Firetrade Engineering PCLBKK:FTE -0.76%80 Gross Margin % is 24.34% as of Mar. 2026, which is 6% below its 10-year median of 26.02. GuruFocus rates BKK:FTE with a GF Score™ of 80/100 and a GF Value™ of ฿1.99 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,006 Business Services companies, Firetrade Engineering PCL ranks worse than 67.99% 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
Firetrade Engineering PCL had a gross margin of 24.34% 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.
Firetrade Engineering PCL Gross Margin % Related Terms
Firetrade 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.
BKK:FTE vs ALLE, MSA, ADT: Gross Margin % Comparison
For the Security & Protection Services subindustry, Firetrade 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.
Firetrade Engineering PCL Gross Margin % vs Business Services Industry
For the Business Services industry and Industrials sector, Firetrade Engineering PCL's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Firetrade 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.
Firetrade Engineering PCL (BKK:FTE) has a Gross Margin % of 24.34% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Firetrade Engineering PCL and its competitors. This is near median its historical median of 26.02. Over the past decade, Firetrade Engineering PCL's Gross Margin % has ranged from 22.76 to 27.86. According to the industry distribution chart, Firetrade Engineering PCL ranks #684 out of 1006 companies in the Business Services industry, placing it in the top 68%.
Is Firetrade Engineering PCL's Gross Margin % too high?
Firetrade Engineering PCL's current Gross Margin % of 24.34% is near median its 10-year median of 26.02. Over the past 10 years, this metric has ranged from a low of 22.76 to a high of 27.86. The Business Services industry median Gross Margin % is 34.46. Firetrade Engineering PCL's value of 24.34% is 29.4% below this industry median. Based on the distribution chart, Firetrade Engineering PCL ranks #684 out of 1006 companies in the Business Services industry, which is below the industry midpoint. Overall, Firetrade Engineering PCL has a GF Score™ of 80/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Firetrade Engineering PCL's Gross Margin % compare to ALLE and MSA?
According to the Business Services industry distribution chart, Firetrade Engineering PCL ranks #684 out of 1006 companies for Gross Margin %. This places Firetrade Engineering PCL in the lower half of its industry. The industry median Gross Margin % is 34.46. Firetrade Engineering PCL's value of 24.34% is 29.4% below this benchmark. Historically, Firetrade Engineering PCL's own Gross Margin % has ranged from 22.76 to 27.86 over the past decade. While the company's 10-year median is 26.02 vs. the industry median of 34.46, Firetrade 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 Business Services company?
The median Gross Margin % among Business Services companies is 34.46, based on 1,006 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. Firetrade Engineering PCL's current Gross Margin % of 24.34% is 29.4% 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 Firetrade Engineering PCL and its competitors. For the Business Services industry, the median Gross Margin % is 34.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Firetrade Engineering PCL's current Gross Margin % is 24.34%, which is near median its own 10-year median of 26.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Firetrade Engineering PCL stock overvalued right now?
Based on GuruFocus' analysis, Firetrade Engineering PCL (BKK:FTE) is currently considered Significantly Overvalued. The stock's GF Value™ is ฿1.99, compared to a current price of ฿2.60 — trading 30.7% above its estimated fair value. The current Gross Margin % is 24.34%, which is near median its 10-year median of 26.02 and 29.4% below the Business Services industry median of 34.46. Firetrade Engineering PCL's overall GF Score™ is 80/100 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 Firetrade Engineering PCL (BKK:FTE), the current Gross Margin % is 24.34% 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 Firetrade Engineering PCL (BKK:FTE) Overvalued in 2026?
Based on GuruFocus' analysis, Firetrade Engineering PCL stock appears to be overvalued.
The current stock price of ฿2.60 is trading 30.7% above its estimated GF Value™ of ฿1.99.
GuruFocus considers Firetrade Engineering PCL to be Significantly Overvalued.
Key valuation signals for BKK:FTE:
Gross Margin %: 24.34% (near median its 10-year median of 26.02)
GF Value™: ฿1.99 vs. price of ฿2.60 (30.7% above fair value)
Industry Position: 29.4% below the Business Services median (#684 of 1006)
No single metric tells the full story. See the BKK:FTE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Firetrade Engineering PCL is engaged in the sales of fire protection equipment and systems, design, installation, repair, and maintenance of fire protection systems. The company operates in two main business segments, namely sales of fire protection equipment systems and project works and services (design, installation, repair and maintenance of fire protection systems). Its products include fire protection equipment, foam system, cold water, and sanitary valves. The sales of the fire protection equipment systems segment act as a revenue driver for the firm. Its operations are in a single geographic area mainly in Thailand.
80GF Score
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