Banpu Power PCLBKK:BPP-R 82 Gross Margin % is 17.98% as of Mar. 2026, which is 8% below its 10-year median of 19.53. GuruFocus rates BKK:BPP-R with a GF Score™ of 82/100 and a GF Value™ of ฿10.29. The stock has 6 warning signs investors should review. Among 403 Utilities - Independent Power Producers companies, Banpu Power PCL ranks worse than 72.21% on this metric.
The historical rank and industry rank for Banpu Power PCL's Gross Margin % or its related term are showing as below:
BKK:BPP-R'
s Gross Margin % Range Over the Past 10 Years
Min: -0.59 Med: 19.53 Max: 34.95
Current: 17.98
During the past 13 years, the highestGross Margin % of Banpu Power PCL was 34.95%. The lowest was -0.59%. And the median was 19.53%.
BKK:BPP-R's Gross Margin % is ranked worse than 72.21% of 403
companies
in the Utilities - Independent Power Producers industry
Industry Median: 31.35
vs BKK:BPP-R: 17.98
Banpu Power PCL had a gross margin of 17.98% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage
The 5-Year average Growth Rate of Gross Margin for Banpu Power PCL was 0.00% per year.
Banpu Power PCL (BKK:BPP-R) 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
Banpu Power PCL had a gross margin of 17.98% 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.
Banpu Power PCL Gross Margin % Related Terms
Banpu Power PCL Gross Margin % Historical Data
* Premium members only.
The historical data trend for Banpu Power 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.
BKK:BPP-R vs CEG, VST, NRG: Gross Margin % Comparison
For the Utilities - Independent Power Producers subindustry, Banpu Power 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.
Banpu Power PCL Gross Margin % vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Banpu Power PCL's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Banpu Power 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.
Banpu Power PCL (BKK:BPP-R) has a Gross Margin % of 17.98% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Banpu Power PCL and its competitors. This is near median its historical median of 19.53. According to the industry distribution chart, Banpu Power PCL ranks #291 out of 403 companies in the Utilities - Independent Power Producers industry, placing it in the top 72.2%.
Is Banpu Power PCL's Gross Margin % too high?
Banpu Power PCL's current Gross Margin % of 17.98% is near median its 10-year median of 19.53. The Utilities - Independent Power Producers industry median Gross Margin % is 31.35. Banpu Power PCL's value of 17.98% is 42.6% below this industry median. Based on the distribution chart, Banpu Power PCL ranks #291 out of 403 companies in the Utilities - Independent Power Producers industry, which is below the industry midpoint. Overall, Banpu Power PCL has a GF Score™ of 82/100, reflecting its overall financial health beyond just this single metric.
How does Banpu Power PCL's Gross Margin % compare to CEG and VST?
According to the Utilities - Independent Power Producers industry distribution chart, Banpu Power PCL ranks #291 out of 403 companies for Gross Margin %. This places Banpu Power PCL in the lower half of its industry. The industry median Gross Margin % is 31.35. Banpu Power PCL's value of 17.98% is 42.6% below this benchmark. While the company's 10-year median is 19.53 vs. the industry median of 31.35, Banpu Power 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 Utilities - Independent Power Producers company?
The median Gross Margin % among Utilities - Independent Power Producers companies is 31.35, based on 403 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. Banpu Power PCL's current Gross Margin % of 17.98% is 42.6% 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 Banpu Power PCL and its competitors. For the Utilities - Independent Power Producers industry, the median Gross Margin % is 31.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Banpu Power PCL's current Gross Margin % is 17.98%, which is near median its own 10-year median of 19.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Banpu Power PCL stock overvalued right now?
Banpu Power PCL (BKK:BPP-R) has a current Gross Margin % of 17.98%. The stock's GF Value™ is ฿10.29, compared to a current price of ฿10.10 — trading 1.8% below its estimated fair value. The current Gross Margin % is 17.98%, which is near median its 10-year median of 19.53 and 42.6% below the Utilities - Independent Power Producers industry median of 31.35. Banpu Power PCL's overall GF Score™ is 82/100 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 Banpu Power PCL (BKK:BPP-R), the current Gross Margin % is 17.98% 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 Banpu Power PCL (BKK:BPP-R) Overvalued in 2026?
Based on GuruFocus' analysis, Banpu Power PCL stock appears to be undervalued.
The current stock price of ฿10.10 is trading 1.8% below its estimated GF Value™ of ฿10.29.
Key valuation signals for BKK:BPP-R:
Gross Margin %: 17.98% (near median its 10-year median of 19.53)
GF Value™: ฿10.29 vs. price of ฿10.10 (1.8% below fair value)
Industry Position: 42.6% below the Utilities - Independent Power Producers median (#291 of 403)
No single metric tells the full story. See the BKK:BPP-R stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Banpu Power PCL is engaged in investments in power businesses in Thailand and overseas. The business activities of the group include the generation and sale of electricity and other related business. The company's business segments include Power+: Power generation from thermal and renewable energy sources, both domestically and internationally. Second segment being Future Tech: Battery energy storage systems, solar rooftop and floating solar systems, battery production, energy trading, e-mobility, and energy efficiency businesses. Geographically, the company has its presence in the United States which is the key revenue driver, China, and other regions.
82GF 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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