Dcon Products PCL (BKK:DCON) Gross Margin %: 23.11% (As of Mar. 2026) — 31% Below Median


BKK:DCON Dcon Products PCL BKK:DCON
33 GF Score
Price ฿0.18
GF Value ฿0.23
Valuation Modestly Undervalued
! 10 Warning Signs
View Full Analysis

What is Dcon Products PCL Gross Margin %?

Dcon Products PCL BKK:DCON -5.26% 33 Gross Margin % is 23.11% as of Mar. 2026, which is 31% below its 10-year median of 33.53. GuruFocus rates BKK:DCON with a GF Score™ of 33/100 and a GF Value™ of ฿0.23 (Modestly Undervalued). The stock has 10 warning signs investors should review. Among 398 Building Materials companies, Dcon Products PCL ranks worse than 55.28% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Dcon Products PCL's Gross Profit for the three months ended in Mar. 2026 was ฿60.3 Mil. Dcon Products PCL's Revenue for the three months ended in Mar. 2026 was ฿260.7 Mil. Therefore, Dcon Products PCL's Gross Margin % for the quarter that ended in Mar. 2026 was 23.11%.

Warning Sign:

Dcon Products PCL gross margin has been in long-term decline. The average rate of decline per year is -4%.


The historical rank and industry rank for Dcon Products PCL's Gross Margin % or its related term are showing as below:

BKK:DCON' s Gross Margin % Range Over the Past 10 Years
Min: 24.52   Med: 33.53   Max: 37.89
Current: 24.52


During the past 13 years, the highest Gross Margin % of Dcon Products PCL was 37.89%. The lowest was 24.52%. And the median was 33.53%.

BKK:DCON's Gross Margin % is ranked worse than
55.28% of 398 companies
in the Building Materials industry
Industry Median: 26.19 vs BKK:DCON: 24.52

Dcon Products PCL had a gross margin of 23.11% for the quarter that ended in Mar. 2026 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Dcon Products PCL was -4.00% per year.


Dcon Products PCL  (BKK:DCON) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Dcon Products PCL had a gross margin of 23.11% for the quarter that ended in Mar. 2026 => Competition eroding margins


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


Dcon Products PCL Gross Margin % Related Terms


Dcon Products PCL Gross Margin % Historical Data

* Premium members only.

The historical data trend for Dcon Products PCL's Gross 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.

Dcon Products PCL Gross Margin % Chart

Dcon Products PCL Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 30.84 28.61 32.76 28.97 26.17

Dcon Products PCL Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Gross 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 29.06 25.99 25.55 23.58 23.11

BKK:DCON vs CRH, VMC, MLM: Gross Margin % Comparison

For the Building Materials subindustry, Dcon Products PCL's Gross Margin %, along with its competitors' market caps and Gross 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.


Dcon Products PCL Gross Margin % vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, Dcon Products PCL's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Dcon Products PCL's Gross Margin % falls into.


BKK:DCON
33GF Score
Dcon Products PCL BKK:DCON
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Dcon Products PCL Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Dcon Products PCL's Gross Margin for the fiscal year that ended in Dec. 2025 is calculated as

Gross Margin % (A: Dec. 2025 )=Gross Profit (A: Dec. 2025 ) / Revenue (A: Dec. 2025 )
=237.1 / 905.796
=(Revenue - Cost of Goods Sold) / Revenue
=(905.796 - 668.727) / 905.796
=26.17 %

Dcon Products PCL's Gross Margin for the quarter that ended in Mar. 2026 is calculated as


Gross Margin % (Q: Mar. 2026 )=Gross Profit (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=60.3 / 260.719
=(Revenue - Cost of Goods Sold) / Revenue
=(260.719 - 200.467) / 260.719
=23.11 %

* 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.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.

Frequently Asked Questions Learn more about Gross Margin % →
What does a Gross Margin % of 23.11% mean?
Dcon Products PCL (BKK:DCON) has a Gross Margin % of 23.11% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Dcon Products PCL and its competitors. This is 31% below median its historical median of 33.53. Over the past decade, Dcon Products PCL's Gross Margin % has ranged from 24.52 to 37.89. According to the industry distribution chart, Dcon Products PCL ranks #220 out of 398 companies in the Building Materials industry, placing it in the top 55.3%.
Is Dcon Products PCL's Gross Margin % too high?
Dcon Products PCL's current Gross Margin % of 23.11% is 31% below median its 10-year median of 33.53. Over the past 10 years, this metric has ranged from a low of 24.52 to a high of 37.89. The Building Materials industry median Gross Margin % is 26.19. Dcon Products PCL's value of 23.11% is 11.8% below this industry median. Based on the distribution chart, Dcon Products PCL ranks #220 out of 398 companies in the Building Materials industry, which is below the industry midpoint. Overall, Dcon Products PCL has a GF Score™ of 33/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Dcon Products PCL's Gross Margin % compare to CRH and VMC?
According to the Building Materials industry distribution chart, Dcon Products PCL ranks #220 out of 398 companies for Gross Margin %. This places Dcon Products PCL in the lower half of its industry. The industry median Gross Margin % is 26.19. Dcon Products PCL's value of 23.11% is 11.8% below this benchmark. Historically, Dcon Products PCL's own Gross Margin % has ranged from 24.52 to 37.89 over the past decade. While the company's 10-year median is 33.53 vs. the industry median of 26.19, Dcon Products 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 Gross Margin % for a Building Materials company?
The median Gross Margin % among Building Materials companies is 26.19, based on 398 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Dcon Products PCL's current Gross Margin % of 23.11% is 11.8% 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 Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on Dcon Products PCL and its competitors. For the Building Materials industry, the median Gross Margin % is 26.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dcon Products PCL's current Gross Margin % is 23.11%, which is 31% below median its own 10-year median of 33.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dcon Products PCL stock overvalued right now?
Based on GuruFocus' analysis, Dcon Products PCL (BKK:DCON) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿0.23, compared to a current price of ฿0.18 — trading 21.7% below its estimated fair value. The current Gross Margin % is 23.11%, which is 31% below median its 10-year median of 33.53 and 11.8% below the Building Materials industry median of 26.19. Dcon Products PCL's overall GF Score™ is 33/100 with 10 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For Dcon Products PCL (BKK:DCON), the current Gross Margin % is 23.11% 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 Dcon Products PCL (BKK:DCON) Overvalued in 2026?

Based on GuruFocus' analysis, Dcon Products PCL stock appears to be undervalued. The current stock price of ฿0.18 is trading 21.7% below its estimated GF Value™ of ฿0.23. GuruFocus considers Dcon Products PCL to be Modestly Undervalued.

Key valuation signals for BKK:DCON:

  • Gross Margin %: 23.11% (31% below median its 10-year median of 33.53)
  • GF Value™: ฿0.23 vs. price of ฿0.18 (21.7% below fair value)
  • GF Score™: 33/100 with 10 warning signs
  • Industry Position: 11.8% below the Building Materials median (#220 of 398)

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


Dcon Products PCL Business Description

Address Phaholyothin Road, 3300/57 Chang Tower B Building, 8th Floor, Ladyao, Bangkok, THA, 10900
Dcon Products PCL is engaged in the business of manufacturing and selling construction supplies (precast floor, concrete post, and others), sales of land, and the lease of real estate in Thailand. The Majority of its revenue is derived from sales of construction materials. The group mainly operates in Thailand. The Company is manufacturing a flat pre-stressed concrete plank under an international quality management system.
33GF Score

Get the complete analysis for BKK:DCON

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

฿0.18
Price
฿0.23
GF Value