Advanced International Multitech Co (ROCO:8938) Gross Margin %: 16.31% (As of Dec. 2025) — Near Median

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ROCO:8938 Advanced International Multitech Co Ltd ROCO:8938
76 GF Score
Price NT$54.20
GF Value NT$70.04
Valuation Modestly Undervalued
! 6 Warning Signs
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What is Advanced International Multitech Co Gross Margin %?

Advanced International Multitech Co ROCO:8938 -1.45% 76 Gross Margin % is 16.31% as of Dec. 2025, which is 2% above its 10-year median of 15.92. GuruFocus rates ROCO:8938 with a GF Score™ of 76/100 and a GF Value™ of NT$70.04 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 790 Travel & Leisure companies, Advanced International Multitech Co ranks worse than 87.72% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Advanced International Multitech Co's Gross Profit for the three months ended in Dec. 2025 was NT$770 Mil. Advanced International Multitech Co's Revenue for the three months ended in Dec. 2025 was NT$4,722 Mil. Therefore, Advanced International Multitech Co's Gross Margin % for the quarter that ended in Dec. 2025 was 16.31%.

Warning Sign:

Advanced International Multitech Co Ltd gross margin has been in long-term decline. The average rate of decline per year is -4.3%.


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

ROCO:8938' s Gross Margin % Range Over the Past 10 Years
Min: 14.26   Med: 15.92   Max: 20.33
Current: 15.56


During the past 13 years, the highest Gross Margin % of Advanced International Multitech Co was 20.33%. The lowest was 14.26%. And the median was 15.92%.

ROCO:8938's Gross Margin % is ranked worse than
87.72% of 790 companies
in the Travel & Leisure industry
Industry Median: 43.64 vs ROCO:8938: 15.56

Advanced International Multitech Co had a gross margin of 16.31% for the quarter that ended in Dec. 2025 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Advanced International Multitech Co was -4.30% per year.


Advanced International Multitech Co  (ROCO:8938) 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

Advanced International Multitech Co had a gross margin of 16.31% 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.


Advanced International Multitech Co Gross Margin % Related Terms


Advanced International Multitech Co Gross Margin % Historical Data

* Premium members only.

The historical data trend for Advanced International Multitech 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.

Advanced International Multitech Co Gross Margin % Chart

Advanced International Multitech 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 19.02 20.33 16.15 15.68 15.56

Advanced International Multitech 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 16.54 16.58 12.44 16.34 16.31

ROCO:8938 vs AS, HAS, LTH: Gross Margin % Comparison

For the Leisure subindustry, Advanced International Multitech 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.


Advanced International Multitech Co Gross Margin % vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Advanced International Multitech Co's Gross Margin % distribution charts can be found below:

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


ROCO:8938
76GF Score
Advanced International Multitech Co Ltd ROCO:8938
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Advanced International Multitech Co Gross Margin % Calculation

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

Advanced International Multitech 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 )
=2396.6 / 15406.654
=(Revenue - Cost of Goods Sold) / Revenue
=(15406.654 - 13010.007) / 15406.654
=15.56 %

Advanced International Multitech 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 )
=770 / 4721.572
=(Revenue - Cost of Goods Sold) / Revenue
=(4721.572 - 3951.547) / 4721.572
=16.31 %

* 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 16.31% mean?
Advanced International Multitech Co (ROCO:8938) has a Gross Margin % of 16.31% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Advanced International Multitech Co and its competitors. This is near median its historical median of 15.92. Over the past decade, Advanced International Multitech Co's Gross Margin % has ranged from 14.26 to 20.33. According to the industry distribution chart, Advanced International Multitech Co ranks #693 out of 790 companies in the Travel & Leisure industry, placing it in the top 87.7%.
Is Advanced International Multitech Co's Gross Margin % too high?
Advanced International Multitech Co's current Gross Margin % of 16.31% is near median its 10-year median of 15.92. Over the past 10 years, this metric has ranged from a low of 14.26 to a high of 20.33. The Travel & Leisure industry median Gross Margin % is 43.64. Advanced International Multitech Co's value of 16.31% is 62.6% below this industry median. Based on the distribution chart, Advanced International Multitech Co ranks #693 out of 790 companies in the Travel & Leisure industry, which is in the bottom quartile relative to peers. Overall, Advanced International Multitech Co has a GF Score™ of 76/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Advanced International Multitech Co's Gross Margin % compare to AS and HAS?
According to the Travel & Leisure industry distribution chart, Advanced International Multitech Co ranks #693 out of 790 companies for Gross Margin %. This places Advanced International Multitech Co in the lower half of its industry. The industry median Gross Margin % is 43.64. Advanced International Multitech Co's value of 16.31% is 62.6% below this benchmark. Historically, Advanced International Multitech Co's own Gross Margin % has ranged from 14.26 to 20.33 over the past decade. While the company's 10-year median is 15.92 vs. the industry median of 43.64, Advanced International Multitech 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 Travel & Leisure company?
The median Gross Margin % among Travel & Leisure companies is 43.64, based on 790 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. Advanced International Multitech Co's current Gross Margin % of 16.31% is 62.6% 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 Advanced International Multitech Co and its competitors. For the Travel & Leisure industry, the median Gross Margin % is 43.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Advanced International Multitech Co's current Gross Margin % is 16.31%, which is near median its own 10-year median of 15.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Advanced International Multitech Co stock overvalued right now?
Based on GuruFocus' analysis, Advanced International Multitech Co (ROCO:8938) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$70.04, compared to a current price of NT$54.20 — trading 22.6% below its estimated fair value. The current Gross Margin % is 16.31%, which is near median its 10-year median of 15.92 and 62.6% below the Travel & Leisure industry median of 43.64. Advanced International Multitech Co's overall GF Score™ is 76/100 with 6 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 Advanced International Multitech Co (ROCO:8938), the current Gross Margin % is 16.31% 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 Advanced International Multitech Co (ROCO:8938) Overvalued in 2026?

Based on GuruFocus' analysis, Advanced International Multitech Co stock appears to be undervalued. The current stock price of NT$54.20 is trading 22.6% below its estimated GF Value™ of NT$70.04. GuruFocus considers Advanced International Multitech Co to be Modestly Undervalued.

Key valuation signals for ROCO:8938:

  • Gross Margin %: 16.31% (near median its 10-year median of 15.92)
  • GF Value™: NT$70.04 vs. price of NT$54.20 (22.6% below fair value)
  • GF Score™: 76/100 with 6 warning signs
  • Industry Position: 62.6% below the Travel & Leisure median (#693 of 790)

No single metric tells the full story. See the ROCO:8938 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Advanced International Multitech Co Business Description

Address No.24 & 26, Chung Lin Road, Chung Lin Factory 1 / Chung Lin Factory 2, Lin Hai Industrial District, Xiaogang District, Kaohsiung City, TWN, 812
Advanced International Multitech Co Ltd is a Taiwan-based company. Along with its subsidiaries, the firm is engaged in the manufacturing, processing, trading, import, and export of carbon fiber prepackaged materials, and carbon fiber products, golf balls, composites, and bicycle parts. The product portfolio of the company includes golf club heads, graphite shafts, golf club sets, golf balls, putters, and carbon fiber components for bicycles, such as forks, frames, aviation products, and composite materials. It also manufactures carbon fiber bicycles, and others. Geographically, the company generates a majority of its revenue from the Americas followed by Asia and other regions.
76GF Score

Get the complete analysis for ROCO:8938

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

NT$54.20
Price
NT$70.04
GF Value