ECOVE Environment (ROCO:6803) Gross Margin %: 15.85% (As of Dec. 2025) — 35% Below Median


ROCO:6803 ECOVE Environment Corp ROCO:6803
94 GF Score
Price NT$274.00
GF Value NT$373.58
Valuation Modestly Undervalued
! 5 Warning Signs
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What is ECOVE Environment Gross Margin %?

ECOVE Environment ROCO:6803 94 Gross Margin % is 15.85% as of Dec. 2025, which is 35% below its 10-year median of 24.46. GuruFocus rates ROCO:6803 with a GF Score™ of 94/100 and a GF Value™ of NT$373.58 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 234 Waste Management companies, ECOVE Environment ranks worse than 70.94% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. ECOVE Environment's Gross Profit for the three months ended in Dec. 2025 was NT$368 Mil. ECOVE Environment's Revenue for the three months ended in Dec. 2025 was NT$2,322 Mil. Therefore, ECOVE Environment's Gross Margin % for the quarter that ended in Dec. 2025 was 15.85%.

Warning Sign:

ECOVE Environment Corp gross margin has been in long-term decline. The average rate of decline per year is -5.1%.


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

ROCO:6803' s Gross Margin % Range Over the Past 10 Years
Min: 19.26   Med: 24.46   Max: 36.33
Current: 19.26


During the past 13 years, the highest Gross Margin % of ECOVE Environment was 36.33%. The lowest was 19.26%. And the median was 24.46%.

ROCO:6803's Gross Margin % is ranked worse than
70.94% of 234 companies
in the Waste Management industry
Industry Median: 27.07 vs ROCO:6803: 19.26

ECOVE Environment had a gross margin of 15.85% for the quarter that ended in Dec. 2025 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for ECOVE Environment was -5.10% per year.


ECOVE Environment  (ROCO:6803) 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

ECOVE Environment had a gross margin of 15.85% 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.


ECOVE Environment Gross Margin % Related Terms


ECOVE Environment Gross Margin % Historical Data

* Premium members only.

The historical data trend for ECOVE Environment'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.

ECOVE Environment Gross Margin % Chart

ECOVE Environment 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 24.25 22.55 21.23 20.24 19.26

ECOVE Environment 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 15.48 20.55 19.72 20.73 15.85

ROCO:6803 vs WM, RSG, WCN: Gross Margin % Comparison

For the Waste Management subindustry, ECOVE Environment'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.


ECOVE Environment Gross Margin % vs Waste Management Industry

For the Waste Management industry and Industrials sector, ECOVE Environment's Gross Margin % distribution charts can be found below:

* The bar in red indicates where ECOVE Environment's Gross Margin % falls into.


ROCO:6803
94GF Score
ECOVE Environment Corp ROCO:6803
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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ECOVE Environment Gross Margin % Calculation

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

ECOVE Environment'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 )
=1859.7 / 9656.402
=(Revenue - Cost of Goods Sold) / Revenue
=(9656.402 - 7796.661) / 9656.402
=19.26 %

ECOVE Environment'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 )
=367.9 / 2321.622
=(Revenue - Cost of Goods Sold) / Revenue
=(2321.622 - 1953.74) / 2321.622
=15.85 %

* 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 15.85% mean?
ECOVE Environment (ROCO:6803) has a Gross Margin % of 15.85% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on ECOVE Environment and its competitors. This is 35% below median its historical median of 24.46. Over the past decade, ECOVE Environment's Gross Margin % has ranged from 19.26 to 36.33. According to the industry distribution chart, ECOVE Environment ranks #166 out of 234 companies in the Waste Management industry, placing it in the top 70.9%.
Is ECOVE Environment's Gross Margin % too high?
ECOVE Environment's current Gross Margin % of 15.85% is 35% below median its 10-year median of 24.46. Over the past 10 years, this metric has ranged from a low of 19.26 to a high of 36.33. The Waste Management industry median Gross Margin % is 27.07. ECOVE Environment's value of 15.85% is 41.4% below this industry median. Based on the distribution chart, ECOVE Environment ranks #166 out of 234 companies in the Waste Management industry, which is below the industry midpoint. Overall, ECOVE Environment has a GF Score™ of 94/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does ECOVE Environment's Gross Margin % compare to WM and RSG?
According to the Waste Management industry distribution chart, ECOVE Environment ranks #166 out of 234 companies for Gross Margin %. This places ECOVE Environment in the lower half of its industry. The industry median Gross Margin % is 27.07. ECOVE Environment's value of 15.85% is 41.4% below this benchmark. Historically, ECOVE Environment's own Gross Margin % has ranged from 19.26 to 36.33 over the past decade. While the company's 10-year median is 24.46 vs. the industry median of 27.07, ECOVE Environment 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 Waste Management company?
The median Gross Margin % among Waste Management companies is 27.07, based on 234 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. ECOVE Environment's current Gross Margin % of 15.85% is 41.4% 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 ECOVE Environment and its competitors. For the Waste Management industry, the median Gross Margin % is 27.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ECOVE Environment's current Gross Margin % is 15.85%, which is 35% below median its own 10-year median of 24.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ECOVE Environment stock overvalued right now?
Based on GuruFocus' analysis, ECOVE Environment (ROCO:6803) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$373.58, compared to a current price of NT$274.00 — trading 26.7% below its estimated fair value. The current Gross Margin % is 15.85%, which is 35% below median its 10-year median of 24.46 and 41.4% below the Waste Management industry median of 27.07. ECOVE Environment's overall GF Score™ is 94/100 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 ECOVE Environment (ROCO:6803), the current Gross Margin % is 15.85% 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 ECOVE Environment (ROCO:6803) Overvalued in 2026?

Based on GuruFocus' analysis, ECOVE Environment stock appears to be undervalued. The current stock price of NT$274.00 is trading 26.7% below its estimated GF Value™ of NT$373.58. GuruFocus considers ECOVE Environment to be Modestly Undervalued.

Key valuation signals for ROCO:6803:

  • Gross Margin %: 15.85% (35% below median its 10-year median of 24.46)
  • GF Value™: NT$373.58 vs. price of NT$274.00 (26.7% below fair value)
  • GF Score™: 94/100 with 5 warning signs
  • Industry Position: 41.4% below the Waste Management median (#166 of 234)

No single metric tells the full story. See the ROCO:6803 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


ECOVE Environment Business Description

Address No. 16, Fushan Road, 12th Floor, Beitou District, Taipei City, TWN, 112037
ECOVE Environment Corp is a resource management services provider serving public and private entities across Greater China, Southeast Asia, India, and the USA. The Company is mainly engaged in investment, power generation, and waste management. Its services include Energy-from-Waste, Mechatronics, and Waste Management, while its projects include Energy-from-Waste, Photovoltaic Energy, and Hazardous and Special Waste Treatment.
94GF Score

Get the complete analysis for ROCO:6803

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

NT$274.00
Price
NT$373.58
GF Value