CP All PCLSGX:TCPD +1.10%85 Gross Margin % is 22.74% as of Mar. 2026, which is 3% above its 10-year median of 22.11. GuruFocus rates SGX:TCPD with a GF Score™ of 85/100 and a GF Value™ of S$2.34 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 303 Retail - Defensive companies, CP All PCL ranks worse than 56.11% on this metric.
Gross Margin % is calculated as gross profit divided by its revenue. CP All PCL's Gross Profit for the
three
months ended in Mar. 2026 was S$2,339 Mil. CP All PCL's Revenue for the
three
months ended in Mar. 2026 was S$10,287 Mil. Therefore, CP All PCL's Gross Margin % for the quarter that ended in Mar. 2026 was 22.74%.
The historical rank and industry rank for CP All PCL's Gross Margin % or its related term are showing as below:
SGX:TCPD'
s Gross Margin % Range Over the Past 10 Years
Min: 21.29 Med: 22.11 Max: 22.72
Current: 22.7
During the past 13 years, the highestGross Margin % of CP All PCL was 22.72%. The lowest was 21.29%. And the median was 22.11%.
SGX:TCPD's Gross Margin % is ranked worse than 56.11% of 303
companies
in the Retail - Defensive industry
Industry Median: 24.08
vs SGX:TCPD: 22.70
CP All PCL had a gross margin of 22.74% for the quarter that ended in Mar. 2026 => Competition eroding margins
The 5-Year average Growth Rate of Gross Margin for CP All PCL was 1.10% per year.
CP All PCL (SGX:TCPD) 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
CP All PCL had a gross margin of 22.74% 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.
CP All PCL Gross Margin % Related Terms
CP All PCL Gross Margin % Historical Data
* Premium members only.
The historical data trend for CP All 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 Grocery Stores subindustry, CP All 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.
CP All PCL Gross Margin % vs Retail - Defensive Industry
For the Retail - Defensive industry and Consumer Defensive sector, CP All PCL's Gross Margin % distribution charts can be found below:
* The bar in red indicates where CP All 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.
CP All PCL (SGX:TCPD) has a Gross Margin % of 22.74% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on CP All PCL and its competitors. This is near median its historical median of 22.11. Over the past decade, CP All PCL's Gross Margin % has ranged from 21.29 to 22.72. According to the industry distribution chart, CP All PCL ranks #170 out of 303 companies in the Retail - Defensive industry, placing it in the top 56.1%.
Is CP All PCL's Gross Margin % too high?
CP All PCL's current Gross Margin % of 22.74% is near median its 10-year median of 22.11. Over the past 10 years, this metric has ranged from a low of 21.29 to a high of 22.72. The Retail - Defensive industry median Gross Margin % is 24.08. CP All PCL's value of 22.74% is 5.6% below this industry median. Based on the distribution chart, CP All PCL ranks #170 out of 303 companies in the Retail - Defensive industry, which is below the industry midpoint. Overall, CP All PCL has a GF Score™ of 85/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does CP All PCL's Gross Margin % compare to KR and SFM?
According to the Retail - Defensive industry distribution chart, CP All PCL ranks #170 out of 303 companies for Gross Margin %. This places CP All PCL in the lower half of its industry. The industry median Gross Margin % is 24.08. CP All PCL's value of 22.74% is 5.6% below this benchmark. Historically, CP All PCL's own Gross Margin % has ranged from 21.29 to 22.72 over the past decade. While the company's 10-year median is 22.11 vs. the industry median of 24.08, CP All 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 Retail - Defensive company?
The median Gross Margin % among Retail - Defensive companies is 24.08, based on 303 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. CP All PCL's current Gross Margin % of 22.74% is 5.6% 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 CP All PCL and its competitors. For the Retail - Defensive industry, the median Gross Margin % is 24.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CP All PCL's current Gross Margin % is 22.74%, which is near median its own 10-year median of 22.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CP All PCL stock overvalued right now?
Based on GuruFocus' analysis, CP All PCL (SGX:TCPD) is currently considered Modestly Undervalued. The stock's GF Value™ is S$2.34, compared to a current price of S$1.83 — trading 21.8% below its estimated fair value. The current Gross Margin % is 22.74%, which is near median its 10-year median of 22.11 and 5.6% below the Retail - Defensive industry median of 24.08. CP All PCL's overall GF Score™ is 85/100 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 CP All PCL (SGX:TCPD), the current Gross Margin % is 22.74% 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 CP All PCL (SGX:TCPD) Overvalued in 2026?
Based on GuruFocus' analysis, CP All PCL stock appears to be undervalued.
The current stock price of S$1.83 is trading 21.8% below its estimated GF Value™ of S$2.34.
GuruFocus considers CP All PCL to be Modestly Undervalued.
Key valuation signals for SGX:TCPD:
Gross Margin %: 22.74% (near median its 10-year median of 22.11)
GF Value™: S$2.34 vs. price of S$1.83 (21.8% below fair value)
Industry Position: 5.6% below the Retail - Defensive median (#170 of 303)
No single metric tells the full story. See the SGX:TCPD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
CP All PCL is the sole operator of 7-Eleven convenience stores in Thailand. Almost half of the stores are located in Bangkok and its vicinities, with the remaining located in provincial areas. The company also operates other related businesses, such as bill payment collection services, manufacturing and sale of convenience food and bakery products, sale and maintenance of retail equipment, payment for products and services, information technology services, logistics services, marketing services, educational institution, and training and business seminar services, including catalog sales and e-commerce businesses. The company has four reportable segments: convenience stores, wholesale, retail and mall, and others. The majority of its revenue from Convenience stores segment.
85GF Score
Get the complete analysis for SGX:TCPD
Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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