Phoenix Pioneer Technology Co (ROCO:6920) 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
Phoenix Pioneer Technology Co had a gross margin of -12.76% 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.
Phoenix Pioneer Technology Co Gross Margin % Related Terms
Phoenix Pioneer Technology 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.
Phoenix Pioneer Technology Co Gross Margin % Chart
ROCO:6920 vs AMAT, LRCX, KLAC: Gross Margin % Comparison
For the Semiconductor Equipment & Materials subindustry, Phoenix Pioneer Technology 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.
Phoenix Pioneer Technology Co Gross Margin % vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Phoenix Pioneer Technology Co's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Phoenix Pioneer Technology 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.
Phoenix Pioneer Technology Co (ROCO:6920) has a Gross Margin % of -12.76% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Phoenix Pioneer Technology Co and its competitors. According to the industry distribution chart, Phoenix Pioneer Technology Co ranks #978 out of 1008 companies in the Semiconductors industry, placing it in the top 97%.
Is Phoenix Pioneer Technology Co's Gross Margin % too high?
Phoenix Pioneer Technology Co's current Gross Margin % is -12.76%. Based on the distribution chart, Phoenix Pioneer Technology Co ranks #978 out of 1008 companies in the Semiconductors industry, which is in the bottom quartile relative to peers. Overall, Phoenix Pioneer Technology Co has a GF Score™ of 42/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Phoenix Pioneer Technology Co's Gross Margin % compare to AMAT and LRCX?
According to the Semiconductors industry distribution chart, Phoenix Pioneer Technology Co ranks #978 out of 1008 companies for Gross Margin %. This places Phoenix Pioneer Technology Co in the lower half of its industry. The industry median Gross Margin % is 29.61. 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 1,008 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. 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 Phoenix Pioneer Technology Co 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. Phoenix Pioneer Technology Co's current Gross Margin % is -12.76%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Phoenix Pioneer Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Phoenix Pioneer Technology Co (ROCO:6920) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$28.95, compared to a current price of NT$99.10 — trading 242.3% above its estimated fair value. The current Gross Margin % is -12.76%. Phoenix Pioneer Technology Co's overall GF Score™ is 42/100 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 Phoenix Pioneer Technology Co (ROCO:6920), the current Gross Margin % is -12.76% 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 Phoenix Pioneer Technology Co (ROCO:6920) Overvalued in 2026?
Based on GuruFocus' analysis, Phoenix Pioneer Technology Co stock appears to be overvalued.
The current stock price of NT$99.10 is trading 242.3% above its estimated GF Value™ of NT$28.95.
GuruFocus considers Phoenix Pioneer Technology Co to be Significantly Overvalued.
Key valuation signals for ROCO:6920:
Gross Margin %: -12.76%
GF Value™: NT$28.95 vs. price of NT$99.10 (242.3% above fair value)
No single metric tells the full story. See the ROCO:6920 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Phoenix Pioneer Technology Co Business Description
Phoenix Pioneer Technology Co Ltd primary business is the research, development, and manufacturing of precision IC carrier boards. Geographically, the company generates the majority of its revenue from Taiwan.
42GF Score
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