City Steel PCL (BKK:CITY-R) Gross Margin %: 20.89% (As of Oct. 2025) — 15% Above Median


BKK:CITY-R City Steel PCL BKK:CITY-R
50 GF Score
Price ฿1.36
GF Value ฿1.74
! 2 Warning Signs
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What is City Steel PCL Gross Margin %?

City Steel PCL BKK:CITY-R 50 Gross Margin % is 20.89% as of Oct. 2025, which is 15% above its 10-year median of 18.09. GuruFocus rates BKK:CITY-R with a GF Score™ of 50/100 and a GF Value™ of ฿1.74. The stock has 2 warning signs investors should review. Among 3,003 Industrial Products companies, City Steel PCL ranks worse than 97.64% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. City Steel PCL's Gross Profit for the three months ended in Oct. 2025 was ฿4.30 Mil. City Steel PCL's Revenue for the three months ended in Oct. 2025 was ฿20.56 Mil. Therefore, City Steel PCL's Gross Margin % for the quarter that ended in Oct. 2025 was 20.89%.


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

BKK:CITY-R' s Gross Margin % Range Over the Past 10 Years
Min: -9.46   Med: 18.09   Max: 29.61
Current: -3.15


During the past 13 years, the highest Gross Margin % of City Steel PCL was 29.61%. The lowest was -9.46%. And the median was 18.09%.

BKK:CITY-R's Gross Margin % is ranked worse than
97.64% of 3003 companies
in the Industrial Products industry
Industry Median: 26.79 vs BKK:CITY-R: -3.15

City Steel PCL had a gross margin of 20.89% for the quarter that ended in Oct. 2025 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for City Steel PCL was 0.00% per year.


City Steel PCL  (BKK:CITY-R) 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

City Steel PCL had a gross margin of 20.89% for the quarter that ended in Oct. 2025 => Competition eroding margins


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.


City Steel PCL Gross Margin % Related Terms


City Steel PCL Gross Margin % Historical Data

* Premium members only.

The historical data trend for City Steel 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.

City Steel PCL Gross Margin % Chart

City Steel PCL Annual Data
Trend Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24 Jul25
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.39 28.11 16.47 -9.46 -7.45

City Steel PCL Quarterly Data
Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25
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 10.18 -11.14 -11.41 -20.42 20.89

BKK:CITY-R vs ATI, CRS, MLI: Gross Margin % Comparison

For the Metal Fabrication subindustry, City Steel 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.


City Steel PCL Gross Margin % vs Industrial Products Industry

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

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


BKK:CITY-R
50GF Score
City Steel PCL BKK:CITY-R
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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City Steel PCL Gross Margin % Calculation

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

City Steel PCL's Gross Margin for the fiscal year that ended in Jul. 2025 is calculated as

Gross Margin % (A: Jul. 2025 )=Gross Profit (A: Jul. 2025 ) / Revenue (A: Jul. 2025 )
=-4.6 / 61.67
=(Revenue - Cost of Goods Sold) / Revenue
=(61.67 - 66.262) / 61.67
=-7.45 %

City Steel PCL's Gross Margin for the quarter that ended in Oct. 2025 is calculated as


Gross Margin % (Q: Oct. 2025 )=Gross Profit (Q: Oct. 2025 ) / Revenue (Q: Oct. 2025 )
=4.3 / 20.561
=(Revenue - Cost of Goods Sold) / Revenue
=(20.561 - 16.266) / 20.561
=20.89 %

* 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 20.89% mean?
City Steel PCL (BKK:CITY-R) has a Gross Margin % of 20.89% as of Oct. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on City Steel PCL and its competitors. This is 15% above median its historical median of 18.09. According to the industry distribution chart, City Steel PCL ranks #2932 out of 3003 companies in the Industrial Products industry, placing it in the top 97.6%.
Is City Steel PCL's Gross Margin % too high?
City Steel PCL's current Gross Margin % of 20.89% is 15% above median its 10-year median of 18.09. The Industrial Products industry median Gross Margin % is 26.79. City Steel PCL's value of 20.89% is 22% below this industry median. Based on the distribution chart, City Steel PCL ranks #2932 out of 3003 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, City Steel PCL has a GF Score™ of 50/100, reflecting its overall financial health beyond just this single metric.
How does City Steel PCL's Gross Margin % compare to ATI and CRS?
According to the Industrial Products industry distribution chart, City Steel PCL ranks #2932 out of 3003 companies for Gross Margin %. This places City Steel PCL in the lower half of its industry. The industry median Gross Margin % is 26.79. City Steel PCL's value of 20.89% is 22% below this benchmark. While the company's 10-year median is 18.09 vs. the industry median of 26.79, City Steel 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 an Industrial Products company?
The median Gross Margin % among Industrial Products companies is 26.79, based on 3,003 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. City Steel PCL's current Gross Margin % of 20.89% is 22% 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 City Steel PCL and its competitors. For the Industrial Products industry, the median Gross Margin % is 26.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. City Steel PCL's current Gross Margin % is 20.89%, which is 15% above median its own 10-year median of 18.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is City Steel PCL stock overvalued right now?
City Steel PCL (BKK:CITY-R) has a current Gross Margin % of 20.89%. The stock's GF Value™ is ฿1.74, compared to a current price of ฿1.36 — trading 21.8% below its estimated fair value. The current Gross Margin % is 20.89%, which is 15% above median its 10-year median of 18.09 and 22% below the Industrial Products industry median of 26.79. City Steel PCL's overall GF Score™ is 50/100 with 2 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 City Steel PCL (BKK:CITY-R), the current Gross Margin % is 20.89% as of Oct. 2025. 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 City Steel PCL (BKK:CITY-R) Overvalued in 2026?

Based on GuruFocus' analysis, City Steel PCL stock appears to be undervalued. The current stock price of ฿1.36 is trading 21.8% below its estimated GF Value™ of ฿1.74.

Key valuation signals for BKK:CITY-R:

  • Gross Margin %: 20.89% (15% above median its 10-year median of 18.09)
  • GF Value™: ฿1.74 vs. price of ฿1.36 (21.8% below fair value)
  • GF Score™: 50/100 with 2 warning signs
  • Industry Position: 22% below the Industrial Products median (#2932 of 3003)

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


City Steel PCL Business Description

Other Exchanges CITY:Thailand
Address Bypass Road, 88/3 Moo 4, Tumbol Nongmaidaeng, Amphur Muang, Chonburi, THA, 20000
City Steel PCL is principally engaged in the manufacturing and sale of metal structures, storage systems, and material handling equipment, and fabricated metal parts, as well as the provision of one-stop metal processing services and the sale of metals. Geographically, the company operates only in Thailand.
50GF Score

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

฿1.36
Price
฿1.74
GF Value