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Asia CementTPE:1102 -2.01%83 Gross Margin % is 14.02% as of Dec. 2025, which is 11% below its 10-year median of 15.75. GuruFocus rates TPE:1102 with a GF Score™ of 83/100 and a GF Value™ of NT$35.73 (Fairly Valued). The stock has 6 warning signs investors should review. Among 396 Building Materials companies, Asia Cement ranks worse than 76.52% on this metric.
Gross Margin % is calculated as gross profit divided by its revenue. Asia Cement's Gross Profit for the
three
months ended in Dec. 2025 was NT$2,508 Mil. Asia Cement's Revenue for the
three
months ended in Dec. 2025 was NT$17,890 Mil. Therefore, Asia Cement's Gross Margin % for the quarter that ended in Dec. 2025 was 14.02%.
Warning Sign:
Asia Cement Corp gross margin has been in long-term decline. The average rate of decline per year is -12.3%.
The historical rank and industry rank for Asia Cement's Gross Margin % or its related term are showing as below:
TPE:1102'
s Gross Margin % Range Over the Past 10 Years
Min: 13.01 Med: 15.75 Max: 29.82
Current: 15.82
During the past 13 years, the highestGross Margin % of Asia Cement was 29.82%. The lowest was 13.01%. And the median was 15.75%.
TPE:1102's Gross Margin % is ranked worse than 76.52% of 396
companies
in the Building Materials industry
Industry Median: 26.19
vs TPE:1102: 15.82
Asia Cement had a gross margin of 14.02% for the quarter that ended in Dec. 2025 => No sustainable competitive advantage
The 5-Year average Growth Rate of Gross Margin for Asia Cement was -12.30% per year.
Asia Cement (TPE:1102) 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
Asia Cement had a gross margin of 14.02% 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.
Asia Cement Gross Margin % Related Terms
Asia Cement Gross Margin % Historical Data
* Premium members only.
The historical data trend for Asia Cement'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.
TPE:1102 vs CRH, VMC, MLM: Gross Margin % Comparison
For the Building Materials subindustry, Asia Cement'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.
Asia Cement Gross Margin % vs Building Materials Industry
For the Building Materials industry and Basic Materials sector, Asia Cement's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Asia Cement'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.
Asia Cement (TPE:1102) has a Gross Margin % of 14.02% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Asia Cement and its competitors. This is 11% below median its historical median of 15.75. Over the past decade, Asia Cement's Gross Margin % has ranged from 13.01 to 29.82. According to the industry distribution chart, Asia Cement ranks #303 out of 396 companies in the Building Materials industry, placing it in the top 76.5%.
Is Asia Cement's Gross Margin % too high?
Asia Cement's current Gross Margin % of 14.02% is 11% below median its 10-year median of 15.75. Over the past 10 years, this metric has ranged from a low of 13.01 to a high of 29.82. The Building Materials industry median Gross Margin % is 26.19. Asia Cement's value of 14.02% is 46.5% below this industry median. Based on the distribution chart, Asia Cement ranks #303 out of 396 companies in the Building Materials industry, which is in the bottom quartile relative to peers. Overall, Asia Cement has a GF Score™ of 83/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Asia Cement's Gross Margin % compare to CRH and VMC?
According to the Building Materials industry distribution chart, Asia Cement ranks #303 out of 396 companies for Gross Margin %. This places Asia Cement in the lower half of its industry. The industry median Gross Margin % is 26.19. Asia Cement's value of 14.02% is 46.5% below this benchmark. Historically, Asia Cement's own Gross Margin % has ranged from 13.01 to 29.82 over the past decade. While the company's 10-year median is 15.75 vs. the industry median of 26.19, Asia Cement 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 Building Materials company?
The median Gross Margin % among Building Materials companies is 26.19, based on 396 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. Asia Cement's current Gross Margin % of 14.02% is 46.5% 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 Asia Cement and its competitors. For the Building Materials industry, the median Gross Margin % is 26.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Asia Cement's current Gross Margin % is 14.02%, which is 11% below median its own 10-year median of 15.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asia Cement stock overvalued right now?
Based on GuruFocus' analysis, Asia Cement (TPE:1102) is currently considered Fairly Valued. The stock's GF Value™ is NT$35.73, compared to a current price of NT$34.20 — trading 4.3% below its estimated fair value. The current Gross Margin % is 14.02%, which is 11% below median its 10-year median of 15.75 and 46.5% below the Building Materials industry median of 26.19. Asia Cement's overall GF Score™ is 83/100 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 Asia Cement (TPE:1102), the current Gross Margin % is 14.02% 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 Asia Cement (TPE:1102) Overvalued in 2026?
Based on GuruFocus' analysis, Asia Cement stock appears to be undervalued.
The current stock price of NT$34.20 is trading 4.3% below its estimated GF Value™ of NT$35.73.
GuruFocus considers Asia Cement to be Fairly Valued.
Key valuation signals for TPE:1102:
Gross Margin %: 14.02% (11% below median its 10-year median of 15.75)
GF Value™: NT$35.73 vs. price of NT$34.20 (4.3% below fair value)
Industry Position: 46.5% below the Building Materials median (#303 of 396)
No single metric tells the full story. See the TPE:1102 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Asia Cement Corp manufactures and sells cement, concrete, and cement-related products to the construction and building industries, and engages in leasing activities. The company is also required to undertake reforestation activities in designated areas. Asia Cement's product portfolio includes Portland cement types I and II, cement clinker, ready-mix concrete, furnace powder, and plaster among others. Its reportable segments are as follows: Cement which derives key revenue, Electric Power, Investment, Engineering, Transportation, Stainless Steel, and Leasing. The majority of Its revenue comes from Taiwan and China.
83GF Score
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Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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