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Capital FuturesTPE:6024 +1.89%73 Gross Margin % is 48.65% as of Dec. 2025, which is 7% below its 10-year median of 52.31. GuruFocus rates TPE:6024 with a GF Score™ of 73/100 and a GF Value™ of NT$50.41 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 618 Capital Markets companies, Capital Futures ranks worse than 50.97% on this metric.
Capital Futures Corp gross margin has been in long-term decline. The average rate of decline per year is -1.9%.
The historical rank and industry rank for Capital Futures's Gross Margin % or its related term are showing as below:
TPE:6024'
s Gross Margin % Range Over the Past 10 Years
Min: 46.21 Med: 52.31 Max: 54.3
Current: 47.48
During the past 13 years, the highestGross Margin % of Capital Futures was 54.30%. The lowest was 46.21%. And the median was 52.31%.
TPE:6024's Gross Margin % is ranked worse than 50.97% of 618
companies
in the Capital Markets industry
Industry Median: 49.87
vs TPE:6024: 47.48
Capital Futures had a gross margin of 48.65% for the quarter that ended in Dec. 2025 => Durable competitive advantage
The 5-Year average Growth Rate of Gross Margin for Capital Futures was -1.90% per year.
Capital Futures (TPE:6024) 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
Capital Futures had a gross margin of 48.65% for the quarter that ended in Dec. 2025 => 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.
Capital Futures Gross Margin % Related Terms
Capital Futures Gross Margin % Historical Data
* Premium members only.
The historical data trend for Capital Futures'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:6024 vs MS, GS, SCHW: Gross Margin % Comparison
For the Capital Markets subindustry, Capital Futures'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.
Capital Futures Gross Margin % vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Capital Futures's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Capital Futures'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.
Capital Futures (TPE:6024) has a Gross Margin % of 48.65% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Capital Futures and its competitors. This is near median its historical median of 52.31. Over the past decade, Capital Futures' Gross Margin % has ranged from 46.21 to 54.30. According to the industry distribution chart, Capital Futures ranks #315 out of 618 companies in the Capital Markets industry, placing it in the top 51%.
Is Capital Futures' Gross Margin % too high?
Capital Futures' current Gross Margin % of 48.65% is near median its 10-year median of 52.31. Over the past 10 years, this metric has ranged from a low of 46.21 to a high of 54.30. The Capital Markets industry median Gross Margin % is 49.87. Capital Futures' value of 48.65% is 2.4% below this industry median. Based on the distribution chart, Capital Futures ranks #315 out of 618 companies in the Capital Markets industry, which is below the industry midpoint. Overall, Capital Futures has a GF Score™ of 73/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Capital Futures' Gross Margin % compare to MS and GS?
According to the Capital Markets industry distribution chart, Capital Futures ranks #315 out of 618 companies for Gross Margin %. This places Capital Futures in the lower half of its industry. The industry median Gross Margin % is 49.87. Capital Futures' value of 48.65% is 2.4% below this benchmark. Historically, Capital Futures' own Gross Margin % has ranged from 46.21 to 54.30 over the past decade. While the company's 10-year median is 52.31 vs. the industry median of 49.87, Capital Futures 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 Capital Markets company?
The median Gross Margin % among Capital Markets companies is 49.87, based on 618 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. Capital Futures's current Gross Margin % of 48.65% is 2.4% 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 Capital Futures and its competitors. For the Capital Markets industry, the median Gross Margin % is 49.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Capital Futures's current Gross Margin % is 48.65%, which is near median its own 10-year median of 52.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Capital Futures stock overvalued right now?
Based on GuruFocus' analysis, Capital Futures (TPE:6024) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$50.41, compared to a current price of NT$64.80 — trading 28.5% above its estimated fair value. The current Gross Margin % is 48.65%, which is near median its 10-year median of 52.31 and 2.4% below the Capital Markets industry median of 49.87. Capital Futures' overall GF Score™ is 73/100 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 Capital Futures (TPE:6024), the current Gross Margin % is 48.65% 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 Capital Futures (TPE:6024) Overvalued in 2026?
Based on GuruFocus' analysis, Capital Futures stock appears to be overvalued.
The current stock price of NT$64.80 is trading 28.5% above its estimated GF Value™ of NT$50.41.
GuruFocus considers Capital Futures to be Modestly Overvalued.
Key valuation signals for TPE:6024:
Gross Margin %: 48.65% (near median its 10-year median of 52.31)
GF Value™: NT$50.41 vs. price of NT$64.80 (28.5% above fair value)
Industry Position: 2.4% below the Capital Markets median (#315 of 618)
No single metric tells the full story. See the TPE:6024 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Capital Futures Corp is a financial services company. The company offers futures advisory business, futures management business, leverage exchange agency, securities investment consulting, management consulting and information software service, securities business, futures advisory business, fecurities introducing brokerage, proprietary trading, and others. The company operates in a single reporting segment: the Brokerage segment and is mainly involved in the futures brokerage business.
73GF 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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