Kedge Construction CoTPE:2546 +0.64%95 Gross Margin % is 9.56% as of Dec. 2025, which is 19% above its 10-year median of 8.01. GuruFocus rates TPE:2546 with a GF Score™ of 95/100 and a GF Value™ of NT$116.81 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,718 Construction companies, Kedge Construction Co ranks worse than 83.64% on this metric.
TPE:2546's Gross Margin % is ranked worse than 83.64% of 1718
companies
in the Construction industry
Industry Median: 20.72
vs TPE:2546: 8.53
Kedge Construction Co had a gross margin of 9.56% for the quarter that ended in Dec. 2025 => No sustainable competitive advantage
The 5-Year average Growth Rate of Gross Margin for Kedge Construction Co was 0.10% per year.
Kedge Construction Co (TPE:2546) 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
Kedge Construction Co had a gross margin of 9.56% 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.
Kedge Construction Co Gross Margin % Related Terms
Kedge Construction Co Gross Margin % Historical Data
* Premium members only.
The historical data trend for Kedge Construction 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:2546 vs PWR, FIX, EME: Gross Margin % Comparison
For the Engineering & Construction subindustry, Kedge Construction 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.
Kedge Construction Co Gross Margin % vs Construction Industry
For the Construction industry and Industrials sector, Kedge Construction Co's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Kedge Construction 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.
Kedge Construction Co (TPE:2546) has a Gross Margin % of 9.56% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Kedge Construction Co and its competitors. This is 19% above median its historical median of 8.01. Over the past decade, Kedge Construction Co's Gross Margin % has ranged from 5.27 to 11.27. According to the industry distribution chart, Kedge Construction Co ranks #1437 out of 1718 companies in the Construction industry, placing it in the top 83.6%.
Is Kedge Construction Co's Gross Margin % too high?
Kedge Construction Co's current Gross Margin % of 9.56% is 19% above median its 10-year median of 8.01. Over the past 10 years, this metric has ranged from a low of 5.27 to a high of 11.27. The Construction industry median Gross Margin % is 20.72. Kedge Construction Co's value of 9.56% is 53.9% below this industry median. Based on the distribution chart, Kedge Construction Co ranks #1437 out of 1718 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Kedge Construction Co has a GF Score™ of 95/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Kedge Construction Co's Gross Margin % compare to PWR and FIX?
According to the Construction industry distribution chart, Kedge Construction Co ranks #1437 out of 1718 companies for Gross Margin %. This places Kedge Construction Co in the lower half of its industry. The industry median Gross Margin % is 20.72. Kedge Construction Co's value of 9.56% is 53.9% below this benchmark. Historically, Kedge Construction Co's own Gross Margin % has ranged from 5.27 to 11.27 over the past decade. While the company's 10-year median is 8.01 vs. the industry median of 20.72, Kedge Construction 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 20.72, 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. Kedge Construction Co's current Gross Margin % of 9.56% is 53.9% 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 Kedge Construction Co and its competitors. For the Construction industry, the median Gross Margin % is 20.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kedge Construction Co's current Gross Margin % is 9.56%, which is 19% above median its own 10-year median of 8.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kedge Construction Co stock overvalued right now?
Based on GuruFocus' analysis, Kedge Construction Co (TPE:2546) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$116.81, compared to a current price of NT$94.60 — trading 19% below its estimated fair value. The current Gross Margin % is 9.56%, which is 19% above median its 10-year median of 8.01 and 53.9% below the Construction industry median of 20.72. Kedge Construction Co's overall GF Score™ is 95/100 with 3 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 Kedge Construction Co (TPE:2546), the current Gross Margin % is 9.56% 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 Kedge Construction Co (TPE:2546) Overvalued in 2026?
Based on GuruFocus' analysis, Kedge Construction Co stock appears to be undervalued.
The current stock price of NT$94.60 is trading 19% below its estimated GF Value™ of NT$116.81.
GuruFocus considers Kedge Construction Co to be Modestly Undervalued.
Key valuation signals for TPE:2546:
Gross Margin %: 9.56% (19% above median its 10-year median of 8.01)
GF Value™: NT$116.81 vs. price of NT$94.60 (19% below fair value)
Industry Position: 53.9% below the Construction median (#1437 of 1718)
No single metric tells the full story. See the TPE:2546 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Kedge Construction Co Ltd operates in the contracting business of residential property and public construction. The projects of the company are in areas of Collective Housing, Department Store, Institutional School, Technology Factory Office, Biotech Medical, and Civil Engineering. The company's reportable operating segment only is the construction segment.
95GF 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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