Top Union Electronics (ROCO:6266) Gross Margin %: 16.53% (As of Dec. 2025) — Near Median

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ROCO:6266 Top Union Electronics Corp ROCO:6266
91 GF Score
Price NT$25.05
GF Value NT$30.96
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Top Union Electronics Gross Margin %?

Top Union Electronics ROCO:6266 -0.20% 91 Gross Margin % is 16.53% as of Dec. 2025, which is 9% above its 10-year median of 15.15. GuruFocus rates ROCO:6266 with a GF Score™ of 91/100 and a GF Value™ of NT$30.96 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,011 Semiconductors companies, Top Union Electronics ranks worse than 74.28% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Top Union Electronics's Gross Profit for the three months ended in Dec. 2025 was NT$142 Mil. Top Union Electronics's Revenue for the three months ended in Dec. 2025 was NT$860 Mil. Therefore, Top Union Electronics's Gross Margin % for the quarter that ended in Dec. 2025 was 16.53%.


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

ROCO:6266' s Gross Margin % Range Over the Past 10 Years
Min: 10.1   Med: 15.15   Max: 18.89
Current: 16.92


During the past 13 years, the highest Gross Margin % of Top Union Electronics was 18.89%. The lowest was 10.10%. And the median was 15.15%.

ROCO:6266's Gross Margin % is ranked worse than
74.28% of 1011 companies
in the Semiconductors industry
Industry Median: 29.61 vs ROCO:6266: 16.92

Top Union Electronics had a gross margin of 16.53% for the quarter that ended in Dec. 2025 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Top Union Electronics was 2.60% per year.


Top Union Electronics  (ROCO:6266) 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

Top Union Electronics had a gross margin of 16.53% 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.


Top Union Electronics Gross Margin % Related Terms


Top Union Electronics Gross Margin % Historical Data

* Premium members only.

The historical data trend for Top Union Electronics'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.

Top Union Electronics Gross Margin % Chart

Top Union Electronics 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 14.32 17.89 15.03 18.89 16.92

Top Union Electronics 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 19.85 20.08 16.45 15.03 16.53

ROCO:6266 vs AMAT, LRCX, KLAC: Gross Margin % Comparison

For the Semiconductor Equipment & Materials subindustry, Top Union Electronics'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.


Top Union Electronics Gross Margin % vs Semiconductors Industry

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

* The bar in red indicates where Top Union Electronics's Gross Margin % falls into.


ROCO:6266
91GF Score
Top Union Electronics Corp ROCO:6266
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Top Union Electronics Gross Margin % Calculation

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

Top Union Electronics'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 )
=575.4 / 3400.533
=(Revenue - Cost of Goods Sold) / Revenue
=(3400.533 - 2825.103) / 3400.533
=16.92 %

Top Union Electronics'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 )
=142.2 / 860.485
=(Revenue - Cost of Goods Sold) / Revenue
=(860.485 - 718.243) / 860.485
=16.53 %

* 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 16.53% mean?
Top Union Electronics (ROCO:6266) has a Gross Margin % of 16.53% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Top Union Electronics and its competitors. This is near median its historical median of 15.15. Over the past decade, Top Union Electronics' Gross Margin % has ranged from 10.10 to 18.89. According to the industry distribution chart, Top Union Electronics ranks #751 out of 1011 companies in the Semiconductors industry, placing it in the top 74.3%.
Is Top Union Electronics' Gross Margin % too high?
Top Union Electronics' current Gross Margin % of 16.53% is near median its 10-year median of 15.15. Over the past 10 years, this metric has ranged from a low of 10.10 to a high of 18.89. The Semiconductors industry median Gross Margin % is 29.61. Top Union Electronics' value of 16.53% is 44.2% below this industry median. Based on the distribution chart, Top Union Electronics ranks #751 out of 1011 companies in the Semiconductors industry, which is below the industry midpoint. Overall, Top Union Electronics has a GF Score™ of 91/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Top Union Electronics' Gross Margin % compare to AMAT and LRCX?
According to the Semiconductors industry distribution chart, Top Union Electronics ranks #751 out of 1011 companies for Gross Margin %. This places Top Union Electronics in the lower half of its industry. The industry median Gross Margin % is 29.61. Top Union Electronics' value of 16.53% is 44.2% below this benchmark. Historically, Top Union Electronics' own Gross Margin % has ranged from 10.10 to 18.89 over the past decade. While the company's 10-year median is 15.15 vs. the industry median of 29.61, Top Union Electronics 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. Top Union Electronics's current Gross Margin % of 16.53% is 44.2% 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 Top Union Electronics 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. Top Union Electronics's current Gross Margin % is 16.53%, which is near median its own 10-year median of 15.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Top Union Electronics stock overvalued right now?
Based on GuruFocus' analysis, Top Union Electronics (ROCO:6266) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$30.96, compared to a current price of NT$25.05 — trading 19.1% below its estimated fair value. The current Gross Margin % is 16.53%, which is near median its 10-year median of 15.15 and 44.2% below the Semiconductors industry median of 29.61. Top Union Electronics' overall GF Score™ is 91/100 with 2 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 Top Union Electronics (ROCO:6266), the current Gross Margin % is 16.53% 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 Top Union Electronics (ROCO:6266) Overvalued in 2026?

Based on GuruFocus' analysis, Top Union Electronics stock appears to be undervalued. The current stock price of NT$25.05 is trading 19.1% below its estimated GF Value™ of NT$30.96. GuruFocus considers Top Union Electronics to be Modestly Undervalued.

Key valuation signals for ROCO:6266:

  • Gross Margin %: 16.53% (near median its 10-year median of 15.15)
  • GF Value™: NT$30.96 vs. price of NT$25.05 (19.1% below fair value)
  • GF Score™: 91/100 with 2 warning signs
  • Industry Position: 44.2% below the Semiconductors median (#751 of 1011)

No single metric tells the full story. See the ROCO:6266 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Top Union Electronics Business Description

Address No. 480, Niupu East Road, Xiangshan District, Hsinchu, TWN, 30091
Top Union Electronics Corp is principally engaged in the design, manufacture, and technical support of electronic products and communication equipment, as well as providing surface mount technology (SMT) services, processing, and international trade business. The company operates in America, Taiwan, and China, of which it derives maximum revenue.
91GF Score

Get the complete analysis for ROCO:6266

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

NT$25.05
Price
NT$30.96
GF Value