Asia Precision PCL (BKK:APCS) Gross Margin %: -7.34% (As of Mar. 2026)


BKK:APCS Asia Precision PCL BKK:APCS
50 GF Score
Price ฿1.37
GF Value ฿1.09
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Asia Precision PCL Gross Margin %?

Asia Precision PCL BKK:APCS -3.52% 50 Gross Margin % is -7.34% as of Mar. 2026. GuruFocus rates BKK:APCS with a GF Score™ of 50/100 and a GF Value™ of ฿1.09 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 1,724 Construction companies, Asia Precision PCL ranks worse than 98.72% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Asia Precision PCL's Gross Profit for the three months ended in Mar. 2026 was ฿-10.9 Mil. Asia Precision PCL's Revenue for the three months ended in Mar. 2026 was ฿147.9 Mil. Therefore, Asia Precision PCL's Gross Margin % for the quarter that ended in Mar. 2026 was -7.34%.


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

BKK:APCS' s Gross Margin % Range Over the Past 10 Years
Min: -19.71   Med: 13.13   Max: 22.62
Current: -19.71


During the past 13 years, the highest Gross Margin % of Asia Precision PCL was 22.62%. The lowest was -19.71%. And the median was 13.13%.

BKK:APCS's Gross Margin % is ranked worse than
98.72% of 1724 companies
in the Construction industry
Industry Median: 20.705 vs BKK:APCS: -19.71

Asia Precision PCL had a gross margin of -7.34% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Asia Precision PCL was 0.00% per year.


Asia Precision PCL  (BKK:APCS) 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

Asia Precision PCL had a gross margin of -7.34% 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.


Asia Precision PCL Gross Margin % Related Terms


Asia Precision PCL Gross Margin % Historical Data

* Premium members only.

The historical data trend for Asia Precision 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.

Asia Precision PCL Gross Margin % Chart

Asia Precision 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 12.72 -3.87 7.11 5.26 -18.44

Asia Precision 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 -8.85 -8.86 -18.32 -60.78 -7.34

BKK:APCS vs PWR, FIX, EME: Gross Margin % Comparison

For the Engineering & Construction subindustry, Asia Precision 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.


Asia Precision PCL Gross Margin % vs Construction Industry

For the Construction industry and Industrials sector, Asia Precision PCL's Gross Margin % distribution charts can be found below:

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


BKK:APCS
50GF Score
Asia Precision PCL BKK:APCS
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Asia Precision PCL Gross Margin % Calculation

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

Asia Precision 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 )
=-168.5 / 914.036
=(Revenue - Cost of Goods Sold) / Revenue
=(914.036 - 1082.579) / 914.036
=-18.44 %

Asia Precision 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 )
=-10.9 / 147.949
=(Revenue - Cost of Goods Sold) / Revenue
=(147.949 - 158.811) / 147.949
=-7.34 %

* 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 -7.34% mean?
Asia Precision PCL (BKK:APCS) has a Gross Margin % of -7.34% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Asia Precision PCL and its competitors. According to the industry distribution chart, Asia Precision PCL ranks #1702 out of 1724 companies in the Construction industry, placing it in the top 98.7%.
Is Asia Precision PCL's Gross Margin % too high?
Asia Precision PCL's current Gross Margin % is -7.34%. Based on the distribution chart, Asia Precision PCL ranks #1702 out of 1724 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Asia Precision PCL has a GF Score™ of 50/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Asia Precision PCL's Gross Margin % compare to PWR and FIX?
According to the Construction industry distribution chart, Asia Precision PCL ranks #1702 out of 1724 companies for Gross Margin %. This places Asia Precision PCL in the lower half of its industry. The industry median Gross Margin % is 20.71. 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 Construction company?
The median Gross Margin % among Construction companies is 20.71, based on 1,724 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. 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 Asia Precision PCL and its competitors. For the Construction industry, the median Gross Margin % is 20.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Asia Precision PCL's current Gross Margin % is -7.34%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asia Precision PCL stock overvalued right now?
Based on GuruFocus' analysis, Asia Precision PCL (BKK:APCS) is currently considered Modestly Overvalued. The stock's GF Value™ is ฿1.09, compared to a current price of ฿1.37 — trading 25.7% above its estimated fair value. The current Gross Margin % is -7.34%. Asia Precision PCL's overall GF Score™ is 50/100 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 Asia Precision PCL (BKK:APCS), the current Gross Margin % is -7.34% 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 Asia Precision PCL (BKK:APCS) Overvalued in 2026?

Based on GuruFocus' analysis, Asia Precision PCL stock appears to be overvalued. The current stock price of ฿1.37 is trading 25.7% above its estimated GF Value™ of ฿1.09. GuruFocus considers Asia Precision PCL to be Modestly Overvalued.

Key valuation signals for BKK:APCS:

  • Gross Margin %: -7.34%
  • GF Value™: ฿1.09 vs. price of ฿1.37 (25.7% above fair value)
  • GF Score™: 50/100 with 6 warning signs

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


Asia Precision PCL Business Description

Address Sunphawut Road, 223/53, 13th Floor, Country Complex Tower A, Bangna Tai, Bangna, Bangkok, THA, 10260
Asia Precision PCL, along with its subsidiaries, is principally engaged in engineering and construction (EPC) businesses both domestically and internationally. It is also involved in the parts manufacturing and water distribution business. The operating segments of the group are Mining, EPC, Sales of building materials and administration, and Water resource management. The company has main revenues from the EPC business. Geographically, the group operates in Thailand, Mongolia and Vietnam, of which prime revenue is earned in Thailand.
50GF Score

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

฿1.37
Price
฿1.09
GF Value