Modernform Group PCLBKK:MODERN +1.96%57 Gross Margin % is 34.36% as of Mar. 2026, which is 6% above its 10-year median of 32.54. GuruFocus rates BKK:MODERN with a GF Score™ of 57/100 and a GF Value™ of ฿2.06 (Fairly Valued). The stock has 6 warning signs investors should review. Among 416 Furnishings, Fixtures & Appliances companies, Modernform Group PCL ranks better than 58.89% on this metric.
The historical rank and industry rank for Modernform Group PCL's Gross Margin % or its related term are showing as below:
BKK:MODERN'
s Gross Margin % Range Over the Past 10 Years
Min: 29.2 Med: 32.54 Max: 33.6
Current: 33.04
During the past 13 years, the highestGross Margin % of Modernform Group PCL was 33.60%. The lowest was 29.20%. And the median was 32.54%.
BKK:MODERN's Gross Margin % is ranked better than 58.89% of 416
companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 29.235
vs BKK:MODERN: 33.04
Modernform Group PCL had a gross margin of 34.36% for the quarter that ended in Mar. 2026 => Competition eroding margins
The 5-Year average Growth Rate of Gross Margin for Modernform Group PCL was 1.50% per year.
Modernform Group PCL (BKK:MODERN) 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
Modernform Group PCL had a gross margin of 34.36% 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.
Modernform Group PCL Gross Margin % Related Terms
Modernform Group PCL Gross Margin % Historical Data
* Premium members only.
The historical data trend for Modernform Group 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:MODERN vs SN, SGI, MHK: Gross Margin % Comparison
For the Furnishings, Fixtures & Appliances subindustry, Modernform Group 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.
Modernform Group PCL Gross Margin % vs Furnishings, Fixtures & Appliances Industry
For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Modernform Group PCL's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Modernform Group 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.
Modernform Group PCL (BKK:MODERN) has a Gross Margin % of 34.36% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Modernform Group PCL and its competitors. This is near median its historical median of 32.54. Over the past decade, Modernform Group PCL's Gross Margin % has ranged from 29.20 to 33.60. According to the industry distribution chart, Modernform Group PCL ranks #171 out of 416 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 41.1%.
Is Modernform Group PCL's Gross Margin % too high?
Modernform Group PCL's current Gross Margin % of 34.36% is near median its 10-year median of 32.54. Over the past 10 years, this metric has ranged from a low of 29.20 to a high of 33.60. The Furnishings, Fixtures & Appliances industry median Gross Margin % is 29.24. Modernform Group PCL's value of 34.36% is 17.5% above this industry median. Based on the distribution chart, Modernform Group PCL ranks #171 out of 416 companies in the Furnishings, Fixtures & Appliances industry, which is above the industry midpoint. Overall, Modernform Group PCL has a GF Score™ of 57/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Modernform Group PCL's Gross Margin % compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Modernform Group PCL ranks #171 out of 416 companies for Gross Margin %. This puts Modernform Group PCL in the upper half of its industry. The industry median Gross Margin % is 29.24. Modernform Group PCL's value of 34.36% is 17.5% above this benchmark. Historically, Modernform Group PCL's own Gross Margin % has ranged from 29.20 to 33.60 over the past decade. While the company's 10-year median is 32.54 vs. the industry median of 29.24, Modernform Group 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 Furnishings, Fixtures & Appliances company?
The median Gross Margin % among Furnishings, Fixtures & Appliances companies is 29.24, based on 416 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. Modernform Group PCL's current Gross Margin % of 34.36% is 17.5% 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 Modernform Group PCL and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Gross Margin % is 29.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Modernform Group PCL's current Gross Margin % is 34.36%, which is near median its own 10-year median of 32.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Modernform Group PCL stock overvalued right now?
Based on GuruFocus' analysis, Modernform Group PCL (BKK:MODERN) is currently considered Fairly Valued. The stock's GF Value™ is ฿2.06, compared to a current price of ฿2.08 — trading 1% above its estimated fair value. The current Gross Margin % is 34.36%, which is near median its 10-year median of 32.54 and 17.5% above the Furnishings, Fixtures & Appliances industry median of 29.24. Modernform Group PCL's overall GF Score™ is 57/100 with 6 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 Modernform Group PCL (BKK:MODERN), the current Gross Margin % is 34.36% 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 Modernform Group PCL (BKK:MODERN) Overvalued in 2026?
Based on GuruFocus' analysis, Modernform Group PCL stock appears to be overvalued.
The current stock price of ฿2.08 is trading 1% above its estimated GF Value™ of ฿2.06.
GuruFocus considers Modernform Group PCL to be Fairly Valued.
Key valuation signals for BKK:MODERN:
Gross Margin %: 34.36% (near median its 10-year median of 32.54)
GF Value™: ฿2.06 vs. price of ฿2.08 (1% above fair value)
Industry Position: 17.5% above the Furnishings, Fixtures & Appliances median (#171 of 416)
No single metric tells the full story. See the BKK:MODERN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Modernform Group PCL is involved in the manufacturing and distribution of home and office furniture. The business of the group is operated through four reportable segments: furniture business, furniture fitting and other materials business, rental and service business, and architectural design and construction business. A majority of its revenue is generated from the furniture business, which consists of office furniture products, residential furniture products, kitchen furniture products; bathroom furniture products, and others. All the operations functioned throughout the region of Thailand.
57GF Score
Get the complete analysis for BKK:MODERN
Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
BKK:MODERN has been successfully added to your 
