North East Rubber PCLBKK:NER-R 89 Gross Margin % is 8.36% as of Dec. 2025, which is 19% below its 10-year median of 10.34. GuruFocus rates BKK:NER-R with a GF Score™ of 89/100 and a GF Value™ of ฿5.92. The stock has 5 warning signs investors should review. Among 1,564 Chemicals companies, North East Rubber PCL ranks worse than 83.38% on this metric.
BKK:NER-R's Gross Margin % is ranked worse than 83.38% of 1564
companies
in the Chemicals industry
Industry Median: 23.375
vs BKK:NER-R: 9.68
North East Rubber PCL had a gross margin of 8.36% for the quarter that ended in Dec. 2025 => No sustainable competitive advantage
The 5-Year average Growth Rate of Gross Margin for North East Rubber PCL was -3.70% per year.
North East Rubber PCL (BKK:NER-R) 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
North East Rubber PCL had a gross margin of 8.36% for the quarter that ended in Dec. 2025 => No sustainable 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.
North East Rubber PCL Gross Margin % Related Terms
North East Rubber PCL Gross Margin % Historical Data
* Premium members only.
The historical data trend for North East 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.
BKK:NER-R vs LIN, SHW, ECL: Gross Margin % Comparison
For the Specialty Chemicals subindustry, North East 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.
North East Rubber PCL Gross Margin % vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, North East Rubber PCL's Gross Margin % distribution charts can be found below:
* The bar in red indicates where North East 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.
North East Rubber PCL (BKK:NER-R) has a Gross Margin % of 8.36% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on North East Rubber PCL and its competitors. This is 19% below median its historical median of 10.34. Over the past decade, North East Rubber PCL's Gross Margin % has ranged from 7.02 to 13.25. According to the industry distribution chart, North East Rubber PCL ranks #1304 out of 1564 companies in the Chemicals industry, placing it in the top 83.4%.
Is North East Rubber PCL's Gross Margin % too high?
North East Rubber PCL's current Gross Margin % of 8.36% is 19% below median its 10-year median of 10.34. Over the past 10 years, this metric has ranged from a low of 7.02 to a high of 13.25. The Chemicals industry median Gross Margin % is 23.38. North East Rubber PCL's value of 8.36% is 64.2% below this industry median. Based on the distribution chart, North East Rubber PCL ranks #1304 out of 1564 companies in the Chemicals industry, which is in the bottom quartile relative to peers. Overall, North East Rubber PCL has a GF Score™ of 89/100, reflecting its overall financial health beyond just this single metric.
How does North East Rubber PCL's Gross Margin % compare to LIN and SHW?
According to the Chemicals industry distribution chart, North East Rubber PCL ranks #1304 out of 1564 companies for Gross Margin %. This places North East Rubber PCL in the lower half of its industry. The industry median Gross Margin % is 23.38. North East Rubber PCL's value of 8.36% is 64.2% below this benchmark. Historically, North East Rubber PCL's own Gross Margin % has ranged from 7.02 to 13.25 over the past decade. While the company's 10-year median is 10.34 vs. the industry median of 23.38, North East Rubber 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 a Chemicals company?
The median Gross Margin % among Chemicals companies is 23.38, based on 1,564 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. North East Rubber PCL's current Gross Margin % of 8.36% is 64.2% 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 North East Rubber PCL and its competitors. For the Chemicals industry, the median Gross Margin % is 23.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. North East Rubber PCL's current Gross Margin % is 8.36%, which is 19% below median its own 10-year median of 10.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is North East Rubber PCL stock overvalued right now?
North East Rubber PCL (BKK:NER-R) has a current Gross Margin % of 8.36%. The stock's GF Value™ is ฿5.92, compared to a current price of ฿4.76 — trading 19.6% below its estimated fair value. The current Gross Margin % is 8.36%, which is 19% below median its 10-year median of 10.34 and 64.2% below the Chemicals industry median of 23.38. North East Rubber PCL's overall GF Score™ is 89/100 with 5 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 North East Rubber PCL (BKK:NER-R), the current Gross Margin % is 8.36% as of Dec. 2025. 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 North East Rubber PCL (BKK:NER-R) Overvalued in 2026?
Based on GuruFocus' analysis, North East Rubber PCL stock appears to be undervalued.
The current stock price of ฿4.76 is trading 19.6% below its estimated GF Value™ of ฿5.92.
Key valuation signals for BKK:NER-R:
Gross Margin %: 8.36% (19% below median its 10-year median of 10.34)
GF Value™: ฿5.92 vs. price of ฿4.76 (19.6% below fair value)
Industry Position: 64.2% below the Chemicals median (#1304 of 1564)
No single metric tells the full story. See the BKK:NER-R stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
North East Rubber PCL Company and its subsidiary have a single core operating segment (identified by internal reporting segments), i.e., manufacturing and sales of rubber smoked sheets, skim block rubbers, and other rubber products, both domestically and abroad. Geographically, the maximum revenue is generated from Thailand.
89GF Score
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