Thai Solar Energy PCL (BKK:TSE) EBITDA Margin %: 56.65% (As of Mar. 2026) — 39% Below Median


BKK:TSE Thai Solar Energy PCL BKK:TSE
41 GF Score
Price ฿0.71
GF Value ฿0.89
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Thai Solar Energy PCL EBITDA Margin %?

Thai Solar Energy PCL BKK:TSE 41 EBITDA Margin % is 56.65% as of Mar. 2026, which is 39% below its 10-year median of 93.15. GuruFocus rates BKK:TSE with a GF Score™ of 41/100 and a GF Value™ of ฿0.89 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 418 Utilities - Independent Power Producers companies, Thai Solar Energy PCL ranks better than 67.22% on this metric.

EBITDA Margin % is calculated as EBITDA divided by its Revenue. Thai Solar Energy PCL's EBITDA for the three months ended in Mar. 2026 was ฿177 Mil. Thai Solar Energy PCL's Revenue for the three months ended in Mar. 2026 was ฿313 Mil. Therefore, Thai Solar Energy PCL's EBITDA margin for the quarter that ended in Mar. 2026 was 56.65%.


Thai Solar Energy PCL  (BKK:TSE) 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.


Thai Solar Energy PCL EBITDA Margin % Related Terms


Thai Solar Energy PCL EBITDA Margin % Historical Data

* Premium members only.

The historical data trend for Thai Solar Energy 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.

Thai Solar Energy PCL EBITDA Margin % Chart

Thai Solar Energy PCL Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBITDA Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 92.79 127.91 1.14 4.55 44.37

Thai Solar Energy 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 56.41 46.65 51.04 19.39 56.65

Thai Solar Energy PCL EBITDA Margin % Competitor Comparison

For the Utilities - Renewable subindustry, Thai Solar Energy 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.


Thai Solar Energy PCL EBITDA Margin % vs Utilities - Independent Power Producers Industry

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

* The bar in red indicates where Thai Solar Energy PCL's EBITDA Margin % falls into.


BKK:TSE
41GF Score
Thai Solar Energy PCL BKK:TSE
EBITDA Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Thai Solar Energy PCL EBITDA Margin % Calculation

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

Thai Solar Energy 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 )
=551.3/1242.458
=44.37 %

Thai Solar Energy 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 )
=177.467/313.261
=56.65 %

* 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 56.65% mean?
Thai Solar Energy PCL (BKK:TSE) has a EBITDA Margin % of 56.65% 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 Thai Solar Energy PCL and its competitors. This is 39% below median its historical median of 93.15. Over the past decade, Thai Solar Energy PCL's EBITDA Margin % has ranged from 1.14 to 263.27. According to the industry distribution chart, Thai Solar Energy PCL ranks #137 out of 418 companies in the Utilities - Independent Power Producers industry, placing it in the top 32.8%.
Is Thai Solar Energy PCL's EBITDA Margin % too high?
Thai Solar Energy PCL's current EBITDA Margin % of 56.65% is 39% below median its 10-year median of 93.15. Over the past 10 years, this metric has ranged from a low of 1.14 to a high of 263.27. The Utilities - Independent Power Producers industry median EBITDA Margin % is 27.77. Thai Solar Energy PCL's value of 56.65% is 104% above this industry median. Based on the distribution chart, Thai Solar Energy PCL ranks #137 out of 418 companies in the Utilities - Independent Power Producers industry, which is above the industry midpoint. Overall, Thai Solar Energy PCL has a GF Score™ of 41/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Thai Solar Energy PCL's EBITDA Margin % compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Thai Solar Energy PCL ranks #137 out of 418 companies for EBITDA Margin %. This puts Thai Solar Energy PCL in the upper half of its industry. The industry median EBITDA Margin % is 27.77. Thai Solar Energy PCL's value of 56.65% is 104% above this benchmark. Historically, Thai Solar Energy PCL's own EBITDA Margin % has ranged from 1.14 to 263.27 over the past decade. While the company's 10-year median is 93.15 vs. the industry median of 27.77, Thai Solar Energy 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 27.77, based on 418 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. Thai Solar Energy PCL's current EBITDA Margin % of 56.65% is 104% 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 Thai Solar Energy PCL and its competitors. For the Utilities - Independent Power Producers industry, the median EBITDA Margin % is 27.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thai Solar Energy PCL's current EBITDA Margin % is 56.65%, which is 39% below median its own 10-year median of 93.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thai Solar Energy PCL stock overvalued right now?
Based on GuruFocus' analysis, Thai Solar Energy PCL (BKK:TSE) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿0.89, compared to a current price of ฿0.71 — trading 20.2% below its estimated fair value. The current EBITDA Margin % is 56.65%, which is 39% below median its 10-year median of 93.15 and 104% above the Utilities - Independent Power Producers industry median of 27.77. Thai Solar Energy PCL's overall GF Score™ is 41/100 with 5 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 Thai Solar Energy PCL (BKK:TSE), the current EBITDA Margin % is 56.65% 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 Thai Solar Energy PCL (BKK:TSE) Overvalued in 2026?

Based on GuruFocus' analysis, Thai Solar Energy PCL stock appears to be undervalued. The current stock price of ฿0.71 is trading 20.2% below its estimated GF Value™ of ฿0.89. GuruFocus considers Thai Solar Energy PCL to be Modestly Undervalued.

Key valuation signals for BKK:TSE:

  • EBITDA Margin %: 56.65% (39% below median its 10-year median of 93.15)
  • GF Value™: ฿0.89 vs. price of ฿0.71 (20.2% below fair value)
  • GF Score™: 41/100 with 5 warning signs
  • Industry Position: 104% above the Utilities - Independent Power Producers median (#137 of 418)

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


Thai Solar Energy PCL Business Description

Address Sukhumvit Road, 19th Floor, 725 S-Metro Building, Klongton Nua, Wattana, Bangkok, THA, 10110
Thai Solar Energy PCL is engaged in the generation and distribution of electricity from solar power to the government and private sector. The company has its operational footprints in Thailand and Japan. Its operating segments are Domestic and International of which, the company generates a majority of its revenue from the Domestic segment. The firm's projects are Solar PV Farms Thailand, Solar PV Farms Japan, Solar PV Rooftop Plants Thailand and Biomass Power Plants.
41GF Score

Get the complete analysis for BKK:TSE

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

฿0.71
Price
฿0.89
GF Value