More Return PCLBKK:MORE +20.00% Gross Margin % is 25.48% as of Mar. 2026, which is 33% above its 10-year median of 19.17. The stock has 3 warning signs investors should review. Among 491 Utilities - Regulated companies, More Return PCL ranks worse than 74.95% on this metric.
The historical rank and industry rank for More Return PCL's Gross Margin % or its related term are showing as below:
BKK:MORE'
s Gross Margin % Range Over the Past 10 Years
Min: -42.53 Med: 19.17 Max: 42.26
Current: 17.88
During the past 13 years, the highestGross Margin % of More Return PCL was 42.26%. The lowest was -42.53%. And the median was 19.17%.
BKK:MORE's Gross Margin % is ranked worse than 74.95% of 491
companies
in the Utilities - Regulated industry
Industry Median: 30.95
vs BKK:MORE: 17.88
More Return PCL had a gross margin of 25.48% for the quarter that ended in Mar. 2026 => Competition eroding margins
The 5-Year average Growth Rate of Gross Margin for More Return PCL was 0.00% per year.
More Return PCL (BKK:MORE) 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
More Return PCL had a gross margin of 25.48% 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.
More Return PCL Gross Margin % Related Terms
More Return PCL Gross Margin % Historical Data
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The historical data trend for More Return 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:MORE vs AWK, WTRG, AWR: Gross Margin % Comparison
For the Utilities - Regulated Water subindustry, More Return 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.
More Return PCL Gross Margin % vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, More Return PCL's Gross Margin % distribution charts can be found below:
* The bar in red indicates where More Return 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.
More Return PCL (BKK:MORE) has a Gross Margin % of 25.48% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on More Return PCL and its competitors. This is 33% above median its historical median of 19.17. According to the industry distribution chart, More Return PCL ranks #368 out of 491 companies in the Utilities - Regulated industry, placing it in the top 74.9%.
Is More Return PCL's Gross Margin % too high?
More Return PCL's current Gross Margin % of 25.48% is 33% above median its 10-year median of 19.17. The Utilities - Regulated industry median Gross Margin % is 30.95. More Return PCL's value of 25.48% is 17.7% below this industry median. Based on the distribution chart, More Return PCL ranks #368 out of 491 companies in the Utilities - Regulated industry, which is below the industry midpoint.
How does More Return PCL's Gross Margin % compare to AWK and WTRG?
According to the Utilities - Regulated industry distribution chart, More Return PCL ranks #368 out of 491 companies for Gross Margin %. This places More Return PCL in the lower half of its industry. The industry median Gross Margin % is 30.95. More Return PCL's value of 25.48% is 17.7% below this benchmark. While the company's 10-year median is 19.17 vs. the industry median of 30.95, More Return 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 Utilities - Regulated company?
The median Gross Margin % among Utilities - Regulated companies is 30.95, based on 491 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. More Return PCL's current Gross Margin % of 25.48% is 17.7% 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 More Return PCL and its competitors. For the Utilities - Regulated industry, the median Gross Margin % is 30.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. More Return PCL's current Gross Margin % is 25.48%, which is 33% above median its own 10-year median of 19.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is More Return PCL stock overvalued right now?
Based on GuruFocus' analysis, More Return PCL (BKK:MORE) is currently considered Modestly Overvalued. The stock's GF Value™ is ฿0.05, compared to a current price of ฿0.06 — trading 20% above its estimated fair value. The current Gross Margin % is 25.48%, which is 33% above median its 10-year median of 19.17 and 17.7% below the Utilities - Regulated industry median of 30.95. 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 More Return PCL (BKK:MORE), the current Gross Margin % is 25.48% 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.
More Return PCL is a Thailand-based company. Along with its subsidiaries, it operates in the following reportable segments; Services, Utilities, and Trading. The majority of its revenue is generated from the Utilities segment which is engaged in producing and selling treated water, and installation of water supply systems. The Services segment is responsible for consulting and organizing concerts, and the Trading segment is responsible for selling mosquito repellent spray products.
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