Thai Mui PCLBKK:THMUI 53 Gross Margin % is 40.22% as of Mar. 2026, which is 5% above its 10-year median of 38.18. GuruFocus rates BKK:THMUI with a GF Score™ of 53/100 and a GF Value™ of ฿0.63 (Possible Value Trap). The stock has 2 warning signs investors should review. Among 154 Industrial Distribution companies, Thai Mui PCL ranks better than 87.01% on this metric.
The historical rank and industry rank for Thai Mui PCL's Gross Margin % or its related term are showing as below:
BKK:THMUI'
s Gross Margin % Range Over the Past 10 Years
Min: 29.51 Med: 38.18 Max: 40.3
Current: 39.84
During the past 12 years, the highestGross Margin % of Thai Mui PCL was 40.30%. The lowest was 29.51%. And the median was 38.18%.
BKK:THMUI's Gross Margin % is ranked better than 87.01% of 154
companies
in the Industrial Distribution industry
Industry Median: 24.295
vs BKK:THMUI: 39.84
Thai Mui PCL had a gross margin of 40.22% for the quarter that ended in Mar. 2026 => Durable competitive advantage
The 5-Year average Growth Rate of Gross Margin for Thai Mui PCL was 1.60% per year.
Thai Mui PCL (BKK:THMUI) 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 Mui PCL had a gross margin of 40.22% for the quarter that ended in Mar. 2026 => Durable 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 Mui PCL Gross Margin % Related Terms
Thai Mui PCL Gross Margin % Historical Data
* Premium members only.
The historical data trend for Thai Mui 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:THMUI vs GWW, FAST, FERG: Gross Margin % Comparison
For the Industrial Distribution subindustry, Thai Mui 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 Mui PCL Gross Margin % vs Industrial Distribution Industry
For the Industrial Distribution industry and Industrials sector, Thai Mui PCL's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Thai Mui 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 Mui PCL (BKK:THMUI) has a Gross Margin % of 40.22% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Thai Mui PCL and its competitors. This is near median its historical median of 38.18. Over the past decade, Thai Mui PCL's Gross Margin % has ranged from 29.51 to 40.30. According to the industry distribution chart, Thai Mui PCL ranks #20 out of 154 companies in the Industrial Distribution industry, placing it in the top 13%.
Is Thai Mui PCL's Gross Margin % too high?
Thai Mui PCL's current Gross Margin % of 40.22% is near median its 10-year median of 38.18. Over the past 10 years, this metric has ranged from a low of 29.51 to a high of 40.30. The Industrial Distribution industry median Gross Margin % is 24.30. Thai Mui PCL's value of 40.22% is 65.5% above this industry median. Based on the distribution chart, Thai Mui PCL ranks #20 out of 154 companies in the Industrial Distribution industry, which is in the top quartile — a strong position relative to peers. Overall, Thai Mui PCL has a GF Score™ of 53/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Thai Mui PCL's Gross Margin % compare to GWW and FAST?
According to the Industrial Distribution industry distribution chart, Thai Mui PCL ranks #20 out of 154 companies for Gross Margin %. This places Thai Mui PCL in the top 13% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 24.30. Thai Mui PCL's value of 40.22% is 65.5% above this benchmark. Historically, Thai Mui PCL's own Gross Margin % has ranged from 29.51 to 40.30 over the past decade. While the company's 10-year median is 38.18 vs. the industry median of 24.30, Thai Mui 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 an Industrial Distribution company?
The median Gross Margin % among Industrial Distribution companies is 24.30, based on 154 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 Mui PCL's current Gross Margin % of 40.22% is 65.5% 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 Mui PCL and its competitors. For the Industrial Distribution industry, the median Gross Margin % is 24.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thai Mui PCL's current Gross Margin % is 40.22%, which is near median its own 10-year median of 38.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thai Mui PCL stock overvalued right now?
Based on GuruFocus' analysis, Thai Mui PCL (BKK:THMUI) is currently considered Possible Value Trap. The stock's GF Value™ is ฿0.63, compared to a current price of ฿0.31 — trading 50.8% below its estimated fair value. The current Gross Margin % is 40.22%, which is near median its 10-year median of 38.18 and 65.5% above the Industrial Distribution industry median of 24.30. Thai Mui PCL's overall GF Score™ is 53/100 with 2 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 Mui PCL (BKK:THMUI), the current Gross Margin % is 40.22% 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 Thai Mui PCL (BKK:THMUI) Overvalued in 2026?
Based on GuruFocus' analysis, Thai Mui PCL stock appears to be undervalued.
The current stock price of ฿0.31 is trading 50.8% below its estimated GF Value™ of ฿0.63.
GuruFocus considers Thai Mui PCL to be Possible Value Trap.
Key valuation signals for BKK:THMUI:
Gross Margin %: 40.22% (near median its 10-year median of 38.18)
GF Value™: ฿0.63 vs. price of ฿0.31 (50.8% below fair value)
Industry Position: 65.5% above the Industrial Distribution median (#20 of 154)
No single metric tells the full story. See the BKK:THMUI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Thai Mui Corp PCL is engaged in the retail and wholesale of ironware, wire rope, saw, and pipe, and provides loop wire rope and equipment installation and inspection, plumbing contractor project, and construction of a water quality improvement business for shrimp farm. Its products include Wire rope, Skate, Soft sling, Hook, etc. The company's segments are Sales and service and Project work. The key revenue is derived from the sale of wire rope and lifting equipment, including replacement and installation, and providing technical inspection, testing, and analysis equipment activity. The group operates in Thailand.
53GF Score
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