Mfc Asset Management PCL (BKK:MFC) Gross Margin %: 31.31% (As of Mar. 2026) — Near Median


BKK:MFC Mfc Asset Management PCL BKK:MFC
72 GF Score
Price ฿19.70
GF Value ฿31.91
Valuation Significantly Undervalued
! 1 Warning Sign
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What is Mfc Asset Management PCL Gross Margin %?

Mfc Asset Management PCL BKK:MFC -0.51% 72 Gross Margin % is 31.31% as of Mar. 2026, which is 7% below its 10-year median of 33.77. GuruFocus rates BKK:MFC with a GF Score™ of 72/100 and a GF Value™ of ฿31.91 (Significantly Undervalued). The stock has 1 warning sign investors should review. Among 550 Asset Management companies, Mfc Asset Management PCL ranks worse than 70% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Mfc Asset Management PCL's Gross Profit for the three months ended in Mar. 2026 was ฿140 Mil. Mfc Asset Management PCL's Revenue for the three months ended in Mar. 2026 was ฿447 Mil. Therefore, Mfc Asset Management PCL's Gross Margin % for the quarter that ended in Mar. 2026 was 31.31%.


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

BKK:MFC' s Gross Margin % Range Over the Past 10 Years
Min: 30.4   Med: 33.77   Max: 38.28
Current: 34.87


During the past 13 years, the highest Gross Margin % of Mfc Asset Management PCL was 38.28%. The lowest was 30.40%. And the median was 33.77%.

BKK:MFC's Gross Margin % is ranked worse than
70% of 550 companies
in the Asset Management industry
Industry Median: 57.9 vs BKK:MFC: 34.87

Mfc Asset Management PCL had a gross margin of 31.31% for the quarter that ended in Mar. 2026 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Mfc Asset Management PCL was -0.10% per year.


Mfc Asset Management PCL  (BKK:MFC) 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

Mfc Asset Management PCL had a gross margin of 31.31% 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.


Mfc Asset Management PCL Gross Margin % Related Terms


Mfc Asset Management PCL Gross Margin % Historical Data

* Premium members only.

The historical data trend for Mfc Asset Management 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.

Mfc Asset Management PCL Gross Margin % Chart

Mfc Asset Management 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 33.15 36.18 32.46 30.40 34.39

Mfc Asset Management 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 30.36 36.71 33.79 38.13 31.31

BKK:MFC vs BLK, BX, KKR: Gross Margin % Comparison

For the Asset Management subindustry, Mfc Asset Management 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.


Mfc Asset Management PCL Gross Margin % vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Mfc Asset Management PCL's Gross Margin % distribution charts can be found below:

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


BKK:MFC
72GF Score
Mfc Asset Management PCL BKK:MFC
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Mfc Asset Management PCL Gross Margin % Calculation

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

Mfc Asset Management 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 )
=521.4 / 1516.058
=(Revenue - Cost of Goods Sold) / Revenue
=(1516.058 - 994.617) / 1516.058
=34.39 %

Mfc Asset Management 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 )
=139.9 / 446.828
=(Revenue - Cost of Goods Sold) / Revenue
=(446.828 - 306.934) / 446.828
=31.31 %

* 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 31.31% mean?
Mfc Asset Management PCL (BKK:MFC) has a Gross Margin % of 31.31% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Mfc Asset Management PCL and its competitors. This is near median its historical median of 33.77. Over the past decade, Mfc Asset Management PCL's Gross Margin % has ranged from 30.40 to 38.28. According to the industry distribution chart, Mfc Asset Management PCL ranks #385 out of 550 companies in the Asset Management industry, placing it in the top 70%.
Is Mfc Asset Management PCL's Gross Margin % too high?
Mfc Asset Management PCL's current Gross Margin % of 31.31% is near median its 10-year median of 33.77. Over the past 10 years, this metric has ranged from a low of 30.40 to a high of 38.28. The Asset Management industry median Gross Margin % is 57.90. Mfc Asset Management PCL's value of 31.31% is 45.9% below this industry median. Based on the distribution chart, Mfc Asset Management PCL ranks #385 out of 550 companies in the Asset Management industry, which is below the industry midpoint. Overall, Mfc Asset Management PCL has a GF Score™ of 72/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Mfc Asset Management PCL's Gross Margin % compare to BLK and BX?
According to the Asset Management industry distribution chart, Mfc Asset Management PCL ranks #385 out of 550 companies for Gross Margin %. This places Mfc Asset Management PCL in the lower half of its industry. The industry median Gross Margin % is 57.90. Mfc Asset Management PCL's value of 31.31% is 45.9% below this benchmark. Historically, Mfc Asset Management PCL's own Gross Margin % has ranged from 30.40 to 38.28 over the past decade. While the company's 10-year median is 33.77 vs. the industry median of 57.90, Mfc Asset Management 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 an Asset Management company?
The median Gross Margin % among Asset Management companies is 57.90, based on 550 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. Mfc Asset Management PCL's current Gross Margin % of 31.31% is 45.9% 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 Mfc Asset Management PCL and its competitors. For the Asset Management industry, the median Gross Margin % is 57.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mfc Asset Management PCL's current Gross Margin % is 31.31%, which is near median its own 10-year median of 33.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mfc Asset Management PCL stock overvalued right now?
Based on GuruFocus' analysis, Mfc Asset Management PCL (BKK:MFC) is currently considered Significantly Undervalued. The stock's GF Value™ is ฿31.91, compared to a current price of ฿19.70 — trading 38.3% below its estimated fair value. The current Gross Margin % is 31.31%, which is near median its 10-year median of 33.77 and 45.9% below the Asset Management industry median of 57.90. Mfc Asset Management PCL's overall GF Score™ is 72/100 with 1 warning sign 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 Mfc Asset Management PCL (BKK:MFC), the current Gross Margin % is 31.31% 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 Mfc Asset Management PCL (BKK:MFC) Overvalued in 2026?

Based on GuruFocus' analysis, Mfc Asset Management PCL stock appears to be undervalued. The current stock price of ฿19.70 is trading 38.3% below its estimated GF Value™ of ฿31.91. GuruFocus considers Mfc Asset Management PCL to be Significantly Undervalued.

Key valuation signals for BKK:MFC:

  • Gross Margin %: 31.31% (near median its 10-year median of 33.77)
  • GF Value™: ฿31.91 vs. price of ฿19.70 (38.3% below fair value)
  • GF Score™: 72/100 with 1 warning sign
  • Industry Position: 45.9% below the Asset Management median (#385 of 550)

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


Mfc Asset Management PCL Business Description

Address Witthayu Road, 16th -17th Floor, 195 One Bangkok Tower 4, Lumphini, Pathum Wan, Bangkok, THA, 10330
Mfc Asset Management PCL is a Thailand-based company that engages in the provision of fund management services. The company is licensed to manage mutual funds, provident funds, private funds, securities registrar, and real estate investment trusts. Its only operating segment is fund management.
72GF Score

Get the complete analysis for BKK:MFC

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

฿19.70
Price
฿31.91
GF Value