Ichitan Group PCLBKK:ICHI-R 94 Gross Margin % is 24.11% as of Mar. 2026, which is 12% above its 10-year median of 21.58. GuruFocus rates BKK:ICHI-R with a GF Score™ of 94/100 and a GF Value™ of ฿11.86. The stock has 2 warning signs investors should review. Among 115 Beverages - Non-Alcoholic companies, Ichitan Group PCL ranks worse than 86.09% on this metric.
The historical rank and industry rank for Ichitan Group PCL's Gross Margin % or its related term are showing as below:
BKK:ICHI-R'
s Gross Margin % Range Over the Past 10 Years
Min: 14.85 Med: 21.58 Max: 26.12
Current: 24.37
During the past 13 years, the highestGross Margin % of Ichitan Group PCL was 26.12%. The lowest was 14.85%. And the median was 21.58%.
BKK:ICHI-R's Gross Margin % is ranked worse than 86.09% of 115
companies
in the Beverages - Non-Alcoholic industry
Industry Median: 38.43
vs BKK:ICHI-R: 24.37
Ichitan Group PCL had a gross margin of 24.11% for the quarter that ended in Mar. 2026 => Competition eroding margins
The 5-Year average Growth Rate of Gross Margin for Ichitan Group PCL was 6.30% per year.
Ichitan Group PCL (BKK:ICHI-R) 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
Ichitan Group PCL had a gross margin of 24.11% 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.
Ichitan Group PCL Gross Margin % Related Terms
Ichitan Group PCL Gross Margin % Historical Data
* Premium members only.
The historical data trend for Ichitan Group 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.
BKK:ICHI-R vs KO, PEP, MNST: Gross Margin % Comparison
For the Beverages - Non-Alcoholic subindustry, Ichitan Group 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.
Ichitan Group PCL Gross Margin % vs Beverages - Non-Alcoholic Industry
For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Ichitan Group PCL's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Ichitan Group 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.
Ichitan Group PCL (BKK:ICHI-R) has a Gross Margin % of 24.11% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Ichitan Group PCL and its competitors. This is 12% above median its historical median of 21.58. Over the past decade, Ichitan Group PCL's Gross Margin % has ranged from 14.85 to 26.12. According to the industry distribution chart, Ichitan Group PCL ranks #99 out of 115 companies in the Beverages - Non-Alcoholic industry, placing it in the top 86.1%.
Is Ichitan Group PCL's Gross Margin % too high?
Ichitan Group PCL's current Gross Margin % of 24.11% is 12% above median its 10-year median of 21.58. Over the past 10 years, this metric has ranged from a low of 14.85 to a high of 26.12. The Beverages - Non-Alcoholic industry median Gross Margin % is 38.43. Ichitan Group PCL's value of 24.11% is 37.3% below this industry median. Based on the distribution chart, Ichitan Group PCL ranks #99 out of 115 companies in the Beverages - Non-Alcoholic industry, which is in the bottom quartile relative to peers. Overall, Ichitan Group PCL has a GF Score™ of 94/100, reflecting its overall financial health beyond just this single metric.
How does Ichitan Group PCL's Gross Margin % compare to KO and PEP?
According to the Beverages - Non-Alcoholic industry distribution chart, Ichitan Group PCL ranks #99 out of 115 companies for Gross Margin %. This places Ichitan Group PCL in the lower half of its industry. The industry median Gross Margin % is 38.43. Ichitan Group PCL's value of 24.11% is 37.3% below this benchmark. Historically, Ichitan Group PCL's own Gross Margin % has ranged from 14.85 to 26.12 over the past decade. While the company's 10-year median is 21.58 vs. the industry median of 38.43, Ichitan Group 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 Beverages - Non-Alcoholic company?
The median Gross Margin % among Beverages - Non-Alcoholic companies is 38.43, based on 115 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. Ichitan Group PCL's current Gross Margin % of 24.11% is 37.3% 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 Ichitan Group PCL and its competitors. For the Beverages - Non-Alcoholic industry, the median Gross Margin % is 38.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ichitan Group PCL's current Gross Margin % is 24.11%, which is 12% above median its own 10-year median of 21.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ichitan Group PCL stock overvalued right now?
Ichitan Group PCL (BKK:ICHI-R) has a current Gross Margin % of 24.11%. The stock's GF Value™ is ฿11.86, compared to a current price of ฿10.60 — trading 10.6% below its estimated fair value. The current Gross Margin % is 24.11%, which is 12% above median its 10-year median of 21.58 and 37.3% below the Beverages - Non-Alcoholic industry median of 38.43. Ichitan Group PCL's overall GF Score™ is 94/100 with 2 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 Ichitan Group PCL (BKK:ICHI-R), the current Gross Margin % is 24.11% 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 Ichitan Group PCL (BKK:ICHI-R) Overvalued in 2026?
Based on GuruFocus' analysis, Ichitan Group PCL stock appears to be undervalued.
The current stock price of ฿10.60 is trading 10.6% below its estimated GF Value™ of ฿11.86.
Key valuation signals for BKK:ICHI-R:
Gross Margin %: 24.11% (12% above median its 10-year median of 21.58)
GF Value™: ฿11.86 vs. price of ฿10.60 (10.6% below fair value)
Industry Position: 37.3% below the Beverages - Non-Alcoholic median (#99 of 115)
No single metric tells the full story. See the BKK:ICHI-R stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ichitan Group PCL manufactures and sells ready-to-drink tea beverages in Thailand. It manufactures and sells ready to drink green tea beverage, herbal drink, and low-sugar ready-to-drink tea beverage, under the brand name of Ichitan Green Tea. Majority of the revenue for the company is generated from Thailand and rest from overseas markets.
94GF Score
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