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Excelsior Medical CoTPE:4104 -1.13%87 Gross Margin % is 21.31% as of Mar. 2026, which is 6% above its 10-year median of 20.04. GuruFocus rates TPE:4104 with a GF Score™ of 87/100 and a GF Value™ of NT$87.68 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 117 Medical Distribution companies, Excelsior Medical Co ranks better than 58.12% on this metric.
Excelsior Medical Co (TPE:4104) 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
Excelsior Medical Co had a gross margin of 21.31% for the quarter that ended in Mar. 2026 => 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.
Excelsior Medical Co Gross Margin % Related Terms
Excelsior Medical Co Gross Margin % Historical Data
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The historical data trend for Excelsior Medical 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:4104 vs MCK, COR, CAH: Gross Margin % Comparison
For the Medical Distribution subindustry, Excelsior Medical 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.
Excelsior Medical Co Gross Margin % vs Medical Distribution Industry
For the Medical Distribution industry and Healthcare sector, Excelsior Medical Co's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Excelsior Medical 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.
Excelsior Medical Co (TPE:4104) has a Gross Margin % of 21.31% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Excelsior Medical Co and its competitors. This is near median its historical median of 20.04. Over the past decade, Excelsior Medical Co's Gross Margin % has ranged from 18.90 to 21.35. According to the industry distribution chart, Excelsior Medical Co ranks #49 out of 117 companies in the Medical Distribution industry, placing it in the top 41.9%.
Is Excelsior Medical Co's Gross Margin % too high?
Excelsior Medical Co's current Gross Margin % of 21.31% is near median its 10-year median of 20.04. Over the past 10 years, this metric has ranged from a low of 18.90 to a high of 21.35. The Medical Distribution industry median Gross Margin % is 14.91. Excelsior Medical Co's value of 21.31% is 42.9% above this industry median. Based on the distribution chart, Excelsior Medical Co ranks #49 out of 117 companies in the Medical Distribution industry, which is above the industry midpoint. Overall, Excelsior Medical Co has a GF Score™ of 87/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Excelsior Medical Co's Gross Margin % compare to MCK and COR?
According to the Medical Distribution industry distribution chart, Excelsior Medical Co ranks #49 out of 117 companies for Gross Margin %. This puts Excelsior Medical Co in the upper half of its industry. The industry median Gross Margin % is 14.91. Excelsior Medical Co's value of 21.31% is 42.9% above this benchmark. Historically, Excelsior Medical Co's own Gross Margin % has ranged from 18.90 to 21.35 over the past decade. While the company's 10-year median is 20.04 vs. the industry median of 14.91, Excelsior Medical Co 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 Medical Distribution company?
The median Gross Margin % among Medical Distribution companies is 14.91, based on 117 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. Excelsior Medical Co's current Gross Margin % of 21.31% is 42.9% 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 Excelsior Medical Co and its competitors. For the Medical Distribution industry, the median Gross Margin % is 14.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Excelsior Medical Co's current Gross Margin % is 21.31%, which is near median its own 10-year median of 20.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Excelsior Medical Co stock overvalued right now?
Based on GuruFocus' analysis, Excelsior Medical Co (TPE:4104) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$87.68, compared to a current price of NT$70.00 — trading 20.2% below its estimated fair value. The current Gross Margin % is 21.31%, which is near median its 10-year median of 20.04 and 42.9% above the Medical Distribution industry median of 14.91. Excelsior Medical Co's overall GF Score™ is 87/100 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 Excelsior Medical Co (TPE:4104), the current Gross Margin % is 21.31% as of Mar. 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 Excelsior Medical Co (TPE:4104) Overvalued in 2026?
Based on GuruFocus' analysis, Excelsior Medical Co stock appears to be undervalued.
The current stock price of NT$70.00 is trading 20.2% below its estimated GF Value™ of NT$87.68.
GuruFocus considers Excelsior Medical Co to be Modestly Undervalued.
Key valuation signals for TPE:4104:
Gross Margin %: 21.31% (near median its 10-year median of 20.04)
GF Value™: NT$87.68 vs. price of NT$70.00 (20.2% below fair value)
Industry Position: 42.9% above the Medical Distribution median (#49 of 117)
No single metric tells the full story. See the TPE:4104 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Excelsior Medical Co Ltd is engaged in the sale of medical supplies and medicines, home medical devices, and medical equipment with brand names of local and foreign manufacturers. Its product offerings include Fasflo hollow fiber dialyzer, Renabio sodium chloride injection, acid concentrates, Sunder blood purification tubing set, JMS blood bags, etc. The Group's reportable segments include Excelsior, Dynamic, Arich, and Others. Maximum revenue is generated from the Excelsior segment. Geographically, it derives key revenue from Taiwan and also has a presence in Hong Kong, China, the Philippines, Malaysia, and Indonesia.
87GF Score
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