N.D. Rubber PCLBKK:NDR +0.56%63 Gross Margin % is 22.24% as of Mar. 2026, which is 26% above its 10-year median of 17.69. GuruFocus rates BKK:NDR with a GF Score™ of 63/100 and a GF Value™ of ฿1.32 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 1,307 Vehicles & Parts companies, N.D. Rubber PCL ranks better than 53.02% on this metric.
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
N.D. Rubber PCL had a gross margin of 22.24% 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.
N.D. Rubber PCL Gross Margin % Related Terms
N.D. Rubber PCL Gross Margin % Historical Data
* Premium members only.
The historical data trend for N.D. Rubber 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 Auto Parts subindustry, N.D. Rubber 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.
N.D. Rubber PCL Gross Margin % vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, N.D. Rubber PCL's Gross Margin % distribution charts can be found below:
* The bar in red indicates where N.D. Rubber 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.
N.D. Rubber PCL (BKK:NDR) has a Gross Margin % of 22.24% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on N.D. Rubber PCL and its competitors. This is 26% above median its historical median of 17.69. Over the past decade, N.D. Rubber PCL's Gross Margin % has ranged from 9.16 to 23.82. According to the industry distribution chart, N.D. Rubber PCL ranks #614 out of 1307 companies in the Vehicles & Parts industry, placing it in the top 47%.
Is N.D. Rubber PCL's Gross Margin % too high?
N.D. Rubber PCL's current Gross Margin % of 22.24% is 26% above median its 10-year median of 17.69. Over the past 10 years, this metric has ranged from a low of 9.16 to a high of 23.82. The Vehicles & Parts industry median Gross Margin % is 19.87. N.D. Rubber PCL's value of 22.24% is 11.9% above this industry median. Based on the distribution chart, N.D. Rubber PCL ranks #614 out of 1307 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, N.D. Rubber PCL has a GF Score™ of 63/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does N.D. Rubber PCL's Gross Margin % compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, N.D. Rubber PCL ranks #614 out of 1307 companies for Gross Margin %. This puts N.D. Rubber PCL in the upper half of its industry. The industry median Gross Margin % is 19.87. N.D. Rubber PCL's value of 22.24% is 11.9% above this benchmark. Historically, N.D. Rubber PCL's own Gross Margin % has ranged from 9.16 to 23.82 over the past decade. While the company's 10-year median is 17.69 vs. the industry median of 19.87, N.D. Rubber 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 Vehicles & Parts company?
The median Gross Margin % among Vehicles & Parts companies is 19.87, based on 1,307 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. N.D. Rubber PCL's current Gross Margin % of 22.24% is 11.9% 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 N.D. Rubber PCL and its competitors. For the Vehicles & Parts industry, the median Gross Margin % is 19.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. N.D. Rubber PCL's current Gross Margin % is 22.24%, which is 26% above median its own 10-year median of 17.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is N.D. Rubber PCL stock overvalued right now?
Based on GuruFocus' analysis, N.D. Rubber PCL (BKK:NDR) is currently considered Significantly Overvalued. The stock's GF Value™ is ฿1.32, compared to a current price of ฿1.80 — trading 36.4% above its estimated fair value. The current Gross Margin % is 22.24%, which is 26% above median its 10-year median of 17.69 and 11.9% above the Vehicles & Parts industry median of 19.87. N.D. Rubber PCL's overall GF Score™ is 63/100 with 4 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 N.D. Rubber PCL (BKK:NDR), the current Gross Margin % is 22.24% 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 N.D. Rubber PCL (BKK:NDR) Overvalued in 2026?
Based on GuruFocus' analysis, N.D. Rubber PCL stock appears to be overvalued.
The current stock price of ฿1.80 is trading 36.4% above its estimated GF Value™ of ฿1.32.
GuruFocus considers N.D. Rubber PCL to be Significantly Overvalued.
Key valuation signals for BKK:NDR:
Gross Margin %: 22.24% (26% above median its 10-year median of 17.69)
GF Value™: ฿1.32 vs. price of ฿1.80 (36.4% above fair value)
Industry Position: 11.9% above the Vehicles & Parts median (#614 of 1307)
No single metric tells the full story. See the BKK:NDR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
N.D. Rubber PCL is engaged in the manufacturing and distribution of tyres, tubes, and batteries for motorcycles and automobiles. It offers Tyres and Tubes for motorcycles, Bicycle batteries, Rubber parts, Shoes, Lube oil, and synthetic, producing and distributing electricity from the solar energy. The company derives revenue from the sales made in Thailand and the overseas market. It generates a majority of revenue from the sales of Tyres.
63GF Score
Get the complete analysis for BKK:NDR
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:NDR has been successfully added to your 
