Eastern Star Real Estate PCL (BKK:ESTAR) Gross Margin %: 31.06% (As of Mar. 2026) — Near Median


BKK:ESTAR Eastern Star Real Estate PCL BKK:ESTAR
47 GF Score
Price ฿0.20
GF Value ฿0.35
Valuation Possible Value Trap
! 8 Warning Signs
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What is Eastern Star Real Estate PCL Gross Margin %?

Eastern Star Real Estate PCL BKK:ESTAR -4.76% 47 Gross Margin % is 31.06% as of Mar. 2026, which is 4% above its 10-year median of 29.97. GuruFocus rates BKK:ESTAR with a GF Score™ of 47/100 and a GF Value™ of ฿0.35 (Possible Value Trap). The stock has 8 warning signs investors should review. Among 1,644 Real Estate companies, Eastern Star Real Estate PCL ranks worse than 60.16% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Eastern Star Real Estate PCL's Gross Profit for the three months ended in Mar. 2026 was ฿161 Mil. Eastern Star Real Estate PCL's Revenue for the three months ended in Mar. 2026 was ฿520 Mil. Therefore, Eastern Star Real Estate PCL's Gross Margin % for the quarter that ended in Mar. 2026 was 31.06%.

Warning Sign:

Eastern Star Real Estate PCL gross margin has been in long-term decline. The average rate of decline per year is -1.5%.


The historical rank and industry rank for Eastern Star Real Estate PCL's Gross Margin % or its related term are showing as below:

BKK:ESTAR' s Gross Margin % Range Over the Past 10 Years
Min: 25.75   Med: 29.97   Max: 32.07
Current: 29.43


During the past 13 years, the highest Gross Margin % of Eastern Star Real Estate PCL was 32.07%. The lowest was 25.75%. And the median was 29.97%.

BKK:ESTAR's Gross Margin % is ranked worse than
60.16% of 1644 companies
in the Real Estate industry
Industry Median: 36.96 vs BKK:ESTAR: 29.43

Eastern Star Real Estate PCL had a gross margin of 31.06% for the quarter that ended in Mar. 2026 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Eastern Star Real Estate PCL was -1.50% per year.


Eastern Star Real Estate PCL  (BKK:ESTAR) 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

Eastern Star Real Estate PCL had a gross margin of 31.06% 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.


Eastern Star Real Estate PCL Gross Margin % Related Terms


Eastern Star Real Estate PCL Gross Margin % Historical Data

* Premium members only.

The historical data trend for Eastern Star Real Estate 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.

Eastern Star Real Estate PCL Gross Margin % Chart

Eastern Star Real Estate 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 26.85 28.72 30.14 25.75 29.36

Eastern Star Real Estate 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 31.93 32.09 30.37 27.67 31.06

Eastern Star Real Estate PCL Gross Margin % Competitor Comparison

For the Real Estate - Development subindustry, Eastern Star Real Estate 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.


Eastern Star Real Estate PCL Gross Margin % vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Eastern Star Real Estate PCL's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Eastern Star Real Estate PCL's Gross Margin % falls into.


BKK:ESTAR
47GF Score
Eastern Star Real Estate PCL BKK:ESTAR
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Eastern Star Real Estate PCL Gross Margin % Calculation

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

Eastern Star Real Estate 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 )
=593.7 / 2022.007
=(Revenue - Cost of Goods Sold) / Revenue
=(2022.007 - 1428.293) / 2022.007
=29.36 %

Eastern Star Real Estate 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 )
=161.3 / 519.519
=(Revenue - Cost of Goods Sold) / Revenue
=(519.519 - 358.178) / 519.519
=31.06 %

* 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 31.06% mean?
Eastern Star Real Estate PCL (BKK:ESTAR) has a Gross Margin % of 31.06% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Eastern Star Real Estate PCL and its competitors. This is near median its historical median of 29.97. Over the past decade, Eastern Star Real Estate PCL's Gross Margin % has ranged from 25.75 to 32.07. According to the industry distribution chart, Eastern Star Real Estate PCL ranks #989 out of 1644 companies in the Real Estate industry, placing it in the top 60.2%.
Is Eastern Star Real Estate PCL's Gross Margin % too high?
Eastern Star Real Estate PCL's current Gross Margin % of 31.06% is near median its 10-year median of 29.97. Over the past 10 years, this metric has ranged from a low of 25.75 to a high of 32.07. The Real Estate industry median Gross Margin % is 36.96. Eastern Star Real Estate PCL's value of 31.06% is 16% below this industry median. Based on the distribution chart, Eastern Star Real Estate PCL ranks #989 out of 1644 companies in the Real Estate industry, which is below the industry midpoint. Overall, Eastern Star Real Estate PCL has a GF Score™ of 47/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Eastern Star Real Estate PCL's Gross Margin % compare to competitors?
According to the Real Estate industry distribution chart, Eastern Star Real Estate PCL ranks #989 out of 1644 companies for Gross Margin %. This places Eastern Star Real Estate PCL in the lower half of its industry. The industry median Gross Margin % is 36.96. Eastern Star Real Estate PCL's value of 31.06% is 16% below this benchmark. Historically, Eastern Star Real Estate PCL's own Gross Margin % has ranged from 25.75 to 32.07 over the past decade. While the company's 10-year median is 29.97 vs. the industry median of 36.96, Eastern Star Real Estate 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 Real Estate company?
The median Gross Margin % among Real Estate companies is 36.96, based on 1,644 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. Eastern Star Real Estate PCL's current Gross Margin % of 31.06% is 16% 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 Eastern Star Real Estate PCL and its competitors. For the Real Estate industry, the median Gross Margin % is 36.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Eastern Star Real Estate PCL's current Gross Margin % is 31.06%, which is near median its own 10-year median of 29.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Eastern Star Real Estate PCL stock overvalued right now?
Based on GuruFocus' analysis, Eastern Star Real Estate PCL (BKK:ESTAR) is currently considered Possible Value Trap. The stock's GF Value™ is ฿0.35, compared to a current price of ฿0.20 — trading 42.9% below its estimated fair value. The current Gross Margin % is 31.06%, which is near median its 10-year median of 29.97 and 16% below the Real Estate industry median of 36.96. Eastern Star Real Estate PCL's overall GF Score™ is 47/100 with 8 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 Eastern Star Real Estate PCL (BKK:ESTAR), the current Gross Margin % is 31.06% 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 Eastern Star Real Estate PCL (BKK:ESTAR) Overvalued in 2026?

Based on GuruFocus' analysis, Eastern Star Real Estate PCL stock appears to be undervalued. The current stock price of ฿0.20 is trading 42.9% below its estimated GF Value™ of ฿0.35. GuruFocus considers Eastern Star Real Estate PCL to be Possible Value Trap.

Key valuation signals for BKK:ESTAR:

  • Gross Margin %: 31.06% (near median its 10-year median of 29.97)
  • GF Value™: ฿0.35 vs. price of ฿0.20 (42.9% below fair value)
  • GF Score™: 47/100 with 8 warning signs
  • Industry Position: 16% below the Real Estate median (#989 of 1644)

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


Eastern Star Real Estate PCL Business Description

Address Ploenchit Road, 5th Floor, No.898 Ploenchit Tower Building, Lumpini, Pathumwan, Bangkok, THA, 10330
Eastern Star Real Estate PCL is a company engaged in the real estate development business. It undertakes housing and condominium projects. The group operates in four business segments, namely, the Real estate business, Golf course business, Rental business, and property rental business segment, of which a majority of the revenue is derived from the Real estate business. The company and its subsidiaries operate only in Thailand.
47GF Score

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

฿0.20
Price
฿0.35
GF Value