Apaq Technology Co (TPE:6449) Gross Margin %: 36.12% (As of Dec. 2025) — 32% Above Median


TPE:6449 Apaq Technology Co Ltd TPE:6449
78 GF Score
Price NT$345.00
GF Value NT$154.91
Valuation Significantly Overvalued
! 2 Warning Signs
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What is Apaq Technology Co Gross Margin %?

Apaq Technology Co TPE:6449 +2.07% 78 Gross Margin % is 36.12% as of Dec. 2025, which is 32% above its 10-year median of 27.43. GuruFocus rates TPE:6449 with a GF Score™ of 78/100 and a GF Value™ of NT$154.91 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 2,454 Hardware companies, Apaq Technology Co ranks better than 69.11% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Apaq Technology Co's Gross Profit for the three months ended in Dec. 2025 was NT$459 Mil. Apaq Technology Co's Revenue for the three months ended in Dec. 2025 was NT$1,270 Mil. Therefore, Apaq Technology Co's Gross Margin % for the quarter that ended in Dec. 2025 was 36.12%.


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

TPE:6449' s Gross Margin % Range Over the Past 10 Years
Min: 23.07   Med: 27.43   Max: 34.66
Current: 34.66


During the past 13 years, the highest Gross Margin % of Apaq Technology Co was 34.66%. The lowest was 23.07%. And the median was 27.43%.

TPE:6449's Gross Margin % is ranked better than
69.11% of 2454 companies
in the Hardware industry
Industry Median: 24.565 vs TPE:6449: 34.66

Apaq Technology Co had a gross margin of 36.12% for the quarter that ended in Dec. 2025 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Apaq Technology Co was 4.00% per year.


Apaq Technology Co  (TPE:6449) 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

Apaq Technology Co had a gross margin of 36.12% 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.


Apaq Technology Co Gross Margin % Related Terms


Apaq Technology Co Gross Margin % Historical Data

* Premium members only.

The historical data trend for Apaq Technology Co'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.

Apaq Technology Co Gross Margin % Chart

Apaq Technology Co 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 26.46 26.08 27.15 29.90 34.66

Apaq Technology Co 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 31.01 31.41 36.49 33.80 36.12

TPE:6449 vs APH, GLW: Gross Margin % Comparison

For the Electronic Components subindustry, Apaq Technology Co'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.


Apaq Technology Co Gross Margin % vs Hardware Industry

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

* The bar in red indicates where Apaq Technology Co's Gross Margin % falls into.


TPE:6449
78GF Score
Apaq Technology Co Ltd TPE:6449
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Apaq Technology Co Gross Margin % Calculation

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

Apaq Technology Co'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 )
=1550.8 / 4474.668
=(Revenue - Cost of Goods Sold) / Revenue
=(4474.668 - 2923.83) / 4474.668
=34.66 %

Apaq Technology Co'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 )
=458.6 / 1269.686
=(Revenue - Cost of Goods Sold) / Revenue
=(1269.686 - 811.053) / 1269.686
=36.12 %

* 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 36.12% mean?
Apaq Technology Co (TPE:6449) has a Gross Margin % of 36.12% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Apaq Technology Co and its competitors. This is 32% above median its historical median of 27.43. Over the past decade, Apaq Technology Co's Gross Margin % has ranged from 23.07 to 34.66. According to the industry distribution chart, Apaq Technology Co ranks #758 out of 2454 companies in the Hardware industry, placing it in the top 30.9%.
Is Apaq Technology Co's Gross Margin % too high?
Apaq Technology Co's current Gross Margin % of 36.12% is 32% above median its 10-year median of 27.43. Over the past 10 years, this metric has ranged from a low of 23.07 to a high of 34.66. The Hardware industry median Gross Margin % is 24.57. Apaq Technology Co's value of 36.12% is 47% above this industry median. Based on the distribution chart, Apaq Technology Co ranks #758 out of 2454 companies in the Hardware industry, which is above the industry midpoint. Overall, Apaq Technology Co has a GF Score™ of 78/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Apaq Technology Co's Gross Margin % compare to APH and GLW?
According to the Hardware industry distribution chart, Apaq Technology Co ranks #758 out of 2454 companies for Gross Margin %. This puts Apaq Technology Co in the upper half of its industry. The industry median Gross Margin % is 24.57. Apaq Technology Co's value of 36.12% is 47% above this benchmark. Historically, Apaq Technology Co's own Gross Margin % has ranged from 23.07 to 34.66 over the past decade. While the company's 10-year median is 27.43 vs. the industry median of 24.57, Apaq Technology Co 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 a Hardware company?
The median Gross Margin % among Hardware companies is 24.57, 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. Apaq Technology Co's current Gross Margin % of 36.12% is 47% 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 Apaq Technology Co and its competitors. For the Hardware industry, the median Gross Margin % is 24.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Apaq Technology Co's current Gross Margin % is 36.12%, which is 32% above median its own 10-year median of 27.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Apaq Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Apaq Technology Co (TPE:6449) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$154.91, compared to a current price of NT$345.00 — trading 122.7% above its estimated fair value. The current Gross Margin % is 36.12%, which is 32% above median its 10-year median of 27.43 and 47% above the Hardware industry median of 24.57. Apaq Technology Co's overall GF Score™ is 78/100 with 2 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 Apaq Technology Co (TPE:6449), the current Gross Margin % is 36.12% 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 Apaq Technology Co (TPE:6449) Overvalued in 2026?

Based on GuruFocus' analysis, Apaq Technology Co stock appears to be overvalued. The current stock price of NT$345.00 is trading 122.7% above its estimated GF Value™ of NT$154.91. GuruFocus considers Apaq Technology Co to be Significantly Overvalued.

Key valuation signals for TPE:6449:

  • Gross Margin %: 36.12% (32% above median its 10-year median of 27.43)
  • GF Value™: NT$154.91 vs. price of NT$345.00 (122.7% above fair value)
  • GF Score™: 78/100 with 2 warning signs
  • Industry Position: 47% above the Hardware median (#758 of 2454)

No single metric tells the full story. See the TPE:6449 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Apaq Technology Co Business Description

Address No. 2 & 6, Kedong 3rd Road, 4th Floor, Zhunan Township, Miaoli County, Miaoli, TWN, 350401
Apaq Technology Co Ltd is a Taiwan-based company that focuses on the research, development, manufacturing, and sales of electronic components. The company generates revenues by selling products that include ultra-small, high temperature-resistant, long-life, low impedance electrolytic capacitors and coiled conductive polymer solid capacitors. Geographically, the company has a presence in Asia, Taiwan, and Other countries.
78GF Score

Get the complete analysis for TPE:6449

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

NT$345.00
Price
NT$154.91
GF Value