SHSE:688012's Gross Margin % is ranked better than 67.56% of 1008
companies
in the Semiconductors industry
Industry Median: 29.61
vs SHSE:688012: 38.93
Advanced Micro-fabrication Equipment had a gross margin of 39.89% for the quarter that ended in Mar. 2026 => Competition eroding margins
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 Micro-fabrication Equipment had a gross margin of 39.89% for the quarter that ended in Mar. 2026 => Competition eroding margins
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 Micro-fabrication Equipment Gross Margin % Related Terms
Advanced Micro-fabrication Equipment 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.
SHSE:688012 vs AMAT, LRCX, KLAC: Gross Margin % Comparison
For the Semiconductor Equipment & Materials subindustry, Advanced Micro-fabrication Equipment'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 Micro-fabrication Equipment Gross Margin % vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Advanced Micro-fabrication Equipment's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Advanced Micro-fabrication Equipment'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.
Advanced Micro-fabrication Equipment (SHSE:688012) has a Gross Margin % of 39.89% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Advanced Micro-fabrication Equipment and its competitors. This is near median its historical median of 40.12. Over the past decade, Advanced Micro-fabrication Equipment's Gross Margin % has ranged from 34.93 to 45.74. According to the industry distribution chart, Advanced Micro-fabrication Equipment ranks #327 out of 1008 companies in the Semiconductors industry, placing it in the top 32.4%.
Is Advanced Micro-fabrication Equipment's Gross Margin % too high?
Advanced Micro-fabrication Equipment's current Gross Margin % of 39.89% is near median its 10-year median of 40.12. Over the past 10 years, this metric has ranged from a low of 34.93 to a high of 45.74. The Semiconductors industry median Gross Margin % is 29.61. Advanced Micro-fabrication Equipment's value of 39.89% is 34.7% above this industry median. Based on the distribution chart, Advanced Micro-fabrication Equipment ranks #327 out of 1008 companies in the Semiconductors industry, which is above the industry midpoint. Overall, Advanced Micro-fabrication Equipment has a GF Score™ of 86/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Advanced Micro-fabrication Equipment's Gross Margin % compare to AMAT and LRCX?
According to the Semiconductors industry distribution chart, Advanced Micro-fabrication Equipment ranks #327 out of 1008 companies for Gross Margin %. This puts Advanced Micro-fabrication Equipment in the upper half of its industry. The industry median Gross Margin % is 29.61. Advanced Micro-fabrication Equipment's value of 39.89% is 34.7% above this benchmark. Historically, Advanced Micro-fabrication Equipment's own Gross Margin % has ranged from 34.93 to 45.74 over the past decade. While the company's 10-year median is 40.12 vs. the industry median of 29.61, Advanced Micro-fabrication Equipment 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. Advanced Micro-fabrication Equipment's current Gross Margin % of 39.89% is 34.7% 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 Advanced Micro-fabrication Equipment 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. Advanced Micro-fabrication Equipment's current Gross Margin % is 39.89%, which is near median its own 10-year median of 40.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Advanced Micro-fabrication Equipment stock overvalued right now?
Based on GuruFocus' analysis, Advanced Micro-fabrication Equipment (SHSE:688012) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥230.64, compared to a current price of ¥434.51 — trading 88.4% above its estimated fair value. The current Gross Margin % is 39.89%, which is near median its 10-year median of 40.12 and 34.7% above the Semiconductors industry median of 29.61. Advanced Micro-fabrication Equipment's overall GF Score™ is 86/100 with 9 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 Micro-fabrication Equipment (SHSE:688012), the current Gross Margin % is 39.89% as of Mar. 2026. 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 Micro-fabrication Equipment (SHSE:688012) Overvalued in 2026?
Based on GuruFocus' analysis, Advanced Micro-fabrication Equipment stock appears to be overvalued.
The current stock price of ¥434.51 is trading 88.4% above its estimated GF Value™ of ¥230.64.
GuruFocus considers Advanced Micro-fabrication Equipment to be Significantly Overvalued.
Key valuation signals for SHSE:688012:
Gross Margin %: 39.89% (near median its 10-year median of 40.12)
GF Value™: ¥230.64 vs. price of ¥434.51 (88.4% above fair value)
Industry Position: 34.7% above the Semiconductors median (#327 of 1008)
No single metric tells the full story. See the SHSE:688012 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Advanced Micro-fabrication Equipment Business Description
Advanced Micro-fabrication Equipment Inc is engaged in the development, production, and sales of equipment such as plasma etching equipment, deep silicon etching equipment, and metal organic chemical vapor deposition (MOCVD) equipment for microelectronic devices such as integrated circuits and LED chips.
86GF Score
Get the complete analysis for SHSE:688012
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
SHSE:688012 has been successfully added to your 
