Advantech Co (TPE:2395) Gross Margin %: 39.15% (As of Mar. 2026) — Near Median


TPE:2395 Advantech Co Ltd TPE:2395
86 GF Score
Price NT$521.00
GF Value NT$418.59
Valuation Modestly Overvalued
! 7 Warning Signs
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What is Advantech Co Gross Margin %?

Advantech Co TPE:2395 +2.16% 86 Gross Margin % is 39.15% as of Mar. 2026, which is 1% below its 10-year median of 39.48. GuruFocus rates TPE:2395 with a GF Score™ of 86/100 and a GF Value™ of NT$418.59 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 2,453 Hardware companies, Advantech Co ranks better than 75.66% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Advantech Co's Gross Profit for the three months ended in Mar. 2026 was NT$7,980 Mil. Advantech Co's Revenue for the three months ended in Mar. 2026 was NT$20,385 Mil. Therefore, Advantech Co's Gross Margin % for the quarter that ended in Mar. 2026 was 39.15%.


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

TPE:2395' s Gross Margin % Range Over the Past 10 Years
Min: 37.75   Med: 39.48   Max: 40.77
Current: 39.44


During the past 13 years, the highest Gross Margin % of Advantech Co was 40.77%. The lowest was 37.75%. And the median was 39.48%.

TPE:2395's Gross Margin % is ranked better than
75.66% of 2453 companies
in the Hardware industry
Industry Median: 24.52 vs TPE:2395: 39.44

Advantech Co had a gross margin of 39.15% for the quarter that ended in Mar. 2026 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Advantech Co was 0.80% per year.


Advantech Co  (TPE:2395) 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

Advantech Co had a gross margin of 39.15% for the quarter that ended in Mar. 2026 => 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.


Advantech Co Gross Margin % Related Terms


Advantech Co Gross Margin % Historical Data

* Premium members only.

The historical data trend for Advantech 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.

Advantech Co Gross Margin % Chart

Advantech 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 37.75 37.99 40.52 40.77 39.78

Advantech Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 40.50 39.99 38.87 39.78 39.15

TPE:2395 vs SNDK, DELL, STX: Gross Margin % Comparison

For the Computer Hardware subindustry, Advantech 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.


Advantech Co Gross Margin % vs Hardware Industry

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

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


TPE:2395
86GF Score
Advantech Co Ltd TPE:2395
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Advantech Co Gross Margin % Calculation

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

Advantech 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 )
=28197.6 / 70882.362
=(Revenue - Cost of Goods Sold) / Revenue
=(70882.362 - 42684.758) / 70882.362
=39.78 %

Advantech Co's Gross Margin for the quarter that ended in Mar. 2026 is calculated as


Gross Margin % (Q: Mar. 2026 )=Gross Profit (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=7979.8 / 20385.264
=(Revenue - Cost of Goods Sold) / Revenue
=(20385.264 - 12405.441) / 20385.264
=39.15 %

* 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 39.15% mean?
Advantech Co (TPE:2395) has a Gross Margin % of 39.15% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Advantech Co and its competitors. This is near median its historical median of 39.48. Over the past decade, Advantech Co's Gross Margin % has ranged from 37.75 to 40.77. According to the industry distribution chart, Advantech Co ranks #597 out of 2453 companies in the Hardware industry, placing it in the top 24.3%.
Is Advantech Co's Gross Margin % too high?
Advantech Co's current Gross Margin % of 39.15% is near median its 10-year median of 39.48. Over the past 10 years, this metric has ranged from a low of 37.75 to a high of 40.77. The Hardware industry median Gross Margin % is 24.52. Advantech Co's value of 39.15% is 59.7% above this industry median. Based on the distribution chart, Advantech Co ranks #597 out of 2453 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Advantech Co has a GF Score™ of 86/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Advantech Co's Gross Margin % compare to SNDK and DELL?
According to the Hardware industry distribution chart, Advantech Co ranks #597 out of 2453 companies for Gross Margin %. This places Advantech Co in the top 24% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 24.52. Advantech Co's value of 39.15% is 59.7% above this benchmark. Historically, Advantech Co's own Gross Margin % has ranged from 37.75 to 40.77 over the past decade. While the company's 10-year median is 39.48 vs. the industry median of 24.52, Advantech Co 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 Hardware company?
The median Gross Margin % among Hardware companies is 24.52, based on 2,453 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. Advantech Co's current Gross Margin % of 39.15% is 59.7% 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 Advantech Co and its competitors. For the Hardware industry, the median Gross Margin % is 24.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Advantech Co's current Gross Margin % is 39.15%, which is near median its own 10-year median of 39.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Advantech Co stock overvalued right now?
Based on GuruFocus' analysis, Advantech Co (TPE:2395) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$418.59, compared to a current price of NT$521.00 — trading 24.5% above its estimated fair value. The current Gross Margin % is 39.15%, which is near median its 10-year median of 39.48 and 59.7% above the Hardware industry median of 24.52. Advantech Co's overall GF Score™ is 86/100 with 7 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 Advantech Co (TPE:2395), the current Gross Margin % is 39.15% as of Mar. 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 Advantech Co (TPE:2395) Overvalued in 2026?

Based on GuruFocus' analysis, Advantech Co stock appears to be overvalued. The current stock price of NT$521.00 is trading 24.5% above its estimated GF Value™ of NT$418.59. GuruFocus considers Advantech Co to be Modestly Overvalued.

Key valuation signals for TPE:2395:

  • Gross Margin %: 39.15% (near median its 10-year median of 39.48)
  • GF Value™: NT$418.59 vs. price of NT$521.00 (24.5% above fair value)
  • GF Score™: 86/100 with 7 warning signs
  • Industry Position: 59.7% above the Hardware median (#597 of 2453)

No single metric tells the full story. See the TPE:2395 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Advantech Co Business Description

Address No. 1, Alley 20, Lane 26, Rueiguang Road, Neihu District, Taipei, TWN, 114
Advantech is the world's largest supplier of industrial personal computers and a leading provider of embedded boards. The company serves a wide spectrum of downstream sectors, including manufacturing, retail, healthcare, transportation, and energy and environment. Headquartered in Taiwan, Advantech operates manufacturing facilities across Taiwan, mainland China, and Japan, with its US factory expected to start operating in 2026.
86GF Score

Get the complete analysis for TPE:2395

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

NT$521.00
Price
NT$418.59
GF Value