Bedding World Co (ROCO:2938) Gross Margin %: 68.74% (As of Dec. 2025) — Near Median

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ROCO:2938 Bedding World Co Ltd ROCO:2938
70 GF Score
Price NT$25.20
GF Value NT$34.03
Valuation Modestly Undervalued
! 7 Warning Signs
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What is Bedding World Co Gross Margin %?

Bedding World Co ROCO:2938 -4.00% 70 Gross Margin % is 68.74% as of Dec. 2025, which is 6% above its 10-year median of 65.02. GuruFocus rates ROCO:2938 with a GF Score™ of 70/100 and a GF Value™ of NT$34.03 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 417 Furnishings, Fixtures & Appliances companies, Bedding World Co ranks better than 98.8% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Bedding World Co's Gross Profit for the six months ended in Dec. 2025 was NT$255.4 Mil. Bedding World Co's Revenue for the six months ended in Dec. 2025 was NT$371.6 Mil. Therefore, Bedding World Co's Gross Margin % for the quarter that ended in Dec. 2025 was 68.74%.


The historical rank and industry rank for Bedding World Co's Gross Margin % or its related term are showing as below:

ROCO:2938' s Gross Margin % Range Over the Past 10 Years
Min: 59.77   Med: 65.02   Max: 68.78
Current: 68.5


During the past 13 years, the highest Gross Margin % of Bedding World Co was 68.78%. The lowest was 59.77%. And the median was 65.02%.

ROCO:2938's Gross Margin % is ranked better than
98.8% of 417 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 29.49 vs ROCO:2938: 68.50

Bedding World Co had a gross margin of 68.74% for the quarter that ended in Dec. 2025 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Bedding World Co was 1.40% per year.


Bedding World Co  (ROCO:2938) 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

Bedding World Co had a gross margin of 68.74% for the quarter that ended in Dec. 2025 => Durable 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.


Bedding World Co Gross Margin % Related Terms


Bedding World Co Gross Margin % Historical Data

* Premium members only.

The historical data trend for Bedding World Co'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.

Bedding World Co Gross Margin % Chart

Bedding World Co 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 63.93 65.51 67.29 68.78 68.50

Bedding World Co Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 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 67.03 68.49 69.06 68.25 68.74

ROCO:2938 vs SN, SGI, MHK: Gross Margin % Comparison

For the Furnishings, Fixtures & Appliances subindustry, Bedding World Co'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.


Bedding World Co Gross Margin % vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Bedding World Co's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Bedding World Co's Gross Margin % falls into.


ROCO:2938
70GF Score
Bedding World Co Ltd ROCO:2938
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Bedding World Co Gross Margin % Calculation

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

Bedding World Co'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 )
=496.8 / 725.291
=(Revenue - Cost of Goods Sold) / Revenue
=(725.291 - 228.455) / 725.291
=68.50 %

Bedding World Co'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 )
=255.4 / 371.554
=(Revenue - Cost of Goods Sold) / Revenue
=(371.554 - 116.14) / 371.554
=68.74 %

* 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 68.74% mean?
Bedding World Co (ROCO:2938) has a Gross Margin % of 68.74% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Bedding World Co and its competitors. This is near median its historical median of 65.02. Over the past decade, Bedding World Co's Gross Margin % has ranged from 59.77 to 68.78. According to the industry distribution chart, Bedding World Co ranks #5 out of 417 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 1.2%.
Is Bedding World Co's Gross Margin % too high?
Bedding World Co's current Gross Margin % of 68.74% is near median its 10-year median of 65.02. Over the past 10 years, this metric has ranged from a low of 59.77 to a high of 68.78. The Furnishings, Fixtures & Appliances industry median Gross Margin % is 29.49. Bedding World Co's value of 68.74% is 133.1% above this industry median. Based on the distribution chart, Bedding World Co ranks #5 out of 417 companies in the Furnishings, Fixtures & Appliances industry, which is in the top quartile — a strong position relative to peers. Overall, Bedding World Co has a GF Score™ of 70/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Bedding World Co's Gross Margin % compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Bedding World Co ranks #5 out of 417 companies for Gross Margin %. This places Bedding World Co in the top 1% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 29.49. Bedding World Co's value of 68.74% is 133.1% above this benchmark. Historically, Bedding World Co's own Gross Margin % has ranged from 59.77 to 68.78 over the past decade. While the company's 10-year median is 65.02 vs. the industry median of 29.49, Bedding World Co 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 Gross Margin % for a Furnishings, Fixtures & Appliances company?
The median Gross Margin % among Furnishings, Fixtures & Appliances companies is 29.49, based on 417 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. Bedding World Co's current Gross Margin % of 68.74% is 133.1% 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 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 Bedding World Co and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Gross Margin % is 29.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bedding World Co's current Gross Margin % is 68.74%, which is near median its own 10-year median of 65.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bedding World Co stock overvalued right now?
Based on GuruFocus' analysis, Bedding World Co (ROCO:2938) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$34.03, compared to a current price of NT$25.20 — trading 25.9% below its estimated fair value. The current Gross Margin % is 68.74%, which is near median its 10-year median of 65.02 and 133.1% above the Furnishings, Fixtures & Appliances industry median of 29.49. Bedding World Co's overall GF Score™ is 70/100 with 7 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 Bedding World Co (ROCO:2938), the current Gross Margin % is 68.74% 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 Bedding World Co (ROCO:2938) Overvalued in 2026?

Based on GuruFocus' analysis, Bedding World Co stock appears to be undervalued. The current stock price of NT$25.20 is trading 25.9% below its estimated GF Value™ of NT$34.03. GuruFocus considers Bedding World Co to be Modestly Undervalued.

Key valuation signals for ROCO:2938:

  • Gross Margin %: 68.74% (near median its 10-year median of 65.02)
  • GF Value™: NT$34.03 vs. price of NT$25.20 (25.9% below fair value)
  • GF Score™: 70/100 with 7 warning signs
  • Industry Position: 133.1% above the Furnishings, Fixtures & Appliances median (#5 of 417)

No single metric tells the full story. See the ROCO:2938 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Bedding World Co Business Description

Address Number 88, Sec. 1, Jiuzong Road, Neihu District, Taipei City, TWN
Bedding World Co Ltd is a Taiwan based company mainly engaged in manufacturing of a variety of beds. The company's product offerings include Classic bed, National mattress, Grand Canyon, Statue of Liberty, Harvard and other brands of beds and other related stuff.
70GF Score

Get the complete analysis for ROCO:2938

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

NT$25.20
Price
NT$34.03
GF Value