Triocean Industrial Co (TPE:1472) Gross Margin %: 14.04% (As of Jun. 2026) — 58% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TPE:1472 Triocean Industrial Corp Co Ltd TPE:1472
79 GF Score
Price NT$87.60
GF Value NT$91.05
Valuation Fairly Valued
! 5 Warning Signs
View Full Analysis

What is Triocean Industrial Co Gross Margin %?

Triocean Industrial Co TPE:1472 +0.11% 79 Gross Margin % is 14.04% as of Jun. 2026, which is 58% above its 10-year median of 8.91. GuruFocus rates TPE:1472 with a GF Score™ of 79/100 and a GF Value™ of NT$91.05 (Fairly Valued). The stock has 5 warning signs investors should review. Among 1,729 Construction companies, Triocean Industrial Co ranks worse than 69.64% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Triocean Industrial Co's Gross Profit for the three months ended in Jun. 2026 was NT$140 Mil. Triocean Industrial Co's Revenue for the three months ended in Jun. 2026 was NT$996 Mil. Therefore, Triocean Industrial Co's Gross Margin % for the quarter that ended in Jun. 2026 was 14.04%.


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

TPE:1472' s Gross Margin % Range Over the Past 10 Years
Min: -31.92   Med: 8.91   Max: 20.8
Current: 13.45


During the past 13 years, the highest Gross Margin % of Triocean Industrial Co was 20.80%. The lowest was -31.92%. And the median was 8.91%.

TPE:1472's Gross Margin % is ranked worse than
69.64% of 1729 companies
in the Construction industry
Industry Median: 20.69 vs TPE:1472: 13.45

Triocean Industrial Co had a gross margin of 14.04% for the quarter that ended in Jun. 2026 => 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 14.04% for the quarter that ended in Jun. 2026 => 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.

Triocean Industrial Co Gross Margin % Chart

Triocean Industrial 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 20.80 9.25 12.98 12.30 14.09

Triocean Industrial Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 15.49 13.85 11.18 14.67 14.04

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.


TPE:1472
79GF Score
Triocean Industrial Corp Co Ltd TPE:1472
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Triocean Industrial Co Gross Margin % Calculation

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

Triocean Industrial 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 )
=513.5 / 3643.138
=(Revenue - Cost of Goods Sold) / Revenue
=(3643.138 - 3129.652) / 3643.138
=14.09 %

Triocean Industrial Co's Gross Margin for the quarter that ended in Jun. 2026 is calculated as


Gross Margin % (Q: Jun. 2026 )=Gross Profit (Q: Jun. 2026 ) / Revenue (Q: Jun. 2026 )
=139.8 / 996.321
=(Revenue - Cost of Goods Sold) / Revenue
=(996.321 - 856.481) / 996.321
=14.04 %

* 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 14.04% mean?
Triocean Industrial Co (TPE:1472) has a Gross Margin % of 14.04% as of Jun. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Triocean Industrial Co and its competitors. This is 58% above median its historical median of 8.91. According to the industry distribution chart, Triocean Industrial Co ranks #1204 out of 1729 companies in the Construction industry, placing it in the top 69.6%.
Is Triocean Industrial Co's Gross Margin % too high?
Triocean Industrial Co's current Gross Margin % of 14.04% is 58% above median its 10-year median of 8.91. The Construction industry median Gross Margin % is 20.69. Triocean Industrial Co's value of 14.04% is 32.1% below this industry median. Based on the distribution chart, Triocean Industrial Co ranks #1204 out of 1729 companies in the Construction industry, which is below the industry midpoint. Overall, Triocean Industrial Co has a GF Score™ of 79/100 and is considered Fairly Valued, 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 #1204 out of 1729 companies for Gross Margin %. This places Triocean Industrial Co in the lower half of its industry. The industry median Gross Margin % is 20.69. Triocean Industrial Co's value of 14.04% is 32.1% below this benchmark. While the company's 10-year median is 8.91 vs. the industry median of 20.69, 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 20.69, based on 1,729 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 14.04% is 32.1% 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 20.69 — 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 14.04%, which is 58% 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 Fairly Valued. The stock's GF Value™ is NT$91.05, compared to a current price of NT$87.60 — trading 3.8% below its estimated fair value. The current Gross Margin % is 14.04%, which is 58% above median its 10-year median of 8.91 and 32.1% below the Construction industry median of 20.69. Triocean Industrial Co's overall GF Score™ is 79/100 with 5 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 14.04% as of Jun. 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 Triocean Industrial Co (TPE:1472) Overvalued in 2026?

Based on GuruFocus' analysis, Triocean Industrial Co stock appears to be undervalued. The current stock price of NT$87.60 is trading 3.8% below its estimated GF Value™ of NT$91.05. GuruFocus considers Triocean Industrial Co to be Fairly Valued.

Key valuation signals for TPE:1472:

  • Gross Margin %: 14.04% (58% above median its 10-year median of 8.91)
  • GF Value™: NT$91.05 vs. price of NT$87.60 (3.8% below fair value)
  • GF Score™: 79/100 with 5 warning signs
  • Industry Position: 32.1% below the Construction median (#1204 of 1729)

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 Co Business Description

Address No. 360, Jiabao Road, 3rd Floor, Dashe District, Kaohsiung, TWN, 815006
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.
79GF Score

Get the complete analysis for TPE:1472

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

NT$87.60
Price
NT$91.05
GF Value