The Steel PCLBKK:THE-R 28 FCF Margin % is 9.94% as of Mar. 2026, which is 169% above its 10-year median of 3.70. GuruFocus rates BKK:THE-R with a GF Score™ of 28/100 and a GF Value™ of ฿0.88. The stock has 6 warning signs investors should review. Among 616 Steel companies, The Steel PCL ranks better than 71.43% on this metric.
FCF Margin % is calculated as Free Cash Flow divided by its Revenue. The Steel PCL's Free Cash Flow for the
three
months ended in Mar. 2026 was ฿181 Mil. The Steel PCL's Revenue for the
three
months ended in Mar. 2026 was ฿1,821 Mil. Therefore, The Steel PCL's FCF Margin % for the quarter that ended in Mar. 2026 was 9.94%.
The historical rank and industry rank for The Steel PCL's FCF Margin % or its related term are showing as below:
BKK:THE-R'
s FCF Margin % Range Over the Past 10 Years
Min: -2.36 Med: 3.7 Max: 13.15
Current: 4.77
During the past 13 years, the highest FCF Margin % of The Steel PCL was 13.15%. The lowest was -2.36%. And the median was 3.70%.
BKK:THE-R's FCF Margin % is ranked better than 71.43% of 616
companies
in the Steel industry
Industry Median: 1.08
vs BKK:THE-R: 4.77
The Steel PCL FCF Margin % Related Terms
The Steel PCL FCF Margin % Historical Data
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The historical data trend for The Steel PCL's FCF 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.
BKK:THE-R vs NUE, STLD, RS: FCF Margin % Comparison
For the Steel subindustry, The Steel PCL's FCF Margin %, along with its competitors' market caps and FCF 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.
The Steel PCL FCF Margin % vs Steel Industry
For the Steel industry and Basic Materials sector, The Steel PCL's FCF Margin % distribution charts can be found below:
* The bar in red indicates where The Steel PCL's FCF Margin % falls into.
* 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.
The Steel PCL (BKK:THE-R) has a FCF Margin % of 9.94% as of Mar. 2026. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on The Steel PCL and its competitors. This is 169% above median its historical median of 3.70. According to the industry distribution chart, The Steel PCL ranks #176 out of 616 companies in the Steel industry, placing it in the top 28.6%.
Is The Steel PCL's FCF Margin % too high?
The Steel PCL's current FCF Margin % of 9.94% is 169% above median its 10-year median of 3.70. The Steel industry median FCF Margin % is 1.08. The Steel PCL's value of 9.94% is 820.4% above this industry median. Based on the distribution chart, The Steel PCL ranks #176 out of 616 companies in the Steel industry, which is above the industry midpoint. Overall, The Steel PCL has a GF Score™ of 28/100, reflecting its overall financial health beyond just this single metric.
How does The Steel PCL's FCF Margin % compare to NUE and STLD?
According to the Steel industry distribution chart, The Steel PCL ranks #176 out of 616 companies for FCF Margin %. This puts The Steel PCL in the upper half of its industry. The industry median FCF Margin % is 1.08. The Steel PCL's value of 9.94% is 820.4% above this benchmark. While the company's 10-year median is 3.70 vs. the industry median of 1.08, The Steel 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 FCF Margin % for a Steel company?
The median FCF Margin % among Steel companies is 1.08, based on 616 companies in the industry. Companies in the top quartile (top 25%) have a FCF Margin % significantly above this median, while those in the bottom quartile fall well below. However, FCF Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. The Steel PCL's current FCF Margin % of 9.94% is 820.4% 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 FCF Margin % mean?
A high FCF Margin % can signal that a stock is expensive relative to its fundamentals. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on The Steel PCL and its competitors. For the Steel industry, the median FCF Margin % is 1.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. The Steel PCL's current FCF Margin % is 9.94%, which is 169% above median its own 10-year median of 3.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The Steel PCL stock overvalued right now?
The Steel PCL (BKK:THE-R) has a current FCF Margin % of 9.94%. The stock's GF Value™ is ฿0.88, compared to a current price of ฿0.83 — trading 5.4% below its estimated fair value. The current FCF Margin % is 9.94%, which is 169% above median its 10-year median of 3.70 and 820.4% above the Steel industry median of 1.08. The Steel PCL's overall GF Score™ is 28/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is FCF Margin % calculated?
FCF Margin % is calculated from a company's financial statements. For The Steel PCL (BKK:THE-R), the current FCF Margin % is 9.94% 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 The Steel PCL (BKK:THE-R) Overvalued in 2026?
Based on GuruFocus' analysis, The Steel PCL stock appears to be undervalued.
The current stock price of ฿0.83 is trading 5.4% below its estimated GF Value™ of ฿0.88.
Key valuation signals for BKK:THE-R:
FCF Margin %: 9.94% (169% above median its 10-year median of 3.70)
GF Value™: ฿0.88 vs. price of ฿0.83 (5.4% below fair value)
Industry Position: 820.4% above the Steel median (#176 of 616)
No single metric tells the full story. See the BKK:THE-R stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
The Steel PCL is principally engaged in the selling and transforming hot rolled steel sheets and coils and other structural steels and logistic services of steel. Its product portfolio includes hot-rolled coils, and processed forms such as slit coils, steel sheets, hot-formed structural steel, and cold-formed structural steel, as well as other steel products. In addition, the company also processes certain steel products, including steel sheets, slit coils, flat steel, folded angle steel, folded channel steel, steel pipes, and C-shaped structural steel. The company operates in two reportable segments: Revenue from sales of steels, which accounts for a majority of its revenue, and Revenue from logistic services. Geographically, it is managed and operates principally in Thailand.
28GF Score
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FCF Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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