Mida Leasing PCLBKK:ML 40 Gross Margin % is 77.63% as of Mar. 2026, which is 0% above its 10-year median of 77.31. GuruFocus rates BKK:ML with a GF Score™ of 40/100 and a GF Value™ of ฿0.46 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 388 Credit Services companies, Mida Leasing PCL ranks better than 80.67% on this metric.
The historical rank and industry rank for Mida Leasing PCL's Gross Margin % or its related term are showing as below:
BKK:ML'
s Gross Margin % Range Over the Past 10 Years
Min: 71.41 Med: 77.31 Max: 83.41
Current: 76.99
During the past 13 years, the highestGross Margin % of Mida Leasing PCL was 83.41%. The lowest was 71.41%. And the median was 77.31%.
BKK:ML's Gross Margin % is ranked better than 80.67% of 388
companies
in the Credit Services industry
Industry Median: 51.845
vs BKK:ML: 76.99
Mida Leasing PCL had a gross margin of 77.63% for the quarter that ended in Mar. 2026 => Durable competitive advantage
The 5-Year average Growth Rate of Gross Margin for Mida Leasing PCL was -0.50% per year.
Mida Leasing PCL (BKK:ML) 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
Mida Leasing PCL had a gross margin of 77.63% 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.
Mida Leasing PCL Gross Margin % Related Terms
Mida Leasing PCL Gross Margin % Historical Data
* Premium members only.
The historical data trend for Mida Leasing 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.
For the Credit Services subindustry, Mida Leasing 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.
Mida Leasing PCL Gross Margin % vs Credit Services Industry
For the Credit Services industry and Financial Services sector, Mida Leasing PCL's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Mida Leasing 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.
Mida Leasing PCL (BKK:ML) has a Gross Margin % of 77.63% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Mida Leasing PCL and its competitors. This is near median its historical median of 77.31. Over the past decade, Mida Leasing PCL's Gross Margin % has ranged from 71.41 to 83.41. According to the industry distribution chart, Mida Leasing PCL ranks #75 out of 388 companies in the Credit Services industry, placing it in the top 19.3%.
Is Mida Leasing PCL's Gross Margin % too high?
Mida Leasing PCL's current Gross Margin % of 77.63% is near median its 10-year median of 77.31. Over the past 10 years, this metric has ranged from a low of 71.41 to a high of 83.41. The Credit Services industry median Gross Margin % is 51.85. Mida Leasing PCL's value of 77.63% is 49.7% above this industry median. Based on the distribution chart, Mida Leasing PCL ranks #75 out of 388 companies in the Credit Services industry, which is in the top quartile — a strong position relative to peers. Overall, Mida Leasing PCL has a GF Score™ of 40/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mida Leasing PCL's Gross Margin % compare to V and MA?
According to the Credit Services industry distribution chart, Mida Leasing PCL ranks #75 out of 388 companies for Gross Margin %. This places Mida Leasing PCL in the top 19% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 51.85. Mida Leasing PCL's value of 77.63% is 49.7% above this benchmark. Historically, Mida Leasing PCL's own Gross Margin % has ranged from 71.41 to 83.41 over the past decade. While the company's 10-year median is 77.31 vs. the industry median of 51.85, Mida Leasing 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 Credit Services company?
The median Gross Margin % among Credit Services companies is 51.85, based on 388 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. Mida Leasing PCL's current Gross Margin % of 77.63% is 49.7% 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 Mida Leasing PCL and its competitors. For the Credit Services industry, the median Gross Margin % is 51.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mida Leasing PCL's current Gross Margin % is 77.63%, which is near median its own 10-year median of 77.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mida Leasing PCL stock overvalued right now?
Based on GuruFocus' analysis, Mida Leasing PCL (BKK:ML) is currently considered Significantly Overvalued. The stock's GF Value™ is ฿0.46, compared to a current price of ฿1.60 — trading 247.8% above its estimated fair value. The current Gross Margin % is 77.63%, which is near median its 10-year median of 77.31 and 49.7% above the Credit Services industry median of 51.85. Mida Leasing PCL's overall GF Score™ is 40/100 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 Mida Leasing PCL (BKK:ML), the current Gross Margin % is 77.63% 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 Mida Leasing PCL (BKK:ML) Overvalued in 2026?
Based on GuruFocus' analysis, Mida Leasing PCL stock appears to be overvalued.
The current stock price of ฿1.60 is trading 247.8% above its estimated GF Value™ of ฿0.46.
GuruFocus considers Mida Leasing PCL to be Significantly Overvalued.
Key valuation signals for BKK:ML:
Gross Margin %: 77.63% (near median its 10-year median of 77.31)
GF Value™: ฿0.46 vs. price of ฿1.60 (247.8% above fair value)
Industry Position: 49.7% above the Credit Services median (#75 of 388)
No single metric tells the full story. See the BKK:ML stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mida Leasing PCL is engaged in providing financial services for used cars hire-purchasing and management of non-performing assets. The company operates its business in three segments, namely Hire purchase financing for used cars, Other financial services, and Non-performing receivable management business. It also expanded its range of loans, including new hire-purchase loans, hire-purchase of taxis, and working capital loans. The company's majority businesses are carried out in Thailand.
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