Tropical Canning (Thailand) PCLBKK:TC +3.25%80 Gross Margin % is 10.22% as of Mar. 2026, which is 36% above its 10-year median of 7.52. GuruFocus rates BKK:TC with a GF Score™ of 80/100 and a GF Value™ of ฿6.45 (Fairly Valued). The stock has 6 warning signs investors should review. Among 1,900 Consumer Packaged Goods companies, Tropical Canning (Thailand) PCL ranks worse than 89.21% on this metric.
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
Tropical Canning (Thailand) PCL had a gross margin of 10.22% 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.
Tropical Canning (Thailand) PCL Gross Margin % Related Terms
Tropical Canning (Thailand) 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.
For the Packaged Foods subindustry, Tropical Canning (Thailand) 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.
Tropical Canning (Thailand) PCL Gross Margin % vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Tropical Canning (Thailand) PCL's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Tropical Canning (Thailand) 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.
Tropical Canning (Thailand) PCL (BKK:TC) has a Gross Margin % of 10.22% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Tropical Canning (Thailand) PCL and its competitors. This is 36% above median its historical median of 7.52. Over the past decade, Tropical Canning (Thailand) PCL's Gross Margin % has ranged from 1.79 to 11.83. According to the industry distribution chart, Tropical Canning (Thailand) PCL ranks #1695 out of 1900 companies in the Consumer Packaged Goods industry, placing it in the top 89.2%.
Is Tropical Canning (Thailand) PCL's Gross Margin % too high?
Tropical Canning (Thailand) PCL's current Gross Margin % of 10.22% is 36% above median its 10-year median of 7.52. Over the past 10 years, this metric has ranged from a low of 1.79 to a high of 11.83. The Consumer Packaged Goods industry median Gross Margin % is 26.37. Tropical Canning (Thailand) PCL's value of 10.22% is 61.2% below this industry median. Based on the distribution chart, Tropical Canning (Thailand) PCL ranks #1695 out of 1900 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers. Overall, Tropical Canning (Thailand) PCL has a GF Score™ of 80/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Tropical Canning (Thailand) PCL's Gross Margin % compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Tropical Canning (Thailand) PCL ranks #1695 out of 1900 companies for Gross Margin %. This places Tropical Canning (Thailand) PCL in the lower half of its industry. The industry median Gross Margin % is 26.37. Tropical Canning (Thailand) PCL's value of 10.22% is 61.2% below this benchmark. Historically, Tropical Canning (Thailand) PCL's own Gross Margin % has ranged from 1.79 to 11.83 over the past decade. While the company's 10-year median is 7.52 vs. the industry median of 26.37, Tropical Canning (Thailand) 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 Consumer Packaged Goods company?
The median Gross Margin % among Consumer Packaged Goods companies is 26.37, based on 1,900 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. Tropical Canning (Thailand) PCL's current Gross Margin % of 10.22% is 61.2% 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 Tropical Canning (Thailand) PCL and its competitors. For the Consumer Packaged Goods industry, the median Gross Margin % is 26.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tropical Canning (Thailand) PCL's current Gross Margin % is 10.22%, which is 36% above median its own 10-year median of 7.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tropical Canning (Thailand) PCL stock overvalued right now?
Based on GuruFocus' analysis, Tropical Canning (Thailand) PCL (BKK:TC) is currently considered Fairly Valued. The stock's GF Value™ is ฿6.45, compared to a current price of ฿6.35 — trading 1.6% below its estimated fair value. The current Gross Margin % is 10.22%, which is 36% above median its 10-year median of 7.52 and 61.2% below the Consumer Packaged Goods industry median of 26.37. Tropical Canning (Thailand) PCL's overall GF Score™ is 80/100 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 Tropical Canning (Thailand) PCL (BKK:TC), the current Gross Margin % is 10.22% 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 Tropical Canning (Thailand) PCL (BKK:TC) Overvalued in 2026?
Based on GuruFocus' analysis, Tropical Canning (Thailand) PCL stock appears to be undervalued.
The current stock price of ฿6.35 is trading 1.6% below its estimated GF Value™ of ฿6.45.
GuruFocus considers Tropical Canning (Thailand) PCL to be Fairly Valued.
Key valuation signals for BKK:TC:
Gross Margin %: 10.22% (36% above median its 10-year median of 7.52)
GF Value™: ฿6.45 vs. price of ฿6.35 (1.6% below fair value)
Industry Position: 61.2% below the Consumer Packaged Goods median (#1695 of 1900)
No single metric tells the full story. See the BKK:TC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tropical Canning (Thailand) PCL Business Description
Tropical Canning (Thailand) PCL is engaged in the manufacturing and trading of canned and pouched seafood products. Its products are grouped as Domestic product groups, Tuna product group, Ready-to-eat processed product group, and Pet food group. Geographically, it operates in the Asia continent, excluding Thailand, the America continent, the European continent, the Australia continent, the Africa continent, and Thailand. The Asia continent, excluding Thailand segment, derives the majority of the revenue.
80GF Score
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