Thaicom PCLBKK:THCOM -1.85%78 Gross Margin % is 20.91% as of Mar. 2026, which is 49% below its 10-year median of 40.62. GuruFocus rates BKK:THCOM with a GF Score™ of 78/100 and a GF Value™ of ฿11.68 (Fairly Valued). The stock has 7 warning signs investors should review. Among 344 Telecommunication Services companies, Thaicom PCL ranks worse than 69.48% on this metric.
Thaicom PCL gross margin has been in long-term decline. The average rate of decline per year is -3.5%.
The historical rank and industry rank for Thaicom PCL's Gross Margin % or its related term are showing as below:
BKK:THCOM'
s Gross Margin % Range Over the Past 10 Years
Min: 34.96 Med: 40.62 Max: 48.96
Current: 34.96
During the past 13 years, the highestGross Margin % of Thaicom PCL was 48.96%. The lowest was 34.96%. And the median was 40.62%.
BKK:THCOM's Gross Margin % is ranked worse than 69.48% of 344
companies
in the Telecommunication Services industry
Industry Median: 51.415
vs BKK:THCOM: 34.96
Thaicom PCL had a gross margin of 20.91% for the quarter that ended in Mar. 2026 => Competition eroding margins
The 5-Year average Growth Rate of Gross Margin for Thaicom PCL was -3.50% per year.
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
Thaicom PCL had a gross margin of 20.91% 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.
Thaicom PCL Gross Margin % Related Terms
Thaicom PCL Gross Margin % Historical Data
* Premium members only.
The historical data trend for Thaicom 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:THCOM vs TMUS, VZ, T: Gross Margin % Comparison
For the Telecom Services subindustry, Thaicom 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.
Thaicom PCL Gross Margin % vs Telecommunication Services Industry
For the Telecommunication Services industry and Communication Services sector, Thaicom PCL's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Thaicom 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.
Thaicom PCL (BKK:THCOM) has a Gross Margin % of 20.91% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Thaicom PCL and its competitors. This is 49% below median its historical median of 40.62. Over the past decade, Thaicom PCL's Gross Margin % has ranged from 34.96 to 48.96. According to the industry distribution chart, Thaicom PCL ranks #239 out of 344 companies in the Telecommunication Services industry, placing it in the top 69.5%.
Is Thaicom PCL's Gross Margin % too high?
Thaicom PCL's current Gross Margin % of 20.91% is 49% below median its 10-year median of 40.62. Over the past 10 years, this metric has ranged from a low of 34.96 to a high of 48.96. The Telecommunication Services industry median Gross Margin % is 51.42. Thaicom PCL's value of 20.91% is 59.3% below this industry median. Based on the distribution chart, Thaicom PCL ranks #239 out of 344 companies in the Telecommunication Services industry, which is below the industry midpoint. Overall, Thaicom PCL has a GF Score™ of 78/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Thaicom PCL's Gross Margin % compare to TMUS and VZ?
According to the Telecommunication Services industry distribution chart, Thaicom PCL ranks #239 out of 344 companies for Gross Margin %. This places Thaicom PCL in the lower half of its industry. The industry median Gross Margin % is 51.42. Thaicom PCL's value of 20.91% is 59.3% below this benchmark. Historically, Thaicom PCL's own Gross Margin % has ranged from 34.96 to 48.96 over the past decade. While the company's 10-year median is 40.62 vs. the industry median of 51.42, Thaicom 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 Telecommunication Services company?
The median Gross Margin % among Telecommunication Services companies is 51.42, based on 344 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. Thaicom PCL's current Gross Margin % of 20.91% is 59.3% 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 Thaicom PCL and its competitors. For the Telecommunication Services industry, the median Gross Margin % is 51.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thaicom PCL's current Gross Margin % is 20.91%, which is 49% below median its own 10-year median of 40.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thaicom PCL stock overvalued right now?
Based on GuruFocus' analysis, Thaicom PCL (BKK:THCOM) is currently considered Fairly Valued. The stock's GF Value™ is ฿11.68, compared to a current price of ฿10.60 — trading 9.2% below its estimated fair value. The current Gross Margin % is 20.91%, which is 49% below median its 10-year median of 40.62 and 59.3% below the Telecommunication Services industry median of 51.42. Thaicom PCL's overall GF Score™ is 78/100 with 7 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 Thaicom PCL (BKK:THCOM), the current Gross Margin % is 20.91% 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 Thaicom PCL (BKK:THCOM) Overvalued in 2026?
Based on GuruFocus' analysis, Thaicom PCL stock appears to be undervalued.
The current stock price of ฿10.60 is trading 9.2% below its estimated GF Value™ of ฿11.68.
GuruFocus considers Thaicom PCL to be Fairly Valued.
Key valuation signals for BKK:THCOM:
Gross Margin %: 20.91% (49% below median its 10-year median of 40.62)
GF Value™: ฿11.68 vs. price of ฿10.60 (9.2% below fair value)
Industry Position: 59.3% below the Telecommunication Services median (#239 of 344)
No single metric tells the full story. See the BKK:THCOM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Thaicom PCL is engaged in transponder services for domestic & international communications, sale of the user terminal, broadband content services, sale of direct television equipment, internet data center services, internet services, satellite uplink-downlink services, broadcasting television service, telecommunication, printing, publishing of business telephone directories, banner advertising, telephone network services, mobile contents, and engineering & development services on communication technology & electronics. It operates in three segments: Satellite services, Internet services & media, and Telephone networks. The company has operations in Thailand, Singapore, Australia, India and others.
78GF Score
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