TMT Steel PCLBKK:TMT -1.18%70 Net Margin % is 2.18% as of Mar. 2026, which is 8% above its 10-year median of 2.01. GuruFocus rates BKK:TMT with a GF Score™ of 70/100 and a GF Value™ of ฿3.59 (Fairly Valued). The stock has 5 warning signs investors should review. Among 612 Steel companies, TMT Steel PCL ranks worse than 61.6% on this metric.
Net margin is calculated as Net Income divided by its Revenue. TMT Steel PCL's Net Income for the
three
months ended in Mar. 2026 was ฿102 Mil. TMT Steel PCL's Revenue for the
three
months ended in Mar. 2026 was ฿4,693 Mil. Therefore, TMT Steel PCL's net margin for the quarter that ended in Mar. 2026 was 2.18%.
The historical rank and industry rank for TMT Steel PCL's Net Margin % or its related term are showing as below:
BKK:TMT'
s Net Margin % Range Over the Past 10 Years
Min: -0.22 Med: 2.01 Max: 7.31
Current: 0.8
BKK:TMT's Net Margin % is ranked worse than 61.6% of 612
companies
in the Steel industry
Industry Median: 1.86
vs BKK:TMT: 0.80
TMT Steel PCL (BKK:TMT) 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.
TMT Steel PCL Net Margin % Related Terms
TMT Steel PCL Net Margin % Historical Data
* Premium members only.
The historical data trend for TMT Steel 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 Steel subindustry, TMT Steel 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.
TMT Steel PCL Net Margin % vs Steel Industry
For the Steel industry and Basic Materials sector, TMT Steel PCL's Net Margin % distribution charts can be found below:
* The bar in red indicates where TMT Steel 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.
TMT Steel PCL (BKK:TMT) has a Net Margin % of 2.18% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on TMT Steel PCL and its competitors. This is near median its historical median of 2.01. According to the industry distribution chart, TMT Steel PCL ranks #377 out of 612 companies in the Steel industry, placing it in the top 61.6%.
Is TMT Steel PCL's Net Margin % too high?
TMT Steel PCL's current Net Margin % of 2.18% is near median its 10-year median of 2.01. The Steel industry median Net Margin % is 1.86. TMT Steel PCL's value of 2.18% is 17.2% above this industry median. Based on the distribution chart, TMT Steel PCL ranks #377 out of 612 companies in the Steel industry, which is below the industry midpoint. Overall, TMT Steel PCL has a GF Score™ of 70/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does TMT Steel PCL's Net Margin % compare to NUE and STLD?
According to the Steel industry distribution chart, TMT Steel PCL ranks #377 out of 612 companies for Net Margin %. This places TMT Steel PCL in the lower half of its industry. The industry median Net Margin % is 1.86. TMT Steel PCL's value of 2.18% is 17.2% above this benchmark. While the company's 10-year median is 2.01 vs. the industry median of 1.86, TMT Steel 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 Steel company?
The median Net Margin % among Steel companies is 1.86, based on 612 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. TMT Steel PCL's current Net Margin % of 2.18% is 17.2% 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 TMT Steel PCL and its competitors. For the Steel industry, the median Net Margin % is 1.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TMT Steel PCL's current Net Margin % is 2.18%, which is near median its own 10-year median of 2.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TMT Steel PCL stock overvalued right now?
Based on GuruFocus' analysis, TMT Steel PCL (BKK:TMT) is currently considered Fairly Valued. The stock's GF Value™ is ฿3.59, compared to a current price of ฿3.36 — trading 6.4% below its estimated fair value. The current Net Margin % is 2.18%, which is near median its 10-year median of 2.01 and 17.2% above the Steel industry median of 1.86. TMT Steel PCL's overall GF Score™ is 70/100 with 5 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 TMT Steel PCL (BKK:TMT), the current Net Margin % is 2.18% 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 TMT Steel PCL (BKK:TMT) Overvalued in 2026?
Based on GuruFocus' analysis, TMT Steel PCL stock appears to be undervalued.
The current stock price of ฿3.36 is trading 6.4% below its estimated GF Value™ of ฿3.59.
GuruFocus considers TMT Steel PCL to be Fairly Valued.
Key valuation signals for BKK:TMT:
Net Margin %: 2.18% (near median its 10-year median of 2.01)
GF Value™: ฿3.59 vs. price of ฿3.36 (6.4% below fair value)
Industry Position: 17.2% above the Steel median (#377 of 612)
No single metric tells the full story. See the BKK:TMT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
TMT Steel PCL operates as a total steel solutions provider. It is engaged in fabricating and selling structural steel plates and sheets. The company offers flat products, including hot-rolled steel, plate steel, slit steel coil, flat iron, steel pipe, round steel bar, and others. In addition, it also provides steel processing and cold-forming services. Geographically the business activity functions through the region of Thailand.
70GF Score
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