U-Ming Marine TransportTPE:2606 +3.00%89 Gross Margin % is 35.36% as of Dec. 2025, which is 67% above its 10-year median of 21.18. GuruFocus rates TPE:2606 with a GF Score™ of 89/100 and a GF Value™ of NT$59.38 (Fairly Valued). The stock has 8 warning signs investors should review. Among 978 Transportation companies, U-Ming Marine Transport ranks better than 66.77% on this metric.
TPE:2606's Gross Margin % is ranked better than 66.77% of 978
companies
in the Transportation industry
Industry Median: 20.5
vs TPE:2606: 28.80
U-Ming Marine Transport had a gross margin of 35.36% for the quarter that ended in Dec. 2025 => Competition eroding margins
The 5-Year average Growth Rate of Gross Margin for U-Ming Marine Transport was 13.50% per year.
U-Ming Marine Transport (TPE:2606) 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
U-Ming Marine Transport had a gross margin of 35.36% for the quarter that ended in Dec. 2025 => Competition eroding margins
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.
U-Ming Marine Transport Gross Margin % Related Terms
U-Ming Marine Transport Gross Margin % Historical Data
* 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.
U-Ming Marine Transport Gross Margin % Competitor Comparison
For the Marine Shipping subindustry, U-Ming Marine Transport'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.
U-Ming Marine Transport Gross Margin % vs Transportation Industry
For the Transportation industry and Industrials sector, U-Ming Marine Transport's Gross Margin % distribution charts can be found below:
* The bar in red indicates where U-Ming Marine Transport'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.
U-Ming Marine Transport (TPE:2606) has a Gross Margin % of 35.36% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on U-Ming Marine Transport and its competitors. This is 67% above median its historical median of 21.18. According to the industry distribution chart, U-Ming Marine Transport ranks #325 out of 978 companies in the Transportation industry, placing it in the top 33.2%.
Is U-Ming Marine Transport's Gross Margin % too high?
U-Ming Marine Transport's current Gross Margin % of 35.36% is 67% above median its 10-year median of 21.18. The Transportation industry median Gross Margin % is 20.50. U-Ming Marine Transport's value of 35.36% is 72.5% above this industry median. Based on the distribution chart, U-Ming Marine Transport ranks #325 out of 978 companies in the Transportation industry, which is above the industry midpoint. Overall, U-Ming Marine Transport has a GF Score™ of 89/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does U-Ming Marine Transport's Gross Margin % compare to competitors?
According to the Transportation industry distribution chart, U-Ming Marine Transport ranks #325 out of 978 companies for Gross Margin %. This puts U-Ming Marine Transport in the upper half of its industry. The industry median Gross Margin % is 20.50. U-Ming Marine Transport's value of 35.36% is 72.5% above this benchmark. While the company's 10-year median is 21.18 vs. the industry median of 20.50, U-Ming Marine Transport has consistently been above 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 Transportation company?
The median Gross Margin % among Transportation companies is 20.50, based on 978 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. U-Ming Marine Transport's current Gross Margin % of 35.36% is 72.5% above 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 U-Ming Marine Transport and its competitors. For the Transportation industry, the median Gross Margin % is 20.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. U-Ming Marine Transport's current Gross Margin % is 35.36%, which is 67% above median its own 10-year median of 21.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is U-Ming Marine Transport stock overvalued right now?
Based on GuruFocus' analysis, U-Ming Marine Transport (TPE:2606) is currently considered Fairly Valued. The stock's GF Value™ is NT$59.38, compared to a current price of NT$61.80 — trading 4.1% above its estimated fair value. The current Gross Margin % is 35.36%, which is 67% above median its 10-year median of 21.18 and 72.5% above the Transportation industry median of 20.50. U-Ming Marine Transport's overall GF Score™ is 89/100 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 U-Ming Marine Transport (TPE:2606), the current Gross Margin % is 35.36% 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 U-Ming Marine Transport (TPE:2606) Overvalued in 2026?
Based on GuruFocus' analysis, U-Ming Marine Transport stock appears to be overvalued.
The current stock price of NT$61.80 is trading 4.1% above its estimated GF Value™ of NT$59.38.
GuruFocus considers U-Ming Marine Transport to be Fairly Valued.
Key valuation signals for TPE:2606:
Gross Margin %: 35.36% (67% above median its 10-year median of 21.18)
GF Value™: NT$59.38 vs. price of NT$61.80 (4.1% above fair value)
Industry Position: 72.5% above the Transportation median (#325 of 978)
No single metric tells the full story. See the TPE:2606 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
U-Ming Marine Transport Corp is a transportation and logistics company, domiciled in Taiwan. The company organizes itself into two segments: marine transportation and investment. The marine transportation segment, which contributes the vast majority of revenue, owns and operates a fleet of vessels to transport dry bulk cargo, including cement, oil, coal, iron ore, steel, grain, and other commodities.
89GF Score
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