ASEFA PCL (BKK:ASEFA) Gross Margin %: 21.62% (As of Mar. 2026) — Near Median


BKK:ASEFA ASEFA PCL BKK:ASEFA
68 GF Score
Price ฿5.75
GF Value ฿4.45
Valuation Modestly Overvalued
! 8 Warning Signs
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What is ASEFA PCL Gross Margin %?

ASEFA PCL BKK:ASEFA -0.86% 68 Gross Margin % is 21.62% as of Mar. 2026, which is 2% above its 10-year median of 21.20. GuruFocus rates BKK:ASEFA with a GF Score™ of 68/100 and a GF Value™ of ฿4.45 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 2,997 Industrial Products companies, ASEFA PCL ranks worse than 56.72% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. ASEFA PCL's Gross Profit for the three months ended in Mar. 2026 was ฿288 Mil. ASEFA PCL's Revenue for the three months ended in Mar. 2026 was ฿1,332 Mil. Therefore, ASEFA PCL's Gross Margin % for the quarter that ended in Mar. 2026 was 21.62%.


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

BKK:ASEFA' s Gross Margin % Range Over the Past 10 Years
Min: 17.21   Med: 21.2   Max: 25.14
Current: 24.1


During the past 12 years, the highest Gross Margin % of ASEFA PCL was 25.14%. The lowest was 17.21%. And the median was 21.20%.

BKK:ASEFA's Gross Margin % is ranked worse than
56.72% of 2997 companies
in the Industrial Products industry
Industry Median: 26.81 vs BKK:ASEFA: 24.10

ASEFA PCL had a gross margin of 21.62% for the quarter that ended in Mar. 2026 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for ASEFA PCL was 3.50% per year.


ASEFA PCL  (BKK:ASEFA) 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

ASEFA PCL had a gross margin of 21.62% 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.


ASEFA PCL Gross Margin % Related Terms


ASEFA PCL Gross Margin % Historical Data

* Premium members only.

The historical data trend for ASEFA 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.

ASEFA PCL Gross Margin % Chart

ASEFA 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 18.48 17.21 18.55 21.01 24.86

ASEFA 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 23.01 23.01 25.24 26.94 21.62

BKK:ASEFA vs VRT, BE: Gross Margin % Comparison

For the Electrical Equipment & Parts subindustry, ASEFA 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.


ASEFA PCL Gross Margin % vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, ASEFA PCL's Gross Margin % distribution charts can be found below:

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


BKK:ASEFA
68GF Score
ASEFA PCL BKK:ASEFA
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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ASEFA PCL Gross Margin % Calculation

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

ASEFA 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 )
=822 / 3306.435
=(Revenue - Cost of Goods Sold) / Revenue
=(3306.435 - 2484.418) / 3306.435
=24.86 %

ASEFA 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 )
=287.9 / 1331.75
=(Revenue - Cost of Goods Sold) / Revenue
=(1331.75 - 1043.869) / 1331.75
=21.62 %

* 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 21.62% mean?
ASEFA PCL (BKK:ASEFA) has a Gross Margin % of 21.62% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on ASEFA PCL and its competitors. This is near median its historical median of 21.20. Over the past decade, ASEFA PCL's Gross Margin % has ranged from 17.21 to 25.14. According to the industry distribution chart, ASEFA PCL ranks #1700 out of 2997 companies in the Industrial Products industry, placing it in the top 56.7%.
Is ASEFA PCL's Gross Margin % too high?
ASEFA PCL's current Gross Margin % of 21.62% is near median its 10-year median of 21.20. Over the past 10 years, this metric has ranged from a low of 17.21 to a high of 25.14. The Industrial Products industry median Gross Margin % is 26.81. ASEFA PCL's value of 21.62% is 19.4% below this industry median. Based on the distribution chart, ASEFA PCL ranks #1700 out of 2997 companies in the Industrial Products industry, which is below the industry midpoint. Overall, ASEFA PCL has a GF Score™ of 68/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does ASEFA PCL's Gross Margin % compare to VRT and BE?
According to the Industrial Products industry distribution chart, ASEFA PCL ranks #1700 out of 2997 companies for Gross Margin %. This places ASEFA PCL in the lower half of its industry. The industry median Gross Margin % is 26.81. ASEFA PCL's value of 21.62% is 19.4% below this benchmark. Historically, ASEFA PCL's own Gross Margin % has ranged from 17.21 to 25.14 over the past decade. While the company's 10-year median is 21.20 vs. the industry median of 26.81, ASEFA 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 an Industrial Products company?
The median Gross Margin % among Industrial Products companies is 26.81, based on 2,997 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. ASEFA PCL's current Gross Margin % of 21.62% is 19.4% 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 ASEFA PCL and its competitors. For the Industrial Products industry, the median Gross Margin % is 26.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ASEFA PCL's current Gross Margin % is 21.62%, which is near median its own 10-year median of 21.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ASEFA PCL stock overvalued right now?
Based on GuruFocus' analysis, ASEFA PCL (BKK:ASEFA) is currently considered Modestly Overvalued. The stock's GF Value™ is ฿4.45, compared to a current price of ฿5.75 — trading 29.2% above its estimated fair value. The current Gross Margin % is 21.62%, which is near median its 10-year median of 21.20 and 19.4% below the Industrial Products industry median of 26.81. ASEFA PCL's overall GF Score™ is 68/100 with 8 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 ASEFA PCL (BKK:ASEFA), the current Gross Margin % is 21.62% 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 ASEFA PCL (BKK:ASEFA) Overvalued in 2026?

Based on GuruFocus' analysis, ASEFA PCL stock appears to be overvalued. The current stock price of ฿5.75 is trading 29.2% above its estimated GF Value™ of ฿4.45. GuruFocus considers ASEFA PCL to be Modestly Overvalued.

Key valuation signals for BKK:ASEFA:

  • Gross Margin %: 21.62% (near median its 10-year median of 21.20)
  • GF Value™: ฿4.45 vs. price of ฿5.75 (29.2% above fair value)
  • GF Score™: 68/100 with 8 warning signs
  • Industry Position: 19.4% below the Industrial Products median (#1700 of 2997)

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


ASEFA PCL Business Description

Address No.5 Moo 1 Rama 2 Road, Khokkrabue Subdistrict, Muang Samut Sakhon District, Samutsakhon, THA, 74000
ASEFA PCL is a Thailand-based company. It is involved in the manufacturing and distribution of electrical power distribution, switchboard and trunking systems including procuring, distributing and integrated engineering services for electrical power distribution. It operates its business through segments that are Manufacturing, Trading, Services and maintenance and installation and Decommissioning of the Power Plant. The Manufacturing segment generates maximum revenue for the company.
68GF Score

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

฿5.75
Price
฿4.45
GF Value