Lighting & Equipment PCL (BKK:L&E) Net Margin %: -4.34% (As of Mar. 2026)


BKK:L&E Lighting & Equipment PCL BKK:L&E
64 GF Score
Price ฿1.19
GF Value ฿1.13
Valuation Fairly Valued
! 9 Warning Signs
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What is Lighting & Equipment PCL Net Margin %?

Lighting & Equipment PCL BKK:L&E 64 Net Margin % is -4.34% as of Mar. 2026. GuruFocus rates BKK:L&E with a GF Score™ of 64/100 and a GF Value™ of ฿1.13 (Fairly Valued). The stock has 9 warning signs investors should review. Among 3,027 Industrial Products companies, Lighting & Equipment PCL ranks worse than 74.43% on this metric.

Net margin is calculated as Net Income divided by its Revenue. Lighting & Equipment PCL's Net Income for the three months ended in Mar. 2026 was ฿-21 Mil. Lighting & Equipment PCL's Revenue for the three months ended in Mar. 2026 was ฿485 Mil. Therefore, Lighting & Equipment PCL's net margin for the quarter that ended in Mar. 2026 was -4.34%.

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

BKK:L&E' s Net Margin % Range Over the Past 10 Years
Min: -0.88   Med: 1.59   Max: 4
Current: -0.2


BKK:L&E's Net Margin % is ranked worse than
74.43% of 3027 companies
in the Industrial Products industry
Industry Median: 4.53 vs BKK:L&E: -0.20

Lighting & Equipment PCL  (BKK:L&E) 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.


Lighting & Equipment PCL Net Margin % Related Terms


Lighting & Equipment PCL Net Margin % Historical Data

* Premium members only.

The historical data trend for Lighting & Equipment 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.

Lighting & Equipment PCL Net Margin % Chart

Lighting & Equipment 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 1.64 0.98 -0.88 0.57 -0.76

Lighting & Equipment 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 -6.86 -4.45 1.91 3.65 -4.34

BKK:L&E vs VRT, BE: Net Margin % Comparison

For the Electrical Equipment & Parts subindustry, Lighting & Equipment 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.


Lighting & Equipment PCL Net Margin % vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Lighting & Equipment PCL's Net Margin % distribution charts can be found below:

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


BKK:L&E
64GF Score
Lighting & Equipment PCL BKK:L&E
Net Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Lighting & Equipment 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.

Lighting & Equipment 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 )
=-19.179/2517.451
=-0.76 %

Lighting & Equipment 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 )
=-21.073/485.364
=-4.34 %

* 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 -4.34% mean?
Lighting & Equipment PCL (BKK:L&E) has a Net Margin % of -4.34% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on Lighting & Equipment PCL and its competitors. According to the industry distribution chart, Lighting & Equipment PCL ranks #2253 out of 3027 companies in the Industrial Products industry, placing it in the top 74.4%.
Is Lighting & Equipment PCL's Net Margin % too high?
Lighting & Equipment PCL's current Net Margin % is -4.34%. Based on the distribution chart, Lighting & Equipment PCL ranks #2253 out of 3027 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Lighting & Equipment PCL has a GF Score™ of 64/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Lighting & Equipment PCL's Net Margin % compare to VRT and BE?
According to the Industrial Products industry distribution chart, Lighting & Equipment PCL ranks #2253 out of 3027 companies for Net Margin %. This places Lighting & Equipment PCL in the lower half of its industry. The industry median Net Margin % is 4.53. 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 Industrial Products company?
The median Net Margin % among Industrial Products companies is 4.53, based on 3,027 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. 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 Lighting & Equipment PCL and its competitors. For the Industrial Products industry, the median Net Margin % is 4.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lighting & Equipment PCL's current Net Margin % is -4.34%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lighting & Equipment PCL stock overvalued right now?
Based on GuruFocus' analysis, Lighting & Equipment PCL (BKK:L&E) is currently considered Fairly Valued. The stock's GF Value™ is ฿1.13, compared to a current price of ฿1.19 — trading 5.3% above its estimated fair value. The current Net Margin % is -4.34%. Lighting & Equipment PCL's overall GF Score™ is 64/100 with 9 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 Lighting & Equipment PCL (BKK:L&E), the current Net Margin % is -4.34% 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 Lighting & Equipment PCL (BKK:L&E) Overvalued in 2026?

Based on GuruFocus' analysis, Lighting & Equipment PCL stock appears to be overvalued. The current stock price of ฿1.19 is trading 5.3% above its estimated GF Value™ of ฿1.13. GuruFocus considers Lighting & Equipment PCL to be Fairly Valued.

Key valuation signals for BKK:L&E:

  • Net Margin %: -4.34%
  • GF Value™: ฿1.13 vs. price of ฿1.19 (5.3% above fair value)
  • GF Score™: 64/100 with 9 warning signs

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


Lighting & Equipment PCL Business Description

Address Sri-Ayudhya Road, 539/2, 16-17 Floor, Gypsum Metropolitan Tower, Rajthevee, Bangkok, THA, 10400
Lighting & Equipment PCL is engaged in trading lighting fixtures, lamps, electrical equipment, and installation service and design of electric and lighting systems. Its other products include cable turning systems, light-emitting diodes (LEDs), light boxes, lighting control equipment, lighting poles, luminaries, optical fiber lighting, and others. These products are sold through two main channels, project and retail. The company operates in a single line of business, namely the lighting business in Thailand.
64GF Score

Get the complete analysis for BKK:L&E

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

฿1.19
Price
฿1.13
GF Value