Country Group Holdings PCL (BKK:CGH) Gross Margin %: 13.99% (As of Mar. 2026) — 45% Below Median

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BKK:CGH Country Group Holdings PCL BKK:CGH
40 GF Score
Price ฿0.55
GF Value ฿0.58
Valuation Fairly Valued
! 6 Warning Signs
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What is Country Group Holdings PCL Gross Margin %?

Country Group Holdings PCL BKK:CGH 40 Gross Margin % is 13.99% as of Mar. 2026, which is 45% below its 10-year median of 25.66. GuruFocus rates BKK:CGH with a GF Score™ of 40/100 and a GF Value™ of ฿0.58 (Fairly Valued). The stock has 6 warning signs investors should review. Among 619 Capital Markets companies, Country Group Holdings PCL ranks worse than 73.51% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Country Group Holdings PCL's Gross Profit for the three months ended in Mar. 2026 was ฿50 Mil. Country Group Holdings PCL's Revenue for the three months ended in Mar. 2026 was ฿355 Mil. Therefore, Country Group Holdings PCL's Gross Margin % for the quarter that ended in Mar. 2026 was 13.99%.

Warning Sign:

Country Group Holdings PCL gross margin has been in long-term decline. The average rate of decline per year is -10.9%.


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

BKK:CGH' s Gross Margin % Range Over the Past 10 Years
Min: 8.53   Med: 25.66   Max: 45.96
Current: 18.33


During the past 13 years, the highest Gross Margin % of Country Group Holdings PCL was 45.96%. The lowest was 8.53%. And the median was 25.66%.

BKK:CGH's Gross Margin % is ranked worse than
73.51% of 619 companies
in the Capital Markets industry
Industry Median: 50 vs BKK:CGH: 18.33

Country Group Holdings PCL had a gross margin of 13.99% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Country Group Holdings PCL was -10.90% per year.


Country Group Holdings PCL  (BKK:CGH) 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

Country Group Holdings PCL had a gross margin of 13.99% 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.


Country Group Holdings PCL Gross Margin % Related Terms


Country Group Holdings PCL Gross Margin % Historical Data

* Premium members only.

The historical data trend for Country Group Holdings 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.

Country Group Holdings PCL Gross Margin % Chart

Country Group Holdings 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 32.57 22.84 8.53 25.04 20.90

Country Group Holdings 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 24.41 11.10 22.93 23.63 13.99

BKK:CGH vs MS, GS, SCHW: Gross Margin % Comparison

For the Capital Markets subindustry, Country Group Holdings 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.


Country Group Holdings PCL Gross Margin % vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Country Group Holdings PCL's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Country Group Holdings PCL's Gross Margin % falls into.


BKK:CGH
40GF Score
Country Group Holdings PCL BKK:CGH
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Country Group Holdings PCL Gross Margin % Calculation

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

Country Group Holdings 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 )
=294 / 1406.696
=(Revenue - Cost of Goods Sold) / Revenue
=(1406.696 - 1112.667) / 1406.696
=20.90 %

Country Group Holdings 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 )
=49.6 / 354.728
=(Revenue - Cost of Goods Sold) / Revenue
=(354.728 - 305.091) / 354.728
=13.99 %

* 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 13.99% mean?
Country Group Holdings PCL (BKK:CGH) has a Gross Margin % of 13.99% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Country Group Holdings PCL and its competitors. This is 45% below median its historical median of 25.66. Over the past decade, Country Group Holdings PCL's Gross Margin % has ranged from 8.53 to 45.96. According to the industry distribution chart, Country Group Holdings PCL ranks #455 out of 619 companies in the Capital Markets industry, placing it in the top 73.5%.
Is Country Group Holdings PCL's Gross Margin % too high?
Country Group Holdings PCL's current Gross Margin % of 13.99% is 45% below median its 10-year median of 25.66. Over the past 10 years, this metric has ranged from a low of 8.53 to a high of 45.96. The Capital Markets industry median Gross Margin % is 50.00. Country Group Holdings PCL's value of 13.99% is 72% below this industry median. Based on the distribution chart, Country Group Holdings PCL ranks #455 out of 619 companies in the Capital Markets industry, which is below the industry midpoint. Overall, Country Group Holdings PCL has a GF Score™ of 40/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Country Group Holdings PCL's Gross Margin % compare to MS and GS?
According to the Capital Markets industry distribution chart, Country Group Holdings PCL ranks #455 out of 619 companies for Gross Margin %. This places Country Group Holdings PCL in the lower half of its industry. The industry median Gross Margin % is 50.00. Country Group Holdings PCL's value of 13.99% is 72% below this benchmark. Historically, Country Group Holdings PCL's own Gross Margin % has ranged from 8.53 to 45.96 over the past decade. While the company's 10-year median is 25.66 vs. the industry median of 50.00, Country Group Holdings 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 Capital Markets company?
The median Gross Margin % among Capital Markets companies is 50.00, based on 619 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. Country Group Holdings PCL's current Gross Margin % of 13.99% is 72% 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 Country Group Holdings PCL and its competitors. For the Capital Markets industry, the median Gross Margin % is 50.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Country Group Holdings PCL's current Gross Margin % is 13.99%, which is 45% below median its own 10-year median of 25.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Country Group Holdings PCL stock overvalued right now?
Based on GuruFocus' analysis, Country Group Holdings PCL (BKK:CGH) is currently considered Fairly Valued. The stock's GF Value™ is ฿0.58, compared to a current price of ฿0.55 — trading 5.2% below its estimated fair value. The current Gross Margin % is 13.99%, which is 45% below median its 10-year median of 25.66 and 72% below the Capital Markets industry median of 50.00. Country Group Holdings PCL's overall GF Score™ is 40/100 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 Country Group Holdings PCL (BKK:CGH), the current Gross Margin % is 13.99% 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 Country Group Holdings PCL (BKK:CGH) Overvalued in 2026?

Based on GuruFocus' analysis, Country Group Holdings PCL stock appears to be undervalued. The current stock price of ฿0.55 is trading 5.2% below its estimated GF Value™ of ฿0.58. GuruFocus considers Country Group Holdings PCL to be Fairly Valued.

Key valuation signals for BKK:CGH:

  • Gross Margin %: 13.99% (45% below median its 10-year median of 25.66)
  • GF Value™: ฿0.58 vs. price of ฿0.55 (5.2% below fair value)
  • GF Score™: 40/100 with 6 warning signs
  • Industry Position: 72% below the Capital Markets median (#455 of 619)

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


Country Group Holdings PCL Business Description

Address Wireless Road, No. 132, Sindhorn Tower 3, 20th Floor, Lumpini Sub District, Pathumwan District, Bangkok, THA, 10330
Country Group Holdings PCL is principally engaged in investment in potential securities. The company has four operating segments that are Securities and Derivatives brokerage which is the key revenue-generating segment; Investment Banking; and securities and derivatives trading segment, Investment banking segment, and Comprising the Group's digital assets trading. The company derives revenue through brokerage fees, service income, and Interest on margin loans. The company's operations are carried out in Thailand.
40GF Score

Get the complete analysis for BKK:CGH

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

฿0.55
Price
฿0.58
GF Value