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Bangkok Sheet Metal PCLBKK:BM -0.85%58 Gross Margin % is 16.54% as of Mar. 2026, which is 6% below its 10-year median of 17.51. GuruFocus rates BKK:BM with a GF Score™ of 58/100 and a GF Value™ of ฿2.79 (Possible Value Trap). The stock has 11 warning signs investors should review. Among 2,996 Industrial Products companies, Bangkok Sheet Metal PCL ranks worse than 77.9% on this metric.
BKK:BM's Gross Margin % is ranked worse than 77.9% of 2996
companies
in the Industrial Products industry
Industry Median: 26.8
vs BKK:BM: 15.91
Bangkok Sheet Metal PCL had a gross margin of 16.54% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage
The 5-Year average Growth Rate of Gross Margin for Bangkok Sheet Metal PCL was -1.50% per year.
Bangkok Sheet Metal PCL (BKK:BM) 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 Sheet Metal PCL had a gross margin of 16.54% 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.
Bangkok Sheet Metal PCL Gross Margin % Related Terms
Bangkok Sheet Metal PCL Gross Margin % Historical Data
* 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.
BKK:BM vs CRS, ATI, MLI: Gross Margin % Comparison
For the Metal Fabrication subindustry, Bangkok Sheet Metal 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 Sheet Metal PCL Gross Margin % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Bangkok Sheet Metal PCL's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Bangkok Sheet Metal PCL's Gross Margin % falls into.
* 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.
Bangkok Sheet Metal PCL (BKK:BM) has a Gross Margin % of 16.54% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Bangkok Sheet Metal PCL and its competitors. This is near median its historical median of 17.51. Over the past decade, Bangkok Sheet Metal PCL's Gross Margin % has ranged from 15.09 to 21.82. According to the industry distribution chart, Bangkok Sheet Metal PCL ranks #2334 out of 2996 companies in the Industrial Products industry, placing it in the top 77.9%.
Is Bangkok Sheet Metal PCL's Gross Margin % too high?
Bangkok Sheet Metal PCL's current Gross Margin % of 16.54% is near median its 10-year median of 17.51. Over the past 10 years, this metric has ranged from a low of 15.09 to a high of 21.82. The Industrial Products industry median Gross Margin % is 26.80. Bangkok Sheet Metal PCL's value of 16.54% is 38.3% below this industry median. Based on the distribution chart, Bangkok Sheet Metal PCL ranks #2334 out of 2996 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Bangkok Sheet Metal PCL has a GF Score™ of 58/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Bangkok Sheet Metal PCL's Gross Margin % compare to CRS and ATI?
According to the Industrial Products industry distribution chart, Bangkok Sheet Metal PCL ranks #2334 out of 2996 companies for Gross Margin %. This places Bangkok Sheet Metal PCL in the lower half of its industry. The industry median Gross Margin % is 26.80. Bangkok Sheet Metal PCL's value of 16.54% is 38.3% below this benchmark. Historically, Bangkok Sheet Metal PCL's own Gross Margin % has ranged from 15.09 to 21.82 over the past decade. While the company's 10-year median is 17.51 vs. the industry median of 26.80, Bangkok Sheet Metal 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 Industrial Products company?
The median Gross Margin % among Industrial Products companies is 26.80, based on 2,996 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 Sheet Metal PCL's current Gross Margin % of 16.54% is 38.3% 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 Bangkok Sheet Metal PCL and its competitors. For the Industrial Products industry, the median Gross Margin % is 26.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bangkok Sheet Metal PCL's current Gross Margin % is 16.54%, which is near median its own 10-year median of 17.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bangkok Sheet Metal PCL stock overvalued right now?
Based on GuruFocus' analysis, Bangkok Sheet Metal PCL (BKK:BM) is currently considered Possible Value Trap. The stock's GF Value™ is ฿2.79, compared to a current price of ฿1.17 — trading 58.1% below its estimated fair value. The current Gross Margin % is 16.54%, which is near median its 10-year median of 17.51 and 38.3% below the Industrial Products industry median of 26.80. Bangkok Sheet Metal PCL's overall GF Score™ is 58/100 with 11 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 Sheet Metal PCL (BKK:BM), the current Gross Margin % is 16.54% 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 Sheet Metal PCL (BKK:BM) Overvalued in 2026?
Based on GuruFocus' analysis, Bangkok Sheet Metal PCL stock appears to be undervalued.
The current stock price of ฿1.17 is trading 58.1% below its estimated GF Value™ of ฿2.79.
GuruFocus considers Bangkok Sheet Metal PCL to be Possible Value Trap.
Key valuation signals for BKK:BM:
Gross Margin %: 16.54% (near median its 10-year median of 17.51)
GF Value™: ฿2.79 vs. price of ฿1.17 (58.1% below fair value)
Industry Position: 38.3% below the Industrial Products median (#2334 of 2996)
No single metric tells the full story. See the BKK:BM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Bangkok Sheet Metal PCL is a Thailand-based company engaged in manufacturing and distributing processed metal products. The company's main products are classified into the categories of Metal trunking and white conduits, Communication racks, cabinets and enclosures, Electrical switchboards and lighting fixtures, Fabrication, and metalworking, Mold and die-making machine tools and equipment, Sheet metal parts, press parts, machine parts, and assembly parts. Its products are mainly used in office buildings, condominiums, superstores, factories, and Bangkok mass transit stations. The company generates the majority of its revenue from the Domestic market.
58GF Score
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Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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