CAZ (Thailand) PCL (BKK:CAZ) Gross Margin %: 7.25% (As of Mar. 2026) — 33% Below Median

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BKK:CAZ CAZ (Thailand) PCL BKK:CAZ
55 GF Score
Price ฿2.30
GF Value ฿1.53
Valuation Significantly Overvalued
! 8 Warning Signs
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What is CAZ (Thailand) PCL Gross Margin %?

CAZ (Thailand) PCL BKK:CAZ -6.50% 55 Gross Margin % is 7.25% as of Mar. 2026, which is 33% below its 10-year median of 10.77. GuruFocus rates BKK:CAZ with a GF Score™ of 55/100 and a GF Value™ of ฿1.53 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 1,725 Construction companies, CAZ (Thailand) PCL ranks worse than 99.3% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. CAZ (Thailand) PCL's Gross Profit for the three months ended in Mar. 2026 was ฿72 Mil. CAZ (Thailand) PCL's Revenue for the three months ended in Mar. 2026 was ฿991 Mil. Therefore, CAZ (Thailand) PCL's Gross Margin % for the quarter that ended in Mar. 2026 was 7.25%.


The historical rank and industry rank for CAZ (Thailand) PCL's Gross Margin % or its related term are showing as below:

BKK:CAZ' s Gross Margin % Range Over the Past 10 Years
Min: -30.15   Med: 10.77   Max: 13.49
Current: -28.63


During the past 12 years, the highest Gross Margin % of CAZ (Thailand) PCL was 13.49%. The lowest was -30.15%. And the median was 10.77%.

BKK:CAZ's Gross Margin % is ranked worse than
99.3% of 1725 companies
in the Construction industry
Industry Median: 20.7 vs BKK:CAZ: -28.63

CAZ (Thailand) PCL had a gross margin of 7.25% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for CAZ (Thailand) PCL was 0.00% per year.


CAZ (Thailand) PCL  (BKK:CAZ) 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

CAZ (Thailand) PCL had a gross margin of 7.25% 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.


CAZ (Thailand) PCL Gross Margin % Related Terms


CAZ (Thailand) PCL Gross Margin % Historical Data

* Premium members only.

The historical data trend for CAZ (Thailand) 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.

CAZ (Thailand) PCL Gross Margin % Chart

CAZ (Thailand) 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 13.49 11.65 12.67 11.01 -30.15

CAZ (Thailand) 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 10.85 11.36 269.45 16.71 7.25

BKK:CAZ vs PWR, FIX, EME: Gross Margin % Comparison

For the Engineering & Construction subindustry, CAZ (Thailand) 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.


CAZ (Thailand) PCL Gross Margin % vs Construction Industry

For the Construction industry and Industrials sector, CAZ (Thailand) PCL's Gross Margin % distribution charts can be found below:

* The bar in red indicates where CAZ (Thailand) PCL's Gross Margin % falls into.


BKK:CAZ
55GF Score
CAZ (Thailand) PCL BKK:CAZ
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

CAZ (Thailand) PCL Gross Margin % Calculation

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

CAZ (Thailand) 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 )
=-599.5 / 1988.263
=(Revenue - Cost of Goods Sold) / Revenue
=(1988.263 - 2587.752) / 1988.263
=-30.15 %

CAZ (Thailand) 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 )
=71.9 / 991.019
=(Revenue - Cost of Goods Sold) / Revenue
=(991.019 - 919.14) / 991.019
=7.25 %

* 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 7.25% mean?
CAZ (Thailand) PCL (BKK:CAZ) has a Gross Margin % of 7.25% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on CAZ (Thailand) PCL and its competitors. This is 33% below median its historical median of 10.77. According to the industry distribution chart, CAZ (Thailand) PCL ranks #1713 out of 1725 companies in the Construction industry, placing it in the top 99.3%.
Is CAZ (Thailand) PCL's Gross Margin % too high?
CAZ (Thailand) PCL's current Gross Margin % of 7.25% is 33% below median its 10-year median of 10.77. The Construction industry median Gross Margin % is 20.70. CAZ (Thailand) PCL's value of 7.25% is 65% below this industry median. Based on the distribution chart, CAZ (Thailand) PCL ranks #1713 out of 1725 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, CAZ (Thailand) PCL has a GF Score™ of 55/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does CAZ (Thailand) PCL's Gross Margin % compare to PWR and FIX?
According to the Construction industry distribution chart, CAZ (Thailand) PCL ranks #1713 out of 1725 companies for Gross Margin %. This places CAZ (Thailand) PCL in the lower half of its industry. The industry median Gross Margin % is 20.70. CAZ (Thailand) PCL's value of 7.25% is 65% below this benchmark. While the company's 10-year median is 10.77 vs. the industry median of 20.70, CAZ (Thailand) 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 Construction company?
The median Gross Margin % among Construction companies is 20.70, based on 1,725 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. CAZ (Thailand) PCL's current Gross Margin % of 7.25% is 65% 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 CAZ (Thailand) PCL and its competitors. For the Construction industry, the median Gross Margin % is 20.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CAZ (Thailand) PCL's current Gross Margin % is 7.25%, which is 33% below median its own 10-year median of 10.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CAZ (Thailand) PCL stock overvalued right now?
Based on GuruFocus' analysis, CAZ (Thailand) PCL (BKK:CAZ) is currently considered Significantly Overvalued. The stock's GF Value™ is ฿1.53, compared to a current price of ฿2.30 — trading 50.3% above its estimated fair value. The current Gross Margin % is 7.25%, which is 33% below median its 10-year median of 10.77 and 65% below the Construction industry median of 20.70. CAZ (Thailand) PCL's overall GF Score™ is 55/100 with 8 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 CAZ (Thailand) PCL (BKK:CAZ), the current Gross Margin % is 7.25% 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 CAZ (Thailand) PCL (BKK:CAZ) Overvalued in 2026?

Based on GuruFocus' analysis, CAZ (Thailand) PCL stock appears to be overvalued. The current stock price of ฿2.30 is trading 50.3% above its estimated GF Value™ of ฿1.53. GuruFocus considers CAZ (Thailand) PCL to be Significantly Overvalued.

Key valuation signals for BKK:CAZ:

  • Gross Margin %: 7.25% (33% below median its 10-year median of 10.77)
  • GF Value™: ฿1.53 vs. price of ฿2.30 (50.3% above fair value)
  • GF Score™: 55/100 with 8 warning signs
  • Industry Position: 65% below the Construction median (#1713 of 1725)

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


CAZ (Thailand) PCL Business Description

Address 239 Huaipong Nongbon Road, Tambol Huaipong, Amphur Muang rayong, Rayong, THA, 21150
CAZ (Thailand) PCL is a Thailand-based engineering and construction company. Its operations are classified as. EPC services consist of construction management including pre-commissioning and commissioning for various businesses; Structure Machanic and Piping (SMP) services that include structure erection, piping fabrication, and erection, equipment erection, electric and instrument work; Civil and Building services including construction works including engineering work for the various business; Fabrication and other services include mechanical fabrication work (structure, vessel, heat exchanger, tanks) including procurement of materials for various business. The Group operates principally in Thailand.
55GF Score

Get the complete analysis for BKK:CAZ

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

฿2.30
Price
฿1.53
GF Value