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T-win SystemsROCO:3693 -8.01%70 Gross Margin % is 29.12% as of Dec. 2025, which is 18% above its 10-year median of 24.67. GuruFocus rates ROCO:3693 with a GF Score™ of 70/100 and a GF Value™ of NT$284.34 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 2,455 Hardware companies, T-win Systems ranks better than 57.64% on this metric.
The historical rank and industry rank for T-win Systems's Gross Margin % or its related term are showing as below:
ROCO:3693'
s Gross Margin % Range Over the Past 10 Years
Min: 17.66 Med: 24.67 Max: 31.63
Current: 28.77
During the past 13 years, the highestGross Margin % of T-win Systems was 31.63%. The lowest was 17.66%. And the median was 24.67%.
ROCO:3693's Gross Margin % is ranked better than 57.64% of 2455
companies
in the Hardware industry
Industry Median: 24.5
vs ROCO:3693: 28.77
T-win Systems had a gross margin of 29.12% for the quarter that ended in Dec. 2025 => Competition eroding margins
The 5-Year average Growth Rate of Gross Margin for T-win Systems was 5.50% per year.
T-win Systems (ROCO:3693) 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
T-win Systems had a gross margin of 29.12% 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.
T-win Systems Gross Margin % Related Terms
T-win Systems Gross Margin % Historical Data
* Premium members only.
The historical data trend for T-win Systems'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.
ROCO:3693 vs SNDK, DELL, STX: Gross Margin % Comparison
For the Computer Hardware subindustry, T-win Systems'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.
T-win Systems Gross Margin % vs Hardware Industry
For the Hardware industry and Technology sector, T-win Systems's Gross Margin % distribution charts can be found below:
* The bar in red indicates where T-win Systems'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.
T-win Systems (ROCO:3693) has a Gross Margin % of 29.12% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on T-win Systems and its competitors. This is 18% above median its historical median of 24.67. Over the past decade, T-win Systems' Gross Margin % has ranged from 17.66 to 31.63. According to the industry distribution chart, T-win Systems ranks #1040 out of 2455 companies in the Hardware industry, placing it in the top 42.4%.
Is T-win Systems' Gross Margin % too high?
T-win Systems' current Gross Margin % of 29.12% is 18% above median its 10-year median of 24.67. Over the past 10 years, this metric has ranged from a low of 17.66 to a high of 31.63. The Hardware industry median Gross Margin % is 24.50. T-win Systems' value of 29.12% is 18.9% above this industry median. Based on the distribution chart, T-win Systems ranks #1040 out of 2455 companies in the Hardware industry, which is above the industry midpoint. Overall, T-win Systems has a GF Score™ of 70/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does T-win Systems' Gross Margin % compare to SNDK and DELL?
According to the Hardware industry distribution chart, T-win Systems ranks #1040 out of 2455 companies for Gross Margin %. This puts T-win Systems in the upper half of its industry. The industry median Gross Margin % is 24.50. T-win Systems' value of 29.12% is 18.9% above this benchmark. Historically, T-win Systems' own Gross Margin % has ranged from 17.66 to 31.63 over the past decade. While the company's 10-year median is 24.67 vs. the industry median of 24.50, T-win Systems 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 2,455 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. T-win Systems's current Gross Margin % of 29.12% is 18.9% 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 T-win Systems 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. T-win Systems's current Gross Margin % is 29.12%, which is 18% above median its own 10-year median of 24.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is T-win Systems stock overvalued right now?
Based on GuruFocus' analysis, T-win Systems (ROCO:3693) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$284.34, compared to a current price of NT$442.00 — trading 55.4% above its estimated fair value. The current Gross Margin % is 29.12%, which is 18% above median its 10-year median of 24.67 and 18.9% above the Hardware industry median of 24.50. T-win Systems' overall GF Score™ is 70/100 with 2 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 T-win Systems (ROCO:3693), the current Gross Margin % is 29.12% 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 T-win Systems (ROCO:3693) Overvalued in 2026?
Based on GuruFocus' analysis, T-win Systems stock appears to be overvalued.
The current stock price of NT$442.00 is trading 55.4% above its estimated GF Value™ of NT$284.34.
GuruFocus considers T-win Systems to be Significantly Overvalued.
Key valuation signals for ROCO:3693:
Gross Margin %: 29.12% (18% above median its 10-year median of 24.67)
GF Value™: NT$284.34 vs. price of NT$442.00 (55.4% above fair value)
Industry Position: 18.9% above the Hardware median (#1040 of 2455)
No single metric tells the full story. See the ROCO:3693 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
T-win Systems Inc provides OEM/ODM server and storage solutions including in-house design, validation, manufacturing and production, import and export of its expansive selection of products are flexible and can be configured to any form factor or custom configuration.
70GF 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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