Feng Ching Metal (ROCO:2061) Gross Margin %: 7.75% (As of Dec. 2025) — 48% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

ROCO:2061 Feng Ching Metal Corp ROCO:2061
43 GF Score
Price NT$53.80
GF Value NT$18.27
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is Feng Ching Metal Gross Margin %?

Feng Ching Metal ROCO:2061 +5.28% 43 Gross Margin % is 7.75% as of Dec. 2025, which is 48% above its 10-year median of 5.22. GuruFocus rates ROCO:2061 with a GF Score™ of 43/100 and a GF Value™ of NT$18.27 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 2,998 Industrial Products companies, Feng Ching Metal ranks worse than 94.96% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Feng Ching Metal's Gross Profit for the three months ended in Dec. 2025 was NT$25 Mil. Feng Ching Metal's Revenue for the three months ended in Dec. 2025 was NT$325 Mil. Therefore, Feng Ching Metal's Gross Margin % for the quarter that ended in Dec. 2025 was 7.75%.

Warning Sign:

Feng Ching Metal Corp gross margin has been in long-term decline. The average rate of decline per year is -14.1%.


The historical rank and industry rank for Feng Ching Metal's Gross Margin % or its related term are showing as below:

ROCO:2061' s Gross Margin % Range Over the Past 10 Years
Min: 3.24   Med: 5.22   Max: 9.91
Current: 5.3


During the past 13 years, the highest Gross Margin % of Feng Ching Metal was 9.91%. The lowest was 3.24%. And the median was 5.22%.

ROCO:2061's Gross Margin % is ranked worse than
94.96% of 2998 companies
in the Industrial Products industry
Industry Median: 26.84 vs ROCO:2061: 5.30

Feng Ching Metal had a gross margin of 7.75% for the quarter that ended in Dec. 2025 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Feng Ching Metal was -14.10% per year.


Feng Ching Metal  (ROCO:2061) 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

Feng Ching Metal had a gross margin of 7.75% for the quarter that ended in Dec. 2025 => No sustainable competitive advantage


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.


Feng Ching Metal Gross Margin % Related Terms


Feng Ching Metal Gross Margin % Historical Data

* Premium members only.

The historical data trend for Feng Ching Metal'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.

Feng Ching Metal Gross Margin % Chart

Feng Ching Metal 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 9.91 6.05 3.24 4.17 5.30

Feng Ching Metal 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 4.96 4.54 4.90 3.69 7.75

ROCO:2061 vs VRT, BE: Gross Margin % Comparison

For the Electrical Equipment & Parts subindustry, Feng Ching Metal'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.


Feng Ching Metal Gross Margin % vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Feng Ching Metal's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Feng Ching Metal's Gross Margin % falls into.


ROCO:2061
43GF Score
Feng Ching Metal Corp ROCO:2061
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Feng Ching Metal Gross Margin % Calculation

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

Feng Ching Metal'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 )
=63.9 / 1204.951
=(Revenue - Cost of Goods Sold) / Revenue
=(1204.951 - 1141.085) / 1204.951
=5.30 %

Feng Ching Metal'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 )
=25.2 / 325.143
=(Revenue - Cost of Goods Sold) / Revenue
=(325.143 - 299.957) / 325.143
=7.75 %

* 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 7.75% mean?
Feng Ching Metal (ROCO:2061) has a Gross Margin % of 7.75% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Feng Ching Metal and its competitors. This is 48% above median its historical median of 5.22. Over the past decade, Feng Ching Metal's Gross Margin % has ranged from 3.24 to 9.91. According to the industry distribution chart, Feng Ching Metal ranks #2847 out of 2998 companies in the Industrial Products industry, placing it in the top 95%.
Is Feng Ching Metal's Gross Margin % too high?
Feng Ching Metal's current Gross Margin % of 7.75% is 48% above median its 10-year median of 5.22. Over the past 10 years, this metric has ranged from a low of 3.24 to a high of 9.91. The Industrial Products industry median Gross Margin % is 26.84. Feng Ching Metal's value of 7.75% is 71.1% below this industry median. Based on the distribution chart, Feng Ching Metal ranks #2847 out of 2998 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Feng Ching Metal has a GF Score™ of 43/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Feng Ching Metal's Gross Margin % compare to VRT and BE?
According to the Industrial Products industry distribution chart, Feng Ching Metal ranks #2847 out of 2998 companies for Gross Margin %. This places Feng Ching Metal in the lower half of its industry. The industry median Gross Margin % is 26.84. Feng Ching Metal's value of 7.75% is 71.1% below this benchmark. Historically, Feng Ching Metal's own Gross Margin % has ranged from 3.24 to 9.91 over the past decade. While the company's 10-year median is 5.22 vs. the industry median of 26.84, Feng Ching Metal 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 an Industrial Products company?
The median Gross Margin % among Industrial Products companies is 26.84, based on 2,998 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. Feng Ching Metal's current Gross Margin % of 7.75% is 71.1% 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 Feng Ching Metal and its competitors. For the Industrial Products industry, the median Gross Margin % is 26.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Feng Ching Metal's current Gross Margin % is 7.75%, which is 48% above median its own 10-year median of 5.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Feng Ching Metal stock overvalued right now?
Based on GuruFocus' analysis, Feng Ching Metal (ROCO:2061) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$18.27, compared to a current price of NT$53.80 — trading 194.5% above its estimated fair value. The current Gross Margin % is 7.75%, which is 48% above median its 10-year median of 5.22 and 71.1% below the Industrial Products industry median of 26.84. Feng Ching Metal's overall GF Score™ is 43/100 with 5 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 Feng Ching Metal (ROCO:2061), the current Gross Margin % is 7.75% 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 Feng Ching Metal (ROCO:2061) Overvalued in 2026?

Based on GuruFocus' analysis, Feng Ching Metal stock appears to be overvalued. The current stock price of NT$53.80 is trading 194.5% above its estimated GF Value™ of NT$18.27. GuruFocus considers Feng Ching Metal to be Significantly Overvalued.

Key valuation signals for ROCO:2061:

  • Gross Margin %: 7.75% (48% above median its 10-year median of 5.22)
  • GF Value™: NT$18.27 vs. price of NT$53.80 (194.5% above fair value)
  • GF Score™: 43/100 with 5 warning signs
  • Industry Position: 71.1% below the Industrial Products median (#2847 of 2998)

No single metric tells the full story. See the ROCO:2061 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Feng Ching Metal Business Description

Address No. 38, Xinguang Road, Floor 30-4, Lingya District, Kaohsiung, TWN, 802
Feng Ching Metal Corp is a Taiwan-based company engaged in the production of enameled wire. Its products include copper bonding wires, polyether diol-coated copper bonding wires, and others.
43GF Score

Get the complete analysis for ROCO:2061

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

NT$53.80
Price
NT$18.27
GF Value