Charoong Thai Wire & Cable PCLBKK:CTW +2.26%49 Gross Margin % is 10.82% as of Mar. 2026, which is 60% above its 10-year median of 6.76. GuruFocus rates BKK:CTW with a GF Score™ of 49/100 and a GF Value™ of ฿3.95 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 2,993 Industrial Products companies, Charoong Thai Wire & Cable PCL ranks worse than 92.15% on this metric.
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
Charoong Thai Wire & Cable PCL had a gross margin of 10.82% 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.
* 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.
For the Electrical Equipment & Parts subindustry, Charoong Thai Wire & Cable 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.
Charoong Thai Wire & Cable PCL Gross Margin % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Charoong Thai Wire & Cable PCL's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Charoong Thai Wire & Cable PCL's Gross Margin % falls into.
* 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.
Charoong Thai Wire & Cable PCL (BKK:CTW) has a Gross Margin % of 10.82% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Charoong Thai Wire & Cable PCL and its competitors. This is 60% above median its historical median of 6.76. According to the industry distribution chart, Charoong Thai Wire & Cable PCL ranks #2758 out of 2993 companies in the Industrial Products industry, placing it in the top 92.1%.
Is Charoong Thai Wire & Cable PCL's Gross Margin % too high?
Charoong Thai Wire & Cable PCL's current Gross Margin % of 10.82% is 60% above median its 10-year median of 6.76. The Industrial Products industry median Gross Margin % is 26.81. Charoong Thai Wire & Cable PCL's value of 10.82% is 59.6% below this industry median. Based on the distribution chart, Charoong Thai Wire & Cable PCL ranks #2758 out of 2993 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Charoong Thai Wire & Cable PCL has a GF Score™ of 49/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Charoong Thai Wire & Cable PCL's Gross Margin % compare to VRT and BE?
According to the Industrial Products industry distribution chart, Charoong Thai Wire & Cable PCL ranks #2758 out of 2993 companies for Gross Margin %. This places Charoong Thai Wire & Cable PCL in the lower half of its industry. The industry median Gross Margin % is 26.81. Charoong Thai Wire & Cable PCL's value of 10.82% is 59.6% below this benchmark. While the company's 10-year median is 6.76 vs. the industry median of 26.81, Charoong Thai Wire & Cable 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 26.81, based on 2,993 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. Charoong Thai Wire & Cable PCL's current Gross Margin % of 10.82% is 59.6% 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 Charoong Thai Wire & Cable PCL and its competitors. For the Industrial Products industry, the median Gross Margin % is 26.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Charoong Thai Wire & Cable PCL's current Gross Margin % is 10.82%, which is 60% above median its own 10-year median of 6.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Charoong Thai Wire & Cable PCL stock overvalued right now?
Based on GuruFocus' analysis, Charoong Thai Wire & Cable PCL (BKK:CTW) is currently considered Significantly Overvalued. The stock's GF Value™ is ฿3.95, compared to a current price of ฿6.80 — trading 72.2% above its estimated fair value. The current Gross Margin % is 10.82%, which is 60% above median its 10-year median of 6.76 and 59.6% below the Industrial Products industry median of 26.81. Charoong Thai Wire & Cable PCL's overall GF Score™ is 49/100 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 Charoong Thai Wire & Cable PCL (BKK:CTW), the current Gross Margin % is 10.82% 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 Charoong Thai Wire & Cable PCL (BKK:CTW) Overvalued in 2026?
Based on GuruFocus' analysis, Charoong Thai Wire & Cable PCL stock appears to be overvalued.
The current stock price of ฿6.80 is trading 72.2% above its estimated GF Value™ of ฿3.95.
GuruFocus considers Charoong Thai Wire & Cable PCL to be Significantly Overvalued.
Key valuation signals for BKK:CTW:
Gross Margin %: 10.82% (60% above median its 10-year median of 6.76)
GF Value™: ฿3.95 vs. price of ฿6.80 (72.2% above fair value)
Industry Position: 59.6% below the Industrial Products median (#2758 of 2993)
No single metric tells the full story. See the BKK:CTW stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Charoong Thai Wire & Cable PCL Business Description
Charoong Thai Wire & Cable PCL is engaged in the manufacturing and distribution of electric wire and cables and telephone cables. The reportable segments of the company are the power cable segment, which consists of aluminum conductor power cable, copper conductor power cable, and high voltage power cable; the communication cable segment, enameled and non-enameled wire segment, which consists of enameled copper wire, enameled aluminum wire, and non-enameled copper wire; and the fiber optic cable segment. The company derives a majority of its revenue from the power cable segment. Geographically, the company operates in Thailand, Vietnam, Hong Kong Special Administrative Region of the People's Republic of China, the Republic of the Union of Myanmar, and Other regions.
49GF Score
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