Siamgas And Petrochemicals PCL (BKK:SGP) Gross Margin %: 10.88% (As of Mar. 2026) — 130% Above Median

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BKK:SGP Siamgas And Petrochemicals PCL BKK:SGP
62 GF Score
Price ฿7.95
GF Value ฿6.32
Valuation Modestly Overvalued
! 7 Warning Signs
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What is Siamgas And Petrochemicals PCL Gross Margin %?

Siamgas And Petrochemicals PCL BKK:SGP -1.85% 62 Gross Margin % is 10.88% as of Mar. 2026, which is 130% above its 10-year median of 4.73. GuruFocus rates BKK:SGP with a GF Score™ of 62/100 and a GF Value™ of ฿6.32 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 869 Oil & Gas companies, Siamgas And Petrochemicals PCL ranks worse than 87.92% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Siamgas And Petrochemicals PCL's Gross Profit for the three months ended in Mar. 2026 was ฿2,514 Mil. Siamgas And Petrochemicals PCL's Revenue for the three months ended in Mar. 2026 was ฿23,100 Mil. Therefore, Siamgas And Petrochemicals PCL's Gross Margin % for the quarter that ended in Mar. 2026 was 10.88%.

Warning Sign:

Siamgas And Petrochemicals PCL gross margin has been in long-term decline. The average rate of decline per year is -13.3%.


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

BKK:SGP' s Gross Margin % Range Over the Past 10 Years
Min: 2.45   Med: 4.73   Max: 8.36
Current: 5.2


During the past 13 years, the highest Gross Margin % of Siamgas And Petrochemicals PCL was 8.36%. The lowest was 2.45%. And the median was 4.73%.

BKK:SGP's Gross Margin % is ranked worse than
87.92% of 869 companies
in the Oil & Gas industry
Industry Median: 25.78 vs BKK:SGP: 5.20

Siamgas And Petrochemicals PCL had a gross margin of 10.88% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Siamgas And Petrochemicals PCL was -13.30% per year.


Siamgas And Petrochemicals PCL  (BKK:SGP) 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

Siamgas And Petrochemicals PCL had a gross margin of 10.88% 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.


Siamgas And Petrochemicals PCL Gross Margin % Related Terms


Siamgas And Petrochemicals PCL Gross Margin % Historical Data

* Premium members only.

The historical data trend for Siamgas And Petrochemicals 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.

Siamgas And Petrochemicals PCL Gross Margin % Chart

Siamgas And Petrochemicals 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 7.41 2.45 3.83 4.60 3.06

Siamgas And Petrochemicals 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 3.87 0.31 1.91 5.85 10.88

BKK:SGP vs VLO, MPC, PSX: Gross Margin % Comparison

For the Oil & Gas Refining & Marketing subindustry, Siamgas And Petrochemicals 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.


Siamgas And Petrochemicals PCL Gross Margin % vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Siamgas And Petrochemicals PCL's Gross Margin % distribution charts can be found below:

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


BKK:SGP
62GF Score
Siamgas And Petrochemicals PCL BKK:SGP
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Siamgas And Petrochemicals PCL Gross Margin % Calculation

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

Siamgas And Petrochemicals 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 )
=2256 / 73722.255
=(Revenue - Cost of Goods Sold) / Revenue
=(73722.255 - 71466.216) / 73722.255
=3.06 %

Siamgas And Petrochemicals 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 )
=2514.1 / 23100.402
=(Revenue - Cost of Goods Sold) / Revenue
=(23100.402 - 20586.285) / 23100.402
=10.88 %

* 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 10.88% mean?
Siamgas And Petrochemicals PCL (BKK:SGP) has a Gross Margin % of 10.88% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Siamgas And Petrochemicals PCL and its competitors. This is 130% above median its historical median of 4.73. Over the past decade, Siamgas And Petrochemicals PCL's Gross Margin % has ranged from 2.45 to 8.36. According to the industry distribution chart, Siamgas And Petrochemicals PCL ranks #764 out of 869 companies in the Oil & Gas industry, placing it in the top 87.9%.
Is Siamgas And Petrochemicals PCL's Gross Margin % too high?
Siamgas And Petrochemicals PCL's current Gross Margin % of 10.88% is 130% above median its 10-year median of 4.73. Over the past 10 years, this metric has ranged from a low of 2.45 to a high of 8.36. The Oil & Gas industry median Gross Margin % is 25.78. Siamgas And Petrochemicals PCL's value of 10.88% is 57.8% below this industry median. Based on the distribution chart, Siamgas And Petrochemicals PCL ranks #764 out of 869 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, Siamgas And Petrochemicals PCL has a GF Score™ of 62/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Siamgas And Petrochemicals PCL's Gross Margin % compare to VLO and MPC?
According to the Oil & Gas industry distribution chart, Siamgas And Petrochemicals PCL ranks #764 out of 869 companies for Gross Margin %. This places Siamgas And Petrochemicals PCL in the lower half of its industry. The industry median Gross Margin % is 25.78. Siamgas And Petrochemicals PCL's value of 10.88% is 57.8% below this benchmark. Historically, Siamgas And Petrochemicals PCL's own Gross Margin % has ranged from 2.45 to 8.36 over the past decade. While the company's 10-year median is 4.73 vs. the industry median of 25.78, Siamgas And Petrochemicals 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 Oil & Gas company?
The median Gross Margin % among Oil & Gas companies is 25.78, based on 869 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. Siamgas And Petrochemicals PCL's current Gross Margin % of 10.88% is 57.8% 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 Siamgas And Petrochemicals PCL and its competitors. For the Oil & Gas industry, the median Gross Margin % is 25.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Siamgas And Petrochemicals PCL's current Gross Margin % is 10.88%, which is 130% above median its own 10-year median of 4.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Siamgas And Petrochemicals PCL stock overvalued right now?
Based on GuruFocus' analysis, Siamgas And Petrochemicals PCL (BKK:SGP) is currently considered Modestly Overvalued. The stock's GF Value™ is ฿6.32, compared to a current price of ฿7.95 — trading 25.8% above its estimated fair value. The current Gross Margin % is 10.88%, which is 130% above median its 10-year median of 4.73 and 57.8% below the Oil & Gas industry median of 25.78. Siamgas And Petrochemicals PCL's overall GF Score™ is 62/100 with 7 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 Siamgas And Petrochemicals PCL (BKK:SGP), the current Gross Margin % is 10.88% 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 Siamgas And Petrochemicals PCL (BKK:SGP) Overvalued in 2026?

Based on GuruFocus' analysis, Siamgas And Petrochemicals PCL stock appears to be overvalued. The current stock price of ฿7.95 is trading 25.8% above its estimated GF Value™ of ฿6.32. GuruFocus considers Siamgas And Petrochemicals PCL to be Modestly Overvalued.

Key valuation signals for BKK:SGP:

  • Gross Margin %: 10.88% (130% above median its 10-year median of 4.73)
  • GF Value™: ฿6.32 vs. price of ฿7.95 (25.8% above fair value)
  • GF Score™: 62/100 with 7 warning signs
  • Industry Position: 57.8% below the Oil & Gas median (#764 of 869)

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


Siamgas And Petrochemicals PCL Business Description

Industry EnergyOil & Gas
Other Exchanges 4QVA:Germany
Address Ratchaprarop Road, 553, The Palladium Building, 30th Floor, Makkasan, Ratchathewi, Bangkok, THA, 10400
Siamgas And Petrochemicals PCL is engaged in trading petroleum and petrochemicals, transportation services by land and ship and oil depots, and port services. Its segments include Petroleum & petrochemical products, which is engaged in trading of petroleum for household cooking, industry & transportation businesses, and petrochemical trading; Transportation services, which provides transportation services by land & ship; and Others segment, which is into Cylinder manufacturing, holding business and oil depots & port services. Its operations are carried out in Thailand, and Overseas. The company generates the majority of its revenue from the overseas market.
62GF Score

Get the complete analysis for BKK:SGP

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

฿7.95
Price
฿6.32
GF Value