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Apex Material TechnologyROCO:6899 -0.19%65 Gross Margin % is 38.02% as of Dec. 2025, which is 7% below its 10-year median of 40.73. GuruFocus rates ROCO:6899 with a GF Score™ of 65/100 and a GF Value™ of NT$60.20 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 2,455 Hardware companies, Apex Material Technology ranks better than 76.17% on this metric.
ROCO:6899's Gross Margin % is ranked better than 76.17% of 2455
companies
in the Hardware industry
Industry Median: 24.52
vs ROCO:6899: 39.63
Apex Material Technology had a gross margin of 38.02% for the quarter that ended in Dec. 2025 => Competition eroding margins
The 5-Year average Growth Rate of Gross Margin for Apex Material Technology was -1.60% per year.
Apex Material Technology (ROCO:6899) 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
Apex Material Technology had a gross margin of 38.02% for the quarter that ended in Dec. 2025 => Competition eroding margins
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.
Apex Material Technology Gross Margin % Related Terms
Apex Material Technology 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.
For the Electronic Components subindustry, Apex Material 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.
Apex Material Technology Gross Margin % vs Hardware Industry
For the Hardware industry and Technology sector, Apex Material Technology's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Apex Material Technology'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.
Apex Material Technology (ROCO:6899) has a Gross Margin % of 38.02% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Apex Material Technology and its competitors. This is near median its historical median of 40.73. Over the past decade, Apex Material Technology's Gross Margin % has ranged from 39.63 to 44.03. According to the industry distribution chart, Apex Material Technology ranks #585 out of 2455 companies in the Hardware industry, placing it in the top 23.8%.
Is Apex Material Technology's Gross Margin % too high?
Apex Material Technology's current Gross Margin % of 38.02% is near median its 10-year median of 40.73. Over the past 10 years, this metric has ranged from a low of 39.63 to a high of 44.03. The Hardware industry median Gross Margin % is 24.52. Apex Material Technology's value of 38.02% is 55.1% above this industry median. Based on the distribution chart, Apex Material Technology ranks #585 out of 2455 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Apex Material Technology has a GF Score™ of 65/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Apex Material Technology's Gross Margin % compare to APH and GLW?
According to the Hardware industry distribution chart, Apex Material Technology ranks #585 out of 2455 companies for Gross Margin %. This places Apex Material Technology in the top 24% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 24.52. Apex Material Technology's value of 38.02% is 55.1% above this benchmark. Historically, Apex Material Technology's own Gross Margin % has ranged from 39.63 to 44.03 over the past decade. While the company's 10-year median is 40.73 vs. the industry median of 24.52, Apex Material Technology 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 Hardware company?
The median Gross Margin % among Hardware companies is 24.52, based on 2,455 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. Apex Material Technology's current Gross Margin % of 38.02% is 55.1% 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 Apex Material Technology and its competitors. For the Hardware industry, the median Gross Margin % is 24.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Apex Material Technology's current Gross Margin % is 38.02%, which is near median its own 10-year median of 40.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Apex Material Technology stock overvalued right now?
Based on GuruFocus' analysis, Apex Material Technology (ROCO:6899) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$60.20, compared to a current price of NT$52.60 — trading 12.6% below its estimated fair value. The current Gross Margin % is 38.02%, which is near median its 10-year median of 40.73 and 55.1% above the Hardware industry median of 24.52. Apex Material Technology's overall GF Score™ is 65/100 with 3 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 Apex Material Technology (ROCO:6899), the current Gross Margin % is 38.02% 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 Apex Material Technology (ROCO:6899) Overvalued in 2026?
Based on GuruFocus' analysis, Apex Material Technology stock appears to be undervalued.
The current stock price of NT$52.60 is trading 12.6% below its estimated GF Value™ of NT$60.20.
GuruFocus considers Apex Material Technology to be Modestly Undervalued.
Key valuation signals for ROCO:6899:
Gross Margin %: 38.02% (near median its 10-year median of 40.73)
GF Value™: NT$60.20 vs. price of NT$52.60 (12.6% below fair value)
Industry Position: 55.1% above the Hardware median (#585 of 2455)
No single metric tells the full story. See the ROCO:6899 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Apex Material Technology Corp manufactures resistive and projected capacitive (PCAP) touch screens, and PenMount touch screen controllers for the industrial, medical, and commercial sectors. Its product offerings comprise open frame touch screen monitor, optical bonding service, solutions for touch screen display, projected capacitive touch screen, and resistive touch screen.
65GF Score
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