Tpi Polene PCLBKK:TPIPL +2.53%70 Pretax Margin % is 11.23% as of Mar. 2026, which is 38% above its 10-year median of 8.11. GuruFocus rates BKK:TPIPL with a GF Score™ of 70/100 and a GF Value™ of ฿1.11 (Modestly Undervalued). The stock has 10 warning signs investors should review. Among 403 Building Materials companies, Tpi Polene PCL ranks better than 58.31% on this metric.
The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.
The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.
It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.
The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.
Tpi Polene PCL Pretax Margin % Related Terms
Tpi Polene PCL Pretax Margin % Historical Data
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The historical data trend for Tpi Polene PCL's Pretax 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:TPIPL vs CRH, VMC, MLM: Pretax Margin % Comparison
For the Building Materials subindustry, Tpi Polene PCL's Pretax Margin %, along with its competitors' market caps and Pretax 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.
Tpi Polene PCL Pretax Margin % vs Building Materials Industry
For the Building Materials industry and Basic Materials sector, Tpi Polene PCL's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Tpi Polene PCL's Pretax Margin % falls into.
* 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.
Tpi Polene PCL (BKK:TPIPL) has a Pretax Margin % of 11.23% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Tpi Polene PCL and its competitors. This is 38% above median its historical median of 8.11. According to the industry distribution chart, Tpi Polene PCL ranks #168 out of 403 companies in the Building Materials industry, placing it in the top 41.7%.
Is Tpi Polene PCL's Pretax Margin % too high?
Tpi Polene PCL's current Pretax Margin % of 11.23% is 38% above median its 10-year median of 8.11. The Building Materials industry median Pretax Margin % is 5.94. Tpi Polene PCL's value of 11.23% is 89.1% above this industry median. Based on the distribution chart, Tpi Polene PCL ranks #168 out of 403 companies in the Building Materials industry, which is above the industry midpoint. Overall, Tpi Polene PCL has a GF Score™ of 70/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Tpi Polene PCL's Pretax Margin % compare to CRH and VMC?
According to the Building Materials industry distribution chart, Tpi Polene PCL ranks #168 out of 403 companies for Pretax Margin %. This puts Tpi Polene PCL in the upper half of its industry. The industry median Pretax Margin % is 5.94. Tpi Polene PCL's value of 11.23% is 89.1% above this benchmark. While the company's 10-year median is 8.11 vs. the industry median of 5.94, Tpi Polene 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 Pretax Margin % for a Building Materials company?
The median Pretax Margin % among Building Materials companies is 5.94, based on 403 companies in the industry. Companies in the top quartile (top 25%) have a Pretax Margin % significantly above this median, while those in the bottom quartile fall well below. However, Pretax Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Tpi Polene PCL's current Pretax Margin % of 11.23% is 89.1% 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 Pretax Margin % mean?
A high Pretax Margin % can signal that a stock is expensive relative to its fundamentals. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Tpi Polene PCL and its competitors. For the Building Materials industry, the median Pretax Margin % is 5.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tpi Polene PCL's current Pretax Margin % is 11.23%, which is 38% above median its own 10-year median of 8.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tpi Polene PCL stock overvalued right now?
Based on GuruFocus' analysis, Tpi Polene PCL (BKK:TPIPL) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿1.11, compared to a current price of ฿0.81 — trading 27% below its estimated fair value. The current Pretax Margin % is 11.23%, which is 38% above median its 10-year median of 8.11 and 89.1% above the Building Materials industry median of 5.94. Tpi Polene PCL's overall GF Score™ is 70/100 with 10 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Pretax Margin % calculated?
Pretax Margin % is calculated from a company's financial statements. For Tpi Polene PCL (BKK:TPIPL), the current Pretax Margin % is 11.23% 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 Tpi Polene PCL (BKK:TPIPL) Overvalued in 2026?
Based on GuruFocus' analysis, Tpi Polene PCL stock appears to be undervalued.
The current stock price of ฿0.81 is trading 27% below its estimated GF Value™ of ฿1.11.
GuruFocus considers Tpi Polene PCL to be Modestly Undervalued.
Key valuation signals for BKK:TPIPL:
Pretax Margin %: 11.23% (38% above median its 10-year median of 8.11)
GF Value™: ฿1.11 vs. price of ฿0.81 (27% below fair value)
Industry Position: 89.1% above the Building Materials median (#168 of 403)
No single metric tells the full story. See the BKK:TPIPL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tpi Polene PCL is a producer and distributor of cement, clinker, and ready-mixed cement products in Thailand under the TPI Polene brand. The company's offerings include cement, mortar, low-density polyethylene plastics resin, ethylene vinyl acetate, solar cell encapsulants, concrete and concrete tiles, and fiber cement, among others. The company has four reportable segments: Construction Materials, Petrochemical & Chemicals, Energy & Utilities, and Agriculture. The majority of its revenue is generated from the Construction Materials segment. Geographically, it derives maximum revenue from Thailand and the rest from China, Bangladesh, Australia, India, Philippines, and other regions.
70GF Score
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