AP Memory Technology (TPE:6531) Gross Margin %: 49.86% (As of Dec. 2025) — 40% Above Median


TPE:6531 AP Memory Technology Corp TPE:6531
79 GF Score
Price NT$998.00
GF Value NT$588.38
Valuation Significantly Overvalued
! 1 Warning Sign
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What is AP Memory Technology Gross Margin %?

AP Memory Technology TPE:6531 +1.84% 79 Gross Margin % is 49.86% as of Dec. 2025, which is 40% above its 10-year median of 35.63. GuruFocus rates TPE:6531 with a GF Score™ of 79/100 and a GF Value™ of NT$588.38 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 1,009 Semiconductors companies, AP Memory Technology ranks better than 78.69% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. AP Memory Technology's Gross Profit for the three months ended in Dec. 2025 was NT$932 Mil. AP Memory Technology's Revenue for the three months ended in Dec. 2025 was NT$1,868 Mil. Therefore, AP Memory Technology's Gross Margin % for the quarter that ended in Dec. 2025 was 49.86%.


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

TPE:6531' s Gross Margin % Range Over the Past 10 Years
Min: 14.07   Med: 35.63   Max: 51.18
Current: 46.48


During the past 13 years, the highest Gross Margin % of AP Memory Technology was 51.18%. The lowest was 14.07%. And the median was 35.63%.

TPE:6531's Gross Margin % is ranked better than
78.69% of 1009 companies
in the Semiconductors industry
Industry Median: 29.61 vs TPE:6531: 46.48

AP Memory Technology had a gross margin of 49.86% for the quarter that ended in Dec. 2025 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for AP Memory Technology was 7.90% per year.


AP Memory Technology  (TPE:6531) 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

AP Memory Technology had a gross margin of 49.86% for the quarter that ended in Dec. 2025 => Durable 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.


AP Memory Technology Gross Margin % Related Terms


AP Memory Technology Gross Margin % Historical Data

* Premium members only.

The historical data trend for AP Memory Technology'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.

AP Memory Technology Gross Margin % Chart

AP Memory Technology 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 45.72 43.60 41.52 51.18 46.48

AP Memory Technology 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 53.24 46.48 42.25 46.01 49.86

TPE:6531 vs NVDA, AVGO, MU: Gross Margin % Comparison

For the Semiconductors subindustry, AP Memory Technology'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.


AP Memory Technology Gross Margin % vs Semiconductors Industry

For the Semiconductors industry and Technology sector, AP Memory Technology's Gross Margin % distribution charts can be found below:

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


TPE:6531
79GF Score
AP Memory Technology Corp TPE:6531
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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AP Memory Technology Gross Margin % Calculation

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

AP Memory Technology'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 )
=2633.7 / 5666.498
=(Revenue - Cost of Goods Sold) / Revenue
=(5666.498 - 3032.837) / 5666.498
=46.48 %

AP Memory Technology'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 )
=931.5 / 1868.104
=(Revenue - Cost of Goods Sold) / Revenue
=(1868.104 - 936.593) / 1868.104
=49.86 %

* 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 49.86% mean?
AP Memory Technology (TPE:6531) has a Gross Margin % of 49.86% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on AP Memory Technology and its competitors. This is 40% above median its historical median of 35.63. Over the past decade, AP Memory Technology's Gross Margin % has ranged from 14.07 to 51.18. According to the industry distribution chart, AP Memory Technology ranks #215 out of 1009 companies in the Semiconductors industry, placing it in the top 21.3%.
Is AP Memory Technology's Gross Margin % too high?
AP Memory Technology's current Gross Margin % of 49.86% is 40% above median its 10-year median of 35.63. Over the past 10 years, this metric has ranged from a low of 14.07 to a high of 51.18. The Semiconductors industry median Gross Margin % is 29.61. AP Memory Technology's value of 49.86% is 68.4% above this industry median. Based on the distribution chart, AP Memory Technology ranks #215 out of 1009 companies in the Semiconductors industry, which is in the top quartile — a strong position relative to peers. Overall, AP Memory Technology has a GF Score™ of 79/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does AP Memory Technology's Gross Margin % compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, AP Memory Technology ranks #215 out of 1009 companies for Gross Margin %. This places AP Memory Technology in the top 21% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 29.61. AP Memory Technology's value of 49.86% is 68.4% above this benchmark. Historically, AP Memory Technology's own Gross Margin % has ranged from 14.07 to 51.18 over the past decade. While the company's 10-year median is 35.63 vs. the industry median of 29.61, AP Memory Technology 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 Semiconductors company?
The median Gross Margin % among Semiconductors companies is 29.61, based on 1,009 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. AP Memory Technology's current Gross Margin % of 49.86% is 68.4% 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 AP Memory Technology and its competitors. For the Semiconductors industry, the median Gross Margin % is 29.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AP Memory Technology's current Gross Margin % is 49.86%, which is 40% above median its own 10-year median of 35.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AP Memory Technology stock overvalued right now?
Based on GuruFocus' analysis, AP Memory Technology (TPE:6531) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$588.38, compared to a current price of NT$998.00 — trading 69.6% above its estimated fair value. The current Gross Margin % is 49.86%, which is 40% above median its 10-year median of 35.63 and 68.4% above the Semiconductors industry median of 29.61. AP Memory Technology's overall GF Score™ is 79/100 with 1 warning sign 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 AP Memory Technology (TPE:6531), the current Gross Margin % is 49.86% 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 AP Memory Technology (TPE:6531) Overvalued in 2026?

Based on GuruFocus' analysis, AP Memory Technology stock appears to be overvalued. The current stock price of NT$998.00 is trading 69.6% above its estimated GF Value™ of NT$588.38. GuruFocus considers AP Memory Technology to be Significantly Overvalued.

Key valuation signals for TPE:6531:

  • Gross Margin %: 49.86% (40% above median its 10-year median of 35.63)
  • GF Value™: NT$588.38 vs. price of NT$998.00 (69.6% above fair value)
  • GF Score™: 79/100 with 1 warning sign
  • Industry Position: 68.4% above the Semiconductors median (#215 of 1009)

No single metric tells the full story. See the TPE:6531 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


AP Memory Technology Business Description

Address No. 1, Taiyuan 1st Street, 10th Floor-1, Hsinchu County, Zhubei, TWN, 30288
AP Memory Technology Corp is a memory IC design company. The company is engaged in the research, development, production, and sale of various integrated circuit (IC) products, and provides technical services related to the product design, research, and development. The company has two reportable segments: IOT Business Unit, which generates maximum revenue, is involved in the design, sales, and licensing of customized memory solutions; and the AI Business Unit, which is involved in the design, sales, and licensing of heterogeneous integrated chip solutions. Geographically, the company derives its key revenue from China, Taiwan, America, Europe, Singapore, Japan, and other regions.
79GF Score

Get the complete analysis for TPE:6531

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

NT$998.00
Price
NT$588.38
GF Value