WICE Logistics PCLBKK:WICE +4.86%65 Gross Margin % is 12.41% as of Mar. 2026, which is 27% below its 10-year median of 17.06. GuruFocus rates BKK:WICE with a GF Score™ of 65/100 and a GF Value™ of ฿5.89 (Possible Value Trap). The stock has 8 warning signs investors should review. Among 980 Transportation companies, WICE Logistics PCL ranks worse than 70.71% on this metric.
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
WICE Logistics PCL had a gross margin of 12.41% 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.
WICE Logistics PCL Gross Margin % Related Terms
WICE Logistics PCL Gross Margin % Historical Data
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The historical data trend for WICE Logistics 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:WICE vs UPS, FDX, JBHT: Gross Margin % Comparison
For the Integrated Freight & Logistics subindustry, WICE Logistics 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.
WICE Logistics PCL Gross Margin % vs Transportation Industry
For the Transportation industry and Industrials sector, WICE Logistics PCL's Gross Margin % distribution charts can be found below:
* The bar in red indicates where WICE Logistics 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.
WICE Logistics PCL (BKK:WICE) has a Gross Margin % of 12.41% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on WICE Logistics PCL and its competitors. This is 27% below median its historical median of 17.06. Over the past decade, WICE Logistics PCL's Gross Margin % has ranged from 12.36 to 25.53. According to the industry distribution chart, WICE Logistics PCL ranks #693 out of 980 companies in the Transportation industry, placing it in the top 70.7%.
Is WICE Logistics PCL's Gross Margin % too high?
WICE Logistics PCL's current Gross Margin % of 12.41% is 27% below median its 10-year median of 17.06. Over the past 10 years, this metric has ranged from a low of 12.36 to a high of 25.53. The Transportation industry median Gross Margin % is 20.40. WICE Logistics PCL's value of 12.41% is 39.2% below this industry median. Based on the distribution chart, WICE Logistics PCL ranks #693 out of 980 companies in the Transportation industry, which is below the industry midpoint. Overall, WICE Logistics PCL has a GF Score™ of 65/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does WICE Logistics PCL's Gross Margin % compare to UPS and FDX?
According to the Transportation industry distribution chart, WICE Logistics PCL ranks #693 out of 980 companies for Gross Margin %. This places WICE Logistics PCL in the lower half of its industry. The industry median Gross Margin % is 20.40. WICE Logistics PCL's value of 12.41% is 39.2% below this benchmark. Historically, WICE Logistics PCL's own Gross Margin % has ranged from 12.36 to 25.53 over the past decade. While the company's 10-year median is 17.06 vs. the industry median of 20.40, WICE Logistics 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 Transportation company?
The median Gross Margin % among Transportation companies is 20.40, based on 980 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. WICE Logistics PCL's current Gross Margin % of 12.41% is 39.2% 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 WICE Logistics PCL and its competitors. For the Transportation industry, the median Gross Margin % is 20.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. WICE Logistics PCL's current Gross Margin % is 12.41%, which is 27% below median its own 10-year median of 17.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is WICE Logistics PCL stock overvalued right now?
Based on GuruFocus' analysis, WICE Logistics PCL (BKK:WICE) is currently considered Possible Value Trap. The stock's GF Value™ is ฿5.89, compared to a current price of ฿3.02 — trading 48.7% below its estimated fair value. The current Gross Margin % is 12.41%, which is 27% below median its 10-year median of 17.06 and 39.2% below the Transportation industry median of 20.40. WICE Logistics PCL's overall GF Score™ is 65/100 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 WICE Logistics PCL (BKK:WICE), the current Gross Margin % is 12.41% 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 WICE Logistics PCL (BKK:WICE) Overvalued in 2026?
Based on GuruFocus' analysis, WICE Logistics PCL stock appears to be undervalued.
The current stock price of ฿3.02 is trading 48.7% below its estimated GF Value™ of ฿5.89.
GuruFocus considers WICE Logistics PCL to be Possible Value Trap.
Key valuation signals for BKK:WICE:
Gross Margin %: 12.41% (27% below median its 10-year median of 17.06)
GF Value™: ฿5.89 vs. price of ฿3.02 (48.7% below fair value)
Industry Position: 39.2% below the Transportation median (#693 of 980)
No single metric tells the full story. See the BKK:WICE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
WICE Logistics PCL is a Thailand-based company. The company is engaged in international air and sea freight forwarding, customs broker, inland transportation, cross-border transport, multimodal transport operator, warehousing service and all freight-related services for imports and exports. The company has four reportable segments were sea freight, air freight, cross-border transport services and supply chain solution. The company derives maximum profit from cross-border transport services.
65GF Score
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