Hwa Fong Rubber (Thailand) PCL (BKK:HFT) Gross Margin %: 14.03% (As of Mar. 2026) — 22% Below Median

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BKK:HFT Hwa Fong Rubber (Thailand) PCL BKK:HFT
66 GF Score
Price ฿4.02
GF Value ฿3.82
Valuation Fairly Valued
! 8 Warning Signs
View Full Analysis

What is Hwa Fong Rubber (Thailand) PCL Gross Margin %?

Hwa Fong Rubber (Thailand) PCL BKK:HFT -0.50% 66 Gross Margin % is 14.03% as of Mar. 2026, which is 22% below its 10-year median of 18.10. GuruFocus rates BKK:HFT with a GF Score™ of 66/100 and a GF Value™ of ฿3.82 (Fairly Valued). The stock has 8 warning signs investors should review. Among 1,307 Vehicles & Parts companies, Hwa Fong Rubber (Thailand) PCL ranks worse than 76.43% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Hwa Fong Rubber (Thailand) PCL's Gross Profit for the three months ended in Mar. 2026 was ฿86 Mil. Hwa Fong Rubber (Thailand) PCL's Revenue for the three months ended in Mar. 2026 was ฿616 Mil. Therefore, Hwa Fong Rubber (Thailand) PCL's Gross Margin % for the quarter that ended in Mar. 2026 was 14.03%.

Warning Sign:

Hwa Fong Rubber (Thailand) PCL gross margin has been in long-term decline. The average rate of decline per year is -7.5%.


The historical rank and industry rank for Hwa Fong Rubber (Thailand) PCL's Gross Margin % or its related term are showing as below:

BKK:HFT' s Gross Margin % Range Over the Past 10 Years
Min: 13.37   Med: 18.1   Max: 31.9
Current: 13.37


During the past 13 years, the highest Gross Margin % of Hwa Fong Rubber (Thailand) PCL was 31.90%. The lowest was 13.37%. And the median was 18.10%.

BKK:HFT's Gross Margin % is ranked worse than
76.43% of 1307 companies
in the Vehicles & Parts industry
Industry Median: 19.87 vs BKK:HFT: 13.37

Hwa Fong Rubber (Thailand) PCL had a gross margin of 14.03% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Hwa Fong Rubber (Thailand) PCL was -7.50% per year.


Hwa Fong Rubber (Thailand) PCL  (BKK:HFT) 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

Hwa Fong Rubber (Thailand) PCL had a gross margin of 14.03% 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.


Hwa Fong Rubber (Thailand) PCL Gross Margin % Related Terms


Hwa Fong Rubber (Thailand) PCL Gross Margin % Historical Data

* Premium members only.

The historical data trend for Hwa Fong Rubber (Thailand) 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.

Hwa Fong Rubber (Thailand) PCL Gross Margin % Chart

Hwa Fong Rubber (Thailand) 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 19.93 16.03 17.46 18.11 14.10

Hwa Fong Rubber (Thailand) 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 16.71 12.85 9.26 16.47 14.03

BKK:HFT vs ORLY, AZO: Gross Margin % Comparison

For the Auto Parts subindustry, Hwa Fong Rubber (Thailand) 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.


Hwa Fong Rubber (Thailand) PCL Gross Margin % vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Hwa Fong Rubber (Thailand) PCL's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Hwa Fong Rubber (Thailand) PCL's Gross Margin % falls into.


BKK:HFT
66GF Score
Hwa Fong Rubber (Thailand) PCL BKK:HFT
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Hwa Fong Rubber (Thailand) PCL Gross Margin % Calculation

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

Hwa Fong Rubber (Thailand) 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 )
=379.3 / 2690.604
=(Revenue - Cost of Goods Sold) / Revenue
=(2690.604 - 2311.331) / 2690.604
=14.10 %

Hwa Fong Rubber (Thailand) 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 )
=86.5 / 616.281
=(Revenue - Cost of Goods Sold) / Revenue
=(616.281 - 529.788) / 616.281
=14.03 %

* 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 14.03% mean?
Hwa Fong Rubber (Thailand) PCL (BKK:HFT) has a Gross Margin % of 14.03% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Hwa Fong Rubber (Thailand) PCL and its competitors. This is 22% below median its historical median of 18.10. Over the past decade, Hwa Fong Rubber (Thailand) PCL's Gross Margin % has ranged from 13.37 to 31.90. According to the industry distribution chart, Hwa Fong Rubber (Thailand) PCL ranks #999 out of 1307 companies in the Vehicles & Parts industry, placing it in the top 76.4%.
Is Hwa Fong Rubber (Thailand) PCL's Gross Margin % too high?
Hwa Fong Rubber (Thailand) PCL's current Gross Margin % of 14.03% is 22% below median its 10-year median of 18.10. Over the past 10 years, this metric has ranged from a low of 13.37 to a high of 31.90. The Vehicles & Parts industry median Gross Margin % is 19.87. Hwa Fong Rubber (Thailand) PCL's value of 14.03% is 29.4% below this industry median. Based on the distribution chart, Hwa Fong Rubber (Thailand) PCL ranks #999 out of 1307 companies in the Vehicles & Parts industry, which is in the bottom quartile relative to peers. Overall, Hwa Fong Rubber (Thailand) PCL has a GF Score™ of 66/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Hwa Fong Rubber (Thailand) PCL's Gross Margin % compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Hwa Fong Rubber (Thailand) PCL ranks #999 out of 1307 companies for Gross Margin %. This places Hwa Fong Rubber (Thailand) PCL in the lower half of its industry. The industry median Gross Margin % is 19.87. Hwa Fong Rubber (Thailand) PCL's value of 14.03% is 29.4% below this benchmark. Historically, Hwa Fong Rubber (Thailand) PCL's own Gross Margin % has ranged from 13.37 to 31.90 over the past decade. While the company's 10-year median is 18.10 vs. the industry median of 19.87, Hwa Fong Rubber (Thailand) 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 Vehicles & Parts company?
The median Gross Margin % among Vehicles & Parts companies is 19.87, based on 1,307 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. Hwa Fong Rubber (Thailand) PCL's current Gross Margin % of 14.03% 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 Hwa Fong Rubber (Thailand) PCL and its competitors. For the Vehicles & Parts industry, the median Gross Margin % is 19.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hwa Fong Rubber (Thailand) PCL's current Gross Margin % is 14.03%, which is 22% below median its own 10-year median of 18.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hwa Fong Rubber (Thailand) PCL stock overvalued right now?
Based on GuruFocus' analysis, Hwa Fong Rubber (Thailand) PCL (BKK:HFT) is currently considered Fairly Valued. The stock's GF Value™ is ฿3.82, compared to a current price of ฿4.02 — trading 5.2% above its estimated fair value. The current Gross Margin % is 14.03%, which is 22% below median its 10-year median of 18.10 and 29.4% below the Vehicles & Parts industry median of 19.87. Hwa Fong Rubber (Thailand) PCL's overall GF Score™ is 66/100 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 Hwa Fong Rubber (Thailand) PCL (BKK:HFT), the current Gross Margin % is 14.03% 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 Hwa Fong Rubber (Thailand) PCL (BKK:HFT) Overvalued in 2026?

Based on GuruFocus' analysis, Hwa Fong Rubber (Thailand) PCL stock appears to be overvalued. The current stock price of ฿4.02 is trading 5.2% above its estimated GF Value™ of ฿3.82. GuruFocus considers Hwa Fong Rubber (Thailand) PCL to be Fairly Valued.

Key valuation signals for BKK:HFT:

  • Gross Margin %: 14.03% (22% below median its 10-year median of 18.10)
  • GF Value™: ฿3.82 vs. price of ฿4.02 (5.2% above fair value)
  • GF Score™: 66/100 with 8 warning signs
  • Industry Position: 29.4% below the Vehicles & Parts median (#999 of 1307)

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


Hwa Fong Rubber (Thailand) PCL Business Description

Address No. 317 Moo 4, Soi 6C, Bangpoo Industrial Estate, Phraeksa Subdistrict, Mueang Samut Prakan District, Samut Prakarn, THA, 10280
Hwa Fong Rubber (Thailand) PCL is a Thailand-based company engaged in the manufacturing and distribution of tires and tubes for bicycles, motorcycles, and small logistics vehicles such as trolley forklifts, golf carts, and hiking carts. The company operates in two reportable segments: Sale of goods and services, which derives maximum revenue, and Investment. Geographically, the company's business is spread across Asia, Europe, America, and Other regions.
66GF Score

Get the complete analysis for BKK:HFT

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

฿4.02
Price
฿3.82
GF Value