Systex (TPE:6214) Gross Margin %: 24.72% (As of Dec. 2025) — Near Median


TPE:6214 Systex Corp TPE:6214
85 GF Score
Price NT$133.50
GF Value NT$128.74
Valuation Fairly Valued
! 3 Warning Signs
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What is Systex Gross Margin %?

Systex TPE:6214 +0.76% 85 Gross Margin % is 24.72% as of Dec. 2025, which is 6% above its 10-year median of 23.39. GuruFocus rates TPE:6214 with a GF Score™ of 85/100 and a GF Value™ of NT$128.74 (Fairly Valued). The stock has 3 warning signs investors should review. Among 2,681 Software companies, Systex ranks worse than 76.69% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Systex's Gross Profit for the three months ended in Dec. 2025 was NT$2,811 Mil. Systex's Revenue for the three months ended in Dec. 2025 was NT$11,372 Mil. Therefore, Systex's Gross Margin % for the quarter that ended in Dec. 2025 was 24.72%.

Warning Sign:

Systex 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 Systex's Gross Margin % or its related term are showing as below:

TPE:6214' s Gross Margin % Range Over the Past 10 Years
Min: 21.18   Med: 23.39   Max: 26.87
Current: 21.92


During the past 13 years, the highest Gross Margin % of Systex was 26.87%. The lowest was 21.18%. And the median was 23.39%.

TPE:6214's Gross Margin % is ranked worse than
76.69% of 2681 companies
in the Software industry
Industry Median: 40.41 vs TPE:6214: 21.92

Systex had a gross margin of 24.72% for the quarter that ended in Dec. 2025 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Systex was -1.90% per year.


Systex  (TPE:6214) 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

Systex had a gross margin of 24.72% 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.


Systex Gross Margin % Related Terms


Systex Gross Margin % Historical Data

* Premium members only.

The historical data trend for Systex'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.

Systex Gross Margin % Chart

Systex 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 22.54 22.15 22.48 21.18 21.92

Systex 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 21.00 21.23 23.15 18.94 24.72

TPE:6214 vs IBM, ACN, FISV: Gross Margin % Comparison

For the Information Technology Services subindustry, Systex'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.


Systex Gross Margin % vs Software Industry

For the Software industry and Technology sector, Systex's Gross Margin % distribution charts can be found below:

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


TPE:6214
85GF Score
Systex Corp TPE:6214
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Systex Gross Margin % Calculation

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

Systex'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 )
=9637.2 / 43969.455
=(Revenue - Cost of Goods Sold) / Revenue
=(43969.455 - 34332.281) / 43969.455
=21.92 %

Systex'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 )
=2811.1 / 11372.221
=(Revenue - Cost of Goods Sold) / Revenue
=(11372.221 - 8561.138) / 11372.221
=24.72 %

* 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 24.72% mean?
Systex (TPE:6214) has a Gross Margin % of 24.72% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Systex and its competitors. This is near median its historical median of 23.39. Over the past decade, Systex's Gross Margin % has ranged from 21.18 to 26.87. According to the industry distribution chart, Systex ranks #2056 out of 2681 companies in the Software industry, placing it in the top 76.7%.
Is Systex's Gross Margin % too high?
Systex's current Gross Margin % of 24.72% is near median its 10-year median of 23.39. Over the past 10 years, this metric has ranged from a low of 21.18 to a high of 26.87. The Software industry median Gross Margin % is 40.41. Systex's value of 24.72% is 38.8% below this industry median. Based on the distribution chart, Systex ranks #2056 out of 2681 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Systex has a GF Score™ of 85/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Systex's Gross Margin % compare to IBM and ACN?
According to the Software industry distribution chart, Systex ranks #2056 out of 2681 companies for Gross Margin %. This places Systex in the lower half of its industry. The industry median Gross Margin % is 40.41. Systex's value of 24.72% is 38.8% below this benchmark. Historically, Systex's own Gross Margin % has ranged from 21.18 to 26.87 over the past decade. While the company's 10-year median is 23.39 vs. the industry median of 40.41, Systex 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 Software company?
The median Gross Margin % among Software companies is 40.41, based on 2,681 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. Systex's current Gross Margin % of 24.72% is 38.8% 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 Systex and its competitors. For the Software industry, the median Gross Margin % is 40.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Systex's current Gross Margin % is 24.72%, which is near median its own 10-year median of 23.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Systex stock overvalued right now?
Based on GuruFocus' analysis, Systex (TPE:6214) is currently considered Fairly Valued. The stock's GF Value™ is NT$128.74, compared to a current price of NT$133.50 — trading 3.7% above its estimated fair value. The current Gross Margin % is 24.72%, which is near median its 10-year median of 23.39 and 38.8% below the Software industry median of 40.41. Systex's overall GF Score™ is 85/100 with 3 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 Systex (TPE:6214), the current Gross Margin % is 24.72% 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 Systex (TPE:6214) Overvalued in 2026?

Based on GuruFocus' analysis, Systex stock appears to be overvalued. The current stock price of NT$133.50 is trading 3.7% above its estimated GF Value™ of NT$128.74. GuruFocus considers Systex to be Fairly Valued.

Key valuation signals for TPE:6214:

  • Gross Margin %: 24.72% (near median its 10-year median of 23.39)
  • GF Value™: NT$128.74 vs. price of NT$133.50 (3.7% above fair value)
  • GF Score™: 85/100 with 3 warning signs
  • Industry Position: 38.8% below the Software median (#2056 of 2681)

No single metric tells the full story. See the TPE:6214 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Systex Business Description

Address 318, Ruiguang Road, Neihu District, Taiepi, TWN, 114
Systex Corp is engaged in sale and lease of computer software and related equipment, transmission and security of value-added network, maintenance of databases, and consultation. It operates in three segments: Industry Application Services, Value-Added Distribution (VAD) Services, and System Integration Value-Added Services. The majority of the revenue is derived from the Value-Added Distribution Services segment, which offers sales, implementation, and technical support for hardware and software products from both domestic and international vendors. It also encompasses cloud platform deployment, enterprise cloud applications, IT professional training, and publishing services, meeting enterprise clients' demand for rapid access to information technology infrastructure and capabilities.
85GF Score

Get the complete analysis for TPE:6214

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

NT$133.50
Price
NT$128.74
GF Value