Bless Asset Group PCL (BKK:BLESS) Gross Margin %: 36.69% (As of Mar. 2026) — 12% Above Median


BKK:BLESS Bless Asset Group PCL BKK:BLESS
45 GF Score
Price ฿0.24
GF Value ฿0.38
Valuation Possible Value Trap
! 5 Warning Signs
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What is Bless Asset Group PCL Gross Margin %?

Bless Asset Group PCL BKK:BLESS -4.00% 45 Gross Margin % is 36.69% as of Mar. 2026, which is 12% above its 10-year median of 32.73. GuruFocus rates BKK:BLESS with a GF Score™ of 45/100 and a GF Value™ of ฿0.38 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 1,644 Real Estate companies, Bless Asset Group PCL ranks worse than 53.35% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Bless Asset Group PCL's Gross Profit for the three months ended in Mar. 2026 was ฿51.2 Mil. Bless Asset Group PCL's Revenue for the three months ended in Mar. 2026 was ฿139.5 Mil. Therefore, Bless Asset Group PCL's Gross Margin % for the quarter that ended in Mar. 2026 was 36.69%.


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

BKK:BLESS' s Gross Margin % Range Over the Past 10 Years
Min: 29.86   Med: 32.73   Max: 36.69
Current: 34.19


During the past 8 years, the highest Gross Margin % of Bless Asset Group PCL was 36.69%. The lowest was 29.86%. And the median was 32.73%.

BKK:BLESS's Gross Margin % is ranked worse than
53.35% of 1644 companies
in the Real Estate industry
Industry Median: 36.96 vs BKK:BLESS: 34.19

Bless Asset Group PCL had a gross margin of 36.69% for the quarter that ended in Mar. 2026 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Bless Asset Group PCL was 2.80% per year.


Bless Asset Group PCL  (BKK:BLESS) 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

Bless Asset Group PCL had a gross margin of 36.69% 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.


Bless Asset Group PCL Gross Margin % Related Terms


Bless Asset Group PCL Gross Margin % Historical Data

* Premium members only.

The historical data trend for Bless Asset Group 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.

Bless Asset Group PCL Gross Margin % Chart

Bless Asset Group PCL Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Gross Margin %
Get a 7-Day Free Trial 30.40 29.86 35.32 35.35 32.90

Bless Asset Group PCL Quarterly Data
Mar21 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 32.93 29.42 30.57 38.08 36.69

Bless Asset Group PCL Gross Margin % Competitor Comparison

For the Real Estate - Development subindustry, Bless Asset Group 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.


Bless Asset Group PCL Gross Margin % vs Real Estate Industry

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

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


BKK:BLESS
45GF Score
Bless Asset Group PCL BKK:BLESS
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Bless Asset Group PCL Gross Margin % Calculation

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

Bless Asset Group 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 )
=112.3 / 341.305
=(Revenue - Cost of Goods Sold) / Revenue
=(341.305 - 229.019) / 341.305
=32.90 %

Bless Asset Group 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 )
=51.2 / 139.465
=(Revenue - Cost of Goods Sold) / Revenue
=(139.465 - 88.297) / 139.465
=36.69 %

* 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 36.69% mean?
Bless Asset Group PCL (BKK:BLESS) has a Gross Margin % of 36.69% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Bless Asset Group PCL and its competitors. This is 12% above median its historical median of 32.73. Over the past decade, Bless Asset Group PCL's Gross Margin % has ranged from 29.86 to 36.69. According to the industry distribution chart, Bless Asset Group PCL ranks #877 out of 1644 companies in the Real Estate industry, placing it in the top 53.3%.
Is Bless Asset Group PCL's Gross Margin % too high?
Bless Asset Group PCL's current Gross Margin % of 36.69% is 12% above median its 10-year median of 32.73. Over the past 10 years, this metric has ranged from a low of 29.86 to a high of 36.69. The Real Estate industry median Gross Margin % is 36.96. Bless Asset Group PCL's value of 36.69% is 0.7% below this industry median. Based on the distribution chart, Bless Asset Group PCL ranks #877 out of 1644 companies in the Real Estate industry, which is below the industry midpoint. Overall, Bless Asset Group PCL has a GF Score™ of 45/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Bless Asset Group PCL's Gross Margin % compare to competitors?
According to the Real Estate industry distribution chart, Bless Asset Group PCL ranks #877 out of 1644 companies for Gross Margin %. This places Bless Asset Group PCL in the lower half of its industry. The industry median Gross Margin % is 36.96. Bless Asset Group PCL's value of 36.69% is 0.7% below this benchmark. Historically, Bless Asset Group PCL's own Gross Margin % has ranged from 29.86 to 36.69 over the past decade. While the company's 10-year median is 32.73 vs. the industry median of 36.96, Bless Asset Group 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 Real Estate company?
The median Gross Margin % among Real Estate companies is 36.96, based on 1,644 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. Bless Asset Group PCL's current Gross Margin % of 36.69% is 0.7% 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 Bless Asset Group 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. Bless Asset Group PCL's current Gross Margin % is 36.69%, which is 12% above median its own 10-year median of 32.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bless Asset Group PCL stock overvalued right now?
Based on GuruFocus' analysis, Bless Asset Group PCL (BKK:BLESS) is currently considered Possible Value Trap. The stock's GF Value™ is ฿0.38, compared to a current price of ฿0.24 — trading 36.8% below its estimated fair value. The current Gross Margin % is 36.69%, which is 12% above median its 10-year median of 32.73 and 0.7% below the Real Estate industry median of 36.96. Bless Asset Group PCL's overall GF Score™ is 45/100 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 Bless Asset Group PCL (BKK:BLESS), the current Gross Margin % is 36.69% 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 Bless Asset Group PCL (BKK:BLESS) Overvalued in 2026?

Based on GuruFocus' analysis, Bless Asset Group PCL stock appears to be undervalued. The current stock price of ฿0.24 is trading 36.8% below its estimated GF Value™ of ฿0.38. GuruFocus considers Bless Asset Group PCL to be Possible Value Trap.

Key valuation signals for BKK:BLESS:

  • Gross Margin %: 36.69% (12% above median its 10-year median of 32.73)
  • GF Value™: ฿0.38 vs. price of ฿0.24 (36.8% below fair value)
  • GF Score™: 45/100 with 5 warning signs
  • Industry Position: 0.7% below the Real Estate median (#877 of 1644)

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


Bless Asset Group PCL Business Description

Address 609/154 Nawamin Road, Nuanchan Subdistrict, Bueng Kum District, Bangkok, THA, 10230
Bless Asset Group PCL is engaged in the property development business. The company develops and sells various types of residential real estate, comprising detached houses, semi-detached houses, townhomes, and low-rise condominiums. Geographically, its operations are carried out only in Thailand.
45GF Score

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

฿0.24
Price
฿0.38
GF Value