Asian Marine Services PCL (BKK:ASIMAR) Gross Margin %: 19.53% (As of Mar. 2026) — 32% Below Median


BKK:ASIMAR Asian Marine Services PCL BKK:ASIMAR
76 GF Score
Price ฿1.29
GF Value ฿1.91
Valuation Significantly Undervalued
! 5 Warning Signs
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What is Asian Marine Services PCL Gross Margin %?

Asian Marine Services PCL BKK:ASIMAR -0.77% 76 Gross Margin % is 19.53% as of Mar. 2026, which is 32% below its 10-year median of 28.56. GuruFocus rates BKK:ASIMAR with a GF Score™ of 76/100 and a GF Value™ of ฿1.91 (Significantly Undervalued). The stock has 5 warning signs investors should review. Among 342 Aerospace & Defense companies, Asian Marine Services PCL ranks worse than 59.94% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Asian Marine Services PCL's Gross Profit for the three months ended in Mar. 2026 was ฿39.5 Mil. Asian Marine Services PCL's Revenue for the three months ended in Mar. 2026 was ฿202.5 Mil. Therefore, Asian Marine Services PCL's Gross Margin % for the quarter that ended in Mar. 2026 was 19.53%.

Warning Sign:

Asian Marine Services PCL gross margin has been in long-term decline. The average rate of decline per year is -5.2%.


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

BKK:ASIMAR' s Gross Margin % Range Over the Past 10 Years
Min: 16.06   Med: 28.56   Max: 35.74
Current: 22.3


During the past 13 years, the highest Gross Margin % of Asian Marine Services PCL was 35.74%. The lowest was 16.06%. And the median was 28.56%.

BKK:ASIMAR's Gross Margin % is ranked worse than
59.94% of 342 companies
in the Aerospace & Defense industry
Industry Median: 26.65 vs BKK:ASIMAR: 22.30

Asian Marine Services PCL had a gross margin of 19.53% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Asian Marine Services PCL was -5.20% per year.


Asian Marine Services PCL  (BKK:ASIMAR) 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

Asian Marine Services PCL had a gross margin of 19.53% 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.


Asian Marine Services PCL Gross Margin % Related Terms


Asian Marine Services PCL Gross Margin % Historical Data

* Premium members only.

The historical data trend for Asian Marine Services 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.

Asian Marine Services PCL Gross Margin % Chart

Asian Marine Services 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 27.44 16.06 26.36 19.82 22.98

Asian Marine Services 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 22.62 25.35 25.88 16.85 19.53

BKK:ASIMAR vs SPCX, GE, RTX: Gross Margin % Comparison

For the Aerospace & Defense subindustry, Asian Marine Services 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.


Asian Marine Services PCL Gross Margin % vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Asian Marine Services PCL's Gross Margin % distribution charts can be found below:

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


BKK:ASIMAR
76GF Score
Asian Marine Services PCL BKK:ASIMAR
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Asian Marine Services PCL Gross Margin % Calculation

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

Asian Marine Services 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 )
=211.5 / 920.409
=(Revenue - Cost of Goods Sold) / Revenue
=(920.409 - 708.902) / 920.409
=22.98 %

Asian Marine Services 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 )
=39.5 / 202.473
=(Revenue - Cost of Goods Sold) / Revenue
=(202.473 - 162.927) / 202.473
=19.53 %

* 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 19.53% mean?
Asian Marine Services PCL (BKK:ASIMAR) has a Gross Margin % of 19.53% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Asian Marine Services PCL and its competitors. This is 32% below median its historical median of 28.56. Over the past decade, Asian Marine Services PCL's Gross Margin % has ranged from 16.06 to 35.74. According to the industry distribution chart, Asian Marine Services PCL ranks #205 out of 342 companies in the Aerospace & Defense industry, placing it in the top 59.9%.
Is Asian Marine Services PCL's Gross Margin % too high?
Asian Marine Services PCL's current Gross Margin % of 19.53% is 32% below median its 10-year median of 28.56. Over the past 10 years, this metric has ranged from a low of 16.06 to a high of 35.74. The Aerospace & Defense industry median Gross Margin % is 26.65. Asian Marine Services PCL's value of 19.53% is 26.7% below this industry median. Based on the distribution chart, Asian Marine Services PCL ranks #205 out of 342 companies in the Aerospace & Defense industry, which is below the industry midpoint. Overall, Asian Marine Services PCL has a GF Score™ of 76/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Asian Marine Services PCL's Gross Margin % compare to SPCX and GE?
According to the Aerospace & Defense industry distribution chart, Asian Marine Services PCL ranks #205 out of 342 companies for Gross Margin %. This places Asian Marine Services PCL in the lower half of its industry. The industry median Gross Margin % is 26.65. Asian Marine Services PCL's value of 19.53% is 26.7% below this benchmark. Historically, Asian Marine Services PCL's own Gross Margin % has ranged from 16.06 to 35.74 over the past decade. While the company's 10-year median is 28.56 vs. the industry median of 26.65, Asian Marine Services 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 Aerospace & Defense company?
The median Gross Margin % among Aerospace & Defense companies is 26.65, based on 342 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. Asian Marine Services PCL's current Gross Margin % of 19.53% is 26.7% 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 Asian Marine Services PCL and its competitors. For the Aerospace & Defense industry, the median Gross Margin % is 26.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Asian Marine Services PCL's current Gross Margin % is 19.53%, which is 32% below median its own 10-year median of 28.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asian Marine Services PCL stock overvalued right now?
Based on GuruFocus' analysis, Asian Marine Services PCL (BKK:ASIMAR) is currently considered Significantly Undervalued. The stock's GF Value™ is ฿1.91, compared to a current price of ฿1.29 — trading 32.5% below its estimated fair value. The current Gross Margin % is 19.53%, which is 32% below median its 10-year median of 28.56 and 26.7% below the Aerospace & Defense industry median of 26.65. Asian Marine Services PCL's overall GF Score™ is 76/100 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 Asian Marine Services PCL (BKK:ASIMAR), the current Gross Margin % is 19.53% 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 Asian Marine Services PCL (BKK:ASIMAR) Overvalued in 2026?

Based on GuruFocus' analysis, Asian Marine Services PCL stock appears to be undervalued. The current stock price of ฿1.29 is trading 32.5% below its estimated GF Value™ of ฿1.91. GuruFocus considers Asian Marine Services PCL to be Significantly Undervalued.

Key valuation signals for BKK:ASIMAR:

  • Gross Margin %: 19.53% (32% below median its 10-year median of 28.56)
  • GF Value™: ฿1.91 vs. price of ฿1.29 (32.5% below fair value)
  • GF Score™: 76/100 with 5 warning signs
  • Industry Position: 26.7% below the Aerospace & Defense median (#205 of 342)

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


Asian Marine Services PCL Business Description

Address 128 Moo 3 Suksawad Road, Laemfapa, Prasamutjedee, Samutprakan, THA, 10290
Asian Marine Services PCL is principally engaged in the shipbuilding and ship repair services. It provides services such as ship repair, shipbuilding, engineering construction projects such as steel structures, airport passenger walkways, and oil rig construction, etc. The company and its subsidiaries' business operations involve three principal segments, namely, Ship Repairing, Shipbuilding, and Ship Supply. The majority of the company's revenue is derived from the Ship repairing segment. Geographically, it operates mainly in Thailand.
76GF Score

Get the complete analysis for BKK:ASIMAR

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

฿1.29
Price
฿1.91
GF Value