Assetwise PCL (BKK:ASW) Net Margin %: 10.77% (As of Mar. 2026) — 33% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BKK:ASW Assetwise PCL BKK:ASW
86 GF Score
Price ฿7.65
GF Value ฿9.17
Valuation Modestly Undervalued
! 12 Warning Signs
View Full Analysis

What is Assetwise PCL Net Margin %?

Assetwise PCL BKK:ASW +0.66% 86 Net Margin % is 10.77% as of Mar. 2026, which is 33% below its 10-year median of 16.13. GuruFocus rates BKK:ASW with a GF Score™ of 86/100 and a GF Value™ of ฿9.17 (Modestly Undervalued). The stock has 12 warning signs investors should review. Among 1,757 Real Estate companies, Assetwise PCL ranks better than 56.29% on this metric.

Net margin is calculated as Net Income divided by its Revenue. Assetwise PCL's Net Income for the three months ended in Mar. 2026 was ฿230 Mil. Assetwise PCL's Revenue for the three months ended in Mar. 2026 was ฿2,131 Mil. Therefore, Assetwise PCL's net margin for the quarter that ended in Mar. 2026 was 10.77%.

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

BKK:ASW' s Net Margin % Range Over the Past 10 Years
Min: 11.44   Med: 16.13   Max: 20.78
Current: 11.44


BKK:ASW's Net Margin % is ranked better than
56.29% of 1757 companies
in the Real Estate industry
Industry Median: 8.22 vs BKK:ASW: 11.44

Assetwise PCL  (BKK:ASW) 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.


Assetwise PCL Net Margin % Related Terms


Assetwise PCL Net Margin % Historical Data

* Premium members only.

The historical data trend for Assetwise 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.

Assetwise PCL Net Margin % Chart

Assetwise PCL Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Net Margin %
Get a 7-Day Free Trial 19.30 20.40 16.13 14.88 11.68

Assetwise 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 11.90 11.07 11.21 12.29 10.77

Assetwise PCL Net Margin % Competitor Comparison

For the Real Estate - Development subindustry, Assetwise 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.


Assetwise PCL Net Margin % vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Assetwise PCL's Net Margin % distribution charts can be found below:

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


BKK:ASW
86GF Score
Assetwise PCL BKK:ASW
Net Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Assetwise 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.

Assetwise 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 )
=1077.662/9226.352
=11.68 %

Assetwise 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 )
=229.551/2131.409
=10.77 %

* 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 10.77% mean?
Assetwise PCL (BKK:ASW) has a Net Margin % of 10.77% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on Assetwise PCL and its competitors. This is 33% below median its historical median of 16.13. Over the past decade, Assetwise PCL's Net Margin % has ranged from 11.44 to 20.78. According to the industry distribution chart, Assetwise PCL ranks #768 out of 1757 companies in the Real Estate industry, placing it in the top 43.7%.
Is Assetwise PCL's Net Margin % too high?
Assetwise PCL's current Net Margin % of 10.77% is 33% below median its 10-year median of 16.13. Over the past 10 years, this metric has ranged from a low of 11.44 to a high of 20.78. The Real Estate industry median Net Margin % is 8.22. Assetwise PCL's value of 10.77% is 31% above this industry median. Based on the distribution chart, Assetwise PCL ranks #768 out of 1757 companies in the Real Estate industry, which is above the industry midpoint. Overall, Assetwise PCL has a GF Score™ of 86/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Assetwise PCL's Net Margin % compare to competitors?
According to the Real Estate industry distribution chart, Assetwise PCL ranks #768 out of 1757 companies for Net Margin %. This puts Assetwise PCL in the upper half of its industry. The industry median Net Margin % is 8.22. Assetwise PCL's value of 10.77% is 31% above this benchmark. Historically, Assetwise PCL's own Net Margin % has ranged from 11.44 to 20.78 over the past decade. While the company's 10-year median is 16.13 vs. the industry median of 8.22, Assetwise 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 Real Estate company?
The median Net Margin % among Real Estate companies is 8.22, based on 1,757 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. Assetwise PCL's current Net Margin % of 10.77% is 31% 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 Assetwise PCL and its competitors. For the Real Estate industry, the median Net Margin % is 8.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Assetwise PCL's current Net Margin % is 10.77%, which is 33% below median its own 10-year median of 16.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Assetwise PCL stock overvalued right now?
Based on GuruFocus' analysis, Assetwise PCL (BKK:ASW) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿9.17, compared to a current price of ฿7.65 — trading 16.6% below its estimated fair value. The current Net Margin % is 10.77%, which is 33% below median its 10-year median of 16.13 and 31% above the Real Estate industry median of 8.22. Assetwise PCL's overall GF Score™ is 86/100 with 12 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 Assetwise PCL (BKK:ASW), the current Net Margin % is 10.77% 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 Assetwise PCL (BKK:ASW) Overvalued in 2026?

Based on GuruFocus' analysis, Assetwise PCL stock appears to be undervalued. The current stock price of ฿7.65 is trading 16.6% below its estimated GF Value™ of ฿9.17. GuruFocus considers Assetwise PCL to be Modestly Undervalued.

Key valuation signals for BKK:ASW:

  • Net Margin %: 10.77% (33% below median its 10-year median of 16.13)
  • GF Value™: ฿9.17 vs. price of ฿7.65 (16.6% below fair value)
  • GF Score™: 86/100 with 12 warning signs
  • Industry Position: 31% above the Real Estate median (#768 of 1757)

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


Assetwise PCL Business Description

Address 9 Soi Ramintra 5 Junction 23, Anusawari Subdistrict, BangKhen District, Bangkok, THA, 10220
Assetwise PCL operates in the business of real estate development for sale and real estate development for lease, the business of real estate agents, intermediary services for international payments, and research and investment in digital assets, lifestyle business, and technology. Its real estate portfolio includes both condominiums and horizontal residential property, namely, single houses, townhomes, and home offices. The company generates revenue via rental and services, the sale of real estate, and dividend income.
86GF Score

Get the complete analysis for BKK:ASW

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

฿7.65
Price
฿9.17
GF Value