TTW PCLTTAPF 84 Gross Margin % is 68.40% as of Mar. 2026, which is 2% below its 10-year median of 69.46. GuruFocus rates TTAPF with a GF Score™ of 84/100 and a GF Value™ of $0.28. The stock has 2 warning signs investors should review. Among 489 Utilities - Regulated companies, TTW PCL ranks better than 91% on this metric.
Gross Margin % is calculated as gross profit divided by its revenue. TTW PCL's Gross Profit for the
three
months ended in Mar. 2026 was $27.5 Mil. TTW PCL's Revenue for the
three
months ended in Mar. 2026 was $40.2 Mil. Therefore, TTW PCL's Gross Margin % for the quarter that ended in Mar. 2026 was 68.40%.
The historical rank and industry rank for TTW PCL's Gross Margin % or its related term are showing as below:
TTAPF'
s Gross Margin % Range Over the Past 10 Years
Min: 64.58 Med: 69.46 Max: 72.16
Current: 68.47
During the past 13 years, the highestGross Margin % of TTW PCL was 72.16%. The lowest was 64.58%. And the median was 69.46%.
TTAPF's Gross Margin % is ranked better than 91% of 489
companies
in the Utilities - Regulated industry
Industry Median: 30.88
vs TTAPF: 68.47
TTW PCL had a gross margin of 68.40% for the quarter that ended in Mar. 2026 => Durable competitive advantage
The 5-Year average Growth Rate of Gross Margin for TTW PCL was -0.30% per year.
TTW PCL (OTCPK:TTAPF) 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
TTW PCL had a gross margin of 68.40% 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.
TTW PCL Gross Margin % Related Terms
TTW PCL Gross Margin % Historical Data
* Premium members only.
The historical data trend for TTW 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.
TTAPF vs AWK, WTRG, AWR: Gross Margin % Comparison
For the Utilities - Regulated Water subindustry, TTW 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.
TTW PCL Gross Margin % vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, TTW PCL's Gross Margin % distribution charts can be found below:
* The bar in red indicates where TTW 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.
TTW PCL (TTAPF) has a Gross Margin % of 68.40% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on TTW PCL and its competitors. This is near median its historical median of 69.46. Over the past decade, TTW PCL's Gross Margin % has ranged from 64.58 to 72.16. According to the industry distribution chart, TTW PCL ranks #44 out of 489 companies in the Utilities - Regulated industry, placing it in the top 9%.
Is TTW PCL's Gross Margin % too high?
TTW PCL's current Gross Margin % of 68.40% is near median its 10-year median of 69.46. Over the past 10 years, this metric has ranged from a low of 64.58 to a high of 72.16. The Utilities - Regulated industry median Gross Margin % is 30.88. TTW PCL's value of 68.40% is 121.5% above this industry median. Based on the distribution chart, TTW PCL ranks #44 out of 489 companies in the Utilities - Regulated industry, which is in the top quartile — a strong position relative to peers. Overall, TTW PCL has a GF Score™ of 84/100, reflecting its overall financial health beyond just this single metric.
How does TTW PCL's Gross Margin % compare to AWK and WTRG?
According to the Utilities - Regulated industry distribution chart, TTW PCL ranks #44 out of 489 companies for Gross Margin %. This places TTW PCL in the top 9% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 30.88. TTW PCL's value of 68.40% is 121.5% above this benchmark. Historically, TTW PCL's own Gross Margin % has ranged from 64.58 to 72.16 over the past decade. While the company's 10-year median is 69.46 vs. the industry median of 30.88, TTW 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 an Utilities - Regulated company?
The median Gross Margin % among Utilities - Regulated companies is 30.88, based on 489 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. TTW PCL's current Gross Margin % of 68.40% is 121.5% 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 TTW PCL and its competitors. For the Utilities - Regulated industry, the median Gross Margin % is 30.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TTW PCL's current Gross Margin % is 68.40%, which is near median its own 10-year median of 69.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TTW PCL stock overvalued right now?
TTW PCL (TTAPF) has a current Gross Margin % of 68.40%. The stock's GF Value™ is $0.28, compared to a current price of $0.29 — trading 3.5% above its estimated fair value. The current Gross Margin % is 68.40%, which is near median its 10-year median of 69.46 and 121.5% above the Utilities - Regulated industry median of 30.88. TTW PCL's overall GF Score™ is 84/100 with 2 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 TTW PCL (TTAPF), the current Gross Margin % is 68.40% 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 TTW PCL (TTAPF) Overvalued in 2026?
Based on GuruFocus' analysis, TTW PCL stock appears to be overvalued.
The current stock price of $0.29 is trading 3.5% above its estimated GF Value™ of $0.28.
Key valuation signals for TTAPF:
Gross Margin %: 68.40% (near median its 10-year median of 69.46)
GF Value™: $0.28 vs. price of $0.29 (3.5% above fair value)
Industry Position: 121.5% above the Utilities - Regulated median (#44 of 489)
No single metric tells the full story. See the TTAPF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
TTW PCL is a Thailand-based company chiefly engaged in the production and sale of treated water to its customers, the Provincial Waterworks Authority (PWA). The company supplies water to certain southern regions of Thailand that include Nakhon Pathom and Samut Sakhon. The subsidiaries of TTW PLC provide production, sale, operation, and maintenance services. The majority of the group's revenue is derived from sales of treated water to public sector agencies, while the rest is derived from private sector agencies and other sources. Geographically, the group operates only in Thailand.
84GF Score
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