Evergreen Steel (TPE:2211) Gross Margin %: 25.25% (As of Dec. 2025) — 14% Above Median


TPE:2211 Evergreen Steel Corp TPE:2211
95 GF Score
Price NT$95.10
GF Value NT$104.74
Valuation Fairly Valued
! 2 Warning Signs
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What is Evergreen Steel Gross Margin %?

Evergreen Steel TPE:2211 95 Gross Margin % is 25.25% as of Dec. 2025, which is 14% above its 10-year median of 22.19. GuruFocus rates TPE:2211 with a GF Score™ of 95/100 and a GF Value™ of NT$104.74 (Fairly Valued). The stock has 2 warning signs investors should review. Among 592 Steel companies, Evergreen Steel ranks better than 80.74% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Evergreen Steel's Gross Profit for the three months ended in Dec. 2025 was NT$962 Mil. Evergreen Steel's Revenue for the three months ended in Dec. 2025 was NT$3,812 Mil. Therefore, Evergreen Steel's Gross Margin % for the quarter that ended in Dec. 2025 was 25.25%.


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

TPE:2211' s Gross Margin % Range Over the Past 10 Years
Min: 16.52   Med: 22.19   Max: 35.13
Current: 27.53


During the past 10 years, the highest Gross Margin % of Evergreen Steel was 35.13%. The lowest was 16.52%. And the median was 22.19%.

TPE:2211's Gross Margin % is ranked better than
80.74% of 592 companies
in the Steel industry
Industry Median: 12.55 vs TPE:2211: 27.53

Evergreen Steel had a gross margin of 25.25% for the quarter that ended in Dec. 2025 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Evergreen Steel was 8.50% per year.


Evergreen Steel  (TPE:2211) 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

Evergreen Steel had a gross margin of 25.25% for the quarter that ended in Dec. 2025 => 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.


Evergreen Steel Gross Margin % Related Terms


Evergreen Steel Gross Margin % Historical Data

* Premium members only.

The historical data trend for Evergreen Steel'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.

Evergreen Steel Gross Margin % Chart

Evergreen Steel 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 17.31 25.81 35.13 26.89 27.67

Evergreen Steel Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 24.90 25.58 31.06 28.40 25.25

TPE:2211 vs NUE, STLD, RS: Gross Margin % Comparison

For the Steel subindustry, Evergreen Steel'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.


Evergreen Steel Gross Margin % vs Steel Industry

For the Steel industry and Basic Materials sector, Evergreen Steel's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Evergreen Steel's Gross Margin % falls into.


TPE:2211
95GF Score
Evergreen Steel Corp TPE:2211
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Evergreen Steel Gross Margin % Calculation

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

Evergreen Steel'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 )
=4239 / 15321.268
=(Revenue - Cost of Goods Sold) / Revenue
=(15321.268 - 11082.228) / 15321.268
=27.67 %

Evergreen Steel's Gross Margin for the quarter that ended in Dec. 2025 is calculated as


Gross Margin % (Q: Dec. 2025 )=Gross Profit (Q: Dec. 2025 ) / Revenue (Q: Dec. 2025 )
=962.3 / 3811.561
=(Revenue - Cost of Goods Sold) / Revenue
=(3811.561 - 2849.239) / 3811.561
=25.25 %

* 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 25.25% mean?
Evergreen Steel (TPE:2211) has a Gross Margin % of 25.25% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Evergreen Steel and its competitors. This is 14% above median its historical median of 22.19. Over the past decade, Evergreen Steel's Gross Margin % has ranged from 16.52 to 35.13. According to the industry distribution chart, Evergreen Steel ranks #114 out of 592 companies in the Steel industry, placing it in the top 19.3%.
Is Evergreen Steel's Gross Margin % too high?
Evergreen Steel's current Gross Margin % of 25.25% is 14% above median its 10-year median of 22.19. Over the past 10 years, this metric has ranged from a low of 16.52 to a high of 35.13. The Steel industry median Gross Margin % is 12.55. Evergreen Steel's value of 25.25% is 101.2% above this industry median. Based on the distribution chart, Evergreen Steel ranks #114 out of 592 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Evergreen Steel has a GF Score™ of 95/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Evergreen Steel's Gross Margin % compare to NUE and STLD?
According to the Steel industry distribution chart, Evergreen Steel ranks #114 out of 592 companies for Gross Margin %. This places Evergreen Steel in the top 19% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 12.55. Evergreen Steel's value of 25.25% is 101.2% above this benchmark. Historically, Evergreen Steel's own Gross Margin % has ranged from 16.52 to 35.13 over the past decade. While the company's 10-year median is 22.19 vs. the industry median of 12.55, Evergreen Steel 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 Steel company?
The median Gross Margin % among Steel companies is 12.55, based on 592 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. Evergreen Steel's current Gross Margin % of 25.25% is 101.2% 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 Evergreen Steel and its competitors. For the Steel industry, the median Gross Margin % is 12.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Evergreen Steel's current Gross Margin % is 25.25%, which is 14% above median its own 10-year median of 22.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Evergreen Steel stock overvalued right now?
Based on GuruFocus' analysis, Evergreen Steel (TPE:2211) is currently considered Fairly Valued. The stock's GF Value™ is NT$104.74, compared to a current price of NT$95.10 — trading 9.2% below its estimated fair value. The current Gross Margin % is 25.25%, which is 14% above median its 10-year median of 22.19 and 101.2% above the Steel industry median of 12.55. Evergreen Steel's overall GF Score™ is 95/100 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 Evergreen Steel (TPE:2211), the current Gross Margin % is 25.25% 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 Evergreen Steel (TPE:2211) Overvalued in 2026?

Based on GuruFocus' analysis, Evergreen Steel stock appears to be undervalued. The current stock price of NT$95.10 is trading 9.2% below its estimated GF Value™ of NT$104.74. GuruFocus considers Evergreen Steel to be Fairly Valued.

Key valuation signals for TPE:2211:

  • Gross Margin %: 25.25% (14% above median its 10-year median of 22.19)
  • GF Value™: NT$104.74 vs. price of NT$95.10 (9.2% below fair value)
  • GF Score™: 95/100 with 2 warning signs
  • Industry Position: 101.2% above the Steel median (#114 of 592)

No single metric tells the full story. See the TPE:2211 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Evergreen Steel Business Description

Address Chang\'an East Road, 11th Floor, No. 100, Section 2, Zhongshan District, Taipei, TWN, 10491
Evergreen Steel Corp is engaged in steel structure engineering and related construction services. Its operations include the design, manufacture, and installation of steel structures for high-rise buildings, factories, bridges, and other special construction projects. The company also provides container inspection, maintenance, and repair services for shipping companies.
95GF Score

Get the complete analysis for TPE:2211

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

NT$95.10
Price
NT$104.74
GF Value