Banpu Power PCLBKK:BPP-R 82 Net Margin % is 115.40% as of Mar. 2026, which is 135% above its 10-year median of 49.15. GuruFocus rates BKK:BPP-R with a GF Score™ of 82/100 and a GF Value™ of ฿10.29. The stock has 6 warning signs investors should review. Among 421 Utilities - Independent Power Producers companies, Banpu Power PCL ranks better than 87.41% on this metric.
Net margin is calculated as Net Income divided by its Revenue. Banpu Power PCL's Net Income for the
three
months ended in Mar. 2026 was ฿5,877 Mil. Banpu Power PCL's Revenue for the
three
months ended in Mar. 2026 was ฿5,093 Mil. Therefore, Banpu Power PCL's net margin for the quarter that ended in Mar. 2026 was 115.40%.
The historical rank and industry rank for Banpu Power PCL's Net Margin % or its related term are showing as below:
BKK:BPP-R'
s Net Margin % Range Over the Past 10 Years
Min: 6.76 Med: 49.15 Max: 74.67
Current: 32.24
BKK:BPP-R's Net Margin % is ranked better than 87.41% of 421
companies
in the Utilities - Independent Power Producers industry
Industry Median: 6.17
vs BKK:BPP-R: 32.24
Banpu Power PCL (BKK:BPP-R) 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.
Banpu Power PCL Net Margin % Related Terms
Banpu Power PCL Net Margin % Historical Data
* Premium members only.
The historical data trend for Banpu Power 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.
BKK:BPP-R vs CEG, VST, NRG: Net Margin % Comparison
For the Utilities - Independent Power Producers subindustry, Banpu Power 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.
Banpu Power PCL Net Margin % vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Banpu Power PCL's Net Margin % distribution charts can be found below:
* The bar in red indicates where Banpu Power PCL's Net 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.
Banpu Power PCL (BKK:BPP-R) has a Net Margin % of 115.40% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on Banpu Power PCL and its competitors. This is 135% above median its historical median of 49.15. Over the past decade, Banpu Power PCL's Net Margin % has ranged from 6.76 to 74.67. According to the industry distribution chart, Banpu Power PCL ranks #53 out of 421 companies in the Utilities - Independent Power Producers industry, placing it in the top 12.6%.
Is Banpu Power PCL's Net Margin % too high?
Banpu Power PCL's current Net Margin % of 115.40% is 135% above median its 10-year median of 49.15. Over the past 10 years, this metric has ranged from a low of 6.76 to a high of 74.67. The Utilities - Independent Power Producers industry median Net Margin % is 6.17. Banpu Power PCL's value of 115.40% is 1770.3% above this industry median. Based on the distribution chart, Banpu Power PCL ranks #53 out of 421 companies in the Utilities - Independent Power Producers industry, which is in the top quartile — a strong position relative to peers. Overall, Banpu Power PCL has a GF Score™ of 82/100, reflecting its overall financial health beyond just this single metric.
How does Banpu Power PCL's Net Margin % compare to CEG and VST?
According to the Utilities - Independent Power Producers industry distribution chart, Banpu Power PCL ranks #53 out of 421 companies for Net Margin %. This places Banpu Power PCL in the top 13% of its industry — outperforming the majority of peers. The industry median Net Margin % is 6.17. Banpu Power PCL's value of 115.40% is 1770.3% above this benchmark. Historically, Banpu Power PCL's own Net Margin % has ranged from 6.76 to 74.67 over the past decade. While the company's 10-year median is 49.15 vs. the industry median of 6.17, Banpu Power 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 Utilities - Independent Power Producers company?
The median Net Margin % among Utilities - Independent Power Producers companies is 6.17, based on 421 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. Banpu Power PCL's current Net Margin % of 115.40% is 1770.3% 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 Banpu Power PCL and its competitors. For the Utilities - Independent Power Producers industry, the median Net Margin % is 6.17 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Banpu Power PCL's current Net Margin % is 115.40%, which is 135% above median its own 10-year median of 49.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Banpu Power PCL stock overvalued right now?
Banpu Power PCL (BKK:BPP-R) has a current Net Margin % of 115.40%. The stock's GF Value™ is ฿10.29, compared to a current price of ฿10.10 — trading 1.8% below its estimated fair value. The current Net Margin % is 115.40%, which is 135% above median its 10-year median of 49.15 and 1770.3% above the Utilities - Independent Power Producers industry median of 6.17. Banpu Power PCL's overall GF Score™ is 82/100 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 Banpu Power PCL (BKK:BPP-R), the current Net Margin % is 115.40% 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 Banpu Power PCL (BKK:BPP-R) Overvalued in 2026?
Based on GuruFocus' analysis, Banpu Power PCL stock appears to be undervalued.
The current stock price of ฿10.10 is trading 1.8% below its estimated GF Value™ of ฿10.29.
Key valuation signals for BKK:BPP-R:
Net Margin %: 115.40% (135% above median its 10-year median of 49.15)
GF Value™: ฿10.29 vs. price of ฿10.10 (1.8% below fair value)
Industry Position: 1770.3% above the Utilities - Independent Power Producers median (#53 of 421)
No single metric tells the full story. See the BKK:BPP-R stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Banpu Power PCL is engaged in investments in power businesses in Thailand and overseas. The business activities of the group include the generation and sale of electricity and other related business. The company's business segments include Power+: Power generation from thermal and renewable energy sources, both domestically and internationally. Second segment being Future Tech: Battery energy storage systems, solar rooftop and floating solar systems, battery production, energy trading, e-mobility, and energy efficiency businesses. Geographically, the company has its presence in the United States which is the key revenue driver, China, and other regions.
82GF Score
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