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Thai Wah PCLBKK:TWPC 72 Net Margin % is 5.01% as of Mar. 2026, which is 127% above its 10-year median of 2.21. GuruFocus rates BKK:TWPC with a GF Score™ of 72/100 and a GF Value™ of ฿2.94 (Fairly Valued). The stock has 7 warning signs investors should review. Among 1,953 Consumer Packaged Goods companies, Thai Wah PCL ranks worse than 57.65% on this metric.
Net margin is calculated as Net Income divided by its Revenue. Thai Wah PCL's Net Income for the
three
months ended in Mar. 2026 was ฿121 Mil. Thai Wah PCL's Revenue for the
three
months ended in Mar. 2026 was ฿2,419 Mil. Therefore, Thai Wah PCL's net margin for the quarter that ended in Mar. 2026 was 5.01%.
The historical rank and industry rank for Thai Wah PCL's Net Margin % or its related term are showing as below:
BKK:TWPC'
s Net Margin % Range Over the Past 10 Years
Min: -0.71 Med: 2.21 Max: 10.86
Current: 2.21
BKK:TWPC's Net Margin % is ranked worse than 57.65% of 1953
companies
in the Consumer Packaged Goods industry
Industry Median: 3.51
vs BKK:TWPC: 2.21
Thai Wah PCL (BKK:TWPC) 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.
Thai Wah PCL Net Margin % Related Terms
Thai Wah PCL Net Margin % Historical Data
* Premium members only.
The historical data trend for Thai Wah 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 Packaged Foods subindustry, Thai Wah 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.
Thai Wah PCL Net Margin % vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Thai Wah PCL's Net Margin % distribution charts can be found below:
* The bar in red indicates where Thai Wah 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.
Thai Wah PCL (BKK:TWPC) has a Net Margin % of 5.01% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on Thai Wah PCL and its competitors. This is 127% above median its historical median of 2.21. According to the industry distribution chart, Thai Wah PCL ranks #1126 out of 1953 companies in the Consumer Packaged Goods industry, placing it in the top 57.7%.
Is Thai Wah PCL's Net Margin % too high?
Thai Wah PCL's current Net Margin % of 5.01% is 127% above median its 10-year median of 2.21. The Consumer Packaged Goods industry median Net Margin % is 3.51. Thai Wah PCL's value of 5.01% is 42.7% above this industry median. Based on the distribution chart, Thai Wah PCL ranks #1126 out of 1953 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, Thai Wah PCL has a GF Score™ of 72/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Thai Wah PCL's Net Margin % compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Thai Wah PCL ranks #1126 out of 1953 companies for Net Margin %. This places Thai Wah PCL in the lower half of its industry. The industry median Net Margin % is 3.51. Thai Wah PCL's value of 5.01% is 42.7% above this benchmark. While the company's 10-year median is 2.21 vs. the industry median of 3.51, Thai Wah 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 Consumer Packaged Goods company?
The median Net Margin % among Consumer Packaged Goods companies is 3.51, based on 1,953 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. Thai Wah PCL's current Net Margin % of 5.01% is 42.7% 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 Thai Wah PCL and its competitors. For the Consumer Packaged Goods industry, the median Net Margin % is 3.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thai Wah PCL's current Net Margin % is 5.01%, which is 127% above median its own 10-year median of 2.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thai Wah PCL stock overvalued right now?
Based on GuruFocus' analysis, Thai Wah PCL (BKK:TWPC) is currently considered Fairly Valued. The stock's GF Value™ is ฿2.94, compared to a current price of ฿2.88 — trading 2% below its estimated fair value. The current Net Margin % is 5.01%, which is 127% above median its 10-year median of 2.21 and 42.7% above the Consumer Packaged Goods industry median of 3.51. Thai Wah PCL's overall GF Score™ is 72/100 with 7 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 Thai Wah PCL (BKK:TWPC), the current Net Margin % is 5.01% 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 Thai Wah PCL (BKK:TWPC) Overvalued in 2026?
Based on GuruFocus' analysis, Thai Wah PCL stock appears to be undervalued.
The current stock price of ฿2.88 is trading 2% below its estimated GF Value™ of ฿2.94.
GuruFocus considers Thai Wah PCL to be Fairly Valued.
Key valuation signals for BKK:TWPC:
Net Margin %: 5.01% (127% above median its 10-year median of 2.21)
GF Value™: ฿2.94 vs. price of ฿2.88 (2% below fair value)
Industry Position: 42.7% above the Consumer Packaged Goods median (#1126 of 1953)
No single metric tells the full story. See the BKK:TWPC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Thai Wah PCL is engaged in the manufacture and distribution of vermicelli, tapioca starch and other food products. Its products include Starch & Starch-Related Products such as Tapioca Flour & Starch, Modified Starch, Glucose Syrup, Tapioca Pearl, Alpha Starch, Rice Flour & Starch, and Organic Products; Food Products such as Bean Vermicelli, Rice Noodles, Rice Vermicelli, Starch, Flour And Pearl, and Meal Kit And Instant Noodles. Its segments include the manufacture and distribution of starch, the manufacture and distribution of vermicelli and other food products, and the manufacture and distribution of other agricultural products.
72GF Score
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Net Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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