Viking Tech (ROCO:3624) Gross Margin %: 23.30% (As of Dec. 2025) — Near Median


ROCO:3624 Viking Tech Corp ROCO:3624
57 GF Score
Price NT$148.00
GF Value NT$50.86
Valuation Significantly Overvalued
! 8 Warning Signs
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What is Viking Tech Gross Margin %?

Viking Tech ROCO:3624 -4.52% 57 Gross Margin % is 23.30% as of Dec. 2025, which is 9% below its 10-year median of 25.66. GuruFocus rates ROCO:3624 with a GF Score™ of 57/100 and a GF Value™ of NT$50.86 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 2,449 Hardware companies, Viking Tech ranks better than 51.61% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Viking Tech's Gross Profit for the three months ended in Dec. 2025 was NT$153 Mil. Viking Tech's Revenue for the three months ended in Dec. 2025 was NT$657 Mil. Therefore, Viking Tech's Gross Margin % for the quarter that ended in Dec. 2025 was 23.30%.

Warning Sign:

Viking Tech Corp gross margin has been in long-term decline. The average rate of decline per year is -1.9%.


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

ROCO:3624' s Gross Margin % Range Over the Past 10 Years
Min: 23.72   Med: 25.66   Max: 34.1
Current: 25.29


During the past 13 years, the highest Gross Margin % of Viking Tech was 34.10%. The lowest was 23.72%. And the median was 25.66%.

ROCO:3624's Gross Margin % is ranked better than
51.61% of 2449 companies
in the Hardware industry
Industry Median: 24.5 vs ROCO:3624: 25.29

Viking Tech had a gross margin of 23.30% for the quarter that ended in Dec. 2025 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Viking Tech was -1.90% per year.


Viking Tech  (ROCO:3624) 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

Viking Tech had a gross margin of 23.30% 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.


Viking Tech Gross Margin % Related Terms


Viking Tech Gross Margin % Historical Data

* Premium members only.

The historical data trend for Viking Tech'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.

Viking Tech Gross Margin % Chart

Viking Tech 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 32.54 34.10 27.73 25.88 25.29

Viking Tech 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 22.90 26.56 29.08 22.19 23.30

ROCO:3624 vs APH, GLW: Gross Margin % Comparison

For the Electronic Components subindustry, Viking Tech'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.


Viking Tech Gross Margin % vs Hardware Industry

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

* The bar in red indicates where Viking Tech's Gross Margin % falls into.


ROCO:3624
57GF Score
Viking Tech Corp ROCO:3624
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Viking Tech Gross Margin % Calculation

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

Viking Tech'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 )
=676.6 / 2675.36
=(Revenue - Cost of Goods Sold) / Revenue
=(2675.36 - 1998.731) / 2675.36
=25.29 %

Viking Tech'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 )
=153 / 656.713
=(Revenue - Cost of Goods Sold) / Revenue
=(656.713 - 503.682) / 656.713
=23.30 %

* 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 23.30% mean?
Viking Tech (ROCO:3624) has a Gross Margin % of 23.30% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Viking Tech and its competitors. This is near median its historical median of 25.66. Over the past decade, Viking Tech's Gross Margin % has ranged from 23.72 to 34.10. According to the industry distribution chart, Viking Tech ranks #1185 out of 2449 companies in the Hardware industry, placing it in the top 48.4%.
Is Viking Tech's Gross Margin % too high?
Viking Tech's current Gross Margin % of 23.30% is near median its 10-year median of 25.66. Over the past 10 years, this metric has ranged from a low of 23.72 to a high of 34.10. The Hardware industry median Gross Margin % is 24.50. Viking Tech's value of 23.30% is 4.9% below this industry median. Based on the distribution chart, Viking Tech ranks #1185 out of 2449 companies in the Hardware industry, which is above the industry midpoint. Overall, Viking Tech has a GF Score™ of 57/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Viking Tech's Gross Margin % compare to APH and GLW?
According to the Hardware industry distribution chart, Viking Tech ranks #1185 out of 2449 companies for Gross Margin %. This puts Viking Tech in the upper half of its industry. The industry median Gross Margin % is 24.50. Viking Tech's value of 23.30% is 4.9% below this benchmark. Historically, Viking Tech's own Gross Margin % has ranged from 23.72 to 34.10 over the past decade. While the company's 10-year median is 25.66 vs. the industry median of 24.50, Viking Tech 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 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. Viking Tech's current Gross Margin % of 23.30% is 4.9% 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 Viking Tech 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. Viking Tech's current Gross Margin % is 23.30%, which is near median its own 10-year median of 25.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Viking Tech stock overvalued right now?
Based on GuruFocus' analysis, Viking Tech (ROCO:3624) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$50.86, compared to a current price of NT$148.00 — trading 191% above its estimated fair value. The current Gross Margin % is 23.30%, which is near median its 10-year median of 25.66 and 4.9% below the Hardware industry median of 24.50. Viking Tech's overall GF Score™ is 57/100 with 8 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 Viking Tech (ROCO:3624), the current Gross Margin % is 23.30% 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 Viking Tech (ROCO:3624) Overvalued in 2026?

Based on GuruFocus' analysis, Viking Tech stock appears to be overvalued. The current stock price of NT$148.00 is trading 191% above its estimated GF Value™ of NT$50.86. GuruFocus considers Viking Tech to be Significantly Overvalued.

Key valuation signals for ROCO:3624:

  • Gross Margin %: 23.30% (near median its 10-year median of 25.66)
  • GF Value™: NT$50.86 vs. price of NT$148.00 (191% above fair value)
  • GF Score™: 57/100 with 8 warning signs
  • Industry Position: 4.9% below the Hardware median (#1185 of 2449)

No single metric tells the full story. See the ROCO:3624 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Viking Tech Business Description

Address No. 70, Guangfu North Road, Hukou Township, HsinChu Industrial Park, Hsinchu County, Hsinchu, TWN, 303
Viking Tech Corp is a Taiwan based electronic components manufacturing company. It is engaged in research, development, manufacturing, and sale of thick and thin film passive components. The company's product categories include resistors, inductors, and capacitors. Some of these include Automotive Grade Resistor, Thin Film Resistor, Metal Low Ohm Resistor, Leaded Resistor, RF Ceramic Inductor, Miniature Power Inductor, and Shielding Power Inductor among others. Geographically, the company generates maximum revenue from China, and the rest from Taiwan, Hong Kong, America, Germany, Korea, and other regions.
57GF Score

Get the complete analysis for ROCO:3624

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

NT$148.00
Price
NT$50.86
GF Value