Starflex PCL (BKK:SFLEX) Gross Margin %: 25.81% (As of Mar. 2026) — 19% Above Median


BKK:SFLEX Starflex PCL BKK:SFLEX
83 GF Score
Price ฿2.94
GF Value ฿3.63
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Starflex PCL Gross Margin %?

Starflex PCL BKK:SFLEX -1.34% 83 Gross Margin % is 25.81% as of Mar. 2026, which is 19% above its 10-year median of 21.76. GuruFocus rates BKK:SFLEX with a GF Score™ of 83/100 and a GF Value™ of ฿3.63 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 379 Packaging & Containers companies, Starflex PCL ranks better than 58.58% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Starflex PCL's Gross Profit for the three months ended in Mar. 2026 was ฿127 Mil. Starflex PCL's Revenue for the three months ended in Mar. 2026 was ฿491 Mil. Therefore, Starflex PCL's Gross Margin % for the quarter that ended in Mar. 2026 was 25.81%.


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

BKK:SFLEX' s Gross Margin % Range Over the Past 10 Years
Min: 12.64   Med: 21.76   Max: 24.68
Current: 24.45


During the past 10 years, the highest Gross Margin % of Starflex PCL was 24.68%. The lowest was 12.64%. And the median was 21.76%.

BKK:SFLEX's Gross Margin % is ranked better than
58.58% of 379 companies
in the Packaging & Containers industry
Industry Median: 21.28 vs BKK:SFLEX: 24.45

Starflex PCL had a gross margin of 25.81% for the quarter that ended in Mar. 2026 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Starflex PCL was 7.40% per year.


Starflex PCL  (BKK:SFLEX) 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

Starflex PCL had a gross margin of 25.81% 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.


Starflex PCL Gross Margin % Related Terms


Starflex PCL Gross Margin % Historical Data

* Premium members only.

The historical data trend for Starflex 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.

Starflex PCL Gross Margin % Chart

Starflex 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 15.69 12.64 23.95 24.68 24.12

Starflex 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 24.51 23.66 24.41 23.89 25.81

BKK:SFLEX vs SW, PKG, IP: Gross Margin % Comparison

For the Packaging & Containers subindustry, Starflex 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.


Starflex PCL Gross Margin % vs Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Starflex PCL's Gross Margin % distribution charts can be found below:

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


BKK:SFLEX
83GF Score
Starflex PCL BKK:SFLEX
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Starflex PCL Gross Margin % Calculation

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

Starflex 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 )
=473.5 / 1962.866
=(Revenue - Cost of Goods Sold) / Revenue
=(1962.866 - 1489.327) / 1962.866
=24.12 %

Starflex 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 )
=126.7 / 490.805
=(Revenue - Cost of Goods Sold) / Revenue
=(490.805 - 364.137) / 490.805
=25.81 %

* 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 25.81% mean?
Starflex PCL (BKK:SFLEX) has a Gross Margin % of 25.81% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Starflex PCL and its competitors. This is 19% above median its historical median of 21.76. Over the past decade, Starflex PCL's Gross Margin % has ranged from 12.64 to 24.68. According to the industry distribution chart, Starflex PCL ranks #157 out of 379 companies in the Packaging & Containers industry, placing it in the top 41.4%.
Is Starflex PCL's Gross Margin % too high?
Starflex PCL's current Gross Margin % of 25.81% is 19% above median its 10-year median of 21.76. Over the past 10 years, this metric has ranged from a low of 12.64 to a high of 24.68. The Packaging & Containers industry median Gross Margin % is 21.28. Starflex PCL's value of 25.81% is 21.3% above this industry median. Based on the distribution chart, Starflex PCL ranks #157 out of 379 companies in the Packaging & Containers industry, which is above the industry midpoint. Overall, Starflex PCL has a GF Score™ of 83/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Starflex PCL's Gross Margin % compare to SW and PKG?
According to the Packaging & Containers industry distribution chart, Starflex PCL ranks #157 out of 379 companies for Gross Margin %. This puts Starflex PCL in the upper half of its industry. The industry median Gross Margin % is 21.28. Starflex PCL's value of 25.81% is 21.3% above this benchmark. Historically, Starflex PCL's own Gross Margin % has ranged from 12.64 to 24.68 over the past decade. While the company's 10-year median is 21.76 vs. the industry median of 21.28, Starflex 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 Packaging & Containers company?
The median Gross Margin % among Packaging & Containers companies is 21.28, based on 379 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. Starflex PCL's current Gross Margin % of 25.81% is 21.3% 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 Starflex PCL and its competitors. For the Packaging & Containers industry, the median Gross Margin % is 21.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Starflex PCL's current Gross Margin % is 25.81%, which is 19% above median its own 10-year median of 21.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Starflex PCL stock overvalued right now?
Based on GuruFocus' analysis, Starflex PCL (BKK:SFLEX) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿3.63, compared to a current price of ฿2.94 — trading 19% below its estimated fair value. The current Gross Margin % is 25.81%, which is 19% above median its 10-year median of 21.76 and 21.3% above the Packaging & Containers industry median of 21.28. Starflex PCL's overall GF Score™ is 83/100 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 Starflex PCL (BKK:SFLEX), the current Gross Margin % is 25.81% 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 Starflex PCL (BKK:SFLEX) Overvalued in 2026?

Based on GuruFocus' analysis, Starflex PCL stock appears to be undervalued. The current stock price of ฿2.94 is trading 19% below its estimated GF Value™ of ฿3.63. GuruFocus considers Starflex PCL to be Modestly Undervalued.

Key valuation signals for BKK:SFLEX:

  • Gross Margin %: 25.81% (19% above median its 10-year median of 21.76)
  • GF Value™: ฿3.63 vs. price of ฿2.94 (19% below fair value)
  • GF Score™: 83/100 with 4 warning signs
  • Industry Position: 21.3% above the Packaging & Containers median (#157 of 379)

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


Starflex PCL Business Description

Address 189 / 48-49 Moo.3, Theparak Road, T. Bangpreang, A. Bangbo, Samutprakan, Bangkok, THA, 10560
Starflex PCL is engaged in the manufacture and distribution of flexible packaging. The company provides packaging for home and personal products, medical products, and food industries. There are three operating business segments: Packaging products for food, Packaging products for non-food, and Other segment. The Non-food packaging segment generates a vast majority of the revenues. The company operates in Thailand only.
83GF Score

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

฿2.94
Price
฿3.63
GF Value