Multibax PCLBKK:MBAX +1.58%61 Gross Margin % is 12.31% as of Mar. 2026, which is 23% above its 10-year median of 10.04. GuruFocus rates BKK:MBAX with a GF Score™ of 61/100 and a GF Value™ of ฿3.00 (Possible Value Trap). The stock has 8 warning signs investors should review. Among 381 Packaging & Containers companies, Multibax PCL ranks worse than 86.61% on this metric.
Multibax PCL gross margin has been in long-term decline. The average rate of decline per year is -15.2%.
The historical rank and industry rank for Multibax PCL's Gross Margin % or its related term are showing as below:
BKK:MBAX'
s Gross Margin % Range Over the Past 10 Years
Min: 4.27 Med: 10.04 Max: 16.53
Current: 10.42
During the past 13 years, the highestGross Margin % of Multibax PCL was 16.53%. The lowest was 4.27%. And the median was 10.04%.
BKK:MBAX's Gross Margin % is ranked worse than 86.61% of 381
companies
in the Packaging & Containers industry
Industry Median: 21.48
vs BKK:MBAX: 10.42
Multibax PCL had a gross margin of 12.31% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage
The 5-Year average Growth Rate of Gross Margin for Multibax PCL was -15.20% per year.
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
Multibax PCL had a gross margin of 12.31% 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.
Multibax PCL Gross Margin % Related Terms
Multibax PCL Gross Margin % Historical Data
* Premium members only.
The historical data trend for Multibax 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:MBAX vs SW, PKG, IP: Gross Margin % Comparison
For the Packaging & Containers subindustry, Multibax 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.
Multibax PCL Gross Margin % vs Packaging & Containers Industry
For the Packaging & Containers industry and Consumer Cyclical sector, Multibax PCL's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Multibax 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.
Multibax PCL (BKK:MBAX) has a Gross Margin % of 12.31% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Multibax PCL and its competitors. This is 23% above median its historical median of 10.04. Over the past decade, Multibax PCL's Gross Margin % has ranged from 4.27 to 16.53. According to the industry distribution chart, Multibax PCL ranks #330 out of 381 companies in the Packaging & Containers industry, placing it in the top 86.6%.
Is Multibax PCL's Gross Margin % too high?
Multibax PCL's current Gross Margin % of 12.31% is 23% above median its 10-year median of 10.04. Over the past 10 years, this metric has ranged from a low of 4.27 to a high of 16.53. The Packaging & Containers industry median Gross Margin % is 21.48. Multibax PCL's value of 12.31% is 42.7% below this industry median. Based on the distribution chart, Multibax PCL ranks #330 out of 381 companies in the Packaging & Containers industry, which is in the bottom quartile relative to peers. Overall, Multibax PCL has a GF Score™ of 61/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Multibax PCL's Gross Margin % compare to SW and PKG?
According to the Packaging & Containers industry distribution chart, Multibax PCL ranks #330 out of 381 companies for Gross Margin %. This places Multibax PCL in the lower half of its industry. The industry median Gross Margin % is 21.48. Multibax PCL's value of 12.31% is 42.7% below this benchmark. Historically, Multibax PCL's own Gross Margin % has ranged from 4.27 to 16.53 over the past decade. While the company's 10-year median is 10.04 vs. the industry median of 21.48, Multibax 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 Packaging & Containers company?
The median Gross Margin % among Packaging & Containers companies is 21.48, based on 381 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. Multibax PCL's current Gross Margin % of 12.31% is 42.7% 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 Multibax PCL and its competitors. For the Packaging & Containers industry, the median Gross Margin % is 21.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Multibax PCL's current Gross Margin % is 12.31%, which is 23% above median its own 10-year median of 10.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Multibax PCL stock overvalued right now?
Based on GuruFocus' analysis, Multibax PCL (BKK:MBAX) is currently considered Possible Value Trap. The stock's GF Value™ is ฿3.00, compared to a current price of ฿1.93 — trading 35.7% below its estimated fair value. The current Gross Margin % is 12.31%, which is 23% above median its 10-year median of 10.04 and 42.7% below the Packaging & Containers industry median of 21.48. Multibax PCL's overall GF Score™ is 61/100 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 Multibax PCL (BKK:MBAX), the current Gross Margin % is 12.31% 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 Multibax PCL (BKK:MBAX) Overvalued in 2026?
Based on GuruFocus' analysis, Multibax PCL stock appears to be undervalued.
The current stock price of ฿1.93 is trading 35.7% below its estimated GF Value™ of ฿3.00.
GuruFocus considers Multibax PCL to be Possible Value Trap.
Key valuation signals for BKK:MBAX:
Gross Margin %: 12.31% (23% above median its 10-year median of 10.04)
GF Value™: ฿3.00 vs. price of ฿1.93 (35.7% below fair value)
Industry Position: 42.7% below the Packaging & Containers median (#330 of 381)
No single metric tells the full story. See the BKK:MBAX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Multibax PCL is engaged in the manufacturing and distribution of polymer bags. Products of the company includes food bags, garbage bags, bioplastic bags, and environment friendly plastic bags. Geographically, the company operates in North America, Australia, Europe, Asia and other continents.
61GF Score
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