Hi-Clearance (ROCO:1788) Gross Margin %: 28.04% (As of Dec. 2025) — 18% Above Median

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ROCO:1788 Hi-Clearance Inc ROCO:1788
79 GF Score
Price NT$130.00
GF Value NT$138.61
Valuation Fairly Valued
! 4 Warning Signs
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What is Hi-Clearance Gross Margin %?

Hi-Clearance ROCO:1788 79 Gross Margin % is 28.04% as of Dec. 2025, which is 18% above its 10-year median of 23.73. GuruFocus rates ROCO:1788 with a GF Score™ of 79/100 and a GF Value™ of NT$138.61 (Fairly Valued). The stock has 4 warning signs investors should review. Among 805 Medical Devices & Instruments companies, Hi-Clearance ranks worse than 84.47% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Hi-Clearance's Gross Profit for the three months ended in Dec. 2025 was NT$306 Mil. Hi-Clearance's Revenue for the three months ended in Dec. 2025 was NT$1,092 Mil. Therefore, Hi-Clearance's Gross Margin % for the quarter that ended in Dec. 2025 was 28.04%.


The historical rank and industry rank for Hi-Clearance's Gross Margin % or its related term are showing as below:

ROCO:1788' s Gross Margin % Range Over the Past 10 Years
Min: 21.09   Med: 23.73   Max: 26.73
Current: 26.73


During the past 13 years, the highest Gross Margin % of Hi-Clearance was 26.73%. The lowest was 21.09%. And the median was 23.73%.

ROCO:1788's Gross Margin % is ranked worse than
84.47% of 805 companies
in the Medical Devices & Instruments industry
Industry Median: 52.07 vs ROCO:1788: 26.73

Hi-Clearance had a gross margin of 28.04% for the quarter that ended in Dec. 2025 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Hi-Clearance was 1.60% per year.


Hi-Clearance  (ROCO:1788) 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

Hi-Clearance had a gross margin of 28.04% for the quarter that ended in Dec. 2025 => 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.


Hi-Clearance Gross Margin % Related Terms


Hi-Clearance Gross Margin % Historical Data

* Premium members only.

The historical data trend for Hi-Clearance'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.

Hi-Clearance Gross Margin % Chart

Hi-Clearance 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 26.30 22.29 26.07 26.28 26.73

Hi-Clearance Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 24.65 25.74 26.09 27.00 28.04

ROCO:1788 vs ABT, SYK, MDT: Gross Margin % Comparison

For the Medical Devices subindustry, Hi-Clearance'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.


Hi-Clearance Gross Margin % vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Hi-Clearance's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Hi-Clearance's Gross Margin % falls into.


ROCO:1788
79GF Score
Hi-Clearance Inc ROCO:1788
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hi-Clearance Gross Margin % Calculation

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

Hi-Clearance'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 )
=1143.4 / 4278.234
=(Revenue - Cost of Goods Sold) / Revenue
=(4278.234 - 3134.792) / 4278.234
=26.73 %

Hi-Clearance's Gross Margin for the quarter that ended in Dec. 2025 is calculated as


Gross Margin % (Q: Dec. 2025 )=Gross Profit (Q: Dec. 2025 ) / Revenue (Q: Dec. 2025 )
=306.2 / 1091.974
=(Revenue - Cost of Goods Sold) / Revenue
=(1091.974 - 785.813) / 1091.974
=28.04 %

* 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 28.04% mean?
Hi-Clearance (ROCO:1788) has a Gross Margin % of 28.04% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Hi-Clearance and its competitors. This is 18% above median its historical median of 23.73. Over the past decade, Hi-Clearance's Gross Margin % has ranged from 21.09 to 26.73. According to the industry distribution chart, Hi-Clearance ranks #680 out of 805 companies in the Medical Devices & Instruments industry, placing it in the top 84.5%.
Is Hi-Clearance's Gross Margin % too high?
Hi-Clearance's current Gross Margin % of 28.04% is 18% above median its 10-year median of 23.73. Over the past 10 years, this metric has ranged from a low of 21.09 to a high of 26.73. The Medical Devices & Instruments industry median Gross Margin % is 52.07. Hi-Clearance's value of 28.04% is 46.1% below this industry median. Based on the distribution chart, Hi-Clearance ranks #680 out of 805 companies in the Medical Devices & Instruments industry, which is in the bottom quartile relative to peers. Overall, Hi-Clearance has a GF Score™ of 79/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Hi-Clearance's Gross Margin % compare to ABT and SYK?
According to the Medical Devices & Instruments industry distribution chart, Hi-Clearance ranks #680 out of 805 companies for Gross Margin %. This places Hi-Clearance in the lower half of its industry. The industry median Gross Margin % is 52.07. Hi-Clearance's value of 28.04% is 46.1% below this benchmark. Historically, Hi-Clearance's own Gross Margin % has ranged from 21.09 to 26.73 over the past decade. While the company's 10-year median is 23.73 vs. the industry median of 52.07, Hi-Clearance 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 Medical Devices & Instruments company?
The median Gross Margin % among Medical Devices & Instruments companies is 52.07, based on 805 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. Hi-Clearance's current Gross Margin % of 28.04% is 46.1% 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 Hi-Clearance and its competitors. For the Medical Devices & Instruments industry, the median Gross Margin % is 52.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hi-Clearance's current Gross Margin % is 28.04%, which is 18% above median its own 10-year median of 23.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hi-Clearance stock overvalued right now?
Based on GuruFocus' analysis, Hi-Clearance (ROCO:1788) is currently considered Fairly Valued. The stock's GF Value™ is NT$138.61, compared to a current price of NT$130.00 — trading 6.2% below its estimated fair value. The current Gross Margin % is 28.04%, which is 18% above median its 10-year median of 23.73 and 46.1% below the Medical Devices & Instruments industry median of 52.07. Hi-Clearance's overall GF Score™ is 79/100 with 4 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 Hi-Clearance (ROCO:1788), the current Gross Margin % is 28.04% as of Dec. 2025. 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 Hi-Clearance (ROCO:1788) Overvalued in 2026?

Based on GuruFocus' analysis, Hi-Clearance stock appears to be undervalued. The current stock price of NT$130.00 is trading 6.2% below its estimated GF Value™ of NT$138.61. GuruFocus considers Hi-Clearance to be Fairly Valued.

Key valuation signals for ROCO:1788:

  • Gross Margin %: 28.04% (18% above median its 10-year median of 23.73)
  • GF Value™: NT$138.61 vs. price of NT$130.00 (6.2% below fair value)
  • GF Score™: 79/100 with 4 warning signs
  • Industry Position: 46.1% below the Medical Devices & Instruments median (#680 of 805)

No single metric tells the full story. See the ROCO:1788 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hi-Clearance Business Description

Address No. 2, Chongzhong Road, Lane 609, 8th Floor, Section 5, Sanchong District, Taipei, TWN, 24159
Hi-Clearance Inc primary business activities involve trading medical equipment, biochemical reagents, and Western medicine. It has two segments Hemodialysis Division responsible for the procurement and distribution of a wide range of blood dialysis-related consumables, which are sold to hospitals, clinics, and distributors; and Other business segments mainly involved in selling dental materials and other products. The company generates majority of revenue from Hemodialysis Division. Its products are Single Patient Dialysis System TORAY, TORAYLIGHT Hollow Fiber Dialyzer, FILTRYZER TORAY, TORAY ETRF.
79GF Score

Get the complete analysis for ROCO:1788

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

NT$130.00
Price
NT$138.61
GF Value