WNC (TPE:6285) Gross Margin %: 14.09% (As of Dec. 2025) — 15% Above Median


TPE:6285 WNC Corp TPE:6285
77 GF Score
Price NT$258.50
GF Value NT$131.12
Valuation Significantly Overvalued
! 4 Warning Signs
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What is WNC Gross Margin %?

WNC TPE:6285 +0.19% 77 Gross Margin % is 14.09% as of Dec. 2025, which is 15% above its 10-year median of 12.22. GuruFocus rates TPE:6285 with a GF Score™ of 77/100 and a GF Value™ of NT$131.12 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 2,449 Hardware companies, WNC ranks worse than 79.3% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. WNC's Gross Profit for the three months ended in Dec. 2025 was NT$3,805 Mil. WNC's Revenue for the three months ended in Dec. 2025 was NT$27,015 Mil. Therefore, WNC's Gross Margin % for the quarter that ended in Dec. 2025 was 14.09%.


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

TPE:6285' s Gross Margin % Range Over the Past 10 Years
Min: 10.79   Med: 12.22   Max: 13.86
Current: 12.48


During the past 13 years, the highest Gross Margin % of WNC was 13.86%. The lowest was 10.79%. And the median was 12.22%.

TPE:6285's Gross Margin % is ranked worse than
79.3% of 2449 companies
in the Hardware industry
Industry Median: 24.5 vs TPE:6285: 12.48

WNC had a gross margin of 14.09% for the quarter that ended in Dec. 2025 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for WNC was 2.80% per year.


WNC  (TPE:6285) 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

WNC had a gross margin of 14.09% 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.


WNC Gross Margin % Related Terms


WNC Gross Margin % Historical Data

* Premium members only.

The historical data trend for WNC'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.

WNC Gross Margin % Chart

WNC 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 10.79 12.17 12.27 12.14 12.48

WNC 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 12.86 12.20 11.55 12.12 14.09

TPE:6285 vs CSCO, CIEN, MSI: Gross Margin % Comparison

For the Communication Equipment subindustry, WNC'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.


WNC Gross Margin % vs Hardware Industry

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

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


TPE:6285
77GF Score
WNC Corp TPE:6285
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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WNC Gross Margin % Calculation

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

WNC'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 )
=13761.6 / 110250.764
=(Revenue - Cost of Goods Sold) / Revenue
=(110250.764 - 96489.177) / 110250.764
=12.48 %

WNC'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 )
=3805.2 / 27015.477
=(Revenue - Cost of Goods Sold) / Revenue
=(27015.477 - 23210.249) / 27015.477
=14.09 %

* 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 14.09% mean?
WNC (TPE:6285) has a Gross Margin % of 14.09% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on WNC and its competitors. This is 15% above median its historical median of 12.22. Over the past decade, WNC's Gross Margin % has ranged from 10.79 to 13.86. According to the industry distribution chart, WNC ranks #1942 out of 2449 companies in the Hardware industry, placing it in the top 79.3%.
Is WNC's Gross Margin % too high?
WNC's current Gross Margin % of 14.09% is 15% above median its 10-year median of 12.22. Over the past 10 years, this metric has ranged from a low of 10.79 to a high of 13.86. The Hardware industry median Gross Margin % is 24.50. WNC's value of 14.09% is 42.5% below this industry median. Based on the distribution chart, WNC ranks #1942 out of 2449 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, WNC has a GF Score™ of 77/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does WNC's Gross Margin % compare to CSCO and CIEN?
According to the Hardware industry distribution chart, WNC ranks #1942 out of 2449 companies for Gross Margin %. This places WNC in the lower half of its industry. The industry median Gross Margin % is 24.50. WNC's value of 14.09% is 42.5% below this benchmark. Historically, WNC's own Gross Margin % has ranged from 10.79 to 13.86 over the past decade. While the company's 10-year median is 12.22 vs. the industry median of 24.50, WNC 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 24.50, based on 2,449 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. WNC's current Gross Margin % of 14.09% is 42.5% 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 WNC and its competitors. For the Hardware industry, the median Gross Margin % is 24.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. WNC's current Gross Margin % is 14.09%, which is 15% above median its own 10-year median of 12.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is WNC stock overvalued right now?
Based on GuruFocus' analysis, WNC (TPE:6285) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$131.12, compared to a current price of NT$258.50 — trading 97.1% above its estimated fair value. The current Gross Margin % is 14.09%, which is 15% above median its 10-year median of 12.22 and 42.5% below the Hardware industry median of 24.50. WNC's overall GF Score™ is 77/100 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 WNC (TPE:6285), the current Gross Margin % is 14.09% 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 WNC (TPE:6285) Overvalued in 2026?

Based on GuruFocus' analysis, WNC stock appears to be overvalued. The current stock price of NT$258.50 is trading 97.1% above its estimated GF Value™ of NT$131.12. GuruFocus considers WNC to be Significantly Overvalued.

Key valuation signals for TPE:6285:

  • Gross Margin %: 14.09% (15% above median its 10-year median of 12.22)
  • GF Value™: NT$131.12 vs. price of NT$258.50 (97.1% above fair value)
  • GF Score™: 77/100 with 4 warning signs
  • Industry Position: 42.5% below the Hardware median (#1942 of 2449)

No single metric tells the full story. See the TPE:6285 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


WNC Business Description

Address 20 Park Avenue II, Hsinchu Science Park, Hsinchu, TWN, 308
WNC Corp is engaged mainly in the research, development, manufacturing and sales of the following products, including wired communication equipment, wireless communication networking equipment, electronic components, regulated telecommunication radio frequency equipment, medical devices, electric power generation, transmission and distribution machinery, satellite communication systems, mobile and portable communication products, products, components, semi-finished products and peripherals of medical testing equipment, medical diagnostic equipment, smart mobile aids, Information and communications technology (ICT) products, software and hardware integration solutions information software services, data processing services, and application services of electronic data supply.
77GF Score

Get the complete analysis for TPE:6285

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

NT$258.50
Price
NT$131.12
GF Value