Lumax International (TPE:6192) Gross Margin %: 30.66% (As of Dec. 2025) — Near Median


TPE:6192 Lumax International Corp Ltd TPE:6192
90 GF Score
Price NT$123.00
GF Value NT$102.74
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Lumax International Gross Margin %?

Lumax International TPE:6192 +1.23% 90 Gross Margin % is 30.66% as of Dec. 2025, which is 3% below its 10-year median of 31.65. GuruFocus rates TPE:6192 with a GF Score™ of 90/100 and a GF Value™ of NT$102.74 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 153 Industrial Distribution companies, Lumax International ranks better than 73.2% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Lumax International's Gross Profit for the three months ended in Dec. 2025 was NT$618 Mil. Lumax International's Revenue for the three months ended in Dec. 2025 was NT$2,016 Mil. Therefore, Lumax International's Gross Margin % for the quarter that ended in Dec. 2025 was 30.66%.


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

TPE:6192' s Gross Margin % Range Over the Past 10 Years
Min: 27.52   Med: 31.65   Max: 32.96
Current: 32.8


During the past 13 years, the highest Gross Margin % of Lumax International was 32.96%. The lowest was 27.52%. And the median was 31.65%.

TPE:6192's Gross Margin % is ranked better than
73.2% of 153 companies
in the Industrial Distribution industry
Industry Median: 24.34 vs TPE:6192: 32.80

Lumax International had a gross margin of 30.66% for the quarter that ended in Dec. 2025 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Lumax International was -0.60% per year.


Lumax International  (TPE:6192) 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

Lumax International had a gross margin of 30.66% 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.


Lumax International Gross Margin % Related Terms


Lumax International Gross Margin % Historical Data

* Premium members only.

The historical data trend for Lumax International'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.

Lumax International Gross Margin % Chart

Lumax International 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 32.90 32.96 31.96 29.77 32.80

Lumax International 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 30.77 32.05 36.06 32.64 30.66

TPE:6192 vs GWW, FAST, FERG: Gross Margin % Comparison

For the Industrial Distribution subindustry, Lumax International'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.


Lumax International Gross Margin % vs Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Lumax International's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Lumax International's Gross Margin % falls into.


TPE:6192
90GF Score
Lumax International Corp Ltd TPE:6192
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Lumax International Gross Margin % Calculation

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

Lumax International'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 )
=2413.4 / 7357.266
=(Revenue - Cost of Goods Sold) / Revenue
=(7357.266 - 4943.828) / 7357.266
=32.80 %

Lumax International'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 )
=618 / 2015.967
=(Revenue - Cost of Goods Sold) / Revenue
=(2015.967 - 1397.933) / 2015.967
=30.66 %

* 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 30.66% mean?
Lumax International (TPE:6192) has a Gross Margin % of 30.66% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Lumax International and its competitors. This is near median its historical median of 31.65. Over the past decade, Lumax International's Gross Margin % has ranged from 27.52 to 32.96. According to the industry distribution chart, Lumax International ranks #41 out of 153 companies in the Industrial Distribution industry, placing it in the top 26.8%.
Is Lumax International's Gross Margin % too high?
Lumax International's current Gross Margin % of 30.66% is near median its 10-year median of 31.65. Over the past 10 years, this metric has ranged from a low of 27.52 to a high of 32.96. The Industrial Distribution industry median Gross Margin % is 24.34. Lumax International's value of 30.66% is 26% above this industry median. Based on the distribution chart, Lumax International ranks #41 out of 153 companies in the Industrial Distribution industry, which is above the industry midpoint. Overall, Lumax International has a GF Score™ of 90/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Lumax International's Gross Margin % compare to GWW and FAST?
According to the Industrial Distribution industry distribution chart, Lumax International ranks #41 out of 153 companies for Gross Margin %. This puts Lumax International in the upper half of its industry. The industry median Gross Margin % is 24.34. Lumax International's value of 30.66% is 26% above this benchmark. Historically, Lumax International's own Gross Margin % has ranged from 27.52 to 32.96 over the past decade. While the company's 10-year median is 31.65 vs. the industry median of 24.34, Lumax International 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 an Industrial Distribution company?
The median Gross Margin % among Industrial Distribution companies is 24.34, based on 153 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. Lumax International's current Gross Margin % of 30.66% is 26% 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 Lumax International and its competitors. For the Industrial Distribution industry, the median Gross Margin % is 24.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lumax International's current Gross Margin % is 30.66%, which is near median its own 10-year median of 31.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lumax International stock overvalued right now?
Based on GuruFocus' analysis, Lumax International (TPE:6192) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$102.74, compared to a current price of NT$123.00 — trading 19.7% above its estimated fair value. The current Gross Margin % is 30.66%, which is near median its 10-year median of 31.65 and 26% above the Industrial Distribution industry median of 24.34. Lumax International's overall GF Score™ is 90/100 with 6 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 Lumax International (TPE:6192), the current Gross Margin % is 30.66% 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 Lumax International (TPE:6192) Overvalued in 2026?

Based on GuruFocus' analysis, Lumax International stock appears to be overvalued. The current stock price of NT$123.00 is trading 19.7% above its estimated GF Value™ of NT$102.74. GuruFocus considers Lumax International to be Modestly Overvalued.

Key valuation signals for TPE:6192:

  • Gross Margin %: 30.66% (near median its 10-year median of 31.65)
  • GF Value™: NT$102.74 vs. price of NT$123.00 (19.7% above fair value)
  • GF Score™: 90/100 with 6 warning signs
  • Industry Position: 26% above the Industrial Distribution median (#41 of 153)

No single metric tells the full story. See the TPE:6192 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Lumax International Business Description

Address Yuanyuan Street, No. 3-1, 12th Floor, NanKang Software Park, Nangang District, Taipei, TWN, 115603
Lumax International Corp Ltd is engaged in the trading of electronic components and process control equipment, the integration of process control systems, and the provision of related maintenance services. It provides goods or services in the following reportable segments: Process control instrument - department A; Process control system - department B; Telecommunication system - department C; Electronics component - department D; and Other process control - department CN. Maximum revenue is derived from the Process control division, which provides hardware products for calibration, inspection, and maintenance of control valves, switch valves, measurement instruments, analyzing instruments, etc. Geographically, it generates maximum revenue from Taiwan, followed by China, and other markets.
90GF Score

Get the complete analysis for TPE:6192

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

NT$123.00
Price
NT$102.74
GF Value