median. Based on the distribution chart, Nforce Secure PCL ranks #705 out of 2477 companies in the Hardware industry, which is above the industry midpoint. Overall, Nforce Secure PCL has a GF Score™ of 92/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Nforce Secure PCL's EBITDA Margin % compare to MSFT and ORCL?
According to the Hardware industry distribution chart, Nforce Secure PCL ranks #705 out of 2477 companies for EBITDA Margin %. This puts Nforce Secure PCL in the upper half of its industry. The industry median EBITDA Margin % is 7.01. Nforce Secure PCL's value of 15.36% is 119.1% above this benchmark. Historically, Nforce Secure PCL's own EBITDA Margin % has ranged from 7.24 to 13.27 over the past decade. While the company's 10-year median is 11.37 vs. the industry median of 7.01, Nforce Secure 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 a Hardware company?
The median EBITDA Margin % among Hardware companies is 7.01, based on 2,477 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. Nforce Secure PCL's current EBITDA Margin % of 15.36% is 119.1% 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 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 Nforce Secure PCL and its competitors. For the Hardware industry, the median EBITDA Margin % is 7.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nforce Secure PCL's current EBITDA Margin % is 15.36%, which is 35% above median its own 10-year median of 11.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nforce Secure PCL stock overvalued right now?
Based on GuruFocus' analysis, Nforce Secure PCL (BKK:SECURE) is currently considered Fairly Valued. The stock's GF Value™ is ฿15.00, compared to a current price of ฿14.20 — trading 5.3% below its estimated fair value. The current EBITDA Margin % is 15.36%, which is 35% above median its 10-year median of 11.37 and 119.1% above the Hardware industry median of 7.01. Nforce Secure PCL's overall GF Score™ is 92/100 with 2 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 Nforce Secure PCL (BKK:SECURE), the current EBITDA Margin % is 15.36% as of Mar. 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 Nforce Secure PCL (BKK:SECURE) Overvalued in 2026?

Based on GuruFocus' analysis, Nforce Secure PCL stock appears to be undervalued. The current stock price of ฿14.20 is trading 5.3% below its estimated GF Value™ of ฿15.00. GuruFocus considers Nforce Secure PCL to be Fairly Valued.

Key valuation signals for BKK:SECURE:

  • EBITDA Margin %: 15.36% (35% above median its 10-year median of 11.37)
  • GF Value™: ฿15.00 vs. price of ฿14.20 (5.3% below fair value)
  • GF Score™: 92/100 with 2 warning signs
  • Industry Position: 119.1% above the Hardware median (#705 of 2477)

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


Nforce Secure PCL Business Description

Address Ratchadapisek Road, 9/2 The Synchronized, Soi Ratchadapisek 18, Huai Khwang Sub-district, Huai Khwang District, Bangkok, THA, 10310
Nforce Secure PCL is a distributor of cybersecurity solution products and offers other supporting services. It is mainly engaged in selling computer hardware and software, and all related equipment, network communication equipment and software, development of enterprise software and project management, and providing services for business consulting, risk assessment, planning, and training.
92GF Score

Get the complete analysis for BKK:SECURE

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

฿14.20
Price
฿15.00
GF Value