WICE Logistics PCL (BKK:WICE) Net Margin %: 1.48% (As of Mar. 2026) — 71% Below Median


BKK:WICE WICE Logistics PCL BKK:WICE
65 GF Score
Price ฿2.56
GF Value ฿5.95
Valuation Possible Value Trap
! 6 Warning Signs
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What is WICE Logistics PCL Net Margin %?

WICE Logistics PCL BKK:WICE 65 Net Margin % is 1.48% as of Mar. 2026, which is 71% below its 10-year median of 5.14. GuruFocus rates BKK:WICE with a GF Score™ of 65/100 and a GF Value™ of ฿5.95 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 1,000 Transportation companies, WICE Logistics PCL ranks worse than 70.1% on this metric.

Net margin is calculated as Net Income divided by its Revenue. WICE Logistics PCL's Net Income for the three months ended in Mar. 2026 was ฿19 Mil. WICE Logistics PCL's Revenue for the three months ended in Mar. 2026 was ฿1,311 Mil. Therefore, WICE Logistics PCL's net margin for the quarter that ended in Mar. 2026 was 1.48%.

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

BKK:WICE' s Net Margin % Range Over the Past 10 Years
Min: 1.74   Med: 5.14   Max: 7.8
Current: 1.74


BKK:WICE's Net Margin % is ranked worse than
70.1% of 1000 companies
in the Transportation industry
Industry Median: 4.99 vs BKK:WICE: 1.74

WICE Logistics PCL  (BKK:WICE) 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.


WICE Logistics PCL Net Margin % Related Terms


WICE Logistics PCL Net Margin % Historical Data

* Premium members only.

The historical data trend for WICE Logistics 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.

WICE Logistics PCL Net Margin % Chart

WICE Logistics 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 7.01 7.80 4.44 2.38 2.62

WICE Logistics 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 5.31 1.89 2.22 1.37 1.48

BKK:WICE vs UPS, FDX, JBHT: Net Margin % Comparison

For the Integrated Freight & Logistics subindustry, WICE Logistics 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.


WICE Logistics PCL Net Margin % vs Transportation Industry

For the Transportation industry and Industrials sector, WICE Logistics PCL's Net Margin % distribution charts can be found below:

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


BKK:WICE
65GF Score
WICE Logistics PCL BKK:WICE
Net Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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WICE Logistics 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.

WICE Logistics 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 )
=122.137/4656.484
=2.62 %

WICE Logistics 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 )
=19.374/1310.957
=1.48 %

* 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 1.48% mean?
WICE Logistics PCL (BKK:WICE) has a Net Margin % of 1.48% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on WICE Logistics PCL and its competitors. This is 71% below median its historical median of 5.14. Over the past decade, WICE Logistics PCL's Net Margin % has ranged from 1.74 to 7.80. According to the industry distribution chart, WICE Logistics PCL ranks #701 out of 1000 companies in the Transportation industry, placing it in the top 70.1%.
Is WICE Logistics PCL's Net Margin % too high?
WICE Logistics PCL's current Net Margin % of 1.48% is 71% below median its 10-year median of 5.14. Over the past 10 years, this metric has ranged from a low of 1.74 to a high of 7.80. The Transportation industry median Net Margin % is 4.99. WICE Logistics PCL's value of 1.48% is 70.3% below this industry median. Based on the distribution chart, WICE Logistics PCL ranks #701 out of 1000 companies in the Transportation industry, which is below the industry midpoint. Overall, WICE Logistics PCL has a GF Score™ of 65/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does WICE Logistics PCL's Net Margin % compare to UPS and FDX?
According to the Transportation industry distribution chart, WICE Logistics PCL ranks #701 out of 1000 companies for Net Margin %. This places WICE Logistics PCL in the lower half of its industry. The industry median Net Margin % is 4.99. WICE Logistics PCL's value of 1.48% is 70.3% below this benchmark. Historically, WICE Logistics PCL's own Net Margin % has ranged from 1.74 to 7.80 over the past decade. While the company's 10-year median is 5.14 vs. the industry median of 4.99, WICE Logistics 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 Transportation company?
The median Net Margin % among Transportation companies is 4.99, based on 1,000 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. WICE Logistics PCL's current Net Margin % of 1.48% is 70.3% 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 WICE Logistics PCL and its competitors. For the Transportation industry, the median Net Margin % is 4.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. WICE Logistics PCL's current Net Margin % is 1.48%, which is 71% below median its own 10-year median of 5.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is WICE Logistics PCL stock overvalued right now?
Based on GuruFocus' analysis, WICE Logistics PCL (BKK:WICE) is currently considered Possible Value Trap. The stock's GF Value™ is ฿5.95, compared to a current price of ฿2.56 — trading 57% below its estimated fair value. The current Net Margin % is 1.48%, which is 71% below median its 10-year median of 5.14 and 70.3% below the Transportation industry median of 4.99. WICE Logistics PCL's overall GF Score™ is 65/100 with 6 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 WICE Logistics PCL (BKK:WICE), the current Net Margin % is 1.48% 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 WICE Logistics PCL (BKK:WICE) Overvalued in 2026?

Based on GuruFocus' analysis, WICE Logistics PCL stock appears to be undervalued. The current stock price of ฿2.56 is trading 57% below its estimated GF Value™ of ฿5.95. GuruFocus considers WICE Logistics PCL to be Possible Value Trap.

Key valuation signals for BKK:WICE:

  • Net Margin %: 1.48% (71% below median its 10-year median of 5.14)
  • GF Value™: ฿5.95 vs. price of ฿2.56 (57% below fair value)
  • GF Score™: 65/100 with 6 warning signs
  • Industry Position: 70.3% below the Transportation median (#701 of 1000)

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


WICE Logistics PCL Business Description

Address 88/8 Nonsee Road, Chong-Nonsee, Yannawa, Bangkok, THA, 10120
WICE Logistics PCL is a Thailand-based company. The company is engaged in international air and sea freight forwarding, customs broker, inland transportation, cross-border transport, multimodal transport operator, warehousing service and all freight-related services for imports and exports. The company has four reportable segments were sea freight, air freight, cross-border transport services and supply chain solution. The company derives maximum profit from cross-border transport services.
65GF Score

Get the complete analysis for BKK:WICE

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

฿2.56
Price
฿5.95
GF Value