Thac BA Hydropower JSCSTC:TBC 67 Gross Margin % is 69.95% as of Mar. 2026, which is 14% above its 10-year median of 61.60. GuruFocus rates STC:TBC with a GF Score™ of 67/100 and a GF Value™ of ₫43,993.51 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 403 Utilities - Independent Power Producers companies, Thac BA Hydropower JSC ranks better than 81.39% on this metric.
Thac BA Hydropower JSC had a gross margin of 69.95% for the quarter that ended in Mar. 2026 => Durable competitive advantage
The 5-Year average Growth Rate of Gross Margin for Thac BA Hydropower JSC was -1.20% per year.
Thac BA Hydropower JSC (STC:TBC) 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
Thac BA Hydropower JSC had a gross margin of 69.95% for the quarter that ended in Mar. 2026 => 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.
Thac BA Hydropower JSC Gross Margin % Related Terms
Thac BA Hydropower JSC Gross Margin % Historical Data
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The historical data trend for Thac BA Hydropower 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.
STC:TBC vs CEG, VST, NRG: Gross Margin % Comparison
For the Utilities - Independent Power Producers subindustry, Thac BA Hydropower 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.
Thac BA Hydropower JSC Gross Margin % vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Thac BA Hydropower JSC's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Thac BA Hydropower JSC'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.
Thac BA Hydropower JSC (STC:TBC) has a Gross Margin % of 69.95% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Thac BA Hydropower JSC and its competitors. This is 14% above median its historical median of 61.60. Over the past decade, Thac BA Hydropower JSC's Gross Margin % has ranged from 58.19 to 71.79. According to the industry distribution chart, Thac BA Hydropower JSC ranks #75 out of 403 companies in the Utilities - Independent Power Producers industry, placing it in the top 18.6%.
Is Thac BA Hydropower JSC's Gross Margin % too high?
Thac BA Hydropower JSC's current Gross Margin % of 69.95% is 14% above median its 10-year median of 61.60. Over the past 10 years, this metric has ranged from a low of 58.19 to a high of 71.79. The Utilities - Independent Power Producers industry median Gross Margin % is 31.35. Thac BA Hydropower JSC's value of 69.95% is 123.1% above this industry median. Based on the distribution chart, Thac BA Hydropower JSC ranks #75 out of 403 companies in the Utilities - Independent Power Producers industry, which is in the top quartile — a strong position relative to peers. Overall, Thac BA Hydropower JSC has a GF Score™ of 67/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Thac BA Hydropower JSC's Gross Margin % compare to CEG and VST?
According to the Utilities - Independent Power Producers industry distribution chart, Thac BA Hydropower JSC ranks #75 out of 403 companies for Gross Margin %. This places Thac BA Hydropower JSC in the top 19% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 31.35. Thac BA Hydropower JSC's value of 69.95% is 123.1% above this benchmark. Historically, Thac BA Hydropower JSC's own Gross Margin % has ranged from 58.19 to 71.79 over the past decade. While the company's 10-year median is 61.60 vs. the industry median of 31.35, Thac BA Hydropower JSC 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 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. Thac BA Hydropower JSC's current Gross Margin % of 69.95% is 123.1% 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 Thac BA Hydropower 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. Thac BA Hydropower JSC's current Gross Margin % is 69.95%, which is 14% above median its own 10-year median of 61.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thac BA Hydropower JSC stock overvalued right now?
Based on GuruFocus' analysis, Thac BA Hydropower JSC (STC:TBC) is currently considered Modestly Undervalued. The stock's GF Value™ is ₫43,993.51, compared to a current price of ₫32,500.00 — trading 26.1% below its estimated fair value. The current Gross Margin % is 69.95%, which is 14% above median its 10-year median of 61.60 and 123.1% above the Utilities - Independent Power Producers industry median of 31.35. Thac BA Hydropower JSC's overall GF Score™ is 67/100 with 3 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 Thac BA Hydropower JSC (STC:TBC), the current Gross Margin % is 69.95% 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 Thac BA Hydropower JSC (STC:TBC) Overvalued in 2026?
Based on GuruFocus' analysis, Thac BA Hydropower JSC stock appears to be undervalued.
The current stock price of ₫32,500.00 is trading 26.1% below its estimated GF Value™ of ₫43,993.51.
GuruFocus considers Thac BA Hydropower JSC to be Modestly Undervalued.
Key valuation signals for STC:TBC:
Gross Margin %: 69.95% (14% above median its 10-year median of 61.60)
GF Value™: ₫43,993.51 vs. price of ₫32,500.00 (26.1% below fair value)
Industry Position: 123.1% above the Utilities - Independent Power Producers median (#75 of 403)
No single metric tells the full story. See the STC:TBC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Thac BA Hydropower JSC is a Vietnam-based company involved in producing and trading electricity. It is also involved in the management, operation, repair, maintenance, overhaul, and renovation of hydraulic works, architectural works, equipment of hydropower plants, and transformer stations. The other business activities of the organization are Testing and adjusting electrical equipment; Purchase and sale, import and export of materials and equipment; Consultancy of construction investment projects, construction investment management, supervision and supervision of construction and installation of electricity projects; Investing in power and grid projects; Fostering, training on management, operation, maintenance and repair of power plant equipment; and Business travel services.
67GF Score
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