IC PlusROCO:8040 -3.94%46 Gross Margin % is 41.56% as of Dec. 2025, which is 25% above its 10-year median of 33.32. GuruFocus rates ROCO:8040 with a GF Score™ of 46/100 and a GF Value™ of NT$46.04 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 1,008 Semiconductors companies, IC Plus ranks better than 70.54% on this metric.
Gross Margin % is calculated as gross profit divided by its revenue. IC Plus's Gross Profit for the
three
months ended in Dec. 2025 was NT$64.5 Mil. IC Plus's Revenue for the
three
months ended in Dec. 2025 was NT$155.3 Mil. Therefore, IC Plus's Gross Margin % for the quarter that ended in Dec. 2025 was 41.56%.
The historical rank and industry rank for IC Plus's Gross Margin % or its related term are showing as below:
ROCO:8040'
s Gross Margin % Range Over the Past 10 Years
Min: 28.98 Med: 33.32 Max: 41.11
Current: 41.11
During the past 13 years, the highestGross Margin % of IC Plus was 41.11%. The lowest was 28.98%. And the median was 33.32%.
ROCO:8040's Gross Margin % is ranked better than 70.54% of 1008
companies
in the Semiconductors industry
Industry Median: 29.61
vs ROCO:8040: 41.11
IC Plus had a gross margin of 41.56% for the quarter that ended in Dec. 2025 => Durable competitive advantage
The 5-Year average Growth Rate of Gross Margin for IC Plus was 3.40% per year.
IC Plus (ROCO:8040) 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
IC Plus had a gross margin of 41.56% 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.
IC Plus Gross Margin % Related Terms
IC Plus Gross Margin % Historical Data
* Premium members only.
The historical data trend for IC Plus'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.
ROCO:8040 vs NVDA, AVGO, MU: Gross Margin % Comparison
For the Semiconductors subindustry, IC Plus'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.
IC Plus Gross Margin % vs Semiconductors Industry
For the Semiconductors industry and Technology sector, IC Plus's Gross Margin % distribution charts can be found below:
* The bar in red indicates where IC Plus'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.
IC Plus (ROCO:8040) has a Gross Margin % of 41.56% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on IC Plus and its competitors. This is 25% above median its historical median of 33.32. Over the past decade, IC Plus' Gross Margin % has ranged from 28.98 to 41.11. According to the industry distribution chart, IC Plus ranks #297 out of 1008 companies in the Semiconductors industry, placing it in the top 29.5%.
Is IC Plus' Gross Margin % too high?
IC Plus' current Gross Margin % of 41.56% is 25% above median its 10-year median of 33.32. Over the past 10 years, this metric has ranged from a low of 28.98 to a high of 41.11. The Semiconductors industry median Gross Margin % is 29.61. IC Plus' value of 41.56% is 40.4% above this industry median. Based on the distribution chart, IC Plus ranks #297 out of 1008 companies in the Semiconductors industry, which is above the industry midpoint. Overall, IC Plus has a GF Score™ of 46/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does IC Plus' Gross Margin % compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, IC Plus ranks #297 out of 1008 companies for Gross Margin %. This puts IC Plus in the upper half of its industry. The industry median Gross Margin % is 29.61. IC Plus' value of 41.56% is 40.4% above this benchmark. Historically, IC Plus' own Gross Margin % has ranged from 28.98 to 41.11 over the past decade. While the company's 10-year median is 33.32 vs. the industry median of 29.61, IC Plus 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 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. IC Plus's current Gross Margin % of 41.56% is 40.4% 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 IC Plus 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. IC Plus's current Gross Margin % is 41.56%, which is 25% above median its own 10-year median of 33.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IC Plus stock overvalued right now?
Based on GuruFocus' analysis, IC Plus (ROCO:8040) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$46.04, compared to a current price of NT$95.10 — trading 106.6% above its estimated fair value. The current Gross Margin % is 41.56%, which is 25% above median its 10-year median of 33.32 and 40.4% above the Semiconductors industry median of 29.61. IC Plus' overall GF Score™ is 46/100 with 1 warning sign 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 IC Plus (ROCO:8040), the current Gross Margin % is 41.56% 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 IC Plus (ROCO:8040) Overvalued in 2026?
Based on GuruFocus' analysis, IC Plus stock appears to be overvalued.
The current stock price of NT$95.10 is trading 106.6% above its estimated GF Value™ of NT$46.04.
GuruFocus considers IC Plus to be Significantly Overvalued.
Key valuation signals for ROCO:8040:
Gross Margin %: 41.56% (25% above median its 10-year median of 33.32)
GF Value™: NT$46.04 vs. price of NT$95.10 (106.6% above fair value)
Industry Position: 40.4% above the Semiconductors median (#297 of 1008)
No single metric tells the full story. See the ROCO:8040 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
IC Plus Corp is a Taiwan-based company engaged in researching, developing, manufacturing, selling, importing, and exporting trading of integrated circuits. The company only has the IC design segment as the single reporting segment. The primary operating activity of the IC design segment is the design of Ethernet integrated circuit products. Its Geographic regions are Taiwan, China, and others, and the majority of the revenue comes from China.
46GF Score
Get the complete analysis for ROCO:8040
Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
ROCO:8040 has been successfully added to your 
