NFC PCL (BKK:NFC) Gross Margin %: 22.81% (As of Mar. 2026) — Near Median


BKK:NFC NFC PCL BKK:NFC
8 GF Score
Price ฿1.23
GF Value ฿3.56
! 5 Warning Signs
View Full Analysis

What is NFC PCL Gross Margin %?

NFC PCL BKK:NFC 8 Gross Margin % is 22.81% as of Mar. 2026, which is 6% below its 10-year median of 24.19. GuruFocus rates BKK:NFC with a GF Score™ of 8/100 and a GF Value™ of ฿3.56. The stock has 5 warning signs investors should review.

Gross Margin % is calculated as gross profit divided by its revenue. NFC PCL's Gross Profit for the three months ended in Mar. 2026 was ฿138 Mil. NFC PCL's Revenue for the three months ended in Mar. 2026 was ฿607 Mil. Therefore, NFC PCL's Gross Margin % for the quarter that ended in Mar. 2026 was 22.81%.


The historical rank and industry rank for NFC PCL's Gross Margin % or its related term are showing as below:

BKK:NFC' s Gross Margin % Range Over the Past 10 Years
Min: 10.08   Med: 24.19   Max: 27.56
Current: 24.72


During the past 13 years, the highest Gross Margin % of NFC PCL was 27.56%. The lowest was 10.08%. And the median was 24.19%.

BKK:NFC's Gross Margin % is not ranked
in the Agriculture industry.
Industry Median: 24.81 vs BKK:NFC: 24.72

NFC PCL had a gross margin of 22.81% for the quarter that ended in Mar. 2026 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for NFC PCL was 12.40% per year.


NFC PCL  (BKK:NFC) 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

NFC PCL had a gross margin of 22.81% 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.


NFC PCL Gross Margin % Related Terms


NFC PCL Gross Margin % Historical Data

* Premium members only.

The historical data trend for NFC 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.

NFC PCL Gross Margin % Chart

NFC PCL Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.11 10.08 27.56 26.44 24.66

NFC PCL Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 22.33 22.68 27.01 26.78 22.81

BKK:NFC vs CTVA, CF, MOS: Gross Margin % Comparison

For the Agricultural Inputs subindustry, NFC 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.


NFC PCL Gross Margin % vs Agriculture Industry

For the Agriculture industry and Basic Materials sector, NFC PCL's Gross Margin % distribution charts can be found below:

* The bar in red indicates where NFC PCL's Gross Margin % falls into.


BKK:NFC
8GF Score
NFC PCL BKK:NFC
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

NFC PCL Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

NFC PCL's Gross Margin for the fiscal year that ended in Dec. 2025 is calculated as

Gross Margin % (A: Dec. 2025 )=Gross Profit (A: Dec. 2025 ) / Revenue (A: Dec. 2025 )
=530.5 / 2151.526
=(Revenue - Cost of Goods Sold) / Revenue
=(2151.526 - 1620.988) / 2151.526
=24.66 %

NFC PCL's Gross Margin for the quarter that ended in Mar. 2026 is calculated as


Gross Margin % (Q: Mar. 2026 )=Gross Profit (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=138.5 / 607.22
=(Revenue - Cost of Goods Sold) / Revenue
=(607.22 - 468.735) / 607.22
=22.81 %

* 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.

Frequently Asked Questions Learn more about Gross Margin % →
What does a Gross Margin % of 22.81% mean?
NFC PCL (BKK:NFC) has a Gross Margin % of 22.81% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on NFC PCL and its competitors. This is near median its historical median of 24.19. Over the past decade, NFC PCL's Gross Margin % has ranged from 10.08 to 27.56.
Is NFC PCL's Gross Margin % too high?
NFC PCL's current Gross Margin % of 22.81% is near median its 10-year median of 24.19. Over the past 10 years, this metric has ranged from a low of 10.08 to a high of 27.56. The Agriculture industry median Gross Margin % is 24.81. NFC PCL's value of 22.81% is 8.1% below this industry median. Overall, NFC PCL has a GF Score™ of 8/100, reflecting its overall financial health beyond just this single metric.
How does NFC PCL's Gross Margin % compare to CTVA and CF?
NFC PCL's Gross Margin % of 22.81% can be compared against companies in the Agriculture industry. The industry median Gross Margin % is 24.81. NFC PCL's value of 22.81% is 8.1% below this benchmark. Historically, NFC PCL's own Gross Margin % has ranged from 10.08 to 27.56 over the past decade. While the company's 10-year median is 24.19 vs. the industry median of 24.81, NFC 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 Agriculture company?
The median Gross Margin % among Agriculture companies is 24.81, based on 247 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. NFC PCL's current Gross Margin % of 22.81% is 8.1% 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 NFC PCL and its competitors. For the Agriculture industry, the median Gross Margin % is 24.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NFC PCL's current Gross Margin % is 22.81%, which is near median its own 10-year median of 24.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NFC PCL stock overvalued right now?
NFC PCL (BKK:NFC) has a current Gross Margin % of 22.81%. The stock's GF Value™ is ฿3.56, compared to a current price of ฿1.23 — trading 65.4% below its estimated fair value. The current Gross Margin % is 22.81%, which is near median its 10-year median of 24.19 and 8.1% below the Agriculture industry median of 24.81. NFC PCL's overall GF Score™ is 8/100 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 NFC PCL (BKK:NFC), the current Gross Margin % is 22.81% 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 NFC PCL (BKK:NFC) Overvalued in 2026?

Based on GuruFocus' analysis, NFC PCL stock appears to be undervalued. The current stock price of ฿1.23 is trading 65.4% below its estimated GF Value™ of ฿3.56.

Key valuation signals for BKK:NFC:

  • Gross Margin %: 22.81% (near median its 10-year median of 24.19)
  • GF Value™: ฿3.56 vs. price of ฿1.23 (65.4% below fair value)
  • GF Score™: 8/100 with 5 warning signs
  • Industry Position: 8.1% below the Agriculture median

No single metric tells the full story. See the BKK:NFC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


NFC PCL Business Description

Address The Park Land Road, 88 SC Group Building, 3rd Floor, Bangna Nuea Sub -District, Bangna District, Bangkok, THA, 10260
NFC PCL core business activity is the sale of chemical products and the provision of other chemical related services. The Company also provides port and warehousing services, as well as logistics and liquid storage services. Its products and services include ammonia, ammonium hydroxide, sulfuric acid, warehousing services, logistics and liquid storage services, and port services. The Company operates through three reportable segments: Chemical, which generates the majority of the revenue; Service Fuel Tank Farm; and Port Service and Other.
8GF Score

Get the complete analysis for BKK:NFC

Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

฿1.23
Price
฿3.56
GF Value