Taiwan High Speed Rail (TPE:2633) Gross Margin %: 41.29% (As of Jun. 2026) — Near Median

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TPE:2633 Taiwan High Speed Rail Corp TPE:2633
62 GF Score
Price NT$25.95
GF Value NT$30.91
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Taiwan High Speed Rail Gross Margin %?

Taiwan High Speed Rail TPE:2633 +0.39% 62 Gross Margin % is 41.29% as of Jun. 2026, which is 5% below its 10-year median of 43.30. GuruFocus rates TPE:2633 with a GF Score™ of 62/100 and a GF Value™ of NT$30.91 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 992 Transportation companies, Taiwan High Speed Rail ranks better than 82.66% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Taiwan High Speed Rail's Gross Profit for the three months ended in Jun. 2026 was NT$5,749 Mil. Taiwan High Speed Rail's Revenue for the three months ended in Jun. 2026 was NT$13,922 Mil. Therefore, Taiwan High Speed Rail's Gross Margin % for the quarter that ended in Jun. 2026 was 41.29%.


The historical rank and industry rank for Taiwan High Speed Rail's Gross Margin % or its related term are showing as below:

TPE:2633' s Gross Margin % Range Over the Past 10 Years
Min: 14.97   Med: 43.3   Max: 45.77
Current: 43.23


During the past 13 years, the highest Gross Margin % of Taiwan High Speed Rail was 45.77%. The lowest was 14.97%. And the median was 43.30%.

TPE:2633's Gross Margin % is ranked better than
82.66% of 992 companies
in the Transportation industry
Industry Median: 20.835 vs TPE:2633: 43.23

Taiwan High Speed Rail had a gross margin of 41.29% for the quarter that ended in Jun. 2026 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Taiwan High Speed Rail was 15.10% per year.


Taiwan High Speed Rail  (TPE:2633) 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

Taiwan High Speed Rail had a gross margin of 41.29% for the quarter that ended in Jun. 2026 => Durable 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.


Taiwan High Speed Rail Gross Margin % Related Terms


Taiwan High Speed Rail Gross Margin % Historical Data

* Premium members only.

The historical data trend for Taiwan High Speed Rail'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.

Taiwan High Speed Rail Gross Margin % Chart

Taiwan High Speed Rail Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.86 30.18 44.48 43.83 43.17

Taiwan High Speed Rail Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 41.85 41.28 43.13 46.75 41.29

TPE:2633 vs UNP, CSX, NSC: Gross Margin % Comparison

For the Railroads subindustry, Taiwan High Speed Rail'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.


Taiwan High Speed Rail Gross Margin % vs Transportation Industry

For the Transportation industry and Industrials sector, Taiwan High Speed Rail's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Taiwan High Speed Rail's Gross Margin % falls into.


TPE:2633
62GF Score
Taiwan High Speed Rail Corp TPE:2633
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Taiwan High Speed Rail Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Taiwan High Speed Rail's Gross Margin for the fiscal year that ended in Dec. 2025 is calculated as

Gross Margin % (A: Dec. 2025 )=Gross Profit (A: Dec. 2025 ) / Revenue (A: Dec. 2025 )
=23589.9 / 54648.456
=(Revenue - Cost of Goods Sold) / Revenue
=(54648.456 - 31058.54) / 54648.456
=43.17 %

Taiwan High Speed Rail's Gross Margin for the quarter that ended in Jun. 2026 is calculated as


Gross Margin % (Q: Jun. 2026 )=Gross Profit (Q: Jun. 2026 ) / Revenue (Q: Jun. 2026 )
=5748.5 / 13921.535
=(Revenue - Cost of Goods Sold) / Revenue
=(13921.535 - 8173.027) / 13921.535
=41.29 %

* 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.

Frequently Asked Questions Learn more about Gross Margin % →
What does a Gross Margin % of 41.29% mean?
Taiwan High Speed Rail (TPE:2633) has a Gross Margin % of 41.29% as of Jun. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Taiwan High Speed Rail and its competitors. This is near median its historical median of 43.30. Over the past decade, Taiwan High Speed Rail's Gross Margin % has ranged from 14.97 to 45.77. According to the industry distribution chart, Taiwan High Speed Rail ranks #172 out of 992 companies in the Transportation industry, placing it in the top 17.3%.
Is Taiwan High Speed Rail's Gross Margin % too high?
Taiwan High Speed Rail's current Gross Margin % of 41.29% is near median its 10-year median of 43.30. Over the past 10 years, this metric has ranged from a low of 14.97 to a high of 45.77. The Transportation industry median Gross Margin % is 20.84. Taiwan High Speed Rail's value of 41.29% is 98.2% above this industry median. Based on the distribution chart, Taiwan High Speed Rail ranks #172 out of 992 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, Taiwan High Speed Rail has a GF Score™ of 62/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Taiwan High Speed Rail's Gross Margin % compare to UNP and CSX?
According to the Transportation industry distribution chart, Taiwan High Speed Rail ranks #172 out of 992 companies for Gross Margin %. This places Taiwan High Speed Rail in the top 17% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 20.84. Taiwan High Speed Rail's value of 41.29% is 98.2% above this benchmark. Historically, Taiwan High Speed Rail's own Gross Margin % has ranged from 14.97 to 45.77 over the past decade. While the company's 10-year median is 43.30 vs. the industry median of 20.84, Taiwan High Speed Rail 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 20.84, based on 992 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. Taiwan High Speed Rail's current Gross Margin % of 41.29% is 98.2% 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 Taiwan High Speed Rail and its competitors. For the Transportation industry, the median Gross Margin % is 20.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Taiwan High Speed Rail's current Gross Margin % is 41.29%, which is near median its own 10-year median of 43.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Taiwan High Speed Rail stock overvalued right now?
Based on GuruFocus' analysis, Taiwan High Speed Rail (TPE:2633) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$30.91, compared to a current price of NT$25.95 — trading 16% below its estimated fair value. The current Gross Margin % is 41.29%, which is near median its 10-year median of 43.30 and 98.2% above the Transportation industry median of 20.84. Taiwan High Speed Rail's overall GF Score™ is 62/100 with 5 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 Taiwan High Speed Rail (TPE:2633), the current Gross Margin % is 41.29% as of Jun. 2026. 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 Taiwan High Speed Rail (TPE:2633) Overvalued in 2026?

Based on GuruFocus' analysis, Taiwan High Speed Rail stock appears to be undervalued. The current stock price of NT$25.95 is trading 16% below its estimated GF Value™ of NT$30.91. GuruFocus considers Taiwan High Speed Rail to be Modestly Undervalued.

Key valuation signals for TPE:2633:

  • Gross Margin %: 41.29% (near median its 10-year median of 43.30)
  • GF Value™: NT$30.91 vs. price of NT$25.95 (16% below fair value)
  • GF Score™: 62/100 with 5 warning signs
  • Industry Position: 98.2% above the Transportation median (#172 of 992)

No single metric tells the full story. See the TPE:2633 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Taiwan High Speed Rail Business Description

Address No. 66, Jingmao 2nd Road, 13th Floor, Nangang District, Taipei, TWN, 11568
Taiwan High Speed Rail Corp is principally engaged in the construction and operation of high-speed rail in Taiwan. Railway transportation revenue is the source of operating revenue for the company.
62GF Score

Get the complete analysis for TPE:2633

Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

NT$25.95
Price
NT$30.91
GF Value