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Joy Industrial CoROCO:4559 +4.46%59 Gross Margin % is 24.91% as of Dec. 2025, which is 20% above its 10-year median of 20.84. GuruFocus rates ROCO:4559 with a GF Score™ of 59/100 and a GF Value™ of NT$8.15 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 1,308 Vehicles & Parts companies, Joy Industrial Co ranks better than 60.09% on this metric.
Joy Industrial Co Ltd gross margin has been in long-term decline. The average rate of decline per year is -2.6%.
The historical rank and industry rank for Joy Industrial Co's Gross Margin % or its related term are showing as below:
ROCO:4559'
s Gross Margin % Range Over the Past 10 Years
Min: 9.3 Med: 20.84 Max: 23.37
Current: 23.37
During the past 13 years, the highestGross Margin % of Joy Industrial Co was 23.37%. The lowest was 9.30%. And the median was 20.84%.
ROCO:4559's Gross Margin % is ranked better than 60.09% of 1308
companies
in the Vehicles & Parts industry
Industry Median: 19.885
vs ROCO:4559: 23.37
Joy Industrial Co had a gross margin of 24.91% for the quarter that ended in Dec. 2025 => Competition eroding margins
The 5-Year average Growth Rate of Gross Margin for Joy Industrial Co was -2.60% per year.
Joy Industrial Co (ROCO:4559) 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
Joy Industrial Co had a gross margin of 24.91% 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.
Joy Industrial Co Gross Margin % Related Terms
Joy Industrial Co Gross Margin % Historical Data
* Premium members only.
The historical data trend for Joy Industrial Co'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.
For the Auto Parts subindustry, Joy Industrial 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.
Joy Industrial Co Gross Margin % vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Joy Industrial Co's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Joy Industrial 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.
Joy Industrial Co (ROCO:4559) has a Gross Margin % of 24.91% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Joy Industrial Co and its competitors. This is 20% above median its historical median of 20.84. Over the past decade, Joy Industrial Co's Gross Margin % has ranged from 9.30 to 23.37. According to the industry distribution chart, Joy Industrial Co ranks #522 out of 1308 companies in the Vehicles & Parts industry, placing it in the top 39.9%.
Is Joy Industrial Co's Gross Margin % too high?
Joy Industrial Co's current Gross Margin % of 24.91% is 20% above median its 10-year median of 20.84. Over the past 10 years, this metric has ranged from a low of 9.30 to a high of 23.37. The Vehicles & Parts industry median Gross Margin % is 19.89. Joy Industrial Co's value of 24.91% is 25.3% above this industry median. Based on the distribution chart, Joy Industrial Co ranks #522 out of 1308 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, Joy Industrial Co has a GF Score™ of 59/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Joy Industrial Co's Gross Margin % compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Joy Industrial Co ranks #522 out of 1308 companies for Gross Margin %. This puts Joy Industrial Co in the upper half of its industry. The industry median Gross Margin % is 19.89. Joy Industrial Co's value of 24.91% is 25.3% above this benchmark. Historically, Joy Industrial Co's own Gross Margin % has ranged from 9.30 to 23.37 over the past decade. While the company's 10-year median is 20.84 vs. the industry median of 19.89, Joy Industrial 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 Vehicles & Parts company?
The median Gross Margin % among Vehicles & Parts companies is 19.89, based on 1,308 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. Joy Industrial Co's current Gross Margin % of 24.91% is 25.3% 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 Joy Industrial Co and its competitors. For the Vehicles & Parts industry, the median Gross Margin % is 19.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Joy Industrial Co's current Gross Margin % is 24.91%, which is 20% above median its own 10-year median of 20.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Joy Industrial Co stock overvalued right now?
Based on GuruFocus' analysis, Joy Industrial Co (ROCO:4559) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$8.15, compared to a current price of NT$9.14 — trading 12.1% above its estimated fair value. The current Gross Margin % is 24.91%, which is 20% above median its 10-year median of 20.84 and 25.3% above the Vehicles & Parts industry median of 19.89. Joy Industrial Co's overall GF Score™ is 59/100 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 Joy Industrial Co (ROCO:4559), the current Gross Margin % is 24.91% 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 Joy Industrial Co (ROCO:4559) Overvalued in 2026?
Based on GuruFocus' analysis, Joy Industrial Co stock appears to be overvalued.
The current stock price of NT$9.14 is trading 12.1% above its estimated GF Value™ of NT$8.15.
GuruFocus considers Joy Industrial Co to be Modestly Overvalued.
Key valuation signals for ROCO:4559:
Gross Margin %: 24.91% (20% above median its 10-year median of 20.84)
GF Value™: NT$8.15 vs. price of NT$9.14 (12.1% above fair value)
Industry Position: 25.3% above the Vehicles & Parts median (#522 of 1308)
No single metric tells the full story. See the ROCO:4559 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Joy Industrial Co Ltd is engaged in manufacturing, developing, and selling related products for bicycles, and motorcycle parts, as well as operating related businesses. The company's products include hubs and wheelset series. It generates the majority of its revenue in China followed by Taiwan, Europe, and others.
59GF Score
Get the complete analysis for ROCO:4559
Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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