Union Pioneer PCLBKK:UPF 60 Net Margin % is 2.25% as of Mar. 2026, which is 32% below its 10-year median of 3.29. GuruFocus rates BKK:UPF with a GF Score™ of 60/100 and a GF Value™ of ฿29.54 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,034 Manufacturing - Apparel & Accessories companies, Union Pioneer PCL ranks worse than 74.56% on this metric.
Union Pioneer PCL (BKK:UPF) 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.
Union Pioneer PCL Net Margin % Related Terms
Union Pioneer PCL Net Margin % Historical Data
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The historical data trend for Union Pioneer 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, Union Pioneer 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.
Union Pioneer PCL Net Margin % vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Union Pioneer PCL's Net Margin % distribution charts can be found below:
* The bar in red indicates where Union Pioneer 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.
Union Pioneer PCL (BKK:UPF) has a Net Margin % of 2.25% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on Union Pioneer PCL and its competitors. This is 32% below median its historical median of 3.29. According to the industry distribution chart, Union Pioneer PCL ranks #771 out of 1034 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 74.6%.
Is Union Pioneer PCL's Net Margin % too high?
Union Pioneer PCL's current Net Margin % of 2.25% is 32% below median its 10-year median of 3.29. The Manufacturing - Apparel & Accessories industry median Net Margin % is 2.58. Union Pioneer PCL's value of 2.25% is 12.8% below this industry median. Based on the distribution chart, Union Pioneer PCL ranks #771 out of 1034 companies in the Manufacturing - Apparel & Accessories industry, which is below the industry midpoint. Overall, Union Pioneer PCL has a GF Score™ of 60/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Union Pioneer PCL's Net Margin % compare to AIN?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Union Pioneer PCL ranks #771 out of 1034 companies for Net Margin %. This places Union Pioneer PCL in the lower half of its industry. The industry median Net Margin % is 2.58. Union Pioneer PCL's value of 2.25% is 12.8% below this benchmark. While the company's 10-year median is 3.29 vs. the industry median of 2.58, Union Pioneer 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 Manufacturing - Apparel & Accessories company?
The median Net Margin % among Manufacturing - Apparel & Accessories companies is 2.58, 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. Union Pioneer PCL's current Net Margin % of 2.25% is 12.8% 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 Union Pioneer PCL and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Net Margin % is 2.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Union Pioneer PCL's current Net Margin % is 2.25%, which is 32% below median its own 10-year median of 3.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Union Pioneer PCL stock overvalued right now?
Based on GuruFocus' analysis, Union Pioneer PCL (BKK:UPF) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿29.54, compared to a current price of ฿21.00 — trading 28.9% below its estimated fair value. The current Net Margin % is 2.25%, which is 32% below median its 10-year median of 3.29 and 12.8% below the Manufacturing - Apparel & Accessories industry median of 2.58. Union Pioneer PCL's overall GF Score™ is 60/100 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 Union Pioneer PCL (BKK:UPF), the current Net Margin % is 2.25% 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 Union Pioneer PCL (BKK:UPF) Overvalued in 2026?
Based on GuruFocus' analysis, Union Pioneer PCL stock appears to be undervalued.
The current stock price of ฿21.00 is trading 28.9% below its estimated GF Value™ of ฿29.54.
GuruFocus considers Union Pioneer PCL to be Modestly Undervalued.
Key valuation signals for BKK:UPF:
Net Margin %: 2.25% (32% below median its 10-year median of 3.29)
GF Value™: ฿29.54 vs. price of ฿21.00 (28.9% below fair value)
Industry Position: 12.8% below the Manufacturing - Apparel & Accessories median (#771 of 1034)
No single metric tells the full story. See the BKK:UPF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Union Pioneer PCL is principally engaged in the manufacture and distribution of finished elastic products. It offers products such as Rubber thread and tape, Elastic braid, Elastic webbing and crochet, and covering yarn, among other products. The majority of the company's products are the raw materials for other products, such as the baby-adult diaper industry, garment industry, or other uses, depending on the nature of the business of the customers. Geographically, the company derives revenue from Thailand, the United States, and other countries.
60GF Score
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