Aapico Hitech PCL (BKK:AH) Gross Margin %: 10.41% (As of Mar. 2026) — 21% Above Median


BKK:AH Aapico Hitech PCL BKK:AH
85 GF Score
Price ฿13.90
GF Value ฿15.88
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Aapico Hitech PCL Gross Margin %?

Aapico Hitech PCL BKK:AH +0.72% 85 Gross Margin % is 10.41% as of Mar. 2026, which is 21% above its 10-year median of 8.60. GuruFocus rates BKK:AH with a GF Score™ of 85/100 and a GF Value™ of ฿15.88 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,311 Vehicles & Parts companies, Aapico Hitech PCL ranks worse than 89.93% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Aapico Hitech PCL's Gross Profit for the three months ended in Mar. 2026 was ฿659 Mil. Aapico Hitech PCL's Revenue for the three months ended in Mar. 2026 was ฿6,333 Mil. Therefore, Aapico Hitech PCL's Gross Margin % for the quarter that ended in Mar. 2026 was 10.41%.


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

BKK:AH' s Gross Margin % Range Over the Past 10 Years
Min: 5.94   Med: 8.6   Max: 11.69
Current: 8.61


During the past 13 years, the highest Gross Margin % of Aapico Hitech PCL was 11.69%. The lowest was 5.94%. And the median was 8.60%.

BKK:AH's Gross Margin % is ranked worse than
89.93% of 1311 companies
in the Vehicles & Parts industry
Industry Median: 19.84 vs BKK:AH: 8.61

Aapico Hitech PCL had a gross margin of 10.41% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Aapico Hitech PCL was -0.60% per year.


Aapico Hitech PCL  (BKK:AH) 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

Aapico Hitech PCL had a gross margin of 10.41% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage


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.


Aapico Hitech PCL Gross Margin % Related Terms


Aapico Hitech PCL Gross Margin % Historical Data

* Premium members only.

The historical data trend for Aapico Hitech 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.

Aapico Hitech PCL Gross Margin % Chart

Aapico Hitech 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 10.81 11.41 11.69 8.69 8.50

Aapico Hitech 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 9.87 7.37 9.18 7.54 10.41

BKK:AH vs ORLY, AZO: Gross Margin % Comparison

For the Auto Parts subindustry, Aapico Hitech 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.


Aapico Hitech PCL Gross Margin % vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Aapico Hitech PCL's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Aapico Hitech PCL's Gross Margin % falls into.


BKK:AH
85GF Score
Aapico Hitech PCL BKK:AH
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Aapico Hitech PCL Gross Margin % Calculation

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

Aapico Hitech 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 )
=2190.6 / 25780.055
=(Revenue - Cost of Goods Sold) / Revenue
=(25780.055 - 23589.411) / 25780.055
=8.50 %

Aapico Hitech 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 )
=659.4 / 6333.268
=(Revenue - Cost of Goods Sold) / Revenue
=(6333.268 - 5673.887) / 6333.268
=10.41 %

* 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 10.41% mean?
Aapico Hitech PCL (BKK:AH) has a Gross Margin % of 10.41% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Aapico Hitech PCL and its competitors. This is 21% above median its historical median of 8.60. Over the past decade, Aapico Hitech PCL's Gross Margin % has ranged from 5.94 to 11.69. According to the industry distribution chart, Aapico Hitech PCL ranks #1179 out of 1311 companies in the Vehicles & Parts industry, placing it in the top 89.9%.
Is Aapico Hitech PCL's Gross Margin % too high?
Aapico Hitech PCL's current Gross Margin % of 10.41% is 21% above median its 10-year median of 8.60. Over the past 10 years, this metric has ranged from a low of 5.94 to a high of 11.69. The Vehicles & Parts industry median Gross Margin % is 19.84. Aapico Hitech PCL's value of 10.41% is 47.5% below this industry median. Based on the distribution chart, Aapico Hitech PCL ranks #1179 out of 1311 companies in the Vehicles & Parts industry, which is in the bottom quartile relative to peers. Overall, Aapico Hitech PCL has a GF Score™ of 85/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Aapico Hitech PCL's Gross Margin % compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Aapico Hitech PCL ranks #1179 out of 1311 companies for Gross Margin %. This places Aapico Hitech PCL in the lower half of its industry. The industry median Gross Margin % is 19.84. Aapico Hitech PCL's value of 10.41% is 47.5% below this benchmark. Historically, Aapico Hitech PCL's own Gross Margin % has ranged from 5.94 to 11.69 over the past decade. While the company's 10-year median is 8.60 vs. the industry median of 19.84, Aapico Hitech PCL has consistently been below 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 a Vehicles & Parts company?
The median Gross Margin % among Vehicles & Parts companies is 19.84, based on 1,311 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. Aapico Hitech PCL's current Gross Margin % of 10.41% is 47.5% below 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 Aapico Hitech PCL and its competitors. For the Vehicles & Parts industry, the median Gross Margin % is 19.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aapico Hitech PCL's current Gross Margin % is 10.41%, which is 21% above median its own 10-year median of 8.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aapico Hitech PCL stock overvalued right now?
Based on GuruFocus' analysis, Aapico Hitech PCL (BKK:AH) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿15.88, compared to a current price of ฿13.90 — trading 12.5% below its estimated fair value. The current Gross Margin % is 10.41%, which is 21% above median its 10-year median of 8.60 and 47.5% below the Vehicles & Parts industry median of 19.84. Aapico Hitech PCL's overall GF Score™ is 85/100 with 3 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 Aapico Hitech PCL (BKK:AH), the current Gross Margin % is 10.41% 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 Aapico Hitech PCL (BKK:AH) Overvalued in 2026?

Based on GuruFocus' analysis, Aapico Hitech PCL stock appears to be undervalued. The current stock price of ฿13.90 is trading 12.5% below its estimated GF Value™ of ฿15.88. GuruFocus considers Aapico Hitech PCL to be Modestly Undervalued.

Key valuation signals for BKK:AH:

  • Gross Margin %: 10.41% (21% above median its 10-year median of 8.60)
  • GF Value™: ฿15.88 vs. price of ฿13.90 (12.5% below fair value)
  • GF Score™: 85/100 with 3 warning signs
  • Industry Position: 47.5% below the Vehicles & Parts median (#1179 of 1311)

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


Aapico Hitech PCL Business Description

Address Tambol Ban Lane, 99 Moo 1 Hitech Industrial Estate, Ampur Bang Pa-in, Ayutthya, THA, 13160
Aapico Hitech PCL is a manufacturing company. The business activity of the firm is organized into business units based on their products and services and has three reported segments which are the Manufacture of auto parts; Sales of automobiles and the provision of automobile repair service; and Others. It manufactures products such as Jigs, Stamping dies, and Original equipment manufacturing auto parts, including Floor parts, Cross members, Pillars, Brackets, Clips, and Fuel tanks. Geographically the firm has its presence in the region of Thailand, China, Malaysia, and Portugal from which it derives the majority of its revenue from Thailand. The majority of its revenue is derived from the Manufacture of automobile assembly tools and parts segment.
85GF Score

Get the complete analysis for BKK:AH

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

฿13.90
Price
฿15.88
GF Value