Thai Vegetable Oil PCL (BKK:TVO) Pretax Margin %: 11.07% (As of Mar. 2026) — 31% Above Median

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BKK:TVO Thai Vegetable Oil PCL BKK:TVO
82 GF Score
Price ฿27.25
GF Value ฿20.99
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Thai Vegetable Oil PCL Pretax Margin %?

Thai Vegetable Oil PCL BKK:TVO 82 Pretax Margin % is 11.07% as of Mar. 2026, which is 31% above its 10-year median of 8.47. GuruFocus rates BKK:TVO with a GF Score™ of 82/100 and a GF Value™ of ฿20.99 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 1,955 Consumer Packaged Goods companies, Thai Vegetable Oil PCL ranks better than 71.87% on this metric.

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Thai Vegetable Oil PCL's Pre-Tax Income for the three months ended in Mar. 2026 was ฿855 Mil. Thai Vegetable Oil PCL's Revenue for the three months ended in Mar. 2026 was ฿7,727 Mil. Therefore, Thai Vegetable Oil PCL's pretax margin for the quarter that ended in Mar. 2026 was 11.07%.

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

BKK:TVO' s Pretax Margin % Range Over the Past 10 Years
Min: 2.72   Med: 8.47   Max: 11.62
Current: 10.13


BKK:TVO's Pretax Margin % is ranked better than
71.87% of 1955 companies
in the Consumer Packaged Goods industry
Industry Median: 4.7 vs BKK:TVO: 10.13

Thai Vegetable Oil PCL  (BKK:TVO) Pretax Margin % Explanation

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.


Thai Vegetable Oil PCL Pretax Margin % Related Terms


Thai Vegetable Oil PCL Pretax Margin % Historical Data

* Premium members only.

The historical data trend for Thai Vegetable Oil 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.

Thai Vegetable Oil PCL Pretax Margin % Chart

Thai Vegetable Oil PCL Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.39 5.20 2.72 8.68 9.84

Thai Vegetable Oil PCL Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Pretax 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 Premium Member Only Premium Member Only 10.03 12.09 9.67 7.92 11.07

BKK:TVO vs KHC, GIS: Pretax Margin % Comparison

For the Packaged Foods subindustry, Thai Vegetable Oil 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.


Thai Vegetable Oil PCL Pretax Margin % vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Thai Vegetable Oil PCL's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Thai Vegetable Oil PCL's Pretax Margin % falls into.


BKK:TVO
82GF Score
Thai Vegetable Oil PCL BKK:TVO
Pretax Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Thai Vegetable Oil PCL Pretax Margin % Calculation

Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.

Thai Vegetable Oil PCL's Pretax Margin for the fiscal year that ended in Dec. 2025 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=2735.943/27793.372
=9.84 %

Thai Vegetable Oil PCL's Pretax Margin for the quarter that ended in Mar. 2026 is calculated as

Pretax Margin=Pre-Tax Income (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=855.01/7726.588
=11.07 %

* 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 Pretax Margin % →
What does a Pretax Margin % of 11.07% mean?
Thai Vegetable Oil PCL (BKK:TVO) has a Pretax Margin % of 11.07% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Thai Vegetable Oil PCL and its competitors. This is 31% above median its historical median of 8.47. Over the past decade, Thai Vegetable Oil PCL's Pretax Margin % has ranged from 2.72 to 11.62. According to the industry distribution chart, Thai Vegetable Oil PCL ranks #550 out of 1955 companies in the Consumer Packaged Goods industry, placing it in the top 28.1%.
Is Thai Vegetable Oil PCL's Pretax Margin % too high?
Thai Vegetable Oil PCL's current Pretax Margin % of 11.07% is 31% above median its 10-year median of 8.47. Over the past 10 years, this metric has ranged from a low of 2.72 to a high of 11.62. The Consumer Packaged Goods industry median Pretax Margin % is 4.70. Thai Vegetable Oil PCL's value of 11.07% is 135.5% above this industry median. Based on the distribution chart, Thai Vegetable Oil PCL ranks #550 out of 1955 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, Thai Vegetable Oil PCL has a GF Score™ of 82/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Thai Vegetable Oil PCL's Pretax Margin % compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Thai Vegetable Oil PCL ranks #550 out of 1955 companies for Pretax Margin %. This puts Thai Vegetable Oil PCL in the upper half of its industry. The industry median Pretax Margin % is 4.70. Thai Vegetable Oil PCL's value of 11.07% is 135.5% above this benchmark. Historically, Thai Vegetable Oil PCL's own Pretax Margin % has ranged from 2.72 to 11.62 over the past decade. While the company's 10-year median is 8.47 vs. the industry median of 4.70, Thai Vegetable Oil 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 Consumer Packaged Goods company?
The median Pretax Margin % among Consumer Packaged Goods companies is 4.70, based on 1,955 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. Thai Vegetable Oil PCL's current Pretax Margin % of 11.07% is 135.5% 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 Thai Vegetable Oil PCL and its competitors. For the Consumer Packaged Goods industry, the median Pretax Margin % is 4.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thai Vegetable Oil PCL's current Pretax Margin % is 11.07%, which is 31% above median its own 10-year median of 8.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thai Vegetable Oil PCL stock overvalued right now?
Based on GuruFocus' analysis, Thai Vegetable Oil PCL (BKK:TVO) is currently considered Modestly Overvalued. The stock's GF Value™ is ฿20.99, compared to a current price of ฿27.25 — trading 29.8% above its estimated fair value. The current Pretax Margin % is 11.07%, which is 31% above median its 10-year median of 8.47 and 135.5% above the Consumer Packaged Goods industry median of 4.70. Thai Vegetable Oil PCL's overall GF Score™ is 82/100 with 6 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 Thai Vegetable Oil PCL (BKK:TVO), the current Pretax Margin % is 11.07% 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 Vegetable Oil PCL (BKK:TVO) Overvalued in 2026?

Based on GuruFocus' analysis, Thai Vegetable Oil PCL stock appears to be overvalued. The current stock price of ฿27.25 is trading 29.8% above its estimated GF Value™ of ฿20.99. GuruFocus considers Thai Vegetable Oil PCL to be Modestly Overvalued.

Key valuation signals for BKK:TVO:

  • Pretax Margin %: 11.07% (31% above median its 10-year median of 8.47)
  • GF Value™: ฿20.99 vs. price of ฿27.25 (29.8% above fair value)
  • GF Score™: 82/100 with 6 warning signs
  • Industry Position: 135.5% above the Consumer Packaged Goods median (#550 of 1955)

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


Thai Vegetable Oil PCL Business Description

Other Exchanges TVTB:Germany
Address 149 Ratchadapisek Road (Thapra-Taksin), Bukkhalo Sub-District, Thonburi District, Bangkok, THA, 10600
Thai Vegetable Oil PCL is engaged in the manufacture and distribution of soy meal and soybean oil. The company has three reportable segments, namely, the manufacture and distribution of products from the soybean segment, which derives key revenue and is engaged in the manufacturing and distribution of soy meal and soybean oil; the manufacture and distribution of packaging products; and the Other segment, which is the distribution of consumer products. The company operates in Thailand only.
82GF Score

Get the complete analysis for BKK:TVO

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

฿27.25
Price
฿20.99
GF Value