PanRam International (ROCO:8088) Gross Margin %: 18.59% (As of Dec. 2025) — 49% Above Median

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ROCO:8088 PanRam International Corp ROCO:8088
70 GF Score
Price NT$47.25
GF Value NT$42.62
Valuation Modestly Overvalued
! 4 Warning Signs
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What is PanRam International Gross Margin %?

PanRam International ROCO:8088 -6.06% 70 Gross Margin % is 18.59% as of Dec. 2025, which is 49% above its 10-year median of 12.51. GuruFocus rates ROCO:8088 with a GF Score™ of 70/100 and a GF Value™ of NT$42.62 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 2,455 Hardware companies, PanRam International ranks worse than 81.83% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. PanRam International's Gross Profit for the three months ended in Dec. 2025 was NT$121 Mil. PanRam International's Revenue for the three months ended in Dec. 2025 was NT$650 Mil. Therefore, PanRam International's Gross Margin % for the quarter that ended in Dec. 2025 was 18.59%.

Warning Sign:

PanRam International Corp gross margin has been in long-term decline. The average rate of decline per year is -29.2%.


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

ROCO:8088' s Gross Margin % Range Over the Past 10 Years
Min: 0.32   Med: 12.51   Max: 18.6
Current: 11.3


During the past 13 years, the highest Gross Margin % of PanRam International was 18.60%. The lowest was 0.32%. And the median was 12.51%.

ROCO:8088's Gross Margin % is ranked worse than
81.83% of 2455 companies
in the Hardware industry
Industry Median: 24.5 vs ROCO:8088: 11.30

PanRam International had a gross margin of 18.59% for the quarter that ended in Dec. 2025 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for PanRam International was -29.20% per year.


PanRam International  (ROCO:8088) 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

PanRam International had a gross margin of 18.59% 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.


PanRam International Gross Margin % Related Terms


PanRam International Gross Margin % Historical Data

* Premium members only.

The historical data trend for PanRam International'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.

PanRam International Gross Margin % Chart

PanRam International 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 11.43 18.12 16.04 0.32 11.30

PanRam International 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 13.29 4.13 6.07 8.90 18.59

ROCO:8088 vs SNDK, DELL, STX: Gross Margin % Comparison

For the Computer Hardware subindustry, PanRam International'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.


PanRam International Gross Margin % vs Hardware Industry

For the Hardware industry and Technology sector, PanRam International's Gross Margin % distribution charts can be found below:

* The bar in red indicates where PanRam International's Gross Margin % falls into.


ROCO:8088
70GF Score
PanRam International Corp ROCO:8088
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PanRam International Gross Margin % Calculation

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

PanRam International'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 )
=189.3 / 1675.964
=(Revenue - Cost of Goods Sold) / Revenue
=(1675.964 - 1486.625) / 1675.964
=11.30 %

PanRam International'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 )
=120.8 / 649.624
=(Revenue - Cost of Goods Sold) / Revenue
=(649.624 - 528.854) / 649.624
=18.59 %

* 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 18.59% mean?
PanRam International (ROCO:8088) has a Gross Margin % of 18.59% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on PanRam International and its competitors. This is 49% above median its historical median of 12.51. Over the past decade, PanRam International's Gross Margin % has ranged from 0.32 to 18.60. According to the industry distribution chart, PanRam International ranks #2009 out of 2455 companies in the Hardware industry, placing it in the top 81.8%.
Is PanRam International's Gross Margin % too high?
PanRam International's current Gross Margin % of 18.59% is 49% above median its 10-year median of 12.51. Over the past 10 years, this metric has ranged from a low of 0.32 to a high of 18.60. The Hardware industry median Gross Margin % is 24.50. PanRam International's value of 18.59% is 24.1% below this industry median. Based on the distribution chart, PanRam International ranks #2009 out of 2455 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, PanRam International has a GF Score™ of 70/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PanRam International's Gross Margin % compare to SNDK and DELL?
According to the Hardware industry distribution chart, PanRam International ranks #2009 out of 2455 companies for Gross Margin %. This places PanRam International in the lower half of its industry. The industry median Gross Margin % is 24.50. PanRam International's value of 18.59% is 24.1% below this benchmark. Historically, PanRam International's own Gross Margin % has ranged from 0.32 to 18.60 over the past decade. While the company's 10-year median is 12.51 vs. the industry median of 24.50, PanRam International 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 Hardware company?
The median Gross Margin % among Hardware companies is 24.50, 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. PanRam International's current Gross Margin % of 18.59% is 24.1% 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 PanRam International and its competitors. For the Hardware industry, the median Gross Margin % is 24.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PanRam International's current Gross Margin % is 18.59%, which is 49% above median its own 10-year median of 12.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PanRam International stock overvalued right now?
Based on GuruFocus' analysis, PanRam International (ROCO:8088) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$42.62, compared to a current price of NT$47.25 — trading 10.9% above its estimated fair value. The current Gross Margin % is 18.59%, which is 49% above median its 10-year median of 12.51 and 24.1% below the Hardware industry median of 24.50. PanRam International's overall GF Score™ is 70/100 with 4 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 PanRam International (ROCO:8088), the current Gross Margin % is 18.59% 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 PanRam International (ROCO:8088) Overvalued in 2026?

Based on GuruFocus' analysis, PanRam International stock appears to be overvalued. The current stock price of NT$47.25 is trading 10.9% above its estimated GF Value™ of NT$42.62. GuruFocus considers PanRam International to be Modestly Overvalued.

Key valuation signals for ROCO:8088:

  • Gross Margin %: 18.59% (49% above median its 10-year median of 12.51)
  • GF Value™: NT$42.62 vs. price of NT$47.25 (10.9% above fair value)
  • GF Score™: 70/100 with 4 warning signs
  • Industry Position: 24.1% below the Hardware median (#2009 of 2455)

No single metric tells the full story. See the ROCO:8088 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


PanRam International Business Description

Address No.460, Sec. 5, Chenggong Road, 9th Floor, Neihu District, Taipei City, TWN
PanRam International Corp is a Taiwan-based company that engages in the research, development, manufacture, and sale of memory modules and related application products. The products of the company includes Memory Module, Dram Module, Customize Flash Drives, SSD Solid-state Drives, Mobile Power, and SMT professional OEM.
70GF Score

Get the complete analysis for ROCO:8088

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

NT$47.25
Price
NT$42.62
GF Value