Thai President Foods PCL (BKK:TFMAMA) Gross Margin %: 33.46% (As of Mar. 2026) — Near Median


BKK:TFMAMA Thai President Foods PCL BKK:TFMAMA
72 GF Score
Price ฿186.50
GF Value ฿186.70
Valuation Fairly Valued
! 3 Warning Signs
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What is Thai President Foods PCL Gross Margin %?

Thai President Foods PCL BKK:TFMAMA 72 Gross Margin % is 33.46% as of Mar. 2026, which is 1% below its 10-year median of 33.84. GuruFocus rates BKK:TFMAMA with a GF Score™ of 72/100 and a GF Value™ of ฿186.70 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,899 Consumer Packaged Goods companies, Thai President Foods PCL ranks better than 63.14% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Thai President Foods PCL's Gross Profit for the three months ended in Mar. 2026 was ฿2,135 Mil. Thai President Foods PCL's Revenue for the three months ended in Mar. 2026 was ฿6,380 Mil. Therefore, Thai President Foods PCL's Gross Margin % for the quarter that ended in Mar. 2026 was 33.46%.

Warning Sign:

Thai President Foods PCL gross margin has been in long-term decline. The average rate of decline per year is -1.8%.


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

BKK:TFMAMA' s Gross Margin % Range Over the Past 10 Years
Min: 28.72   Med: 33.84   Max: 37.02
Current: 32.38


During the past 13 years, the highest Gross Margin % of Thai President Foods PCL was 37.02%. The lowest was 28.72%. And the median was 33.84%.

BKK:TFMAMA's Gross Margin % is ranked better than
63.14% of 1899 companies
in the Consumer Packaged Goods industry
Industry Median: 26.37 vs BKK:TFMAMA: 32.38

Thai President Foods PCL had a gross margin of 33.46% for the quarter that ended in Mar. 2026 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Thai President Foods PCL was -1.80% per year.


Thai President Foods PCL  (BKK:TFMAMA) 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

Thai President Foods PCL had a gross margin of 33.46% 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.


Thai President Foods PCL Gross Margin % Related Terms


Thai President Foods PCL Gross Margin % Historical Data

* Premium members only.

The historical data trend for Thai President Foods 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.

Thai President Foods PCL Gross Margin % Chart

Thai President Foods PCL Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 34.06 28.72 32.38 33.75 31.93

Thai President Foods 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 31.57 31.73 31.25 33.13 33.46

BKK:TFMAMA vs KHC, GIS: Gross Margin % Comparison

For the Packaged Foods subindustry, Thai President Foods 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.


Thai President Foods PCL Gross Margin % vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Thai President Foods PCL's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Thai President Foods PCL's Gross Margin % falls into.


BKK:TFMAMA
72GF Score
Thai President Foods PCL BKK:TFMAMA
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Thai President Foods PCL Gross Margin % Calculation

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

Thai President Foods 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 )
=8827.8 / 27649.396
=(Revenue - Cost of Goods Sold) / Revenue
=(27649.396 - 18821.548) / 27649.396
=31.93 %

Thai President Foods 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 )
=2134.7 / 6379.689
=(Revenue - Cost of Goods Sold) / Revenue
=(6379.689 - 4245.019) / 6379.689
=33.46 %

* 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 33.46% mean?
Thai President Foods PCL (BKK:TFMAMA) has a Gross Margin % of 33.46% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Thai President Foods PCL and its competitors. This is near median its historical median of 33.84. Over the past decade, Thai President Foods PCL's Gross Margin % has ranged from 28.72 to 37.02. According to the industry distribution chart, Thai President Foods PCL ranks #700 out of 1899 companies in the Consumer Packaged Goods industry, placing it in the top 36.9%.
Is Thai President Foods PCL's Gross Margin % too high?
Thai President Foods PCL's current Gross Margin % of 33.46% is near median its 10-year median of 33.84. Over the past 10 years, this metric has ranged from a low of 28.72 to a high of 37.02. The Consumer Packaged Goods industry median Gross Margin % is 26.37. Thai President Foods PCL's value of 33.46% is 26.9% above this industry median. Based on the distribution chart, Thai President Foods PCL ranks #700 out of 1899 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, Thai President Foods PCL has a GF Score™ of 72/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Thai President Foods PCL's Gross Margin % compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Thai President Foods PCL ranks #700 out of 1899 companies for Gross Margin %. This puts Thai President Foods PCL in the upper half of its industry. The industry median Gross Margin % is 26.37. Thai President Foods PCL's value of 33.46% is 26.9% above this benchmark. Historically, Thai President Foods PCL's own Gross Margin % has ranged from 28.72 to 37.02 over the past decade. While the company's 10-year median is 33.84 vs. the industry median of 26.37, Thai President Foods 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 Consumer Packaged Goods company?
The median Gross Margin % among Consumer Packaged Goods companies is 26.37, based on 1,899 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. Thai President Foods PCL's current Gross Margin % of 33.46% is 26.9% 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 Thai President Foods 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. Thai President Foods PCL's current Gross Margin % is 33.46%, which is near median its own 10-year median of 33.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thai President Foods PCL stock overvalued right now?
Based on GuruFocus' analysis, Thai President Foods PCL (BKK:TFMAMA) is currently considered Fairly Valued. The stock's GF Value™ is ฿186.70, compared to a current price of ฿186.50 — trading 0.1% below its estimated fair value. The current Gross Margin % is 33.46%, which is near median its 10-year median of 33.84 and 26.9% above the Consumer Packaged Goods industry median of 26.37. Thai President Foods PCL's overall GF Score™ is 72/100 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 Thai President Foods PCL (BKK:TFMAMA), the current Gross Margin % is 33.46% 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 Thai President Foods PCL (BKK:TFMAMA) Overvalued in 2026?

Based on GuruFocus' analysis, Thai President Foods PCL stock appears to be undervalued. The current stock price of ฿186.50 is trading 0.1% below its estimated GF Value™ of ฿186.70. GuruFocus considers Thai President Foods PCL to be Fairly Valued.

Key valuation signals for BKK:TFMAMA:

  • Gross Margin %: 33.46% (near median its 10-year median of 33.84)
  • GF Value™: ฿186.70 vs. price of ฿186.50 (0.1% below fair value)
  • GF Score™: 72/100 with 3 warning signs
  • Industry Position: 26.9% above the Consumer Packaged Goods median (#700 of 1899)

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


Thai President Foods PCL Business Description

Address No. 304, Srinakarin Road, TF Group Building, Huamark Sub-district, Bangkapi District, Bangkok, THA, 10240
Thai President Foods PCL is a Thailand-based manufacturer and distributor of instant noodles, semi-instant foods, and biscuit products. Some of its brands include Mama, Ruski, Bissin, Thai Chef, and Bamee. It operates in six segments: Instant noodles and semi-instant foods, Biscuits, Bakery, Packaging, Fruit Juice, and Others, of which a majority of the revenue is derived from the Instant noodles segment. Geographically, the company generates the majority of its revenue from the domestic market.
72GF Score

Get the complete analysis for BKK:TFMAMA

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

฿186.50
Price
฿186.70
GF Value