Absolute Clean Energy PCL (BKK:ACE-F) Operating Margin %: 21.95% (As of Mar. 2026) — Near Median

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BKK:ACE-F Absolute Clean Energy PCL BKK:ACE-F
78 GF Score
Price ฿1.26
GF Value ฿1.35
! 6 Warning Signs
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What is Absolute Clean Energy PCL Operating Margin %?

Absolute Clean Energy PCL BKK:ACE-F 78 Operating Margin % is 21.95% as of Mar. 2026, which is 4% above its 10-year median of 21.15. GuruFocus rates BKK:ACE-F with a GF Score™ of 78/100 and a GF Value™ of ฿1.35. The stock has 6 warning signs investors should review. Among 419 Utilities - Independent Power Producers companies, Absolute Clean Energy PCL ranks better than 64.68% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. Absolute Clean Energy PCL's Operating Income for the three months ended in Mar. 2026 was ฿349 Mil. Absolute Clean Energy PCL's Revenue for the three months ended in Mar. 2026 was ฿1,592 Mil. Therefore, Absolute Clean Energy PCL's Operating Margin % for the quarter that ended in Mar. 2026 was 21.95%.

Warning Sign:

Absolute Clean Energy PCL operating margin has been in a 5-year decline. The average rate of decline per year is -6.1%.

The historical rank and industry rank for Absolute Clean Energy PCL's Operating Margin % or its related term are showing as below:

BKK:ACE-F' s Operating Margin % Range Over the Past 10 Years
Min: 18.43   Med: 21.15   Max: 27.39
Current: 20.92


BKK:ACE-F's Operating Margin % is ranked better than
64.68% of 419 companies
in the Utilities - Independent Power Producers industry
Industry Median: 13.47 vs BKK:ACE-F: 20.92

Absolute Clean Energy PCL's 5-Year Average Operating Margin % Growth Rate was -6.10% per year.

Absolute Clean Energy PCL's Operating Income for the three months ended in Mar. 2026 was ฿349 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was ฿1,362 Mil.


Absolute Clean Energy PCL  (BKK:ACE-F) Operating Margin % Explanation

Just like Gross Margin %, it is important to see a company maintains its operating margin over time. Among the same industry, a company with higher operating margin is more efficient in its operation. It is also more stable during industry slowdown or recessions. Peter Lynch prefers those with higher margins than those with lower margins.


Be Aware

Operating Margin % can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin % may decline. Often the Operating Margin % declines well before the company's Revenue or even profit decline. Therefore, Operating Margin % is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia’s Operating Margin % had already been in decline since 2002, although its Earnings per Share (Diluted) were still rising. Investors who paid attention to Operating Margin % would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin % is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


Absolute Clean Energy PCL Operating Margin % Related Terms


Absolute Clean Energy PCL Operating Margin % Historical Data

* Premium members only.

The historical data trend for Absolute Clean Energy PCL's Operating 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.

Absolute Clean Energy PCL Operating Margin % Chart

Absolute Clean Energy PCL Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Operating Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 27.39 20.74 20.32 18.43 20.64

Absolute Clean Energy PCL Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Operating 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 20.81 19.46 20.77 21.54 21.95

Absolute Clean Energy PCL Operating Margin % Competitor Comparison

For the Utilities - Renewable subindustry, Absolute Clean Energy PCL's Operating Margin %, along with its competitors' market caps and Operating 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.


Absolute Clean Energy PCL Operating Margin % vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Absolute Clean Energy PCL's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Absolute Clean Energy PCL's Operating Margin % falls into.


BKK:ACE-F
78GF Score
Absolute Clean Energy PCL BKK:ACE-F
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Absolute Clean Energy PCL Operating Margin % Calculation

Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.

Absolute Clean Energy PCL's Operating Margin % for the fiscal year that ended in Dec. 2025 is calculated as

Operating Margin %=Operating Income (A: Dec. 2025 ) / Revenue (A: Dec. 2025 )
=1352.98 / 6554.427
=20.64 %

Absolute Clean Energy PCL's Operating Margin % for the quarter that ended in Mar. 2026 is calculated as

Operating Margin %=Operating Income (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=349.358 / 1591.644
=21.95 %

* 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 Operating Margin % →
What does a Operating Margin % of 21.95% mean?
Absolute Clean Energy PCL (BKK:ACE-F) has a Operating Margin % of 21.95% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Absolute Clean Energy PCL and its competitors. This is near median its historical median of 21.15. Over the past decade, Absolute Clean Energy PCL's Operating Margin % has ranged from 18.43 to 27.39. According to the industry distribution chart, Absolute Clean Energy PCL ranks #148 out of 419 companies in the Utilities - Independent Power Producers industry, placing it in the top 35.3%.
Is Absolute Clean Energy PCL's Operating Margin % too high?
Absolute Clean Energy PCL's current Operating Margin % of 21.95% is near median its 10-year median of 21.15. Over the past 10 years, this metric has ranged from a low of 18.43 to a high of 27.39. The Utilities - Independent Power Producers industry median Operating Margin % is 13.47. Absolute Clean Energy PCL's value of 21.95% is 63% above this industry median. Based on the distribution chart, Absolute Clean Energy PCL ranks #148 out of 419 companies in the Utilities - Independent Power Producers industry, which is above the industry midpoint. Overall, Absolute Clean Energy PCL has a GF Score™ of 78/100, reflecting its overall financial health beyond just this single metric.
How does Absolute Clean Energy PCL's Operating Margin % compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Absolute Clean Energy PCL ranks #148 out of 419 companies for Operating Margin %. This puts Absolute Clean Energy PCL in the upper half of its industry. The industry median Operating Margin % is 13.47. Absolute Clean Energy PCL's value of 21.95% is 63% above this benchmark. Historically, Absolute Clean Energy PCL's own Operating Margin % has ranged from 18.43 to 27.39 over the past decade. While the company's 10-year median is 21.15 vs. the industry median of 13.47, Absolute Clean Energy 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 Operating Margin % for an Utilities - Independent Power Producers company?
The median Operating Margin % among Utilities - Independent Power Producers companies is 13.47, based on 419 companies in the industry. Companies in the top quartile (top 25%) have a Operating Margin % significantly above this median, while those in the bottom quartile fall well below. However, Operating Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Absolute Clean Energy PCL's current Operating Margin % of 21.95% is 63% 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 Operating Margin % mean?
A high Operating Margin % can signal that a stock is expensive relative to its fundamentals. Operating margin is the ratio of total operating income to net sales. View historical data on Absolute Clean Energy PCL and its competitors. For the Utilities - Independent Power Producers industry, the median Operating Margin % is 13.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Absolute Clean Energy PCL's current Operating Margin % is 21.95%, which is near median its own 10-year median of 21.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Absolute Clean Energy PCL stock overvalued right now?
Absolute Clean Energy PCL (BKK:ACE-F) has a current Operating Margin % of 21.95%. The stock's GF Value™ is ฿1.35, compared to a current price of ฿1.26 — trading 6.7% below its estimated fair value. The current Operating Margin % is 21.95%, which is near median its 10-year median of 21.15 and 63% above the Utilities - Independent Power Producers industry median of 13.47. Absolute Clean Energy PCL's overall GF Score™ is 78/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Operating Margin % calculated?
Operating Margin % is calculated from a company's financial statements. For Absolute Clean Energy PCL (BKK:ACE-F), the current Operating Margin % is 21.95% 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 Absolute Clean Energy PCL (BKK:ACE-F) Overvalued in 2026?

Based on GuruFocus' analysis, Absolute Clean Energy PCL stock appears to be undervalued. The current stock price of ฿1.26 is trading 6.7% below its estimated GF Value™ of ฿1.35.

Key valuation signals for BKK:ACE-F:

  • Operating Margin %: 21.95% (near median its 10-year median of 21.15)
  • GF Value™: ฿1.35 vs. price of ฿1.26 (6.7% below fair value)
  • GF Score™: 78/100 with 6 warning signs
  • Industry Position: 63% above the Utilities - Independent Power Producers median (#148 of 419)

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


Absolute Clean Energy PCL Business Description

Other Exchanges ACE:Thailand
Address Silom Road, 140/6 ITF Tower, 7th Floor, Suriyawong, Bang Rak District, Bangkok, THA, 10500
Absolute Clean Energy PCL operates biomass, municipal solid waste, natural gas, and solar energy power plants. The company operates in four reportable segments: biomass, natural gas, municipal solid waste, and solar energy power plants. The company operates only in Thailand. It generates the majority of its revenue from the Biomass power plants segment.
78GF Score

Get the complete analysis for BKK:ACE-F

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

฿1.26
Price
฿1.35
GF Value