Mycenax Biotech (ROCO:4726) Gross Margin %: 1.76% (As of Dec. 2025) — 86% Below Median

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ROCO:4726 Mycenax Biotech Inc ROCO:4726
43 GF Score
Price NT$24.50
GF Value NT$47.88
Valuation Possible Value Trap
! 3 Warning Signs
View Full Analysis

What is Mycenax Biotech Gross Margin %?

Mycenax Biotech ROCO:4726 -4.67% 43 Gross Margin % is 1.76% as of Dec. 2025, which is 86% below its 10-year median of 12.22. GuruFocus rates ROCO:4726 with a GF Score™ of 43/100 and a GF Value™ of NT$47.88 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 732 Biotechnology companies, Mycenax Biotech ranks worse than 94.67% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Mycenax Biotech's Gross Profit for the three months ended in Dec. 2025 was NT$5.0 Mil. Mycenax Biotech's Revenue for the three months ended in Dec. 2025 was NT$284.6 Mil. Therefore, Mycenax Biotech's Gross Margin % for the quarter that ended in Dec. 2025 was 1.76%.


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

ROCO:4726' s Gross Margin % Range Over the Past 10 Years
Min: -57.49   Med: 12.22   Max: 43.88
Current: -24.51


During the past 13 years, the highest Gross Margin % of Mycenax Biotech was 43.88%. The lowest was -57.49%. And the median was 12.22%.

ROCO:4726's Gross Margin % is ranked worse than
94.67% of 732 companies
in the Biotechnology industry
Industry Median: 60.905 vs ROCO:4726: -24.51

Mycenax Biotech had a gross margin of 1.76% for the quarter that ended in Dec. 2025 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Mycenax Biotech was 0.00% per year.


Mycenax Biotech  (ROCO:4726) 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

Mycenax Biotech had a gross margin of 1.76% for the quarter that ended in Dec. 2025 => No sustainable 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.


Mycenax Biotech Gross Margin % Related Terms


Mycenax Biotech Gross Margin % Historical Data

* Premium members only.

The historical data trend for Mycenax Biotech'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.

Mycenax Biotech Gross Margin % Chart

Mycenax Biotech 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 17.77 -15.52 -57.49 -35.29 -24.51

Mycenax Biotech 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 -18.18 -64.49 -21.06 -49.67 1.76

ROCO:4726 vs VRTX, REGN, ALNY: Gross Margin % Comparison

For the Biotechnology subindustry, Mycenax Biotech'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.


Mycenax Biotech Gross Margin % vs Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Mycenax Biotech's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Mycenax Biotech's Gross Margin % falls into.


ROCO:4726
43GF Score
Mycenax Biotech Inc ROCO:4726
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mycenax Biotech Gross Margin % Calculation

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

Mycenax Biotech'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 )
=-181.4 / 740.238
=(Revenue - Cost of Goods Sold) / Revenue
=(740.238 - 921.65) / 740.238
=-24.51 %

Mycenax Biotech'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 )
=5 / 284.592
=(Revenue - Cost of Goods Sold) / Revenue
=(284.592 - 279.587) / 284.592
=1.76 %

* 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 1.76% mean?
Mycenax Biotech (ROCO:4726) has a Gross Margin % of 1.76% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Mycenax Biotech and its competitors. This is 86% below median its historical median of 12.22. According to the industry distribution chart, Mycenax Biotech ranks #693 out of 732 companies in the Biotechnology industry, placing it in the top 94.7%.
Is Mycenax Biotech's Gross Margin % too high?
Mycenax Biotech's current Gross Margin % of 1.76% is 86% below median its 10-year median of 12.22. The Biotechnology industry median Gross Margin % is 60.91. Mycenax Biotech's value of 1.76% is 97.1% below this industry median. Based on the distribution chart, Mycenax Biotech ranks #693 out of 732 companies in the Biotechnology industry, which is in the bottom quartile relative to peers. Overall, Mycenax Biotech has a GF Score™ of 43/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Mycenax Biotech's Gross Margin % compare to VRTX and REGN?
According to the Biotechnology industry distribution chart, Mycenax Biotech ranks #693 out of 732 companies for Gross Margin %. This places Mycenax Biotech in the lower half of its industry. The industry median Gross Margin % is 60.91. Mycenax Biotech's value of 1.76% is 97.1% below this benchmark. While the company's 10-year median is 12.22 vs. the industry median of 60.91, Mycenax Biotech 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 Biotechnology company?
The median Gross Margin % among Biotechnology companies is 60.91, based on 732 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. Mycenax Biotech's current Gross Margin % of 1.76% is 97.1% 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 Mycenax Biotech and its competitors. For the Biotechnology industry, the median Gross Margin % is 60.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mycenax Biotech's current Gross Margin % is 1.76%, which is 86% below median its own 10-year median of 12.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mycenax Biotech stock overvalued right now?
Based on GuruFocus' analysis, Mycenax Biotech (ROCO:4726) is currently considered Possible Value Trap. The stock's GF Value™ is NT$47.88, compared to a current price of NT$24.50 — trading 48.8% below its estimated fair value. The current Gross Margin % is 1.76%, which is 86% below median its 10-year median of 12.22 and 97.1% below the Biotechnology industry median of 60.91. Mycenax Biotech's overall GF Score™ is 43/100 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 Mycenax Biotech (ROCO:4726), the current Gross Margin % is 1.76% 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 Mycenax Biotech (ROCO:4726) Overvalued in 2026?

Based on GuruFocus' analysis, Mycenax Biotech stock appears to be undervalued. The current stock price of NT$24.50 is trading 48.8% below its estimated GF Value™ of NT$47.88. GuruFocus considers Mycenax Biotech to be Possible Value Trap.

Key valuation signals for ROCO:4726:

  • Gross Margin %: 1.76% (86% below median its 10-year median of 12.22)
  • GF Value™: NT$47.88 vs. price of NT$24.50 (48.8% below fair value)
  • GF Score™: 43/100 with 3 warning signs
  • Industry Position: 97.1% below the Biotechnology median (#693 of 732)

No single metric tells the full story. See the ROCO:4726 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Mycenax Biotech Business Description

Address No. 66, Shengyi 2nd Road, 7th Floor, Hsinchu Science Park, Hsinchu County, Zhubei, TWN, 302041
Mycenax Biotech Inc is a Taiwan-based biopharmaceutical company. It is engaged in the development and manufacture of biopharmaceutical products, specializing in mammalian and microbial cell-derived biologics. The company provides services for program evaluation/confirmation, cell line development, and construction, process development technology platforms, drug characterization analysis, the establishment of testing methods, and drug production in accordance with PIC/S GMP manufacturing standards. The company's main operating region is located in Taiwan.
43GF Score

Get the complete analysis for ROCO:4726

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

NT$24.50
Price
NT$47.88
GF Value