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Thai Group Holdings PCLBKK:TGH +1.90%60 Gross Margin % is 18.89% as of Jun. 2026, which is 70% above its 10-year median of 11.12. GuruFocus rates BKK:TGH with a GF Score™ of 60/100 and a GF Value™ of ฿12.55 (Modestly Undervalued). The stock has 8 warning signs investors should review. Among 57 Insurance companies, Thai Group Holdings PCL ranks worse than 89.47% on this metric.
Thai Group Holdings PCL (BKK:TGH) 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 Group Holdings PCL had a gross margin of 18.89% for the quarter that ended in Jun. 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.
Thai Group Holdings PCL Gross Margin % Related Terms
Thai Group Holdings 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:TGH vs BRK.A, AIG, HIG: Gross Margin % Comparison
For the Insurance - Diversified subindustry, Thai Group Holdings 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 Group Holdings PCL Gross Margin % vs Insurance Industry
For the Insurance industry and Financial Services sector, Thai Group Holdings PCL's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Thai Group Holdings 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.
Thai Group Holdings PCL (BKK:TGH) has a Gross Margin % of 18.89% as of Jun. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Thai Group Holdings PCL and its competitors. This is 70% above median its historical median of 11.12. According to the industry distribution chart, Thai Group Holdings PCL ranks #51 out of 57 companies in the Insurance industry, placing it in the top 89.5%.
Is Thai Group Holdings PCL's Gross Margin % too high?
Thai Group Holdings PCL's current Gross Margin % of 18.89% is 70% above median its 10-year median of 11.12. The Insurance industry median Gross Margin % is 42.38. Thai Group Holdings PCL's value of 18.89% is 55.4% below this industry median. Based on the distribution chart, Thai Group Holdings PCL ranks #51 out of 57 companies in the Insurance industry, which is in the bottom quartile relative to peers. Overall, Thai Group Holdings PCL has a GF Score™ of 60/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Thai Group Holdings PCL's Gross Margin % compare to BRK.A and AIG?
According to the Insurance industry distribution chart, Thai Group Holdings PCL ranks #51 out of 57 companies for Gross Margin %. This places Thai Group Holdings PCL in the lower half of its industry. The industry median Gross Margin % is 42.38. Thai Group Holdings PCL's value of 18.89% is 55.4% below this benchmark. While the company's 10-year median is 11.12 vs. the industry median of 42.38, Thai Group Holdings 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 Insurance company?
The median Gross Margin % among Insurance companies is 42.38, based on 57 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 Group Holdings PCL's current Gross Margin % of 18.89% is 55.4% 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 Thai Group Holdings PCL and its competitors. For the Insurance industry, the median Gross Margin % is 42.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thai Group Holdings PCL's current Gross Margin % is 18.89%, which is 70% above median its own 10-year median of 11.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thai Group Holdings PCL stock overvalued right now?
Based on GuruFocus' analysis, Thai Group Holdings PCL (BKK:TGH) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿12.55, compared to a current price of ฿10.70 — trading 14.7% below its estimated fair value. The current Gross Margin % is 18.89%, which is 70% above median its 10-year median of 11.12 and 55.4% below the Insurance industry median of 42.38. Thai Group Holdings PCL's overall GF Score™ is 60/100 with 8 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 Group Holdings PCL (BKK:TGH), the current Gross Margin % is 18.89% as of Jun. 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 Group Holdings PCL (BKK:TGH) Overvalued in 2026?
Based on GuruFocus' analysis, Thai Group Holdings PCL stock appears to be undervalued.
The current stock price of ฿10.70 is trading 14.7% below its estimated GF Value™ of ฿12.55.
GuruFocus considers Thai Group Holdings PCL to be Modestly Undervalued.
Key valuation signals for BKK:TGH:
Gross Margin %: 18.89% (70% above median its 10-year median of 11.12)
GF Value™: ฿12.55 vs. price of ฿10.70 (14.7% below fair value)
Industry Position: 55.4% below the Insurance median (#51 of 57)
No single metric tells the full story. See the BKK:TGH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Thai Group Holdings PCL is a Thailand-based holding company. The principal activities of the group are underwriting life assurance, underwriting non-life insurance, leasing, hire purchase services, lending, and sales of second-hand cars. It operates in four segments: Life Insurance business, Non - Life insurance business, Financial service business, and Other businesses. The vast majority of the revenues are generated from the Life insurance business segment. The company is managed and operates principally in Thailand.
60GF Score
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