TCM PCLBKK:TCMC -6.06%29 Net Margin % is -9.99% as of Mar. 2026. GuruFocus rates BKK:TCMC with a GF Score™ of 29/100 and a GF Value™ of ฿0.45 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 1,034 Manufacturing - Apparel & Accessories companies, TCM PCL ranks worse than 90.62% on this metric.
Net margin is calculated as Net Income divided by its Revenue. TCM PCL's Net Income for the
three
months ended in Mar. 2026 was ฿-81 Mil. TCM PCL's Revenue for the
three
months ended in Mar. 2026 was ฿809 Mil. Therefore, TCM PCL's net margin for the quarter that ended in Mar. 2026 was -9.99%.
The historical rank and industry rank for TCM PCL's Net Margin % or its related term are showing as below:
BKK:TCMC'
s Net Margin % Range Over the Past 10 Years
Min: -19.07 Med: 0.22 Max: 4.5
Current: -19.07
BKK:TCMC's Net Margin % is ranked worse than 90.62% of 1034
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 2.57
vs BKK:TCMC: -19.07
TCM PCL (BKK:TCMC) 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.
TCM PCL Net Margin % Related Terms
TCM PCL Net Margin % Historical Data
* Premium members only.
The historical data trend for TCM 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 Textile Manufacturing subindustry, TCM 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.
TCM PCL Net Margin % vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, TCM PCL's Net Margin % distribution charts can be found below:
* The bar in red indicates where TCM 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.
TCM PCL (BKK:TCMC) has a Net Margin % of -9.99% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on TCM PCL and its competitors. According to the industry distribution chart, TCM PCL ranks #937 out of 1034 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 90.6%.
Is TCM PCL's Net Margin % too high?
TCM PCL's current Net Margin % is -9.99%. Based on the distribution chart, TCM PCL ranks #937 out of 1034 companies in the Manufacturing - Apparel & Accessories industry, which is in the bottom quartile relative to peers. Overall, TCM PCL has a GF Score™ of 29/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does TCM PCL's Net Margin % compare to AIN?
According to the Manufacturing - Apparel & Accessories industry distribution chart, TCM PCL ranks #937 out of 1034 companies for Net Margin %. This places TCM PCL in the lower half of its industry. The industry median Net Margin % is 2.57. 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 Manufacturing - Apparel & Accessories company?
The median Net Margin % among Manufacturing - Apparel & Accessories companies is 2.57, based on 1,034 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 TCM PCL and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Net Margin % is 2.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TCM PCL's current Net Margin % is -9.99%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TCM PCL stock overvalued right now?
Based on GuruFocus' analysis, TCM PCL (BKK:TCMC) is currently considered Possible Value Trap. The stock's GF Value™ is ฿0.45, compared to a current price of ฿0.31 — trading 31.1% below its estimated fair value. The current Net Margin % is -9.99%. TCM PCL's overall GF Score™ is 29/100 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 TCM PCL (BKK:TCMC), the current Net Margin % is -9.99% 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 TCM PCL (BKK:TCMC) Overvalued in 2026?
Based on GuruFocus' analysis, TCM PCL stock appears to be undervalued.
The current stock price of ฿0.31 is trading 31.1% below its estimated GF Value™ of ฿0.45.
GuruFocus considers TCM PCL to be Possible Value Trap.
Key valuation signals for BKK:TCMC:
Net Margin %: -9.99%
GF Value™: ฿0.45 vs. price of ฿0.31 (31.1% below fair value)
No single metric tells the full story. See the BKK:TCMC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
TCM Corp PCL is a Thailand-based manufacturer, distributor, and seller of various types of rugs and carpets. The company operates through three segments, The Surface segment includes hand-woven and machine-woven carpet for indoor decoration including the flooring materials; the Living segment consisting sofa chairs for interior decoration, and the Automotive segment comprises carpet for the floors inside vehicles, vehicles upholstery fabrics. The company derives maximum revenue from the Surface Segment. It has a business presence in Thailand, United Kingdom, and other countries.
29GF Score
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