Techno Medical PCLBKK:TM-R 74 Gross Margin % is 38.03% as of Mar. 2026, which is 1% below its 10-year median of 38.56. GuruFocus rates BKK:TM-R with a GF Score™ of 74/100 and a GF Value™ of ฿3.03. The stock has 6 warning signs investors should review. Among 118 Medical Distribution companies, Techno Medical PCL ranks better than 76.27% on this metric.
Techno Medical PCL gross margin has been in long-term decline. The average rate of decline per year is -3.1%.
The historical rank and industry rank for Techno Medical PCL's Gross Margin % or its related term are showing as below:
BKK:TM-R'
s Gross Margin % Range Over the Past 10 Years
Min: 31.83 Med: 38.56 Max: 42.04
Current: 36.28
During the past 11 years, the highestGross Margin % of Techno Medical PCL was 42.04%. The lowest was 31.83%. And the median was 38.56%.
BKK:TM-R's Gross Margin % is ranked better than 76.27% of 118
companies
in the Medical Distribution industry
Industry Median: 14.975
vs BKK:TM-R: 36.28
Techno Medical PCL had a gross margin of 38.03% for the quarter that ended in Mar. 2026 => Competition eroding margins
The 5-Year average Growth Rate of Gross Margin for Techno Medical PCL was -3.10% per year.
Techno Medical PCL (BKK:TM-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
Techno Medical PCL had a gross margin of 38.03% 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.
Techno Medical PCL Gross Margin % Related Terms
Techno Medical PCL Gross Margin % Historical Data
* Premium members only.
The historical data trend for Techno Medical 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:TM-R vs MCK, COR, CAH: Gross Margin % Comparison
For the Medical Distribution subindustry, Techno Medical 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.
Techno Medical PCL Gross Margin % vs Medical Distribution Industry
For the Medical Distribution industry and Healthcare sector, Techno Medical PCL's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Techno Medical 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.
Techno Medical PCL (BKK:TM-R) has a Gross Margin % of 38.03% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Techno Medical PCL and its competitors. This is near median its historical median of 38.56. Over the past decade, Techno Medical PCL's Gross Margin % has ranged from 31.83 to 42.04. According to the industry distribution chart, Techno Medical PCL ranks #28 out of 118 companies in the Medical Distribution industry, placing it in the top 23.7%.
Is Techno Medical PCL's Gross Margin % too high?
Techno Medical PCL's current Gross Margin % of 38.03% is near median its 10-year median of 38.56. Over the past 10 years, this metric has ranged from a low of 31.83 to a high of 42.04. The Medical Distribution industry median Gross Margin % is 14.98. Techno Medical PCL's value of 38.03% is 154% above this industry median. Based on the distribution chart, Techno Medical PCL ranks #28 out of 118 companies in the Medical Distribution industry, which is in the top quartile — a strong position relative to peers. Overall, Techno Medical PCL has a GF Score™ of 74/100, reflecting its overall financial health beyond just this single metric.
How does Techno Medical PCL's Gross Margin % compare to MCK and COR?
According to the Medical Distribution industry distribution chart, Techno Medical PCL ranks #28 out of 118 companies for Gross Margin %. This places Techno Medical PCL in the top 24% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 14.98. Techno Medical PCL's value of 38.03% is 154% above this benchmark. Historically, Techno Medical PCL's own Gross Margin % has ranged from 31.83 to 42.04 over the past decade. While the company's 10-year median is 38.56 vs. the industry median of 14.98, Techno Medical 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 Medical Distribution company?
The median Gross Margin % among Medical Distribution companies is 14.98, based on 118 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. Techno Medical PCL's current Gross Margin % of 38.03% is 154% 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 Techno Medical PCL and its competitors. For the Medical Distribution industry, the median Gross Margin % is 14.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Techno Medical PCL's current Gross Margin % is 38.03%, which is near median its own 10-year median of 38.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Techno Medical PCL stock overvalued right now?
Techno Medical PCL (BKK:TM-R) has a current Gross Margin % of 38.03%. The stock's GF Value™ is ฿3.03, compared to a current price of ฿2.32 — trading 23.4% below its estimated fair value. The current Gross Margin % is 38.03%, which is near median its 10-year median of 38.56 and 154% above the Medical Distribution industry median of 14.98. Techno Medical PCL's overall GF Score™ is 74/100 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 Techno Medical PCL (BKK:TM-R), the current Gross Margin % is 38.03% 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 Techno Medical PCL (BKK:TM-R) Overvalued in 2026?
Based on GuruFocus' analysis, Techno Medical PCL stock appears to be undervalued.
The current stock price of ฿2.32 is trading 23.4% below its estimated GF Value™ of ฿3.03.
Key valuation signals for BKK:TM-R:
Gross Margin %: 38.03% (near median its 10-year median of 38.56)
GF Value™: ฿3.03 vs. price of ฿2.32 (23.4% below fair value)
Industry Position: 154% above the Medical Distribution median (#28 of 118)
No single metric tells the full story. See the BKK:TM-R stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Techno Medical PCL is a Thailand-based company engaged in the trading business of medical supplies, tools, and equipment. The business activity of the group is import and distribution of operating instruments and disposable supplies, central sterile supply department products, instrument and supply used in laboratory and blood bank, and equipment and tools for heart surgery. Its segments consist of Disposable Equipment and Supplies, Sales of Medical Equipment and Instruments and Services related to Nursing Care. Maximum of revenue is Sales of Disposable Equipment and Supplies.
74GF Score
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