Meb PCL (BKK:MEB) Gross Margin %: 32.86% (As of Mar. 2026) — Near Median


BKK:MEB Meb Corp PCL BKK:MEB
73 GF Score
Price ฿12.30
GF Value ฿28.58
Valuation Possible Value Trap
! 3 Warning Signs
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What is Meb PCL Gross Margin %?

Meb PCL BKK:MEB +2.50% 73 Gross Margin % is 32.86% as of Mar. 2026, which is 9% above its 10-year median of 30.04. GuruFocus rates BKK:MEB with a GF Score™ of 73/100 and a GF Value™ of ฿28.58 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 2,680 Software companies, Meb PCL ranks worse than 61.01% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Meb PCL's Gross Profit for the three months ended in Mar. 2026 was ฿173 Mil. Meb PCL's Revenue for the three months ended in Mar. 2026 was ฿527 Mil. Therefore, Meb PCL's Gross Margin % for the quarter that ended in Mar. 2026 was 32.86%.


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

BKK:MEB' s Gross Margin % Range Over the Past 10 Years
Min: 26.56   Med: 30.04   Max: 31.98
Current: 31.98


During the past 8 years, the highest Gross Margin % of Meb PCL was 31.98%. The lowest was 26.56%. And the median was 30.04%.

BKK:MEB's Gross Margin % is ranked worse than
61.01% of 2680 companies
in the Software industry
Industry Median: 40.45 vs BKK:MEB: 31.98

Meb PCL had a gross margin of 32.86% for the quarter that ended in Mar. 2026 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Meb PCL was 3.10% per year.


Meb PCL  (BKK:MEB) 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

Meb PCL had a gross margin of 32.86% 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.


Meb PCL Gross Margin % Related Terms


Meb PCL Gross Margin % Historical Data

* Premium members only.

The historical data trend for Meb 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.

Meb PCL Gross Margin % Chart

Meb PCL Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Gross Margin %
Get a 7-Day Free Trial 28.34 30.04 30.79 31.54 31.48

Meb PCL Quarterly Data
Dec20 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 30.92 31.12 33.90 29.94 32.86

BKK:MEB vs UBER, SHOP, CRM: Gross Margin % Comparison

For the Software - Application subindustry, Meb 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.


Meb PCL Gross Margin % vs Software Industry

For the Software industry and Technology sector, Meb PCL's Gross Margin % distribution charts can be found below:

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


BKK:MEB
73GF Score
Meb Corp PCL BKK:MEB
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Meb PCL Gross Margin % Calculation

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

Meb 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 )
=667.9 / 2121.69
=(Revenue - Cost of Goods Sold) / Revenue
=(2121.69 - 1453.779) / 2121.69
=31.48 %

Meb 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 )
=173.2 / 527.054
=(Revenue - Cost of Goods Sold) / Revenue
=(527.054 - 353.876) / 527.054
=32.86 %

* 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 32.86% mean?
Meb PCL (BKK:MEB) has a Gross Margin % of 32.86% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Meb PCL and its competitors. This is near median its historical median of 30.04. Over the past decade, Meb PCL's Gross Margin % has ranged from 26.56 to 31.98. According to the industry distribution chart, Meb PCL ranks #1635 out of 2680 companies in the Software industry, placing it in the top 61%.
Is Meb PCL's Gross Margin % too high?
Meb PCL's current Gross Margin % of 32.86% is near median its 10-year median of 30.04. Over the past 10 years, this metric has ranged from a low of 26.56 to a high of 31.98. The Software industry median Gross Margin % is 40.45. Meb PCL's value of 32.86% is 18.8% below this industry median. Based on the distribution chart, Meb PCL ranks #1635 out of 2680 companies in the Software industry, which is below the industry midpoint. Overall, Meb PCL has a GF Score™ of 73/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Meb PCL's Gross Margin % compare to UBER and SHOP?
According to the Software industry distribution chart, Meb PCL ranks #1635 out of 2680 companies for Gross Margin %. This places Meb PCL in the lower half of its industry. The industry median Gross Margin % is 40.45. Meb PCL's value of 32.86% is 18.8% below this benchmark. Historically, Meb PCL's own Gross Margin % has ranged from 26.56 to 31.98 over the past decade. While the company's 10-year median is 30.04 vs. the industry median of 40.45, Meb 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 Software company?
The median Gross Margin % among Software companies is 40.45, based on 2,680 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. Meb PCL's current Gross Margin % of 32.86% is 18.8% 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 Meb PCL and its competitors. For the Software industry, the median Gross Margin % is 40.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Meb PCL's current Gross Margin % is 32.86%, which is near median its own 10-year median of 30.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Meb PCL stock overvalued right now?
Based on GuruFocus' analysis, Meb PCL (BKK:MEB) is currently considered Possible Value Trap. The stock's GF Value™ is ฿28.58, compared to a current price of ฿12.30 — trading 57% below its estimated fair value. The current Gross Margin % is 32.86%, which is near median its 10-year median of 30.04 and 18.8% below the Software industry median of 40.45. Meb PCL's overall GF Score™ is 73/100 with 3 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 Meb PCL (BKK:MEB), the current Gross Margin % is 32.86% 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 Meb PCL (BKK:MEB) Overvalued in 2026?

Based on GuruFocus' analysis, Meb PCL stock appears to be undervalued. The current stock price of ฿12.30 is trading 57% below its estimated GF Value™ of ฿28.58. GuruFocus considers Meb PCL to be Possible Value Trap.

Key valuation signals for BKK:MEB:

  • Gross Margin %: 32.86% (near median its 10-year median of 30.04)
  • GF Value™: ฿28.58 vs. price of ฿12.30 (57% below fair value)
  • GF Score™: 73/100 with 3 warning signs
  • Industry Position: 18.8% below the Software median (#1635 of 2680)

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


Meb PCL Business Description

Address Chaeng Watthana Road, 99/27 Moo 4, Software Park Building, 8th Floor, Khlong Kluea Subdistrict, Pak Kret District, Nonthaburi, THA, 11120
Meb Corp PCL is engaged in the distribution and servicing of e-books, as well as providing consultation on the development of e-book systems. The company also distributes electronic reader devices, conducts computer system inspections, offers consulting and advice on IT-related issues, and provides knowledge on information technology security. The company operates in a single segment: electronic literature services, and is managed and operates in Thailand.
73GF Score

Get the complete analysis for BKK:MEB

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

฿12.30
Price
฿28.58
GF Value