Bes Engineering CoTPE:2515 +2.63%79 Gross Margin % is 9.34% as of Dec. 2025, which is 9% above its 10-year median of 8.58. GuruFocus rates TPE:2515 with a GF Score™ of 79/100 and a GF Value™ of NT$14.92 (Fairly Valued). The stock has 8 warning signs investors should review. Among 1,718 Construction companies, Bes Engineering Co ranks worse than 85.8% on this metric.
The historical rank and industry rank for Bes Engineering Co's Gross Margin % or its related term are showing as below:
TPE:2515'
s Gross Margin % Range Over the Past 10 Years
Min: 1.98 Med: 8.58 Max: 11.72
Current: 7.64
During the past 13 years, the highestGross Margin % of Bes Engineering Co was 11.72%. The lowest was 1.98%. And the median was 8.58%.
TPE:2515's Gross Margin % is ranked worse than 85.8% of 1718
companies
in the Construction industry
Industry Median: 20.785
vs TPE:2515: 7.64
Bes Engineering Co had a gross margin of 9.34% for the quarter that ended in Dec. 2025 => No sustainable competitive advantage
The 5-Year average Growth Rate of Gross Margin for Bes Engineering Co was 11.70% per year.
Bes Engineering Co (TPE:2515) 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
Bes Engineering Co had a gross margin of 9.34% 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.
Bes Engineering Co Gross Margin % Related Terms
Bes Engineering Co Gross Margin % Historical Data
* Premium members only.
The historical data trend for Bes Engineering 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:2515 vs PWR, FIX, EME: Gross Margin % Comparison
For the Engineering & Construction subindustry, Bes Engineering 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.
Bes Engineering Co Gross Margin % vs Construction Industry
For the Construction industry and Industrials sector, Bes Engineering Co's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Bes Engineering 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.
Bes Engineering Co (TPE:2515) has a Gross Margin % of 9.34% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Bes Engineering Co and its competitors. This is near median its historical median of 8.58. Over the past decade, Bes Engineering Co's Gross Margin % has ranged from 1.98 to 11.72. According to the industry distribution chart, Bes Engineering Co ranks #1474 out of 1718 companies in the Construction industry, placing it in the top 85.8%.
Is Bes Engineering Co's Gross Margin % too high?
Bes Engineering Co's current Gross Margin % of 9.34% is near median its 10-year median of 8.58. Over the past 10 years, this metric has ranged from a low of 1.98 to a high of 11.72. The Construction industry median Gross Margin % is 20.79. Bes Engineering Co's value of 9.34% is 55.1% below this industry median. Based on the distribution chart, Bes Engineering Co ranks #1474 out of 1718 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Bes Engineering Co has a GF Score™ of 79/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Bes Engineering Co's Gross Margin % compare to PWR and FIX?
According to the Construction industry distribution chart, Bes Engineering Co ranks #1474 out of 1718 companies for Gross Margin %. This places Bes Engineering Co in the lower half of its industry. The industry median Gross Margin % is 20.79. Bes Engineering Co's value of 9.34% is 55.1% below this benchmark. Historically, Bes Engineering Co's own Gross Margin % has ranged from 1.98 to 11.72 over the past decade. While the company's 10-year median is 8.58 vs. the industry median of 20.79, Bes Engineering 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 Construction company?
The median Gross Margin % among Construction companies is 20.79, based on 1,718 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. Bes Engineering Co's current Gross Margin % of 9.34% is 55.1% 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 Bes Engineering Co and its competitors. For the Construction industry, the median Gross Margin % is 20.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bes Engineering Co's current Gross Margin % is 9.34%, which is near median its own 10-year median of 8.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bes Engineering Co stock overvalued right now?
Based on GuruFocus' analysis, Bes Engineering Co (TPE:2515) is currently considered Fairly Valued. The stock's GF Value™ is NT$14.92, compared to a current price of NT$13.65 — trading 8.5% below its estimated fair value. The current Gross Margin % is 9.34%, which is near median its 10-year median of 8.58 and 55.1% below the Construction industry median of 20.79. Bes Engineering Co's overall GF Score™ is 79/100 with 8 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 Bes Engineering Co (TPE:2515), the current Gross Margin % is 9.34% 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 Bes Engineering Co (TPE:2515) Overvalued in 2026?
Based on GuruFocus' analysis, Bes Engineering Co stock appears to be undervalued.
The current stock price of NT$13.65 is trading 8.5% below its estimated GF Value™ of NT$14.92.
GuruFocus considers Bes Engineering Co to be Fairly Valued.
Key valuation signals for TPE:2515:
Gross Margin %: 9.34% (near median its 10-year median of 8.58)
GF Value™: NT$14.92 vs. price of NT$13.65 (8.5% below fair value)
Industry Position: 55.1% below the Construction median (#1474 of 1718)
No single metric tells the full story. See the TPE:2515 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Bes Engineering Co engages mainly in civil engineering, building construction, real estate transactions, and the development of industrial districts for the government. Its construction engineering includes super high-rise buildings, high-end residences, department stores, office buildings, factories and offices, medical buildings, schools, gymnasiums, and large-scale community development.
79GF Score
Get the complete analysis for TPE:2515
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:2515 has been successfully added to your 
