BKK:TPLAS's Gross Margin % is ranked worse than 66.23% of 379
companies
in the Packaging & Containers industry
Industry Median: 21.28
vs BKK:TPLAS: 16.94
Thai Plastic Industrial (1994) PCL had a gross margin of 21.50% for the quarter that ended in Mar. 2026 => Competition eroding margins
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 Plastic Industrial (1994) PCL had a gross margin of 21.50% 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.
Thai Plastic Industrial (1994) PCL Gross Margin % Related Terms
Thai Plastic Industrial (1994) 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:TPLAS vs SW, PKG, AMCR: Gross Margin % Comparison
For the Packaging & Containers subindustry, Thai Plastic Industrial (1994) 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 Plastic Industrial (1994) PCL Gross Margin % vs Packaging & Containers Industry
For the Packaging & Containers industry and Consumer Cyclical sector, Thai Plastic Industrial (1994) PCL's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Thai Plastic Industrial (1994) 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 Plastic Industrial (1994) PCL (BKK:TPLAS) has a Gross Margin % of 21.50% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Thai Plastic Industrial (1994) PCL and its competitors. This is 42% above median its historical median of 15.11. Over the past decade, Thai Plastic Industrial (1994) PCL's Gross Margin % has ranged from 13.99 to 20.44. According to the industry distribution chart, Thai Plastic Industrial (1994) PCL ranks #251 out of 379 companies in the Packaging & Containers industry, placing it in the top 66.2%.
Is Thai Plastic Industrial (1994) PCL's Gross Margin % too high?
Thai Plastic Industrial (1994) PCL's current Gross Margin % of 21.50% is 42% above median its 10-year median of 15.11. Over the past 10 years, this metric has ranged from a low of 13.99 to a high of 20.44. The Packaging & Containers industry median Gross Margin % is 21.28. Thai Plastic Industrial (1994) PCL's value of 21.50% is 1% above this industry median. Based on the distribution chart, Thai Plastic Industrial (1994) PCL ranks #251 out of 379 companies in the Packaging & Containers industry, which is below the industry midpoint. Overall, Thai Plastic Industrial (1994) PCL has a GF Score™ of 77/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Thai Plastic Industrial (1994) PCL's Gross Margin % compare to SW and PKG?
According to the Packaging & Containers industry distribution chart, Thai Plastic Industrial (1994) PCL ranks #251 out of 379 companies for Gross Margin %. This places Thai Plastic Industrial (1994) PCL in the lower half of its industry. The industry median Gross Margin % is 21.28. Thai Plastic Industrial (1994) PCL's value of 21.50% is 1% above this benchmark. Historically, Thai Plastic Industrial (1994) PCL's own Gross Margin % has ranged from 13.99 to 20.44 over the past decade. While the company's 10-year median is 15.11 vs. the industry median of 21.28, Thai Plastic Industrial (1994) 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 Packaging & Containers company?
The median Gross Margin % among Packaging & Containers companies is 21.28, based on 379 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 Plastic Industrial (1994) PCL's current Gross Margin % of 21.50% is 1% 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 Plastic Industrial (1994) PCL and its competitors. For the Packaging & Containers industry, the median Gross Margin % is 21.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thai Plastic Industrial (1994) PCL's current Gross Margin % is 21.50%, which is 42% above median its own 10-year median of 15.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thai Plastic Industrial (1994) PCL stock overvalued right now?
Based on GuruFocus' analysis, Thai Plastic Industrial (1994) PCL (BKK:TPLAS) is currently considered Fairly Valued. The stock's GF Value™ is ฿1.12, compared to a current price of ฿1.10 — trading 1.8% below its estimated fair value. The current Gross Margin % is 21.50%, which is 42% above median its 10-year median of 15.11 and 1% above the Packaging & Containers industry median of 21.28. Thai Plastic Industrial (1994) PCL's overall GF Score™ is 77/100 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 Plastic Industrial (1994) PCL (BKK:TPLAS), the current Gross Margin % is 21.50% 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 Plastic Industrial (1994) PCL (BKK:TPLAS) Overvalued in 2026?
Based on GuruFocus' analysis, Thai Plastic Industrial (1994) PCL stock appears to be undervalued.
The current stock price of ฿1.10 is trading 1.8% below its estimated GF Value™ of ฿1.12.
GuruFocus considers Thai Plastic Industrial (1994) PCL to be Fairly Valued.
Key valuation signals for BKK:TPLAS:
Gross Margin %: 21.50% (42% above median its 10-year median of 15.11)
GF Value™: ฿1.12 vs. price of ฿1.10 (1.8% below fair value)
Industry Position: 1% above the Packaging & Containers median (#251 of 379)
No single metric tells the full story. See the BKK:TPLAS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Thai Plastic Industrial (1994) PCL Business Description
Thai Plastic Industrial (1994) PCL is engaged in the manufacturing of food plastic bags, food plastic wrappers and food paper containers. Its products include High Density Polyethylene, POLY - PROPYLENE, Thin T-Shirt Bag, LL T-Shirt Bag, PP T-Shirt Bag, LL Beverage Bag, Flexible Straws, LDPE Clear Cold Storage bags, Food Containers beat box, Bowl Food Containers beat box, Thick T-Shirt Bag, PP Bag Side folding type, and POLY - VINYI CHLORIDE. It operates in single segment of manufacturing food plastic bags, food plastic wrappers and food paper containers and sell the products in Thailand.
77GF Score
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