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Union Petrochemical PCLBKK:UKEM -1.68%48 Gross Margin % is 26.14% as of Mar. 2026, which is 82% above its 10-year median of 14.40. GuruFocus rates BKK:UKEM with a GF Score™ of 48/100 and a GF Value™ of ฿0.71 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,560 Chemicals companies, Union Petrochemical PCL ranks worse than 64.81% on this metric.
BKK:UKEM's Gross Margin % is ranked worse than 64.81% of 1560
companies
in the Chemicals industry
Industry Median: 23.53
vs BKK:UKEM: 17.84
Union Petrochemical PCL had a gross margin of 26.14% for the quarter that ended in Mar. 2026 => Competition eroding margins
The 5-Year average Growth Rate of Gross Margin for Union Petrochemical PCL was -5.50% per year.
Union Petrochemical PCL (BKK:UKEM) 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
Union Petrochemical PCL had a gross margin of 26.14% 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.
Union Petrochemical PCL Gross Margin % Related Terms
Union Petrochemical 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.
For the Chemicals subindustry, Union Petrochemical 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.
Union Petrochemical PCL Gross Margin % vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Union Petrochemical PCL's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Union Petrochemical 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.
Union Petrochemical PCL (BKK:UKEM) has a Gross Margin % of 26.14% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Union Petrochemical PCL and its competitors. This is 82% above median its historical median of 14.40. Over the past decade, Union Petrochemical PCL's Gross Margin % has ranged from 7.45 to 17.84. According to the industry distribution chart, Union Petrochemical PCL ranks #1011 out of 1560 companies in the Chemicals industry, placing it in the top 64.8%.
Is Union Petrochemical PCL's Gross Margin % too high?
Union Petrochemical PCL's current Gross Margin % of 26.14% is 82% above median its 10-year median of 14.40. Over the past 10 years, this metric has ranged from a low of 7.45 to a high of 17.84. The Chemicals industry median Gross Margin % is 23.53. Union Petrochemical PCL's value of 26.14% is 11.1% above this industry median. Based on the distribution chart, Union Petrochemical PCL ranks #1011 out of 1560 companies in the Chemicals industry, which is below the industry midpoint. Overall, Union Petrochemical PCL has a GF Score™ of 48/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Union Petrochemical PCL's Gross Margin % compare to DOW?
According to the Chemicals industry distribution chart, Union Petrochemical PCL ranks #1011 out of 1560 companies for Gross Margin %. This places Union Petrochemical PCL in the lower half of its industry. The industry median Gross Margin % is 23.53. Union Petrochemical PCL's value of 26.14% is 11.1% above this benchmark. Historically, Union Petrochemical PCL's own Gross Margin % has ranged from 7.45 to 17.84 over the past decade. While the company's 10-year median is 14.40 vs. the industry median of 23.53, Union Petrochemical 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 Chemicals company?
The median Gross Margin % among Chemicals companies is 23.53, based on 1,560 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. Union Petrochemical PCL's current Gross Margin % of 26.14% is 11.1% 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 Union Petrochemical PCL and its competitors. For the Chemicals industry, the median Gross Margin % is 23.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Union Petrochemical PCL's current Gross Margin % is 26.14%, which is 82% above median its own 10-year median of 14.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Union Petrochemical PCL stock overvalued right now?
Based on GuruFocus' analysis, Union Petrochemical PCL (BKK:UKEM) is currently considered Significantly Overvalued. The stock's GF Value™ is ฿0.71, compared to a current price of ฿1.17 — trading 64.8% above its estimated fair value. The current Gross Margin % is 26.14%, which is 82% above median its 10-year median of 14.40 and 11.1% above the Chemicals industry median of 23.53. Union Petrochemical PCL's overall GF Score™ is 48/100 with 5 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 Union Petrochemical PCL (BKK:UKEM), the current Gross Margin % is 26.14% 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 Union Petrochemical PCL (BKK:UKEM) Overvalued in 2026?
Based on GuruFocus' analysis, Union Petrochemical PCL stock appears to be overvalued.
The current stock price of ฿1.17 is trading 64.8% above its estimated GF Value™ of ฿0.71.
GuruFocus considers Union Petrochemical PCL to be Significantly Overvalued.
Key valuation signals for BKK:UKEM:
Gross Margin %: 26.14% (82% above median its 10-year median of 14.40)
GF Value™: ฿0.71 vs. price of ฿1.17 (64.8% above fair value)
Industry Position: 11.1% above the Chemicals median (#1011 of 1560)
No single metric tells the full story. See the BKK:UKEM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Union Petrochemical PCL is principally engaged in the import and distribution of chemical products. The company is organized into three reportable segments: Commodity Chemicals segment, Specialty Chemicals segment, and Other segment. Some of its products are Methanol, Isopropyl alcohol, isobutyl alcohol, N-Butanol, Solvents 3040, Toluene, Mixed Xylene, Solvesso 100 Fluid, Solvesso 150 fluid, Solvesso 150 fluid, Butyl Acetate, Ethyl Acetate and Butyl, among others. The company has diversified into the logistics and storage sector. The group operates solely in Thailand and derives key revenue from the Commodity chemicals segment. The Group's business is operated in Thailand.
48GF Score
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