Thantawan Industry PCLBKK:THIP-R 72 Operating Margin % is 1.38% as of Mar. 2026, which is 84% below its 10-year median of 8.77. GuruFocus rates BKK:THIP-R with a GF Score™ of 72/100 and a GF Value™ of ฿36.74. The stock has 6 warning signs investors should review. Among 393 Packaging & Containers companies, Thantawan Industry PCL ranks worse than 53.44% on this metric.
Thantawan Industry PCL operating margin has been in a 5-year decline. The average rate of decline per year is -11.6%.
The historical rank and industry rank for Thantawan Industry PCL's Operating Margin % or its related term are showing as below:
BKK:THIP-R'
s Operating Margin % Range Over the Past 10 Years
Min: 4.73 Med: 8.77 Max: 14.13
Current: 4.73
BKK:THIP-R's Operating Margin % is ranked worse than 53.44% of 393
companies
in the Packaging & Containers industry
Industry Median: 5.24
vs BKK:THIP-R: 4.73
Thantawan Industry PCL's 5-Year Average Operating Margin % Growth Rate was -11.60% per year.
Thantawan Industry PCL (BKK:THIP-R) 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.
Thantawan Industry PCL Operating Margin % Related Terms
Thantawan Industry PCL Operating Margin % Historical Data
* Premium members only.
The historical data trend for Thantawan Industry 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:THIP-R vs SW, PKG, AMCR: Operating Margin % Comparison
For the Packaging & Containers subindustry, Thantawan Industry 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.
Thantawan Industry PCL Operating Margin % vs Packaging & Containers Industry
For the Packaging & Containers industry and Consumer Cyclical sector, Thantawan Industry PCL's Operating Margin % distribution charts can be found below:
* The bar in red indicates where Thantawan Industry PCL's Operating Margin % falls into.
Thantawan Industry 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.
Thantawan Industry 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.
Thantawan Industry PCL (BKK:THIP-R) has a Operating Margin % of 1.38% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Thantawan Industry PCL and its competitors. This is 84% below median its historical median of 8.77. Over the past decade, Thantawan Industry PCL's Operating Margin % has ranged from 4.73 to 14.13. According to the industry distribution chart, Thantawan Industry PCL ranks #210 out of 393 companies in the Packaging & Containers industry, placing it in the top 53.4%.
Is Thantawan Industry PCL's Operating Margin % too high?
Thantawan Industry PCL's current Operating Margin % of 1.38% is 84% below median its 10-year median of 8.77. Over the past 10 years, this metric has ranged from a low of 4.73 to a high of 14.13. The Packaging & Containers industry median Operating Margin % is 5.24. Thantawan Industry PCL's value of 1.38% is 73.7% below this industry median. Based on the distribution chart, Thantawan Industry PCL ranks #210 out of 393 companies in the Packaging & Containers industry, which is below the industry midpoint. Overall, Thantawan Industry PCL has a GF Score™ of 72/100, reflecting its overall financial health beyond just this single metric.
How does Thantawan Industry PCL's Operating Margin % compare to SW and PKG?
According to the Packaging & Containers industry distribution chart, Thantawan Industry PCL ranks #210 out of 393 companies for Operating Margin %. This places Thantawan Industry PCL in the lower half of its industry. The industry median Operating Margin % is 5.24. Thantawan Industry PCL's value of 1.38% is 73.7% below this benchmark. Historically, Thantawan Industry PCL's own Operating Margin % has ranged from 4.73 to 14.13 over the past decade. While the company's 10-year median is 8.77 vs. the industry median of 5.24, Thantawan Industry 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 a Packaging & Containers company?
The median Operating Margin % among Packaging & Containers companies is 5.24, based on 393 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. Thantawan Industry PCL's current Operating Margin % of 1.38% is 73.7% 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 Thantawan Industry PCL and its competitors. For the Packaging & Containers industry, the median Operating Margin % is 5.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thantawan Industry PCL's current Operating Margin % is 1.38%, which is 84% below median its own 10-year median of 8.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thantawan Industry PCL stock overvalued right now?
Thantawan Industry PCL (BKK:THIP-R) has a current Operating Margin % of 1.38%. The stock's GF Value™ is ฿36.74, compared to a current price of ฿23.00 — trading 37.4% below its estimated fair value. The current Operating Margin % is 1.38%, which is 84% below median its 10-year median of 8.77 and 73.7% below the Packaging & Containers industry median of 5.24. Thantawan Industry PCL's overall GF Score™ is 72/100 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 Thantawan Industry PCL (BKK:THIP-R), the current Operating Margin % is 1.38% 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 Thantawan Industry PCL (BKK:THIP-R) Overvalued in 2026?
Based on GuruFocus' analysis, Thantawan Industry PCL stock appears to be undervalued.
The current stock price of ฿23.00 is trading 37.4% below its estimated GF Value™ of ฿36.74.
Key valuation signals for BKK:THIP-R:
Operating Margin %: 1.38% (84% below median its 10-year median of 8.77)
GF Value™: ฿36.74 vs. price of ฿23.00 (37.4% below fair value)
Industry Position: 73.7% below the Packaging & Containers median (#210 of 393)
No single metric tells the full story. See the BKK:THIP-R stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Thantawan Industry PCL is a Thailand-based company that engages in the manufacturing and selling of plastic products, such as general plastic bags, thin bags, and drinking straws. The Group manufactures and sells plastic products, which are divided into two main products: plastic bags and straw products. Other products are Zipper tape and resin scrap, etc. Key revenue is generated from Plastic bag. The geographical area of its operation is Thailand and Vietnam.
72GF Score
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