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Everspring Industry CoTPE:2390 -3.29%73 Gross Margin % is 19.09% as of Dec. 2025, which is 4% above its 10-year median of 18.39. GuruFocus rates TPE:2390 with a GF Score™ of 73/100 and a GF Value™ of NT$14.25 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,008 Business Services companies, Everspring Industry Co ranks worse than 75% on this metric.
TPE:2390's Gross Margin % is ranked worse than 75% of 1008
companies
in the Business Services industry
Industry Median: 34.515
vs TPE:2390: 21.09
Everspring Industry Co had a gross margin of 19.09% for the quarter that ended in Dec. 2025 => No sustainable competitive advantage
The 5-Year average Growth Rate of Gross Margin for Everspring Industry Co was 5.90% per year.
Everspring Industry Co (TPE:2390) 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
Everspring Industry Co had a gross margin of 19.09% 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.
Everspring Industry Co Gross Margin % Related Terms
Everspring Industry Co Gross Margin % Historical Data
* Premium members only.
The historical data trend for Everspring Industry 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:2390 vs ALLE, MSA, ADT: Gross Margin % Comparison
For the Security & Protection Services subindustry, Everspring Industry 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.
Everspring Industry Co Gross Margin % vs Business Services Industry
For the Business Services industry and Industrials sector, Everspring Industry Co's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Everspring Industry 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.
Everspring Industry Co (TPE:2390) has a Gross Margin % of 19.09% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Everspring Industry Co and its competitors. This is near median its historical median of 18.39. Over the past decade, Everspring Industry Co's Gross Margin % has ranged from 12.94 to 25.12. According to the industry distribution chart, Everspring Industry Co ranks #756 out of 1008 companies in the Business Services industry, placing it in the top 75%.
Is Everspring Industry Co's Gross Margin % too high?
Everspring Industry Co's current Gross Margin % of 19.09% is near median its 10-year median of 18.39. Over the past 10 years, this metric has ranged from a low of 12.94 to a high of 25.12. The Business Services industry median Gross Margin % is 34.52. Everspring Industry Co's value of 19.09% is 44.7% below this industry median. Based on the distribution chart, Everspring Industry Co ranks #756 out of 1008 companies in the Business Services industry, which is below the industry midpoint. Overall, Everspring Industry Co has a GF Score™ of 73/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Everspring Industry Co's Gross Margin % compare to ALLE and MSA?
According to the Business Services industry distribution chart, Everspring Industry Co ranks #756 out of 1008 companies for Gross Margin %. This places Everspring Industry Co in the lower half of its industry. The industry median Gross Margin % is 34.52. Everspring Industry Co's value of 19.09% is 44.7% below this benchmark. Historically, Everspring Industry Co's own Gross Margin % has ranged from 12.94 to 25.12 over the past decade. While the company's 10-year median is 18.39 vs. the industry median of 34.52, Everspring Industry 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 Business Services company?
The median Gross Margin % among Business Services companies is 34.52, based on 1,008 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. Everspring Industry Co's current Gross Margin % of 19.09% is 44.7% 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 Everspring Industry Co and its competitors. For the Business Services industry, the median Gross Margin % is 34.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Everspring Industry Co's current Gross Margin % is 19.09%, which is near median its own 10-year median of 18.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Everspring Industry Co stock overvalued right now?
Based on GuruFocus' analysis, Everspring Industry Co (TPE:2390) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$14.25, compared to a current price of NT$11.75 — trading 17.5% below its estimated fair value. The current Gross Margin % is 19.09%, which is near median its 10-year median of 18.39 and 44.7% below the Business Services industry median of 34.52. Everspring Industry Co's overall GF Score™ is 73/100 with 4 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 Everspring Industry Co (TPE:2390), the current Gross Margin % is 19.09% 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 Everspring Industry Co (TPE:2390) Overvalued in 2026?
Based on GuruFocus' analysis, Everspring Industry Co stock appears to be undervalued.
The current stock price of NT$11.75 is trading 17.5% below its estimated GF Value™ of NT$14.25.
GuruFocus considers Everspring Industry Co to be Modestly Undervalued.
Key valuation signals for TPE:2390:
Gross Margin %: 19.09% (near median its 10-year median of 18.39)
GF Value™: NT$14.25 vs. price of NT$11.75 (17.5% below fair value)
Industry Position: 44.7% below the Business Services median (#756 of 1008)
No single metric tells the full story. See the TPE:2390 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Everspring Industry Co Ltd is a Taiwan-based company engaged in the production, manufacturing, reprocessing and trading of burglar alarm and other electronic products and parts. The company offers home and building solutions that cover products such as control panel, alarm system, automation, system, and other related products. Its reportable segments are Intelligent security control and the Security service segment. Geographically, the company derives its key revenue from Taiwan and the rest from China, and other regions.
73GF Score
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