Thantawan Industry PCL (BKK:THIP-R) Net Margin %: 2.69% (As of Mar. 2026) — 69% Below Median


BKK:THIP-R Thantawan Industry PCL BKK:THIP-R
72 GF Score
Price ฿23.00
GF Value ฿36.74
! 6 Warning Signs
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What is Thantawan Industry PCL Net Margin %?

Thantawan Industry PCL BKK:THIP-R 72 Net Margin % is 2.69% as of Mar. 2026, which is 69% below its 10-year median of 8.69. GuruFocus rates BKK:THIP-R with a GF Score™ of 72/100 and a GF Value™ of ฿36.74. The stock has 6 warning signs investors should review. Among 394 Packaging & Containers companies, Thantawan Industry PCL ranks worse than 54.06% on this metric.

Net margin is calculated as Net Income divided by its Revenue. Thantawan Industry PCL's Net Income for the three months ended in Mar. 2026 was ฿28 Mil. Thantawan Industry PCL's Revenue for the three months ended in Mar. 2026 was ฿1,033 Mil. Therefore, Thantawan Industry PCL's net margin for the quarter that ended in Mar. 2026 was 2.69%.

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

BKK:THIP-R' s Net Margin % Range Over the Past 10 Years
Min: 3.22   Med: 8.69   Max: 12.1
Current: 3.22


BKK:THIP-R's Net Margin % is ranked worse than
54.06% of 394 companies
in the Packaging & Containers industry
Industry Median: 3.53 vs BKK:THIP-R: 3.22

Thantawan Industry PCL  (BKK:THIP-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.


Thantawan Industry PCL Net Margin % Related Terms


Thantawan Industry PCL Net Margin % Historical Data

* Premium members only.

The historical data trend for Thantawan Industry 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.

Thantawan Industry PCL Net Margin % Chart

Thantawan Industry 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 10.18 8.91 8.46 7.69 4.28

Thantawan Industry 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 6.80 4.92 1.56 3.50 2.69

BKK:THIP-R vs SW, PKG, AMCR: Net Margin % Comparison

For the Packaging & Containers subindustry, Thantawan Industry 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.


Thantawan Industry PCL Net Margin % vs Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Thantawan Industry PCL's Net Margin % distribution charts can be found below:

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


BKK:THIP-R
72GF Score
Thantawan Industry PCL BKK:THIP-R
Net Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Thantawan Industry 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.

Thantawan Industry 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 )
=206.686/4830.028
=4.28 %

Thantawan Industry 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 )
=27.825/1032.597
=2.69 %

* 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 2.69% mean?
Thantawan Industry PCL (BKK:THIP-R) has a Net Margin % of 2.69% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on Thantawan Industry PCL and its competitors. This is 69% below median its historical median of 8.69. Over the past decade, Thantawan Industry PCL's Net Margin % has ranged from 3.22 to 12.10. According to the industry distribution chart, Thantawan Industry PCL ranks #213 out of 394 companies in the Packaging & Containers industry, placing it in the top 54.1%.
Is Thantawan Industry PCL's Net Margin % too high?
Thantawan Industry PCL's current Net Margin % of 2.69% is 69% below median its 10-year median of 8.69. Over the past 10 years, this metric has ranged from a low of 3.22 to a high of 12.10. The Packaging & Containers industry median Net Margin % is 3.53. Thantawan Industry PCL's value of 2.69% is 23.8% below this industry median. Based on the distribution chart, Thantawan Industry PCL ranks #213 out of 394 companies in the Packaging & Containers industry, which is below the industry midpoint. Overall, Thantawan Industry PCL has a GF Score™ of 72/100, reflecting its overall financial health beyond just this single metric.
How does Thantawan Industry PCL's Net Margin % compare to SW and PKG?
According to the Packaging & Containers industry distribution chart, Thantawan Industry PCL ranks #213 out of 394 companies for Net Margin %. This places Thantawan Industry PCL in the lower half of its industry. The industry median Net Margin % is 3.53. Thantawan Industry PCL's value of 2.69% is 23.8% below this benchmark. Historically, Thantawan Industry PCL's own Net Margin % has ranged from 3.22 to 12.10 over the past decade. While the company's 10-year median is 8.69 vs. the industry median of 3.53, Thantawan Industry 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 Packaging & Containers company?
The median Net Margin % among Packaging & Containers companies is 3.53, based on 394 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. Thantawan Industry PCL's current Net Margin % of 2.69% is 23.8% 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 Thantawan Industry PCL and its competitors. For the Packaging & Containers industry, the median Net Margin % is 3.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thantawan Industry PCL's current Net Margin % is 2.69%, which is 69% below median its own 10-year median of 8.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thantawan Industry PCL stock overvalued right now?
Thantawan Industry PCL (BKK:THIP-R) has a current Net Margin % of 2.69%. The stock's GF Value™ is ฿36.74, compared to a current price of ฿23.00 — trading 37.4% below its estimated fair value. The current Net Margin % is 2.69%, which is 69% below median its 10-year median of 8.69 and 23.8% below the Packaging & Containers industry median of 3.53. Thantawan Industry PCL's overall GF Score™ is 72/100 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 Thantawan Industry PCL (BKK:THIP-R), the current Net Margin % is 2.69% 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 Thantawan Industry PCL (BKK:THIP-R) Overvalued in 2026?

Based on GuruFocus' analysis, Thantawan Industry PCL stock appears to be undervalued. The current stock price of ฿23.00 is trading 37.4% below its estimated GF Value™ of ฿36.74.

Key valuation signals for BKK:THIP-R:

  • Net Margin %: 2.69% (69% below median its 10-year median of 8.69)
  • GF Value™: ฿36.74 vs. price of ฿23.00 (37.4% below fair value)
  • GF Score™: 72/100 with 6 warning signs
  • Industry Position: 23.8% below the Packaging & Containers median (#213 of 394)

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


Thantawan Industry PCL Business Description

Other Exchanges THIP:Thailand
Address Soi Kangwal 2, Phetkasem Road, 143-144, Moo 8, Omyai, Sampran, Nakornpathom, THA, 73160
Thantawan Industry PCL is a Thailand-based company that engages in the manufacturing and selling of plastic products, such as general plastic bags, thin bags, and drinking straws. The Group manufactures and sells plastic products, which are divided into two main products: plastic bags and straw products. Other products are Zipper tape and resin scrap, etc. Key revenue is generated from Plastic bag. The geographical area of its operation is Thailand and Vietnam.
72GF Score

Get the complete analysis for BKK:THIP-R

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

฿23.00
Price
฿36.74
GF Value