Modernform Group PCL (BKK:MODERN) Net Margin %: -3.82% (As of Mar. 2026)


BKK:MODERN Modernform Group PCL BKK:MODERN
58 GF Score
Price ฿2.04
GF Value ฿2.06
Valuation Fairly Valued
! 6 Warning Signs
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What is Modernform Group PCL Net Margin %?

Modernform Group PCL BKK:MODERN 58 Net Margin % is -3.82% as of Mar. 2026. GuruFocus rates BKK:MODERN with a GF Score™ of 58/100 and a GF Value™ of ฿2.06 (Fairly Valued). The stock has 6 warning signs investors should review. Among 432 Furnishings, Fixtures & Appliances companies, Modernform Group PCL ranks better than 55.56% on this metric.

Net margin is calculated as Net Income divided by its Revenue. Modernform Group PCL's Net Income for the three months ended in Mar. 2026 was ฿-17 Mil. Modernform Group PCL's Revenue for the three months ended in Mar. 2026 was ฿448 Mil. Therefore, Modernform Group PCL's net margin for the quarter that ended in Mar. 2026 was -3.82%.

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

BKK:MODERN' s Net Margin % Range Over the Past 10 Years
Min: 1.62   Med: 4.45   Max: 7
Current: 3.67


BKK:MODERN's Net Margin % is ranked better than
55.56% of 432 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 2.65 vs BKK:MODERN: 3.67

Modernform Group PCL  (BKK:MODERN) 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.


Modernform Group PCL Net Margin % Related Terms


Modernform Group PCL Net Margin % Historical Data

* Premium members only.

The historical data trend for Modernform Group 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.

Modernform Group PCL Net Margin % Chart

Modernform Group 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 3.71 1.62 2.38 5.44 4.75

Modernform Group 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 1.45 1.71 3.10 11.11 -3.82

BKK:MODERN vs SN, SGI, MHK: Net Margin % Comparison

For the Furnishings, Fixtures & Appliances subindustry, Modernform Group 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.


Modernform Group PCL Net Margin % vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Modernform Group PCL's Net Margin % distribution charts can be found below:

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


BKK:MODERN
58GF Score
Modernform Group PCL BKK:MODERN
Net Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Modernform Group 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.

Modernform Group 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 )
=102.892/2168.112
=4.75 %

Modernform Group 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 )
=-17.121/447.956
=-3.82 %

* 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 -3.82% mean?
Modernform Group PCL (BKK:MODERN) has a Net Margin % of -3.82% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on Modernform Group PCL and its competitors. Over the past decade, Modernform Group PCL's Net Margin % has ranged from 1.62 to 7.00. According to the industry distribution chart, Modernform Group PCL ranks #192 out of 432 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 44.4%.
Is Modernform Group PCL's Net Margin % too high?
Modernform Group PCL's current Net Margin % is -3.82%. Over the past 10 years, this metric has ranged from a low of 1.62 to a high of 7.00. Based on the distribution chart, Modernform Group PCL ranks #192 out of 432 companies in the Furnishings, Fixtures & Appliances industry, which is above the industry midpoint. Overall, Modernform Group PCL has a GF Score™ of 58/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Modernform Group PCL's Net Margin % compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Modernform Group PCL ranks #192 out of 432 companies for Net Margin %. This puts Modernform Group PCL in the upper half of its industry. The industry median Net Margin % is 2.65. Historically, Modernform Group PCL's own Net Margin % has ranged from 1.62 to 7.00 over the past decade. 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 Furnishings, Fixtures & Appliances company?
The median Net Margin % among Furnishings, Fixtures & Appliances companies is 2.65, based on 432 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 Modernform Group PCL and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Net Margin % is 2.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Modernform Group PCL's current Net Margin % is -3.82%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Modernform Group PCL stock overvalued right now?
Based on GuruFocus' analysis, Modernform Group PCL (BKK:MODERN) is currently considered Fairly Valued. The stock's GF Value™ is ฿2.06, compared to a current price of ฿2.04 — trading 1% below its estimated fair value. The current Net Margin % is -3.82%. Modernform Group PCL's overall GF Score™ is 58/100 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 Modernform Group PCL (BKK:MODERN), the current Net Margin % is -3.82% 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 Modernform Group PCL (BKK:MODERN) Overvalued in 2026?

Based on GuruFocus' analysis, Modernform Group PCL stock appears to be undervalued. The current stock price of ฿2.04 is trading 1% below its estimated GF Value™ of ฿2.06. GuruFocus considers Modernform Group PCL to be Fairly Valued.

Key valuation signals for BKK:MODERN:

  • Net Margin %: -3.82%
  • GF Value™: ฿2.06 vs. price of ฿2.04 (1% below fair value)
  • GF Score™: 58/100 with 6 warning signs

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


Modernform Group PCL Business Description

Address 699 Srinakarindr Road, Modernform Tower, 1st - 4th Floor, Phatthanakan, Suan Luang, Bangkok, THA, 10250
Modernform Group PCL is involved in the manufacturing and distribution of home and office furniture. The business of the group is operated through four reportable segments: furniture business, furniture fitting and other materials business, rental and service business, and architectural design and construction business. A majority of its revenue is generated from the furniture business, which consists of office furniture products, residential furniture products, kitchen furniture products; bathroom furniture products, and others. All the operations functioned throughout the region of Thailand.
58GF Score

Get the complete analysis for BKK:MODERN

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

฿2.04
Price
฿2.06
GF Value