Asia Plus Group Holdings PCL (BKK:ASP) Net Margin %: 16.83% (As of Mar. 2026) — 16% Below Median


BKK:ASP Asia Plus Group Holdings PCL BKK:ASP
69 GF Score
Price ฿2.16
GF Value ฿2.20
Valuation Fairly Valued
! 6 Warning Signs
View Full Analysis

What is Asia Plus Group Holdings PCL Net Margin %?

Asia Plus Group Holdings PCL BKK:ASP 69 Net Margin % is 16.83% as of Mar. 2026, which is 16% below its 10-year median of 19.94. GuruFocus rates BKK:ASP with a GF Score™ of 69/100 and a GF Value™ of ฿2.20 (Fairly Valued). The stock has 6 warning signs investors should review. Among 777 Capital Markets companies, Asia Plus Group Holdings PCL ranks worse than 51.09% on this metric.

Net margin is calculated as Net Income divided by its Revenue. Asia Plus Group Holdings PCL's Net Income for the three months ended in Mar. 2026 was ฿97 Mil. Asia Plus Group Holdings PCL's Revenue for the three months ended in Mar. 2026 was ฿575 Mil. Therefore, Asia Plus Group Holdings PCL's net margin for the quarter that ended in Mar. 2026 was 16.83%.

The historical rank and industry rank for Asia Plus Group Holdings PCL's Net Margin % or its related term are showing as below:

BKK:ASP' s Net Margin % Range Over the Past 10 Years
Min: 9.96   Med: 19.94   Max: 30.59
Current: 13.89


BKK:ASP's Net Margin % is ranked worse than
51.09% of 777 companies
in the Capital Markets industry
Industry Median: 14.46 vs BKK:ASP: 13.89

Asia Plus Group Holdings PCL  (BKK:ASP) 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.


Asia Plus Group Holdings PCL Net Margin % Related Terms


Asia Plus Group Holdings PCL Net Margin % Historical Data

* Premium members only.

The historical data trend for Asia Plus Group Holdings 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.

Asia Plus Group Holdings PCL Net Margin % Chart

Asia Plus Group Holdings 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 29.20 19.54 18.30 16.23 9.96

Asia Plus Group Holdings 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 0.94 11.22 20.26 3.82 16.83

BKK:ASP vs MS, GS, SCHW: Net Margin % Comparison

For the Capital Markets subindustry, Asia Plus Group Holdings 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.


Asia Plus Group Holdings PCL Net Margin % vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Asia Plus Group Holdings PCL's Net Margin % distribution charts can be found below:

* The bar in red indicates where Asia Plus Group Holdings PCL's Net Margin % falls into.


BKK:ASP
69GF Score
Asia Plus Group Holdings PCL BKK:ASP
Net Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Asia Plus Group Holdings 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.

Asia Plus Group Holdings 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 )
=195.647/1964.703
=9.96 %

Asia Plus Group Holdings 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 )
=96.832/575.328
=16.83 %

* 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 16.83% mean?
Asia Plus Group Holdings PCL (BKK:ASP) has a Net Margin % of 16.83% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on Asia Plus Group Holdings PCL and its competitors. This is 16% below median its historical median of 19.94. Over the past decade, Asia Plus Group Holdings PCL's Net Margin % has ranged from 9.96 to 30.59. According to the industry distribution chart, Asia Plus Group Holdings PCL ranks #397 out of 777 companies in the Capital Markets industry, placing it in the top 51.1%.
Is Asia Plus Group Holdings PCL's Net Margin % too high?
Asia Plus Group Holdings PCL's current Net Margin % of 16.83% is 16% below median its 10-year median of 19.94. Over the past 10 years, this metric has ranged from a low of 9.96 to a high of 30.59. The Capital Markets industry median Net Margin % is 14.46. Asia Plus Group Holdings PCL's value of 16.83% is 16.4% above this industry median. Based on the distribution chart, Asia Plus Group Holdings PCL ranks #397 out of 777 companies in the Capital Markets industry, which is below the industry midpoint. Overall, Asia Plus Group Holdings PCL has a GF Score™ of 69/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Asia Plus Group Holdings PCL's Net Margin % compare to MS and GS?
According to the Capital Markets industry distribution chart, Asia Plus Group Holdings PCL ranks #397 out of 777 companies for Net Margin %. This places Asia Plus Group Holdings PCL in the lower half of its industry. The industry median Net Margin % is 14.46. Asia Plus Group Holdings PCL's value of 16.83% is 16.4% above this benchmark. Historically, Asia Plus Group Holdings PCL's own Net Margin % has ranged from 9.96 to 30.59 over the past decade. While the company's 10-year median is 19.94 vs. the industry median of 14.46, Asia Plus Group Holdings 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 a Capital Markets company?
The median Net Margin % among Capital Markets companies is 14.46, based on 777 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. Asia Plus Group Holdings PCL's current Net Margin % of 16.83% is 16.4% 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 Asia Plus Group Holdings PCL and its competitors. For the Capital Markets industry, the median Net Margin % is 14.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Asia Plus Group Holdings PCL's current Net Margin % is 16.83%, which is 16% below median its own 10-year median of 19.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asia Plus Group Holdings PCL stock overvalued right now?
Based on GuruFocus' analysis, Asia Plus Group Holdings PCL (BKK:ASP) is currently considered Fairly Valued. The stock's GF Value™ is ฿2.20, compared to a current price of ฿2.16 — trading 1.8% below its estimated fair value. The current Net Margin % is 16.83%, which is 16% below median its 10-year median of 19.94 and 16.4% above the Capital Markets industry median of 14.46. Asia Plus Group Holdings PCL's overall GF Score™ is 69/100 with 6 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 Asia Plus Group Holdings PCL (BKK:ASP), the current Net Margin % is 16.83% 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 Asia Plus Group Holdings PCL (BKK:ASP) Overvalued in 2026?

Based on GuruFocus' analysis, Asia Plus Group Holdings PCL stock appears to be undervalued. The current stock price of ฿2.16 is trading 1.8% below its estimated GF Value™ of ฿2.20. GuruFocus considers Asia Plus Group Holdings PCL to be Fairly Valued.

Key valuation signals for BKK:ASP:

  • Net Margin %: 16.83% (16% below median its 10-year median of 19.94)
  • GF Value™: ฿2.20 vs. price of ฿2.16 (1.8% below fair value)
  • GF Score™: 69/100 with 6 warning signs
  • Industry Position: 16.4% above the Capital Markets median (#397 of 777)

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


Asia Plus Group Holdings PCL Business Description

Address No. 175, South Sathorn Road, 3/1 Floor, Sathorn City Tower, Thungmahamek, Sathorn, Bangkok, THA, 10120
Asia Plus Group Holdings PCL is a Thailand-based company engaged in investing. It is involved in the business activities of securities brokerage, securities trading, investment advisory, underwriting, securities borrowing and lending, private fund management, mutual fund management, and venture capital management. All the business operations of the company are principally carried out in Thailand. The operating segments of the group are Securities and derivatives brokerage, Investment banking, Fund Management, Investment trading, and others. It generates the majority of its revenue from the Fund Management segment.
69GF Score

Get the complete analysis for BKK:ASP

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

฿2.16
Price
฿2.20
GF Value