Siam Wellness Group PCLBKK:SPA 83 Gross Margin % is 27.29% as of Mar. 2026, which is 12% below its 10-year median of 31.02. GuruFocus rates BKK:SPA with a GF Score™ of 83/100 and a GF Value™ of ฿7.52 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 94 Personal Services companies, Siam Wellness Group PCL ranks worse than 68.09% on this metric.
BKK:SPA's Gross Margin % is ranked worse than 68.09% of 94
companies
in the Personal Services industry
Industry Median: 41.795
vs BKK:SPA: 26.22
Siam Wellness Group PCL had a gross margin of 27.29% for the quarter that ended in Mar. 2026 => Competition eroding margins
The 5-Year average Growth Rate of Gross Margin for Siam Wellness Group PCL was 0.00% per year.
Siam Wellness Group PCL (BKK:SPA) 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 Wellness Group PCL had a gross margin of 27.29% 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.
Siam Wellness Group PCL Gross Margin % Related Terms
Siam Wellness Group 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:SPA vs ROL, SCI, FTDR: Gross Margin % Comparison
For the Personal Services subindustry, Siam Wellness 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.
Siam Wellness Group PCL Gross Margin % vs Personal Services Industry
For the Personal Services industry and Consumer Cyclical sector, Siam Wellness Group PCL's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Siam Wellness Group 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 Wellness Group PCL (BKK:SPA) has a Gross Margin % of 27.29% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Siam Wellness Group PCL and its competitors. This is 12% below median its historical median of 31.02. According to the industry distribution chart, Siam Wellness Group PCL ranks #64 out of 94 companies in the Personal Services industry, placing it in the top 68.1%.
Is Siam Wellness Group PCL's Gross Margin % too high?
Siam Wellness Group PCL's current Gross Margin % of 27.29% is 12% below median its 10-year median of 31.02. The Personal Services industry median Gross Margin % is 41.80. Siam Wellness Group PCL's value of 27.29% is 34.7% below this industry median. Based on the distribution chart, Siam Wellness Group PCL ranks #64 out of 94 companies in the Personal Services industry, which is below the industry midpoint. Overall, Siam Wellness Group PCL has a GF Score™ of 83/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Siam Wellness Group PCL's Gross Margin % compare to ROL and SCI?
According to the Personal Services industry distribution chart, Siam Wellness Group PCL ranks #64 out of 94 companies for Gross Margin %. This places Siam Wellness Group PCL in the lower half of its industry. The industry median Gross Margin % is 41.80. Siam Wellness Group PCL's value of 27.29% is 34.7% below this benchmark. While the company's 10-year median is 31.02 vs. the industry median of 41.80, Siam Wellness 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 a Personal Services company?
The median Gross Margin % among Personal Services companies is 41.80, based on 94 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 Wellness Group PCL's current Gross Margin % of 27.29% is 34.7% 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 Wellness Group PCL and its competitors. For the Personal Services industry, the median Gross Margin % is 41.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Siam Wellness Group PCL's current Gross Margin % is 27.29%, which is 12% below median its own 10-year median of 31.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Siam Wellness Group PCL stock overvalued right now?
Based on GuruFocus' analysis, Siam Wellness Group PCL (BKK:SPA) is currently considered Significantly Undervalued. The stock's GF Value™ is ฿7.52, compared to a current price of ฿3.32 — trading 55.9% below its estimated fair value. The current Gross Margin % is 27.29%, which is 12% below median its 10-year median of 31.02 and 34.7% below the Personal Services industry median of 41.80. Siam Wellness Group PCL's overall GF Score™ is 83/100 with 2 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 Wellness Group PCL (BKK:SPA), the current Gross Margin % is 27.29% 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 Wellness Group PCL (BKK:SPA) Overvalued in 2026?
Based on GuruFocus' analysis, Siam Wellness Group PCL stock appears to be undervalued.
The current stock price of ฿3.32 is trading 55.9% below its estimated GF Value™ of ฿7.52.
GuruFocus considers Siam Wellness Group PCL to be Significantly Undervalued.
Key valuation signals for BKK:SPA:
Gross Margin %: 27.29% (12% below median its 10-year median of 31.02)
GF Value™: ฿7.52 vs. price of ฿3.32 (55.9% below fair value)
Industry Position: 34.7% below the Personal Services median (#64 of 94)
No single metric tells the full story. See the BKK:SPA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Siam Wellness Group PCL is a Thailand-based company and is principally engaged in the spa business. The business is organized into three segments: Spa services, which operates day spa and destination spa. Also, provides spa management and spa consultancy services; Sales of spa products and healthy products, which distributes natural spa products both and spa equipment for domestic and international markets. and Hotel and restaurant which operates boutique resorts and restaurants. Key revenue is earned from providing spa services. The Group operates in Thailand.
83GF Score
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