Bangkok Land PCL (BKK:BLAND) Gross Margin %: 43.38% (As of Mar. 2026) — 11% Above Median


BKK:BLAND Bangkok Land PCL BKK:BLAND
55 GF Score
Price ฿0.45
GF Value ฿0.61
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Bangkok Land PCL Gross Margin %?

Bangkok Land PCL BKK:BLAND 55 Gross Margin % is 43.38% as of Mar. 2026, which is 11% above its 10-year median of 39.06. GuruFocus rates BKK:BLAND with a GF Score™ of 55/100 and a GF Value™ of ฿0.61 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,646 Real Estate companies, Bangkok Land PCL ranks better than 58.51% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Bangkok Land PCL's Gross Profit for the three months ended in Mar. 2026 was ฿433 Mil. Bangkok Land PCL's Revenue for the three months ended in Mar. 2026 was ฿998 Mil. Therefore, Bangkok Land PCL's Gross Margin % for the quarter that ended in Mar. 2026 was 43.38%.


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

BKK:BLAND' s Gross Margin % Range Over the Past 10 Years
Min: 22.9   Med: 39.06   Max: 44.32
Current: 44.32


During the past 13 years, the highest Gross Margin % of Bangkok Land PCL was 44.32%. The lowest was 22.90%. And the median was 39.06%.

BKK:BLAND's Gross Margin % is ranked better than
58.51% of 1646 companies
in the Real Estate industry
Industry Median: 36.96 vs BKK:BLAND: 44.32

Bangkok Land PCL had a gross margin of 43.38% for the quarter that ended in Mar. 2026 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Bangkok Land PCL was 15.00% per year.


Bangkok Land PCL  (BKK:BLAND) 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

Bangkok Land PCL had a gross margin of 43.38% 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.


Bangkok Land PCL Gross Margin % Related Terms


Bangkok Land PCL Gross Margin % Historical Data

* Premium members only.

The historical data trend for Bangkok Land 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.

Bangkok Land PCL Gross Margin % Chart

Bangkok Land 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 23.40 42.63 40.60 40.24 44.32

Bangkok Land 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 41.84 45.64 39.35 47.54 43.38

BKK:BLAND vs CBRE, BEKE, JLL: Gross Margin % Comparison

For the Real Estate Services subindustry, Bangkok Land 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.


Bangkok Land PCL Gross Margin % vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Bangkok Land PCL's Gross Margin % distribution charts can be found below:

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


BKK:BLAND
55GF Score
Bangkok Land PCL BKK:BLAND
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Bangkok Land PCL Gross Margin % Calculation

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

Bangkok Land 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 )
=2044.7 / 4613.611
=(Revenue - Cost of Goods Sold) / Revenue
=(4613.611 - 2568.907) / 4613.611
=44.32 %

Bangkok Land 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 )
=433.2 / 998.482
=(Revenue - Cost of Goods Sold) / Revenue
=(998.482 - 565.298) / 998.482
=43.38 %

* 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 43.38% mean?
Bangkok Land PCL (BKK:BLAND) has a Gross Margin % of 43.38% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Bangkok Land PCL and its competitors. This is 11% above median its historical median of 39.06. Over the past decade, Bangkok Land PCL's Gross Margin % has ranged from 22.90 to 44.32. According to the industry distribution chart, Bangkok Land PCL ranks #683 out of 1646 companies in the Real Estate industry, placing it in the top 41.5%.
Is Bangkok Land PCL's Gross Margin % too high?
Bangkok Land PCL's current Gross Margin % of 43.38% is 11% above median its 10-year median of 39.06. Over the past 10 years, this metric has ranged from a low of 22.90 to a high of 44.32. The Real Estate industry median Gross Margin % is 36.96. Bangkok Land PCL's value of 43.38% is 17.4% above this industry median. Based on the distribution chart, Bangkok Land PCL ranks #683 out of 1646 companies in the Real Estate industry, which is above the industry midpoint. Overall, Bangkok Land PCL has a GF Score™ of 55/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Bangkok Land PCL's Gross Margin % compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Bangkok Land PCL ranks #683 out of 1646 companies for Gross Margin %. This puts Bangkok Land PCL in the upper half of its industry. The industry median Gross Margin % is 36.96. Bangkok Land PCL's value of 43.38% is 17.4% above this benchmark. Historically, Bangkok Land PCL's own Gross Margin % has ranged from 22.90 to 44.32 over the past decade. While the company's 10-year median is 39.06 vs. the industry median of 36.96, Bangkok Land 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 Real Estate company?
The median Gross Margin % among Real Estate companies is 36.96, based on 1,646 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. Bangkok Land PCL's current Gross Margin % of 43.38% is 17.4% 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 Bangkok Land PCL and its competitors. For the Real Estate industry, the median Gross Margin % is 36.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bangkok Land PCL's current Gross Margin % is 43.38%, which is 11% above median its own 10-year median of 39.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bangkok Land PCL stock overvalued right now?
Based on GuruFocus' analysis, Bangkok Land PCL (BKK:BLAND) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿0.61, compared to a current price of ฿0.45 — trading 26.2% below its estimated fair value. The current Gross Margin % is 43.38%, which is 11% above median its 10-year median of 39.06 and 17.4% above the Real Estate industry median of 36.96. Bangkok Land PCL's overall GF Score™ is 55/100 with 3 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 Bangkok Land PCL (BKK:BLAND), the current Gross Margin % is 43.38% 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 Bangkok Land PCL (BKK:BLAND) Overvalued in 2026?

Based on GuruFocus' analysis, Bangkok Land PCL stock appears to be undervalued. The current stock price of ฿0.45 is trading 26.2% below its estimated GF Value™ of ฿0.61. GuruFocus considers Bangkok Land PCL to be Modestly Undervalued.

Key valuation signals for BKK:BLAND:

  • Gross Margin %: 43.38% (11% above median its 10-year median of 39.06)
  • GF Value™: ฿0.61 vs. price of ฿0.45 (26.2% below fair value)
  • GF Score™: 55/100 with 3 warning signs
  • Industry Position: 17.4% above the Real Estate median (#683 of 1646)

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


Bangkok Land PCL Business Description

Address Popular 3 Road, Tambol Bannmai, Amphur Pakkred, 47/569 - 576 Moo 3, 10th Floor, New Geneva Industry Condominium, Ban Mai Subdistrict, Pak Kret District, Nonthaburi Province, Nonthaburi, THA, 11120
Bangkok Land PCL is engaged in real estate development, exhibition and convention, food and beverage, and investments in hotels and education. The Company is committed to developing large-scale urban community projects into modern, all-in-one hubs. It offers a comprehensive range of services, including the Impact Exhibition and Convention Center, hotels, residential projects, commercial buildings, and retail spaces. The area is equipped with complete infrastructure and amenities and is served by the extended Pink Line mass transit system. The Company operates through four segments: Real Estate Business, Retail Business, Exhibition Center Business, and Other Services. The Exhibition Center Business generates the majority of revenue. The Company operates in Thailand.
55GF Score

Get the complete analysis for BKK:BLAND

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

฿0.45
Price
฿0.61
GF Value