Triocean Industrial CoTPE:1472 +0.11%80 Gross Margin % is 11.18% as of Dec. 2025, which is 25% above its 10-year median of 8.91. GuruFocus rates TPE:1472 with a GF Score™ of 80/100 and a GF Value™ of NT$77.96 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 1,720 Construction companies, Triocean Industrial Co ranks worse than 67.91% on this metric.
TPE:1472's Gross Margin % is ranked worse than 67.91% of 1720
companies
in the Construction industry
Industry Median: 20.715
vs TPE:1472: 14.10
Triocean Industrial Co had a gross margin of 11.18% for the quarter that ended in Dec. 2025 => No sustainable competitive advantage
The 5-Year average Growth Rate of Gross Margin for Triocean Industrial Co was 0.00% per year.
Triocean Industrial Co (TPE:1472) 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
Triocean Industrial Co had a gross margin of 11.18% 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.
Triocean Industrial Co Gross Margin % Related Terms
Triocean Industrial Co Gross Margin % Historical Data
* Premium members only.
The historical data trend for Triocean Industrial 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:1472 vs PWR, FIX, EME: Gross Margin % Comparison
For the Engineering & Construction subindustry, Triocean Industrial 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.
Triocean Industrial Co Gross Margin % vs Construction Industry
For the Construction industry and Industrials sector, Triocean Industrial Co's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Triocean Industrial 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.
Triocean Industrial Co (TPE:1472) has a Gross Margin % of 11.18% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Triocean Industrial Co and its competitors. This is 25% above median its historical median of 8.91. According to the industry distribution chart, Triocean Industrial Co ranks #1168 out of 1720 companies in the Construction industry, placing it in the top 67.9%.
Is Triocean Industrial Co's Gross Margin % too high?
Triocean Industrial Co's current Gross Margin % of 11.18% is 25% above median its 10-year median of 8.91. The Construction industry median Gross Margin % is 20.72. Triocean Industrial Co's value of 11.18% is 46% below this industry median. Based on the distribution chart, Triocean Industrial Co ranks #1168 out of 1720 companies in the Construction industry, which is below the industry midpoint. Overall, Triocean Industrial Co has a GF Score™ of 80/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Triocean Industrial Co's Gross Margin % compare to PWR and FIX?
According to the Construction industry distribution chart, Triocean Industrial Co ranks #1168 out of 1720 companies for Gross Margin %. This places Triocean Industrial Co in the lower half of its industry. The industry median Gross Margin % is 20.72. Triocean Industrial Co's value of 11.18% is 46% below this benchmark. While the company's 10-year median is 8.91 vs. the industry median of 20.72, Triocean Industrial 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 Construction company?
The median Gross Margin % among Construction companies is 20.72, based on 1,720 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. Triocean Industrial Co's current Gross Margin % of 11.18% is 46% 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 Triocean Industrial Co and its competitors. For the Construction industry, the median Gross Margin % is 20.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Triocean Industrial Co's current Gross Margin % is 11.18%, which is 25% above median its own 10-year median of 8.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Triocean Industrial Co stock overvalued right now?
Based on GuruFocus' analysis, Triocean Industrial Co (TPE:1472) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$77.96, compared to a current price of NT$88.00 — trading 12.9% above its estimated fair value. The current Gross Margin % is 11.18%, which is 25% above median its 10-year median of 8.91 and 46% below the Construction industry median of 20.72. Triocean Industrial Co's overall GF Score™ is 80/100 with 2 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 Triocean Industrial Co (TPE:1472), the current Gross Margin % is 11.18% 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 Triocean Industrial Co (TPE:1472) Overvalued in 2026?
Based on GuruFocus' analysis, Triocean Industrial Co stock appears to be overvalued.
The current stock price of NT$88.00 is trading 12.9% above its estimated GF Value™ of NT$77.96.
GuruFocus considers Triocean Industrial Co to be Modestly Overvalued.
Key valuation signals for TPE:1472:
Gross Margin %: 11.18% (25% above median its 10-year median of 8.91)
GF Value™: NT$77.96 vs. price of NT$88.00 (12.9% above fair value)
Industry Position: 46% below the Construction median (#1168 of 1720)
No single metric tells the full story. See the TPE:1472 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Triocean Industrial Corp Co Ltd is engaged in the construction business. The company's business includes contracting repair/renovation projects, undertaking construction such as land preparation, infrastructure, installation of construction equipment, and construction, reconstruction, and repair of civil engineering projects. It mainly undertakes private residential projects, and cooperates with its subsidiary, to execute public engineering projects focusing on water and electrical works.
80GF 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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