WHA PCLBKK:WHA-R 82 Net Margin % is 47.64% as of Mar. 2026, which is 48% above its 10-year median of 32.25. GuruFocus rates BKK:WHA-R with a GF Score™ of 82/100 and a GF Value™ of ฿3.87. The stock has 10 warning signs investors should review. Among 1,755 Real Estate companies, WHA PCL ranks better than 77.61% on this metric.
Net margin is calculated as Net Income divided by its Revenue. WHA PCL's Net Income for the
three
months ended in Mar. 2026 was ฿1,508 Mil. WHA PCL's Revenue for the
three
months ended in Mar. 2026 was ฿3,166 Mil. Therefore, WHA PCL's net margin for the quarter that ended in Mar. 2026 was 47.64%.
The historical rank and industry rank for WHA PCL's Net Margin % or its related term are showing as below:
BKK:WHA-R'
s Net Margin % Range Over the Past 10 Years
Min: 16.23 Med: 32.25 Max: 38.46
Current: 33.28
BKK:WHA-R's Net Margin % is ranked better than 77.61% of 1755
companies
in the Real Estate industry
Industry Median: 8.03
vs BKK:WHA-R: 33.28
WHA PCL (BKK:WHA-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.
WHA PCL Net Margin % Related Terms
WHA PCL Net Margin % Historical Data
* Premium members only.
The historical data trend for WHA 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 Real Estate Services subindustry, WHA 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.
WHA PCL Net Margin % vs Real Estate Industry
For the Real Estate industry and Real Estate sector, WHA PCL's Net Margin % distribution charts can be found below:
* The bar in red indicates where WHA 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.
WHA PCL (BKK:WHA-R) has a Net Margin % of 47.64% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on WHA PCL and its competitors. This is 48% above median its historical median of 32.25. Over the past decade, WHA PCL's Net Margin % has ranged from 16.23 to 38.46. According to the industry distribution chart, WHA PCL ranks #393 out of 1755 companies in the Real Estate industry, placing it in the top 22.4%.
Is WHA PCL's Net Margin % too high?
WHA PCL's current Net Margin % of 47.64% is 48% above median its 10-year median of 32.25. Over the past 10 years, this metric has ranged from a low of 16.23 to a high of 38.46. The Real Estate industry median Net Margin % is 8.03. WHA PCL's value of 47.64% is 493.3% above this industry median. Based on the distribution chart, WHA PCL ranks #393 out of 1755 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, WHA PCL has a GF Score™ of 82/100, reflecting its overall financial health beyond just this single metric.
How does WHA PCL's Net Margin % compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, WHA PCL ranks #393 out of 1755 companies for Net Margin %. This places WHA PCL in the top 22% of its industry — outperforming the majority of peers. The industry median Net Margin % is 8.03. WHA PCL's value of 47.64% is 493.3% above this benchmark. Historically, WHA PCL's own Net Margin % has ranged from 16.23 to 38.46 over the past decade. While the company's 10-year median is 32.25 vs. the industry median of 8.03, WHA 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 Real Estate company?
The median Net Margin % among Real Estate companies is 8.03, based on 1,755 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. WHA PCL's current Net Margin % of 47.64% is 493.3% 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 WHA PCL and its competitors. For the Real Estate industry, the median Net Margin % is 8.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. WHA PCL's current Net Margin % is 47.64%, which is 48% above median its own 10-year median of 32.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is WHA PCL stock overvalued right now?
WHA PCL (BKK:WHA-R) has a current Net Margin % of 47.64%. The stock's GF Value™ is ฿3.87, compared to a current price of ฿4.19 — trading 8.2% above its estimated fair value. The current Net Margin % is 47.64%, which is 48% above median its 10-year median of 32.25 and 493.3% above the Real Estate industry median of 8.03. WHA PCL's overall GF Score™ is 82/100 with 10 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 WHA PCL (BKK:WHA-R), the current Net Margin % is 47.64% 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 WHA PCL (BKK:WHA-R) Overvalued in 2026?
Based on GuruFocus' analysis, WHA PCL stock appears to be overvalued.
The current stock price of ฿4.19 is trading 8.2% above its estimated GF Value™ of ฿3.87.
Key valuation signals for BKK:WHA-R:
Net Margin %: 47.64% (48% above median its 10-year median of 32.25)
GF Value™: ฿3.87 vs. price of ฿4.19 (8.2% above fair value)
Industry Position: 493.3% above the Real Estate median (#393 of 1755)
No single metric tells the full story. See the BKK:WHA-R stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
WHA Corp PCL is engaged in providing rent and sale of lands, buildings, factories, warehouses, and other properties; developing and managing properties in industrial estates and industrial zones; providing public utilities, facilities, and other related services; and providing digital services, data center, Internet connection, and other IT services. The company operates in four segments domestically: Real Estate, Power, Water, and Others; and three segments internationally: Real Estate, Water, and Others. It generates the majority of its revenue from the Real Estate segment in the form of leases & services, and sales. Geographically, it operates in the domestic market and the overseas market.
82GF Score
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