CK Power PCLBKK:CKP -0.83%72 Operating Margin % is 12.07% as of Mar. 2026, which is 43% below its 10-year median of 21.04. GuruFocus rates BKK:CKP with a GF Score™ of 72/100 and a GF Value™ of ฿2.92 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 417 Utilities - Independent Power Producers companies, CK Power PCL ranks better than 69.06% on this metric.
Operating Margin % is calculated as Operating Income divided by its Revenue. CK Power PCL's Operating Income for the
three
months ended in Mar. 2026 was ฿224 Mil. CK Power PCL's Revenue for the
three
months ended in Mar. 2026 was ฿1,859 Mil. Therefore, CK Power PCL's Operating Margin % for the quarter that ended in Mar. 2026 was 12.07%.
Good Sign:
CK Power PCL operating margin is expanding. Margin expansion is usually a good sign.
The historical rank and industry rank for CK Power PCL's Operating Margin % or its related term are showing as below:
BKK:CKP'
s Operating Margin % Range Over the Past 10 Years
Min: 4.14 Med: 21.04 Max: 27.08
Current: 22.67
BKK:CKP's Operating Margin % is ranked better than 69.06% of 417
companies
in the Utilities - Independent Power Producers industry
Industry Median: 13.38
vs BKK:CKP: 22.67
CK Power PCL's 5-Year Average Operating Margin % Growth Rate was 29.80% per year.
CK Power PCL's Operating Income for the
three
months ended in Mar. 2026 was ฿224 Mil.
Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was ฿2,197 Mil.
CK Power PCL (BKK:CKP) 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 Nokias 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.
CK Power PCL Operating Margin % Related Terms
CK Power PCL Operating Margin % Historical Data
* Premium members only.
The historical data trend for CK Power 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.
BKK:CKP vs CEG, VST, NRG: Operating Margin % Comparison
For the Utilities - Independent Power Producers subindustry, CK Power 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.
CK Power PCL Operating Margin % vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, CK Power PCL's Operating Margin % distribution charts can be found below:
* The bar in red indicates where CK Power PCL's Operating Margin % falls into.
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.
CK Power PCL's Operating Margin % for the fiscal year that ended in Dec. 2025 is calculated as
* 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.
CK Power PCL (BKK:CKP) has a Operating Margin % of 12.07% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on CK Power PCL and its competitors. This is 43% below median its historical median of 21.04. Over the past decade, CK Power PCL's Operating Margin % has ranged from 4.14 to 27.08. According to the industry distribution chart, CK Power PCL ranks #129 out of 417 companies in the Utilities - Independent Power Producers industry, placing it in the top 30.9%.
Is CK Power PCL's Operating Margin % too high?
CK Power PCL's current Operating Margin % of 12.07% is 43% below median its 10-year median of 21.04. Over the past 10 years, this metric has ranged from a low of 4.14 to a high of 27.08. The Utilities - Independent Power Producers industry median Operating Margin % is 13.38. CK Power PCL's value of 12.07% is 9.8% below this industry median. Based on the distribution chart, CK Power PCL ranks #129 out of 417 companies in the Utilities - Independent Power Producers industry, which is above the industry midpoint. Overall, CK Power PCL has a GF Score™ of 72/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does CK Power PCL's Operating Margin % compare to CEG and VST?
According to the Utilities - Independent Power Producers industry distribution chart, CK Power PCL ranks #129 out of 417 companies for Operating Margin %. This puts CK Power PCL in the upper half of its industry. The industry median Operating Margin % is 13.38. CK Power PCL's value of 12.07% is 9.8% below this benchmark. Historically, CK Power PCL's own Operating Margin % has ranged from 4.14 to 27.08 over the past decade. While the company's 10-year median is 21.04 vs. the industry median of 13.38, CK Power 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 Operating Margin % for an Utilities - Independent Power Producers company?
The median Operating Margin % among Utilities - Independent Power Producers companies is 13.38, based on 417 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. CK Power PCL's current Operating Margin % of 12.07% is 9.8% 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 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 CK Power PCL and its competitors. For the Utilities - Independent Power Producers industry, the median Operating Margin % is 13.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CK Power PCL's current Operating Margin % is 12.07%, which is 43% below median its own 10-year median of 21.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CK Power PCL stock overvalued right now?
Based on GuruFocus' analysis, CK Power PCL (BKK:CKP) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿2.92, compared to a current price of ฿2.40 — trading 17.8% below its estimated fair value. The current Operating Margin % is 12.07%, which is 43% below median its 10-year median of 21.04 and 9.8% below the Utilities - Independent Power Producers industry median of 13.38. CK Power PCL's overall GF Score™ is 72/100 with 7 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 CK Power PCL (BKK:CKP), the current Operating Margin % is 12.07% 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 CK Power PCL (BKK:CKP) Overvalued in 2026?
Based on GuruFocus' analysis, CK Power PCL stock appears to be undervalued.
The current stock price of ฿2.40 is trading 17.8% below its estimated GF Value™ of ฿2.92.
GuruFocus considers CK Power PCL to be Modestly Undervalued.
Key valuation signals for BKK:CKP:
Operating Margin %: 12.07% (43% below median its 10-year median of 21.04)
GF Value™: ฿2.92 vs. price of ฿2.40 (17.8% below fair value)
Industry Position: 9.8% below the Utilities - Independent Power Producers median (#129 of 417)
No single metric tells the full story. See the BKK:CKP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
CK Power PCL principally engaged in investment in companies, whose principal business operation is the generation of electricity for sales, and provision of consulting services and other services relating to electricity generating projects both locally and overseas. The company's business segments are: generation of electricity from hydroelectric power, generation of electricity from solar power, and generation of electricity from thermal power, and other segments. The majority of revenue is from generation of electricity from thermal power.
72GF Score
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