SMD Rise PCL (BKK:SMD100-R) Gross Margin %: 31.73% (As of Mar. 2026) — 16% Below Median


BKK:SMD100-R SMD Rise PCL BKK:SMD100-R
59 GF Score
Price ฿5.85
GF Value ฿23.66
! 6 Warning Signs
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What is SMD Rise PCL Gross Margin %?

SMD Rise PCL BKK:SMD100-R 59 Gross Margin % is 31.73% as of Mar. 2026, which is 16% below its 10-year median of 37.87. GuruFocus rates BKK:SMD100-R with a GF Score™ of 59/100 and a GF Value™ of ฿23.66. The stock has 6 warning signs investors should review. Among 118 Medical Distribution companies, SMD Rise PCL ranks better than 72.03% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. SMD Rise PCL's Gross Profit for the three months ended in Mar. 2026 was ฿54.8 Mil. SMD Rise PCL's Revenue for the three months ended in Mar. 2026 was ฿172.7 Mil. Therefore, SMD Rise PCL's Gross Margin % for the quarter that ended in Mar. 2026 was 31.73%.

Warning Sign:

SMD Rise PCL gross margin has been in long-term decline. The average rate of decline per year is -2.4%.


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

BKK:SMD100-R' s Gross Margin % Range Over the Past 10 Years
Min: 29.45   Med: 37.87   Max: 41.91
Current: 34.14


During the past 8 years, the highest Gross Margin % of SMD Rise PCL was 41.91%. The lowest was 29.45%. And the median was 37.87%.

BKK:SMD100-R's Gross Margin % is ranked better than
72.03% of 118 companies
in the Medical Distribution industry
Industry Median: 14.975 vs BKK:SMD100-R: 34.14

SMD Rise PCL had a gross margin of 31.73% for the quarter that ended in Mar. 2026 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for SMD Rise PCL was -2.40% per year.


SMD Rise PCL  (BKK:SMD100-R) 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

SMD Rise PCL had a gross margin of 31.73% 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.


SMD Rise PCL Gross Margin % Related Terms


SMD Rise PCL Gross Margin % Historical Data

* Premium members only.

The historical data trend for SMD Rise 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.

SMD Rise PCL Gross Margin % Chart

SMD Rise PCL Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Gross Margin %
Get a 7-Day Free Trial 38.93 29.45 35.91 37.87 34.53

SMD Rise 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 33.75 37.51 31.06 37.82 31.73

BKK:SMD100-R vs MCK, COR, CAH: Gross Margin % Comparison

For the Medical Distribution subindustry, SMD Rise 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.


SMD Rise PCL Gross Margin % vs Medical Distribution Industry

For the Medical Distribution industry and Healthcare sector, SMD Rise PCL's Gross Margin % distribution charts can be found below:

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


BKK:SMD100-R
59GF Score
SMD Rise PCL BKK:SMD100-R
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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SMD Rise PCL Gross Margin % Calculation

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

SMD Rise 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 )
=314.3 / 910.178
=(Revenue - Cost of Goods Sold) / Revenue
=(910.178 - 595.914) / 910.178
=34.53 %

SMD Rise 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 )
=54.8 / 172.712
=(Revenue - Cost of Goods Sold) / Revenue
=(172.712 - 117.905) / 172.712
=31.73 %

* 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 31.73% mean?
SMD Rise PCL (BKK:SMD100-R) has a Gross Margin % of 31.73% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on SMD Rise PCL and its competitors. This is 16% below median its historical median of 37.87. Over the past decade, SMD Rise PCL's Gross Margin % has ranged from 29.45 to 41.91. According to the industry distribution chart, SMD Rise PCL ranks #33 out of 118 companies in the Medical Distribution industry, placing it in the top 28%.
Is SMD Rise PCL's Gross Margin % too high?
SMD Rise PCL's current Gross Margin % of 31.73% is 16% below median its 10-year median of 37.87. Over the past 10 years, this metric has ranged from a low of 29.45 to a high of 41.91. The Medical Distribution industry median Gross Margin % is 14.98. SMD Rise PCL's value of 31.73% is 111.9% above this industry median. Based on the distribution chart, SMD Rise PCL ranks #33 out of 118 companies in the Medical Distribution industry, which is above the industry midpoint. Overall, SMD Rise PCL has a GF Score™ of 59/100, reflecting its overall financial health beyond just this single metric.
How does SMD Rise PCL's Gross Margin % compare to MCK and COR?
According to the Medical Distribution industry distribution chart, SMD Rise PCL ranks #33 out of 118 companies for Gross Margin %. This puts SMD Rise PCL in the upper half of its industry. The industry median Gross Margin % is 14.98. SMD Rise PCL's value of 31.73% is 111.9% above this benchmark. Historically, SMD Rise PCL's own Gross Margin % has ranged from 29.45 to 41.91 over the past decade. While the company's 10-year median is 37.87 vs. the industry median of 14.98, SMD Rise 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 Medical Distribution company?
The median Gross Margin % among Medical Distribution companies is 14.98, based on 118 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. SMD Rise PCL's current Gross Margin % of 31.73% is 111.9% 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 SMD Rise PCL and its competitors. For the Medical Distribution industry, the median Gross Margin % is 14.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SMD Rise PCL's current Gross Margin % is 31.73%, which is 16% below median its own 10-year median of 37.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SMD Rise PCL stock overvalued right now?
SMD Rise PCL (BKK:SMD100-R) has a current Gross Margin % of 31.73%. The stock's GF Value™ is ฿23.66, compared to a current price of ฿5.85 — trading 75.3% below its estimated fair value. The current Gross Margin % is 31.73%, which is 16% below median its 10-year median of 37.87 and 111.9% above the Medical Distribution industry median of 14.98. SMD Rise PCL's overall GF Score™ is 59/100 with 6 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 SMD Rise PCL (BKK:SMD100-R), the current Gross Margin % is 31.73% 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 SMD Rise PCL (BKK:SMD100-R) Overvalued in 2026?

Based on GuruFocus' analysis, SMD Rise PCL stock appears to be undervalued. The current stock price of ฿5.85 is trading 75.3% below its estimated GF Value™ of ฿23.66.

Key valuation signals for BKK:SMD100-R:

  • Gross Margin %: 31.73% (16% below median its 10-year median of 37.87)
  • GF Value™: ฿23.66 vs. price of ฿5.85 (75.3% below fair value)
  • GF Score™: 59/100 with 6 warning signs
  • Industry Position: 111.9% above the Medical Distribution median (#33 of 118)

No single metric tells the full story. See the BKK:SMD100-R stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


SMD Rise PCL Business Description

Other Exchanges SMD100:Thailand
Address 222,222/1-2 Moo 1, Rattanathibet Road, West Inn Complex Building, 10th Floor, Bang Rak Yai Subdistrict, Bang Bua Thong District, Nonthaburi Province, Bangkok, THA, 11110
SMD Rise PCL, formerly Saintmed PCL is engaged in the import and distribution of medical devices and equipment, rental services for medical equipment, and providing services related to medical equipment. It operates in Thailand. The Group is engaged in three operating segments: Sale of medical devices and equipment, medical supplies, Services of medical equipment at sleep lab centers and repair services, and Revenue from rental of medical equipment at wellness centers and other services. The Group is managed and operates principally in Thailand.
59GF Score

Get the complete analysis for BKK:SMD100-R

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

฿5.85
Price
฿23.66
GF Value