Absolute Clean Energy PCL (BKK:ACE) Gross Margin %: 31.80% (As of Mar. 2026) — Near Median

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BKK:ACE Absolute Clean Energy PCL BKK:ACE
78 GF Score
Price ฿1.29
GF Value ฿1.38
Valuation Fairly Valued
! 6 Warning Signs
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What is Absolute Clean Energy PCL Gross Margin %?

Absolute Clean Energy PCL BKK:ACE 78 Gross Margin % is 31.80% as of Mar. 2026, which is 9% above its 10-year median of 29.22. GuruFocus rates BKK:ACE with a GF Score™ of 78/100 and a GF Value™ of ฿1.38 (Fairly Valued). The stock has 6 warning signs investors should review. Among 404 Utilities - Independent Power Producers companies, Absolute Clean Energy PCL ranks worse than 51.73% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Absolute Clean Energy PCL's Gross Profit for the three months ended in Mar. 2026 was ฿506 Mil. Absolute Clean Energy PCL's Revenue for the three months ended in Mar. 2026 was ฿1,592 Mil. Therefore, Absolute Clean Energy PCL's Gross Margin % for the quarter that ended in Mar. 2026 was 31.80%.

Warning Sign:

Absolute Clean Energy PCL gross margin has been in long-term decline. The average rate of decline per year is -3.1%.


The historical rank and industry rank for Absolute Clean Energy PCL's Gross Margin % or its related term are showing as below:

BKK:ACE' s Gross Margin % Range Over the Past 10 Years
Min: 25.18   Med: 29.22   Max: 33.51
Current: 30


During the past 12 years, the highest Gross Margin % of Absolute Clean Energy PCL was 33.51%. The lowest was 25.18%. And the median was 29.22%.

BKK:ACE's Gross Margin % is ranked worse than
51.73% of 404 companies
in the Utilities - Independent Power Producers industry
Industry Median: 31.32 vs BKK:ACE: 30.00

Absolute Clean Energy PCL had a gross margin of 31.80% for the quarter that ended in Mar. 2026 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Absolute Clean Energy PCL was -3.10% per year.


Absolute Clean Energy PCL  (BKK:ACE) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Absolute Clean Energy PCL had a gross margin of 31.80% for the quarter that ended in Mar. 2026 => Competition eroding margins


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


Absolute Clean Energy PCL Gross Margin % Related Terms


Absolute Clean Energy PCL Gross Margin % Historical Data

* Premium members only.

The historical data trend for Absolute Clean Energy PCL's Gross 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.

Absolute Clean Energy PCL Gross Margin % Chart

Absolute Clean Energy PCL Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 33.51 27.07 27.08 25.18 29.10

Absolute Clean Energy PCL Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Gross 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 28.11 27.77 28.66 31.87 31.80

Absolute Clean Energy PCL Gross Margin % Competitor Comparison

For the Utilities - Renewable subindustry, Absolute Clean Energy PCL's Gross Margin %, along with its competitors' market caps and Gross 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.


Absolute Clean Energy PCL Gross Margin % vs Utilities - Independent Power Producers Industry

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

* The bar in red indicates where Absolute Clean Energy PCL's Gross Margin % falls into.


BKK:ACE
78GF Score
Absolute Clean Energy PCL BKK:ACE
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Absolute Clean Energy PCL Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Absolute Clean Energy PCL's Gross Margin for the fiscal year that ended in Dec. 2025 is calculated as

Gross Margin % (A: Dec. 2025 )=Gross Profit (A: Dec. 2025 ) / Revenue (A: Dec. 2025 )
=1907 / 6554.427
=(Revenue - Cost of Goods Sold) / Revenue
=(6554.427 - 4647.411) / 6554.427
=29.10 %

Absolute Clean Energy PCL's Gross Margin for the quarter that ended in Mar. 2026 is calculated as


Gross Margin % (Q: Mar. 2026 )=Gross Profit (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=506.2 / 1591.644
=(Revenue - Cost of Goods Sold) / Revenue
=(1591.644 - 1085.451) / 1591.644
=31.80 %

* 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.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.

Frequently Asked Questions Learn more about Gross Margin % →
What does a Gross Margin % of 31.80% mean?
Absolute Clean Energy PCL (BKK:ACE) has a Gross Margin % of 31.80% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Absolute Clean Energy PCL and its competitors. This is near median its historical median of 29.22. Over the past decade, Absolute Clean Energy PCL's Gross Margin % has ranged from 25.18 to 33.51. According to the industry distribution chart, Absolute Clean Energy PCL ranks #209 out of 404 companies in the Utilities - Independent Power Producers industry, placing it in the top 51.7%.
Is Absolute Clean Energy PCL's Gross Margin % too high?
Absolute Clean Energy PCL's current Gross Margin % of 31.80% is near median its 10-year median of 29.22. Over the past 10 years, this metric has ranged from a low of 25.18 to a high of 33.51. The Utilities - Independent Power Producers industry median Gross Margin % is 31.32. Absolute Clean Energy PCL's value of 31.80% is 1.5% above this industry median. Based on the distribution chart, Absolute Clean Energy PCL ranks #209 out of 404 companies in the Utilities - Independent Power Producers industry, which is below the industry midpoint. Overall, Absolute Clean Energy PCL has a GF Score™ of 78/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Absolute Clean Energy PCL's Gross Margin % compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Absolute Clean Energy PCL ranks #209 out of 404 companies for Gross Margin %. This places Absolute Clean Energy PCL in the lower half of its industry. The industry median Gross Margin % is 31.32. Absolute Clean Energy PCL's value of 31.80% is 1.5% above this benchmark. Historically, Absolute Clean Energy PCL's own Gross Margin % has ranged from 25.18 to 33.51 over the past decade. While the company's 10-year median is 29.22 vs. the industry median of 31.32, Absolute Clean 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 Gross Margin % for an Utilities - Independent Power Producers company?
The median Gross Margin % among Utilities - Independent Power Producers companies is 31.32, based on 404 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Absolute Clean Energy PCL's current Gross Margin % of 31.80% is 1.5% 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 Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on Absolute Clean Energy PCL and its competitors. For the Utilities - Independent Power Producers industry, the median Gross Margin % is 31.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Absolute Clean Energy PCL's current Gross Margin % is 31.80%, which is near median its own 10-year median of 29.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Absolute Clean Energy PCL stock overvalued right now?
Based on GuruFocus' analysis, Absolute Clean Energy PCL (BKK:ACE) is currently considered Fairly Valued. The stock's GF Value™ is ฿1.38, compared to a current price of ฿1.29 — trading 6.5% below its estimated fair value. The current Gross Margin % is 31.80%, which is near median its 10-year median of 29.22 and 1.5% above the Utilities - Independent Power Producers industry median of 31.32. Absolute Clean Energy PCL's overall GF Score™ is 78/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For Absolute Clean Energy PCL (BKK:ACE), the current Gross Margin % is 31.80% 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 Absolute Clean Energy PCL (BKK:ACE) Overvalued in 2026?

Based on GuruFocus' analysis, Absolute Clean Energy PCL stock appears to be undervalued. The current stock price of ฿1.29 is trading 6.5% below its estimated GF Value™ of ฿1.38. GuruFocus considers Absolute Clean Energy PCL to be Fairly Valued.

Key valuation signals for BKK:ACE:

  • Gross Margin %: 31.80% (near median its 10-year median of 29.22)
  • GF Value™: ฿1.38 vs. price of ฿1.29 (6.5% below fair value)
  • GF Score™: 78/100 with 6 warning signs
  • Industry Position: 1.5% above the Utilities - Independent Power Producers median (#209 of 404)

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


Absolute Clean Energy PCL Business Description

Other Exchanges ACE-F:Thailand
Address Silom Road, 140/6 ITF Tower, 7th Floor, Suriyawong, Bang Rak District, Bangkok, THA, 10500
Absolute Clean Energy PCL operates biomass, municipal solid waste, natural gas, and solar energy power plants. The company operates in four reportable segments: biomass, natural gas, municipal solid waste, and solar energy power plants. The company operates only in Thailand. It generates the majority of its revenue from the Biomass power plants segment.
78GF Score

Get the complete analysis for BKK:ACE

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

฿1.29
Price
฿1.38
GF Value