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Ant Precision Industry Co (ROCO:3646) 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
Ant Precision Industry Co had a gross margin of 28.77% 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.
Ant Precision Industry Co Gross Margin % Related Terms
Ant Precision Industry Co Gross Margin % Historical Data
* 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.
ROCO:3646 vs APH, GLW, TEL: Gross Margin % Comparison
For the Electronic Components subindustry, Ant Precision Industry 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.
Ant Precision Industry Co Gross Margin % vs Hardware Industry
For the Hardware industry and Technology sector, Ant Precision Industry Co's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Ant Precision Industry Co's Gross Margin % falls into.
* 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.
Ant Precision Industry Co (ROCO:3646) has a Gross Margin % of 28.77% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Ant Precision Industry Co and its competitors. This is 11% below median its historical median of 32.31. Over the past decade, Ant Precision Industry Co's Gross Margin % has ranged from 28.00 to 38.42. According to the industry distribution chart, Ant Precision Industry Co ranks #1076 out of 2453 companies in the Hardware industry, placing it in the top 43.9%.
Is Ant Precision Industry Co's Gross Margin % too high?
Ant Precision Industry Co's current Gross Margin % of 28.77% is 11% below median its 10-year median of 32.31. Over the past 10 years, this metric has ranged from a low of 28.00 to a high of 38.42. The Hardware industry median Gross Margin % is 24.49. Ant Precision Industry Co's value of 28.77% is 17.5% above this industry median. Based on the distribution chart, Ant Precision Industry Co ranks #1076 out of 2453 companies in the Hardware industry, which is above the industry midpoint. Overall, Ant Precision Industry Co has a GF Score™ of 74/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Ant Precision Industry Co's Gross Margin % compare to APH and GLW?
According to the Hardware industry distribution chart, Ant Precision Industry Co ranks #1076 out of 2453 companies for Gross Margin %. This puts Ant Precision Industry Co in the upper half of its industry. The industry median Gross Margin % is 24.49. Ant Precision Industry Co's value of 28.77% is 17.5% above this benchmark. Historically, Ant Precision Industry Co's own Gross Margin % has ranged from 28.00 to 38.42 over the past decade. While the company's 10-year median is 32.31 vs. the industry median of 24.49, Ant Precision Industry 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 Hardware company?
The median Gross Margin % among Hardware companies is 24.49, based on 2,453 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. Ant Precision Industry Co's current Gross Margin % of 28.77% is 17.5% 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 Ant Precision Industry Co and its competitors. For the Hardware industry, the median Gross Margin % is 24.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ant Precision Industry Co's current Gross Margin % is 28.77%, which is 11% below median its own 10-year median of 32.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ant Precision Industry Co stock overvalued right now?
Based on GuruFocus' analysis, Ant Precision Industry Co (ROCO:3646) is currently considered Fairly Valued. The stock's GF Value™ is NT$23.71, compared to a current price of NT$23.15 — trading 2.4% below its estimated fair value. The current Gross Margin % is 28.77%, which is 11% below median its 10-year median of 32.31 and 17.5% above the Hardware industry median of 24.49. Ant Precision Industry Co's overall GF Score™ is 74/100 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 Ant Precision Industry Co (ROCO:3646), the current Gross Margin % is 28.77% 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 Ant Precision Industry Co (ROCO:3646) Overvalued in 2026?
Based on GuruFocus' analysis, Ant Precision Industry Co stock appears to be undervalued.
The current stock price of NT$23.15 is trading 2.4% below its estimated GF Value™ of NT$23.71.
GuruFocus considers Ant Precision Industry Co to be Fairly Valued.
Key valuation signals for ROCO:3646:
Gross Margin %: 28.77% (11% below median its 10-year median of 32.31)
GF Value™: NT$23.71 vs. price of NT$23.15 (2.4% below fair value)
Industry Position: 17.5% above the Hardware median (#1076 of 2453)
No single metric tells the full story. See the ROCO:3646 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ant Precision Industry Co Ltd designs, manufactures and sells mechanical parts, tooling (molds/dies), connectors and wire harnesses, and modules with a primary focus on customized connectors for mobile phone.
74GF Score
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Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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