Millcon Steel PCL (BKK:MILL-R) Net Margin %: -16.49% (As of Sep. 2025)


What is Millcon Steel PCL Net Margin %?

Millcon Steel PCL BKK:MILL-R Net Margin % is -16.49% as of Sep. 2025. The stock has 8 warning signs investors should review. Among 615 Steel companies, Millcon Steel PCL ranks worse than 95.12% on this metric.

Net margin is calculated as Net Income divided by its Revenue. Millcon Steel PCL's Net Income for the three months ended in Sep. 2025 was ฿-164 Mil. Millcon Steel PCL's Revenue for the three months ended in Sep. 2025 was ฿996 Mil. Therefore, Millcon Steel PCL's net margin for the quarter that ended in Sep. 2025 was -16.49%.

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

BKK:MILL-R' s Net Margin % Range Over the Past 10 Years
Min: -31.63   Med: 0.77   Max: 5.55
Current: -31.63


BKK:MILL-R's Net Margin % is ranked worse than
95.12% of 615 companies
in the Steel industry
Industry Median: 1.86 vs BKK:MILL-R: -31.63

Millcon Steel PCL  (BKK:MILL-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.


Millcon Steel PCL Net Margin % Related Terms


Millcon Steel PCL Net Margin % Historical Data

* Premium members only.

The historical data trend for Millcon Steel 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.

Millcon Steel PCL Net Margin % Chart

Millcon Steel PCL Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.15 -1.67 2.42 0.88 -4.96

Millcon Steel PCL Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Mar25 Jun25 Sep25
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 -170.21 -631.37 -226.29 -12.15 -16.49

BKK:MILL-R vs NUE, STLD, RS: Net Margin % Comparison

For the Steel subindustry, Millcon Steel 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.


Millcon Steel PCL Net Margin % vs Steel Industry

For the Steel industry and Basic Materials sector, Millcon Steel PCL's Net Margin % distribution charts can be found below:

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



Millcon Steel 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.

Millcon Steel PCL's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin=Net Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=-940.889/18972.573
=-4.96 %

Millcon Steel PCL's Net Margin for the quarter that ended in Sep. 2025 is calculated as

Net Margin=Net Income (Q: Sep. 2025 )/Revenue (Q: Sep. 2025 )
=-164.261/995.914
=-16.49 %

* 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 -16.49% mean?
Millcon Steel PCL (BKK:MILL-R) has a Net Margin % of -16.49% as of Sep. 2025. Net margin is the ratio of total net income to net sales. View historical data on Millcon Steel PCL and its competitors. According to the industry distribution chart, Millcon Steel PCL ranks #585 out of 615 companies in the Steel industry, placing it in the top 95.1%.
Is Millcon Steel PCL's Net Margin % too high?
Millcon Steel PCL's current Net Margin % is -16.49%. Based on the distribution chart, Millcon Steel PCL ranks #585 out of 615 companies in the Steel industry, which is in the bottom quartile relative to peers.
How does Millcon Steel PCL's Net Margin % compare to NUE and STLD?
According to the Steel industry distribution chart, Millcon Steel PCL ranks #585 out of 615 companies for Net Margin %. This places Millcon Steel PCL in the lower half of its industry. The industry median Net Margin % is 1.86. 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 Steel company?
The median Net Margin % among Steel companies is 1.86, based on 615 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 Millcon Steel PCL and its competitors. For the Steel industry, the median Net Margin % is 1.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Millcon Steel PCL's current Net Margin % is -16.49%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Millcon Steel PCL stock overvalued right now?
Millcon Steel PCL (BKK:MILL-R) has a current Net Margin % of -16.49%. The current Net Margin % is -16.49%. 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 Millcon Steel PCL (BKK:MILL-R), the current Net Margin % is -16.49% as of Sep. 2025. 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.

Millcon Steel PCL Business Description

Other Exchanges MILL:Thailand
Address Banggradee Road, Samaedum, No. 9,11,13 Soi Banggradee 32, Samaedam Sub-district, Bangkhunthian District, Bangkok, THA, 10150
Millcon Steel PCL principal activity is manufacturing and trading of steel. The reportable segments of the company are the Manufacturing segment and Trading segment. The company generates majority of revenue from Manufacturing segment. The vast majority of its revenue comes from the Domestic Market. Its products and services are REINFORCING STEEL BARS, ROUND STEEL BARS, REINFORCING STEEL BARS (THREADED TYPE), WIRE, STEEL PIPE, C-SHAPED STEEL, GALVANIZED STEEL.