Information and Communication Networks PCL (BKK:ICN) Gross Margin %: 7.61% (As of Mar. 2026) — 54% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BKK:ICN Information and Communication Networks PCL BKK:ICN
81 GF Score
Price ฿2.16
GF Value ฿2.77
Valuation Modestly Undervalued
! 8 Warning Signs
View Full Analysis

What is Information and Communication Networks PCL Gross Margin %?

Information and Communication Networks PCL BKK:ICN +0.93% 81 Gross Margin % is 7.61% as of Mar. 2026, which is 54% below its 10-year median of 16.67. GuruFocus rates BKK:ICN with a GF Score™ of 81/100 and a GF Value™ of ฿2.77 (Modestly Undervalued). The stock has 8 warning signs investors should review. Among 341 Telecommunication Services companies, Information and Communication Networks PCL ranks worse than 93.84% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Information and Communication Networks PCL's Gross Profit for the three months ended in Mar. 2026 was ฿94 Mil. Information and Communication Networks PCL's Revenue for the three months ended in Mar. 2026 was ฿1,236 Mil. Therefore, Information and Communication Networks PCL's Gross Margin % for the quarter that ended in Mar. 2026 was 7.61%.


The historical rank and industry rank for Information and Communication Networks PCL's Gross Margin % or its related term are showing as below:

BKK:ICN' s Gross Margin % Range Over the Past 10 Years
Min: 12.37   Med: 16.67   Max: 20.17
Current: 12.37


During the past 12 years, the highest Gross Margin % of Information and Communication Networks PCL was 20.17%. The lowest was 12.37%. And the median was 16.67%.

BKK:ICN's Gross Margin % is ranked worse than
93.84% of 341 companies
in the Telecommunication Services industry
Industry Median: 51.78 vs BKK:ICN: 12.37

Information and Communication Networks PCL had a gross margin of 7.61% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Information and Communication Networks PCL was 5.50% per year.


Information and Communication Networks PCL  (BKK:ICN) 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

Information and Communication Networks PCL had a gross margin of 7.61% 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.


Information and Communication Networks PCL Gross Margin % Related Terms


Information and Communication Networks PCL Gross Margin % Historical Data

* Premium members only.

The historical data trend for Information and Communication Networks 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.

Information and Communication Networks PCL Gross Margin % Chart

Information and Communication Networks 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 16.49 17.62 17.00 19.64 20.17

Information and Communication Networks 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 22.67 20.50 18.07 19.59 7.61

BKK:ICN vs VZ, TMUS, T: Gross Margin % Comparison

For the Telecom Services subindustry, Information and Communication Networks 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.


Information and Communication Networks PCL Gross Margin % vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Information and Communication Networks PCL's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Information and Communication Networks PCL's Gross Margin % falls into.


BKK:ICN
81GF Score
Information and Communication Networks PCL BKK:ICN
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Information and Communication Networks PCL Gross Margin % Calculation

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

Information and Communication Networks 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 )
=223.8 / 1109.751
=(Revenue - Cost of Goods Sold) / Revenue
=(1109.751 - 885.925) / 1109.751
=20.17 %

Information and Communication Networks 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 )
=94.1 / 1236.33
=(Revenue - Cost of Goods Sold) / Revenue
=(1236.33 - 1142.207) / 1236.33
=7.61 %

* 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 7.61% mean?
Information and Communication Networks PCL (BKK:ICN) has a Gross Margin % of 7.61% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Information and Communication Networks PCL and its competitors. This is 54% below median its historical median of 16.67. Over the past decade, Information and Communication Networks PCL's Gross Margin % has ranged from 12.37 to 20.17. According to the industry distribution chart, Information and Communication Networks PCL ranks #320 out of 341 companies in the Telecommunication Services industry, placing it in the top 93.8%.
Is Information and Communication Networks PCL's Gross Margin % too high?
Information and Communication Networks PCL's current Gross Margin % of 7.61% is 54% below median its 10-year median of 16.67. Over the past 10 years, this metric has ranged from a low of 12.37 to a high of 20.17. The Telecommunication Services industry median Gross Margin % is 51.78. Information and Communication Networks PCL's value of 7.61% is 85.3% below this industry median. Based on the distribution chart, Information and Communication Networks PCL ranks #320 out of 341 companies in the Telecommunication Services industry, which is in the bottom quartile relative to peers. Overall, Information and Communication Networks PCL has a GF Score™ of 81/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Information and Communication Networks PCL's Gross Margin % compare to VZ and TMUS?
According to the Telecommunication Services industry distribution chart, Information and Communication Networks PCL ranks #320 out of 341 companies for Gross Margin %. This places Information and Communication Networks PCL in the lower half of its industry. The industry median Gross Margin % is 51.78. Information and Communication Networks PCL's value of 7.61% is 85.3% below this benchmark. Historically, Information and Communication Networks PCL's own Gross Margin % has ranged from 12.37 to 20.17 over the past decade. While the company's 10-year median is 16.67 vs. the industry median of 51.78, Information and Communication Networks 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 Telecommunication Services company?
The median Gross Margin % among Telecommunication Services companies is 51.78, based on 341 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. Information and Communication Networks PCL's current Gross Margin % of 7.61% is 85.3% 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 Information and Communication Networks PCL and its competitors. For the Telecommunication Services industry, the median Gross Margin % is 51.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Information and Communication Networks PCL's current Gross Margin % is 7.61%, which is 54% below median its own 10-year median of 16.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Information and Communication Networks PCL stock overvalued right now?
Based on GuruFocus' analysis, Information and Communication Networks PCL (BKK:ICN) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿2.77, compared to a current price of ฿2.16 — trading 22% below its estimated fair value. The current Gross Margin % is 7.61%, which is 54% below median its 10-year median of 16.67 and 85.3% below the Telecommunication Services industry median of 51.78. Information and Communication Networks PCL's overall GF Score™ is 81/100 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 Information and Communication Networks PCL (BKK:ICN), the current Gross Margin % is 7.61% 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 Information and Communication Networks PCL (BKK:ICN) Overvalued in 2026?

Based on GuruFocus' analysis, Information and Communication Networks PCL stock appears to be undervalued. The current stock price of ฿2.16 is trading 22% below its estimated GF Value™ of ฿2.77. GuruFocus considers Information and Communication Networks PCL to be Modestly Undervalued.

Key valuation signals for BKK:ICN:

  • Gross Margin %: 7.61% (54% below median its 10-year median of 16.67)
  • GF Value™: ฿2.77 vs. price of ฿2.16 (22% below fair value)
  • GF Score™: 81/100 with 8 warning signs
  • Industry Position: 85.3% below the Telecommunication Services median (#320 of 341)

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


Information and Communication Networks PCL Business Description

Address Number 393, Sukhonthasawat Road, D.K.J. Building, 5th Floor, Latphrao Sub-district, Latphrao District, Bangkok, THA, 10230
Information and Communication Networks PCL is Engaged in telecommunications engineering business for government agencies, state enterprises and private companies. Its operations are carried only in Thailand. The Company is considered a full-service system integrator. The Company is able to provide design and installation services for telecommunication networks (Telecommunication System), which is a system in which the Company has expertise, as well as providing design and installation services for construction and other electrical systems (Construction and Electrical Systems). In addition, the Company also provides sales services for replacement equipment (Supply) and maintenance services for telecommunication networks (Maintenance).
81GF Score

Get the complete analysis for BKK:ICN

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

฿2.16
Price
฿2.77
GF Value