Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Mercuries Data SystemsTPE:2427 +0.59%87 Gross Margin % is 16.95% as of Dec. 2025, which is 44% below its 10-year median of 30.01. GuruFocus rates TPE:2427 with a GF Score™ of 87/100 and a GF Value™ of NT$36.56 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 2,998 Industrial Products companies, Mercuries Data Systems ranks worse than 57.37% on this metric.
TPE:2427's Gross Margin % is ranked worse than 57.37% of 2998
companies
in the Industrial Products industry
Industry Median: 26.84
vs TPE:2427: 23.95
Mercuries Data Systems had a gross margin of 16.95% for the quarter that ended in Dec. 2025 => No sustainable competitive advantage
The 5-Year average Growth Rate of Gross Margin for Mercuries Data Systems was -4.40% per year.
Mercuries Data Systems (TPE:2427) 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
Mercuries Data Systems had a gross margin of 16.95% 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.
Mercuries Data Systems Gross Margin % Related Terms
Mercuries Data Systems Gross Margin % Historical Data
* Premium members only.
The historical data trend for Mercuries Data Systems'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.
Mercuries Data Systems Gross Margin % Competitor Comparison
For the Business Equipment & Supplies subindustry, Mercuries Data Systems'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.
Mercuries Data Systems Gross Margin % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Mercuries Data Systems's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Mercuries Data Systems'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.
Mercuries Data Systems (TPE:2427) has a Gross Margin % of 16.95% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Mercuries Data Systems and its competitors. This is 44% below median its historical median of 30.01. Over the past decade, Mercuries Data Systems' Gross Margin % has ranged from 23.95 to 35.25. According to the industry distribution chart, Mercuries Data Systems ranks #1720 out of 2998 companies in the Industrial Products industry, placing it in the top 57.4%.
Is Mercuries Data Systems' Gross Margin % too high?
Mercuries Data Systems' current Gross Margin % of 16.95% is 44% below median its 10-year median of 30.01. Over the past 10 years, this metric has ranged from a low of 23.95 to a high of 35.25. The Industrial Products industry median Gross Margin % is 26.84. Mercuries Data Systems' value of 16.95% is 36.8% below this industry median. Based on the distribution chart, Mercuries Data Systems ranks #1720 out of 2998 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Mercuries Data Systems has a GF Score™ of 87/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Mercuries Data Systems' Gross Margin % compare to competitors?
According to the Industrial Products industry distribution chart, Mercuries Data Systems ranks #1720 out of 2998 companies for Gross Margin %. This places Mercuries Data Systems in the lower half of its industry. The industry median Gross Margin % is 26.84. Mercuries Data Systems' value of 16.95% is 36.8% below this benchmark. Historically, Mercuries Data Systems' own Gross Margin % has ranged from 23.95 to 35.25 over the past decade. While the company's 10-year median is 30.01 vs. the industry median of 26.84, Mercuries Data Systems 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 an Industrial Products company?
The median Gross Margin % among Industrial Products companies is 26.84, based on 2,998 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. Mercuries Data Systems's current Gross Margin % of 16.95% is 36.8% 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 Mercuries Data Systems and its competitors. For the Industrial Products industry, the median Gross Margin % is 26.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mercuries Data Systems's current Gross Margin % is 16.95%, which is 44% below median its own 10-year median of 30.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mercuries Data Systems stock overvalued right now?
Based on GuruFocus' analysis, Mercuries Data Systems (TPE:2427) is currently considered Significantly Undervalued. The stock's GF Value™ is NT$36.56, compared to a current price of NT$25.40 — trading 30.5% below its estimated fair value. The current Gross Margin % is 16.95%, which is 44% below median its 10-year median of 30.01 and 36.8% below the Industrial Products industry median of 26.84. Mercuries Data Systems' overall GF Score™ is 87/100 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 Mercuries Data Systems (TPE:2427), the current Gross Margin % is 16.95% 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 Mercuries Data Systems (TPE:2427) Overvalued in 2026?
Based on GuruFocus' analysis, Mercuries Data Systems stock appears to be undervalued.
The current stock price of NT$25.40 is trading 30.5% below its estimated GF Value™ of NT$36.56.
GuruFocus considers Mercuries Data Systems to be Significantly Undervalued.
Key valuation signals for TPE:2427:
Gross Margin %: 16.95% (44% below median its 10-year median of 30.01)
GF Value™: NT$36.56 vs. price of NT$25.40 (30.5% below fair value)
Industry Position: 36.8% below the Industrial Products median (#1720 of 2998)
No single metric tells the full story. See the TPE:2427 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mercuries Data Systems Ltd is an automated banking and self-service solution provider in Taiwan. It is engaged in sales, leasing, and maintenance of intelligent automation machines in the financial service, as well as planning, development, construction, and maintenance of software and hardware to accommodate the integrated system. The company offers a wide range of automated teller machines (ATMs) and self-service solutions for the banking industry, from passbook entry machines and related equipment to ATMs. The segments of the company are classified as: System integration, which derives key revenue, and the Financial Services segment.
87GF Score
Get the complete analysis for TPE:2427
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:2427 has been successfully added to your 
