I.C.C.International PCLBKK:ICC 68 Gross Margin % is 33.19% as of Mar. 2026, which is 9% above its 10-year median of 30.32. GuruFocus rates BKK:ICC with a GF Score™ of 68/100 and a GF Value™ of ฿22.98 (Fairly Valued). The stock has 7 warning signs investors should review. Among 1,113 Retail - Cyclical companies, I.C.C.International PCL ranks worse than 59.75% 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
I.C.C.International PCL had a gross margin of 33.19% 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.
I.C.C.International PCL Gross Margin % Related Terms
I.C.C.International 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:ICC vs TJX, ROST, BURL: Gross Margin % Comparison
For the Apparel Retail subindustry, I.C.C.International 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.
I.C.C.International PCL Gross Margin % vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, I.C.C.International PCL's Gross Margin % distribution charts can be found below:
* The bar in red indicates where I.C.C.International 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.
I.C.C.International PCL (BKK:ICC) has a Gross Margin % of 33.19% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on I.C.C.International PCL and its competitors. This is near median its historical median of 30.32. Over the past decade, I.C.C.International PCL's Gross Margin % has ranged from 27.30 to 37.77. According to the industry distribution chart, I.C.C.International PCL ranks #665 out of 1113 companies in the Retail - Cyclical industry, placing it in the top 59.7%.
Is I.C.C.International PCL's Gross Margin % too high?
I.C.C.International PCL's current Gross Margin % of 33.19% is near median its 10-year median of 30.32. Over the past 10 years, this metric has ranged from a low of 27.30 to a high of 37.77. The Retail - Cyclical industry median Gross Margin % is 36.37. I.C.C.International PCL's value of 33.19% is 8.7% below this industry median. Based on the distribution chart, I.C.C.International PCL ranks #665 out of 1113 companies in the Retail - Cyclical industry, which is below the industry midpoint. Overall, I.C.C.International PCL has a GF Score™ of 68/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does I.C.C.International PCL's Gross Margin % compare to TJX and ROST?
According to the Retail - Cyclical industry distribution chart, I.C.C.International PCL ranks #665 out of 1113 companies for Gross Margin %. This places I.C.C.International PCL in the lower half of its industry. The industry median Gross Margin % is 36.37. I.C.C.International PCL's value of 33.19% is 8.7% below this benchmark. Historically, I.C.C.International PCL's own Gross Margin % has ranged from 27.30 to 37.77 over the past decade. While the company's 10-year median is 30.32 vs. the industry median of 36.37, I.C.C.International 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 Retail - Cyclical company?
The median Gross Margin % among Retail - Cyclical companies is 36.37, based on 1,113 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. I.C.C.International PCL's current Gross Margin % of 33.19% is 8.7% 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 I.C.C.International PCL and its competitors. For the Retail - Cyclical industry, the median Gross Margin % is 36.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. I.C.C.International PCL's current Gross Margin % is 33.19%, which is near median its own 10-year median of 30.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is I.C.C.International PCL stock overvalued right now?
Based on GuruFocus' analysis, I.C.C.International PCL (BKK:ICC) is currently considered Fairly Valued. The stock's GF Value™ is ฿22.98, compared to a current price of ฿24.00 — trading 4.4% above its estimated fair value. The current Gross Margin % is 33.19%, which is near median its 10-year median of 30.32 and 8.7% below the Retail - Cyclical industry median of 36.37. I.C.C.International PCL's overall GF Score™ is 68/100 with 7 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 I.C.C.International PCL (BKK:ICC), the current Gross Margin % is 33.19% 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 I.C.C.International PCL (BKK:ICC) Overvalued in 2026?
Based on GuruFocus' analysis, I.C.C.International PCL stock appears to be overvalued.
The current stock price of ฿24.00 is trading 4.4% above its estimated GF Value™ of ฿22.98.
GuruFocus considers I.C.C.International PCL to be Fairly Valued.
Key valuation signals for BKK:ICC:
Gross Margin %: 33.19% (near median its 10-year median of 30.32)
GF Value™: ฿22.98 vs. price of ฿24.00 (4.4% above fair value)
Industry Position: 8.7% below the Retail - Cyclical median (#665 of 1113)
No single metric tells the full story. See the BKK:ICC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
I.C.C.International PCL is engaged in distributing consumer products. It sells domestic and international fashion products, including cosmetics and fragrances, hair and skin hygiene products, a full range of textiles and apparel such as lingerie, outerwear, sportswear, and athletic wear, laundry and garment care products, and leather fashion items, etc. The company's principal segments are: Cosmetics, toiletries & perfumeries, Women's apparel, Men's apparel and Household products. The majority of the company's revenue is derived from the Men's apparel segment. Geographically, it operates only in Thailand.
68GF Score
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