Vanachai Group PCL (BKK:VNG) Net Margin %: -9.43% (As of Mar. 2026)

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BKK:VNG Vanachai Group PCL BKK:VNG
68 GF Score
Price ฿2.16
GF Value ฿2.66
Valuation Modestly Undervalued
! 7 Warning Signs
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What is Vanachai Group PCL Net Margin %?

Vanachai Group PCL BKK:VNG 68 Net Margin % is -9.43% as of Mar. 2026. GuruFocus rates BKK:VNG with a GF Score™ of 68/100 and a GF Value™ of ฿2.66 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 283 Forest Products companies, Vanachai Group PCL ranks worse than 78.09% on this metric.

Net margin is calculated as Net Income divided by its Revenue. Vanachai Group PCL's Net Income for the three months ended in Mar. 2026 was ฿-239 Mil. Vanachai Group PCL's Revenue for the three months ended in Mar. 2026 was ฿2,537 Mil. Therefore, Vanachai Group PCL's net margin for the quarter that ended in Mar. 2026 was -9.43%.

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

BKK:VNG' s Net Margin % Range Over the Past 10 Years
Min: -13.02   Med: 0.95   Max: 14.34
Current: -7.53


BKK:VNG's Net Margin % is ranked worse than
78.09% of 283 companies
in the Forest Products industry
Industry Median: 1.32 vs BKK:VNG: -7.53

Vanachai Group PCL  (BKK:VNG) 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.


Vanachai Group PCL Net Margin % Related Terms


Vanachai Group PCL Net Margin % Historical Data

* Premium members only.

The historical data trend for Vanachai Group 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.

Vanachai Group PCL Net Margin % Chart

Vanachai Group 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 9.96 5.46 0.19 1.70 -5.33

Vanachai Group 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 -1.04 -1.08 -6.16 -13.38 -9.43

BKK:VNG vs SSD, UFPI, BCC: Net Margin % Comparison

For the Lumber & Wood Production subindustry, Vanachai Group 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.


Vanachai Group PCL Net Margin % vs Forest Products Industry

For the Forest Products industry and Basic Materials sector, Vanachai Group PCL's Net Margin % distribution charts can be found below:

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


BKK:VNG
68GF Score
Vanachai Group PCL BKK:VNG
Net Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Vanachai Group 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.

Vanachai Group 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 )
=-601.723/11299.806
=-5.33 %

Vanachai Group 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 )
=-239.23/2537.368
=-9.43 %

* 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 -9.43% mean?
Vanachai Group PCL (BKK:VNG) has a Net Margin % of -9.43% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on Vanachai Group PCL and its competitors. According to the industry distribution chart, Vanachai Group PCL ranks #221 out of 283 companies in the Forest Products industry, placing it in the top 78.1%.
Is Vanachai Group PCL's Net Margin % too high?
Vanachai Group PCL's current Net Margin % is -9.43%. Based on the distribution chart, Vanachai Group PCL ranks #221 out of 283 companies in the Forest Products industry, which is in the bottom quartile relative to peers. Overall, Vanachai Group PCL has a GF Score™ of 68/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Vanachai Group PCL's Net Margin % compare to SSD and UFPI?
According to the Forest Products industry distribution chart, Vanachai Group PCL ranks #221 out of 283 companies for Net Margin %. This places Vanachai Group PCL in the lower half of its industry. The industry median Net Margin % is 1.32. 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 Forest Products company?
The median Net Margin % among Forest Products companies is 1.32, based on 283 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 Vanachai Group PCL and its competitors. For the Forest Products industry, the median Net Margin % is 1.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vanachai Group PCL's current Net Margin % is -9.43%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vanachai Group PCL stock overvalued right now?
Based on GuruFocus' analysis, Vanachai Group PCL (BKK:VNG) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿2.66, compared to a current price of ฿2.16 — trading 18.8% below its estimated fair value. The current Net Margin % is -9.43%. Vanachai Group PCL's overall GF Score™ is 68/100 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 Vanachai Group PCL (BKK:VNG), the current Net Margin % is -9.43% 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 Vanachai Group PCL (BKK:VNG) Overvalued in 2026?

Based on GuruFocus' analysis, Vanachai Group PCL stock appears to be undervalued. The current stock price of ฿2.16 is trading 18.8% below its estimated GF Value™ of ฿2.66. GuruFocus considers Vanachai Group PCL to be Modestly Undervalued.

Key valuation signals for BKK:VNG:

  • Net Margin %: -9.43%
  • GF Value™: ฿2.66 vs. price of ฿2.16 (18.8% below fair value)
  • GF Score™: 68/100 with 7 warning signs

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


Vanachai Group PCL Business Description

Address 2/1 Wongsawang Road, Wongsawang, Bangsue District, Bangkok, THA, 10800
Vanachai Group PCL is a Thailand-based company. The principal activities of the company and its subsidiaries involve the production and distribution of wood plates, MDF boards, Particle boards, Doorskin, and Malamine on wood plates. The company creates wood-based goods such as particleboards, medium-density fiberboards (MDF boards), Doorskin, and melamine laminated particleboards, which are distributed to both domestic and international markets. It also sells finished products that include melamine doors, door frames, resins, formaldehyde adhesives, and finished flooring. The company generates the vast majority of its revenue in Thailand.
68GF Score

Get the complete analysis for BKK:VNG

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

฿2.16
Price
฿2.66
GF Value