Ta-Yuan Cogeneration Co (ROCO:8931) Gross Margin %: 7.08% (As of Dec. 2025) — 61% Below Median

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ROCO:8931 Ta-Yuan Cogeneration Co Ltd ROCO:8931
79 GF Score
Price NT$42.35
GF Value NT$47.23
Valuation Modestly Undervalued
! 8 Warning Signs
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What is Ta-Yuan Cogeneration Co Gross Margin %?

Ta-Yuan Cogeneration Co ROCO:8931 79 Gross Margin % is 7.08% as of Dec. 2025, which is 61% below its 10-year median of 18.21. GuruFocus rates ROCO:8931 with a GF Score™ of 79/100 and a GF Value™ of NT$47.23 (Modestly Undervalued). The stock has 8 warning signs investors should review. Among 490 Utilities - Regulated companies, Ta-Yuan Cogeneration Co ranks worse than 76.94% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Ta-Yuan Cogeneration Co's Gross Profit for the three months ended in Dec. 2025 was NT$40 Mil. Ta-Yuan Cogeneration Co's Revenue for the three months ended in Dec. 2025 was NT$568 Mil. Therefore, Ta-Yuan Cogeneration Co's Gross Margin % for the quarter that ended in Dec. 2025 was 7.08%.

Warning Sign:

Ta-Yuan Cogeneration Co Ltd gross margin has been in long-term decline. The average rate of decline per year is -1.8%.


The historical rank and industry rank for Ta-Yuan Cogeneration Co's Gross Margin % or its related term are showing as below:

ROCO:8931' s Gross Margin % Range Over the Past 10 Years
Min: 15.05   Med: 18.21   Max: 21.88
Current: 16.69


During the past 13 years, the highest Gross Margin % of Ta-Yuan Cogeneration Co was 21.88%. The lowest was 15.05%. And the median was 18.21%.

ROCO:8931's Gross Margin % is ranked worse than
76.94% of 490 companies
in the Utilities - Regulated industry
Industry Median: 30.755 vs ROCO:8931: 16.69

Ta-Yuan Cogeneration Co had a gross margin of 7.08% for the quarter that ended in Dec. 2025 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Ta-Yuan Cogeneration Co was -1.80% per year.


Ta-Yuan Cogeneration Co  (ROCO:8931) 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

Ta-Yuan Cogeneration Co had a gross margin of 7.08% 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.


Ta-Yuan Cogeneration Co Gross Margin % Related Terms


Ta-Yuan Cogeneration Co Gross Margin % Historical Data

* Premium members only.

The historical data trend for Ta-Yuan Cogeneration Co'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.

Ta-Yuan Cogeneration Co Gross Margin % Chart

Ta-Yuan Cogeneration Co 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 18.21 21.04 19.76 21.88 16.69

Ta-Yuan Cogeneration Co 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 22.76 24.68 19.62 14.92 7.08

ROCO:8931 vs NEE, SO, DUK: Gross Margin % Comparison

For the Utilities - Regulated Electric subindustry, Ta-Yuan Cogeneration 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.


Ta-Yuan Cogeneration Co Gross Margin % vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Ta-Yuan Cogeneration Co's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Ta-Yuan Cogeneration Co's Gross Margin % falls into.


ROCO:8931
79GF Score
Ta-Yuan Cogeneration Co Ltd ROCO:8931
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Ta-Yuan Cogeneration Co Gross Margin % Calculation

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

Ta-Yuan Cogeneration Co'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 )
=413.1 / 2474.726
=(Revenue - Cost of Goods Sold) / Revenue
=(2474.726 - 2061.59) / 2474.726
=16.69 %

Ta-Yuan Cogeneration Co'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 )
=40.2 / 567.566
=(Revenue - Cost of Goods Sold) / Revenue
=(567.566 - 527.37) / 567.566
=7.08 %

* 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 7.08% mean?
Ta-Yuan Cogeneration Co (ROCO:8931) has a Gross Margin % of 7.08% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Ta-Yuan Cogeneration Co and its competitors. This is 61% below median its historical median of 18.21. Over the past decade, Ta-Yuan Cogeneration Co's Gross Margin % has ranged from 15.05 to 21.88. According to the industry distribution chart, Ta-Yuan Cogeneration Co ranks #377 out of 490 companies in the Utilities - Regulated industry, placing it in the top 76.9%.
Is Ta-Yuan Cogeneration Co's Gross Margin % too high?
Ta-Yuan Cogeneration Co's current Gross Margin % of 7.08% is 61% below median its 10-year median of 18.21. Over the past 10 years, this metric has ranged from a low of 15.05 to a high of 21.88. The Utilities - Regulated industry median Gross Margin % is 30.76. Ta-Yuan Cogeneration Co's value of 7.08% is 77% below this industry median. Based on the distribution chart, Ta-Yuan Cogeneration Co ranks #377 out of 490 companies in the Utilities - Regulated industry, which is in the bottom quartile relative to peers. Overall, Ta-Yuan Cogeneration Co has a GF Score™ of 79/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ta-Yuan Cogeneration Co's Gross Margin % compare to NEE and SO?
According to the Utilities - Regulated industry distribution chart, Ta-Yuan Cogeneration Co ranks #377 out of 490 companies for Gross Margin %. This places Ta-Yuan Cogeneration Co in the lower half of its industry. The industry median Gross Margin % is 30.76. Ta-Yuan Cogeneration Co's value of 7.08% is 77% below this benchmark. Historically, Ta-Yuan Cogeneration Co's own Gross Margin % has ranged from 15.05 to 21.88 over the past decade. While the company's 10-year median is 18.21 vs. the industry median of 30.76, Ta-Yuan Cogeneration 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 an Utilities - Regulated company?
The median Gross Margin % among Utilities - Regulated companies is 30.76, based on 490 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. Ta-Yuan Cogeneration Co's current Gross Margin % of 7.08% is 77% 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 Ta-Yuan Cogeneration Co and its competitors. For the Utilities - Regulated industry, the median Gross Margin % is 30.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ta-Yuan Cogeneration Co's current Gross Margin % is 7.08%, which is 61% below median its own 10-year median of 18.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ta-Yuan Cogeneration Co stock overvalued right now?
Based on GuruFocus' analysis, Ta-Yuan Cogeneration Co (ROCO:8931) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$47.23, compared to a current price of NT$42.35 — trading 10.3% below its estimated fair value. The current Gross Margin % is 7.08%, which is 61% below median its 10-year median of 18.21 and 77% below the Utilities - Regulated industry median of 30.76. Ta-Yuan Cogeneration Co's overall GF Score™ is 79/100 with 8 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 Ta-Yuan Cogeneration Co (ROCO:8931), the current Gross Margin % is 7.08% 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 Ta-Yuan Cogeneration Co (ROCO:8931) Overvalued in 2026?

Based on GuruFocus' analysis, Ta-Yuan Cogeneration Co stock appears to be undervalued. The current stock price of NT$42.35 is trading 10.3% below its estimated GF Value™ of NT$47.23. GuruFocus considers Ta-Yuan Cogeneration Co to be Modestly Undervalued.

Key valuation signals for ROCO:8931:

  • Gross Margin %: 7.08% (61% below median its 10-year median of 18.21)
  • GF Value™: NT$47.23 vs. price of NT$42.35 (10.3% below fair value)
  • GF Score™: 79/100 with 8 warning signs
  • Industry Position: 77% below the Utilities - Regulated median (#377 of 490)

No single metric tells the full story. See the ROCO:8931 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ta-Yuan Cogeneration Co Business Description

Address Chaoyin North Road, No. 276, Dayuan District, Taoyuan, TWN
Ta-Yuan Cogeneration Co Ltd engages mainly in operating the cogeneration business, operating and repairing equipment, processing waste disposal, managing incinerators, and processing refuse-derived fuel. It is involved in the operation, management, and maintenance of cogeneration plants, as well as waste disposal and incinerator management. Through the development of cogeneration, the company focuses on supplying power to industrial areas and balancing peak and off-peak electricity demand. The company's reportable segments are: Plant of Cogeneration, which generates the maximum revenue, and Plant of Renewable Energy. Geographically, it operates only in Taiwan.
79GF Score

Get the complete analysis for ROCO:8931

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

NT$42.35
Price
NT$47.23
GF Value