The Steel PCL's gross profit for the
three
months ended in Mar. 2026 was ฿118 Mil. The Steel PCL's gross profit for the trailing twelve months (TTM) ended in Mar. 2026 was ฿198 Mil.
Gross Margin % is calculated as gross profit divided by its revenue. The Steel PCL's gross profit for the
three
months ended in Mar. 2026 was ฿118 Mil. The Steel PCL's Revenue for the
three
months ended in Mar. 2026 was ฿1,821 Mil. Therefore, The Steel PCL's Gross Margin % for the quarter that ended in Mar. 2026 was 6.48%.
The Steel PCL had a gross margin of 6.48% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage
During the past 13 years, the highestGross Margin % of The Steel PCL was 10.06%. The lowest was 2.11%. And the median was 2.67%.
Warning Sign:
The Steel PCL gross margin has been in long-term decline. The average rate of decline per year is -19.6%.
The Steel PCL (BKK:THE-R) Gross Profit 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
The Steel PCL had a gross margin of 6.48% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage
The Steel PCL Gross Profit Related Terms
The Steel PCL Gross Profit Historical Data
* Premium members only.
The historical data trend for The Steel PCL's Gross Profit 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.
BKK:THE-R vs NUE, STLD, RS: Gross Profit Comparison
For the Steel subindustry, The Steel PCL's Gross Profit, along with its competitors' market caps and Gross Profit 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.
The Steel PCL Gross Profit vs Steel Industry
For the Steel industry and Basic Materials sector, The Steel PCL's Gross Profit distribution charts can be found below:
* The bar in red indicates where The Steel PCL's Gross Profit falls into.
Gross Profit for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ฿198 Mil.
Gross Profit is the numerator in the calculation of Gross Margin.
* 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.
The Steel PCL (BKK:THE-R) has a Gross Profit of ฿198 Mil as of Mar. 2026. Gross Profit equals net sales less total cost of goods sold. View historical data on The Steel PCL and its competitors.
Is The Steel PCL's Gross Profit too high?
The Steel PCL's current Gross Profit is ฿198 Mil. Overall, The Steel PCL has a GF Score™ of 37/100, reflecting its overall financial health beyond just this single metric.
How does The Steel PCL's Gross Profit compare to NUE and STLD?
The Steel PCL's Gross Profit of ฿198 Mil can be compared against companies in the Steel industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Profit for a Steel company?
A good Gross Profit depends on the Steel industry context. However, Gross Profit should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Profit mean?
A high Gross Profit can signal that a stock is expensive relative to its fundamentals. Gross Profit equals net sales less total cost of goods sold. View historical data on The Steel PCL and its competitors. The Steel PCL's current Gross Profit is ฿198 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The Steel PCL stock overvalued right now?
The Steel PCL (BKK:THE-R) has a current Gross Profit of ฿198 Mil. The stock's GF Value™ is ฿0.83, compared to a current price of ฿0.83 — trading 0.3% above its estimated fair value. The current Gross Profit is ฿198 Mil. The Steel PCL's overall GF Score™ is 37/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Profit calculated?
Gross Profit is calculated from a company's financial statements. For The Steel PCL (BKK:THE-R), the current Gross Profit is ฿198 Mil 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 The Steel PCL (BKK:THE-R) Overvalued in 2026?
Based on GuruFocus' analysis, The Steel PCL stock appears to be overvalued.
The current stock price of ฿0.83 is trading 0.3% above its estimated GF Value™ of ฿0.83.
Key valuation signals for BKK:THE-R:
Gross Profit: ฿198 Mil
GF Value™: ฿0.83 vs. price of ฿0.83 (0.3% above fair value)
No single metric tells the full story. See the BKK:THE-R stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
The Steel PCL is principally engaged in the selling and transforming hot rolled steel sheets and coils and other structural steels and logistic services of steel. Its product portfolio includes hot-rolled coils, and processed forms such as slit coils, steel sheets, hot-formed structural steel, and cold-formed structural steel, as well as other steel products. In addition, the company also processes certain steel products, including steel sheets, slit coils, flat steel, folded angle steel, folded channel steel, steel pipes, and C-shaped structural steel. The company operates in two reportable segments: Revenue from sales of steels, which accounts for a majority of its revenue, and Revenue from logistic services. Geographically, it is managed and operates principally in Thailand.
37GF Score
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Gross Profit is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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