Global Brands Manufacture (TPE:6191) Gross Margin %: 17.33% (As of Dec. 2025) — Near Median


TPE:6191 Global Brands Manufacture Ltd TPE:6191
86 GF Score
Price NT$106.50
GF Value NT$97.49
Valuation Fairly Valued
! 4 Warning Signs
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What is Global Brands Manufacture Gross Margin %?

Global Brands Manufacture TPE:6191 +0.47% 86 Gross Margin % is 17.33% as of Dec. 2025, which is 4% below its 10-year median of 18.14. GuruFocus rates TPE:6191 with a GF Score™ of 86/100 and a GF Value™ of NT$97.49 (Fairly Valued). The stock has 4 warning signs investors should review. Among 2,454 Hardware companies, Global Brands Manufacture ranks worse than 62.59% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Global Brands Manufacture's Gross Profit for the three months ended in Dec. 2025 was NT$1,615 Mil. Global Brands Manufacture's Revenue for the three months ended in Dec. 2025 was NT$9,319 Mil. Therefore, Global Brands Manufacture's Gross Margin % for the quarter that ended in Dec. 2025 was 17.33%.


The historical rank and industry rank for Global Brands Manufacture's Gross Margin % or its related term are showing as below:

TPE:6191' s Gross Margin % Range Over the Past 10 Years
Min: 11.32   Med: 18.14   Max: 26.08
Current: 19.26


During the past 13 years, the highest Gross Margin % of Global Brands Manufacture was 26.08%. The lowest was 11.32%. And the median was 18.14%.

TPE:6191's Gross Margin % is ranked worse than
62.59% of 2454 companies
in the Hardware industry
Industry Median: 24.53 vs TPE:6191: 19.26

Global Brands Manufacture had a gross margin of 17.33% for the quarter that ended in Dec. 2025 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Global Brands Manufacture was 3.80% per year.


Global Brands Manufacture  (TPE:6191) 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

Global Brands Manufacture had a gross margin of 17.33% 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.


Global Brands Manufacture Gross Margin % Related Terms


Global Brands Manufacture Gross Margin % Historical Data

* Premium members only.

The historical data trend for Global Brands Manufacture'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.

Global Brands Manufacture Gross Margin % Chart

Global Brands Manufacture 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 18.45 17.83 23.51 26.08 19.26

Global Brands Manufacture Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 23.74 20.21 20.95 18.92 17.33

TPE:6191 vs APH, GLW: Gross Margin % Comparison

For the Electronic Components subindustry, Global Brands Manufacture'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.


Global Brands Manufacture Gross Margin % vs Hardware Industry

For the Hardware industry and Technology sector, Global Brands Manufacture's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Global Brands Manufacture's Gross Margin % falls into.


TPE:6191
86GF Score
Global Brands Manufacture Ltd TPE:6191
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Global Brands Manufacture Gross Margin % Calculation

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

Global Brands Manufacture'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 )
=6493.4 / 33712.142
=(Revenue - Cost of Goods Sold) / Revenue
=(33712.142 - 27218.713) / 33712.142
=19.26 %

Global Brands Manufacture's Gross Margin for the quarter that ended in Dec. 2025 is calculated as


Gross Margin % (Q: Dec. 2025 )=Gross Profit (Q: Dec. 2025 ) / Revenue (Q: Dec. 2025 )
=1614.9 / 9318.978
=(Revenue - Cost of Goods Sold) / Revenue
=(9318.978 - 7704.049) / 9318.978
=17.33 %

* 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 17.33% mean?
Global Brands Manufacture (TPE:6191) has a Gross Margin % of 17.33% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Global Brands Manufacture and its competitors. This is near median its historical median of 18.14. Over the past decade, Global Brands Manufacture's Gross Margin % has ranged from 11.32 to 26.08. According to the industry distribution chart, Global Brands Manufacture ranks #1536 out of 2454 companies in the Hardware industry, placing it in the top 62.6%.
Is Global Brands Manufacture's Gross Margin % too high?
Global Brands Manufacture's current Gross Margin % of 17.33% is near median its 10-year median of 18.14. Over the past 10 years, this metric has ranged from a low of 11.32 to a high of 26.08. The Hardware industry median Gross Margin % is 24.53. Global Brands Manufacture's value of 17.33% is 29.4% below this industry median. Based on the distribution chart, Global Brands Manufacture ranks #1536 out of 2454 companies in the Hardware industry, which is below the industry midpoint. Overall, Global Brands Manufacture has a GF Score™ of 86/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Global Brands Manufacture's Gross Margin % compare to APH and GLW?
According to the Hardware industry distribution chart, Global Brands Manufacture ranks #1536 out of 2454 companies for Gross Margin %. This places Global Brands Manufacture in the lower half of its industry. The industry median Gross Margin % is 24.53. Global Brands Manufacture's value of 17.33% is 29.4% below this benchmark. Historically, Global Brands Manufacture's own Gross Margin % has ranged from 11.32 to 26.08 over the past decade. While the company's 10-year median is 18.14 vs. the industry median of 24.53, Global Brands Manufacture 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 24.53, 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. Global Brands Manufacture's current Gross Margin % of 17.33% is 29.4% 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 Global Brands Manufacture and its competitors. For the Hardware industry, the median Gross Margin % is 24.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Global Brands Manufacture's current Gross Margin % is 17.33%, which is near median its own 10-year median of 18.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Global Brands Manufacture stock overvalued right now?
Based on GuruFocus' analysis, Global Brands Manufacture (TPE:6191) is currently considered Fairly Valued. The stock's GF Value™ is NT$97.49, compared to a current price of NT$106.50 — trading 9.2% above its estimated fair value. The current Gross Margin % is 17.33%, which is near median its 10-year median of 18.14 and 29.4% below the Hardware industry median of 24.53. Global Brands Manufacture's overall GF Score™ is 86/100 with 4 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 Global Brands Manufacture (TPE:6191), the current Gross Margin % is 17.33% 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 Global Brands Manufacture (TPE:6191) Overvalued in 2026?

Based on GuruFocus' analysis, Global Brands Manufacture stock appears to be overvalued. The current stock price of NT$106.50 is trading 9.2% above its estimated GF Value™ of NT$97.49. GuruFocus considers Global Brands Manufacture to be Fairly Valued.

Key valuation signals for TPE:6191:

  • Gross Margin %: 17.33% (near median its 10-year median of 18.14)
  • GF Value™: NT$97.49 vs. price of NT$106.50 (9.2% above fair value)
  • GF Score™: 86/100 with 4 warning signs
  • Industry Position: 29.4% below the Hardware median (#1536 of 2454)

No single metric tells the full story. See the TPE:6191 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Global Brands Manufacture Business Description

Address No. 48-3, Minquan Road, 4th Floor, Xindian District, New Taipei, TWN, 231023
Global Brands Manufacture Ltd is mainly engaged in the manufacturer specializing in Printed Circuit Boards (PCB) and Electronic Manufacturing Services (EMS). The company serves a diverse range of markets, including information, communication, automobile, and consumer electronics. Its geographical segments are Asia, America, and Europe, of which the majority of its revenue comes from Asia.
86GF Score

Get the complete analysis for TPE:6191

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

NT$106.50
Price
NT$97.49
GF Value