STP&I PCLBKK:STPI-R 60 Gross Margin % is 6.51% as of Mar. 2026, which is 53% below its 10-year median of 13.86. GuruFocus rates BKK:STPI-R with a GF Score™ of 60/100. The stock has 4 warning signs investors should review. Among 3,003 Industrial Products companies, STP&I PCL ranks worse than 70.96% on this metric.
Gross Margin % is calculated as gross profit divided by its revenue. STP&I PCL's Gross Profit for the
three
months ended in Mar. 2026 was ฿40.20 Mil. STP&I PCL's Revenue for the
three
months ended in Mar. 2026 was ฿617.37 Mil. Therefore, STP&I PCL's Gross Margin % for the quarter that ended in Mar. 2026 was 6.51%.
The historical rank and industry rank for STP&I PCL's Gross Margin % or its related term are showing as below:
BKK:STPI-R'
s Gross Margin % Range Over the Past 10 Years
Min: -80.16 Med: 13.86 Max: 25.47
Current: 18.9
During the past 13 years, the highestGross Margin % of STP&I PCL was 25.47%. The lowest was -80.16%. And the median was 13.86%.
BKK:STPI-R's Gross Margin % is ranked worse than 70.96% of 3003
companies
in the Industrial Products industry
Industry Median: 26.79
vs BKK:STPI-R: 18.90
STP&I PCL had a gross margin of 6.51% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage
The 5-Year average Growth Rate of Gross Margin for STP&I PCL was 0.00% per year.
STP&I PCL (BKK:STPI-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
STP&I PCL had a gross margin of 6.51% 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.
STP&I PCL Gross Margin % Related Terms
STP&I PCL Gross Margin % Historical Data
* Premium members only.
The historical data trend for STP&I 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:STPI-R vs ATI, CRS, MLI: Gross Margin % Comparison
For the Metal Fabrication subindustry, STP&I 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.
STP&I PCL Gross Margin % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, STP&I PCL's Gross Margin % distribution charts can be found below:
* The bar in red indicates where STP&I 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.
STP&I PCL (BKK:STPI-R) has a Gross Margin % of 6.51% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on STP&I PCL and its competitors. This is 53% below median its historical median of 13.86. According to the industry distribution chart, STP&I PCL ranks #2131 out of 3003 companies in the Industrial Products industry, placing it in the top 71%.
Is STP&I PCL's Gross Margin % too high?
STP&I PCL's current Gross Margin % of 6.51% is 53% below median its 10-year median of 13.86. The Industrial Products industry median Gross Margin % is 26.79. STP&I PCL's value of 6.51% is 75.7% below this industry median. Based on the distribution chart, STP&I PCL ranks #2131 out of 3003 companies in the Industrial Products industry, which is below the industry midpoint. Overall, STP&I PCL has a GF Score™ of 60/100, reflecting its overall financial health beyond just this single metric.
How does STP&I PCL's Gross Margin % compare to ATI and CRS?
According to the Industrial Products industry distribution chart, STP&I PCL ranks #2131 out of 3003 companies for Gross Margin %. This places STP&I PCL in the lower half of its industry. The industry median Gross Margin % is 26.79. STP&I PCL's value of 6.51% is 75.7% below this benchmark. While the company's 10-year median is 13.86 vs. the industry median of 26.79, STP&I 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 Industrial Products company?
The median Gross Margin % among Industrial Products companies is 26.79, based on 3,003 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. STP&I PCL's current Gross Margin % of 6.51% is 75.7% 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 STP&I PCL and its competitors. For the Industrial Products industry, the median Gross Margin % is 26.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. STP&I PCL's current Gross Margin % is 6.51%, which is 53% below median its own 10-year median of 13.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is STP&I PCL stock overvalued right now?
STP&I PCL (BKK:STPI-R) has a current Gross Margin % of 6.51%. The current Gross Margin % is 6.51%, which is 53% below median its 10-year median of 13.86 and 75.7% below the Industrial Products industry median of 26.79. STP&I PCL's overall GF Score™ is 60/100 with 4 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 STP&I PCL (BKK:STPI-R), the current Gross Margin % is 6.51% 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.
STP&I PCL is engaged in steel fabrication work, and the manufacture of boilers and pressure vessels. Its products include Steel structure, Piping, Module providing services to engineering, fabrication and construction sectors. The company operates in five reportable segments namely, The fabrication work for construction and industrial purpose, Sale of electricity and servicing of electricity, Rental of property, and production and Distribution of hemp products. It has a business presence in Thailand, Spain, Japan, England, Sri Lanka and other countries.
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