VGI PCLBKK:VGI-R 62 Gross Margin % is 26.39% as of Mar. 2026, which is 13% below its 10-year median of 30.28. GuruFocus rates BKK:VGI-R with a GF Score™ of 62/100 and a GF Value™ of ฿1.00. The stock has 4 warning signs investors should review. Among 512 Conglomerates companies, VGI PCL ranks better than 59.18% on this metric.
Gross Margin % is calculated as gross profit divided by its revenue. VGI PCL's Gross Profit for the
three
months ended in Mar. 2026 was ฿276 Mil. VGI PCL's Revenue for the
three
months ended in Mar. 2026 was ฿1,047 Mil. Therefore, VGI PCL's Gross Margin % for the quarter that ended in Mar. 2026 was 26.39%.
The historical rank and industry rank for VGI PCL's Gross Margin % or its related term are showing as below:
BKK:VGI-R'
s Gross Margin % Range Over the Past 10 Years
Min: 18.42 Med: 30.28 Max: 61
Current: 29.87
During the past 13 years, the highestGross Margin % of VGI PCL was 61.00%. The lowest was 18.42%. And the median was 30.28%.
BKK:VGI-R's Gross Margin % is ranked better than 59.18% of 512
companies
in the Conglomerates industry
Industry Median: 25.905
vs BKK:VGI-R: 29.87
VGI PCL had a gross margin of 26.39% for the quarter that ended in Mar. 2026 => Competition eroding margins
The 5-Year average Growth Rate of Gross Margin for VGI PCL was 5.30% per year.
VGI PCL (BKK:VGI-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
VGI PCL had a gross margin of 26.39% 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.
VGI PCL Gross Margin % Related Terms
VGI PCL Gross Margin % Historical Data
* Premium members only.
The historical data trend for VGI 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.
For the Conglomerates subindustry, VGI 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.
VGI PCL Gross Margin % vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, VGI PCL's Gross Margin % distribution charts can be found below:
* The bar in red indicates where VGI 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.
VGI PCL (BKK:VGI-R) has a Gross Margin % of 26.39% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on VGI PCL and its competitors. This is 13% below median its historical median of 30.28. Over the past decade, VGI PCL's Gross Margin % has ranged from 18.42 to 61.00. According to the industry distribution chart, VGI PCL ranks #209 out of 512 companies in the Conglomerates industry, placing it in the top 40.8%.
Is VGI PCL's Gross Margin % too high?
VGI PCL's current Gross Margin % of 26.39% is 13% below median its 10-year median of 30.28. Over the past 10 years, this metric has ranged from a low of 18.42 to a high of 61.00. The Conglomerates industry median Gross Margin % is 25.91. VGI PCL's value of 26.39% is 1.9% above this industry median. Based on the distribution chart, VGI PCL ranks #209 out of 512 companies in the Conglomerates industry, which is above the industry midpoint. Overall, VGI PCL has a GF Score™ of 62/100, reflecting its overall financial health beyond just this single metric.
How does VGI PCL's Gross Margin % compare to HON and MMM?
According to the Conglomerates industry distribution chart, VGI PCL ranks #209 out of 512 companies for Gross Margin %. This puts VGI PCL in the upper half of its industry. The industry median Gross Margin % is 25.91. VGI PCL's value of 26.39% is 1.9% above this benchmark. Historically, VGI PCL's own Gross Margin % has ranged from 18.42 to 61.00 over the past decade. While the company's 10-year median is 30.28 vs. the industry median of 25.91, VGI 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 Conglomerates company?
The median Gross Margin % among Conglomerates companies is 25.91, based on 512 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. VGI PCL's current Gross Margin % of 26.39% is 1.9% 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 VGI PCL and its competitors. For the Conglomerates industry, the median Gross Margin % is 25.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. VGI PCL's current Gross Margin % is 26.39%, which is 13% below median its own 10-year median of 30.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is VGI PCL stock overvalued right now?
VGI PCL (BKK:VGI-R) has a current Gross Margin % of 26.39%. The stock's GF Value™ is ฿1.00, compared to a current price of ฿0.83 — trading 17% below its estimated fair value. The current Gross Margin % is 26.39%, which is 13% below median its 10-year median of 30.28 and 1.9% above the Conglomerates industry median of 25.91. VGI PCL's overall GF Score™ is 62/100 with 4 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 VGI PCL (BKK:VGI-R), the current Gross Margin % is 26.39% 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 VGI PCL (BKK:VGI-R) Overvalued in 2026?
Based on GuruFocus' analysis, VGI PCL stock appears to be undervalued.
The current stock price of ฿0.83 is trading 17% below its estimated GF Value™ of ฿1.00.
Key valuation signals for BKK:VGI-R:
Gross Margin %: 26.39% (13% below median its 10-year median of 30.28)
GF Value™: ฿1.00 vs. price of ฿0.83 (17% below fair value)
Industry Position: 1.9% above the Conglomerates median (#209 of 512)
No single metric tells the full story. See the BKK:VGI-R stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
VGI PCL is principally engaged in the arrangement and provision of advertising services in BTS stations, inside BTS trains, on BTS train bodies, in office buildings, and other spaces and the rental at BTS stations.is organised into business units based on the services it provides, and there are four reportable segments as follows: the Transit segment, the Digital service segment, the Distribution segment, and the Other segment. The majority of the revenue is derived from the Transit segment, which provision of advertising services in BTS stations, inside BTS trains, on BTS train bodies, on BTS Column and the rental of retail space at BTS stations. Geographically, the company operates in Thailand.
62GF Score
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