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Asia Optical CoTPE:3019 +2.79%82 Gross Margin % is 15.53% as of Dec. 2025, which is 17% below its 10-year median of 18.70. GuruFocus rates TPE:3019 with a GF Score™ of 82/100 and a GF Value™ of NT$138.18 (Fairly Valued). The stock has 1 warning sign investors should review. Among 2,457 Hardware companies, Asia Optical Co ranks worse than 64.14% on this metric.
Asia Optical Co Inc gross margin has been in long-term decline. The average rate of decline per year is -1.1%.
The historical rank and industry rank for Asia Optical Co's Gross Margin % or its related term are showing as below:
TPE:3019'
s Gross Margin % Range Over the Past 10 Years
Min: 17.86 Med: 18.7 Max: 20.67
Current: 18.78
During the past 13 years, the highestGross Margin % of Asia Optical Co was 20.67%. The lowest was 17.86%. And the median was 18.70%.
TPE:3019's Gross Margin % is ranked worse than 64.14% of 2457
companies
in the Hardware industry
Industry Median: 24.54
vs TPE:3019: 18.78
Asia Optical Co had a gross margin of 15.53% for the quarter that ended in Dec. 2025 => No sustainable competitive advantage
The 5-Year average Growth Rate of Gross Margin for Asia Optical Co was -1.10% per year.
Asia Optical Co (TPE:3019) 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
Asia Optical Co had a gross margin of 15.53% 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.
Asia Optical Co Gross Margin % Related Terms
Asia Optical Co Gross Margin % Historical Data
* Premium members only.
The historical data trend for Asia Optical 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.
For the Electronic Components subindustry, Asia Optical 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.
Asia Optical Co Gross Margin % vs Hardware Industry
For the Hardware industry and Technology sector, Asia Optical Co's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Asia Optical 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.
Asia Optical Co (TPE:3019) has a Gross Margin % of 15.53% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Asia Optical Co and its competitors. This is 17% below median its historical median of 18.70. Over the past decade, Asia Optical Co's Gross Margin % has ranged from 17.86 to 20.67. According to the industry distribution chart, Asia Optical Co ranks #1576 out of 2457 companies in the Hardware industry, placing it in the top 64.1%.
Is Asia Optical Co's Gross Margin % too high?
Asia Optical Co's current Gross Margin % of 15.53% is 17% below median its 10-year median of 18.70. Over the past 10 years, this metric has ranged from a low of 17.86 to a high of 20.67. The Hardware industry median Gross Margin % is 24.54. Asia Optical Co's value of 15.53% is 36.7% below this industry median. Based on the distribution chart, Asia Optical Co ranks #1576 out of 2457 companies in the Hardware industry, which is below the industry midpoint. Overall, Asia Optical Co has a GF Score™ of 82/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Asia Optical Co's Gross Margin % compare to APH and GLW?
According to the Hardware industry distribution chart, Asia Optical Co ranks #1576 out of 2457 companies for Gross Margin %. This places Asia Optical Co in the lower half of its industry. The industry median Gross Margin % is 24.54. Asia Optical Co's value of 15.53% is 36.7% below this benchmark. Historically, Asia Optical Co's own Gross Margin % has ranged from 17.86 to 20.67 over the past decade. While the company's 10-year median is 18.70 vs. the industry median of 24.54, Asia Optical 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 24.54, based on 2,457 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. Asia Optical Co's current Gross Margin % of 15.53% is 36.7% 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 Asia Optical Co and its competitors. For the Hardware industry, the median Gross Margin % is 24.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Asia Optical Co's current Gross Margin % is 15.53%, which is 17% below median its own 10-year median of 18.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asia Optical Co stock overvalued right now?
Based on GuruFocus' analysis, Asia Optical Co (TPE:3019) is currently considered Fairly Valued. The stock's GF Value™ is NT$138.18, compared to a current price of NT$147.50 — trading 6.7% above its estimated fair value. The current Gross Margin % is 15.53%, which is 17% below median its 10-year median of 18.70 and 36.7% below the Hardware industry median of 24.54. Asia Optical Co's overall GF Score™ is 82/100 with 1 warning sign 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 Asia Optical Co (TPE:3019), the current Gross Margin % is 15.53% 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 Asia Optical Co (TPE:3019) Overvalued in 2026?
Based on GuruFocus' analysis, Asia Optical Co stock appears to be overvalued.
The current stock price of NT$147.50 is trading 6.7% above its estimated GF Value™ of NT$138.18.
GuruFocus considers Asia Optical Co to be Fairly Valued.
Key valuation signals for TPE:3019:
Gross Margin %: 15.53% (17% below median its 10-year median of 18.70)
GF Value™: NT$138.18 vs. price of NT$147.50 (6.7% above fair value)
Industry Position: 36.7% below the Hardware median (#1576 of 2457)
No single metric tells the full story. See the TPE:3019 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Asia Optical Co Inc is engaged in the manufacturing and sale of cameras, rangefinders, riflescopes, photocopier lens, scanner lens and optical components. The companies reportable segments included optical components, contact image sensor modules, optronics components, optronics products and digital camera. The majority of the revenue is generated from optical components. The company operates in two principal geographical areas Asia and America.
82GF 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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