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
Yong Thai PCL had a gross margin of 45.42% for the quarter that ended in Mar. 2021 => Durable 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.
Yong Thai PCL Gross Margin % Related Terms
Yong Thai PCL Gross Margin % Historical Data
* Premium members only.
The historical data trend for Yong Thai 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:YCI-R vs APD, DD, DOW: Gross Margin % Comparison
For the Chemicals subindustry, Yong Thai 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.
Yong Thai PCL Gross Margin % vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Yong Thai PCL's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Yong Thai 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.
Yong Thai PCL (BKK:YCI-R) has a Gross Margin % of 45.42% as of Mar. 2021. Gross margin is the ratio of total gross profit to net sales. View historical data on Yong Thai PCL and its competitors. This is 348% above median its historical median of 10.13.
Is Yong Thai PCL's Gross Margin % too high?
Yong Thai PCL's current Gross Margin % of 45.42% is 348% above median its 10-year median of 10.13. The Chemicals industry median Gross Margin % is 23.38. Yong Thai PCL's value of 45.42% is 94.3% above this industry median. Overall, Yong Thai PCL has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Yong Thai PCL's Gross Margin % compare to APD and DD?
Yong Thai PCL's Gross Margin % of 45.42% can be compared against companies in the Chemicals industry. The industry median Gross Margin % is 23.38. Yong Thai PCL's value of 45.42% is 94.3% above this benchmark. While the company's 10-year median is 10.13 vs. the industry median of 23.38, Yong Thai 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 23.38, based on 1,564 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. Yong Thai PCL's current Gross Margin % of 45.42% is 94.3% 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 Yong Thai PCL and its competitors. For the Chemicals industry, the median Gross Margin % is 23.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Yong Thai PCL's current Gross Margin % is 45.42%, which is 348% above median its own 10-year median of 10.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Yong Thai PCL stock overvalued right now?
Yong Thai PCL (BKK:YCI-R) has a current Gross Margin % of 45.42%. The current Gross Margin % is 45.42%, which is 348% above median its 10-year median of 10.13 and 94.3% above the Chemicals industry median of 23.38. Yong Thai PCL's overall GF Score™ is 4/100 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 Yong Thai PCL (BKK:YCI-R), the current Gross Margin % is 45.42% as of Mar. 2021. 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.
Yong Thai PCL is a Thailand-based company engaged in the production of industrial chemicals. It has a single reportable segment which is the Business concerning zirconium production. Its business operation is located in Thailand. The products offered by the company include Zirconium Silicate, Zircon Flour, Zircon Sand, Liquid Acid, Sulphur, and Aluminium Hydroxide.
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