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Nforce Secure PCLBKK:SECURE -1.39%92 Net Margin % is 11.25% as of Mar. 2026, which is 40% above its 10-year median of 8.02. GuruFocus rates BKK:SECURE with a GF Score™ of 92/100 and a GF Value™ of ฿15.00 (Fairly Valued). The stock has 2 warning signs investors should review. Among 2,478 Hardware companies, Nforce Secure PCL ranks better than 78.89% on this metric.
The historical rank and industry rank for Nforce Secure PCL's Net Margin % or its related term are showing as below:
BKK:SECURE'
s Net Margin % Range Over the Past 10 Years
Min: 3.71 Med: 8.02 Max: 9.64
Current: 9.64
BKK:SECURE's Net Margin % is ranked better than 78.89% of 2478
companies
in the Hardware industry
Industry Median: 2.695
vs BKK:SECURE: 9.64
Nforce Secure PCL (BKK:SECURE) 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.
Nforce Secure PCL Net Margin % Related Terms
Nforce Secure PCL Net Margin % Historical Data
* Premium members only.
The historical data trend for Nforce Secure 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.
BKK:SECURE vs MSFT, ORCL, PLTR: Net Margin % Comparison
For the Electronics & Computer Distribution subindustry, Nforce Secure 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.
Nforce Secure PCL Net Margin % vs Hardware Industry
For the Hardware industry and Technology sector, Nforce Secure PCL's Net Margin % distribution charts can be found below:
* The bar in red indicates where Nforce Secure 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.
Nforce Secure PCL (BKK:SECURE) has a Net Margin % of 11.25% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on Nforce Secure PCL and its competitors. This is 40% above median its historical median of 8.02. Over the past decade, Nforce Secure PCL's Net Margin % has ranged from 3.71 to 9.64. According to the industry distribution chart, Nforce Secure PCL ranks #523 out of 2478 companies in the Hardware industry, placing it in the top 21.1%.
Is Nforce Secure PCL's Net Margin % too high?
Nforce Secure PCL's current Net Margin % of 11.25% is 40% above median its 10-year median of 8.02. Over the past 10 years, this metric has ranged from a low of 3.71 to a high of 9.64. The Hardware industry median Net Margin % is 2.70. Nforce Secure PCL's value of 11.25% is 317.4% above this industry median. Based on the distribution chart, Nforce Secure PCL ranks #523 out of 2478 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Nforce Secure PCL has a GF Score™ of 92/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Nforce Secure PCL's Net Margin % compare to MSFT and ORCL?
According to the Hardware industry distribution chart, Nforce Secure PCL ranks #523 out of 2478 companies for Net Margin %. This places Nforce Secure PCL in the top 21% of its industry — outperforming the majority of peers. The industry median Net Margin % is 2.70. Nforce Secure PCL's value of 11.25% is 317.4% above this benchmark. Historically, Nforce Secure PCL's own Net Margin % has ranged from 3.71 to 9.64 over the past decade. While the company's 10-year median is 8.02 vs. the industry median of 2.70, Nforce Secure 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 a Hardware company?
The median Net Margin % among Hardware companies is 2.70, based on 2,478 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. Nforce Secure PCL's current Net Margin % of 11.25% is 317.4% 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 Nforce Secure PCL and its competitors. For the Hardware industry, the median Net Margin % is 2.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nforce Secure PCL's current Net Margin % is 11.25%, which is 40% above median its own 10-year median of 8.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nforce Secure PCL stock overvalued right now?
Based on GuruFocus' analysis, Nforce Secure PCL (BKK:SECURE) is currently considered Fairly Valued. The stock's GF Value™ is ฿15.00, compared to a current price of ฿14.20 — trading 5.3% below its estimated fair value. The current Net Margin % is 11.25%, which is 40% above median its 10-year median of 8.02 and 317.4% above the Hardware industry median of 2.70. Nforce Secure PCL's overall GF Score™ is 92/100 with 2 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 Nforce Secure PCL (BKK:SECURE), the current Net Margin % is 11.25% 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 Nforce Secure PCL (BKK:SECURE) Overvalued in 2026?
Based on GuruFocus' analysis, Nforce Secure PCL stock appears to be undervalued.
The current stock price of ฿14.20 is trading 5.3% below its estimated GF Value™ of ฿15.00.
GuruFocus considers Nforce Secure PCL to be Fairly Valued.
Key valuation signals for BKK:SECURE:
Net Margin %: 11.25% (40% above median its 10-year median of 8.02)
GF Value™: ฿15.00 vs. price of ฿14.20 (5.3% below fair value)
Industry Position: 317.4% above the Hardware median (#523 of 2478)
No single metric tells the full story. See the BKK:SECURE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nforce Secure PCL is a distributor of cybersecurity solution products and offers other supporting services. It is mainly engaged in selling computer hardware and software, and all related equipment, network communication equipment and software, development of enterprise software and project management, and providing services for business consulting, risk assessment, planning, and training.
92GF Score
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