Ratch Group PCL (BKK:RATCH-F) Gross Margin %: 19.96% (As of Mar. 2026) — 61% Above Median


BKK:RATCH-F Ratch Group PCL BKK:RATCH-F
63 GF Score
Price ฿30.50
GF Value ฿28.40
! 9 Warning Signs
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What is Ratch Group PCL Gross Margin %?

Ratch Group PCL BKK:RATCH-F -4.69% 63 Gross Margin % is 19.96% as of Mar. 2026, which is 61% above its 10-year median of 12.39. GuruFocus rates BKK:RATCH-F with a GF Score™ of 63/100 and a GF Value™ of ฿28.40. The stock has 9 warning signs investors should review. Among 489 Utilities - Regulated companies, Ratch Group PCL ranks worse than 73.42% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Ratch Group PCL's Gross Profit for the three months ended in Mar. 2026 was ฿2,140 Mil. Ratch Group PCL's Revenue for the three months ended in Mar. 2026 was ฿10,718 Mil. Therefore, Ratch Group PCL's Gross Margin % for the quarter that ended in Mar. 2026 was 19.96%.


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

BKK:RATCH-F' s Gross Margin % Range Over the Past 10 Years
Min: 7.28   Med: 12.39   Max: 19.7
Current: 18.54


During the past 13 years, the highest Gross Margin % of Ratch Group PCL was 19.70%. The lowest was 7.28%. And the median was 12.39%.

BKK:RATCH-F's Gross Margin % is ranked worse than
73.42% of 489 companies
in the Utilities - Regulated industry
Industry Median: 30.88 vs BKK:RATCH-F: 18.54

Ratch Group PCL had a gross margin of 19.96% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Ratch Group PCL was 14.00% per year.


Ratch Group PCL  (BKK:RATCH-F) 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

Ratch Group PCL had a gross margin of 19.96% for the quarter that ended in Mar. 2026 => 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.


Ratch Group PCL Gross Margin % Related Terms


Ratch Group PCL Gross Margin % Historical Data

* Premium members only.

The historical data trend for Ratch 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.

Ratch Group PCL Gross Margin % Chart

Ratch Group 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 11.28 7.28 13.56 17.61 19.70

Ratch Group 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 27.26 21.29 25.89 11.49 19.96

BKK:RATCH-F vs NEE, SO, DUK: Gross Margin % Comparison

For the Utilities - Regulated Electric subindustry, Ratch 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.


Ratch Group PCL Gross Margin % vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Ratch Group PCL's Gross Margin % distribution charts can be found below:

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


BKK:RATCH-F
63GF Score
Ratch Group PCL BKK:RATCH-F
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Ratch Group PCL Gross Margin % Calculation

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

Ratch Group 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 )
=5335.2 / 27081.617
=(Revenue - Cost of Goods Sold) / Revenue
=(27081.617 - 21746.414) / 27081.617
=19.70 %

Ratch Group 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 )
=2139.5 / 10717.634
=(Revenue - Cost of Goods Sold) / Revenue
=(10717.634 - 8578.113) / 10717.634
=19.96 %

* 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 19.96% mean?
Ratch Group PCL (BKK:RATCH-F) has a Gross Margin % of 19.96% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Ratch Group PCL and its competitors. This is 61% above median its historical median of 12.39. Over the past decade, Ratch Group PCL's Gross Margin % has ranged from 7.28 to 19.70. According to the industry distribution chart, Ratch Group PCL ranks #359 out of 489 companies in the Utilities - Regulated industry, placing it in the top 73.4%.
Is Ratch Group PCL's Gross Margin % too high?
Ratch Group PCL's current Gross Margin % of 19.96% is 61% above median its 10-year median of 12.39. Over the past 10 years, this metric has ranged from a low of 7.28 to a high of 19.70. The Utilities - Regulated industry median Gross Margin % is 30.88. Ratch Group PCL's value of 19.96% is 35.4% below this industry median. Based on the distribution chart, Ratch Group PCL ranks #359 out of 489 companies in the Utilities - Regulated industry, which is below the industry midpoint. Overall, Ratch Group PCL has a GF Score™ of 63/100, reflecting its overall financial health beyond just this single metric.
How does Ratch Group PCL's Gross Margin % compare to NEE and SO?
According to the Utilities - Regulated industry distribution chart, Ratch Group PCL ranks #359 out of 489 companies for Gross Margin %. This places Ratch Group PCL in the lower half of its industry. The industry median Gross Margin % is 30.88. Ratch Group PCL's value of 19.96% is 35.4% below this benchmark. Historically, Ratch Group PCL's own Gross Margin % has ranged from 7.28 to 19.70 over the past decade. While the company's 10-year median is 12.39 vs. the industry median of 30.88, Ratch Group 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 30.88, based on 489 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. Ratch Group PCL's current Gross Margin % of 19.96% is 35.4% 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 Ratch Group PCL and its competitors. For the Utilities - Regulated industry, the median Gross Margin % is 30.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ratch Group PCL's current Gross Margin % is 19.96%, which is 61% above median its own 10-year median of 12.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ratch Group PCL stock overvalued right now?
Ratch Group PCL (BKK:RATCH-F) has a current Gross Margin % of 19.96%. The stock's GF Value™ is ฿28.40, compared to a current price of ฿30.50 — trading 7.4% above its estimated fair value. The current Gross Margin % is 19.96%, which is 61% above median its 10-year median of 12.39 and 35.4% below the Utilities - Regulated industry median of 30.88. Ratch Group PCL's overall GF Score™ is 63/100 with 9 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 Ratch Group PCL (BKK:RATCH-F), the current Gross Margin % is 19.96% 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 Ratch Group PCL (BKK:RATCH-F) Overvalued in 2026?

Based on GuruFocus' analysis, Ratch Group PCL stock appears to be overvalued. The current stock price of ฿30.50 is trading 7.4% above its estimated GF Value™ of ฿28.40.

Key valuation signals for BKK:RATCH-F:

  • Gross Margin %: 19.96% (61% above median its 10-year median of 12.39)
  • GF Value™: ฿28.40 vs. price of ฿30.50 (7.4% above fair value)
  • GF Score™: 63/100 with 9 warning signs
  • Industry Position: 35.4% below the Utilities - Regulated median (#359 of 489)

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


Ratch Group PCL Business Description

Other Exchanges RATCH:Thailand
Address 72 Ngamwongwan Road, Muang Nonthaburi, Bangkhen, Nonthaburi, THA, 11000
Ratch Group PCL is a Thailand-based holding company. The Company's principal businesses are investing in companies whose objectives are to generate and sell electricity and develop power energy projects and infrastructure projects. The Group has four operating segments: Domestic Electricity Generating, Domestic Renewable Energy, International Power Projects, and Domestic Related Business & Infrastructure. The majority of revenue is from the domestic electricity-generating segment. Geographically, the majority of income is from Thailand. Its investment is mainly focused on fossil fuel power generation projects, renewable projects, and businesses adjacent to electricity generation and energy both in Thailand & internationally.
63GF Score

Get the complete analysis for BKK:RATCH-F

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

฿30.50
Price
฿28.40
GF Value