Asphere Innovations PCL (BKK:AS) Net Margin %: 9.53% (As of Mar. 2026) — 29% Below Median


BKK:AS Asphere Innovations PCL BKK:AS
67 GF Score
Price ฿2.28
GF Value ฿3.77
Valuation Possible Value Trap
! 5 Warning Signs
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What is Asphere Innovations PCL Net Margin %?

Asphere Innovations PCL BKK:AS 67 Net Margin % is 9.53% as of Mar. 2026, which is 29% below its 10-year median of 13.40. GuruFocus rates BKK:AS with a GF Score™ of 67/100 and a GF Value™ of ฿3.77 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 553 Interactive Media companies, Asphere Innovations PCL ranks better than 70.16% on this metric.

Net margin is calculated as Net Income divided by its Revenue. Asphere Innovations PCL's Net Income for the three months ended in Mar. 2026 was ฿28 Mil. Asphere Innovations PCL's Revenue for the three months ended in Mar. 2026 was ฿298 Mil. Therefore, Asphere Innovations PCL's net margin for the quarter that ended in Mar. 2026 was 9.53%.

The historical rank and industry rank for Asphere Innovations PCL's Net Margin % or its related term are showing as below:

BKK:AS' s Net Margin % Range Over the Past 10 Years
Min: -22.4   Med: 13.4   Max: 25.74
Current: 10.36


BKK:AS's Net Margin % is ranked better than
70.16% of 553 companies
in the Interactive Media industry
Industry Median: 1.65 vs BKK:AS: 10.36

Asphere Innovations PCL  (BKK:AS) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Asphere Innovations PCL Net Margin % Related Terms


Asphere Innovations PCL Net Margin % Historical Data

* Premium members only.

The historical data trend for Asphere Innovations PCL's Net 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.

Asphere Innovations PCL Net Margin % Chart

Asphere Innovations PCL Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 25.74 17.04 15.07 16.90 11.72

Asphere Innovations PCL Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Net 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 16.19 8.27 14.92 7.97 9.53

BKK:AS vs NTES, EA, TTWO: Net Margin % Comparison

For the Electronic Gaming & Multimedia subindustry, Asphere Innovations PCL's Net Margin %, along with its competitors' market caps and Net 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.


Asphere Innovations PCL Net Margin % vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Asphere Innovations PCL's Net Margin % distribution charts can be found below:

* The bar in red indicates where Asphere Innovations PCL's Net Margin % falls into.


BKK:AS
67GF Score
Asphere Innovations PCL BKK:AS
Net Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Asphere Innovations PCL Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Asphere Innovations PCL's Net Margin for the fiscal year that ended in Dec. 2025 is calculated as

Net Margin=Net Income (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=143.019/1220.24
=11.72 %

Asphere Innovations PCL's Net Margin for the quarter that ended in Mar. 2026 is calculated as

Net Margin=Net Income (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=28.39/297.933
=9.53 %

* 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.

Frequently Asked Questions Learn more about Net Margin % →
What does a Net Margin % of 9.53% mean?
Asphere Innovations PCL (BKK:AS) has a Net Margin % of 9.53% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on Asphere Innovations PCL and its competitors. This is 29% below median its historical median of 13.40. According to the industry distribution chart, Asphere Innovations PCL ranks #165 out of 553 companies in the Interactive Media industry, placing it in the top 29.8%.
Is Asphere Innovations PCL's Net Margin % too high?
Asphere Innovations PCL's current Net Margin % of 9.53% is 29% below median its 10-year median of 13.40. The Interactive Media industry median Net Margin % is 1.65. Asphere Innovations PCL's value of 9.53% is 477.6% above this industry median. Based on the distribution chart, Asphere Innovations PCL ranks #165 out of 553 companies in the Interactive Media industry, which is above the industry midpoint. Overall, Asphere Innovations PCL has a GF Score™ of 67/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Asphere Innovations PCL's Net Margin % compare to NTES and EA?
According to the Interactive Media industry distribution chart, Asphere Innovations PCL ranks #165 out of 553 companies for Net Margin %. This puts Asphere Innovations PCL in the upper half of its industry. The industry median Net Margin % is 1.65. Asphere Innovations PCL's value of 9.53% is 477.6% above this benchmark. While the company's 10-year median is 13.40 vs. the industry median of 1.65, Asphere Innovations 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 Net Margin % for an Interactive Media company?
The median Net Margin % among Interactive Media companies is 1.65, based on 553 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Asphere Innovations PCL's current Net Margin % of 9.53% is 477.6% 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 Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on Asphere Innovations PCL and its competitors. For the Interactive Media industry, the median Net Margin % is 1.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Asphere Innovations PCL's current Net Margin % is 9.53%, which is 29% below median its own 10-year median of 13.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asphere Innovations PCL stock overvalued right now?
Based on GuruFocus' analysis, Asphere Innovations PCL (BKK:AS) is currently considered Possible Value Trap. The stock's GF Value™ is ฿3.77, compared to a current price of ฿2.28 — trading 39.5% below its estimated fair value. The current Net Margin % is 9.53%, which is 29% below median its 10-year median of 13.40 and 477.6% above the Interactive Media industry median of 1.65. Asphere Innovations PCL's overall GF Score™ is 67/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For Asphere Innovations PCL (BKK:AS), the current Net Margin % is 9.53% 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 Asphere Innovations PCL (BKK:AS) Overvalued in 2026?

Based on GuruFocus' analysis, Asphere Innovations PCL stock appears to be undervalued. The current stock price of ฿2.28 is trading 39.5% below its estimated GF Value™ of ฿3.77. GuruFocus considers Asphere Innovations PCL to be Possible Value Trap.

Key valuation signals for BKK:AS:

  • Net Margin %: 9.53% (29% below median its 10-year median of 13.40)
  • GF Value™: ฿3.77 vs. price of ฿2.28 (39.5% below fair value)
  • GF Score™: 67/100 with 5 warning signs
  • Industry Position: 477.6% above the Interactive Media median (#165 of 553)

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


Asphere Innovations PCL Business Description

Other Exchanges 5ASA:Germany
Address Rama 9 Road, 51 Major Tower Rama 9 - Ramkhamhaeng 18th Floor, Room No. 3-8, Hua Mak, Bangkapi, Bangkok, THA, 10240
Asphere Innovations PCL is engaged in providing online game services. The Company operates in two segments: the publishing online game segment, which contributes the majority of the revenue and provides online game publishing services through the internet based on agreements between the publisher and game developers; and the distribution segment, which provides payment channel services. Other income mainly comprises revenue from the provision of marketing services. The Company offers a collection of games across PC and mobile platforms, covering genres such as MMORPG, Casual, SRPG, FPS, and MOBA. It operates in Thailand, Singapore, Vietnam, and other countries, with Singapore contributing the majority of the revenue.
67GF Score

Get the complete analysis for BKK:AS

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

฿2.28
Price
฿3.77
GF Value