THFRF (Thai Union Group PCL) Gross Margin %: 18.17% (As of Mar. 2026) — Near Median


THFRF Thai Union Group PCL THFRF
74 GF Score
Price $0.43
GF Value $0.54
! 6 Warning Signs
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What is Thai Union Group PCL Gross Margin %?

Thai Union Group PCL THFRF 74 Gross Margin % is 18.17% as of Mar. 2026, which is 5% above its 10-year median of 17.28. GuruFocus rates THFRF with a GF Score™ of 74/100 and a GF Value™ of $0.54. The stock has 6 warning signs investors should review. Among 1,902 Consumer Packaged Goods companies, Thai Union Group PCL ranks worse than 67.4% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Thai Union Group PCL's Gross Profit for the three months ended in Mar. 2026 was $181 Mil. Thai Union Group PCL's Revenue for the three months ended in Mar. 2026 was $994 Mil. Therefore, Thai Union Group PCL's Gross Margin % for the quarter that ended in Mar. 2026 was 18.17%.


The historical rank and industry rank for Thai Union Group PCL's Gross Margin % or its related term are showing as below:

THFRF' s Gross Margin % Range Over the Past 10 Years
Min: 14.17   Med: 17.28   Max: 18.94
Current: 18.78


During the past 13 years, the highest Gross Margin % of Thai Union Group PCL was 18.94%. The lowest was 14.17%. And the median was 17.28%.

THFRF's Gross Margin % is ranked worse than
67.4% of 1902 companies
in the Consumer Packaged Goods industry
Industry Median: 26.37 vs THFRF: 18.78

Thai Union Group PCL had a gross margin of 18.17% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Thai Union Group PCL was 1.00% per year.


Thai Union Group PCL  (OTCPK:THFRF) 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

Thai Union Group PCL had a gross margin of 18.17% 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.


Thai Union Group PCL Gross Margin % Related Terms


Thai Union Group PCL Gross Margin % Historical Data

* Premium members only.

The historical data trend for Thai Union Group 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.

Thai Union Group PCL Gross Margin % Chart

Thai Union Group PCL 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 18.24 17.49 17.06 18.51 18.94

Thai Union Group PCL 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 18.84 19.67 18.98 18.29 18.17

THFRF vs KHC, GIS: Gross Margin % Comparison

For the Packaged Foods subindustry, Thai Union Group 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.


Thai Union Group PCL Gross Margin % vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Thai Union Group PCL's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Thai Union Group PCL's Gross Margin % falls into.


THFRF
74GF Score
Thai Union Group PCL THFRF
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Thai Union Group PCL Gross Margin % Calculation

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

Thai Union Group PCL'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 )
=796.1 / 4203.28
=(Revenue - Cost of Goods Sold) / Revenue
=(4203.28 - 3407.196) / 4203.28
=18.94 %

Thai Union Group PCL'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 )
=180.5 / 993.538
=(Revenue - Cost of Goods Sold) / Revenue
=(993.538 - 812.999) / 993.538
=18.17 %

* 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 18.17% mean?
Thai Union Group PCL (THFRF) has a Gross Margin % of 18.17% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Thai Union Group PCL and its competitors. This is near median its historical median of 17.28. Over the past decade, Thai Union Group PCL's Gross Margin % has ranged from 14.17 to 18.94. According to the industry distribution chart, Thai Union Group PCL ranks #1282 out of 1902 companies in the Consumer Packaged Goods industry, placing it in the top 67.4%.
Is Thai Union Group PCL's Gross Margin % too high?
Thai Union Group PCL's current Gross Margin % of 18.17% is near median its 10-year median of 17.28. Over the past 10 years, this metric has ranged from a low of 14.17 to a high of 18.94. The Consumer Packaged Goods industry median Gross Margin % is 26.37. Thai Union Group PCL's value of 18.17% is 31.1% below this industry median. Based on the distribution chart, Thai Union Group PCL ranks #1282 out of 1902 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, Thai Union Group PCL has a GF Score™ of 74/100, reflecting its overall financial health beyond just this single metric.
How does Thai Union Group PCL's Gross Margin % compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Thai Union Group PCL ranks #1282 out of 1902 companies for Gross Margin %. This places Thai Union Group PCL in the lower half of its industry. The industry median Gross Margin % is 26.37. Thai Union Group PCL's value of 18.17% is 31.1% below this benchmark. Historically, Thai Union Group PCL's own Gross Margin % has ranged from 14.17 to 18.94 over the past decade. While the company's 10-year median is 17.28 vs. the industry median of 26.37, Thai Union Group 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 Consumer Packaged Goods company?
The median Gross Margin % among Consumer Packaged Goods companies is 26.37, based on 1,902 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. Thai Union Group PCL's current Gross Margin % of 18.17% is 31.1% 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 Thai Union Group PCL and its competitors. For the Consumer Packaged Goods industry, the median Gross Margin % is 26.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thai Union Group PCL's current Gross Margin % is 18.17%, which is near median its own 10-year median of 17.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thai Union Group PCL stock overvalued right now?
Thai Union Group PCL (THFRF) has a current Gross Margin % of 18.17%. The stock's GF Value™ is $0.54, compared to a current price of $0.43 — trading 20.4% below its estimated fair value. The current Gross Margin % is 18.17%, which is near median its 10-year median of 17.28 and 31.1% below the Consumer Packaged Goods industry median of 26.37. Thai Union Group PCL's overall GF Score™ is 74/100 with 6 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 Thai Union Group PCL (THFRF), the current Gross Margin % is 18.17% 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 Thai Union Group PCL (THFRF) Overvalued in 2026?

Based on GuruFocus' analysis, Thai Union Group PCL stock appears to be undervalued. The current stock price of $0.43 is trading 20.4% below its estimated GF Value™ of $0.54.

Key valuation signals for THFRF:

  • Gross Margin %: 18.17% (near median its 10-year median of 17.28)
  • GF Value™: $0.54 vs. price of $0.43 (20.4% below fair value)
  • GF Score™: 74/100 with 6 warning signs
  • Industry Position: 31.1% below the Consumer Packaged Goods median (#1282 of 1902)

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


Thai Union Group PCL Business Description

Address 72/1 Moo 7, Sethakit 1 Road, Tarsrai Sub-district, Amphur Muang, Samutsakorn, Samut sakhon, THA, 74000
Thai Union Group PCL is a seafood-based food products company. The company sells its products locally in Thailand, as well as in North America and Europe. The business categories are ambient seafood (tuna, salmon, sardine, mackerel); frozen and chilled seafood and related products (shrimp, lobster, salmon); and pet food and value-added. In North America, Thai Union's portfolio contains tuna, salmon, and sardines, sold in different varieties under the Chicken of the Sea and Genova brands. In Europe, the company offers seafood and fish products under brands such as John West, Petit Navire, Parmentier, King Oscar, Mareblum, and Rugen Fisch. In Asia-Pacific, the local brands are Century, Sealect, Fisho, Bellotta, and Marvo. Majority of revenue is from USA.
74GF Score

Get the complete analysis for THFRF

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

$0.43
Price
$0.54
GF Value