Ichia TechnologiesTPE:2402 +0.31%76 Gross Margin % is 19.80% as of Dec. 2025, which is 46% above its 10-year median of 13.58. GuruFocus rates TPE:2402 with a GF Score™ of 76/100 and a GF Value™ of NT$41.53 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 2,454 Hardware companies, Ichia Technologies ranks worse than 63% on this metric.
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
Ichia Technologies had a gross margin of 19.80% 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.
Ichia Technologies Gross Margin % Related Terms
Ichia Technologies Gross Margin % Historical Data
* Premium members only.
The historical data trend for Ichia Technologies'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.
For the Electronic Components subindustry, Ichia Technologies'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.
Ichia Technologies Gross Margin % vs Hardware Industry
For the Hardware industry and Technology sector, Ichia Technologies's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Ichia Technologies'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.
Ichia Technologies (TPE:2402) has a Gross Margin % of 19.80% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Ichia Technologies and its competitors. This is 46% above median its historical median of 13.58. Over the past decade, Ichia Technologies' Gross Margin % has ranged from 1.77 to 19.07. According to the industry distribution chart, Ichia Technologies ranks #1546 out of 2454 companies in the Hardware industry, placing it in the top 63%.
Is Ichia Technologies' Gross Margin % too high?
Ichia Technologies' current Gross Margin % of 19.80% is 46% above median its 10-year median of 13.58. Over the past 10 years, this metric has ranged from a low of 1.77 to a high of 19.07. The Hardware industry median Gross Margin % is 24.57. Ichia Technologies' value of 19.80% is 19.4% below this industry median. Based on the distribution chart, Ichia Technologies ranks #1546 out of 2454 companies in the Hardware industry, which is below the industry midpoint. Overall, Ichia Technologies has a GF Score™ of 76/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ichia Technologies' Gross Margin % compare to APH and GLW?
According to the Hardware industry distribution chart, Ichia Technologies ranks #1546 out of 2454 companies for Gross Margin %. This places Ichia Technologies in the lower half of its industry. The industry median Gross Margin % is 24.57. Ichia Technologies' value of 19.80% is 19.4% below this benchmark. Historically, Ichia Technologies' own Gross Margin % has ranged from 1.77 to 19.07 over the past decade. While the company's 10-year median is 13.58 vs. the industry median of 24.57, Ichia Technologies 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. Ichia Technologies's current Gross Margin % of 19.80% is 19.4% 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 Ichia Technologies 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. Ichia Technologies's current Gross Margin % is 19.80%, which is 46% above median its own 10-year median of 13.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ichia Technologies stock overvalued right now?
Based on GuruFocus' analysis, Ichia Technologies (TPE:2402) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$41.53, compared to a current price of NT$64.30 — trading 54.8% above its estimated fair value. The current Gross Margin % is 19.80%, which is 46% above median its 10-year median of 13.58 and 19.4% below the Hardware industry median of 24.57. Ichia Technologies' overall GF Score™ is 76/100 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 Ichia Technologies (TPE:2402), the current Gross Margin % is 19.80% 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 Ichia Technologies (TPE:2402) Overvalued in 2026?
Based on GuruFocus' analysis, Ichia Technologies stock appears to be overvalued.
The current stock price of NT$64.30 is trading 54.8% above its estimated GF Value™ of NT$41.53.
GuruFocus considers Ichia Technologies to be Significantly Overvalued.
Key valuation signals for TPE:2402:
Gross Margin %: 19.80% (46% above median its 10-year median of 13.58)
GF Value™: NT$41.53 vs. price of NT$64.30 (54.8% above fair value)
Industry Position: 19.4% below the Hardware median (#1546 of 2454)
No single metric tells the full story. See the TPE:2402 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ichia Technologies Inc manufactures, processes, and trades various components (conductive silicone elastomers, plastic keys, keyboard assemblies, input devices, and flexible printed circuit boards) and materials for electronics, home appliances, electronical engineering, electrical equipment, communications (telecommunications),and computers, as well as to import and export domestic and foreign products and to engage in the agency, distribution, tender and quotation business. Its products and services include Flexible Printed Circuit, Printed Circuit Board, SLP (Substrate-like PCB), Switch Modules, Integrated Modules, Optical & Display Design, Decorative Technologies, Smart Surface Interfaces, Robotics & Automation, Wearables, Air Cooling, and Liquid Cooling.
76GF Score
Get the complete analysis for TPE:2402
Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TPE:2402 has been successfully added to your 
