Senao International CoTPE:2450 -0.17%81 Gross Margin % is 9.79% as of Dec. 2025, which is 13% below its 10-year median of 11.23. GuruFocus rates TPE:2450 with a GF Score™ of 81/100 and a GF Value™ of NT$37.27 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 2,453 Hardware companies, Senao International Co ranks worse than 83.45% on this metric.
TPE:2450's Gross Margin % is ranked worse than 83.45% of 2453
companies
in the Hardware industry
Industry Median: 24.52
vs TPE:2450: 10.46
Senao International Co had a gross margin of 9.79% for the quarter that ended in Dec. 2025 => No sustainable competitive advantage
The 5-Year average Growth Rate of Gross Margin for Senao International Co was -1.50% per year.
Senao International Co (TPE:2450) 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
Senao International Co had a gross margin of 9.79% 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.
Senao International Co Gross Margin % Related Terms
Senao International Co Gross Margin % Historical Data
* Premium members only.
The historical data trend for Senao International 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:2450 vs SNX, ARW, AVT: Gross Margin % Comparison
For the Electronics & Computer Distribution subindustry, Senao International 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.
Senao International Co Gross Margin % vs Hardware Industry
For the Hardware industry and Technology sector, Senao International Co's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Senao International 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.
Senao International Co (TPE:2450) has a Gross Margin % of 9.79% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Senao International Co and its competitors. This is 13% below median its historical median of 11.23. Over the past decade, Senao International Co's Gross Margin % has ranged from 10.46 to 13.38. According to the industry distribution chart, Senao International Co ranks #2047 out of 2453 companies in the Hardware industry, placing it in the top 83.4%.
Is Senao International Co's Gross Margin % too high?
Senao International Co's current Gross Margin % of 9.79% is 13% below median its 10-year median of 11.23. Over the past 10 years, this metric has ranged from a low of 10.46 to a high of 13.38. The Hardware industry median Gross Margin % is 24.52. Senao International Co's value of 9.79% is 60.1% below this industry median. Based on the distribution chart, Senao International Co ranks #2047 out of 2453 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Senao International Co has a GF Score™ of 81/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Senao International Co's Gross Margin % compare to SNX and ARW?
According to the Hardware industry distribution chart, Senao International Co ranks #2047 out of 2453 companies for Gross Margin %. This places Senao International Co in the lower half of its industry. The industry median Gross Margin % is 24.52. Senao International Co's value of 9.79% is 60.1% below this benchmark. Historically, Senao International Co's own Gross Margin % has ranged from 10.46 to 13.38 over the past decade. While the company's 10-year median is 11.23 vs. the industry median of 24.52, Senao International 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 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. Senao International Co's current Gross Margin % of 9.79% is 60.1% 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 Senao International 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. Senao International Co's current Gross Margin % is 9.79%, which is 13% below median its own 10-year median of 11.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Senao International Co stock overvalued right now?
Based on GuruFocus' analysis, Senao International Co (TPE:2450) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$37.27, compared to a current price of NT$28.80 — trading 22.7% below its estimated fair value. The current Gross Margin % is 9.79%, which is 13% below median its 10-year median of 11.23 and 60.1% below the Hardware industry median of 24.52. Senao International Co's overall GF Score™ is 81/100 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 Senao International Co (TPE:2450), the current Gross Margin % is 9.79% 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 Senao International Co (TPE:2450) Overvalued in 2026?
Based on GuruFocus' analysis, Senao International Co stock appears to be undervalued.
The current stock price of NT$28.80 is trading 22.7% below its estimated GF Value™ of NT$37.27.
GuruFocus considers Senao International Co to be Modestly Undervalued.
Key valuation signals for TPE:2450:
Gross Margin %: 9.79% (13% below median its 10-year median of 11.23)
GF Value™: NT$37.27 vs. price of NT$28.80 (22.7% below fair value)
Industry Position: 60.1% below the Hardware median (#2047 of 2453)
No single metric tells the full story. See the TPE:2450 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Senao International Co Ltd is a company mainly engaged in the agent distribution and sale of mobile phones, tablets, related accessories, and other digital communication products. The company also provides related maintenance services. The communication products account for the majority of the company's revenue. It operates in the business segment of selling information and communication products and peripheral products in Taiwan. The company generates the majority of its total revenue from the Taiwanese market.
81GF Score
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Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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