Qisda (TPE:2352) Gross Margin %: 17.06% (As of Dec. 2025) — 20% Above Median


TPE:2352 Qisda Corp TPE:2352
72 GF Score
Price NT$34.10
GF Value NT$36.84
Valuation Fairly Valued
! 9 Warning Signs
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What is Qisda Gross Margin %?

Qisda TPE:2352 +10.00% 72 Gross Margin % is 17.06% as of Dec. 2025, which is 20% above its 10-year median of 14.20. GuruFocus rates TPE:2352 with a GF Score™ of 72/100 and a GF Value™ of NT$36.84 (Fairly Valued). The stock has 9 warning signs investors should review. Among 2,454 Hardware companies, Qisda ranks worse than 69.11% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Qisda's Gross Profit for the three months ended in Dec. 2025 was NT$8,897 Mil. Qisda's Revenue for the three months ended in Dec. 2025 was NT$52,161 Mil. Therefore, Qisda's Gross Margin % for the quarter that ended in Dec. 2025 was 17.06%.


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

TPE:2352' s Gross Margin % Range Over the Past 10 Years
Min: 11.93   Med: 14.2   Max: 16.85
Current: 16.85


During the past 13 years, the highest Gross Margin % of Qisda was 16.85%. The lowest was 11.93%. And the median was 14.20%.

TPE:2352's Gross Margin % is ranked worse than
69.11% of 2454 companies
in the Hardware industry
Industry Median: 24.565 vs TPE:2352: 16.85

Qisda had a gross margin of 17.06% for the quarter that ended in Dec. 2025 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Qisda was 4.20% per year.


Qisda  (TPE:2352) 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

Qisda had a gross margin of 17.06% 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.


Qisda Gross Margin % Related Terms


Qisda Gross Margin % Historical Data

* Premium members only.

The historical data trend for Qisda'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.

Qisda Gross Margin % Chart

Qisda 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 14.41 14.41 16.25 16.45 16.84

Qisda 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 16.34 17.33 16.14 16.89 17.06

TPE:2352 vs SNDK, DELL, STX: Gross Margin % Comparison

For the Computer Hardware subindustry, Qisda'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.


Qisda Gross Margin % vs Hardware Industry

For the Hardware industry and Technology sector, Qisda's Gross Margin % distribution charts can be found below:

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


TPE:2352
72GF Score
Qisda Corp TPE:2352
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Qisda Gross Margin % Calculation

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

Qisda'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 )
=35020.8 / 207904.502
=(Revenue - Cost of Goods Sold) / Revenue
=(207904.502 - 172883.688) / 207904.502
=16.84 %

Qisda'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 )
=8897 / 52161.24
=(Revenue - Cost of Goods Sold) / Revenue
=(52161.24 - 43264.192) / 52161.24
=17.06 %

* 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 17.06% mean?
Qisda (TPE:2352) has a Gross Margin % of 17.06% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Qisda and its competitors. This is 20% above median its historical median of 14.20. Over the past decade, Qisda's Gross Margin % has ranged from 11.93 to 16.85. According to the industry distribution chart, Qisda ranks #1696 out of 2454 companies in the Hardware industry, placing it in the top 69.1%.
Is Qisda's Gross Margin % too high?
Qisda's current Gross Margin % of 17.06% is 20% above median its 10-year median of 14.20. Over the past 10 years, this metric has ranged from a low of 11.93 to a high of 16.85. The Hardware industry median Gross Margin % is 24.57. Qisda's value of 17.06% is 30.6% below this industry median. Based on the distribution chart, Qisda ranks #1696 out of 2454 companies in the Hardware industry, which is below the industry midpoint. Overall, Qisda has a GF Score™ of 72/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Qisda's Gross Margin % compare to SNDK and DELL?
According to the Hardware industry distribution chart, Qisda ranks #1696 out of 2454 companies for Gross Margin %. This places Qisda in the lower half of its industry. The industry median Gross Margin % is 24.57. Qisda's value of 17.06% is 30.6% below this benchmark. Historically, Qisda's own Gross Margin % has ranged from 11.93 to 16.85 over the past decade. While the company's 10-year median is 14.20 vs. the industry median of 24.57, Qisda 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 Hardware company?
The median Gross Margin % among Hardware companies is 24.57, based on 2,454 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. Qisda's current Gross Margin % of 17.06% is 30.6% 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 Qisda and its competitors. For the Hardware industry, the median Gross Margin % is 24.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Qisda's current Gross Margin % is 17.06%, which is 20% above median its own 10-year median of 14.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Qisda stock overvalued right now?
Based on GuruFocus' analysis, Qisda (TPE:2352) is currently considered Fairly Valued. The stock's GF Value™ is NT$36.84, compared to a current price of NT$34.10 — trading 7.4% below its estimated fair value. The current Gross Margin % is 17.06%, which is 20% above median its 10-year median of 14.20 and 30.6% below the Hardware industry median of 24.57. Qisda's overall GF Score™ is 72/100 with 9 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 Qisda (TPE:2352), the current Gross Margin % is 17.06% 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 Qisda (TPE:2352) Overvalued in 2026?

Based on GuruFocus' analysis, Qisda stock appears to be undervalued. The current stock price of NT$34.10 is trading 7.4% below its estimated GF Value™ of NT$36.84. GuruFocus considers Qisda to be Fairly Valued.

Key valuation signals for TPE:2352:

  • Gross Margin %: 17.06% (20% above median its 10-year median of 14.20)
  • GF Value™: NT$36.84 vs. price of NT$34.10 (7.4% below fair value)
  • GF Score™: 72/100 with 9 warning signs
  • Industry Position: 30.6% below the Hardware median (#1696 of 2454)

No single metric tells the full story. See the TPE:2352 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Qisda Business Description

Address No. 157, Shan-Ying Road, Gueishan District, Taoyuan, Taoyuan, TWN, 333
Qisda Corp is engaged in the manufacturing, sales, and services of high-end monitors and opto-mechatronics products. The company's segments include DMS engaging in the design, research, manufacturing, and sale of electronic products; Brand engaging in the design, research, marketing and sale of brand-name products; Material engaging in the research, manufacturing, and sale of optoelectronics film; Medical offering medical services; Networks engaging in the design, research, manufacturing, and sale of broadband products, wireless network products and computer network system equipment. The majority of the revenue is derived from the DMS segment. Geographically, its operations are spread across Asia, Europe, the Americas, and Others.
72GF Score

Get the complete analysis for TPE:2352

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

NT$34.10
Price
NT$36.84
GF Value