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Concrad International Securities Co (ROCO:5864) 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
Concrad International Securities Co had a gross margin of 94.58% 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.
Concrad International Securities Co Gross Margin % Related Terms
Concrad International Securities Co Gross Margin % Historical Data
* 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.
Concrad International Securities Co Gross Margin % Chart
ROCO:5864 vs MS, GS, SCHW: Gross Margin % Comparison
For the Capital Markets subindustry, Concrad International Securities 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.
Concrad International Securities Co Gross Margin % vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Concrad International Securities Co's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Concrad International Securities 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.
Concrad International Securities Co (ROCO:5864) has a Gross Margin % of 94.58% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Concrad International Securities Co and its competitors. This is near median its historical median of 96.82. Over the past decade, Concrad International Securities Co's Gross Margin % has ranged from 96.36 to 97.85. According to the industry distribution chart, Concrad International Securities Co ranks #37 out of 618 companies in the Capital Markets industry, placing it in the top 6%.
Is Concrad International Securities Co's Gross Margin % too high?
Concrad International Securities Co's current Gross Margin % of 94.58% is near median its 10-year median of 96.82. Over the past 10 years, this metric has ranged from a low of 96.36 to a high of 97.85. The Capital Markets industry median Gross Margin % is 49.87. Concrad International Securities Co's value of 94.58% is 89.7% above this industry median. Based on the distribution chart, Concrad International Securities Co ranks #37 out of 618 companies in the Capital Markets industry, which is in the top quartile — a strong position relative to peers. Overall, Concrad International Securities Co has a GF Score™ of 60/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Concrad International Securities Co's Gross Margin % compare to MS and GS?
According to the Capital Markets industry distribution chart, Concrad International Securities Co ranks #37 out of 618 companies for Gross Margin %. This places Concrad International Securities Co in the top 6% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 49.87. Concrad International Securities Co's value of 94.58% is 89.7% above this benchmark. Historically, Concrad International Securities Co's own Gross Margin % has ranged from 96.36 to 97.85 over the past decade. While the company's 10-year median is 96.82 vs. the industry median of 49.87, Concrad International Securities 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 Capital Markets company?
The median Gross Margin % among Capital Markets companies is 49.87, based on 618 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. Concrad International Securities Co's current Gross Margin % of 94.58% is 89.7% 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 Concrad International Securities Co and its competitors. For the Capital Markets industry, the median Gross Margin % is 49.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Concrad International Securities Co's current Gross Margin % is 94.58%, which is near median its own 10-year median of 96.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Concrad International Securities Co stock overvalued right now?
Based on GuruFocus' analysis, Concrad International Securities Co (ROCO:5864) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$10.46, compared to a current price of NT$36.25 — trading 246.6% above its estimated fair value. The current Gross Margin % is 94.58%, which is near median its 10-year median of 96.82 and 89.7% above the Capital Markets industry median of 49.87. Concrad International Securities Co's overall GF Score™ is 60/100 with 7 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 Concrad International Securities Co (ROCO:5864), the current Gross Margin % is 94.58% 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 Concrad International Securities Co (ROCO:5864) Overvalued in 2026?
Based on GuruFocus' analysis, Concrad International Securities Co stock appears to be overvalued.
The current stock price of NT$36.25 is trading 246.6% above its estimated GF Value™ of NT$10.46.
GuruFocus considers Concrad International Securities Co to be Significantly Overvalued.
Key valuation signals for ROCO:5864:
Gross Margin %: 94.58% (near median its 10-year median of 96.82)
GF Value™: NT$10.46 vs. price of NT$36.25 (246.6% above fair value)
Industry Position: 89.7% above the Capital Markets median (#37 of 618)
No single metric tells the full story. See the ROCO:5864 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Concrad International Securities Co Business Description
Concrad International Securities Co Ltd is a comprehensive securities firm. It is involved in the following business activities: underwriting of marketable securities; trading of marketable securities on the account of its customers or its own on a centralized securities exchange market; trading of marketable securities at the company's branches; providing margin loan, short sale and refinancing services; futures trading on a proprietary basis; dealing in foreign marketable securities; securities business money lending; and providing other relevant services. The company's operating departments are Brokerage, Self-employed, which derives maximum revenue, Underwriting, and Other.
60GF Score
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