BGT PCL (BKK:BGT) Gross Margin %: 59.07% (As of Mar. 2026) — 14% Above Median

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BKK:BGT BGT Corp PCL BKK:BGT
43 GF Score
Price ฿0.41
GF Value ฿0.57
Valuation Modestly Undervalued
! 5 Warning Signs
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What is BGT PCL Gross Margin %?

BGT PCL BKK:BGT 43 Gross Margin % is 59.07% as of Mar. 2026, which is 14% above its 10-year median of 52.00. GuruFocus rates BKK:BGT with a GF Score™ of 43/100 and a GF Value™ of ฿0.57 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 1,117 Retail - Cyclical companies, BGT PCL ranks better than 83.08% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. BGT PCL's Gross Profit for the three months ended in Mar. 2026 was ฿85.5 Mil. BGT PCL's Revenue for the three months ended in Mar. 2026 was ฿144.7 Mil. Therefore, BGT PCL's Gross Margin % for the quarter that ended in Mar. 2026 was 59.07%.


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

BKK:BGT' s Gross Margin % Range Over the Past 10 Years
Min: 46.04   Med: 52   Max: 57.9
Current: 57.44


During the past 13 years, the highest Gross Margin % of BGT PCL was 57.90%. The lowest was 46.04%. And the median was 52.00%.

BKK:BGT's Gross Margin % is ranked better than
83.08% of 1117 companies
in the Retail - Cyclical industry
Industry Median: 36.29 vs BKK:BGT: 57.44

BGT PCL had a gross margin of 59.07% for the quarter that ended in Mar. 2026 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for BGT PCL was 2.20% per year.


BGT PCL  (BKK:BGT) 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

BGT PCL had a gross margin of 59.07% for the quarter that ended in Mar. 2026 => Durable 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.


BGT PCL Gross Margin % Related Terms


BGT PCL Gross Margin % Historical Data

* Premium members only.

The historical data trend for BGT 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.

BGT PCL Gross Margin % Chart

BGT 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 54.21 57.90 56.78 55.49 57.36

BGT 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 58.73 57.21 56.98 56.71 59.07

BKK:BGT vs TJX, ROST, BURL: Gross Margin % Comparison

For the Apparel Retail subindustry, BGT 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.


BGT PCL Gross Margin % vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, BGT PCL's Gross Margin % distribution charts can be found below:

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


BKK:BGT
43GF Score
BGT Corp PCL BKK:BGT
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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BGT PCL Gross Margin % Calculation

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

BGT 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 )
=348.4 / 607.299
=(Revenue - Cost of Goods Sold) / Revenue
=(607.299 - 258.925) / 607.299
=57.36 %

BGT 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 )
=85.5 / 144.665
=(Revenue - Cost of Goods Sold) / Revenue
=(144.665 - 59.209) / 144.665
=59.07 %

* 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 59.07% mean?
BGT PCL (BKK:BGT) has a Gross Margin % of 59.07% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on BGT PCL and its competitors. This is 14% above median its historical median of 52.00. Over the past decade, BGT PCL's Gross Margin % has ranged from 46.04 to 57.90. According to the industry distribution chart, BGT PCL ranks #189 out of 1117 companies in the Retail - Cyclical industry, placing it in the top 16.9%.
Is BGT PCL's Gross Margin % too high?
BGT PCL's current Gross Margin % of 59.07% is 14% above median its 10-year median of 52.00. Over the past 10 years, this metric has ranged from a low of 46.04 to a high of 57.90. The Retail - Cyclical industry median Gross Margin % is 36.29. BGT PCL's value of 59.07% is 62.8% above this industry median. Based on the distribution chart, BGT PCL ranks #189 out of 1117 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position relative to peers. Overall, BGT PCL has a GF Score™ of 43/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does BGT PCL's Gross Margin % compare to TJX and ROST?
According to the Retail - Cyclical industry distribution chart, BGT PCL ranks #189 out of 1117 companies for Gross Margin %. This places BGT PCL in the top 17% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 36.29. BGT PCL's value of 59.07% is 62.8% above this benchmark. Historically, BGT PCL's own Gross Margin % has ranged from 46.04 to 57.90 over the past decade. While the company's 10-year median is 52.00 vs. the industry median of 36.29, BGT PCL has consistently been above 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 Retail - Cyclical company?
The median Gross Margin % among Retail - Cyclical companies is 36.29, based on 1,117 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. BGT PCL's current Gross Margin % of 59.07% is 62.8% above 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 BGT PCL and its competitors. For the Retail - Cyclical industry, the median Gross Margin % is 36.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BGT PCL's current Gross Margin % is 59.07%, which is 14% above median its own 10-year median of 52.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BGT PCL stock overvalued right now?
Based on GuruFocus' analysis, BGT PCL (BKK:BGT) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿0.57, compared to a current price of ฿0.41 — trading 28.1% below its estimated fair value. The current Gross Margin % is 59.07%, which is 14% above median its 10-year median of 52.00 and 62.8% above the Retail - Cyclical industry median of 36.29. BGT PCL's overall GF Score™ is 43/100 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 BGT PCL (BKK:BGT), the current Gross Margin % is 59.07% 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 BGT PCL (BKK:BGT) Overvalued in 2026?

Based on GuruFocus' analysis, BGT PCL stock appears to be undervalued. The current stock price of ฿0.41 is trading 28.1% below its estimated GF Value™ of ฿0.57. GuruFocus considers BGT PCL to be Modestly Undervalued.

Key valuation signals for BKK:BGT:

  • Gross Margin %: 59.07% (14% above median its 10-year median of 52.00)
  • GF Value™: ฿0.57 vs. price of ฿0.41 (28.1% below fair value)
  • GF Score™: 43/100 with 5 warning signs
  • Industry Position: 62.8% above the Retail - Cyclical median (#189 of 1117)

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


BGT PCL Business Description

Address 188 Suwinthawong Road, Minburi Subdistrict, Minburi District, Bangkok, THA, 10510
BGT Corp PCL operates in the retail business of ready-to-wear apparel and related accessories under the trademark of Body Glove. The company offers men's clothing and women's clothing, as well as accessories, including bags, luggage, hats, socks and others. It operates in Thailand.
43GF Score

Get the complete analysis for BKK:BGT

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

฿0.41
Price
฿0.57
GF Value