FaviteTPE:3535 52 Gross Margin % is 35.79% as of Dec. 2025, which is 25% above its 10-year median of 28.64. GuruFocus rates TPE:3535 with a GF Score™ of 52/100 and a GF Value™ of NT$26.87 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 2,454 Hardware companies, Favite ranks better than 77.26% on this metric.
Gross Margin % is calculated as gross profit divided by its revenue. Favite's Gross Profit for the
three
months ended in Dec. 2025 was NT$87.9 Mil. Favite's Revenue for the
three
months ended in Dec. 2025 was NT$245.6 Mil. Therefore, Favite's Gross Margin % for the quarter that ended in Dec. 2025 was 35.79%.
The historical rank and industry rank for Favite's Gross Margin % or its related term are showing as below:
TPE:3535'
s Gross Margin % Range Over the Past 10 Years
Min: 20.6 Med: 28.64 Max: 47.54
Current: 40.38
During the past 13 years, the highestGross Margin % of Favite was 47.54%. The lowest was 20.60%. And the median was 28.64%.
TPE:3535's Gross Margin % is ranked better than 77.26% of 2454
companies
in the Hardware industry
Industry Median: 24.565
vs TPE:3535: 40.38
Favite had a gross margin of 35.79% for the quarter that ended in Dec. 2025 => Competition eroding margins
The 5-Year average Growth Rate of Gross Margin for Favite was 15.70% per year.
Favite (TPE:3535) 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
Favite had a gross margin of 35.79% 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.
Favite Gross Margin % Related Terms
Favite Gross Margin % Historical Data
* Premium members only.
The historical data trend for Favite'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:3535 vs SNDK, DELL, STX: Gross Margin % Comparison
For the Computer Hardware subindustry, Favite'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.
Favite Gross Margin % vs Hardware Industry
For the Hardware industry and Technology sector, Favite's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Favite'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.
Favite (TPE:3535) has a Gross Margin % of 35.79% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Favite and its competitors. This is 25% above median its historical median of 28.64. Over the past decade, Favite's Gross Margin % has ranged from 20.60 to 47.54. According to the industry distribution chart, Favite ranks #558 out of 2454 companies in the Hardware industry, placing it in the top 22.7%.
Is Favite's Gross Margin % too high?
Favite's current Gross Margin % of 35.79% is 25% above median its 10-year median of 28.64. Over the past 10 years, this metric has ranged from a low of 20.60 to a high of 47.54. The Hardware industry median Gross Margin % is 24.57. Favite's value of 35.79% is 45.7% above this industry median. Based on the distribution chart, Favite ranks #558 out of 2454 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Favite has a GF Score™ of 52/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Favite's Gross Margin % compare to SNDK and DELL?
According to the Hardware industry distribution chart, Favite ranks #558 out of 2454 companies for Gross Margin %. This places Favite in the top 23% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 24.57. Favite's value of 35.79% is 45.7% above this benchmark. Historically, Favite's own Gross Margin % has ranged from 20.60 to 47.54 over the past decade. While the company's 10-year median is 28.64 vs. the industry median of 24.57, Favite 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 Hardware company?
The median Gross Margin % among Hardware companies is 24.57, based on 2,454 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. Favite's current Gross Margin % of 35.79% is 45.7% 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 Favite and its competitors. For the Hardware industry, the median Gross Margin % is 24.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Favite's current Gross Margin % is 35.79%, which is 25% above median its own 10-year median of 28.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Favite stock overvalued right now?
Based on GuruFocus' analysis, Favite (TPE:3535) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$26.87, compared to a current price of NT$112.00 — trading 316.8% above its estimated fair value. The current Gross Margin % is 35.79%, which is 25% above median its 10-year median of 28.64 and 45.7% above the Hardware industry median of 24.57. Favite's overall GF Score™ is 52/100 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 Favite (TPE:3535), the current Gross Margin % is 35.79% 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 Favite (TPE:3535) Overvalued in 2026?
Based on GuruFocus' analysis, Favite stock appears to be overvalued.
The current stock price of NT$112.00 is trading 316.8% above its estimated GF Value™ of NT$26.87.
GuruFocus considers Favite to be Significantly Overvalued.
Key valuation signals for TPE:3535:
Gross Margin %: 35.79% (25% above median its 10-year median of 28.64)
GF Value™: NT$26.87 vs. price of NT$112.00 (316.8% above fair value)
Industry Position: 45.7% above the Hardware median (#558 of 2454)
No single metric tells the full story. See the TPE:3535 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Favite Inc is engaged in the manufacturing of general instruments, precision instruments, and controlled telecommunication radio-frequency devices and the sales of information software services. The company operates in Taiwan, China and Others. It derives maximum revenue from Taiwan.
52GF Score
Get the complete analysis for TPE:3535
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:3535 has been successfully added to your 
