MBK PCL (BKK:MBK) Gross Margin %: 54.12% (As of Mar. 2026) — 19% Above Median


BKK:MBK MBK PCL BKK:MBK
77 GF Score
Price ฿19.30
GF Value ฿18.84
Valuation Fairly Valued
! 7 Warning Signs
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What is MBK PCL Gross Margin %?

MBK PCL BKK:MBK +0.52% 77 Gross Margin % is 54.12% as of Mar. 2026, which is 19% above its 10-year median of 45.47. GuruFocus rates BKK:MBK with a GF Score™ of 77/100 and a GF Value™ of ฿18.84 (Fairly Valued). The stock has 7 warning signs investors should review. Among 511 Conglomerates companies, MBK PCL ranks better than 85.71% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. MBK PCL's Gross Profit for the three months ended in Mar. 2026 was ฿1,713 Mil. MBK PCL's Revenue for the three months ended in Mar. 2026 was ฿3,165 Mil. Therefore, MBK PCL's Gross Margin % for the quarter that ended in Mar. 2026 was 54.12%.


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

BKK:MBK' s Gross Margin % Range Over the Past 10 Years
Min: 40.74   Med: 45.47   Max: 49.5
Current: 49.5


During the past 13 years, the highest Gross Margin % of MBK PCL was 49.50%. The lowest was 40.74%. And the median was 45.47%.

BKK:MBK's Gross Margin % is ranked better than
85.71% of 511 companies
in the Conglomerates industry
Industry Median: 25.96 vs BKK:MBK: 49.50

MBK PCL had a gross margin of 54.12% for the quarter that ended in Mar. 2026 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for MBK PCL was 2.00% per year.


MBK PCL  (BKK:MBK) 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

MBK PCL had a gross margin of 54.12% for the quarter that ended in Mar. 2026 => Durable 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.


MBK PCL Gross Margin % Related Terms


MBK PCL Gross Margin % Historical Data

* Premium members only.

The historical data trend for MBK 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.

MBK PCL Gross Margin % Chart

MBK 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 40.74 42.76 45.21 45.72 48.41

MBK 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 49.98 49.20 44.32 49.83 54.12

BKK:MBK vs HON, MMM: Gross Margin % Comparison

For the Conglomerates subindustry, MBK 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.


MBK PCL Gross Margin % vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, MBK PCL's Gross Margin % distribution charts can be found below:

* The bar in red indicates where MBK PCL's Gross Margin % falls into.


BKK:MBK
77GF Score
MBK PCL BKK:MBK
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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MBK PCL Gross Margin % Calculation

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

MBK 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 )
=5862.8 / 12110.102
=(Revenue - Cost of Goods Sold) / Revenue
=(12110.102 - 6247.3) / 12110.102
=48.41 %

MBK 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 )
=1712.8 / 3164.586
=(Revenue - Cost of Goods Sold) / Revenue
=(3164.586 - 1451.785) / 3164.586
=54.12 %

* 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 54.12% mean?
MBK PCL (BKK:MBK) has a Gross Margin % of 54.12% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on MBK PCL and its competitors. This is 19% above median its historical median of 45.47. Over the past decade, MBK PCL's Gross Margin % has ranged from 40.74 to 49.50. According to the industry distribution chart, MBK PCL ranks #73 out of 511 companies in the Conglomerates industry, placing it in the top 14.3%.
Is MBK PCL's Gross Margin % too high?
MBK PCL's current Gross Margin % of 54.12% is 19% above median its 10-year median of 45.47. Over the past 10 years, this metric has ranged from a low of 40.74 to a high of 49.50. The Conglomerates industry median Gross Margin % is 25.96. MBK PCL's value of 54.12% is 108.5% above this industry median. Based on the distribution chart, MBK PCL ranks #73 out of 511 companies in the Conglomerates industry, which is in the top quartile — a strong position relative to peers. Overall, MBK PCL has a GF Score™ of 77/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does MBK PCL's Gross Margin % compare to HON and MMM?
According to the Conglomerates industry distribution chart, MBK PCL ranks #73 out of 511 companies for Gross Margin %. This places MBK PCL in the top 14% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 25.96. MBK PCL's value of 54.12% is 108.5% above this benchmark. Historically, MBK PCL's own Gross Margin % has ranged from 40.74 to 49.50 over the past decade. While the company's 10-year median is 45.47 vs. the industry median of 25.96, MBK PCL has consistently been above 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 Conglomerates company?
The median Gross Margin % among Conglomerates companies is 25.96, based on 511 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. MBK PCL's current Gross Margin % of 54.12% is 108.5% above 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 MBK PCL and its competitors. For the Conglomerates industry, the median Gross Margin % is 25.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MBK PCL's current Gross Margin % is 54.12%, which is 19% above median its own 10-year median of 45.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MBK PCL stock overvalued right now?
Based on GuruFocus' analysis, MBK PCL (BKK:MBK) is currently considered Fairly Valued. The stock's GF Value™ is ฿18.84, compared to a current price of ฿19.30 — trading 2.4% above its estimated fair value. The current Gross Margin % is 54.12%, which is 19% above median its 10-year median of 45.47 and 108.5% above the Conglomerates industry median of 25.96. MBK PCL's overall GF Score™ is 77/100 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 MBK PCL (BKK:MBK), the current Gross Margin % is 54.12% 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 MBK PCL (BKK:MBK) Overvalued in 2026?

Based on GuruFocus' analysis, MBK PCL stock appears to be overvalued. The current stock price of ฿19.30 is trading 2.4% above its estimated GF Value™ of ฿18.84. GuruFocus considers MBK PCL to be Fairly Valued.

Key valuation signals for BKK:MBK:

  • Gross Margin %: 54.12% (19% above median its 10-year median of 45.47)
  • GF Value™: ฿18.84 vs. price of ฿19.30 (2.4% above fair value)
  • GF Score™: 77/100 with 7 warning signs
  • Industry Position: 108.5% above the Conglomerates median (#73 of 511)

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


MBK PCL Business Description

Address 444 Phayathai Road, 8th Floor, MBK Center Building, Pathumwan, Bangkok, THA, 10330
MBK PCL is engaged in multiple businesses. Its businesses includes Shopping center business, Hotel and tourism business, Golf business, Real estate business, Food solutions business, Financial business, Auction business, Corporate supporting center and other business. Shopping center business engages in the business of rental space to retail tenants in the shopping centers and the business of office space for rent. The hotel and tourism business engages in providing for lodging, food and drink, and other facilities and services related for accommodation and travel. Golf business engages in golf services. Real estate business engages in residential for sale, property management and asset appraisal. Auction business engages in the business of car and motorcycle auction.
77GF Score

Get the complete analysis for BKK:MBK

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

฿19.30
Price
฿18.84
GF Value