Thai Parcels PCL (BKK:TPL) Operating Margin %: -5.19% (As of Mar. 2026)


BKK:TPL Thai Parcels PCL BKK:TPL
9 GF Score
Price ฿0.53
GF Value ฿0.74
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Thai Parcels PCL Operating Margin %?

Thai Parcels PCL BKK:TPL +1.92% 9 Operating Margin % is -5.19% as of Mar. 2026. GuruFocus rates BKK:TPL with a GF Score™ of 9/100 and a GF Value™ of ฿0.74 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 1,007 Transportation companies, Thai Parcels PCL ranks worse than 92.45% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. Thai Parcels PCL's Operating Income for the three months ended in Mar. 2026 was ฿-18.0 Mil. Thai Parcels PCL's Revenue for the three months ended in Mar. 2026 was ฿346.0 Mil. Therefore, Thai Parcels PCL's Operating Margin % for the quarter that ended in Mar. 2026 was -5.19%.

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

BKK:TPL' s Operating Margin % Range Over the Past 10 Years
Min: -8.6   Med: 2.45   Max: 5.91
Current: -8.58


BKK:TPL's Operating Margin % is ranked worse than
92.45% of 1007 companies
in the Transportation industry
Industry Median: 7.36 vs BKK:TPL: -8.58

Thai Parcels PCL's 5-Year Average Operating Margin % Growth Rate was 0.00% per year.

Thai Parcels PCL's Operating Income for the three months ended in Mar. 2026 was ฿-18.0 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was ฿-75.0 Mil.


Thai Parcels PCL  (BKK:TPL) 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.


Thai Parcels PCL Operating Margin % Related Terms


Thai Parcels PCL Operating Margin % Historical Data

* Premium members only.

The historical data trend for Thai Parcels 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.

Thai Parcels PCL Operating Margin % Chart

Thai Parcels PCL Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Operating Margin %
5.46 5.91 -0.31 2.45 -8.60

Thai Parcels PCL Quarterly Data
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 1.05 3.01 -11.03 -16.94 -5.19

BKK:TPL vs FDX, UPS, JBHT: Operating Margin % Comparison

For the Integrated Freight & Logistics subindustry, Thai Parcels 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.


Thai Parcels PCL Operating Margin % vs Transportation Industry

For the Transportation industry and Industrials sector, Thai Parcels PCL's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Thai Parcels PCL's Operating Margin % falls into.


BKK:TPL
9GF Score
Thai Parcels PCL BKK:TPL
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Thai Parcels 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.

Thai Parcels 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 )
=-55.73 / 648.259
=-8.60 %

Thai Parcels 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 )
=-17.965 / 346.042
=-5.19 %

* 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 -5.19% mean?
Thai Parcels PCL (BKK:TPL) has a Operating Margin % of -5.19% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Thai Parcels PCL and its competitors. According to the industry distribution chart, Thai Parcels PCL ranks #931 out of 1007 companies in the Transportation industry, placing it in the top 92.5%.
Is Thai Parcels PCL's Operating Margin % too high?
Thai Parcels PCL's current Operating Margin % is -5.19%. Based on the distribution chart, Thai Parcels PCL ranks #931 out of 1007 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, Thai Parcels PCL has a GF Score™ of 9/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Thai Parcels PCL's Operating Margin % compare to FDX and UPS?
According to the Transportation industry distribution chart, Thai Parcels PCL ranks #931 out of 1007 companies for Operating Margin %. This places Thai Parcels PCL in the lower half of its industry. The industry median Operating Margin % is 7.36. 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 Transportation company?
The median Operating Margin % among Transportation companies is 7.36, based on 1,007 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 Thai Parcels PCL and its competitors. For the Transportation industry, the median Operating Margin % is 7.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thai Parcels PCL's current Operating Margin % is -5.19%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thai Parcels PCL stock overvalued right now?
Based on GuruFocus' analysis, Thai Parcels PCL (BKK:TPL) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿0.74, compared to a current price of ฿0.53 — trading 28.4% below its estimated fair value. The current Operating Margin % is -5.19%. Thai Parcels PCL's overall GF Score™ is 9/100 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 Thai Parcels PCL (BKK:TPL), the current Operating Margin % is -5.19% 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 Thai Parcels PCL (BKK:TPL) Overvalued in 2026?

Based on GuruFocus' analysis, Thai Parcels PCL stock appears to be undervalued. The current stock price of ฿0.53 is trading 28.4% below its estimated GF Value™ of ฿0.74. GuruFocus considers Thai Parcels PCL to be Modestly Undervalued.

Key valuation signals for BKK:TPL:

  • Operating Margin %: -5.19%
  • GF Value™: ฿0.74 vs. price of ฿0.53 (28.4% below fair value)
  • GF Score™: 9/100 with 5 warning signs

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


Thai Parcels PCL Business Description

Address 1018, Luang Phaeng Road, Thap Yao Sub-district, Lat Krabang District, Bangkok, THA, 10520
Thai Parcels PCL is engaged in the provision of freight transportation, cargo handling, and warehousing services. The Group also provides various forms of passenger transportation services catering to both industrial and tourism sectors. Its segments include the core business of transportation and handling services for goods, as well as warehousing, which generates the maximum revenue. In addition, the Company provides various types of non-scheduled passenger transportation services specifically focused on the tourism sector, as well as non-scheduled passenger transportation services that cater exclusively to the industrial sector. The Company operates in Thailand only.
9GF Score

Get the complete analysis for BKK:TPL

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

฿0.53
Price
฿0.74
GF Value