Khon Kaen Sugar Industry PCL (BKK:KSL) Gross Margin %: 11.78% (As of Apr. 2026) — 27% 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:KSL Khon Kaen Sugar Industry PCL BKK:KSL
70 GF Score
Price ฿1.67
GF Value ฿2.03
Valuation Modestly Undervalued
! 12 Warning Signs
View Full Analysis

What is Khon Kaen Sugar Industry PCL Gross Margin %?

Khon Kaen Sugar Industry PCL BKK:KSL +4.38% 70 Gross Margin % is 11.78% as of Apr. 2026, which is 27% below its 10-year median of 16.16. GuruFocus rates BKK:KSL with a GF Score™ of 70/100 and a GF Value™ of ฿2.03 (Modestly Undervalued). The stock has 12 warning signs investors should review. Among 1,908 Consumer Packaged Goods companies, Khon Kaen Sugar Industry PCL ranks worse than 88.89% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Khon Kaen Sugar Industry PCL's Gross Profit for the three months ended in Apr. 2026 was ฿566 Mil. Khon Kaen Sugar Industry PCL's Revenue for the three months ended in Apr. 2026 was ฿4,804 Mil. Therefore, Khon Kaen Sugar Industry PCL's Gross Margin % for the quarter that ended in Apr. 2026 was 11.78%.

Warning Sign:

Khon Kaen Sugar Industry PCL gross margin has been in long-term decline. The average rate of decline per year is -3.2%.


The historical rank and industry rank for Khon Kaen Sugar Industry PCL's Gross Margin % or its related term are showing as below:

BKK:KSL' s Gross Margin % Range Over the Past 10 Years
Min: 8.46   Med: 16.16   Max: 21.48
Current: 8.46


During the past 13 years, the highest Gross Margin % of Khon Kaen Sugar Industry PCL was 21.48%. The lowest was 8.46%. And the median was 16.16%.

BKK:KSL's Gross Margin % is ranked worse than
88.89% of 1908 companies
in the Consumer Packaged Goods industry
Industry Median: 26.345 vs BKK:KSL: 8.46

Khon Kaen Sugar Industry PCL had a gross margin of 11.78% for the quarter that ended in Apr. 2026 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Khon Kaen Sugar Industry PCL was -3.20% per year.


Khon Kaen Sugar Industry PCL  (BKK:KSL) 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

Khon Kaen Sugar Industry PCL had a gross margin of 11.78% for the quarter that ended in Apr. 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.


Khon Kaen Sugar Industry PCL Gross Margin % Related Terms


Khon Kaen Sugar Industry PCL Gross Margin % Historical Data

* Premium members only.

The historical data trend for Khon Kaen Sugar Industry 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.

Khon Kaen Sugar Industry PCL Gross Margin % Chart

Khon Kaen Sugar Industry PCL Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.84 17.08 14.19 16.67 10.03

Khon Kaen Sugar Industry PCL Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 16.93 10.50 -1.34 11.81 11.78

BKK:KSL vs MDLZ, HSY, TR: Gross Margin % Comparison

For the Confectioners subindustry, Khon Kaen Sugar Industry 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.


Khon Kaen Sugar Industry PCL Gross Margin % vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Khon Kaen Sugar Industry PCL's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Khon Kaen Sugar Industry PCL's Gross Margin % falls into.


BKK:KSL
70GF Score
Khon Kaen Sugar Industry PCL BKK:KSL
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Khon Kaen Sugar Industry PCL Gross Margin % Calculation

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

Khon Kaen Sugar Industry PCL's Gross Margin for the fiscal year that ended in Oct. 2025 is calculated as

Gross Margin % (A: Oct. 2025 )=Gross Profit (A: Oct. 2025 ) / Revenue (A: Oct. 2025 )
=1595.6 / 15901.918
=(Revenue - Cost of Goods Sold) / Revenue
=(15901.918 - 14306.35) / 15901.918
=10.03 %

Khon Kaen Sugar Industry PCL's Gross Margin for the quarter that ended in Apr. 2026 is calculated as


Gross Margin % (Q: Apr. 2026 )=Gross Profit (Q: Apr. 2026 ) / Revenue (Q: Apr. 2026 )
=566.1 / 4803.88
=(Revenue - Cost of Goods Sold) / Revenue
=(4803.88 - 4237.804) / 4803.88
=11.78 %

* 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 11.78% mean?
Khon Kaen Sugar Industry PCL (BKK:KSL) has a Gross Margin % of 11.78% as of Apr. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Khon Kaen Sugar Industry PCL and its competitors. This is 27% below median its historical median of 16.16. Over the past decade, Khon Kaen Sugar Industry PCL's Gross Margin % has ranged from 8.46 to 21.48. According to the industry distribution chart, Khon Kaen Sugar Industry PCL ranks #1696 out of 1908 companies in the Consumer Packaged Goods industry, placing it in the top 88.9%.
Is Khon Kaen Sugar Industry PCL's Gross Margin % too high?
Khon Kaen Sugar Industry PCL's current Gross Margin % of 11.78% is 27% below median its 10-year median of 16.16. Over the past 10 years, this metric has ranged from a low of 8.46 to a high of 21.48. The Consumer Packaged Goods industry median Gross Margin % is 26.35. Khon Kaen Sugar Industry PCL's value of 11.78% is 55.3% below this industry median. Based on the distribution chart, Khon Kaen Sugar Industry PCL ranks #1696 out of 1908 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers. Overall, Khon Kaen Sugar Industry PCL has a GF Score™ of 70/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Khon Kaen Sugar Industry PCL's Gross Margin % compare to MDLZ and HSY?
According to the Consumer Packaged Goods industry distribution chart, Khon Kaen Sugar Industry PCL ranks #1696 out of 1908 companies for Gross Margin %. This places Khon Kaen Sugar Industry PCL in the lower half of its industry. The industry median Gross Margin % is 26.35. Khon Kaen Sugar Industry PCL's value of 11.78% is 55.3% below this benchmark. Historically, Khon Kaen Sugar Industry PCL's own Gross Margin % has ranged from 8.46 to 21.48 over the past decade. While the company's 10-year median is 16.16 vs. the industry median of 26.35, Khon Kaen Sugar Industry 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 Consumer Packaged Goods company?
The median Gross Margin % among Consumer Packaged Goods companies is 26.35, based on 1,908 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. Khon Kaen Sugar Industry PCL's current Gross Margin % of 11.78% is 55.3% 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 Khon Kaen Sugar Industry PCL and its competitors. For the Consumer Packaged Goods industry, the median Gross Margin % is 26.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Khon Kaen Sugar Industry PCL's current Gross Margin % is 11.78%, which is 27% below median its own 10-year median of 16.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Khon Kaen Sugar Industry PCL stock overvalued right now?
Based on GuruFocus' analysis, Khon Kaen Sugar Industry PCL (BKK:KSL) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿2.03, compared to a current price of ฿1.67 — trading 17.7% below its estimated fair value. The current Gross Margin % is 11.78%, which is 27% below median its 10-year median of 16.16 and 55.3% below the Consumer Packaged Goods industry median of 26.35. Khon Kaen Sugar Industry PCL's overall GF Score™ is 70/100 with 12 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 Khon Kaen Sugar Industry PCL (BKK:KSL), the current Gross Margin % is 11.78% as of Apr. 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 Khon Kaen Sugar Industry PCL (BKK:KSL) Overvalued in 2026?

Based on GuruFocus' analysis, Khon Kaen Sugar Industry PCL stock appears to be undervalued. The current stock price of ฿1.67 is trading 17.7% below its estimated GF Value™ of ฿2.03. GuruFocus considers Khon Kaen Sugar Industry PCL to be Modestly Undervalued.

Key valuation signals for BKK:KSL:

  • Gross Margin %: 11.78% (27% below median its 10-year median of 16.16)
  • GF Value™: ฿2.03 vs. price of ฿1.67 (17.7% below fair value)
  • GF Score™: 70/100 with 12 warning signs
  • Industry Position: 55.3% below the Consumer Packaged Goods median (#1696 of 1908)

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


Khon Kaen Sugar Industry PCL Business Description

Address Sriayudahya Road, No. 503 K.S.L. Tower, 9th Floor, Thanon Phaya Thai Sub-District, Ratchathewi District, Bangkok, THA, 10400
Khon Kaen Sugar Industry PCL manufactures and distributes sugar and molasses in Thailand. It also sells the byproducts of its sugar production, including ethanol, which it sells to oil companies, and electricity, which it sells to the Electricity Generating Authority of Thailand (EGAT), a monopoly in Thailand's electrical energy market and the country's primary power producer. The company has three operating segments - Manufacture and Distribution of Sugar and Molasses, Manufacture and Sale of Electricity, and Real Estate Rental. The company generates the majority of its revenue from the Manufacture and Distribution of Sugar and Molasses. In addition to Thailand, the company sells its products in Laos and Cambodia.
70GF Score

Get the complete analysis for BKK:KSL

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

฿1.67
Price
฿2.03
GF Value