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 Technical Engineering PCL had a gross margin of 16.37% 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.
Eastern Technical Engineering PCL Gross Margin % Related Terms
Eastern Technical Engineering 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 Conglomerates subindustry, Eastern Technical Engineering 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 Technical Engineering PCL Gross Margin % vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, Eastern Technical Engineering PCL's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Eastern Technical Engineering 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.
Eastern Technical Engineering PCL (BKK:ETE-R) has a Gross Margin % of 16.37% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Eastern Technical Engineering PCL and its competitors. This is 20% above median its historical median of 13.66. Over the past decade, Eastern Technical Engineering PCL's Gross Margin % has ranged from 9.78 to 15.47. According to the industry distribution chart, Eastern Technical Engineering PCL ranks #412 out of 515 companies in the Conglomerates industry, placing it in the top 80%.
Is Eastern Technical Engineering PCL's Gross Margin % too high?
Eastern Technical Engineering PCL's current Gross Margin % of 16.37% is 20% above median its 10-year median of 13.66. Over the past 10 years, this metric has ranged from a low of 9.78 to a high of 15.47. The Conglomerates industry median Gross Margin % is 25.96. Eastern Technical Engineering PCL's value of 16.37% is 36.9% below this industry median. Based on the distribution chart, Eastern Technical Engineering PCL ranks #412 out of 515 companies in the Conglomerates industry, which is in the bottom quartile relative to peers. Overall, Eastern Technical Engineering PCL has a GF Score™ of 43/100, reflecting its overall financial health beyond just this single metric.
How does Eastern Technical Engineering PCL's Gross Margin % compare to HON and MMM?
According to the Conglomerates industry distribution chart, Eastern Technical Engineering PCL ranks #412 out of 515 companies for Gross Margin %. This places Eastern Technical Engineering PCL in the lower half of its industry. The industry median Gross Margin % is 25.96. Eastern Technical Engineering PCL's value of 16.37% is 36.9% below this benchmark. Historically, Eastern Technical Engineering PCL's own Gross Margin % has ranged from 9.78 to 15.47 over the past decade. While the company's 10-year median is 13.66 vs. the industry median of 25.96, Eastern Technical Engineering 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 Conglomerates company?
The median Gross Margin % among Conglomerates companies is 25.96, based on 515 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 Technical Engineering PCL's current Gross Margin % of 16.37% is 36.9% 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 Technical Engineering PCL and its competitors. For the Conglomerates industry, the median Gross Margin % is 25.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Eastern Technical Engineering PCL's current Gross Margin % is 16.37%, which is 20% above median its own 10-year median of 13.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Eastern Technical Engineering PCL stock overvalued right now?
Eastern Technical Engineering PCL (BKK:ETE-R) has a current Gross Margin % of 16.37%. The stock's GF Value™ is ฿0.96, compared to a current price of ฿0.69 — trading 28.1% below its estimated fair value. The current Gross Margin % is 16.37%, which is 20% above median its 10-year median of 13.66 and 36.9% below the Conglomerates industry median of 25.96. Eastern Technical Engineering PCL's overall GF Score™ is 43/100 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 Eastern Technical Engineering PCL (BKK:ETE-R), the current Gross Margin % is 16.37% 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 Technical Engineering PCL (BKK:ETE-R) Overvalued in 2026?
Based on GuruFocus' analysis, Eastern Technical Engineering PCL stock appears to be undervalued.
The current stock price of ฿0.69 is trading 28.1% below its estimated GF Value™ of ฿0.96.
Key valuation signals for BKK:ETE-R:
Gross Margin %: 16.37% (20% above median its 10-year median of 13.66)
GF Value™: ฿0.96 vs. price of ฿0.69 (28.1% below fair value)
Industry Position: 36.9% below the Conglomerates median (#412 of 515)
No single metric tells the full story. See the BKK:ETE-R stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Eastern Technical Engineering PCL Business Description
Eastern Technical Engineering PCL operates management service, installation service of electricity transmission network, telecommunication network, power generation from renewable energy and sale of goods and other services. Its segments include the business of management service, the business of construction service, the business of renewable energy, the business of sale of goods and other services. It operates in a single geographic area, namely in Thailand.
43GF Score
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