Birla Carbon (Thailand) PCL (BKK:BCT) Gross Margin %: 13.06% (As of Mar. 2026) — 49% Below Median


BKK:BCT Birla Carbon (Thailand) PCL BKK:BCT
79 GF Score
Price ฿50.00
GF Value ฿42.55
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Birla Carbon (Thailand) PCL Gross Margin %?

Birla Carbon (Thailand) PCL BKK:BCT 79 Gross Margin % is 13.06% as of Mar. 2026, which is 49% below its 10-year median of 25.57. GuruFocus rates BKK:BCT with a GF Score™ of 79/100 and a GF Value™ of ฿42.55 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 1,560 Chemicals companies, Birla Carbon (Thailand) PCL ranks worse than 66.54% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Birla Carbon (Thailand) PCL's Gross Profit for the three months ended in Mar. 2026 was ฿321 Mil. Birla Carbon (Thailand) PCL's Revenue for the three months ended in Mar. 2026 was ฿2,458 Mil. Therefore, Birla Carbon (Thailand) PCL's Gross Margin % for the quarter that ended in Mar. 2026 was 13.06%.

Warning Sign:

Birla Carbon (Thailand) PCL gross margin has been in long-term decline. The average rate of decline per year is -18.2%.


The historical rank and industry rank for Birla Carbon (Thailand) PCL's Gross Margin % or its related term are showing as below:

BKK:BCT' s Gross Margin % Range Over the Past 10 Years
Min: 13.96   Med: 25.57   Max: 99.92
Current: 17.08


During the past 13 years, the highest Gross Margin % of Birla Carbon (Thailand) PCL was 99.92%. The lowest was 13.96%. And the median was 25.57%.

BKK:BCT's Gross Margin % is ranked worse than
66.54% of 1560 companies
in the Chemicals industry
Industry Median: 23.36 vs BKK:BCT: 17.08

Birla Carbon (Thailand) PCL had a gross margin of 13.06% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Birla Carbon (Thailand) PCL was -18.20% per year.


Birla Carbon (Thailand) PCL  (BKK:BCT) 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

Birla Carbon (Thailand) PCL had a gross margin of 13.06% 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.


Birla Carbon (Thailand) PCL Gross Margin % Related Terms


Birla Carbon (Thailand) PCL Gross Margin % Historical Data

* Premium members only.

The historical data trend for Birla Carbon (Thailand) 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.

Birla Carbon (Thailand) PCL Gross Margin % Chart

Birla Carbon (Thailand) PCL Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 99.92 13.96 21.11 17.80 17.08

Birla Carbon (Thailand) 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 17.46 20.22 18.94 15.94 13.06

BKK:BCT vs LIN, SHW, ECL: Gross Margin % Comparison

For the Specialty Chemicals subindustry, Birla Carbon (Thailand) 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.


Birla Carbon (Thailand) PCL Gross Margin % vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Birla Carbon (Thailand) PCL's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Birla Carbon (Thailand) PCL's Gross Margin % falls into.


BKK:BCT
79GF Score
Birla Carbon (Thailand) PCL BKK:BCT
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Birla Carbon (Thailand) PCL Gross Margin % Calculation

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

Birla Carbon (Thailand) PCL's Gross Margin for the fiscal year that ended in Mar. 2026 is calculated as

Gross Margin % (A: Mar. 2026 )=Gross Profit (A: Mar. 2026 ) / Revenue (A: Mar. 2026 )
=1632 / 9553.942
=(Revenue - Cost of Goods Sold) / Revenue
=(9553.942 - 7921.922) / 9553.942
=17.08 %

Birla Carbon (Thailand) 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 )
=321 / 2458.391
=(Revenue - Cost of Goods Sold) / Revenue
=(2458.391 - 2137.397) / 2458.391
=13.06 %

* 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 13.06% mean?
Birla Carbon (Thailand) PCL (BKK:BCT) has a Gross Margin % of 13.06% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Birla Carbon (Thailand) PCL and its competitors. This is 49% below median its historical median of 25.57. Over the past decade, Birla Carbon (Thailand) PCL's Gross Margin % has ranged from 13.96 to 99.92. According to the industry distribution chart, Birla Carbon (Thailand) PCL ranks #1038 out of 1560 companies in the Chemicals industry, placing it in the top 66.5%.
Is Birla Carbon (Thailand) PCL's Gross Margin % too high?
Birla Carbon (Thailand) PCL's current Gross Margin % of 13.06% is 49% below median its 10-year median of 25.57. Over the past 10 years, this metric has ranged from a low of 13.96 to a high of 99.92. The Chemicals industry median Gross Margin % is 23.36. Birla Carbon (Thailand) PCL's value of 13.06% is 44.1% below this industry median. Based on the distribution chart, Birla Carbon (Thailand) PCL ranks #1038 out of 1560 companies in the Chemicals industry, which is below the industry midpoint. Overall, Birla Carbon (Thailand) PCL has a GF Score™ of 79/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Birla Carbon (Thailand) PCL's Gross Margin % compare to LIN and SHW?
According to the Chemicals industry distribution chart, Birla Carbon (Thailand) PCL ranks #1038 out of 1560 companies for Gross Margin %. This places Birla Carbon (Thailand) PCL in the lower half of its industry. The industry median Gross Margin % is 23.36. Birla Carbon (Thailand) PCL's value of 13.06% is 44.1% below this benchmark. Historically, Birla Carbon (Thailand) PCL's own Gross Margin % has ranged from 13.96 to 99.92 over the past decade. While the company's 10-year median is 25.57 vs. the industry median of 23.36, Birla Carbon (Thailand) 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 Chemicals company?
The median Gross Margin % among Chemicals companies is 23.36, based on 1,560 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. Birla Carbon (Thailand) PCL's current Gross Margin % of 13.06% is 44.1% 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 Birla Carbon (Thailand) PCL and its competitors. For the Chemicals industry, the median Gross Margin % is 23.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Birla Carbon (Thailand) PCL's current Gross Margin % is 13.06%, which is 49% below median its own 10-year median of 25.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Birla Carbon (Thailand) PCL stock overvalued right now?
Based on GuruFocus' analysis, Birla Carbon (Thailand) PCL (BKK:BCT) is currently considered Modestly Overvalued. The stock's GF Value™ is ฿42.55, compared to a current price of ฿50.00 — trading 17.5% above its estimated fair value. The current Gross Margin % is 13.06%, which is 49% below median its 10-year median of 25.57 and 44.1% below the Chemicals industry median of 23.36. Birla Carbon (Thailand) PCL's overall GF Score™ is 79/100 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 Birla Carbon (Thailand) PCL (BKK:BCT), the current Gross Margin % is 13.06% 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 Birla Carbon (Thailand) PCL (BKK:BCT) Overvalued in 2026?

Based on GuruFocus' analysis, Birla Carbon (Thailand) PCL stock appears to be overvalued. The current stock price of ฿50.00 is trading 17.5% above its estimated GF Value™ of ฿42.55. GuruFocus considers Birla Carbon (Thailand) PCL to be Modestly Overvalued.

Key valuation signals for BKK:BCT:

  • Gross Margin %: 13.06% (49% below median its 10-year median of 25.57)
  • GF Value™: ฿42.55 vs. price of ฿50.00 (17.5% above fair value)
  • GF Score™: 79/100 with 6 warning signs
  • Industry Position: 44.1% below the Chemicals median (#1038 of 1560)

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


Birla Carbon (Thailand) PCL Business Description

Address Ploenchit Road, 888/122, 888/128 Mahatun Plaza Building, 16th Floor, Lumpini, Patumwan, Bangkok, THA, 10330
Birla Carbon (Thailand) PCL through its subsidiaries operates as a manufacturer and supplier of carbon black additives for distribution to international markets. Carbon black is the flagship business of the Aditya Birla Group. Its product offering categories include Rubber Products, Rubber - Birla Carbon 3000 Series, Specialty Products, Specialty Post-Treated Products, and Form Letters. Geographically, it derives a majority of revenue from Thailand and also has a presence in Japan, Indonesia, Vietnam, Malaysia, and Other countries. The company serves Tires, Specialty Blacks and Mechanical Rubber Goods market.
79GF Score

Get the complete analysis for BKK:BCT

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

฿50.00
Price
฿42.55
GF Value