United Orthopedic (ROCO:4129) Gross Margin %: 78.77% (As of Dec. 2025) — Near Median


ROCO:4129 United Orthopedic Corp ROCO:4129
80 GF Score
Price NT$93.00
GF Value NT$124.06
Valuation Modestly Undervalued
! 3 Warning Signs
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What is United Orthopedic Gross Margin %?

United Orthopedic ROCO:4129 -0.75% 80 Gross Margin % is 78.77% as of Dec. 2025, which is 9% above its 10-year median of 72.05. GuruFocus rates ROCO:4129 with a GF Score™ of 80/100 and a GF Value™ of NT$124.06 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 803 Medical Devices & Instruments companies, United Orthopedic ranks better than 89.29% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. United Orthopedic's Gross Profit for the three months ended in Dec. 2025 was NT$1,194 Mil. United Orthopedic's Revenue for the three months ended in Dec. 2025 was NT$1,516 Mil. Therefore, United Orthopedic's Gross Margin % for the quarter that ended in Dec. 2025 was 78.77%.


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

ROCO:4129' s Gross Margin % Range Over the Past 10 Years
Min: 68.5   Med: 72.05   Max: 77.85
Current: 77.79


During the past 13 years, the highest Gross Margin % of United Orthopedic was 77.85%. The lowest was 68.50%. And the median was 72.05%.

ROCO:4129's Gross Margin % is ranked better than
89.29% of 803 companies
in the Medical Devices & Instruments industry
Industry Median: 52.03 vs ROCO:4129: 77.79

United Orthopedic had a gross margin of 78.77% for the quarter that ended in Dec. 2025 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for United Orthopedic was 2.30% per year.


United Orthopedic  (ROCO:4129) 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

United Orthopedic had a gross margin of 78.77% 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.


United Orthopedic Gross Margin % Related Terms


United Orthopedic Gross Margin % Historical Data

* Premium members only.

The historical data trend for United Orthopedic'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.

United Orthopedic Gross Margin % Chart

United Orthopedic 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 71.62 74.57 77.26 77.85 77.79

United Orthopedic 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 76.63 80.64 76.08 75.87 78.77

ROCO:4129 vs ABT, SYK, MDT: Gross Margin % Comparison

For the Medical Devices subindustry, United Orthopedic'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.


United Orthopedic Gross Margin % vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, United Orthopedic's Gross Margin % distribution charts can be found below:

* The bar in red indicates where United Orthopedic's Gross Margin % falls into.


ROCO:4129
80GF Score
United Orthopedic Corp ROCO:4129
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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United Orthopedic Gross Margin % Calculation

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

United Orthopedic'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 )
=4399.5 / 5655.418
=(Revenue - Cost of Goods Sold) / Revenue
=(5655.418 - 1255.883) / 5655.418
=77.79 %

United Orthopedic'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 )
=1194.2 / 1515.918
=(Revenue - Cost of Goods Sold) / Revenue
=(1515.918 - 321.765) / 1515.918
=78.77 %

* 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 78.77% mean?
United Orthopedic (ROCO:4129) has a Gross Margin % of 78.77% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on United Orthopedic and its competitors. This is near median its historical median of 72.05. Over the past decade, United Orthopedic's Gross Margin % has ranged from 68.50 to 77.85. According to the industry distribution chart, United Orthopedic ranks #86 out of 803 companies in the Medical Devices & Instruments industry, placing it in the top 10.7%.
Is United Orthopedic's Gross Margin % too high?
United Orthopedic's current Gross Margin % of 78.77% is near median its 10-year median of 72.05. Over the past 10 years, this metric has ranged from a low of 68.50 to a high of 77.85. The Medical Devices & Instruments industry median Gross Margin % is 52.03. United Orthopedic's value of 78.77% is 51.4% above this industry median. Based on the distribution chart, United Orthopedic ranks #86 out of 803 companies in the Medical Devices & Instruments industry, which is in the top quartile — a strong position relative to peers. Overall, United Orthopedic has a GF Score™ of 80/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does United Orthopedic's Gross Margin % compare to ABT and SYK?
According to the Medical Devices & Instruments industry distribution chart, United Orthopedic ranks #86 out of 803 companies for Gross Margin %. This places United Orthopedic in the top 11% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 52.03. United Orthopedic's value of 78.77% is 51.4% above this benchmark. Historically, United Orthopedic's own Gross Margin % has ranged from 68.50 to 77.85 over the past decade. While the company's 10-year median is 72.05 vs. the industry median of 52.03, United Orthopedic 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 Medical Devices & Instruments company?
The median Gross Margin % among Medical Devices & Instruments companies is 52.03, based on 803 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. United Orthopedic's current Gross Margin % of 78.77% is 51.4% 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 United Orthopedic and its competitors. For the Medical Devices & Instruments industry, the median Gross Margin % is 52.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. United Orthopedic's current Gross Margin % is 78.77%, which is near median its own 10-year median of 72.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is United Orthopedic stock overvalued right now?
Based on GuruFocus' analysis, United Orthopedic (ROCO:4129) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$124.06, compared to a current price of NT$93.00 — trading 25% below its estimated fair value. The current Gross Margin % is 78.77%, which is near median its 10-year median of 72.05 and 51.4% above the Medical Devices & Instruments industry median of 52.03. United Orthopedic's overall GF Score™ is 80/100 with 3 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 United Orthopedic (ROCO:4129), the current Gross Margin % is 78.77% 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 United Orthopedic (ROCO:4129) Overvalued in 2026?

Based on GuruFocus' analysis, United Orthopedic stock appears to be undervalued. The current stock price of NT$93.00 is trading 25% below its estimated GF Value™ of NT$124.06. GuruFocus considers United Orthopedic to be Modestly Undervalued.

Key valuation signals for ROCO:4129:

  • Gross Margin %: 78.77% (near median its 10-year median of 72.05)
  • GF Value™: NT$124.06 vs. price of NT$93.00 (25% below fair value)
  • GF Score™: 80/100 with 3 warning signs
  • Industry Position: 51.4% above the Medical Devices & Instruments median (#86 of 803)

No single metric tells the full story. See the ROCO:4129 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


United Orthopedic Business Description

Address 12th Floor, No.80, Section 1, Chenggong Road, Yonghe District, New Taipei City, TWN, 234634
United Orthopedic Corp is engaged in the research, development, production, manufacturing, and sales of orthopedic implants, orthopedic surgical instruments and manufacturing equipment, special metal and plastics materials, as well as the import and export of the aforementioned products. Its products include Hip System, Knee System, and Limb Salvage.
80GF Score

Get the complete analysis for ROCO:4129

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

NT$93.00
Price
NT$124.06
GF Value