Synnex (Thailand) PCL (BKK:SYNEX-R) Net Margin %: 1.96% (As of Mar. 2026) — Near Median


BKK:SYNEX-R Synnex (Thailand) PCL BKK:SYNEX-R
84 GF Score
Price ฿12.17
GF Value ฿18.29
! 4 Warning Signs
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What is Synnex (Thailand) PCL Net Margin %?

Synnex (Thailand) PCL BKK:SYNEX-R 84 Net Margin % is 1.96% as of Mar. 2026, which is 9% above its 10-year median of 1.80. GuruFocus rates BKK:SYNEX-R with a GF Score™ of 84/100 and a GF Value™ of ฿18.29. The stock has 4 warning signs investors should review. Among 2,472 Hardware companies, Synnex (Thailand) PCL ranks worse than 56.63% on this metric.

Net margin is calculated as Net Income divided by its Revenue. Synnex (Thailand) PCL's Net Income for the three months ended in Mar. 2026 was ฿221 Mil. Synnex (Thailand) PCL's Revenue for the three months ended in Mar. 2026 was ฿11,312 Mil. Therefore, Synnex (Thailand) PCL's net margin for the quarter that ended in Mar. 2026 was 1.96%.

The historical rank and industry rank for Synnex (Thailand) PCL's Net Margin % or its related term are showing as below:

BKK:SYNEX-R' s Net Margin % Range Over the Past 10 Years
Min: 1.41   Med: 1.8   Max: 2.32
Current: 1.69


BKK:SYNEX-R's Net Margin % is ranked worse than
56.63% of 2472 companies
in the Hardware industry
Industry Median: 2.7 vs BKK:SYNEX-R: 1.69

Synnex (Thailand) PCL  (BKK:SYNEX-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.


Synnex (Thailand) PCL Net Margin % Related Terms


Synnex (Thailand) PCL Net Margin % Historical Data

* Premium members only.

The historical data trend for Synnex (Thailand) 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.

Synnex (Thailand) PCL Net Margin % Chart

Synnex (Thailand) 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 2.32 2.09 1.41 1.50 1.62

Synnex (Thailand) 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 1.69 1.63 1.64 1.55 1.96

BKK:SYNEX-R vs SNX, ARW, AVT: Net Margin % Comparison

For the Electronics & Computer Distribution subindustry, Synnex (Thailand) 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.


Synnex (Thailand) PCL Net Margin % vs Hardware Industry

For the Hardware industry and Technology sector, Synnex (Thailand) PCL's Net Margin % distribution charts can be found below:

* The bar in red indicates where Synnex (Thailand) PCL's Net Margin % falls into.


BKK:SYNEX-R
84GF Score
Synnex (Thailand) PCL BKK:SYNEX-R
Net Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Synnex (Thailand) 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.

Synnex (Thailand) 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 )
=769.786/47392.87
=1.62 %

Synnex (Thailand) 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 )
=221.377/11311.986
=1.96 %

* 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 1.96% mean?
Synnex (Thailand) PCL (BKK:SYNEX-R) has a Net Margin % of 1.96% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on Synnex (Thailand) PCL and its competitors. This is near median its historical median of 1.80. Over the past decade, Synnex (Thailand) PCL's Net Margin % has ranged from 1.41 to 2.32. According to the industry distribution chart, Synnex (Thailand) PCL ranks #1400 out of 2472 companies in the Hardware industry, placing it in the top 56.6%.
Is Synnex (Thailand) PCL's Net Margin % too high?
Synnex (Thailand) PCL's current Net Margin % of 1.96% is near median its 10-year median of 1.80. Over the past 10 years, this metric has ranged from a low of 1.41 to a high of 2.32. The Hardware industry median Net Margin % is 2.70. Synnex (Thailand) PCL's value of 1.96% is 27.4% below this industry median. Based on the distribution chart, Synnex (Thailand) PCL ranks #1400 out of 2472 companies in the Hardware industry, which is below the industry midpoint. Overall, Synnex (Thailand) PCL has a GF Score™ of 84/100, reflecting its overall financial health beyond just this single metric.
How does Synnex (Thailand) PCL's Net Margin % compare to SNX and ARW?
According to the Hardware industry distribution chart, Synnex (Thailand) PCL ranks #1400 out of 2472 companies for Net Margin %. This places Synnex (Thailand) PCL in the lower half of its industry. The industry median Net Margin % is 2.70. Synnex (Thailand) PCL's value of 1.96% is 27.4% below this benchmark. Historically, Synnex (Thailand) PCL's own Net Margin % has ranged from 1.41 to 2.32 over the past decade. While the company's 10-year median is 1.80 vs. the industry median of 2.70, Synnex (Thailand) PCL has consistently been below 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 2,472 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. Synnex (Thailand) PCL's current Net Margin % of 1.96% is 27.4% below 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 Synnex (Thailand) 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. Synnex (Thailand) PCL's current Net Margin % is 1.96%, which is near median its own 10-year median of 1.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Synnex (Thailand) PCL stock overvalued right now?
Synnex (Thailand) PCL (BKK:SYNEX-R) has a current Net Margin % of 1.96%. The stock's GF Value™ is ฿18.29, compared to a current price of ฿12.17 — trading 33.4% below its estimated fair value. The current Net Margin % is 1.96%, which is near median its 10-year median of 1.80 and 27.4% below the Hardware industry median of 2.70. Synnex (Thailand) PCL's overall GF Score™ is 84/100 with 4 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 Synnex (Thailand) PCL (BKK:SYNEX-R), the current Net Margin % is 1.96% 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 Synnex (Thailand) PCL (BKK:SYNEX-R) Overvalued in 2026?

Based on GuruFocus' analysis, Synnex (Thailand) PCL stock appears to be undervalued. The current stock price of ฿12.17 is trading 33.4% below its estimated GF Value™ of ฿18.29.

Key valuation signals for BKK:SYNEX-R:

  • Net Margin %: 1.96% (near median its 10-year median of 1.80)
  • GF Value™: ฿18.29 vs. price of ฿12.17 (33.4% below fair value)
  • GF Score™: 84/100 with 4 warning signs
  • Industry Position: 27.4% below the Hardware median (#1400 of 2472)

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


Synnex (Thailand) PCL Business Description

Other Exchanges SYNEX:Thailand
Address 433 Sukontasawat Road, Lardprao, Bangkok, THA, 10230
Synnex (Thailand) PCL is a Thailand-based company. It is engaged in the distribution of computers, IT systems, communication devices, other relevant services, retail, and service providers for an online platform. The company has one reportable segment which is the trading of computer components, communication devices and rendering of services segment. It only offers its services to the Thailand market.
84GF Score

Get the complete analysis for BKK:SYNEX-R

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

฿12.17
Price
฿18.29
GF Value