Ananda Development PCL (BKK:ANAN) Gross Margin %: 23.34% (As of Mar. 2026) — 19% Below Median

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BKK:ANAN Ananda Development PCL BKK:ANAN
29 GF Score
Price ฿0.36
GF Value ฿0.63
Valuation Possible Value Trap
! 5 Warning Signs
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What is Ananda Development PCL Gross Margin %?

Ananda Development PCL BKK:ANAN -2.70% 29 Gross Margin % is 23.34% as of Mar. 2026, which is 19% below its 10-year median of 28.89. GuruFocus rates BKK:ANAN with a GF Score™ of 29/100 and a GF Value™ of ฿0.63 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 1,644 Real Estate companies, Ananda Development PCL ranks worse than 72.63% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Ananda Development PCL's Gross Profit for the three months ended in Mar. 2026 was ฿202 Mil. Ananda Development PCL's Revenue for the three months ended in Mar. 2026 was ฿867 Mil. Therefore, Ananda Development PCL's Gross Margin % for the quarter that ended in Mar. 2026 was 23.34%.

Warning Sign:

Ananda Development PCL gross margin has been in long-term decline. The average rate of decline per year is -7.4%.


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

BKK:ANAN' s Gross Margin % Range Over the Past 10 Years
Min: 7.37   Med: 28.89   Max: 35.96
Current: 21.62


During the past 13 years, the highest Gross Margin % of Ananda Development PCL was 35.96%. The lowest was 7.37%. And the median was 28.89%.

BKK:ANAN's Gross Margin % is ranked worse than
72.63% of 1644 companies
in the Real Estate industry
Industry Median: 36.94 vs BKK:ANAN: 21.62

Ananda Development PCL had a gross margin of 23.34% for the quarter that ended in Mar. 2026 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Ananda Development PCL was -7.40% per year.


Ananda Development PCL  (BKK:ANAN) 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

Ananda Development PCL had a gross margin of 23.34% 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.


Ananda Development PCL Gross Margin % Related Terms


Ananda Development PCL Gross Margin % Historical Data

* Premium members only.

The historical data trend for Ananda Development 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.

Ananda Development PCL Gross Margin % Chart

Ananda Development 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 26.70 20.94 7.37 27.60 21.33

Ananda Development 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 21.17 9.70 23.34 22.72 23.34

Ananda Development PCL Gross Margin % Competitor Comparison

For the Real Estate - Development subindustry, Ananda Development 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.


Ananda Development PCL Gross Margin % vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Ananda Development PCL's Gross Margin % distribution charts can be found below:

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


BKK:ANAN
29GF Score
Ananda Development PCL BKK:ANAN
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Ananda Development PCL Gross Margin % Calculation

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

Ananda Development 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 )
=1200.6 / 5629.815
=(Revenue - Cost of Goods Sold) / Revenue
=(5629.815 - 4429.239) / 5629.815
=21.33 %

Ananda Development 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 )
=202.3 / 866.842
=(Revenue - Cost of Goods Sold) / Revenue
=(866.842 - 664.56) / 866.842
=23.34 %

* 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 23.34% mean?
Ananda Development PCL (BKK:ANAN) has a Gross Margin % of 23.34% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Ananda Development PCL and its competitors. This is 19% below median its historical median of 28.89. Over the past decade, Ananda Development PCL's Gross Margin % has ranged from 7.37 to 35.96. According to the industry distribution chart, Ananda Development PCL ranks #1194 out of 1644 companies in the Real Estate industry, placing it in the top 72.6%.
Is Ananda Development PCL's Gross Margin % too high?
Ananda Development PCL's current Gross Margin % of 23.34% is 19% below median its 10-year median of 28.89. Over the past 10 years, this metric has ranged from a low of 7.37 to a high of 35.96. The Real Estate industry median Gross Margin % is 36.94. Ananda Development PCL's value of 23.34% is 36.8% below this industry median. Based on the distribution chart, Ananda Development PCL ranks #1194 out of 1644 companies in the Real Estate industry, which is below the industry midpoint. Overall, Ananda Development PCL has a GF Score™ of 29/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Ananda Development PCL's Gross Margin % compare to competitors?
According to the Real Estate industry distribution chart, Ananda Development PCL ranks #1194 out of 1644 companies for Gross Margin %. This places Ananda Development PCL in the lower half of its industry. The industry median Gross Margin % is 36.94. Ananda Development PCL's value of 23.34% is 36.8% below this benchmark. Historically, Ananda Development PCL's own Gross Margin % has ranged from 7.37 to 35.96 over the past decade. While the company's 10-year median is 28.89 vs. the industry median of 36.94, Ananda Development 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 Real Estate company?
The median Gross Margin % among Real Estate companies is 36.94, based on 1,644 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. Ananda Development PCL's current Gross Margin % of 23.34% is 36.8% 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 Ananda Development PCL and its competitors. For the Real Estate industry, the median Gross Margin % is 36.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ananda Development PCL's current Gross Margin % is 23.34%, which is 19% below median its own 10-year median of 28.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ananda Development PCL stock overvalued right now?
Based on GuruFocus' analysis, Ananda Development PCL (BKK:ANAN) is currently considered Possible Value Trap. The stock's GF Value™ is ฿0.63, compared to a current price of ฿0.36 — trading 42.9% below its estimated fair value. The current Gross Margin % is 23.34%, which is 19% below median its 10-year median of 28.89 and 36.8% below the Real Estate industry median of 36.94. Ananda Development PCL's overall GF Score™ is 29/100 with 5 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 Ananda Development PCL (BKK:ANAN), the current Gross Margin % is 23.34% 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 Ananda Development PCL (BKK:ANAN) Overvalued in 2026?

Based on GuruFocus' analysis, Ananda Development PCL stock appears to be undervalued. The current stock price of ฿0.36 is trading 42.9% below its estimated GF Value™ of ฿0.63. GuruFocus considers Ananda Development PCL to be Possible Value Trap.

Key valuation signals for BKK:ANAN:

  • Gross Margin %: 23.34% (19% below median its 10-year median of 28.89)
  • GF Value™: ฿0.63 vs. price of ฿0.36 (42.9% below fair value)
  • GF Score™: 29/100 with 5 warning signs
  • Industry Position: 36.8% below the Real Estate median (#1194 of 1644)

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


Ananda Development PCL Business Description

Address Bangna-Trad (Km.10.5) Road, No. 99/1 Moo 14, Soi Windmill Housing Estate, Bangpleeyai, Bangplee, Samutprakarn, THA, 10540
Ananda Development PCL is engaged in developing and selling real estate, providing house construction services, and managing real estate development projects. Along with its subsidiaries, the company's reportable segments are as follows: the Real estate development segment, which develops all types of real estate projects; the Management of real estate development projects segment, which provides management services for real estate projects; the Service apartments segment; and Other segments, which include services relating to real estate brokerage, among other things. A majority of its revenue is generated from the Real estate segment. Geographically, the company mainly operates in Thailand.
29GF Score

Get the complete analysis for BKK:ANAN

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

฿0.36
Price
฿0.63
GF Value