Boutique Newcity PCL (BKK:BTNC) Gross Margin %: 55.03% (As of Mar. 2026) — 19% Above Median

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BKK:BTNC Boutique Newcity PCL BKK:BTNC
63 GF Score
Price ฿14.60
GF Value ฿15.05
Valuation Fairly Valued
! 1 Warning Sign
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What is Boutique Newcity PCL Gross Margin %?

Boutique Newcity PCL BKK:BTNC +2.10% 63 Gross Margin % is 55.03% as of Mar. 2026, which is 19% above its 10-year median of 46.37. GuruFocus rates BKK:BTNC with a GF Score™ of 63/100 and a GF Value™ of ฿15.05 (Fairly Valued). The stock has 1 warning sign investors should review. Among 1,120 Retail - Cyclical companies, Boutique Newcity PCL ranks better than 78.39% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Boutique Newcity PCL's Gross Profit for the three months ended in Mar. 2026 was ฿33.4 Mil. Boutique Newcity PCL's Revenue for the three months ended in Mar. 2026 was ฿60.7 Mil. Therefore, Boutique Newcity PCL's Gross Margin % for the quarter that ended in Mar. 2026 was 55.03%.


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

BKK:BTNC' s Gross Margin % Range Over the Past 10 Years
Min: 31.37   Med: 46.37   Max: 55.25
Current: 54.33


During the past 13 years, the highest Gross Margin % of Boutique Newcity PCL was 55.25%. The lowest was 31.37%. And the median was 46.37%.

BKK:BTNC's Gross Margin % is ranked better than
78.39% of 1120 companies
in the Retail - Cyclical industry
Industry Median: 36.255 vs BKK:BTNC: 54.33

Boutique Newcity PCL had a gross margin of 55.03% for the quarter that ended in Mar. 2026 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Boutique Newcity PCL was 7.60% per year.


Boutique Newcity PCL  (BKK:BTNC) 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

Boutique Newcity PCL had a gross margin of 55.03% 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.


Boutique Newcity PCL Gross Margin % Related Terms


Boutique Newcity PCL Gross Margin % Historical Data

* Premium members only.

The historical data trend for Boutique Newcity 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.

Boutique Newcity PCL Gross Margin % Chart

Boutique Newcity 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 31.37 49.88 51.38 47.68 55.25

Boutique Newcity 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 61.30 44.99 65.70 55.55 55.03

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

For the Apparel Retail subindustry, Boutique Newcity 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.


Boutique Newcity PCL Gross Margin % vs Retail - Cyclical Industry

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

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


BKK:BTNC
63GF Score
Boutique Newcity PCL BKK:BTNC
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Boutique Newcity PCL Gross Margin % Calculation

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

Boutique Newcity 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 )
=127.7 / 231.168
=(Revenue - Cost of Goods Sold) / Revenue
=(231.168 - 103.443) / 231.168
=55.25 %

Boutique Newcity 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 )
=33.4 / 60.707
=(Revenue - Cost of Goods Sold) / Revenue
=(60.707 - 27.299) / 60.707
=55.03 %

* 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 55.03% mean?
Boutique Newcity PCL (BKK:BTNC) has a Gross Margin % of 55.03% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Boutique Newcity PCL and its competitors. This is 19% above median its historical median of 46.37. Over the past decade, Boutique Newcity PCL's Gross Margin % has ranged from 31.37 to 55.25. According to the industry distribution chart, Boutique Newcity PCL ranks #242 out of 1120 companies in the Retail - Cyclical industry, placing it in the top 21.6%.
Is Boutique Newcity PCL's Gross Margin % too high?
Boutique Newcity PCL's current Gross Margin % of 55.03% is 19% above median its 10-year median of 46.37. Over the past 10 years, this metric has ranged from a low of 31.37 to a high of 55.25. The Retail - Cyclical industry median Gross Margin % is 36.26. Boutique Newcity PCL's value of 55.03% is 51.8% above this industry median. Based on the distribution chart, Boutique Newcity PCL ranks #242 out of 1120 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position relative to peers. Overall, Boutique Newcity PCL has a GF Score™ of 63/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Boutique Newcity PCL's Gross Margin % compare to TJX and ROST?
According to the Retail - Cyclical industry distribution chart, Boutique Newcity PCL ranks #242 out of 1120 companies for Gross Margin %. This places Boutique Newcity PCL in the top 22% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 36.26. Boutique Newcity PCL's value of 55.03% is 51.8% above this benchmark. Historically, Boutique Newcity PCL's own Gross Margin % has ranged from 31.37 to 55.25 over the past decade. While the company's 10-year median is 46.37 vs. the industry median of 36.26, Boutique Newcity 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 36.26, based on 1,120 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. Boutique Newcity PCL's current Gross Margin % of 55.03% is 51.8% 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 Boutique Newcity PCL and its competitors. For the Retail - Cyclical industry, the median Gross Margin % is 36.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Boutique Newcity PCL's current Gross Margin % is 55.03%, which is 19% above median its own 10-year median of 46.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Boutique Newcity PCL stock overvalued right now?
Based on GuruFocus' analysis, Boutique Newcity PCL (BKK:BTNC) is currently considered Fairly Valued. The stock's GF Value™ is ฿15.05, compared to a current price of ฿14.60 — trading 3% below its estimated fair value. The current Gross Margin % is 55.03%, which is 19% above median its 10-year median of 46.37 and 51.8% above the Retail - Cyclical industry median of 36.26. Boutique Newcity PCL's overall GF Score™ is 63/100 with 1 warning sign 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 Boutique Newcity PCL (BKK:BTNC), the current Gross Margin % is 55.03% 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 Boutique Newcity PCL (BKK:BTNC) Overvalued in 2026?

Based on GuruFocus' analysis, Boutique Newcity PCL stock appears to be undervalued. The current stock price of ฿14.60 is trading 3% below its estimated GF Value™ of ฿15.05. GuruFocus considers Boutique Newcity PCL to be Fairly Valued.

Key valuation signals for BKK:BTNC:

  • Gross Margin %: 55.03% (19% above median its 10-year median of 46.37)
  • GF Value™: ฿15.05 vs. price of ฿14.60 (3% below fair value)
  • GF Score™: 63/100 with 1 warning sign
  • Industry Position: 51.8% above the Retail - Cyclical median (#242 of 1120)

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


Boutique Newcity PCL Business Description

Address Sukhumvit Road, 1112/53-75 Soi Sukhumvit 48, Piyawatchara, Phra Khanong Subdistrict, Khlong Toei District, Bangkok, THA, 10110
Boutique Newcity PCL is engaged in the retail and distribution of garments and fashion apparel products in Thailand.. The company is organized into four segments: Domestic retail, Online, Foreign retail, and Corporate sales. The company derives key revenue from the Domestic retail segment. The company operates mainly in Thailand.
63GF Score

Get the complete analysis for BKK:BTNC

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

฿14.60
Price
฿15.05
GF Value