Pha Lai Thermal Power JSC (STC:PPC) Gross Margin %: 2.82% (As of Mar. 2026) — 64% Below Median


STC:PPC Pha Lai Thermal Power JSC STC:PPC
75 GF Score
Price ₫9,620.00
GF Value ₫11,813.22
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Pha Lai Thermal Power JSC Gross Margin %?

Pha Lai Thermal Power JSC STC:PPC -0.41% 75 Gross Margin % is 2.82% as of Mar. 2026, which is 64% below its 10-year median of 7.76. GuruFocus rates STC:PPC with a GF Score™ of 75/100 and a GF Value™ of ₫11,813.22 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 403 Utilities - Independent Power Producers companies, Pha Lai Thermal Power JSC ranks worse than 92.31% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Pha Lai Thermal Power JSC's Gross Profit for the three months ended in Mar. 2026 was ₫50,727 Mil. Pha Lai Thermal Power JSC's Revenue for the three months ended in Mar. 2026 was ₫1,798,181 Mil. Therefore, Pha Lai Thermal Power JSC's Gross Margin % for the quarter that ended in Mar. 2026 was 2.82%.


The historical rank and industry rank for Pha Lai Thermal Power JSC's Gross Margin % or its related term are showing as below:

STC:PPC' s Gross Margin % Range Over the Past 10 Years
Min: -6.04   Med: 7.76   Max: 16.12
Current: 3.12


During the past 13 years, the highest Gross Margin % of Pha Lai Thermal Power JSC was 16.12%. The lowest was -6.04%. And the median was 7.76%.

STC:PPC's Gross Margin % is ranked worse than
92.31% of 403 companies
in the Utilities - Independent Power Producers industry
Industry Median: 31.35 vs STC:PPC: 3.12

Pha Lai Thermal Power JSC had a gross margin of 2.82% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Pha Lai Thermal Power JSC was 0.00% per year.


Pha Lai Thermal Power JSC  (STC:PPC) 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

Pha Lai Thermal Power JSC had a gross margin of 2.82% 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.


Pha Lai Thermal Power JSC Gross Margin % Related Terms


Pha Lai Thermal Power JSC Gross Margin % Historical Data

* Premium members only.

The historical data trend for Pha Lai Thermal Power JSC'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.

Pha Lai Thermal Power JSC Gross Margin % Chart

Pha Lai Thermal Power JSC Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -6.04 7.08 0.63 2.97 3.92

Pha Lai Thermal Power JSC Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6.16 1.34 -1.67 10.14 2.82

STC:PPC vs CEG, VST, NRG: Gross Margin % Comparison

For the Utilities - Independent Power Producers subindustry, Pha Lai Thermal Power JSC'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.


Pha Lai Thermal Power JSC Gross Margin % vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Pha Lai Thermal Power JSC's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Pha Lai Thermal Power JSC's Gross Margin % falls into.


STC:PPC
75GF Score
Pha Lai Thermal Power JSC STC:PPC
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Pha Lai Thermal Power JSC Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Pha Lai Thermal Power JSC's Gross Margin for the fiscal year that ended in Dec. 2025 is calculated as

Gross Margin % (A: Dec. 2025 )=Gross Profit (A: Dec. 2025 ) / Revenue (A: Dec. 2025 )
=257203.8 / 6565788.087
=(Revenue - Cost of Goods Sold) / Revenue
=(6565788.087 - 6308584.294) / 6565788.087
=3.92 %

Pha Lai Thermal Power JSC's Gross Margin for the quarter that ended in Mar. 2026 is calculated as


Gross Margin % (Q: Mar. 2026 )=Gross Profit (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=50727.3 / 1798180.657
=(Revenue - Cost of Goods Sold) / Revenue
=(1798180.657 - 1747453.309) / 1798180.657
=2.82 %

* 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.

Frequently Asked Questions Learn more about Gross Margin % →
What does a Gross Margin % of 2.82% mean?
Pha Lai Thermal Power JSC (STC:PPC) has a Gross Margin % of 2.82% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Pha Lai Thermal Power JSC and its competitors. This is 64% below median its historical median of 7.76. According to the industry distribution chart, Pha Lai Thermal Power JSC ranks #372 out of 403 companies in the Utilities - Independent Power Producers industry, placing it in the top 92.3%.
Is Pha Lai Thermal Power JSC's Gross Margin % too high?
Pha Lai Thermal Power JSC's current Gross Margin % of 2.82% is 64% below median its 10-year median of 7.76. The Utilities - Independent Power Producers industry median Gross Margin % is 31.35. Pha Lai Thermal Power JSC's value of 2.82% is 91% below this industry median. Based on the distribution chart, Pha Lai Thermal Power JSC ranks #372 out of 403 companies in the Utilities - Independent Power Producers industry, which is in the bottom quartile relative to peers. Overall, Pha Lai Thermal Power JSC has a GF Score™ of 75/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Pha Lai Thermal Power JSC's Gross Margin % compare to CEG and VST?
According to the Utilities - Independent Power Producers industry distribution chart, Pha Lai Thermal Power JSC ranks #372 out of 403 companies for Gross Margin %. This places Pha Lai Thermal Power JSC in the lower half of its industry. The industry median Gross Margin % is 31.35. Pha Lai Thermal Power JSC's value of 2.82% is 91% below this benchmark. While the company's 10-year median is 7.76 vs. the industry median of 31.35, Pha Lai Thermal Power JSC 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 an Utilities - Independent Power Producers company?
The median Gross Margin % among Utilities - Independent Power Producers companies is 31.35, based on 403 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. Pha Lai Thermal Power JSC's current Gross Margin % of 2.82% is 91% 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 Pha Lai Thermal Power JSC and its competitors. For the Utilities - Independent Power Producers industry, the median Gross Margin % is 31.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pha Lai Thermal Power JSC's current Gross Margin % is 2.82%, which is 64% below median its own 10-year median of 7.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pha Lai Thermal Power JSC stock overvalued right now?
Based on GuruFocus' analysis, Pha Lai Thermal Power JSC (STC:PPC) is currently considered Modestly Undervalued. The stock's GF Value™ is ₫11,813.22, compared to a current price of ₫9,620.00 — trading 18.6% below its estimated fair value. The current Gross Margin % is 2.82%, which is 64% below median its 10-year median of 7.76 and 91% below the Utilities - Independent Power Producers industry median of 31.35. Pha Lai Thermal Power JSC's overall GF Score™ is 75/100 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 Pha Lai Thermal Power JSC (STC:PPC), the current Gross Margin % is 2.82% 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 Pha Lai Thermal Power JSC (STC:PPC) Overvalued in 2026?

Based on GuruFocus' analysis, Pha Lai Thermal Power JSC stock appears to be undervalued. The current stock price of ₫9,620.00 is trading 18.6% below its estimated GF Value™ of ₫11,813.22. GuruFocus considers Pha Lai Thermal Power JSC to be Modestly Undervalued.

Key valuation signals for STC:PPC:

  • Gross Margin %: 2.82% (64% below median its 10-year median of 7.76)
  • GF Value™: ₫11,813.22 vs. price of ₫9,620.00 (18.6% below fair value)
  • GF Score™: 75/100 with 4 warning signs
  • Industry Position: 91% below the Utilities - Independent Power Producers median (#372 of 403)

No single metric tells the full story. See the STC:PPC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Pha Lai Thermal Power JSC Business Description

Address Km28, QL18, Pha Lai Ward, Hai Duong Province, Chi Linh, VNM
Pha Lai Thermal Power JSC operates as a coal-fired power plant in Vietnam. It is engaged in the operation, maintenance, and management of the thermal power plant in Hai Duong Province for electricity generation and distribution.
75GF Score

Get the complete analysis for STC:PPC

Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₫9,620.00
Price
₫11,813.22
GF Value