Bangkok Commercial Asset Management PCL (BKK:BAM) Operating Margin %: 26.28% (As of Mar. 2026) — Near Median


BKK:BAM Bangkok Commercial Asset Management PCL BKK:BAM
68 GF Score
Price ฿6.50
GF Value ฿7.37
Valuation Modestly Undervalued
! 5 Warning Signs
View Full Analysis

What is Bangkok Commercial Asset Management PCL Operating Margin %?

Bangkok Commercial Asset Management PCL BKK:BAM 68 Operating Margin % is 26.28% as of Mar. 2026, which is 4% below its 10-year median of 27.39. GuruFocus rates BKK:BAM with a GF Score™ of 68/100 and a GF Value™ of ฿7.37 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 656 Asset Management companies, Bangkok Commercial Asset Management PCL ranks better than 51.07% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. Bangkok Commercial Asset Management PCL's Operating Income for the three months ended in Mar. 2026 was ฿527 Mil. Bangkok Commercial Asset Management PCL's Revenue for the three months ended in Mar. 2026 was ฿2,006 Mil. Therefore, Bangkok Commercial Asset Management PCL's Operating Margin % for the quarter that ended in Mar. 2026 was 26.28%.

The historical rank and industry rank for Bangkok Commercial Asset Management PCL's Operating Margin % or its related term are showing as below:

BKK:BAM' s Operating Margin % Range Over the Past 10 Years
Min: 17.77   Med: 27.39   Max: 52.81
Current: 18.22


BKK:BAM's Operating Margin % is ranked better than
51.07% of 656 companies
in the Asset Management industry
Industry Median: 17 vs BKK:BAM: 18.22

Bangkok Commercial Asset Management PCL's 5-Year Average Operating Margin % Growth Rate was -0.40% per year.

Bangkok Commercial Asset Management PCL's Operating Income for the three months ended in Mar. 2026 was ฿527 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was ฿1,739 Mil.


Bangkok Commercial Asset Management PCL  (BKK:BAM) 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.


Bangkok Commercial Asset Management PCL Operating Margin % Related Terms


Bangkok Commercial Asset Management PCL Operating Margin % Historical Data

* Premium members only.

The historical data trend for Bangkok Commercial Asset Management 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.

Bangkok Commercial Asset Management PCL Operating Margin % Chart

Bangkok Commercial Asset Management 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 23.12 30.22 22.91 24.55 17.77

Bangkok Commercial Asset Management 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 22.76 18.88 18.76 10.70 26.28

BKK:BAM vs BLK, BX, KKR: Operating Margin % Comparison

For the Asset Management subindustry, Bangkok Commercial Asset Management 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.


Bangkok Commercial Asset Management PCL Operating Margin % vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Bangkok Commercial Asset Management PCL's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Bangkok Commercial Asset Management PCL's Operating Margin % falls into.


BKK:BAM
68GF Score
Bangkok Commercial Asset Management PCL BKK:BAM
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Bangkok Commercial Asset Management 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.

Bangkok Commercial Asset Management 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 )
=1796.139 / 10107.299
=17.77 %

Bangkok Commercial Asset Management 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 )
=527.202 / 2005.861
=26.28 %

* 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 26.28% mean?
Bangkok Commercial Asset Management PCL (BKK:BAM) has a Operating Margin % of 26.28% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Bangkok Commercial Asset Management PCL and its competitors. This is near median its historical median of 27.39. Over the past decade, Bangkok Commercial Asset Management PCL's Operating Margin % has ranged from 17.77 to 52.81. According to the industry distribution chart, Bangkok Commercial Asset Management PCL ranks #321 out of 656 companies in the Asset Management industry, placing it in the top 48.9%.
Is Bangkok Commercial Asset Management PCL's Operating Margin % too high?
Bangkok Commercial Asset Management PCL's current Operating Margin % of 26.28% is near median its 10-year median of 27.39. Over the past 10 years, this metric has ranged from a low of 17.77 to a high of 52.81. The Asset Management industry median Operating Margin % is 17.00. Bangkok Commercial Asset Management PCL's value of 26.28% is 54.6% above this industry median. Based on the distribution chart, Bangkok Commercial Asset Management PCL ranks #321 out of 656 companies in the Asset Management industry, which is above the industry midpoint. Overall, Bangkok Commercial Asset Management PCL has a GF Score™ of 68/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Bangkok Commercial Asset Management PCL's Operating Margin % compare to BLK and BX?
According to the Asset Management industry distribution chart, Bangkok Commercial Asset Management PCL ranks #321 out of 656 companies for Operating Margin %. This puts Bangkok Commercial Asset Management PCL in the upper half of its industry. The industry median Operating Margin % is 17.00. Bangkok Commercial Asset Management PCL's value of 26.28% is 54.6% above this benchmark. Historically, Bangkok Commercial Asset Management PCL's own Operating Margin % has ranged from 17.77 to 52.81 over the past decade. While the company's 10-year median is 27.39 vs. the industry median of 17.00, Bangkok Commercial Asset Management 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 Asset Management company?
The median Operating Margin % among Asset Management companies is 17.00, based on 656 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. Bangkok Commercial Asset Management PCL's current Operating Margin % of 26.28% is 54.6% 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 Bangkok Commercial Asset Management PCL and its competitors. For the Asset Management industry, the median Operating Margin % is 17.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bangkok Commercial Asset Management PCL's current Operating Margin % is 26.28%, which is near median its own 10-year median of 27.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bangkok Commercial Asset Management PCL stock overvalued right now?
Based on GuruFocus' analysis, Bangkok Commercial Asset Management PCL (BKK:BAM) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿7.37, compared to a current price of ฿6.50 — trading 11.8% below its estimated fair value. The current Operating Margin % is 26.28%, which is near median its 10-year median of 27.39 and 54.6% above the Asset Management industry median of 17.00. Bangkok Commercial Asset Management PCL's overall GF Score™ is 68/100 with 5 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 Bangkok Commercial Asset Management PCL (BKK:BAM), the current Operating Margin % is 26.28% 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 Bangkok Commercial Asset Management PCL (BKK:BAM) Overvalued in 2026?

Based on GuruFocus' analysis, Bangkok Commercial Asset Management PCL stock appears to be undervalued. The current stock price of ฿6.50 is trading 11.8% below its estimated GF Value™ of ฿7.37. GuruFocus considers Bangkok Commercial Asset Management PCL to be Modestly Undervalued.

Key valuation signals for BKK:BAM:

  • Operating Margin %: 26.28% (near median its 10-year median of 27.39)
  • GF Value™: ฿7.37 vs. price of ฿6.50 (11.8% below fair value)
  • GF Score™: 68/100 with 5 warning signs
  • Industry Position: 54.6% above the Asset Management median (#321 of 656)

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


Bangkok Commercial Asset Management PCL Business Description

Other Exchanges BAM-F:Thailand
Address 99 Surasak Road, Silom Subdistrict, Bangrak District, Bangkok, THA, 10500
Bangkok Commercial Asset Management PCL engages in purchasing or receiving transfers of non-performing loans (NPLs) and non-performing assets (NPAs) for management and disposal. The Company focuses on asset management operations conducted only in Thailand. Its services include acquiring NPLs from financial institutions and managing them mainly through debt negotiation. It also acquires NPAs from financial institutions, including assets from debt settlements and collateral purchased at auctions from the Legal Execution Department, and adds value by improving and developing properties to make them ready for occupancy for target customers.
68GF Score

Get the complete analysis for BKK:BAM

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

฿6.50
Price
฿7.37
GF Value