Vate Technology (ROCO:5344) Gross Margin %: 9.75% (As of Dec. 2025) — 89% Above Median

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ROCO:5344 Vate Technology Corp Ltd ROCO:5344
64 GF Score
Price NT$16.20
GF Value NT$20.22
Valuation Modestly Undervalued
! 6 Warning Signs
View Full Analysis

What is Vate Technology Gross Margin %?

Vate Technology ROCO:5344 +3.18% 64 Gross Margin % is 9.75% as of Dec. 2025, which is 89% above its 10-year median of 5.15. GuruFocus rates ROCO:5344 with a GF Score™ of 64/100 and a GF Value™ of NT$20.22 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 1,011 Semiconductors companies, Vate Technology ranks worse than 90.31% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Vate Technology's Gross Profit for the three months ended in Dec. 2025 was NT$9.1 Mil. Vate Technology's Revenue for the three months ended in Dec. 2025 was NT$93.8 Mil. Therefore, Vate Technology's Gross Margin % for the quarter that ended in Dec. 2025 was 9.75%.

Warning Sign:

Vate Technology Corp Ltd gross margin has been in long-term decline. The average rate of decline per year is -14.8%.


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

ROCO:5344' s Gross Margin % Range Over the Past 10 Years
Min: -25.36   Med: 5.15   Max: 24.82
Current: 5.72


During the past 13 years, the highest Gross Margin % of Vate Technology was 24.82%. The lowest was -25.36%. And the median was 5.15%.

ROCO:5344's Gross Margin % is ranked worse than
90.31% of 1011 companies
in the Semiconductors industry
Industry Median: 29.61 vs ROCO:5344: 5.72

Vate Technology had a gross margin of 9.75% for the quarter that ended in Dec. 2025 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Vate Technology was -14.80% per year.


Vate Technology  (ROCO:5344) 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

Vate Technology had a gross margin of 9.75% 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.


Vate Technology Gross Margin % Related Terms


Vate Technology Gross Margin % Historical Data

* Premium members only.

The historical data trend for Vate Technology'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.

Vate Technology Gross Margin % Chart

Vate Technology 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 24.82 4.58 15.23 21.60 5.72

Vate Technology 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 16.41 -0.19 10.37 1.33 9.75

ROCO:5344 vs NVDA, AVGO, MU: Gross Margin % Comparison

For the Semiconductors subindustry, Vate Technology'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.


Vate Technology Gross Margin % vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Vate Technology's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Vate Technology's Gross Margin % falls into.


ROCO:5344
64GF Score
Vate Technology Corp Ltd ROCO:5344
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Vate Technology Gross Margin % Calculation

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

Vate Technology'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 )
=19.4 / 340.231
=(Revenue - Cost of Goods Sold) / Revenue
=(340.231 - 320.786) / 340.231
=5.72 %

Vate Technology'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 )
=9.1 / 93.805
=(Revenue - Cost of Goods Sold) / Revenue
=(93.805 - 84.66) / 93.805
=9.75 %

* 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 9.75% mean?
Vate Technology (ROCO:5344) has a Gross Margin % of 9.75% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Vate Technology and its competitors. This is 89% above median its historical median of 5.15. According to the industry distribution chart, Vate Technology ranks #913 out of 1011 companies in the Semiconductors industry, placing it in the top 90.3%.
Is Vate Technology's Gross Margin % too high?
Vate Technology's current Gross Margin % of 9.75% is 89% above median its 10-year median of 5.15. The Semiconductors industry median Gross Margin % is 29.61. Vate Technology's value of 9.75% is 67.1% below this industry median. Based on the distribution chart, Vate Technology ranks #913 out of 1011 companies in the Semiconductors industry, which is in the bottom quartile relative to peers. Overall, Vate Technology has a GF Score™ of 64/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Vate Technology's Gross Margin % compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, Vate Technology ranks #913 out of 1011 companies for Gross Margin %. This places Vate Technology in the lower half of its industry. The industry median Gross Margin % is 29.61. Vate Technology's value of 9.75% is 67.1% below this benchmark. While the company's 10-year median is 5.15 vs. the industry median of 29.61, Vate Technology 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 1,011 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. Vate Technology's current Gross Margin % of 9.75% is 67.1% 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 Vate Technology 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. Vate Technology's current Gross Margin % is 9.75%, which is 89% above median its own 10-year median of 5.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vate Technology stock overvalued right now?
Based on GuruFocus' analysis, Vate Technology (ROCO:5344) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$20.22, compared to a current price of NT$16.20 — trading 19.9% below its estimated fair value. The current Gross Margin % is 9.75%, which is 89% above median its 10-year median of 5.15 and 67.1% below the Semiconductors industry median of 29.61. Vate Technology's overall GF Score™ is 64/100 with 6 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 Vate Technology (ROCO:5344), the current Gross Margin % is 9.75% 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 Vate Technology (ROCO:5344) Overvalued in 2026?

Based on GuruFocus' analysis, Vate Technology stock appears to be undervalued. The current stock price of NT$16.20 is trading 19.9% below its estimated GF Value™ of NT$20.22. GuruFocus considers Vate Technology to be Modestly Undervalued.

Key valuation signals for ROCO:5344:

  • Gross Margin %: 9.75% (89% above median its 10-year median of 5.15)
  • GF Value™: NT$20.22 vs. price of NT$16.20 (19.9% below fair value)
  • GF Score™: 64/100 with 6 warning signs
  • Industry Position: 67.1% below the Semiconductors median (#913 of 1011)

No single metric tells the full story. See the ROCO:5344 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Vate Technology Business Description

Address No. 9, Lixing 5th Road, Science-Based Industrial Park, Hsinchu, TWN
Vate Technology Corp Ltd is engaged in providing integrated circuit chip testing services and the trading of lighting equipment and fixtures. The company's services include CP testing service, FT Testing Service, SLT Testing Service, CIS Testing Service, and Back End Service. It operates in single segment of testing and processing of electronic components and the sales of lighting fixtures, using testing equipment to provide IC and wafer testing services and LED lighting fixture sales and installation services. Geographically it operates in Taiwan.
64GF Score

Get the complete analysis for ROCO:5344

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

NT$16.20
Price
NT$20.22
GF Value