ProbeLeader CoROCO:5246 -3.26%46 Gross Margin % is 18.70% as of Dec. 2025, which is 37% below its 10-year median of 29.70. GuruFocus rates ROCO:5246 with a GF Score™ of 46/100 and a GF Value™ of NT$17.92 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,008 Semiconductors companies, ProbeLeader Co ranks worse than 68.75% on this metric.
ProbeLeader Co Ltd gross margin has been in long-term decline. The average rate of decline per year is -12.9%.
The historical rank and industry rank for ProbeLeader Co's Gross Margin % or its related term are showing as below:
ROCO:5246'
s Gross Margin % Range Over the Past 10 Years
Min: 18.38 Med: 29.7 Max: 35.04
Current: 19.56
During the past 8 years, the highestGross Margin % of ProbeLeader Co was 35.04%. The lowest was 18.38%. And the median was 29.70%.
ROCO:5246's Gross Margin % is ranked worse than 68.75% of 1008
companies
in the Semiconductors industry
Industry Median: 29.61
vs ROCO:5246: 19.56
ProbeLeader Co had a gross margin of 18.70% for the quarter that ended in Dec. 2025 => No sustainable competitive advantage
The 5-Year average Growth Rate of Gross Margin for ProbeLeader Co was -12.90% per year.
ProbeLeader Co (ROCO:5246) 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
ProbeLeader Co had a gross margin of 18.70% 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.
ProbeLeader Co Gross Margin % Related Terms
ProbeLeader Co Gross Margin % Historical Data
* Premium members only.
The historical data trend for ProbeLeader 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.
ROCO:5246 vs AMAT, LRCX, KLAC: Gross Margin % Comparison
For the Semiconductor Equipment & Materials subindustry, ProbeLeader 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.
ProbeLeader Co Gross Margin % vs Semiconductors Industry
For the Semiconductors industry and Technology sector, ProbeLeader Co's Gross Margin % distribution charts can be found below:
* The bar in red indicates where ProbeLeader 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.
ProbeLeader Co (ROCO:5246) has a Gross Margin % of 18.70% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on ProbeLeader Co and its competitors. This is 37% below median its historical median of 29.70. Over the past decade, ProbeLeader Co's Gross Margin % has ranged from 18.38 to 35.04. According to the industry distribution chart, ProbeLeader Co ranks #693 out of 1008 companies in the Semiconductors industry, placing it in the top 68.7%.
Is ProbeLeader Co's Gross Margin % too high?
ProbeLeader Co's current Gross Margin % of 18.70% is 37% below median its 10-year median of 29.70. Over the past 10 years, this metric has ranged from a low of 18.38 to a high of 35.04. The Semiconductors industry median Gross Margin % is 29.61. ProbeLeader Co's value of 18.70% is 36.8% below this industry median. Based on the distribution chart, ProbeLeader Co ranks #693 out of 1008 companies in the Semiconductors industry, which is below the industry midpoint. Overall, ProbeLeader Co has a GF Score™ of 46/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does ProbeLeader Co's Gross Margin % compare to AMAT and LRCX?
According to the Semiconductors industry distribution chart, ProbeLeader Co ranks #693 out of 1008 companies for Gross Margin %. This places ProbeLeader Co in the lower half of its industry. The industry median Gross Margin % is 29.61. ProbeLeader Co's value of 18.70% is 36.8% below this benchmark. Historically, ProbeLeader Co's own Gross Margin % has ranged from 18.38 to 35.04 over the past decade. While the company's 10-year median is 29.70 vs. the industry median of 29.61, ProbeLeader Co 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 Semiconductors company?
The median Gross Margin % among Semiconductors companies is 29.61, based on 1,008 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. ProbeLeader Co's current Gross Margin % of 18.70% is 36.8% 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 ProbeLeader Co and its competitors. For the Semiconductors industry, the median Gross Margin % is 29.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ProbeLeader Co's current Gross Margin % is 18.70%, which is 37% below median its own 10-year median of 29.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ProbeLeader Co stock overvalued right now?
Based on GuruFocus' analysis, ProbeLeader Co (ROCO:5246) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$17.92, compared to a current price of NT$148.50 — trading 728.7% above its estimated fair value. The current Gross Margin % is 18.70%, which is 37% below median its 10-year median of 29.70 and 36.8% below the Semiconductors industry median of 29.61. ProbeLeader Co's overall GF Score™ is 46/100 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 ProbeLeader Co (ROCO:5246), the current Gross Margin % is 18.70% 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 ProbeLeader Co (ROCO:5246) Overvalued in 2026?
Based on GuruFocus' analysis, ProbeLeader Co stock appears to be overvalued.
The current stock price of NT$148.50 is trading 728.7% above its estimated GF Value™ of NT$17.92.
GuruFocus considers ProbeLeader Co to be Significantly Overvalued.
Key valuation signals for ROCO:5246:
Gross Margin %: 18.70% (37% below median its 10-year median of 29.70)
GF Value™: NT$17.92 vs. price of NT$148.50 (728.7% above fair value)
Industry Position: 36.8% below the Semiconductors median (#693 of 1008)
No single metric tells the full story. See the ROCO:5246 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
ProbeLeader Co Ltd is engaged in designing and manufacturing of testing solutions for semiconductor and LCD panel industries. Its products include probe cards, Load-Boards, IC sockets for logic & DRAM ICs. Other than providing testing solutions for semiconductor and LCD panel industries, the company has also extended its business to testing solutions for optoelectronics and passive components. It does not only design, manufactures customized testing tools but also deal with sales, relocation, refurbishment and after-services of used-equipments.
46GF Score
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