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Tycoons Worldwide Group (Thailand) PCL (BKK:TYCN) 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
Tycoons Worldwide Group (Thailand) PCL had a gross margin of 3.24% 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.
Tycoons Worldwide Group (Thailand) PCL Gross Margin % Related Terms
Tycoons Worldwide Group (Thailand) 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.
Tycoons Worldwide Group (Thailand) PCL Gross Margin % Chart
Tycoons Worldwide Group (Thailand) PCL Annual Data
BKK:TYCN vs NUE, STLD, RS: Gross Margin % Comparison
For the Steel subindustry, Tycoons Worldwide Group (Thailand) 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.
Tycoons Worldwide Group (Thailand) PCL Gross Margin % vs Steel Industry
* 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.
Tycoons Worldwide Group (Thailand) PCL (BKK:TYCN) has a Gross Margin % of 3.24% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Tycoons Worldwide Group (Thailand) PCL and its competitors. This is 47% below median its historical median of 6.06. According to the industry distribution chart, Tycoons Worldwide Group (Thailand) PCL ranks #498 out of 594 companies in the Steel industry, placing it in the top 83.8%.
Is Tycoons Worldwide Group (Thailand) PCL's Gross Margin % too high?
Tycoons Worldwide Group (Thailand) PCL's current Gross Margin % of 3.24% is 47% below median its 10-year median of 6.06. The Steel industry median Gross Margin % is 12.55. Tycoons Worldwide Group (Thailand) PCL's value of 3.24% is 74.2% below this industry median. Based on the distribution chart, Tycoons Worldwide Group (Thailand) PCL ranks #498 out of 594 companies in the Steel industry, which is in the bottom quartile relative to peers. Overall, Tycoons Worldwide Group (Thailand) PCL has a GF Score™ of 52/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Tycoons Worldwide Group (Thailand) PCL's Gross Margin % compare to NUE and STLD?
According to the Steel industry distribution chart, Tycoons Worldwide Group (Thailand) PCL ranks #498 out of 594 companies for Gross Margin %. This places Tycoons Worldwide Group (Thailand) PCL in the lower half of its industry. The industry median Gross Margin % is 12.55. Tycoons Worldwide Group (Thailand) PCL's value of 3.24% is 74.2% below this benchmark. While the company's 10-year median is 6.06 vs. the industry median of 12.55, Tycoons Worldwide Group (Thailand) 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 Steel company?
The median Gross Margin % among Steel companies is 12.55, based on 594 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. Tycoons Worldwide Group (Thailand) PCL's current Gross Margin % of 3.24% is 74.2% 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 Tycoons Worldwide Group (Thailand) PCL and its competitors. For the Steel industry, the median Gross Margin % is 12.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tycoons Worldwide Group (Thailand) PCL's current Gross Margin % is 3.24%, which is 47% below median its own 10-year median of 6.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tycoons Worldwide Group (Thailand) PCL stock overvalued right now?
Based on GuruFocus' analysis, Tycoons Worldwide Group (Thailand) PCL (BKK:TYCN) is currently considered Possible Value Trap. The stock's GF Value™ is ฿2.53, compared to a current price of ฿1.68 — trading 33.6% below its estimated fair value. The current Gross Margin % is 3.24%, which is 47% below median its 10-year median of 6.06 and 74.2% below the Steel industry median of 12.55. Tycoons Worldwide Group (Thailand) PCL's overall GF Score™ is 52/100 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 Tycoons Worldwide Group (Thailand) PCL (BKK:TYCN), the current Gross Margin % is 3.24% 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 Tycoons Worldwide Group (Thailand) PCL (BKK:TYCN) Overvalued in 2026?
Based on GuruFocus' analysis, Tycoons Worldwide Group (Thailand) PCL stock appears to be undervalued.
The current stock price of ฿1.68 is trading 33.6% below its estimated GF Value™ of ฿2.53.
GuruFocus considers Tycoons Worldwide Group (Thailand) PCL to be Possible Value Trap.
Key valuation signals for BKK:TYCN:
Gross Margin %: 3.24% (47% below median its 10-year median of 6.06)
GF Value™: ฿2.53 vs. price of ฿1.68 (33.6% below fair value)
Industry Position: 74.2% below the Steel median (#498 of 594)
No single metric tells the full story. See the BKK:TYCN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tycoons Worldwide Group (Thailand) PCL Business Description
Tycoons Worldwide Group (Thailand) PCL manufactures and distributes steel wire rods, steel annealing wires, reinforced concrete bars, steel bolts, and wire products. Its products include coil (wire rod)/wire, and screw/bolt. The company's only segment is the manufacture and distribution of steel products in Thailand.
52GF Score
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