Thai Coconut PCL (BKK:COCOCO) Gross Margin %: 22.56% (As of Mar. 2026) — Near Median

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BKK:COCOCO Thai Coconut PCL BKK:COCOCO
59 GF Score
Price ฿6.10
GF Value ฿11.51
Valuation Significantly Undervalued
! 7 Warning Signs
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What is Thai Coconut PCL Gross Margin %?

Thai Coconut PCL BKK:COCOCO +5.17% 59 Gross Margin % is 22.56% as of Mar. 2026, which is 0% above its 10-year median of 22.53. GuruFocus rates BKK:COCOCO with a GF Score™ of 59/100 and a GF Value™ of ฿11.51 (Significantly Undervalued). The stock has 7 warning signs investors should review. Among 1,906 Consumer Packaged Goods companies, Thai Coconut PCL ranks worse than 65.42% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Thai Coconut PCL's Gross Profit for the three months ended in Mar. 2026 was ฿335 Mil. Thai Coconut PCL's Revenue for the three months ended in Mar. 2026 was ฿1,487 Mil. Therefore, Thai Coconut PCL's Gross Margin % for the quarter that ended in Mar. 2026 was 22.56%.


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

BKK:COCOCO' s Gross Margin % Range Over the Past 10 Years
Min: 15.91   Med: 22.53   Max: 26.21
Current: 19.52


During the past 7 years, the highest Gross Margin % of Thai Coconut PCL was 26.21%. The lowest was 15.91%. And the median was 22.53%.

BKK:COCOCO's Gross Margin % is ranked worse than
65.42% of 1906 companies
in the Consumer Packaged Goods industry
Industry Median: 26.355 vs BKK:COCOCO: 19.52

Thai Coconut PCL had a gross margin of 22.56% for the quarter that ended in Mar. 2026 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Thai Coconut PCL was 4.30% per year.


Thai Coconut PCL  (BKK:COCOCO) 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

Thai Coconut PCL had a gross margin of 22.56% for the quarter that ended in Mar. 2026 => 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.


Thai Coconut PCL Gross Margin % Related Terms


Thai Coconut PCL Gross Margin % Historical Data

* Premium members only.

The historical data trend for Thai Coconut 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.

Thai Coconut PCL Gross Margin % Chart

Thai Coconut PCL Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Gross Margin %
Get a 7-Day Free Trial 19.37 23.85 26.21 23.94 18.50

Thai Coconut PCL Quarterly Data
Dec19 Dec20 Dec21 Jun22 Sep22 Dec22 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 17.99 17.10 18.78 20.22 22.56

BKK:COCOCO vs KHC, GIS: Gross Margin % Comparison

For the Packaged Foods subindustry, Thai Coconut 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.


Thai Coconut PCL Gross Margin % vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Thai Coconut PCL's Gross Margin % distribution charts can be found below:

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


BKK:COCOCO
59GF Score
Thai Coconut PCL BKK:COCOCO
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Thai Coconut PCL Gross Margin % Calculation

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

Thai Coconut 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 )
=1238.8 / 6697.142
=(Revenue - Cost of Goods Sold) / Revenue
=(6697.142 - 5458.329) / 6697.142
=18.50 %

Thai Coconut 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 )
=335.5 / 1487.403
=(Revenue - Cost of Goods Sold) / Revenue
=(1487.403 - 1151.906) / 1487.403
=22.56 %

* 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 22.56% mean?
Thai Coconut PCL (BKK:COCOCO) has a Gross Margin % of 22.56% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Thai Coconut PCL and its competitors. This is near median its historical median of 22.53. Over the past decade, Thai Coconut PCL's Gross Margin % has ranged from 15.91 to 26.21. According to the industry distribution chart, Thai Coconut PCL ranks #1247 out of 1906 companies in the Consumer Packaged Goods industry, placing it in the top 65.4%.
Is Thai Coconut PCL's Gross Margin % too high?
Thai Coconut PCL's current Gross Margin % of 22.56% is near median its 10-year median of 22.53. Over the past 10 years, this metric has ranged from a low of 15.91 to a high of 26.21. The Consumer Packaged Goods industry median Gross Margin % is 26.36. Thai Coconut PCL's value of 22.56% is 14.4% below this industry median. Based on the distribution chart, Thai Coconut PCL ranks #1247 out of 1906 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, Thai Coconut PCL has a GF Score™ of 59/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Thai Coconut PCL's Gross Margin % compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Thai Coconut PCL ranks #1247 out of 1906 companies for Gross Margin %. This places Thai Coconut PCL in the lower half of its industry. The industry median Gross Margin % is 26.36. Thai Coconut PCL's value of 22.56% is 14.4% below this benchmark. Historically, Thai Coconut PCL's own Gross Margin % has ranged from 15.91 to 26.21 over the past decade. While the company's 10-year median is 22.53 vs. the industry median of 26.36, Thai Coconut 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 Consumer Packaged Goods company?
The median Gross Margin % among Consumer Packaged Goods companies is 26.36, based on 1,906 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. Thai Coconut PCL's current Gross Margin % of 22.56% is 14.4% 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 Thai Coconut PCL and its competitors. For the Consumer Packaged Goods industry, the median Gross Margin % is 26.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thai Coconut PCL's current Gross Margin % is 22.56%, which is near median its own 10-year median of 22.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thai Coconut PCL stock overvalued right now?
Based on GuruFocus' analysis, Thai Coconut PCL (BKK:COCOCO) is currently considered Significantly Undervalued. The stock's GF Value™ is ฿11.51, compared to a current price of ฿6.10 — trading 47% below its estimated fair value. The current Gross Margin % is 22.56%, which is near median its 10-year median of 22.53 and 14.4% below the Consumer Packaged Goods industry median of 26.36. Thai Coconut PCL's overall GF Score™ is 59/100 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 Thai Coconut PCL (BKK:COCOCO), the current Gross Margin % is 22.56% 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 Thai Coconut PCL (BKK:COCOCO) Overvalued in 2026?

Based on GuruFocus' analysis, Thai Coconut PCL stock appears to be undervalued. The current stock price of ฿6.10 is trading 47% below its estimated GF Value™ of ฿11.51. GuruFocus considers Thai Coconut PCL to be Significantly Undervalued.

Key valuation signals for BKK:COCOCO:

  • Gross Margin %: 22.56% (near median its 10-year median of 22.53)
  • GF Value™: ฿11.51 vs. price of ฿6.10 (47% below fair value)
  • GF Score™: 59/100 with 7 warning signs
  • Industry Position: 14.4% below the Consumer Packaged Goods median (#1247 of 1906)

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


Thai Coconut PCL Business Description

Address Changwattana Road, 108/45 Soi Changwattana 20, Pakkred, Nonthaburi, THA, 11120
Thai Coconut PCL is engaged in the production and distribution of coconut products. The company operates as a manufacturer of coconut-based products, including coconut milk, coconut water, ready curry soups, and coconut snacks, produced under the Thaicoco and Cocoburi brands. It also produces industrial coconut-based products. Its reportable segments are: Coconut milk, Coconut water, and Pet food. It generates the majority of revenue from the Coconut water segment. Geographically, it generates the maximum revenue from Asia, followed by America, Europe, the Middle East, Oceania, and Africa.
59GF Score

Get the complete analysis for BKK:COCOCO

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

฿6.10
Price
฿11.51
GF Value