Thantawan Industry PCLBKK:THIP-R 72 Gross Margin % is 15.99% as of Mar. 2026, which is 20% below its 10-year median of 19.95. GuruFocus rates BKK:THIP-R with a GF Score™ of 72/100 and a GF Value™ of ฿36.74. The stock has 6 warning signs investors should review. Among 383 Packaging & Containers companies, Thantawan Industry PCL ranks worse than 65.54% on this metric.
BKK:THIP-R's Gross Margin % is ranked worse than 65.54% of 383
companies
in the Packaging & Containers industry
Industry Median: 21.27
vs BKK:THIP-R: 17.31
Thantawan Industry PCL had a gross margin of 15.99% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage
The 5-Year average Growth Rate of Gross Margin for Thantawan Industry PCL was -3.80% per year.
Thantawan Industry PCL (BKK:THIP-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
Thantawan Industry PCL had a gross margin of 15.99% 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.
Thantawan Industry PCL Gross Margin % Related Terms
Thantawan Industry PCL Gross Margin % Historical Data
* Premium members only.
The historical data trend for Thantawan Industry 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:THIP-R vs SW, PKG, AMCR: Gross Margin % Comparison
For the Packaging & Containers subindustry, Thantawan Industry 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.
Thantawan Industry PCL Gross Margin % vs Packaging & Containers Industry
For the Packaging & Containers industry and Consumer Cyclical sector, Thantawan Industry PCL's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Thantawan Industry 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.
Thantawan Industry PCL (BKK:THIP-R) has a Gross Margin % of 15.99% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Thantawan Industry PCL and its competitors. This is 20% below median its historical median of 19.95. Over the past decade, Thantawan Industry PCL's Gross Margin % has ranged from 17.31 to 24.05. According to the industry distribution chart, Thantawan Industry PCL ranks #251 out of 383 companies in the Packaging & Containers industry, placing it in the top 65.5%.
Is Thantawan Industry PCL's Gross Margin % too high?
Thantawan Industry PCL's current Gross Margin % of 15.99% is 20% below median its 10-year median of 19.95. Over the past 10 years, this metric has ranged from a low of 17.31 to a high of 24.05. The Packaging & Containers industry median Gross Margin % is 21.27. Thantawan Industry PCL's value of 15.99% is 24.8% below this industry median. Based on the distribution chart, Thantawan Industry PCL ranks #251 out of 383 companies in the Packaging & Containers industry, which is below the industry midpoint. Overall, Thantawan Industry PCL has a GF Score™ of 72/100, reflecting its overall financial health beyond just this single metric.
How does Thantawan Industry PCL's Gross Margin % compare to SW and PKG?
According to the Packaging & Containers industry distribution chart, Thantawan Industry PCL ranks #251 out of 383 companies for Gross Margin %. This places Thantawan Industry PCL in the lower half of its industry. The industry median Gross Margin % is 21.27. Thantawan Industry PCL's value of 15.99% is 24.8% below this benchmark. Historically, Thantawan Industry PCL's own Gross Margin % has ranged from 17.31 to 24.05 over the past decade. While the company's 10-year median is 19.95 vs. the industry median of 21.27, Thantawan Industry 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 Packaging & Containers company?
The median Gross Margin % among Packaging & Containers companies is 21.27, based on 383 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. Thantawan Industry PCL's current Gross Margin % of 15.99% is 24.8% 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 Thantawan Industry PCL and its competitors. For the Packaging & Containers industry, the median Gross Margin % is 21.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thantawan Industry PCL's current Gross Margin % is 15.99%, which is 20% below median its own 10-year median of 19.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thantawan Industry PCL stock overvalued right now?
Thantawan Industry PCL (BKK:THIP-R) has a current Gross Margin % of 15.99%. The stock's GF Value™ is ฿36.74, compared to a current price of ฿23.00 — trading 37.4% below its estimated fair value. The current Gross Margin % is 15.99%, which is 20% below median its 10-year median of 19.95 and 24.8% below the Packaging & Containers industry median of 21.27. Thantawan Industry PCL's overall GF Score™ is 72/100 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 Thantawan Industry PCL (BKK:THIP-R), the current Gross Margin % is 15.99% 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 Thantawan Industry PCL (BKK:THIP-R) Overvalued in 2026?
Based on GuruFocus' analysis, Thantawan Industry PCL stock appears to be undervalued.
The current stock price of ฿23.00 is trading 37.4% below its estimated GF Value™ of ฿36.74.
Key valuation signals for BKK:THIP-R:
Gross Margin %: 15.99% (20% below median its 10-year median of 19.95)
GF Value™: ฿36.74 vs. price of ฿23.00 (37.4% below fair value)
Industry Position: 24.8% below the Packaging & Containers median (#251 of 383)
No single metric tells the full story. See the BKK:THIP-R stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Thantawan Industry PCL is a Thailand-based company that engages in the manufacturing and selling of plastic products, such as general plastic bags, thin bags, and drinking straws. The Group manufactures and sells plastic products, which are divided into two main products: plastic bags and straw products. Other products are Zipper tape and resin scrap, etc. Key revenue is generated from Plastic bag. The geographical area of its operation is Thailand and Vietnam.
72GF Score
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