THCH (TH International) Net Margin %: -42.80% (As of Mar. 2026)


THCH TH International Ltd THCH
52 GF Score
Price $1.45
GF Value $2.93
Valuation Possible Value Trap
! 4 Warning Signs
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What is TH International Net Margin %?

TH International THCH -9.38% 52 Net Margin % is -42.80% as of Mar. 2026. GuruFocus rates THCH with a GF Score™ of 52/100 and a GF Value™ of $2.93 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 366 Restaurants companies, TH International ranks worse than 93.72% on this metric.

Net margin is calculated as Net Income divided by its Revenue. TH International's Net Income for the three months ended in Mar. 2026 was $-15.9 Mil. TH International's Revenue for the three months ended in Mar. 2026 was $37.3 Mil. Therefore, TH International's net margin for the quarter that ended in Mar. 2026 was -42.80%.

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

THCH' s Net Margin % Range Over the Past 10 Years
Min: -153.09   Med: -59.33   Max: -29.62
Current: -38.39


THCH's Net Margin % is ranked worse than
93.72% of 366 companies
in the Restaurants industry
Industry Median: 2.06 vs THCH: -38.39

TH International  (NAS:THCH) 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.


TH International Net Margin % Related Terms


TH International Net Margin % Historical Data

* Premium members only.

The historical data trend for TH International'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.

TH International Net Margin % Chart

TH International Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Net Margin %
Get a 7-Day Free Trial -59.33 -73.45 -56.17 -29.62 -33.01

TH International 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 -19.29 -21.62 -20.36 -73.95 -42.80

THCH vs BDL, STKS, NDLS: Net Margin % Comparison

For the Restaurants subindustry, TH International'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.


TH International Net Margin % vs Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, TH International's Net Margin % distribution charts can be found below:

* The bar in red indicates where TH International's Net Margin % falls into.


THCH
52GF Score
TH International Ltd THCH
Net Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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TH International 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.

TH International'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 )
=-61.689/186.875
=-33.01 %

TH International'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 )
=-15.945/37.251
=-42.80 %

* 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 -42.80% mean?
TH International (THCH) has a Net Margin % of -42.80% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on TH International and its competitors. According to the industry distribution chart, TH International ranks #343 out of 366 companies in the Restaurants industry, placing it in the top 93.7%.
Is TH International's Net Margin % too high?
TH International's current Net Margin % is -42.80%. Based on the distribution chart, TH International ranks #343 out of 366 companies in the Restaurants industry, which is in the bottom quartile relative to peers. Overall, TH International has a GF Score™ of 52/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does TH International's Net Margin % compare to BDL and STKS?
According to the Restaurants industry distribution chart, TH International ranks #343 out of 366 companies for Net Margin %. This places TH International in the lower half of its industry. The industry median Net Margin % is 2.06. 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 Restaurants company?
The median Net Margin % among Restaurants companies is 2.06, based on 366 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 TH International and its competitors. For the Restaurants industry, the median Net Margin % is 2.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TH International's current Net Margin % is -42.80%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TH International stock overvalued right now?
Based on GuruFocus' analysis, TH International (THCH) is currently considered Possible Value Trap. The stock's GF Value™ is $2.93, compared to a current price of $1.45 — trading 50.5% below its estimated fair value. The current Net Margin % is -42.80%. TH International's overall GF Score™ is 52/100 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 TH International (THCH), the current Net Margin % is -42.80% 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 TH International (THCH) Overvalued in 2026?

Based on GuruFocus' analysis, TH International stock appears to be undervalued. The current stock price of $1.45 is trading 50.5% below its estimated GF Value™ of $2.93. GuruFocus considers TH International to be Possible Value Trap.

Key valuation signals for THCH:

  • Net Margin %: -42.80%
  • GF Value™: $2.93 vs. price of $1.45 (50.5% below fair value)
  • GF Score™: 52/100 with 4 warning signs

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


TH International Business Description

Address 227 Huangpi North Road, 2501 Central Plaza, Shanghai, CHN, 200003
TH International Ltd is the exclusive master franchisee in China for Tim Hortons, a world-wide coffee and bakery shop brand. Through the Tim Hortons brand, the firm offers freshly brewed coffee, tea, and other beverages, bakery & sides, and sandwiches. The Company operated under a single reportable segment, Tim Hortons. The company's revenue is derived from sales of food, beverages, and packaged products by company-owned and operated stores, franchise fees, and revenue from other franchise support activities. Its geographic revenue is derived from operations in the PRC.
52GF Score

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

$1.45
Price
$2.93
GF Value