Earth Tech Environment PCL (BKK:ETC-R) Net Margin %: 21.59% (As of Mar. 2026) — 13% Above Median


BKK:ETC-R Earth Tech Environment PCL BKK:ETC-R
70 GF Score
Price ฿0.68
GF Value ฿1.76
! 4 Warning Signs
View Full Analysis

What is Earth Tech Environment PCL Net Margin %?

Earth Tech Environment PCL BKK:ETC-R 70 Net Margin % is 21.59% as of Mar. 2026, which is 13% above its 10-year median of 19.17. GuruFocus rates BKK:ETC-R with a GF Score™ of 70/100 and a GF Value™ of ฿1.76. The stock has 4 warning signs investors should review. Among 421 Utilities - Independent Power Producers companies, Earth Tech Environment PCL ranks better than 94.54% on this metric.

Net margin is calculated as Net Income divided by its Revenue. Earth Tech Environment PCL's Net Income for the three months ended in Mar. 2026 was ฿39.2 Mil. Earth Tech Environment PCL's Revenue for the three months ended in Mar. 2026 was ฿181.6 Mil. Therefore, Earth Tech Environment PCL's net margin for the quarter that ended in Mar. 2026 was 21.59%.

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

BKK:ETC-R' s Net Margin % Range Over the Past 10 Years
Min: 4.38   Med: 19.17   Max: 68.42
Current: 68.42


BKK:ETC-R's Net Margin % is ranked better than
94.54% of 421 companies
in the Utilities - Independent Power Producers industry
Industry Median: 6.17 vs BKK:ETC-R: 68.42

Earth Tech Environment PCL  (BKK:ETC-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.


Earth Tech Environment PCL Net Margin % Related Terms


Earth Tech Environment PCL Net Margin % Historical Data

* Premium members only.

The historical data trend for Earth Tech Environment 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.

Earth Tech Environment PCL Net Margin % Chart

Earth Tech Environment PCL Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Net Margin %
Get a 7-Day Free Trial 25.66 17.75 4.38 12.41 65.27

Earth Tech Environment 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 13.50 6.37 210.39 15.87 21.59

Earth Tech Environment PCL Net Margin % Competitor Comparison

For the Utilities - Renewable subindustry, Earth Tech Environment 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.


Earth Tech Environment PCL Net Margin % vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Earth Tech Environment PCL's Net Margin % distribution charts can be found below:

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


BKK:ETC-R
70GF Score
Earth Tech Environment PCL BKK:ETC-R
Net Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Earth Tech Environment 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.

Earth Tech Environment 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 )
=491.881/753.565
=65.27 %

Earth Tech Environment 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 )
=39.195/181.58
=21.59 %

* 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 21.59% mean?
Earth Tech Environment PCL (BKK:ETC-R) has a Net Margin % of 21.59% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on Earth Tech Environment PCL and its competitors. This is 13% above median its historical median of 19.17. Over the past decade, Earth Tech Environment PCL's Net Margin % has ranged from 4.38 to 68.42. According to the industry distribution chart, Earth Tech Environment PCL ranks #23 out of 421 companies in the Utilities - Independent Power Producers industry, placing it in the top 5.5%.
Is Earth Tech Environment PCL's Net Margin % too high?
Earth Tech Environment PCL's current Net Margin % of 21.59% is 13% above median its 10-year median of 19.17. Over the past 10 years, this metric has ranged from a low of 4.38 to a high of 68.42. The Utilities - Independent Power Producers industry median Net Margin % is 6.17. Earth Tech Environment PCL's value of 21.59% is 249.9% above this industry median. Based on the distribution chart, Earth Tech Environment PCL ranks #23 out of 421 companies in the Utilities - Independent Power Producers industry, which is in the top quartile — a strong position relative to peers. Overall, Earth Tech Environment PCL has a GF Score™ of 70/100, reflecting its overall financial health beyond just this single metric.
How does Earth Tech Environment PCL's Net Margin % compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Earth Tech Environment PCL ranks #23 out of 421 companies for Net Margin %. This places Earth Tech Environment PCL in the top 6% of its industry — outperforming the majority of peers. The industry median Net Margin % is 6.17. Earth Tech Environment PCL's value of 21.59% is 249.9% above this benchmark. Historically, Earth Tech Environment PCL's own Net Margin % has ranged from 4.38 to 68.42 over the past decade. While the company's 10-year median is 19.17 vs. the industry median of 6.17, Earth Tech Environment 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. Earth Tech Environment PCL's current Net Margin % of 21.59% is 249.9% 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 Earth Tech Environment 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. Earth Tech Environment PCL's current Net Margin % is 21.59%, which is 13% above median its own 10-year median of 19.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Earth Tech Environment PCL stock overvalued right now?
Earth Tech Environment PCL (BKK:ETC-R) has a current Net Margin % of 21.59%. The stock's GF Value™ is ฿1.76, compared to a current price of ฿0.68 — trading 61.6% below its estimated fair value. The current Net Margin % is 21.59%, which is 13% above median its 10-year median of 19.17 and 249.9% above the Utilities - Independent Power Producers industry median of 6.17. Earth Tech Environment PCL's overall GF Score™ is 70/100 with 4 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 Earth Tech Environment PCL (BKK:ETC-R), the current Net Margin % is 21.59% 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 Earth Tech Environment PCL (BKK:ETC-R) Overvalued in 2026?

Based on GuruFocus' analysis, Earth Tech Environment PCL stock appears to be undervalued. The current stock price of ฿0.68 is trading 61.6% below its estimated GF Value™ of ฿1.76.

Key valuation signals for BKK:ETC-R:

  • Net Margin %: 21.59% (13% above median its 10-year median of 19.17)
  • GF Value™: ฿1.76 vs. price of ฿0.68 (61.6% below fair value)
  • GF Score™: 70/100 with 4 warning signs
  • Industry Position: 249.9% above the Utilities - Independent Power Producers median (#23 of 421)

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


Earth Tech Environment PCL Business Description

Other Exchanges ETC:Thailand
Address 88, 88/1, Moo. 1, Ban That Subdistrict, Kaeng Khoi District, Saraburi, Bangkok, THA, 18110
Earth Tech Environment PCL is a service provider for the production and distribution of electricity. It produces and distributes electricity from the first non-hazardous industrial materials in Thailand by using sewage or unused materials to process as fuel to produce electricity. It also provides an air quality control system, water management system, and community involvement. The company's segment includes Power business and Construction. It generates maximum revenue from the Power business segment.
70GF Score

Get the complete analysis for BKK:ETC-R

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

฿0.68
Price
฿1.76
GF Value