Ocean Plastics CoTPE:1321 +1.75%59 Gross Margin % is 6.96% as of Dec. 2025, which is 5% below its 10-year median of 7.34. GuruFocus rates TPE:1321 with a GF Score™ of 59/100 and a GF Value™ of NT$25.08 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 1,555 Chemicals companies, Ocean Plastics Co ranks worse than 87.97% on this metric.
Ocean Plastics Co Ltd gross margin has been in long-term decline. The average rate of decline per year is -5.8%.
The historical rank and industry rank for Ocean Plastics Co's Gross Margin % or its related term are showing as below:
TPE:1321'
s Gross Margin % Range Over the Past 10 Years
Min: 3.89 Med: 7.34 Max: 12.05
Current: 7.21
During the past 13 years, the highestGross Margin % of Ocean Plastics Co was 12.05%. The lowest was 3.89%. And the median was 7.34%.
TPE:1321's Gross Margin % is ranked worse than 87.97% of 1555
companies
in the Chemicals industry
Industry Median: 23.44
vs TPE:1321: 7.21
Ocean Plastics Co had a gross margin of 6.96% for the quarter that ended in Dec. 2025 => No sustainable competitive advantage
The 5-Year average Growth Rate of Gross Margin for Ocean Plastics Co was -5.80% per year.
Ocean Plastics Co (TPE:1321) 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
Ocean Plastics Co had a gross margin of 6.96% 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.
Ocean Plastics Co Gross Margin % Related Terms
Ocean Plastics Co Gross Margin % Historical Data
* Premium members only.
The historical data trend for Ocean Plastics 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.
TPE:1321 vs LIN, SHW, ECL: Gross Margin % Comparison
For the Specialty Chemicals subindustry, Ocean Plastics 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.
Ocean Plastics Co Gross Margin % vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Ocean Plastics Co's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Ocean Plastics 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.
Ocean Plastics Co (TPE:1321) has a Gross Margin % of 6.96% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Ocean Plastics Co and its competitors. This is near median its historical median of 7.34. Over the past decade, Ocean Plastics Co's Gross Margin % has ranged from 3.89 to 12.05. According to the industry distribution chart, Ocean Plastics Co ranks #1368 out of 1555 companies in the Chemicals industry, placing it in the top 88%.
Is Ocean Plastics Co's Gross Margin % too high?
Ocean Plastics Co's current Gross Margin % of 6.96% is near median its 10-year median of 7.34. Over the past 10 years, this metric has ranged from a low of 3.89 to a high of 12.05. The Chemicals industry median Gross Margin % is 23.44. Ocean Plastics Co's value of 6.96% is 70.3% below this industry median. Based on the distribution chart, Ocean Plastics Co ranks #1368 out of 1555 companies in the Chemicals industry, which is in the bottom quartile relative to peers. Overall, Ocean Plastics Co has a GF Score™ of 59/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ocean Plastics Co's Gross Margin % compare to LIN and SHW?
According to the Chemicals industry distribution chart, Ocean Plastics Co ranks #1368 out of 1555 companies for Gross Margin %. This places Ocean Plastics Co in the lower half of its industry. The industry median Gross Margin % is 23.44. Ocean Plastics Co's value of 6.96% is 70.3% below this benchmark. Historically, Ocean Plastics Co's own Gross Margin % has ranged from 3.89 to 12.05 over the past decade. While the company's 10-year median is 7.34 vs. the industry median of 23.44, Ocean Plastics 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 Chemicals company?
The median Gross Margin % among Chemicals companies is 23.44, based on 1,555 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. Ocean Plastics Co's current Gross Margin % of 6.96% is 70.3% 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 Ocean Plastics Co and its competitors. For the Chemicals industry, the median Gross Margin % is 23.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ocean Plastics Co's current Gross Margin % is 6.96%, which is near median its own 10-year median of 7.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ocean Plastics Co stock overvalued right now?
Based on GuruFocus' analysis, Ocean Plastics Co (TPE:1321) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$25.08, compared to a current price of NT$31.90 — trading 27.2% above its estimated fair value. The current Gross Margin % is 6.96%, which is near median its 10-year median of 7.34 and 70.3% below the Chemicals industry median of 23.44. Ocean Plastics Co's overall GF Score™ is 59/100 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 Ocean Plastics Co (TPE:1321), the current Gross Margin % is 6.96% 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 Ocean Plastics Co (TPE:1321) Overvalued in 2026?
Based on GuruFocus' analysis, Ocean Plastics Co stock appears to be overvalued.
The current stock price of NT$31.90 is trading 27.2% above its estimated GF Value™ of NT$25.08.
GuruFocus considers Ocean Plastics Co to be Modestly Overvalued.
Key valuation signals for TPE:1321:
Gross Margin %: 6.96% (near median its 10-year median of 7.34)
GF Value™: NT$25.08 vs. price of NT$31.90 (27.2% above fair value)
Industry Position: 70.3% below the Chemicals median (#1368 of 1555)
No single metric tells the full story. See the TPE:1321 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ocean Plastics Co Ltd is a Taiwan-based company, that engages in the manufacturing and selling of plastic raw materials, products, and plastic industry supplementary materials. Its products include plastic cloths, plastic pipe, plastic leather products, synthetic leather products, plastic construction materials, and plastic raw materials The company distributes its products in Taiwan, Japan, Vietnam China, India, and the United States, among others.
59GF 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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