Capital Engineering Network PCL (BKK:CEN) Gross Margin %: 1.00% (As of Mar. 2026) — 75% Below Median

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BKK:CEN Capital Engineering Network PCL BKK:CEN
37 GF Score
Price ฿0.60
GF Value ฿1.41
Valuation Possible Value Trap
! 4 Warning Signs
View Full Analysis

What is Capital Engineering Network PCL Gross Margin %?

Capital Engineering Network PCL BKK:CEN -1.64% 37 Gross Margin % is 1.00% as of Mar. 2026, which is 75% below its 10-year median of 3.98. GuruFocus rates BKK:CEN with a GF Score™ of 37/100 and a GF Value™ of ฿1.41 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 593 Steel companies, Capital Engineering Network PCL ranks worse than 82.63% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Capital Engineering Network PCL's Gross Profit for the three months ended in Mar. 2026 was ฿1.8 Mil. Capital Engineering Network PCL's Revenue for the three months ended in Mar. 2026 was ฿178.7 Mil. Therefore, Capital Engineering Network PCL's Gross Margin % for the quarter that ended in Mar. 2026 was 1.00%.


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

BKK:CEN' s Gross Margin % Range Over the Past 10 Years
Min: -14.51   Med: 3.98   Max: 8.73
Current: 4.67


During the past 13 years, the highest Gross Margin % of Capital Engineering Network PCL was 8.73%. The lowest was -14.51%. And the median was 3.98%.

BKK:CEN's Gross Margin % is ranked worse than
82.63% of 593 companies
in the Steel industry
Industry Median: 12.6 vs BKK:CEN: 4.67

Capital Engineering Network PCL had a gross margin of 1.00% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Capital Engineering Network PCL was 0.00% per year.


Capital Engineering Network PCL  (BKK:CEN) 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

Capital Engineering Network PCL had a gross margin of 1.00% 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.


Capital Engineering Network PCL Gross Margin % Related Terms


Capital Engineering Network PCL Gross Margin % Historical Data

* Premium members only.

The historical data trend for Capital Engineering Network 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.

Capital Engineering Network PCL Gross Margin % Chart

Capital Engineering Network 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 6.32 0.69 -0.44 8.73 5.93

Capital Engineering Network 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 6.39 5.58 10.63 0.11 1.00

BKK:CEN vs NUE, STLD, RS: Gross Margin % Comparison

For the Steel subindustry, Capital Engineering Network 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.


Capital Engineering Network PCL Gross Margin % vs Steel Industry

For the Steel industry and Basic Materials sector, Capital Engineering Network PCL's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Capital Engineering Network PCL's Gross Margin % falls into.


BKK:CEN
37GF Score
Capital Engineering Network PCL BKK:CEN
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Capital Engineering Network PCL Gross Margin % Calculation

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

Capital Engineering Network 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 )
=49.6 / 836.885
=(Revenue - Cost of Goods Sold) / Revenue
=(836.885 - 787.291) / 836.885
=5.93 %

Capital Engineering Network 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 )
=1.8 / 178.743
=(Revenue - Cost of Goods Sold) / Revenue
=(178.743 - 176.947) / 178.743
=1.00 %

* 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 1.00% mean?
Capital Engineering Network PCL (BKK:CEN) has a Gross Margin % of 1.00% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Capital Engineering Network PCL and its competitors. This is 75% below median its historical median of 3.98. According to the industry distribution chart, Capital Engineering Network PCL ranks #490 out of 593 companies in the Steel industry, placing it in the top 82.6%.
Is Capital Engineering Network PCL's Gross Margin % too high?
Capital Engineering Network PCL's current Gross Margin % of 1.00% is 75% below median its 10-year median of 3.98. The Steel industry median Gross Margin % is 12.60. Capital Engineering Network PCL's value of 1.00% is 92.1% below this industry median. Based on the distribution chart, Capital Engineering Network PCL ranks #490 out of 593 companies in the Steel industry, which is in the bottom quartile relative to peers. Overall, Capital Engineering Network PCL has a GF Score™ of 37/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Capital Engineering Network PCL's Gross Margin % compare to NUE and STLD?
According to the Steel industry distribution chart, Capital Engineering Network PCL ranks #490 out of 593 companies for Gross Margin %. This places Capital Engineering Network PCL in the lower half of its industry. The industry median Gross Margin % is 12.60. Capital Engineering Network PCL's value of 1.00% is 92.1% below this benchmark. While the company's 10-year median is 3.98 vs. the industry median of 12.60, Capital Engineering Network 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 Steel company?
The median Gross Margin % among Steel companies is 12.60, based on 593 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. Capital Engineering Network PCL's current Gross Margin % of 1.00% is 92.1% 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 Capital Engineering Network PCL and its competitors. For the Steel industry, the median Gross Margin % is 12.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Capital Engineering Network PCL's current Gross Margin % is 1.00%, which is 75% below median its own 10-year median of 3.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Capital Engineering Network PCL stock overvalued right now?
Based on GuruFocus' analysis, Capital Engineering Network PCL (BKK:CEN) is currently considered Possible Value Trap. The stock's GF Value™ is ฿1.41, compared to a current price of ฿0.60 — trading 57.4% below its estimated fair value. The current Gross Margin % is 1.00%, which is 75% below median its 10-year median of 3.98 and 92.1% below the Steel industry median of 12.60. Capital Engineering Network PCL's overall GF Score™ is 37/100 with 4 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 Capital Engineering Network PCL (BKK:CEN), the current Gross Margin % is 1.00% 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 Capital Engineering Network PCL (BKK:CEN) Overvalued in 2026?

Based on GuruFocus' analysis, Capital Engineering Network PCL stock appears to be undervalued. The current stock price of ฿0.60 is trading 57.4% below its estimated GF Value™ of ฿1.41. GuruFocus considers Capital Engineering Network PCL to be Possible Value Trap.

Key valuation signals for BKK:CEN:

  • Gross Margin %: 1.00% (75% below median its 10-year median of 3.98)
  • GF Value™: ฿1.41 vs. price of ฿0.60 (57.4% below fair value)
  • GF Score™: 37/100 with 4 warning signs
  • Industry Position: 92.1% below the Steel median (#490 of 593)

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


Capital Engineering Network PCL Business Description

Address Rama 3 Road, 1011, Supalai Grand Tower, 17th Floor, Room No.1703, 1704, Chongnonsi, Yannawa, Bangkok, THA, 10120
Capital Engineering Network PCL is engaged in the production and distribution of engineering construction material, transmission tower and renewable energy, and telecom implementation services. The operating segments of the group are investing in other companies segment, steel wire segment, production and distribution of high voltage transmission tower and telecommunication tower, electricity and thermal energy segment, distribution of goods segment, telecom implementation service segment and clinic service segment. It has a business presence in Thailand and the Philippines, of which a majority of revenue is derived from Thailand and Steel Wire Segment.
37GF Score

Get the complete analysis for BKK:CEN

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

฿0.60
Price
฿1.41
GF Value