Siam Steel International PCLBKK:SIAM +1.33%42 Gross Margin % is 17.35% as of Mar. 2026, which is 9% below its 10-year median of 19.16. GuruFocus rates BKK:SIAM with a GF Score™ of 42/100 and a GF Value™ of ฿0.68 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 415 Furnishings, Fixtures & Appliances companies, Siam Steel International PCL ranks worse than 78.31% on this metric.
BKK:SIAM's Gross Margin % is ranked worse than 78.31% of 415
companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 29.11
vs BKK:SIAM: 18.25
Siam Steel International PCL had a gross margin of 17.35% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage
Siam Steel International PCL (BKK:SIAM) 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
Siam Steel International PCL had a gross margin of 17.35% 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.
Siam Steel International PCL Gross Margin % Related Terms
Siam Steel International PCL Gross Margin % Historical Data
* 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:SIAM vs SN, SGI, MHK: Gross Margin % Comparison
For the Furnishings, Fixtures & Appliances subindustry, Siam Steel International 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.
Siam Steel International PCL Gross Margin % vs Furnishings, Fixtures & Appliances Industry
For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Siam Steel International PCL's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Siam Steel International 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.
Siam Steel International PCL (BKK:SIAM) has a Gross Margin % of 17.35% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Siam Steel International PCL and its competitors. This is near median its historical median of 19.16. Over the past decade, Siam Steel International PCL's Gross Margin % has ranged from 11.12 to 22.64. According to the industry distribution chart, Siam Steel International PCL ranks #325 out of 415 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 78.3%.
Is Siam Steel International PCL's Gross Margin % too high?
Siam Steel International PCL's current Gross Margin % of 17.35% is near median its 10-year median of 19.16. Over the past 10 years, this metric has ranged from a low of 11.12 to a high of 22.64. The Furnishings, Fixtures & Appliances industry median Gross Margin % is 29.11. Siam Steel International PCL's value of 17.35% is 40.4% below this industry median. Based on the distribution chart, Siam Steel International PCL ranks #325 out of 415 companies in the Furnishings, Fixtures & Appliances industry, which is in the bottom quartile relative to peers. Overall, Siam Steel International PCL has a GF Score™ of 42/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Siam Steel International PCL's Gross Margin % compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Siam Steel International PCL ranks #325 out of 415 companies for Gross Margin %. This places Siam Steel International PCL in the lower half of its industry. The industry median Gross Margin % is 29.11. Siam Steel International PCL's value of 17.35% is 40.4% below this benchmark. Historically, Siam Steel International PCL's own Gross Margin % has ranged from 11.12 to 22.64 over the past decade. While the company's 10-year median is 19.16 vs. the industry median of 29.11, Siam Steel International 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 Furnishings, Fixtures & Appliances company?
The median Gross Margin % among Furnishings, Fixtures & Appliances companies is 29.11, based on 415 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. Siam Steel International PCL's current Gross Margin % of 17.35% is 40.4% 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 Siam Steel International PCL and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Gross Margin % is 29.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Siam Steel International PCL's current Gross Margin % is 17.35%, which is near median its own 10-year median of 19.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Siam Steel International PCL stock overvalued right now?
Based on GuruFocus' analysis, Siam Steel International PCL (BKK:SIAM) is currently considered Modestly Overvalued. The stock's GF Value™ is ฿0.68, compared to a current price of ฿0.76 — trading 11.8% above its estimated fair value. The current Gross Margin % is 17.35%, which is near median its 10-year median of 19.16 and 40.4% below the Furnishings, Fixtures & Appliances industry median of 29.11. Siam Steel International PCL's overall GF Score™ is 42/100 with 3 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 Siam Steel International PCL (BKK:SIAM), the current Gross Margin % is 17.35% 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 Siam Steel International PCL (BKK:SIAM) Overvalued in 2026?
Based on GuruFocus' analysis, Siam Steel International PCL stock appears to be overvalued.
The current stock price of ฿0.76 is trading 11.8% above its estimated GF Value™ of ฿0.68.
GuruFocus considers Siam Steel International PCL to be Modestly Overvalued.
Key valuation signals for BKK:SIAM:
Gross Margin %: 17.35% (near median its 10-year median of 19.16)
GF Value™: ฿0.68 vs. price of ฿0.76 (11.8% above fair value)
Industry Position: 40.4% below the Furnishings, Fixtures & Appliances median (#325 of 415)
No single metric tells the full story. See the BKK:SIAM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Siam Steel International PCL is engaged in the manufacturing and sales of steel office equipment and furniture parts, construction services and alternative energy sector. The company manufactures and sells steel furniture under the brands LUCKY KINGDOM, OKAMURA, CHITOSE, and PILOT, and wooden furniture, including freestanding and built-in products, under the KINGDOM brand. It also provides interior design services for office and residential spaces, and manufactures and sells prefabricated buildings under the LUCKY Hi-Tech Building System brand. Its business segments are manufacturing and sales and of furniture, construction services and alternative energy sector. The majority of the company's revenue is generated from the Furniture segment. Geographically, it operates only in Thailand.
42GF Score
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Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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