Micro Base Technology (ROCO:3184) Gross Margin %: 46.83% (As of Dec. 2025) — 15% Above Median


ROCO:3184 Micro Base Technology Corp ROCO:3184
63 GF Score
Price NT$16.60
GF Value NT$17.34
Valuation Fairly Valued
! 4 Warning Signs
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What is Micro Base Technology Gross Margin %?

Micro Base Technology ROCO:3184 -2.35% 63 Gross Margin % is 46.83% as of Dec. 2025, which is 15% above its 10-year median of 40.70. GuruFocus rates ROCO:3184 with a GF Score™ of 63/100 and a GF Value™ of NT$17.34 (Fairly Valued). The stock has 4 warning signs investors should review. Among 2,449 Hardware companies, Micro Base Technology ranks better than 89.71% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Micro Base Technology's Gross Profit for the six months ended in Dec. 2025 was NT$44.9 Mil. Micro Base Technology's Revenue for the six months ended in Dec. 2025 was NT$95.9 Mil. Therefore, Micro Base Technology's Gross Margin % for the quarter that ended in Dec. 2025 was 46.83%.


The historical rank and industry rank for Micro Base Technology's Gross Margin % or its related term are showing as below:

ROCO:3184' s Gross Margin % Range Over the Past 10 Years
Min: -2.06   Med: 40.7   Max: 56.03
Current: 53.34


During the past 13 years, the highest Gross Margin % of Micro Base Technology was 56.03%. The lowest was -2.06%. And the median was 40.70%.

ROCO:3184's Gross Margin % is ranked better than
89.71% of 2449 companies
in the Hardware industry
Industry Median: 24.5 vs ROCO:3184: 53.34

Micro Base Technology had a gross margin of 46.83% for the quarter that ended in Dec. 2025 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Micro Base Technology was 12.10% per year.


Micro Base Technology  (ROCO:3184) 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

Micro Base Technology had a gross margin of 46.83% 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.


Micro Base Technology Gross Margin % Related Terms


Micro Base Technology Gross Margin % Historical Data

* Premium members only.

The historical data trend for Micro Base Technology'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.

Micro Base Technology Gross Margin % Chart

Micro Base Technology 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 37.84 33.51 48.15 56.03 53.34

Micro Base Technology 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 51.48 57.90 53.94 58.74 46.83

ROCO:3184 vs APH, GLW: Gross Margin % Comparison

For the Electronic Components subindustry, Micro Base Technology'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.


Micro Base Technology Gross Margin % vs Hardware Industry

For the Hardware industry and Technology sector, Micro Base Technology's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Micro Base Technology's Gross Margin % falls into.


ROCO:3184
63GF Score
Micro Base Technology Corp ROCO:3184
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Micro Base Technology Gross Margin % Calculation

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

Micro Base Technology'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 )
=112.9 / 211.699
=(Revenue - Cost of Goods Sold) / Revenue
=(211.699 - 98.772) / 211.699
=53.34 %

Micro Base Technology'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 )
=44.9 / 95.91
=(Revenue - Cost of Goods Sold) / Revenue
=(95.91 - 50.995) / 95.91
=46.83 %

* 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 46.83% mean?
Micro Base Technology (ROCO:3184) has a Gross Margin % of 46.83% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Micro Base Technology and its competitors. This is 15% above median its historical median of 40.70. According to the industry distribution chart, Micro Base Technology ranks #252 out of 2449 companies in the Hardware industry, placing it in the top 10.3%.
Is Micro Base Technology's Gross Margin % too high?
Micro Base Technology's current Gross Margin % of 46.83% is 15% above median its 10-year median of 40.70. The Hardware industry median Gross Margin % is 24.50. Micro Base Technology's value of 46.83% is 91.1% above this industry median. Based on the distribution chart, Micro Base Technology ranks #252 out of 2449 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Micro Base Technology has a GF Score™ of 63/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Micro Base Technology's Gross Margin % compare to APH and GLW?
According to the Hardware industry distribution chart, Micro Base Technology ranks #252 out of 2449 companies for Gross Margin %. This places Micro Base Technology in the top 10% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 24.50. Micro Base Technology's value of 46.83% is 91.1% above this benchmark. While the company's 10-year median is 40.70 vs. the industry median of 24.50, Micro Base Technology 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 Hardware company?
The median Gross Margin % among Hardware companies is 24.50, based on 2,449 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. Micro Base Technology's current Gross Margin % of 46.83% is 91.1% 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 Micro Base Technology and its competitors. For the Hardware industry, the median Gross Margin % is 24.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Micro Base Technology's current Gross Margin % is 46.83%, which is 15% above median its own 10-year median of 40.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Micro Base Technology stock overvalued right now?
Based on GuruFocus' analysis, Micro Base Technology (ROCO:3184) is currently considered Fairly Valued. The stock's GF Value™ is NT$17.34, compared to a current price of NT$16.60 — trading 4.3% below its estimated fair value. The current Gross Margin % is 46.83%, which is 15% above median its 10-year median of 40.70 and 91.1% above the Hardware industry median of 24.50. Micro Base Technology's overall GF Score™ is 63/100 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 Micro Base Technology (ROCO:3184), the current Gross Margin % is 46.83% 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 Micro Base Technology (ROCO:3184) Overvalued in 2026?

Based on GuruFocus' analysis, Micro Base Technology stock appears to be undervalued. The current stock price of NT$16.60 is trading 4.3% below its estimated GF Value™ of NT$17.34. GuruFocus considers Micro Base Technology to be Fairly Valued.

Key valuation signals for ROCO:3184:

  • Gross Margin %: 46.83% (15% above median its 10-year median of 40.70)
  • GF Value™: NT$17.34 vs. price of NT$16.60 (4.3% below fair value)
  • GF Score™: 63/100 with 4 warning signs
  • Industry Position: 91.1% above the Hardware median (#252 of 2449)

No single metric tells the full story. See the ROCO:3184 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Micro Base Technology Business Description

Address No.756, Qiajuan Road, Bade District, Taoyuan, TWN, 33464
Micro Base Technology Corp is engaged in the development of Laser LIGA, a non-silicon-based micromachining technology. It is involved in the research and development, manufacturing, and sale of miniaturized devices, and micron-scale parts and systems in Taiwan. The company offers its products under three categories namely electronic, beauty, and medical devices. It also engaged in designing and consulting business.
63GF Score

Get the complete analysis for ROCO:3184

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

NT$16.60
Price
NT$17.34
GF Value