WHA Utilities and Power PCL (BKK:WHAUP) Net Margin %: 27.13% (As of Mar. 2026) — 37% Below Median


BKK:WHAUP WHA Utilities and Power PCL BKK:WHAUP
76 GF Score
Price ฿7.05
GF Value ฿5.34
Valuation Significantly Overvalued
! 11 Warning Signs
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What is WHA Utilities and Power PCL Net Margin %?

WHA Utilities and Power PCL BKK:WHAUP -1.40% 76 Net Margin % is 27.13% as of Mar. 2026, which is 37% below its 10-year median of 43.05. GuruFocus rates BKK:WHAUP with a GF Score™ of 76/100 and a GF Value™ of ฿5.34 (Significantly Overvalued). The stock has 11 warning signs investors should review. Among 503 Utilities - Regulated companies, WHA Utilities and Power PCL ranks better than 92.64% on this metric.

Net margin is calculated as Net Income divided by its Revenue. WHA Utilities and Power PCL's Net Income for the three months ended in Mar. 2026 was ฿303 Mil. WHA Utilities and Power PCL's Revenue for the three months ended in Mar. 2026 was ฿1,118 Mil. Therefore, WHA Utilities and Power PCL's net margin for the quarter that ended in Mar. 2026 was 27.13%.

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

BKK:WHAUP' s Net Margin % Range Over the Past 10 Years
Min: 18.59   Med: 43.05   Max: 131.82
Current: 30.37


BKK:WHAUP's Net Margin % is ranked better than
92.64% of 503 companies
in the Utilities - Regulated industry
Industry Median: 8.71 vs BKK:WHAUP: 30.37

WHA Utilities and Power PCL  (BKK:WHAUP) 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 Utilities and Power PCL Net Margin % Related Terms


WHA Utilities and Power PCL Net Margin % Historical Data

* Premium members only.

The historical data trend for WHA Utilities and Power 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.

WHA Utilities and Power PCL Net Margin % Chart

WHA Utilities and Power 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 33.73 18.59 58.64 38.24 31.82

WHA Utilities and Power 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 31.76 18.49 50.92 21.37 27.13

BKK:WHAUP vs AWK, WTRG, AWR: Net Margin % Comparison

For the Utilities - Regulated Water subindustry, WHA Utilities and Power 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 Utilities and Power PCL Net Margin % vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, WHA Utilities and Power PCL's Net Margin % distribution charts can be found below:

* The bar in red indicates where WHA Utilities and Power PCL's Net Margin % falls into.


BKK:WHAUP
76GF Score
WHA Utilities and Power PCL BKK:WHAUP
Net Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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WHA Utilities and Power 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.

WHA Utilities and Power 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 )
=1016.325/3194.36
=31.82 %

WHA Utilities and Power 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 )
=303.155/1117.615
=27.13 %

* 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 27.13% mean?
WHA Utilities and Power PCL (BKK:WHAUP) has a Net Margin % of 27.13% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on WHA Utilities and Power PCL and its competitors. This is 37% below median its historical median of 43.05. Over the past decade, WHA Utilities and Power PCL's Net Margin % has ranged from 18.59 to 131.82. According to the industry distribution chart, WHA Utilities and Power PCL ranks #37 out of 503 companies in the Utilities - Regulated industry, placing it in the top 7.4%.
Is WHA Utilities and Power PCL's Net Margin % too high?
WHA Utilities and Power PCL's current Net Margin % of 27.13% is 37% below median its 10-year median of 43.05. Over the past 10 years, this metric has ranged from a low of 18.59 to a high of 131.82. The Utilities - Regulated industry median Net Margin % is 8.71. WHA Utilities and Power PCL's value of 27.13% is 211.5% above this industry median. Based on the distribution chart, WHA Utilities and Power PCL ranks #37 out of 503 companies in the Utilities - Regulated industry, which is in the top quartile — a strong position relative to peers. Overall, WHA Utilities and Power PCL has a GF Score™ of 76/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does WHA Utilities and Power PCL's Net Margin % compare to AWK and WTRG?
According to the Utilities - Regulated industry distribution chart, WHA Utilities and Power PCL ranks #37 out of 503 companies for Net Margin %. This places WHA Utilities and Power PCL in the top 7% of its industry — outperforming the majority of peers. The industry median Net Margin % is 8.71. WHA Utilities and Power PCL's value of 27.13% is 211.5% above this benchmark. Historically, WHA Utilities and Power PCL's own Net Margin % has ranged from 18.59 to 131.82 over the past decade. While the company's 10-year median is 43.05 vs. the industry median of 8.71, WHA Utilities and Power 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 an Utilities - Regulated company?
The median Net Margin % among Utilities - Regulated companies is 8.71, based on 503 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 Utilities and Power PCL's current Net Margin % of 27.13% is 211.5% 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 Utilities and Power PCL and its competitors. For the Utilities - Regulated industry, the median Net Margin % is 8.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. WHA Utilities and Power PCL's current Net Margin % is 27.13%, which is 37% below median its own 10-year median of 43.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is WHA Utilities and Power PCL stock overvalued right now?
Based on GuruFocus' analysis, WHA Utilities and Power PCL (BKK:WHAUP) is currently considered Significantly Overvalued. The stock's GF Value™ is ฿5.34, compared to a current price of ฿7.05 — trading 32% above its estimated fair value. The current Net Margin % is 27.13%, which is 37% below median its 10-year median of 43.05 and 211.5% above the Utilities - Regulated industry median of 8.71. WHA Utilities and Power PCL's overall GF Score™ is 76/100 with 11 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 Utilities and Power PCL (BKK:WHAUP), the current Net Margin % is 27.13% 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 Utilities and Power PCL (BKK:WHAUP) Overvalued in 2026?

Based on GuruFocus' analysis, WHA Utilities and Power PCL stock appears to be overvalued. The current stock price of ฿7.05 is trading 32% above its estimated GF Value™ of ฿5.34. GuruFocus considers WHA Utilities and Power PCL to be Significantly Overvalued.

Key valuation signals for BKK:WHAUP:

  • Net Margin %: 27.13% (37% below median its 10-year median of 43.05)
  • GF Value™: ฿5.34 vs. price of ฿7.05 (32% above fair value)
  • GF Score™: 76/100 with 11 warning signs
  • Industry Position: 211.5% above the Utilities - Regulated median (#37 of 503)

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


WHA Utilities and Power PCL Business Description

Address Moo 13, Debaratna Road (Bangna-Trad) KM.7, 777 WHA Tower 22nd floor, Unit 2203-2205, Bang Kaeo, Bang Phli, Samut Prakarn, THA, 10540
WHA Utilities and Power PCL is an integrated utility product and service provider. The group's principal business operations are providing potable water, raw water, clarified water, wastewater treatment, power business, and holding company. It operates in two segments: Water, which generates the vast majority of the company's revenue; and Power, and both segments are segregated into domestic and overseas. Geographically, it generates the majority of its revenue from the domestic market.
76GF Score

Get the complete analysis for BKK:WHAUP

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

฿7.05
Price
฿5.34
GF Value