Ocean Glass PCLBKK:OGC 59 Net Margin % is -10.14% as of Mar. 2026. GuruFocus rates BKK:OGC with a GF Score™ of 59/100 and a GF Value™ of ฿18.45 (Possible Value Trap). The stock has 8 warning signs investors should review. Among 429 Furnishings, Fixtures & Appliances companies, Ocean Glass PCL ranks worse than 81.82% on this metric.
Net margin is calculated as Net Income divided by its Revenue. Ocean Glass PCL's Net Income for the
three
months ended in Mar. 2026 was ฿-40 Mil. Ocean Glass PCL's Revenue for the
three
months ended in Mar. 2026 was ฿392 Mil. Therefore, Ocean Glass PCL's net margin for the quarter that ended in Mar. 2026 was -10.14%.
The historical rank and industry rank for Ocean Glass PCL's Net Margin % or its related term are showing as below:
BKK:OGC'
s Net Margin % Range Over the Past 10 Years
Min: -22.12 Med: 0.84 Max: 4.64
Current: -6.39
BKK:OGC's Net Margin % is ranked worse than 81.82% of 429
companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 2.58
vs BKK:OGC: -6.39
Ocean Glass PCL (BKK:OGC) 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.
Ocean Glass PCL Net Margin % Related Terms
Ocean Glass PCL Net Margin % Historical Data
* Premium members only.
The historical data trend for Ocean Glass 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.
For the Furnishings, Fixtures & Appliances subindustry, Ocean Glass 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.
Ocean Glass PCL Net Margin % vs Furnishings, Fixtures & Appliances Industry
For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Ocean Glass PCL's Net Margin % distribution charts can be found below:
* The bar in red indicates where Ocean Glass 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.
Ocean Glass PCL (BKK:OGC) has a Net Margin % of -10.14% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on Ocean Glass PCL and its competitors. According to the industry distribution chart, Ocean Glass PCL ranks #351 out of 429 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 81.8%.
Is Ocean Glass PCL's Net Margin % too high?
Ocean Glass PCL's current Net Margin % is -10.14%. Based on the distribution chart, Ocean Glass PCL ranks #351 out of 429 companies in the Furnishings, Fixtures & Appliances industry, which is in the bottom quartile relative to peers. Overall, Ocean Glass PCL has a GF Score™ of 59/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Ocean Glass PCL's Net Margin % compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Ocean Glass PCL ranks #351 out of 429 companies for Net Margin %. This places Ocean Glass PCL in the lower half of its industry. The industry median Net Margin % is 2.58. 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 2.58, based on 429 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 Ocean Glass PCL and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Net Margin % is 2.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ocean Glass PCL's current Net Margin % is -10.14%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ocean Glass PCL stock overvalued right now?
Based on GuruFocus' analysis, Ocean Glass PCL (BKK:OGC) is currently considered Possible Value Trap. The stock's GF Value™ is ฿18.45, compared to a current price of ฿9.70 — trading 47.4% below its estimated fair value. The current Net Margin % is -10.14%. Ocean Glass PCL's overall GF Score™ is 59/100 with 8 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 Ocean Glass PCL (BKK:OGC), the current Net Margin % is -10.14% 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 Ocean Glass PCL (BKK:OGC) Overvalued in 2026?
Based on GuruFocus' analysis, Ocean Glass PCL stock appears to be undervalued.
The current stock price of ฿9.70 is trading 47.4% below its estimated GF Value™ of ฿18.45.
GuruFocus considers Ocean Glass PCL to be Possible Value Trap.
Key valuation signals for BKK:OGC:
Net Margin %: -10.14%
GF Value™: ฿18.45 vs. price of ฿9.70 (47.4% below fair value)
No single metric tells the full story. See the BKK:OGC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ocean Glass PCL is a Thailand-based company that manufactures and sells table glassware. The company manufactures glassware for families, food service operators, companies, and brands who want to personalize their own glassware as gifts or souvenirs. Its offering includes all kinds of glasses such as drinking glasses, wine glasses, beer glasses, juice glasses and dining glass sets. It sells its products under the brands Ocean and Lucaris. Its market coverage includes Thailand and Overseas markets, with the majority of the revenue generated from overseas sales.
59GF Score
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