Thaicom PCLBKK:THCOM 78 Operating Margin % is -17.46% as of Mar. 2026. GuruFocus rates BKK:THCOM with a GF Score™ of 78/100 and a GF Value™ of ฿11.68 (Fairly Valued). The stock has 7 warning signs investors should review. Among 367 Telecommunication Services companies, Thaicom PCL ranks worse than 65.94% on this metric.
Operating Margin % is calculated as Operating Income divided by its Revenue. Thaicom PCL's Operating Income for the
three
months ended in Mar. 2026 was ฿-79 Mil. Thaicom PCL's Revenue for the
three
months ended in Mar. 2026 was ฿453 Mil. Therefore, Thaicom PCL's Operating Margin % for the quarter that ended in Mar. 2026 was -17.46%.
The historical rank and industry rank for Thaicom PCL's Operating Margin % or its related term are showing as below:
BKK:THCOM'
s Operating Margin % Range Over the Past 10 Years
Min: -4.27 Med: 3.49 Max: 18.07
Current: 5.09
BKK:THCOM's Operating Margin % is ranked worse than 65.94% of 367
companies
in the Telecommunication Services industry
Industry Median: 9.73
vs BKK:THCOM: 5.09
Thaicom PCL's 5-Year Average Operating Margin % Growth Rate was 0.00% per year.
Thaicom PCL's Operating Income for the
three
months ended in Mar. 2026 was ฿-79 Mil.
Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was ฿123 Mil.
Warning Sign:
Thaicom PCL had lost money in 50% of the time over the past 12quarters.
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.
Thaicom PCL Operating Margin % Related Terms
Thaicom PCL Operating Margin % Historical Data
* Premium members only.
The historical data trend for Thaicom 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:THCOM vs TMUS, VZ, T: Operating Margin % Comparison
For the Telecom Services subindustry, Thaicom 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.
Thaicom PCL Operating Margin % vs Telecommunication Services Industry
For the Telecommunication Services industry and Communication Services sector, Thaicom PCL's Operating Margin % distribution charts can be found below:
* The bar in red indicates where Thaicom 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.
Thaicom 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.
Thaicom PCL (BKK:THCOM) has a Operating Margin % of -17.46% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Thaicom PCL and its competitors. According to the industry distribution chart, Thaicom PCL ranks #242 out of 367 companies in the Telecommunication Services industry, placing it in the top 65.9%.
Is Thaicom PCL's Operating Margin % too high?
Thaicom PCL's current Operating Margin % is -17.46%. Based on the distribution chart, Thaicom PCL ranks #242 out of 367 companies in the Telecommunication Services industry, which is below the industry midpoint. Overall, Thaicom PCL has a GF Score™ of 78/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Thaicom PCL's Operating Margin % compare to TMUS and VZ?
According to the Telecommunication Services industry distribution chart, Thaicom PCL ranks #242 out of 367 companies for Operating Margin %. This places Thaicom PCL in the lower half of its industry. The industry median Operating Margin % is 9.73. 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 a Telecommunication Services company?
The median Operating Margin % among Telecommunication Services companies is 9.73, based on 367 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. 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 Thaicom PCL and its competitors. For the Telecommunication Services industry, the median Operating Margin % is 9.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thaicom PCL's current Operating Margin % is -17.46%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thaicom PCL stock overvalued right now?
Based on GuruFocus' analysis, Thaicom PCL (BKK:THCOM) is currently considered Fairly Valued. The stock's GF Value™ is ฿11.68, compared to a current price of ฿11.00 — trading 5.8% below its estimated fair value. The current Operating Margin % is -17.46%. Thaicom PCL's overall GF Score™ is 78/100 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 Thaicom PCL (BKK:THCOM), the current Operating Margin % is -17.46% 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 Thaicom PCL (BKK:THCOM) Overvalued in 2026?
Based on GuruFocus' analysis, Thaicom PCL stock appears to be undervalued.
The current stock price of ฿11.00 is trading 5.8% below its estimated GF Value™ of ฿11.68.
GuruFocus considers Thaicom PCL to be Fairly Valued.
Key valuation signals for BKK:THCOM:
Operating Margin %: -17.46%
GF Value™: ฿11.68 vs. price of ฿11.00 (5.8% below fair value)
No single metric tells the full story. See the BKK:THCOM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Thaicom PCL is engaged in transponder services for domestic & international communications, sale of the user terminal, broadband content services, sale of direct television equipment, internet data center services, internet services, satellite uplink-downlink services, broadcasting television service, telecommunication, printing, publishing of business telephone directories, banner advertising, telephone network services, mobile contents, and engineering & development services on communication technology & electronics. It operates in three segments: Satellite services, Internet services & media, and Telephone networks. The company has operations in Thailand, Singapore, Australia, India and others.
78GF Score
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