BT Wealth Industries PCL (BKK:BTW) Gross Margin %: -102.45% (As of Mar. 2026)


What is BT Wealth Industries PCL Gross Margin %?

BT Wealth Industries PCL BKK:BTW +14.29% Gross Margin % is -102.45% as of Mar. 2026. The stock has 2 warning signs investors should review. Among 2,992 Industrial Products companies, BT Wealth Industries PCL ranks worse than 97.86% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. BT Wealth Industries PCL's Gross Profit for the three months ended in Mar. 2026 was ฿-35.3 Mil. BT Wealth Industries PCL's Revenue for the three months ended in Mar. 2026 was ฿34.5 Mil. Therefore, BT Wealth Industries PCL's Gross Margin % for the quarter that ended in Mar. 2026 was -102.45%.


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

BKK:BTW' s Gross Margin % Range Over the Past 10 Years
Min: -98.05   Med: 1.7   Max: 11.56
Current: -5.33


During the past 12 years, the highest Gross Margin % of BT Wealth Industries PCL was 11.56%. The lowest was -98.05%. And the median was 1.70%.

BKK:BTW's Gross Margin % is ranked worse than
97.86% of 2992 companies
in the Industrial Products industry
Industry Median: 26.82 vs BKK:BTW: -5.33

BT Wealth Industries PCL had a gross margin of -102.45% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for BT Wealth Industries PCL was 0.00% per year.


BT Wealth Industries PCL  (BKK:BTW) 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

BT Wealth Industries PCL had a gross margin of -102.45% 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.


BT Wealth Industries PCL Gross Margin % Related Terms


BT Wealth Industries PCL Gross Margin % Historical Data

* Premium members only.

The historical data trend for BT Wealth Industries 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.

BT Wealth Industries PCL Gross Margin % Chart

BT Wealth Industries 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 -4.97 6.96 -98.05 -9.84 0.42

BT Wealth Industries 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 -8.23 -1.02 -8.14 21.49 -102.45

BKK:BTW vs CRS, ATI, MLI: Gross Margin % Comparison

For the Metal Fabrication subindustry, BT Wealth Industries 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.


BT Wealth Industries PCL Gross Margin % vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, BT Wealth Industries PCL's Gross Margin % distribution charts can be found below:

* The bar in red indicates where BT Wealth Industries PCL's Gross Margin % falls into.



BT Wealth Industries PCL Gross Margin % Calculation

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

BT Wealth Industries 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 )
=2.3 / 533.608
=(Revenue - Cost of Goods Sold) / Revenue
=(533.608 - 531.345) / 533.608
=0.42 %

BT Wealth Industries 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 )
=-35.3 / 34.5
=(Revenue - Cost of Goods Sold) / Revenue
=(34.5 - 69.845) / 34.5
=-102.45 %

* 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 -102.45% mean?
BT Wealth Industries PCL (BKK:BTW) has a Gross Margin % of -102.45% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on BT Wealth Industries PCL and its competitors. According to the industry distribution chart, BT Wealth Industries PCL ranks #2928 out of 2992 companies in the Industrial Products industry, placing it in the top 97.9%.
Is BT Wealth Industries PCL's Gross Margin % too high?
BT Wealth Industries PCL's current Gross Margin % is -102.45%. Based on the distribution chart, BT Wealth Industries PCL ranks #2928 out of 2992 companies in the Industrial Products industry, which is in the bottom quartile relative to peers.
How does BT Wealth Industries PCL's Gross Margin % compare to CRS and ATI?
According to the Industrial Products industry distribution chart, BT Wealth Industries PCL ranks #2928 out of 2992 companies for Gross Margin %. This places BT Wealth Industries PCL in the lower half of its industry. The industry median Gross Margin % is 26.82. 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 26.82, based on 2,992 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. 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 BT Wealth Industries PCL and its competitors. For the Industrial Products industry, the median Gross Margin % is 26.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BT Wealth Industries PCL's current Gross Margin % is -102.45%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BT Wealth Industries PCL stock overvalued right now?
Based on GuruFocus' analysis, BT Wealth Industries PCL (BKK:BTW) is currently considered Possible Value Trap. The stock's GF Value™ is ฿0.15, compared to a current price of ฿0.08 — trading 46.7% below its estimated fair value. The current Gross Margin % is -102.45%. 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 BT Wealth Industries PCL (BKK:BTW), the current Gross Margin % is -102.45% 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.

BT Wealth Industries PCL Business Description

Address Ramkhamhaeng Road, 593/3 Soi Ramkhamhaeng 39, Thepleela 1, Wangthonglang, Bangkok, THA, 10310
BT Wealth Industries PCL is principally engaged in the rental of assets. The company through its subsidiary is engaged in steel fabrication business for project construction in various heavy industries, such as mining, natural gas and petroleum, and power in both domestic and international sites. The Company provides two types of services, Steel Fabrication and Power Plant EPC Contractor. The steel fabrication products include Modularization and Parts Fabrication. The company operates in single segment, the provision of processing services for steel products and structures used in construction and industrial sectors.