Thai Packaging & Printing PCLBKK:TPP-R 81 Operating Margin % is 22.94% as of Mar. 2026, which is 237% above its 10-year median of 6.81. GuruFocus rates BKK:TPP-R with a GF Score™ of 81/100 and a GF Value™ of ฿12.74. The stock has 1 warning sign investors should review. Among 393 Packaging & Containers companies, Thai Packaging & Printing PCL ranks better than 95.93% on this metric.
Thai Packaging & Printing PCL operating margin is expanding. Margin expansion is usually a good sign.
The historical rank and industry rank for Thai Packaging & Printing PCL's Operating Margin % or its related term are showing as below:
BKK:TPP-R'
s Operating Margin % Range Over the Past 10 Years
Min: -1.53 Med: 6.81 Max: 21.15
Current: 21.15
BKK:TPP-R's Operating Margin % is ranked better than 95.93% of 393
companies
in the Packaging & Containers industry
Industry Median: 5.24
vs BKK:TPP-R: 21.15
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.
Thai Packaging & Printing PCL Operating Margin % Related Terms
Thai Packaging & Printing PCL Operating Margin % Historical Data
* 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:TPP-R vs SW, PKG, AMCR: Operating Margin % Comparison
For the Packaging & Containers subindustry, Thai Packaging & Printing 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 Packaging & Printing PCL Operating Margin % vs Packaging & Containers Industry
For the Packaging & Containers industry and Consumer Cyclical sector, Thai Packaging & Printing PCL's Operating Margin % distribution charts can be found below:
* The bar in red indicates where Thai Packaging & Printing 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.
* 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 Packaging & Printing PCL (BKK:TPP-R) has a Operating Margin % of 22.94% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Thai Packaging & Printing PCL and its competitors. This is 237% above median its historical median of 6.81. According to the industry distribution chart, Thai Packaging & Printing PCL ranks #16 out of 393 companies in the Packaging & Containers industry, placing it in the top 4.1%.
Is Thai Packaging & Printing PCL's Operating Margin % too high?
Thai Packaging & Printing PCL's current Operating Margin % of 22.94% is 237% above median its 10-year median of 6.81. The Packaging & Containers industry median Operating Margin % is 5.24. Thai Packaging & Printing PCL's value of 22.94% is 337.8% above this industry median. Based on the distribution chart, Thai Packaging & Printing PCL ranks #16 out of 393 companies in the Packaging & Containers industry, which is in the top quartile — a strong position relative to peers. Overall, Thai Packaging & Printing PCL has a GF Score™ of 81/100, reflecting its overall financial health beyond just this single metric.
How does Thai Packaging & Printing PCL's Operating Margin % compare to SW and PKG?
According to the Packaging & Containers industry distribution chart, Thai Packaging & Printing PCL ranks #16 out of 393 companies for Operating Margin %. This places Thai Packaging & Printing PCL in the top 4% of its industry — outperforming the majority of peers. The industry median Operating Margin % is 5.24. Thai Packaging & Printing PCL's value of 22.94% is 337.8% above this benchmark. While the company's 10-year median is 6.81 vs. the industry median of 5.24, Thai Packaging & Printing 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 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. Thai Packaging & Printing PCL's current Operating Margin % of 22.94% is 337.8% 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 Thai Packaging & Printing 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. Thai Packaging & Printing PCL's current Operating Margin % is 22.94%, which is 237% above median its own 10-year median of 6.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thai Packaging & Printing PCL stock overvalued right now?
Thai Packaging & Printing PCL (BKK:TPP-R) has a current Operating Margin % of 22.94%. The stock's GF Value™ is ฿12.74, compared to a current price of ฿10.20 — trading 19.9% below its estimated fair value. The current Operating Margin % is 22.94%, which is 237% above median its 10-year median of 6.81 and 337.8% above the Packaging & Containers industry median of 5.24. Thai Packaging & Printing PCL's overall GF Score™ is 81/100 with 1 warning sign 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 Packaging & Printing PCL (BKK:TPP-R), the current Operating Margin % is 22.94% 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 Packaging & Printing PCL (BKK:TPP-R) Overvalued in 2026?
Based on GuruFocus' analysis, Thai Packaging & Printing PCL stock appears to be undervalued.
The current stock price of ฿10.20 is trading 19.9% below its estimated GF Value™ of ฿12.74.
Key valuation signals for BKK:TPP-R:
Operating Margin %: 22.94% (237% above median its 10-year median of 6.81)
GF Value™: ฿12.74 vs. price of ฿10.20 (19.9% below fair value)
Industry Position: 337.8% above the Packaging & Containers median (#16 of 393)
No single metric tells the full story. See the BKK:TPP-R stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Thai Packaging & Printing PCL Business Description
Thai Packaging & Printing PCL along with its subsidiaries is engaged in the manufacturing and distributing of box packaging. It manufactures its products for automotive, electric, medical appliances, food and beverage, houseware, fast-moving consumer, toy, and miscellaneous industries. It offers design and development solutions for industrial and consumer packaging. Its products include Folding boxes, Corrugated folding boxes, Ice cream tubes, Corrugated sheet board, Corrugated master cartons, Leaflet brochures, and magazines. The company also offer agent services for air passengers and cargo. It generates a majority of the revenue from the Packaging business.
81GF Score
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