CK Power PCL (BKK:CKP) Gross Margin %: 17.64% (As of Mar. 2026) — 33% Below Median


BKK:CKP CK Power PCL BKK:CKP
70 GF Score
Price ฿2.48
GF Value ฿2.92
Valuation Modestly Undervalued
! 7 Warning Signs
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What is CK Power PCL Gross Margin %?

CK Power PCL BKK:CKP +1.64% 70 Gross Margin % is 17.64% as of Mar. 2026, which is 33% below its 10-year median of 26.50. GuruFocus rates BKK:CKP with a GF Score™ of 70/100 and a GF Value™ of ฿2.92 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 403 Utilities - Independent Power Producers companies, CK Power PCL ranks worse than 57.07% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. CK Power PCL's Gross Profit for the three months ended in Mar. 2026 was ฿328 Mil. CK Power PCL's Revenue for the three months ended in Mar. 2026 was ฿1,859 Mil. Therefore, CK Power PCL's Gross Margin % for the quarter that ended in Mar. 2026 was 17.64%.


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

BKK:CKP' s Gross Margin % Range Over the Past 10 Years
Min: 10.53   Med: 26.5   Max: 34.61
Current: 27.74


During the past 13 years, the highest Gross Margin % of CK Power PCL was 34.61%. The lowest was 10.53%. And the median was 26.50%.

BKK:CKP's Gross Margin % is ranked worse than
57.07% of 403 companies
in the Utilities - Independent Power Producers industry
Industry Median: 31.35 vs BKK:CKP: 27.74

CK Power PCL had a gross margin of 17.64% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for CK Power PCL was 15.90% per year.


CK Power PCL  (BKK:CKP) 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

CK Power PCL had a gross margin of 17.64% 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.


CK Power PCL Gross Margin % Related Terms


CK Power PCL Gross Margin % Historical Data

* Premium members only.

The historical data trend for CK Power 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.

CK Power PCL Gross Margin % Chart

CK Power 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 25.89 16.76 19.69 27.10 27.81

CK Power 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 19.78 26.29 40.18 21.86 17.64

BKK:CKP vs CEG, VST, NRG: Gross Margin % Comparison

For the Utilities - Independent Power Producers subindustry, CK Power 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.


CK Power PCL Gross Margin % vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, CK Power PCL's Gross Margin % distribution charts can be found below:

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


BKK:CKP
70GF Score
CK Power PCL BKK:CKP
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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CK Power PCL Gross Margin % Calculation

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

CK Power 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 )
=2810.6 / 10106.71
=(Revenue - Cost of Goods Sold) / Revenue
=(10106.71 - 7296.108) / 10106.71
=27.81 %

CK Power 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 )
=327.9 / 1859.082
=(Revenue - Cost of Goods Sold) / Revenue
=(1859.082 - 1531.225) / 1859.082
=17.64 %

* 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 17.64% mean?
CK Power PCL (BKK:CKP) has a Gross Margin % of 17.64% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on CK Power PCL and its competitors. This is 33% below median its historical median of 26.50. Over the past decade, CK Power PCL's Gross Margin % has ranged from 10.53 to 34.61. According to the industry distribution chart, CK Power PCL ranks #230 out of 403 companies in the Utilities - Independent Power Producers industry, placing it in the top 57.1%.
Is CK Power PCL's Gross Margin % too high?
CK Power PCL's current Gross Margin % of 17.64% is 33% below median its 10-year median of 26.50. Over the past 10 years, this metric has ranged from a low of 10.53 to a high of 34.61. The Utilities - Independent Power Producers industry median Gross Margin % is 31.35. CK Power PCL's value of 17.64% is 43.7% below this industry median. Based on the distribution chart, CK Power PCL ranks #230 out of 403 companies in the Utilities - Independent Power Producers industry, which is below the industry midpoint. Overall, CK Power PCL has a GF Score™ of 70/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does CK Power PCL's Gross Margin % compare to CEG and VST?
According to the Utilities - Independent Power Producers industry distribution chart, CK Power PCL ranks #230 out of 403 companies for Gross Margin %. This places CK Power PCL in the lower half of its industry. The industry median Gross Margin % is 31.35. CK Power PCL's value of 17.64% is 43.7% below this benchmark. Historically, CK Power PCL's own Gross Margin % has ranged from 10.53 to 34.61 over the past decade. While the company's 10-year median is 26.50 vs. the industry median of 31.35, CK Power 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 Utilities - Independent Power Producers company?
The median Gross Margin % among Utilities - Independent Power Producers companies is 31.35, based on 403 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. CK Power PCL's current Gross Margin % of 17.64% is 43.7% 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 CK Power PCL and its competitors. For the Utilities - Independent Power Producers industry, the median Gross Margin % is 31.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CK Power PCL's current Gross Margin % is 17.64%, which is 33% below median its own 10-year median of 26.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CK Power PCL stock overvalued right now?
Based on GuruFocus' analysis, CK Power PCL (BKK:CKP) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿2.92, compared to a current price of ฿2.48 — trading 15.1% below its estimated fair value. The current Gross Margin % is 17.64%, which is 33% below median its 10-year median of 26.50 and 43.7% below the Utilities - Independent Power Producers industry median of 31.35. CK Power PCL's overall GF Score™ is 70/100 with 7 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 CK Power PCL (BKK:CKP), the current Gross Margin % is 17.64% 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 CK Power PCL (BKK:CKP) Overvalued in 2026?

Based on GuruFocus' analysis, CK Power PCL stock appears to be undervalued. The current stock price of ฿2.48 is trading 15.1% below its estimated GF Value™ of ฿2.92. GuruFocus considers CK Power PCL to be Modestly Undervalued.

Key valuation signals for BKK:CKP:

  • Gross Margin %: 17.64% (33% below median its 10-year median of 26.50)
  • GF Value™: ฿2.92 vs. price of ฿2.48 (15.1% below fair value)
  • GF Score™: 70/100 with 7 warning signs
  • Industry Position: 43.7% below the Utilities - Independent Power Producers median (#230 of 403)

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


CK Power PCL Business Description

Address Sutthisarn Road, No. 587 Viriyathavorn Building, 19th Floor, Kwaeng Ratchadapisek, Khet Dindaeng, Bangkok, THA, 10400
CK Power PCL principally engaged in investment in companies, whose principal business operation is the generation of electricity for sales, and provision of consulting services and other services relating to electricity generating projects both locally and overseas. The company's business segments are: generation of electricity from hydroelectric power, generation of electricity from solar power, and generation of electricity from thermal power, and other segments. The majority of revenue is from generation of electricity from thermal power.
70GF Score

Get the complete analysis for BKK:CKP

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

฿2.48
Price
฿2.92
GF Value