Forward Graphic Enterprise CoROCO:8906 39 Gross Margin % is 4.47% as of Dec. 2025, which is 68% below its 10-year median of 14.13. GuruFocus rates ROCO:8906 with a GF Score™ of 39/100 and a GF Value™ of NT$25.55 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 1,006 Business Services companies, Forward Graphic Enterprise Co ranks worse than 92.64% on this metric.
Forward Graphic Enterprise Co (ROCO:8906) 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
Forward Graphic Enterprise Co had a gross margin of 4.47% 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.
Forward Graphic Enterprise Co Gross Margin % Related Terms
Forward Graphic Enterprise 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.
Forward Graphic Enterprise Co Gross Margin % Chart
ROCO:8906 vs CTAS, CPRT, ULS: Gross Margin % Comparison
For the Specialty Business Services subindustry, Forward Graphic Enterprise 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.
Forward Graphic Enterprise Co Gross Margin % vs Business Services Industry
For the Business Services industry and Industrials sector, Forward Graphic Enterprise Co's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Forward Graphic Enterprise 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.
Forward Graphic Enterprise Co (ROCO:8906) has a Gross Margin % of 4.47% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Forward Graphic Enterprise Co and its competitors. This is 68% below median its historical median of 14.13. Over the past decade, Forward Graphic Enterprise Co's Gross Margin % has ranged from 8.91 to 17.15. According to the industry distribution chart, Forward Graphic Enterprise Co ranks #932 out of 1006 companies in the Business Services industry, placing it in the top 92.6%.
Is Forward Graphic Enterprise Co's Gross Margin % too high?
Forward Graphic Enterprise Co's current Gross Margin % of 4.47% is 68% below median its 10-year median of 14.13. Over the past 10 years, this metric has ranged from a low of 8.91 to a high of 17.15. The Business Services industry median Gross Margin % is 34.46. Forward Graphic Enterprise Co's value of 4.47% is 87% below this industry median. Based on the distribution chart, Forward Graphic Enterprise Co ranks #932 out of 1006 companies in the Business Services industry, which is in the bottom quartile relative to peers. Overall, Forward Graphic Enterprise Co has a GF Score™ of 39/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Forward Graphic Enterprise Co's Gross Margin % compare to CTAS and CPRT?
According to the Business Services industry distribution chart, Forward Graphic Enterprise Co ranks #932 out of 1006 companies for Gross Margin %. This places Forward Graphic Enterprise Co in the lower half of its industry. The industry median Gross Margin % is 34.46. Forward Graphic Enterprise Co's value of 4.47% is 87% below this benchmark. Historically, Forward Graphic Enterprise Co's own Gross Margin % has ranged from 8.91 to 17.15 over the past decade. While the company's 10-year median is 14.13 vs. the industry median of 34.46, Forward Graphic Enterprise Co 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 Business Services company?
The median Gross Margin % among Business Services companies is 34.46, based on 1,006 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. Forward Graphic Enterprise Co's current Gross Margin % of 4.47% is 87% 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 Forward Graphic Enterprise Co and its competitors. For the Business Services industry, the median Gross Margin % is 34.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Forward Graphic Enterprise Co's current Gross Margin % is 4.47%, which is 68% below median its own 10-year median of 14.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Forward Graphic Enterprise Co stock overvalued right now?
Based on GuruFocus' analysis, Forward Graphic Enterprise Co (ROCO:8906) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$25.55, compared to a current price of NT$28.55 — trading 11.7% above its estimated fair value. The current Gross Margin % is 4.47%, which is 68% below median its 10-year median of 14.13 and 87% below the Business Services industry median of 34.46. Forward Graphic Enterprise Co's overall GF Score™ is 39/100 with 7 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 Forward Graphic Enterprise Co (ROCO:8906), the current Gross Margin % is 4.47% 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 Forward Graphic Enterprise Co (ROCO:8906) Overvalued in 2026?
Based on GuruFocus' analysis, Forward Graphic Enterprise Co stock appears to be overvalued.
The current stock price of NT$28.55 is trading 11.7% above its estimated GF Value™ of NT$25.55.
GuruFocus considers Forward Graphic Enterprise Co to be Modestly Overvalued.
Key valuation signals for ROCO:8906:
Gross Margin %: 4.47% (68% below median its 10-year median of 14.13)
GF Value™: NT$25.55 vs. price of NT$28.55 (11.7% above fair value)
Industry Position: 87% below the Business Services median (#932 of 1006)
No single metric tells the full story. See the ROCO:8906 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Forward Graphic Enterprise Co Business Description
Forward Graphic Enterprise Co Ltd is engaged in manufacturing, processing, and distribution of printing products. Its products include packages, Books, Notebook, a Catalogue, Calendar, DIY Products and ECO-Friendly cultural printings, ultraviolet printings and special printings.
39GF Score
Get the complete analysis for ROCO:8906
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