Saha Pathanapibul PCLBKK:SPC -0.45%81 Gross Margin % is 17.92% as of Mar. 2026, which is 7% above its 10-year median of 16.67. GuruFocus rates BKK:SPC with a GF Score™ of 81/100 and a GF Value™ of ฿60.52 (Fairly Valued). The stock has 3 warning signs investors should review. Among 303 Retail - Defensive companies, Saha Pathanapibul PCL ranks worse than 69.64% on this metric.
BKK:SPC's Gross Margin % is ranked worse than 69.64% of 303
companies
in the Retail - Defensive industry
Industry Median: 24.08
vs BKK:SPC: 17.49
Saha Pathanapibul PCL had a gross margin of 17.92% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage
The 5-Year average Growth Rate of Gross Margin for Saha Pathanapibul PCL was 2.30% per year.
Saha Pathanapibul PCL (BKK:SPC) 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
Saha Pathanapibul PCL had a gross margin of 17.92% 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.
Saha Pathanapibul PCL Gross Margin % Related Terms
Saha Pathanapibul PCL Gross Margin % Historical Data
* Premium members only.
The historical data trend for Saha Pathanapibul 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.
BKK:SPC vs SYY, USFD, PFGC: Gross Margin % Comparison
For the Food Distribution subindustry, Saha Pathanapibul 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.
Saha Pathanapibul PCL Gross Margin % vs Retail - Defensive Industry
For the Retail - Defensive industry and Consumer Defensive sector, Saha Pathanapibul PCL's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Saha Pathanapibul 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.
Saha Pathanapibul PCL (BKK:SPC) has a Gross Margin % of 17.92% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Saha Pathanapibul PCL and its competitors. This is near median its historical median of 16.67. Over the past decade, Saha Pathanapibul PCL's Gross Margin % has ranged from 15.03 to 17.68. According to the industry distribution chart, Saha Pathanapibul PCL ranks #211 out of 303 companies in the Retail - Defensive industry, placing it in the top 69.6%.
Is Saha Pathanapibul PCL's Gross Margin % too high?
Saha Pathanapibul PCL's current Gross Margin % of 17.92% is near median its 10-year median of 16.67. Over the past 10 years, this metric has ranged from a low of 15.03 to a high of 17.68. The Retail - Defensive industry median Gross Margin % is 24.08. Saha Pathanapibul PCL's value of 17.92% is 25.6% below this industry median. Based on the distribution chart, Saha Pathanapibul PCL ranks #211 out of 303 companies in the Retail - Defensive industry, which is below the industry midpoint. Overall, Saha Pathanapibul PCL has a GF Score™ of 81/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Saha Pathanapibul PCL's Gross Margin % compare to SYY and USFD?
According to the Retail - Defensive industry distribution chart, Saha Pathanapibul PCL ranks #211 out of 303 companies for Gross Margin %. This places Saha Pathanapibul PCL in the lower half of its industry. The industry median Gross Margin % is 24.08. Saha Pathanapibul PCL's value of 17.92% is 25.6% below this benchmark. Historically, Saha Pathanapibul PCL's own Gross Margin % has ranged from 15.03 to 17.68 over the past decade. While the company's 10-year median is 16.67 vs. the industry median of 24.08, Saha Pathanapibul 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 Retail - Defensive company?
The median Gross Margin % among Retail - Defensive companies is 24.08, based on 303 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. Saha Pathanapibul PCL's current Gross Margin % of 17.92% is 25.6% 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 Saha Pathanapibul PCL and its competitors. For the Retail - Defensive industry, the median Gross Margin % is 24.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Saha Pathanapibul PCL's current Gross Margin % is 17.92%, which is near median its own 10-year median of 16.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Saha Pathanapibul PCL stock overvalued right now?
Based on GuruFocus' analysis, Saha Pathanapibul PCL (BKK:SPC) is currently considered Fairly Valued. The stock's GF Value™ is ฿60.52, compared to a current price of ฿55.25 — trading 8.7% below its estimated fair value. The current Gross Margin % is 17.92%, which is near median its 10-year median of 16.67 and 25.6% below the Retail - Defensive industry median of 24.08. Saha Pathanapibul PCL's overall GF Score™ is 81/100 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 Saha Pathanapibul PCL (BKK:SPC), the current Gross Margin % is 17.92% 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 Saha Pathanapibul PCL (BKK:SPC) Overvalued in 2026?
Based on GuruFocus' analysis, Saha Pathanapibul PCL stock appears to be undervalued.
The current stock price of ฿55.25 is trading 8.7% below its estimated GF Value™ of ฿60.52.
GuruFocus considers Saha Pathanapibul PCL to be Fairly Valued.
Key valuation signals for BKK:SPC:
Gross Margin %: 17.92% (near median its 10-year median of 16.67)
GF Value™: ฿60.52 vs. price of ฿55.25 (8.7% below fair value)
Industry Position: 25.6% below the Retail - Defensive median (#211 of 303)
No single metric tells the full story. See the BKK:SPC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Saha Pathanapibul PCL is a Thailand-based company, engaged in the business of consumer goods distribution and property development. In addition, the company along with its subsidiaries is also involved in the business of investing in real estate and services, and office building for rent. The company operates in two reportable segments as follows: Sales of consumer products; and Office building for rent. It generates the majority of the revenue from the sales of consumer products segment. It distributes products range which includes food, beverages, household, and personal care products. The group operates its business activities in Thailand and internationally.
81GF Score
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