Earth Tech Environment PCLBKK:ETC-R 70 Gross Margin % is 34.40% as of Mar. 2026, which is 18% below its 10-year median of 42.11. GuruFocus rates BKK:ETC-R with a GF Score™ of 70/100 and a GF Value™ of ฿1.76. The stock has 4 warning signs investors should review. Among 403 Utilities - Independent Power Producers companies, Earth Tech Environment PCL ranks better than 54.84% on this metric.
BKK:ETC-R's Gross Margin % is ranked better than 54.84% of 403
companies
in the Utilities - Independent Power Producers industry
Industry Median: 31.35
vs BKK:ETC-R: 35.81
Earth Tech Environment PCL had a gross margin of 34.40% for the quarter that ended in Mar. 2026 => Competition eroding margins
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
Earth Tech Environment PCL had a gross margin of 34.40% 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.
Earth Tech Environment PCL Gross Margin % Related Terms
Earth Tech Environment PCL Gross Margin % Historical Data
* 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 Utilities - Renewable subindustry, Earth Tech Environment 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.
Earth Tech Environment PCL Gross Margin % vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Earth Tech Environment PCL's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Earth Tech Environment 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.
Earth Tech Environment PCL (BKK:ETC-R) has a Gross Margin % of 34.40% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Earth Tech Environment PCL and its competitors. This is 18% below median its historical median of 42.11. Over the past decade, Earth Tech Environment PCL's Gross Margin % has ranged from 31.40 to 56.66. According to the industry distribution chart, Earth Tech Environment PCL ranks #182 out of 403 companies in the Utilities - Independent Power Producers industry, placing it in the top 45.2%.
Is Earth Tech Environment PCL's Gross Margin % too high?
Earth Tech Environment PCL's current Gross Margin % of 34.40% is 18% below median its 10-year median of 42.11. Over the past 10 years, this metric has ranged from a low of 31.40 to a high of 56.66. The Utilities - Independent Power Producers industry median Gross Margin % is 31.35. Earth Tech Environment PCL's value of 34.40% is 9.7% above this industry median. Based on the distribution chart, Earth Tech Environment PCL ranks #182 out of 403 companies in the Utilities - Independent Power Producers industry, which is above the industry midpoint. Overall, Earth Tech Environment PCL has a GF Score™ of 70/100, reflecting its overall financial health beyond just this single metric.
How does Earth Tech Environment PCL's Gross Margin % compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Earth Tech Environment PCL ranks #182 out of 403 companies for Gross Margin %. This puts Earth Tech Environment PCL in the upper half of its industry. The industry median Gross Margin % is 31.35. Earth Tech Environment PCL's value of 34.40% is 9.7% above this benchmark. Historically, Earth Tech Environment PCL's own Gross Margin % has ranged from 31.40 to 56.66 over the past decade. While the company's 10-year median is 42.11 vs. the industry median of 31.35, Earth Tech Environment PCL has consistently been above 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. Earth Tech Environment PCL's current Gross Margin % of 34.40% is 9.7% above 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 Earth Tech Environment 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. Earth Tech Environment PCL's current Gross Margin % is 34.40%, which is 18% below median its own 10-year median of 42.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Earth Tech Environment PCL stock overvalued right now?
Earth Tech Environment PCL (BKK:ETC-R) has a current Gross Margin % of 34.40%. The stock's GF Value™ is ฿1.76, compared to a current price of ฿0.68 — trading 61.6% below its estimated fair value. The current Gross Margin % is 34.40%, which is 18% below median its 10-year median of 42.11 and 9.7% above the Utilities - Independent Power Producers industry median of 31.35. Earth Tech Environment PCL's overall GF Score™ is 70/100 with 4 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 Earth Tech Environment PCL (BKK:ETC-R), the current Gross Margin % is 34.40% 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 Earth Tech Environment PCL (BKK:ETC-R) Overvalued in 2026?
Based on GuruFocus' analysis, Earth Tech Environment PCL stock appears to be undervalued.
The current stock price of ฿0.68 is trading 61.6% below its estimated GF Value™ of ฿1.76.
Key valuation signals for BKK:ETC-R:
Gross Margin %: 34.40% (18% below median its 10-year median of 42.11)
GF Value™: ฿1.76 vs. price of ฿0.68 (61.6% below fair value)
Industry Position: 9.7% above the Utilities - Independent Power Producers median (#182 of 403)
No single metric tells the full story. See the BKK:ETC-R stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Earth Tech Environment PCL is a service provider for the production and distribution of electricity. It produces and distributes electricity from the first non-hazardous industrial materials in Thailand by using sewage or unused materials to process as fuel to produce electricity. It also provides an air quality control system, water management system, and community involvement. The company's segment includes Power business and Construction. It generates maximum revenue from the Power business segment.
70GF Score
Get the complete analysis for BKK:ETC-R
Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
BKK:ETC-R has been successfully added to your 
